Europe Military Optronics Surveillance and Sighting Systems Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Technology (Image Intensification, Military Laser Systems, and Electro-Optics/Infrared), Device Type (Night Vision Devices, Handheld Thermal Imaging Devices, Integrated Observation Equipment, Standalone Infrared, Seismic and Acoustic Sensors, and Others), and Platform (Ground, Airborne, and Naval)
Market Introduction
The Europe military optronics surveillance & sighting systems market is further segmented into Germany, France, Italy, UK, Russia, and the Rest of Europe. Military optronics surveillance and sighting systems market in the Europe region majorly comprises of developed economies such as France, Italy, Germany, United Kingdom, Russia, and many others. BERTIN INSTRUMENTS, HENSOLDT, Thales Group, Safran, and Ultra Electronics Holdings plc. are some of the big players that offer night vision devices, optronics surveillance, integrated observation equipment, handheld thermal imagers and other surveillance systems. HENSOLDT is all set to help Frontex maritime surveillance project. The innovative leading edge sensor technology offered by HENSOLDT will further strengthen Frontex maritime surveillance in the Mediterranean Sea and also contribute towards the protection of Europe’s south eastern border. ARGOS-II HD electro optical infrared system from the HENSOLDT is going to be deployed on two tethered aerostats for providing extensive security surveillance. In 2019, Switzerland’s Federal Office for Defense Procurement, Armasuisse, has selected Safran Vectronix AG, a subsidiary of Safran Electronics & Defense for providing next generation night vision goggles (NVG) and infrared handheld multifunction binoculars for the nation’s armed forces.
The COVID-19 outbreak across Europe have had a substantial impact on military capabilities. The armed forces have been a critical component of national crisis response across the European countries. Initially, this covered general military support, such as assistance with command and control, repatriation of citizens, logistics, disinfection of public spaces and also in some countries, support to police and internal security. In addition, in many countries, the armed forces supported the nursing and social care system. This experience identified some friction in the processes of managing demand in national health systems and at European level that would have also constrained strategic casualty regulation and evacuation in the event of major conflict in Eastern Europe. Moreover, the requirement of continuous surveillance for military operations has driven the military optronics surveillance and sighting systems market across European countries during FY 2020. Moreover, a few of the countries across Europe are also disclosing their plans for the acquisition of and investments in defense technologies across their respective armed forces, which is also expected to aid in the growth of the market during the forecast period.
Market Overview and Dynamics
The military optronics surveillance and sighting systems market in Europe is expected to grow from US$ 2,992.66 million in 2021 to US$ 4.345.09 million by 2028; it is estimated to grow at a CAGR of 5.5% from 2021 to 2028. Europe is a quick adopter of all the latest technological advancements. In North America, major countries such as the UK and Germany are well equipped with latest surveillance instruments. Lockheed Martin Corporation, Thales Group, Raytheon Technologies Corporation, Rafael Advanced Defense Systems Ltd. and HENSOLDT are among the key players operating in the military optronics surveillance and sighting systems market. Enhancing military modernization initiatives across the world and advancement in integration of next-generation technologies such as artificial intelligence in defense systems are among the factors driving the market growth of military optronics surveillance and sighting systems. Owing to distinct rules, regulations, norms and policies of different countries, trade barriers in this market act as restraining factor to an extent.
Key Market Segments
Europe military optronics surveillance and sighting systems market is segmented into technology, device type, platform, and country. The Europe military optronics surveillance and sighting systems market on the basis of technology is segmented into image intensification, military laser systems, electro-optics/infrared. electro-optics/infrared segment held the largest market share in 2020. Based on device type, the Europe military optronics surveillance and sighting systems market is segmented into night vision devices, handheld thermal imaging devices, integrated observation equipment, standalone infrared, seismic and acoustic sensors, and others. Seismic and acoustic sensors segment held the largest market share in 2020. On the basis of platform, the Europe military optronics surveillance and sighting systems market is segmented into ground, airborne, naval. Ground segment held the largest market share in 2020. Based on country, the Europe military optronics surveillance and sighting systems market is segmented into Germany, France, Italy, UK, Russia, and rest of Europe. Russia held the largest market share in 2020.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the military optronics surveillance and sighting systems market in Europe are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are HENSOLDT, Israel Aerospace Industries, L3Harris Technologies Inc., Lockheed Martin Corporation, Rafael Advanced Defense Systems Ltd., Raytheon Company, Safran S.A., Teledyne FLIR LLC, Thales Group, and Ultra Electronics Holdings plc.
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Europe Military optronics surveillance and sighting systems Market Segmentation
Europe Military Optronics Surveillance and Sighting Systems Market - By technology Type
- Image Intensification
- Military Laser Systems
- Electro-Optics/Infrared
Europe Military Optronics Surveillance and Sighting Systems Market - By Device Type
- Night Vision Devices
- Handheld Thermal Imaging Devices
- Integrated Observation Equipment
- Standalone Infrared
- Seismic and Acoustic Sensors
- Others
Europe Military Optronics Surveillance and Sighting Systems Market – By Platform
- Ground
- Airborne
- Naval
Europe Military Optronics Surveillance and Sighting Systems Market – By Country
- France
- Germany
- Italy
- UK
- Russia
- Rest of Europe
Europe Military Optronics Surveillance and Sighting Systems Market - Company Profiles
- HENSOLDT
- Israel Aerospace Industries
- L3Harris Technologies Inc.
- Lockheed Martin Corporation
- Rafael Advanced Defense Systems Ltd.
- Raytheon Company
- Safran S.A.
- Teledyne FLIR LLC
- Thales Group
- Ultra Electronics Holdings plc.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe Military Optronics Surveillance & Sighting Systems Market Landscape
4.1 Market Overview
4.2 Porter’s Five Forces Analysis
4.2.1 Bargaining Power of Buyers
4.2.2 Bargaining Power of Suppliers
4.2.3 Threat to New Entrants
4.2.4 Threat to Substitutes
4.2.5 Competitive Rivalry
4.3 Ecosystem Analysis
5. Europe Military Optronics Surveillance & Sighting Systems – Market Dynamics
5.1 Market Drivers
5.1.1 Rising Usage of Light-Weight Night Vision Devices
5.1.2 Next-Gen Technologies in Defense Systems Getting Implemented
5.2 Market Restraints
5.2.1 Huge Initial and Maintenance Cost
5.3 Market Opportunities
5.3.1 Surging Deployment in UAVs
5.4 Future Trends
5.4.1 Growing Need for Multiple Data Sharing and Storing Facilities
6. Military Optronics Surveillance & Sighting Systems Market – Europe Overview
6.1 Europe Military Optronics Surveillance & Sighting Systems Market Revenue Forecast and Analysis
7. Europe Military Optronics Surveillance and Sighting Systems Market Analysis – By Technology
7.1 Overview
7.2 Europe Military Optronics Surveillance and Sighting Systems Market, By Technology (2020 and 2028)
7.3 Image Intensification
7.3.1 Overview
7.3.2 Image Intensification: Military Optronics Surveillance and Sighting Systems Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Military Laser Systems
7.4.1 Overview
7.4.2 Military Laser Systems: Military Optronics Surveillance and Sighting Systems Market – Revenue and Forecast to 2028 (US$ Million)
7.5 Electro-Optics/Infrared
7.5.1 Overview
7.5.2 Electro-Optics/Infrared: Military Optronics Surveillance and Sighting Systems Market – Revenue and Forecast to 2028 (US$ Million)
8. Europe Military Optronics Surveillance and Sighting Systems Market Analysis – By Device Type
8.1 Overview
8.2 Europe Military Optronics Surveillance and Sighting Systems Market, by Device Type (2020 and 2028)
8.3 Night Vision Devices
8.3.1 Overview
8.3.2 Night Vision Devices: Military Optronics Surveillance and Sighting Systems Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Handheld Thermal Imaging Devices
8.4.1 Overview
8.4.2 Handheld Thermal Imaging Devices: Military Optronics Surveillance and Sighting Systems Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Integrated Observation Equipment
8.5.1 Overview
8.5.2 Integrated Observation Equipment: Military Optronics Surveillance and Sighting Systems Market – Revenue and Forecast to 2028 (US$ Million)
8.6 Standalone Infrared
8.6.1 Overview
8.6.2 Standalone Infrared: Military Optronics Surveillance and Sighting Systems Market – Revenue and Forecast to 2028 (US$ Million)
8.7 Seismic and Acoustic Sensors
8.7.1 Overview
8.7.2 Seismic and Acoustic Sensors: Military Optronics Surveillance and Sighting Systems Market – Revenue and Forecast to 2028 (US$ Million)
8.8 Others
8.8.1 Overview
8.8.2 Others: Military Optronics Surveillance and Sighting Systems Market – Revenue and Forecast to 2028 (US$ Million)
9. Europe Military Optronics Surveillance and Sighting Systems Market Analysis– By Platform
9.1 Overview
9.2 Europe Military Optronics Surveillance and Sighting Systems Market, by Platform (2020 and 2028)
9.3 Ground
9.3.1 Overview
9.3.2 Ground: Military Optronics Surveillance and Sighting Systems Market – Revenue and Forecast to 2028 (US$ Million)
9.4 Airborne
9.4.1 Overview
9.4.2 Airborne: Military Optronics Surveillance and Sighting Systems Market – Revenue and Forecast to 2028 (US$ Million)
9.5 Naval
9.5.1 Overview
9.5.2 Naval: Military Optronics Surveillance and Sighting Systems Market – Revenue and Forecast to 2028 (US$ Million)
10. Europe Military Optronics Surveillance & Sighting Systems Market – Country Analysis
10.1 Overview
10.1.1 Europe: Military Optronics Surveillance & Sighting Systems Market, By Country
10.1.1.1 Germany: Military Optronics Surveillance & Sighting Systems Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.1.1 Germany: Military Optronics Surveillance & Sighting Systems Market, By Technology
10.1.1.1.2 Germany: Military Optronics Surveillance & Sighting Systems Market, By Device Type
10.1.1.1.3 Germany: Military Optronics Surveillance & Sighting Systems Market, By Platform
10.1.1.2 France: Military Optronics Surveillance & Sighting Systems Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.1 France: Military Optronics Surveillance & Sighting Systems Market, By Technology
10.1.1.2.2 France: Military Optronics Surveillance & Sighting Systems Market, By Device Type
10.1.1.2.3 France: Military Optronics Surveillance & Sighting Systems Market, By Platform
10.1.1.3 Italy: Military Optronics Surveillance & Sighting Systems Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.3.1 Italy: Military Optronics Surveillance & Sighting Systems Market, By Technology
10.1.1.3.2 Italy: Military Optronics Surveillance & Sighting Systems Market, By Device Type
10.1.1.3.3 Italy: Military Optronics Surveillance & Sighting Systems Market, By Platform
10.1.1.4 UK: Military Optronics Surveillance & Sighting Systems Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.4.1 UK: Military Optronics Surveillance & Sighting Systems Market, By Technology
10.1.1.4.2 UK: Military Optronics Surveillance & Sighting Systems Market, By Device Type
10.1.1.4.3 UK: Military Optronics Surveillance & Sighting Systems Market, By Platform
10.1.1.5 Russia: Military Optronics Surveillance & Sighting Systems Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.5.1 Russia: Military Optronics Surveillance & Sighting Systems Market, By Technology
10.1.1.5.2 Russia: Military Optronics Surveillance & Sighting Systems Market, By Device Type
10.1.1.5.3 Russia: Military Optronics Surveillance & Sighting Systems Market, By Platform
10.1.1.6 Rest of Europe: Military Optronics Surveillance & Sighting Systems Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.6.1 Rest of Europe: Military Optronics Surveillance & Sighting Systems Market, By Technology
10.1.1.6.2 Rest of Europe: Military Optronics Surveillance & Sighting Systems Market, By Device Type
10.1.1.6.3 Rest of Europe: Military Optronics Surveillance & Sighting Systems Market, By Platform
11. Europe Military Optronics Surveillance & Sighting Systems Market - COVID-19 Impact Analysis
11.1 Europe: Impact Assessment of COVID-19 Pandemic
12. Industry Landscape
12.1 Market Initiative
12.2 New Development
13. Company Profiles
13.1 HENSOLDT
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Lockheed Martin Corporation
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Thales Group
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 L3Harris Technologies, Inc.
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Israel Aerospace Industries Ltd.
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Raytheon Technologies Corporation
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Safran
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Ultra Electronics Holdings plc.
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Teledyne FLIR LLC
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Rafael Advanced Defense Systems Ltd.
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Word Index
LIST OF TABLES
Table 1. Europe Military Optronics Surveillance & Sighting Systems Market Revenue and Forecast to 2028 (US$ Million)
Table 2. Europe Military Optronics Surveillance & Sighting Systems Market, By Country – Revenue and Forecast to 2028 (US$ Million)
Table 3. Germany Military Optronics Surveillance & Sighting Systems Market, By Technology– Revenue and Forecast to 2028 (US$ Million)
Table 4. Germany Military Optronics Surveillance & Sighting Systems Market, By Device Type – Revenue and Forecast to 2028 (US$ Million)
Table 5. Germany Military Optronics Surveillance & Sighting Systems Market, By Platform – Revenue and Forecast to 2028 (US$ Million)
Table 6. France Military Optronics Surveillance & Sighting Systems Market, By Technology– Revenue and Forecast to 2028 (US$ Million)
Table 7. France Military Optronics Surveillance & Sighting Systems Market, By Device Type – Revenue and Forecast to 2028 (US$ Million)
Table 8. France Military Optronics Surveillance & Sighting Systems Market, By Platform– Revenue and Forecast to 2028 (US$ Million)
Table 9. Italy Military Optronics Surveillance & Sighting Systems Market, By Technology– Revenue and Forecast to 2028 (US$ Million)
Table 10. Italy Military Optronics Surveillance & Sighting Systems Market, By Device Type – Revenue and Forecast to 2028 (US$ Million)
Table 11. Italy Military Optronics Surveillance & Sighting Systems Market, By Platform – Revenue and Forecast to 2028 (US$ Million)
Table 12. UK Military Optronics Surveillance & Sighting Systems Market, By Technology– Revenue and Forecast to 2028 (US$ Million)
Table 13. UK Military Optronics Surveillance & Sighting Systems Market, By Device Type– Revenue and Forecast to 2028 (US$ Million)
Table 14. UK Military Optronics Surveillance & Sighting Systems Market, By Platform – Revenue and Forecast to 2028 (US$ Million)
Table 15. Russia Military Optronics Surveillance & Sighting Systems Market, By Technology– Revenue and Forecast to 2028 (US$ Million)
Table 16. Russia Military Optronics Surveillance & Sighting Systems Market, By Device Type – Revenue and Forecast to 2028 (US$ Million)
Table 17. Russia Military Optronics Surveillance & Sighting Systems Market, By Platform – Revenue and Forecast to 2028 (US$ Million)
Table 18. Rest of Europe Military Optronics Surveillance & Sighting Systems Market, By Technology– Revenue and Forecast to 2028 (US$ Million)
Table 19. Rest of Europe Military Optronics Surveillance & Sighting Systems Market, By Device Type – Revenue and Forecast to 2028 (US$ Million)
Table 20. Rest of Europe Military Optronics Surveillance & Sighting Systems Market, By Platform – Revenue and Forecast to 2028 (US$ Million)
Table 21. List of Abbreviation
LIST OF FIGURES
Figure 1. Europe Military Optronics Surveillance & Sighting Systems Market Segmentation
Figure 2. Europe Military Optronics Surveillance & Sighting Systems Market Segmentation – By Country
Figure 3. Europe Military Optronics Surveillance & Sighting Systems Market Overview
Figure 4. Europe Military Optronics Surveillance & Sighting Systems Market, by Technology
Figure 5. Europe Military Optronics Surveillance & Sighting Systems Market, by Device Type
Figure 6. Europe Military Optronics Surveillance & Sighting Systems Market, by Platform
Figure 7. Europe Military Optronics Surveillance & Sighting Systems Market, By Country
Figure 8. Porter’s Five Forces Analysis
Figure 9. Ecosystem Analysis
Figure 10. Europe Military Optronics Surveillance & Sighting Systems Market: Impact Analysis of Drivers and Restraints
Figure 11. Europe Military Optronics Surveillance & Sighting Systems Market Revenue Forecast and Analysis (US$ Million)
Figure 12. Europe Military Optronics Surveillance and Sighting Systems Market Revenue Share, by Technology (2020 and 2028)
Figure 13. Europe Image Intensification: Military Optronics Surveillance and Sighting Systems Market – Revenue and Forecast to 2028 (US$ Million)
Figure 14. Europe Military Laser Systems: Military Optronics Surveillance and Sighting Systems Market – Revenue and Forecast to 2028 (US$ Million)
Figure 15. Europe Electro-Optics/Infrared: Military Optronics Surveillance and Sighting Systems Market – Revenue and Forecast to 2028 (US$ Million)
Figure 16. Europe Military Optronics Surveillance and Sighting Systems Market Revenue Share, by Device Type (2020 and 2028)
Figure 17. Europe Night Vision Devices: Military Optronics Surveillance and Sighting Systems Market – Revenue and Forecast to 2028 (US$ Million)
Figure 18. Europe Handheld Thermal Imaging Devices: Military Optronics Surveillance and Sighting Systems Market – Revenue and Forecast to 2028 (US$ Million)
Figure 19. Europe Integrated Observation Equipment: Military Optronics Surveillance and Sighting Systems Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. Europe Standalone Infrared: Military Optronics Surveillance and Sighting Systems Market – Revenue and Forecast to 2028 (US$ Million)
Figure 21. Europe Seismic and Acoustic Sensors: Military Optronics Surveillance and Sighting Systems Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. Europe Others: Military Optronics Surveillance and Sighting Systems Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. Europe Military Optronics Surveillance and Sighting Systems Market Revenue Share, by Platform (2020 and 2028)
Figure 24. Europe Ground: Military Optronics Surveillance and Sighting Systems Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25. Europe Airborne: Military Optronics Surveillance and Sighting Systems Market – Revenue and Forecast to 2028 (US$ Million)
Figure 26. Europe Naval: Military Optronics Surveillance and Sighting Systems Market – Revenue and Forecast to 2028 (US$ Million)
Figure 27. Europe: Military Optronics Surveillance & Sighting Systems Market, by Key Country – Revenue (2020) (US$ Million)
Figure 28. Europe: Military Optronics Surveillance & Sighting Systems Market Revenue Share, By Country (2020 and 2028)
Figure 29. Germany: Military Optronics Surveillance & Sighting Systems Market – Revenue and Forecast to 2028 (US$ Million)
Figure 30. France: Military Optronics Surveillance & Sighting Systems Market – Revenue and Forecast to 2028 (US$ Million)
Figure 31. Italy: Military Optronics Surveillance & Sighting Systems Market – Revenue and Forecast to 2028 (US$ Million)
Figure 32. UK: Military Optronics Surveillance & Sighting Systems Market – Revenue and Forecast to 2028 (US$ Million)
Figure 33. Russia: Military Optronics Surveillance & Sighting Systems Market – Revenue and Forecast to 2028 (US$ Million)
Figure 34. Rest of Europe: Military Optronics Surveillance & Sighting Systems Market – Revenue and Forecast to 2028 (US$ Million)
Figure 35. Impact of COVID-19 Pandemic in Europe Country Markets
- HENSOLDT
- Israel Aerospace Industries
- L3Harris Technologies Inc.
- Lockheed Martin Corporation
- Rafael Advanced Defense Systems Ltd.
- Raytheon Company
- Safran S.A.
- Teledyne FLIR LLC
- Thales Group
- Ultra Electronics Holdings plc.
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