Market Overview:
The global military imaging system market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for advanced security and surveillance systems across the globe. Additionally, the increasing use of military imaging systems for monitoring and inspection applications is also contributing to the growth of this market. However, factors such as high installation and maintenance costs may restrain the growth of this market in some regions during the forecast period. Based on type, thermal imaging held a major share of 63% in 2017 and is expected to maintain its dominance during the forecast period from 2018 to 2030. This can be attributed to its ability detect objects even in low-light conditions or complete darkness.
Product Definition:
A military imaging system is a type of surveillance technology that is used to capture images of enemy targets from a distance. These systems are typically used in order to provide intelligence information about potential threats, and can be used to help plan and execute military operations.
Thermal Imaging:
Thermal imaging is the technique that involves the detection and measurement of radiations emitted by objects. It makes use of infrared light, which is invisible to the human eye but can be captured by a digital camera or a video camera. The image produced is based on detecting infrared radiation from an object and measuring its temperature.
The technology has been around for decades; however, it has only recently started gaining popularity due to technological advancements in cameras.
Hyperspectral Imaging:
Hyperspectral imaging is a combination of optical and infrared imaging. It provides color depth (64-bit) and spatial resolution (1.5 to 5 millimeters) beyond the traditional monochrome images offered by black and white cameras used in military applications.
Application Insights:
The monitoring and inspection application segment dominated the global military imaging system market in 2017. This can be attributed to the rising need for monitoring and inspection of suspicious packages or vehicles at airports, seaports, border areas etc. Furthermore, governments are deploying these systems at strategic locations for intelligence gathering purposes. For instance, Turkey is planning to deploy a multispectral imaging camera on its Syrian border which will help it in identifying possible threats from Syria¢â‚¬â„¢s President Bashar al-Assad regime.
Security and surveillance are expected to grow significantly over the forecast period owing to increasing concerns about terrorism across various regions including Middle East & Africa, Europe & North America etc. Moreover, countries such as China have been focusing on building up their military capabilities which has led them towards adopting advanced technologies such as AI for their weapons systems along with drones that can better identify targets during combat missions thereby driving demand over the forecast period.
Regional Analysis:
North America dominated the global military imaging system market in 2016. The U.S., which is at the forefront of technological advancements, has adopted these systems in large numbers owing to their numerous benefits such as enhanced target acquisition and recognition capabilities, superior performance in adverse weather conditions, and increased operational efficiency among others.
The Asia Pacific region is expected to witness significant growth over the forecast period owing to increasing defense budgets by various countries including China and India among others for strengthening security infrastructure at home as well as abroad thereby driving demand for these systems within this region. Moreover rising terrorist activities across South East Asian countries have led governments of respective nations adopt advanced military equipment such as thermal imaging cameras thus positively influencing regional market growth over the next eight years or so.
Growth Factors:
- Increasing demand for advanced imaging systems from military and defense sector across the globe.
- Proliferation of unmanned aerial vehicles (UAVs) and their increasing application in military operations is expected to drive the market growth over the forecast period.
- Growing investments by governments for modernization of armed forces is another key factor that would propel the market growth during the forecast period.
- Rising incidences of terrorism and cross-border conflicts are also anticipated to fuel the demand for advanced imaging systems in military sector over next few years
Scope Of The Report
Report Attributes
Report Details
Report Title
Military Imaging System Market Research Report
By Type
Thermal Imaging, Hyperspectral Imaging, Multispectral Imaging
By Application
Security and Surveillance, Monitoring and Inspection, Detection, Others
By Companies
Flir Systems, Teledyne Technologies, L3 Technologies, Lockheed Martin, Thales Group, Raytheon, Harris Corporation, General Dynamics Mission Systems, Leonardo DRS, Flir Systems
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
139
Number of Tables & Figures
98
Customization Available
Yes, the report can be customized as per your need.
Global Military Imaging System Market Report Segments:
The global Military Imaging System market is segmented on the basis of:
Types
Thermal Imaging, Hyperspectral Imaging, Multispectral Imaging
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Security and Surveillance, Monitoring and Inspection, Detection, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Flir Systems
- Teledyne Technologies
- L3 Technologies
- Lockheed Martin
- Thales Group
- Raytheon
- Harris Corporation
- General Dynamics Mission Systems
- Leonardo DRS
- Flir Systems
Highlights of The Military Imaging System Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Thermal Imaging
- Hyperspectral Imaging
- Multispectral Imaging
- By Application:
- Security and Surveillance
- Monitoring and Inspection
- Detection
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Military Imaging System Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Military imaging systems are used to capture and store images of battlefields, targets, and other areas. They can be used for reconnaissance or surveillance purposes.
Some of the major players in the military imaging system market are Flir Systems, Teledyne Technologies, L3 Technologies, Lockheed Martin, Thales Group, Raytheon, Harris Corporation, General Dynamics Mission Systems, Leonardo DRS, Flir Systems.
The military imaging system market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Military Imaging System Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Military Imaging System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Military Imaging System Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Military Imaging System Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Military Imaging System Market Size & Forecast, 2018-2028
4.5.1 Military Imaging System Market Size and Y-o-Y Growth
4.5.2 Military Imaging System Market Absolute $ Opportunity
Chapter 5 Global Military Imaging System Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Military Imaging System Market Size Forecast by Type
5.2.1 Thermal Imaging
5.2.2 Hyperspectral Imaging
5.2.3 Multispectral Imaging
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Military Imaging System Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Military Imaging System Market Size Forecast by Applications
6.2.1 Security and Surveillance
6.2.2 Monitoring and Inspection
6.2.3 Detection
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Military Imaging System Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Military Imaging System Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Military Imaging System Analysis and Forecast
9.1 Introduction
9.2 North America Military Imaging System Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Military Imaging System Market Size Forecast by Type
9.6.1 Thermal Imaging
9.6.2 Hyperspectral Imaging
9.6.3 Multispectral Imaging
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Military Imaging System Market Size Forecast by Applications
9.10.1 Security and Surveillance
9.10.2 Monitoring and Inspection
9.10.3 Detection
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Military Imaging System Analysis and Forecast
10.1 Introduction
10.2 Europe Military Imaging System Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Military Imaging System Market Size Forecast by Type
10.6.1 Thermal Imaging
10.6.2 Hyperspectral Imaging
10.6.3 Multispectral Imaging
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Military Imaging System Market Size Forecast by Applications
10.10.1 Security and Surveillance
10.10.2 Monitoring and Inspection
10.10.3 Detection
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Military Imaging System Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Military Imaging System Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Military Imaging System Market Size Forecast by Type
11.6.1 Thermal Imaging
11.6.2 Hyperspectral Imaging
11.6.3 Multispectral Imaging
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Military Imaging System Market Size Forecast by Applications
11.10.1 Security and Surveillance
11.10.2 Monitoring and Inspection
11.10.3 Detection
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Military Imaging System Analysis and Forecast
12.1 Introduction
12.2 Latin America Military Imaging System Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Military Imaging System Market Size Forecast by Type
12.6.1 Thermal Imaging
12.6.2 Hyperspectral Imaging
12.6.3 Multispectral Imaging
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Military Imaging System Market Size Forecast by Applications
12.10.1 Security and Surveillance
12.10.2 Monitoring and Inspection
12.10.3 Detection
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Military Imaging System Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Military Imaging System Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Military Imaging System Market Size Forecast by Type
13.6.1 Thermal Imaging
13.6.2 Hyperspectral Imaging
13.6.3 Multispectral Imaging
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Military Imaging System Market Size Forecast by Applications
13.10.1 Security and Surveillance
13.10.2 Monitoring and Inspection
13.10.3 Detection
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Military Imaging System Market: Competitive Dashboard
14.2 Global Military Imaging System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Flir Systems
14.3.2 Teledyne Technologies
14.3.3 L3 Technologies
14.3.4 Lockheed Martin
14.3.5 Thales Group
14.3.6 Raytheon
14.3.7 Harris Corporation
14.3.8 General Dynamics Mission Systems
14.3.9 Leonardo DRS
14.3.10 Flir Systems
