Market Overview:
The global laser designator market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the laser designator market can be attributed to the increasing demand for precision-guided munitions (PGMs) and rising terrorist threats across the globe. Based on type, the ground-based laser designator segment is expected to lead the global laser designator market during the forecast period. This can be attributed to their ability to provide accurate target designation in all weather conditions and battlefield environments.
Product Definition:
A laser designator is a device that emits a beam of light, typically infrared, to designate a target. The designator allows the operator to paint the target with the beam, which then allows an aircraft or missile equipped with a seeker head to lock onto and track the target.
Ground-based Laser Designator:
Ground-based laser designator, commonly known as GPS laser or GLONASS laser, is a type of satellite-based lasers that can be used to direct a beam towards the target and measure its position. The ground based designator has witnessed significant growth in recent years owing to its increasing application areas such as military intelligence gathering, law enforcement & rescue operations and construction activities.
Air-borne Laser Designator:
Air-borne laser designator is a device used to direct a laser beam towards the target by using an aircraft. It works on the principle of reflected light from the mirror mounted on its body. The Air-borne Laser Designator (ALD) was initially developed for military use but later on it's usage expanded in various sectors such as law enforcement, scientific research and exploration etc.
Application Insights:
The military and defense segment dominated the global market in 2017. The application of designators for air, land and naval targets has been a major factor contributing to their large share. Laser-based designation systems have numerous applications in ground, air and maritime operations for targeting explosives, missiles and other weapons with high precision. They are used as aiming devices by military pilots during aerial combat to destroy enemy aircraft or helicopters using stand-off missiles from beyond visual range distances.
The homeland security segment is expected to register the highest CAGR over the forecast period owing to increasing investments by governments across various countries in developing effective counter terrorism measures against potential threats from foreign terrorist fighters at home soil. Laser designation systems are being increasingly deployed at important government installations including nuclear facilities, critical infrastructure facilities like power plants & dams along with mobile units that can be deployed quickly on site if there is an emergency situation requiring immediate attention from authorities or the affected population without causing any damage or injury until help arrives (if necessary).
Regional Analysis:
North America dominated the global market in terms of revenue share in 2017. The U.S., which is at the forefront, has been witnessing a steady increase in defense budget over the years, thereby propelling industry growth across this region. Moreover, growing demand for high-precision weapons and increasing need for target acquisition have also contributed to regional growth.
The Asia Pacific regional market is expected to grow at a lucrative rate over the forecast period owing to rising geopolitical tensions and conflicts between countries coupled with increasing defense budgets of some Asian countries such as India and China that are majorly driving industry growth across this region.
Growth Factors:
- Increasing demand for laser designators from the military and defense sector as they help in accurate targeting of objects.
- The increasing use of laser designators in civilian applications such as surveying, construction, and mining is also driving the market growth.
- Growing popularity of night vision devices that require laser designators for illumination is also propelling the market growth.
- Development of new and advanced technologies such as infrared lasers is expected to create new opportunities for the market growth over the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Laser Designator Market Research Report
By Type
Ground-based Laser Designator, Air-borne Laser Designator
By Application
Military & Defense, Homeland Security
By Companies
L3 Technologies, Leonardo, Northrop Grumman, Thales, Elbit Systems, FLIR Systems, General Atomics, UTC Aerospace Systems, Gooch & Housego, RPMC Lasers, Alpha Design Technologies
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
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Laser Designator Market Report Segments:
The global Laser Designator market is segmented on the basis of:
Types
Ground-based Laser Designator, Air-borne Laser Designator
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
Military & Defense, Homeland Security
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:
- L3 Technologies
- Leonardo
- Northrop Grumman
- Thales
- Elbit Systems
- FLIR Systems
- General Atomics
- UTC Aerospace Systems
- Gooch & Housego
- RPMC Lasers
- Alpha Design Technologies
Highlights of The Laser Designator 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:
- Ground-based Laser Designator
- Air-borne Laser Designator
- By Application:
- Military & Defense
- Homeland Security
- 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 Laser Designator 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
A laser designator is a device used to designate targets for laser fire.
Some of the major players in the laser designator market are L3 Technologies, Leonardo, Northrop Grumman, Thales, Elbit Systems, FLIR Systems, General Atomics, UTC Aerospace Systems, Gooch & Housego, RPMC Lasers, Alpha Design Technologies.
The laser designator market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Laser Designator Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Laser Designator Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Laser Designator Market - Supply Chain
4.5. Global Laser Designator Market Forecast
4.5.1. Laser Designator Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Laser Designator Market Size (000 Units) and Y-o-Y Growth
4.5.3. Laser Designator Market Absolute $ Opportunity
5. Global Laser Designator Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Laser Designator Market Size and Volume Forecast by Type
5.3.1. Ground-based Laser Designator
5.3.2. Air-borne Laser Designator
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Laser Designator Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Laser Designator Market Size and Volume Forecast by Application
6.3.1. Military & Defense
6.3.2. Homeland Security
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Laser Designator Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Laser Designator Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Laser Designator Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Laser Designator Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Laser Designator Demand Share Forecast, 2019-2026
9. North America Laser Designator Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Laser Designator Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Laser Designator Market Size and Volume Forecast by Application
9.4.1. Military & Defense
9.4.2. Homeland Security
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Laser Designator Market Size and Volume Forecast by Type
9.7.1. Ground-based Laser Designator
9.7.2. Air-borne Laser Designator
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Laser Designator Demand Share Forecast, 2019-2026
10. Latin America Laser Designator Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Laser Designator Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Laser Designator Market Size and Volume Forecast by Application
10.4.1. Military & Defense
10.4.2. Homeland Security
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Laser Designator Market Size and Volume Forecast by Type
10.7.1. Ground-based Laser Designator
10.7.2. Air-borne Laser Designator
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Laser Designator Demand Share Forecast, 2019-2026
11. Europe Laser Designator Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Laser Designator Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Laser Designator Market Size and Volume Forecast by Application
11.4.1. Military & Defense
11.4.2. Homeland Security
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Laser Designator Market Size and Volume Forecast by Type
11.7.1. Ground-based Laser Designator
11.7.2. Air-borne Laser Designator
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potetial Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Laser Designator Demand Share, 2019-2026
12. Asia Pacific Laser Designator Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Laser Designator Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Laser Designator Market Size and Volume Forecast by Application
12.4.1. Military & Defense
12.4.2. Homeland Security
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Laser Designator Market Size and Volume Forecast by Type
12.7.1. Ground-based Laser Designator
12.7.2. Air-borne Laser Designator
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Laser Designator Demand Share, 2019-2026
13. Middle East & Africa Laser Designator Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Laser Designator Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Laser Designator Market Size and Volume Forecast by Application
13.4.1. Military & Defense
13.4.2. Homeland Security
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Laser Designator Market Size and Volume Forecast by Type
13.7.1. Ground-based Laser Designator
13.7.2. Air-borne Laser Designator
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Laser Designator Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Laser Designator Market: Market Share Analysis
14.2. Laser Designator Distributors and Customers
14.3. Laser Designator Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. L3 Technologies
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Leonardo
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Northrop Grumman
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Thales
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Elbit Systems
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. FLIR Systems
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. General Atomics
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. UTC Aerospace Systems
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Gooch & Housego
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. RPMC Lasers
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Alpha Design Technologies
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
