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The global military laser designator market size is expected to grow at a CAGR of 5.70% between 2023 and 2028. The market is being driven by the increasing efforts of various countries towards military modernisation and rising geopolitical tensions.
A military laser designator is a light source used for defining and marking a target for military equipment such as precision artillery, laser guided bombs, and missiles. These designators can be mounted on aircrafts, naval vessels, and round vehicles, and comprise of coded pulses fired at the target through invisible beams.
On the basis of standard, the market is bifurcated into eye safe and non-eyesafe. Based on type, the market is divided into ground-based and air-borne, with ground-based subdivided by type into man-portable and vehicle-mounted and air-borne subdivided by type into rockets and missiles, aircraft, unmanned aerial vehicles, and maritime. On the basis of end use, the market is segregated into military and defence, and internal security. Based on region, the military laser designator market segmentation is North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global military laser designator market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
Ground-based military laser designators, by type, are projected to witness significant growth over the forecast period as they enhance situational awareness by enabling target tracking in real time, this in turn minimises collateral damage. These laser designators can be deployed in various situations as they are effective in various environmental conditions. They are also effective in counter terrorism operations as they aid military personnel with accurate engagement and detection of elusive targets.
The North America region is anticipated to hold a sizeable share of the market for military laser designators in the upcoming years due to the significantly high defence expenditure of countries such as the United States. Additionally, the presence of various key players and adoption of novel technologies by militaries in the region are aiding the military laser designator market growth in North America. Rising counter terrorism operations and increasing focus on military modernisation are other factors propelling the demand for military laser designators in the region.
BAE Systems plc is a defence and space manufacturing company that was founded in 1999 and is headquartered in Virginia, United States. They are known for delivering a wide range of products and services for land, air, and naval forces.
Elbit Systems Ltd is an international technology company that was established in 1966 and is based in Haifa, Israel. They specialise in commercial aircrafts, maritime systems, avionics, AFV systems, and cyber security, among others.
Lockheed Martin Corporation is a defence and space manufacturing company that was founded in 1995 and is headquartered in Maryland, United States. They are primarily engaged in the research, development, design, and manufacturing of advanced products and services.
Other market players include Alpha Design Technologies Pvt Ltd, General Atomics, L3Harris Technologies, Inc, Northrop Grumman Corporation, Teledyne Flir LLC, Safran Group, and Thales Group, among others.
REPORT FEATURES | DETAILS |
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Base Year | 2022 |
Historical Period | 2018-2022 |
Forecast Period | 2023-2028 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Standard |
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Breakup by Type |
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Breakup by End Use |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Military Laser Designator Market Analysis
8.1 Key Industry Highlights
8.2 Global Military Laser Designator Historical Market (2018-2022)
8.3 Global Military Laser Designator Market Forecast (2023-2028)
8.4 Global Military Laser Designator Market by Standard
8.4.1 Eye Safe
8.4.1.1 Historical Trend (2018-2022)
8.4.1.2 Forecast Trend (2023-2028)
8.4.2 Non-Eyesafe
8.4.2.1 Historical Trend (2018-2022)
8.4.2.2 Forecast Trend (2023-2028)
8.5 Global Military Laser Designator Market by Type
8.5.1 Ground-Based
8.5.1.1 Historical Trend (2018-2022)
8.5.1.2 Forecast Trend (2023-2028)
8.5.1.3 Breakup by Type
8.5.1.3.1 Man-Portable
8.5.1.3.2 Vehicle-Mounted
8.5.2 Air-Borne
8.5.2.1 Historical Trend (2018-2022)
8.5.2.2 Forecast Trend (2023-2028)
8.5.2.3 Breakup by Type
8.5.2.3.1 Rockets and Missiles
8.5.2.3.2 Aircraft
8.5.2.3.3 Unmanned Aerial Vehicles
8.5.2.3.4 Maritime
8.6 Global Military Laser Designator Market by End Use
8.6.1 Military and Defence
8.6.1.1 Historical Trend (2018-2022)
8.6.1.2 Forecast Trend (2023-2028)
8.6.2 Internal Security
8.6.2.1 Historical Trend (2018-2022)
8.6.2.2 Forecast Trend (2023-2028)
8.7 Global Military Laser Designator Market by Region
8.7.1 North America
8.7.1.1 Historical Trend (2018-2022)
8.7.1.2 Forecast Trend (2023-2028)
8.7.2 Europe
8.7.2.1 Historical Trend (2018-2022)
8.7.2.2 Forecast Trend (2023-2028)
8.7.3 Asia Pacific
8.7.3.1 Historical Trend (2018-2022)
8.7.3.2 Forecast Trend (2023-2028)
8.7.4 Latin America
8.7.4.1 Historical Trend (2018-2022)
8.7.4.2 Forecast Trend (2023-2028)
8.7.5 Middle East and Africa
8.7.5.1 Historical Trend (2018-2022)
8.7.5.2 Forecast Trend (2023-2028)
9 North America Military Laser Designator Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
10 Europe Military Laser Designator Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2022)
10.1.2 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Historical Trend (2018-2022)
10.2.2 Forecast Trend (2023-2028)
10.3 France
10.3.1 Historical Trend (2018-2022)
10.3.2 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Historical Trend (2018-2022)
10.4.2 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Military Laser Designator Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2022)
11.1.2 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Historical Trend (2018-2022)
11.2.2 Forecast Trend (2023-2028)
11.3 India
11.3.1 Historical Trend (2018-2022)
11.3.2 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Historical Trend (2018-2022)
11.4.2 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Historical Trend (2018-2022)
11.5.2 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Military Laser Designator Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2022)
12.1.2 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Historical Trend (2018-2022)
12.2.2 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Historical Trend (2018-2022)
12.3.2 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Military Laser Designator Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2022)
13.1.2 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2022)
13.2.2 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Historical Trend (2018-2022)
13.3.2 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Historical Trend (2018-2022)
13.4.2 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 BAE Systems plc
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Alpha Design Technologies Pvt Ltd
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Elbit Systems Ltd
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Lockheed Martin Corporation
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 General Atomics
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 L3Harris Technologies, Inc
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Northrop Grumman Corporation
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 Teledyne Flir LLC
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 Safran Group
15.2.9.1 Company Overview
15.2.9.2 Product Portfolio
15.2.9.3 Demographic Reach and Achievements
15.2.9.4 Certifications
15.2.10 Thales Group
15.2.10.1 Company Overview
15.2.10.2 Product Portfolio
15.2.10.3 Demographic Reach and Achievements
15.2.10.4 Certifications
15.2.11 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Military Laser Designator Market: Key Industry Highlights, 2018 and 2028
2. Global Military Laser Designator Historical Market: Breakup by Standard (USD Million), 2018-2022
3. Global Military Laser Designator Market Forecast: Breakup by Standard (USD Million), 2023-2028
4. Global Military Laser Designator Historical Market: Breakup by Type (USD Million), 2018-2022
5. Global Military Laser Designator Market Forecast: Breakup by Type (USD Million), 2023-2028
6. Global Military Laser Designator Historical Market: Breakup by End Use (USD Million), 2018-2022
7. Global Military Laser Designator Market Forecast: Breakup by End Use (USD Million), 2023-2028
8. Global Military Laser Designator Historical Market: Breakup by Region (USD Million), 2018-2022
9. Global Military Laser Designator Market Forecast: Breakup by Region (USD Million), 2023-2028
10. North America Military Laser Designator Historical Market: Breakup by Country (USD Million), 2018-2022
11. North America Military Laser Designator Market Forecast: Breakup by Country (USD Million), 2023-2028
12. Europe Military Laser Designator Historical Market: Breakup by Country (USD Million), 2018-2022
13. Europe Military Laser Designator Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Asia Pacific Military Laser Designator Historical Market: Breakup by Country (USD Million), 2018-2022
15. Asia Pacific Military Laser Designator Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Latin America Military Laser Designator Historical Market: Breakup by Country (USD Million), 2018-2022
17. Latin America Military Laser Designator Market Forecast: Breakup by Country (USD Million), 2023-2028
18. Middle East and Africa Military Laser Designator Historical Market: Breakup by Country (USD Million), 2018-2022
19. Middle East and Africa Military Laser Designator Market Forecast: Breakup by Country (USD Million), 2023-2028
20. Global Military Laser Designator Market Structure
The military laser designator market forecast indicates a promising growth of a CAGR of 5.70% in the upcoming years.
The major market drivers include increasing efforts of various countries around the world towards military modernisation, rising border disputes, increasing geopolitical tensions, and growing importance of high precision targeting.
The key trends fuelling the growth of the market include adoption and development of novel technologies, increasing compatibility of military laser designators with various equipment, and rising use in internal security.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The primary standards of military laser designators are eye safe and non-eyesafe.
The major types of military laser designators in the market are ground-based and air-borne.
The significant end uses of military laser designators are military and defence and internal security.
The key players in the military laser designator market, according to the report, are BAE Systems plc, Alpha Design Technologies Pvt Ltd, Elbit Systems Ltd, Lockheed Martin Corporation, General Atomics, L3Harris Technologies, Inc, Northrop Grumman Corporation, Teledyne Flir LLC, Safran Group, and Thales Group, among others.
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