Development of 21st century digital warfare means has changed the outlook on defense. Many countries have been rapidly moving towards upgradation of their current airborne offence & defense systems. This never-ending race between detection and stealth technologies is the major reason for rapid developments within technologies such as drones, and military rangefinders as well as their applications. Military laser rangefinders market is expected to be driven primarily by growing demand for lightweight laser rangefinders and miniature rangefinders. Lightweight rangefinders provide advantages such as faster mobility, and significantly reduced fatigue among troops on account of low weight as well as added built-in functions such as GPS, and data sharing. Miniature rangefinders are also expected to find increased preference in the next few years. Miniature rangefinders not only allow size advantage but also provide with increased accuracy & safety as well as efficient military operations.
Ability to achieve high level of integration and interoperability along with unmanned air vehicles (UAV) is expected to create large opportunities for laser rangefinders. Inception of miniature rangefinders, coupled with the rapid implementation of UAVs for numerous military operations has opened up an entirely new avenue for the laser rangefinder market.
Key Players:
L3 Technologies Inc. (U.S.), Leonardo S.p.A. (Italy), Northrop Grumman Corporation (U.S.), Thales Group (France), Elbit Systems Ltd (Israel), FLIR Systems Inc. (U.S.), Lockheed Martin (U.S.), Saab AB (Sweden), Safran Electronics & Defense (France), and Jenoptik AG (Germany) are some of the major players that have been profiled in this report. These companies majorly drive innovation and advancement within this industry which help shape the outlook for this market.
Industry News
May 2017: FNSS Savunma Sistemleri revealed the first prototype of its Kaplan MT Modern Medium Weight Tank (MMWT) at the IDEF 2017 exhibition. This tank is equipped with a computerized fire-control system (FCS) which incorporates a laser rangefinder for stabilised day/thermal sighting system.
February 2017: Elbit Systems entered into a technical collaboration Bharat Electronics Limited (India), a defense sector public sector company, for joint production and maintenance of Compact Multi-Purpose Advanced Stabilised System (CoMPASS).Bharat Electronics Limited would be supply as well as provide maintenance services to CoMPASS users in India.
February 2017: Northrop Grumman signed a five year-contract worth USD 16.9 million with the US Army. The contract includes provision of maintenance, repair, and sustainment services for the Lightweight Laser Designator Range Finder (LLDR) systems.
Global Military Laser Rangefinder Market – Segmentation
The report includes study as well as of Military Laser Rangefinders market, categorized into segments as described below –
Application Segment – includes analysis of the market broken down into weapon guidance application and detection application
Type Segment – includes analysis of the market broken down into man-portable (carried by soldiers) type and vehicle-mounted type.
Complete Report Details @ https://www.marketresearchfuture.com/reports/military-laser-rangefinder-market-4218
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