PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1527297
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1527297
Global Airborne Optronics Market Size study, by System, by Technology, by Application, by Aircraft Type, by End Use, and Regional Forecasts 2022-2032
The Global Airborne Optronics Market was valued at approximately USD 1.69 billion in 2023 and is projected to experience substantial growth, at compound annual growth rate (CAGR) of 12.4% during the forecast period of 2024 to 2032. Airborne optronics integrates optical and electronic systems to enhance airborne surveillance, navigation, and targeting capabilities. Essential in military helicopters, aircraft, satellites, and drones, it provides advanced functionalities such as surveillance, reconnaissance, target acquisition, aerial imaging, and navigation. Utilizing a combination of electronics and optics, these systems leverage light, imaging sensors, and other electro-optical devices for various applications. Airborne optronics plays a crucial role in improving situational awareness, intelligence gathering, and operational effectiveness in both military and commercial applications, making it indispensable in modern aerospace technology.
The Airborne Optronics Market has witnessed substantial growth due to increasing demand for advanced situational awareness, intelligence, surveillance, and reconnaissance (ISR) capabilities. This technology includes a wide range of electro-optical and infrared (EO/IR) systems, laser systems, and associated technologies integrated into various aerospace platforms, including aircraft, UAVs, and satellites. The need for upgrades and maintenance services for existing optronics systems has driven notable demand for aftermarket solutions. However, the high costs associated with the development and complex installation and maintenance of this equipment pose significant barriers to market growth.
The key regions considered for the Global Airborne Optronics Market study include Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominates the Airborne Optronics Market, driven by steady defense spending and the introduction of new platforms across the U.S. and Canada. The region hosts major players in the defense and aerospace industries, fostering innovation and competitiveness. Companies collaborate with the U.S. Air Force to integrate modern optronics in UAVs, further boosting market growth. For instance, the MS-177 sensor enhances the Global Hawk's ISR mission capabilities, addressing battlefield challenges and achieving superiority.
Major market players included in this report are:
- Northrop Grumman Corporation
- Thales SA
- Safran SA
- Teledyne FLIR LLC
- Elbit Systems Ltd.
- Leonardo S.P.A.
- Lockheed Martin Corporation
- Hensoldt AG
- Collins Aerospace
- L3Harris Technologies, Inc.
- Rafael Advanced Defense Systems Ltd.
- Israel Aerospace Industries (IAI)
- HGH
- Sensor solutions provider Hensoldt AG
- Brazilian company AEROMOT
The detailed segments and sub-segment of the market are explained below:
By System:
- Reconnaissance System
- Targeting System
- Search and Track System
- Surveillance System
- Warning/Detection System
- Countermeasure System
- Navigation and Guidance System
- Special Mission System
By Technology:
- Multispectral
- Hyperspectral
By Application:
- Commercial
- Military
- Space
By Aircraft Type:
- Fixed Wing
- Rotary Wing
- Urban Air Mobility
- Unmanned Aerial Vehicles
By End Use:
- OEM
- Aftermarket
By Region:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Saudi Arabia
- South Africa
- RoMEA
Years considered for the study are as follows:
- Historical year - 2022
- Base year - 2023
- Forecast period - 2024 to 2032
Key Takeaways:
- Market Estimates & Forecast for 10 years from 2022 to 2032.
- Annualized revenues and regional level analysis for each market segment.
- Detailed analysis of geographical landscape with Country level analysis of major regions.
- Competitive landscape with information on major players in the market.
- Analysis of key business strategies and recommendations on future market approach.
- Analysis of competitive structure of the market.
- Demand side and supply side analysis of the market.
Table of Contents
Chapter 1. Global Airborne Optronics Market Executive Summary
- 1.1. Global Airborne Optronics Market Size & Forecast (2022- 2032)
- 1.2. Regional Summary
- 1.3. Segmental Summary
- 1.3.1. By System
- 1.3.2. By Technology
- 1.3.3. By Application
- 1.3.4. By Aircraft Type
- 1.3.5. By End Use
- 1.4. Key Trends
- 1.5. Recession Impact
- 1.6. Analyst Recommendation & Conclusion
Chapter 2. Global Airborne Optronics Market Definition and Research Assumptions
- 2.1. Research Objective
- 2.2. Market Definition
- 2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
- 2.3.3.1. Availability
- 2.3.3.2. Infrastructure
- 2.3.3.3. Regulatory Environment
- 2.3.3.4. Market Competition
- 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
- 2.3.4.1. Regulatory frameworks
- 2.3.4.2. Technological Advancements
- 2.3.4.3. Environmental Considerations
- 2.3.4.4. Consumer Awareness & Acceptance
- 2.4. Estimation Methodology
- 2.5. Years Considered for the Study
- 2.6. Currency Conversion Rates
Chapter 3. Global Airborne Optronics Market Dynamics
- 3.1. Market Drivers
- 3.1.1. Surge in Adoption of Unmanned Aerial Vehicles (UAVs)
- 3.1.2. Increased Focus on Intelligence, Surveillance, and Reconnaissance (ISR)
- 3.1.3. Surge in Defense Budgets and Spending Globally
- 3.2. Market Challenges
- 3.2.1. Complex Installation and Maintenance of The Equipment
- 3.2.2. High Costs Associated with the Development
- 3.3. Market Opportunities
- 3.3.1. Integration of Artificial Intelligence (AI) and Machine Learning
- 3.3.2. Development of Multispectral and Hyperspectral Sensors
Chapter 4. Global Airborne Optronics Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
- 4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
- 4.3. Top investment opportunity
- 4.4. Top winning strategies
- 4.5. Disruptive Trends
- 4.6. Industry Expert Perspective
- 4.7. Analyst Recommendation & Conclusion
Chapter 5. Global Airborne Optronics Market Size & Forecasts by System 2022-2032
- 5.1. Segment Dashboard
- 5.2. Global Airborne Optronics Market: System Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 5.2.1. Reconnaissance System
- 5.2.2. Targeting System
- 5.2.3. Search and Track System
- 5.2.4. Surveillance System
- 5.2.5. Warning/Detection System
- 5.2.6. Countermeasure System
- 5.2.7. Navigation and Guidance System
- 5.2.8. Special Mission System
Chapter 6. Global Airborne Optronics Market Size & Forecasts by Technology 2022-2032
- 6.1. Segment Dashboard
- 6.2. Global Airborne Optronics Market: Technology Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 6.2.1. Multispectral
- 6.2.2. Hyperspectral
Chapter 7. Global Airborne Optronics Market Size & Forecasts by Application 2022-2032
- 7.1. Segment Dashboard
- 7.2. Global Airborne Optronics Market: Application Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 7.2.1. Commercial
- 7.2.2. Military
- 7.2.3. Space
Chapter 8. Global Airborne Optronics Market Size & Forecasts by Aircraft Type 2022-2032
- 8.1. Segment Dashboard
- 8.2. Global Airborne Optronics Market: Aircraft Type Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 8.2.1. Fixed Wing
- 8.2.2. Rotary Wing
- 8.2.3. Urban Air Mobility
- 8.2.4. Unmanned Aerial Vehicles
Chapter 9. Global Airborne Optronics Market Size & Forecasts by End Use 2022-2032
- 9.1. Segment Dashboard
- 9.2. Global Airborne Optronics Market: End Use Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 9.2.1. OEM
- 9.2.2. Aftermarket
Chapter 10. Global Airborne Optronics Market Size & Forecasts by Region 2022-2032
- 10.1. North America Airborne Optronics Market
- 10.1.1. U.S. Airborne Optronics Market
- 10.1.1.1. System breakdown size & forecasts, 2022-2032
- 10.1.1.2. Technology breakdown size & forecasts, 2022-2032
- 10.1.1.3. Application breakdown size & forecasts, 2022-2032
- 10.1.1.4. Aircraft Type breakdown size & forecasts, 2022-2032
- 10.1.1.5. End Use breakdown size & forecasts, 2022-2032
- 10.1.2. Canada Airborne Optronics Market
- 10.1.2.1. System breakdown size & forecasts, 2022-2032
- 10.1.2.2. Technology breakdown size & forecasts, 2022-2032
- 10.1.2.3. Application breakdown size & forecasts, 2022-2032
- 10.1.2.4. Aircraft Type breakdown size & forecasts, 2022-2032
- 10.1.2.5. End Use breakdown size & forecasts, 2022-2032
- 10.1.1. U.S. Airborne Optronics Market
- 10.2. Europe Airborne Optronics Market
- 10.2.1. UK Airborne Optronics Market
- 10.2.2. Germany Airborne Optronics Market
- 10.2.3. France Airborne Optronics Market
- 10.2.4. Italy Airborne Optronics Market
- 10.2.5 Spain Airborne Optronics Market
- 10.2.5. Rest of Europe Airborne Optronics Market
- 10.3. Asia-Pacific Airborne Optronics Market
- 10.3.1. China Airborne Optronics Market
- 10.3.2. India Airborne Optronics Market
- 10.3.3. Japan Airborne Optronics Market
- 10.3.4 Australia Airborne Optronics Market
- 10.3.5. South Korea Airborne Optronics Market
- 10.3.6. Rest of Asia Pacific Airborne Optronics Market
- 10.4. Latin America Airborne Optronics Market
- 10.4.1. Brazil Airborne Optronics Market
- 10.4.2. Mexico Airborne Optronics Market
- 10.4.3. Rest of Latin America Airborne Optronics Market
- 10.5. Middle East & Africa Airborne Optronics Market
- 10.5.1. Saudi Arabia Airborne Optronics Market
- 10.5.2. South Africa Airborne Optronics Market
- 10.5.3. Rest of Middle East & Africa Airborne Optronics Market
Chapter 11. Competitive Intelligence
- 11.1. Key Company SWOT Analysis
- 11.2. Top Market Strategies
- 11.3. Company Profiles
- 11.3.1. Northrop Grumman Corporation
- 11.3.1.1. Key Information
- 11.3.1.2. Overview
- 11.3.1.3. Financial (Subject to Data Availability)
- 11.3.1.4. Product Summary
- 11.3.1.5. Market Strategies
- 11.3.2. Thales SA
- 11.3.3. Safran SA
- 11.3.4. Teledyne FLIR LLC
- 11.3.5. Elbit Systems Ltd.
- 11.3.6. Leonardo S.P.A.
- 11.3.7. Lockheed Martin Corporation
- 11.3.8. Hensoldt AG
- 11.3.9. Collins Aerospace
- 11.3.10. L3Harris Technologies, Inc.
- 11.3.11. Rafael Advanced Defense Systems Ltd.
- 11.3.12. Israel Aerospace Industries (IAI)
- 11.3.13. HGH
- 11.3.14. Sensor solutions provider Hensoldt AG
- 11.3.15. Brazilian company AEROMOT
- 11.3.1. Northrop Grumman Corporation
Chapter 12. Research Process
- 12.1. Research Process
- 12.1.1. Data Mining
- 12.1.2. Analysis
- 12.1.3. Market Estimation
- 12.1.4. Validation
- 12.1.5. Publishing
- 12.2. Research Attributes
