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Global Target Acquisition Systems Market to reach USD 18.21 billion by 2027.

Global Target Acquisition Systems Market Size study, by Sub-systems (cameras, scopes & sights, detecting & locating systems, modules, others) End-use (military, homeland security) Platform (land, airborne, naval) range (short range, medium range, long range) and Regional Forecasts 2021-2027

Product Code: SSAD-93153403
Publish Date: 15-08-2021
Page: 200

Global Target Acquisition Systems Market is valued approximately USD 12.55 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 5.46 % over the forecast period 2021-2027. Target acquisition systems are multi-purpose weapon systems used to identify, locate, and detect targets in order to deploy deadly and non-lethal weapons effectively. A target is a collection of mobile and stationary units, troops, equipment, capabilities, facilities, people, and activities that an enemy commander can utilize to execute operations. Target acquisition, as opposed to surveillance on one and target tracking, is the process by which a weapon system decides which object to latch on to. Because of their growing usage in intelligence, surveillance, and reconnaissance (ISR) missions, talent acquisition systems are in great demand. The missile and bomb guiding mechanisms, as well as battlefield management systems, work in tandem with target acquisition systems. Advances in automatic weapons, increased defence spending by nations, increased demand for artillery systems by armed forces, and continuous military modernization initiatives throughout the world are all expected to propel the target acquisition systems market forward. The high operational cost of target acquisition systems, on the other hand, may limit the worldwide target acquisition systems market’s growth. Increasing investment in research and development (R&D) for the development of technologically sophisticated systems for defence applications is the future opportunity. For instance, in November 2018, an Asia-Pacific country awarded Israel aerospace industry a contract for 550 million dollars for the provision of its sophisticated Sky Capture air-defense system. As a result, future improvements in automatic weaponry will continue to boost the market for talent acquisition.

The main regions of Asia Pacific, North America, Europe, Latin America, and the Rest of the World are included in the geographical analysis of the worldwide Target Acquisition Systems market. Due to increased defence spending by India and China, as well as the growth of military capabilities, Asia Pacific is anticipated to expand at the fastest CAGR throughout the forecast period. Other factors predicted to boost the growth of the target acquisition systems market in Asia Pacific include a strong local manufacturing base and the rising usage of automatic weapons on combat vehicles and naval platforms.

Major market player included in this report are:
Rheinmetall
BAE Systems
Israel Aerospace Industries
Aselsan A.S.
Elbit Systems
Hensoldt
Leonardo
Raytheon Company
Thales
Wuhan Joho Technology Co. Ltd.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Sub-system:
Cameras
Scopes & Sights
Detecting & Locating Systems
Modules
Others
Add-on Systems
By Platform:
Land
Airborne
Naval
By End-use:
Military
Homeland Security
By Range:
Short range (0-8 km)
Medium range (8-250 km)
Large range (above 250 km)
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 the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027

Target Audience of the Global Target Acquisition Systems Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
1.2.1. Target Acquisition Systems Market, by Region, 2019-2027 (USD Billion)
1.2.2. Target Acquisition Systems Market, by Sub-system, 2019-2027 (USD Billion)
1.2.3. Target Acquisition Systems Market, by End-use, 2019-2027 (USD Billion)
1.2.4. Target Acquisition Systems Market, by Platform, 2019-2027 (USD Billion)
1.2.5. Target Acquisition Systems Market, by Range, 2019-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Target Acquisition Systems Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Target Acquisition Systems Market Dynamics
3.1. Target Acquisition Systems Market Impact Analysis (2019-2027)
3.1.1. Market Drivers
3.1.1.1. Developments in automatic weapon systems
3.1.1.2. Rising defense expenditure of countries
3.1.2. Market Challenges
3.1.2.1. Regulatory challenges for business in global market
3.1.3. Market Opportunities
3.1.3.1. Rising research & development investments for technological advancements
Chapter 4. Global Target Acquisition Systems 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 (2018-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Target Acquisition Systems Market, by Sub-system
5.1. Market Snapshot
5.2. Global Target Acquisition Systems Market by Sub-system, Performance – Potential Analysis
5.3. Global Target Acquisition Systems Market Estimates & Forecasts by Sub-system 2018-2027 (USD Billion)
5.4. Target Acquisition Systems Market, Sub Segment Analysis
5.4.1. Cameras
5.4.2. Scopes & sights
5.4.3. Detecting & locating systems
5.4.4. Modules
5.4.5. Others
Chapter 6. Global Target Acquisition Systems Market, by End-use
6.1. Market Snapshot
6.2. Global Target Acquisition Systems Market by End-use, Performance – Potential Analysis
6.3. Global Target Acquisition Systems Market Estimates & Forecasts by End-use 2018-2027 (USD Billion)
6.4. Target Acquisition Systems Market, Sub Segment Analysis
6.4.1. Military
6.4.2. Homeland security
Chapter 7. Global Target Acquisition Systems Market, by Platform:
7.1. Market Snapshot
7.2. Global Target Acquisition Systems Market by Platform, Performance – Potential Analysis
7.3. Global Target Acquisition Systems Market Estimates & Forecasts by Platform 2018-2027 (USD Billion)
7.4. Target Acquisition Systems Market, Sub Segment Analysis
7.4.1. Land
7.4.2. Airborne
7.4.3. Naval
Chapter 8. Global Target Acquisition Systems Market, by Range:
8.1. Market Snapshot
8.2. Global Target Acquisition Systems Market by Range, Performance – Potential Analysis
8.3. Global Target Acquisition Systems Market Estimates & Forecasts by Range 2018-2027 (USD Billion)
8.4. Target Acquisition Systems Market, Sub Segment Analysis
8.4.1. Short range (0-8km)
8.4.2. Medium range (8-250 km)
8.4.3. Long range (above 250km)
Chapter 9. Global Target Acquisition Systems Market, Regional Analysis
9.1. Target Acquisition Systems Market, Regional Market Snapshot
9.2. North America Target Acquisition Systems Market
9.2.1. U.S. Target Acquisition Systems Market
9.2.1.1. Sub-system breakdown estimates & forecasts, 2018-2027
9.2.1.2. End-use breakdown estimates & forecasts, 2018-2027
9.2.1.3. Platform breakdown estimates & forecasts, 2018-2027
9.2.1.4. Range breakdown estimates & forecasts, 2018-2027
9.2.2. Canada Target Acquisition Systems Market
9.3. Europe Target Acquisition Systems Market Snapshot
9.3.1. U.K. Target Acquisition Systems Market
9.3.2. Germany Target Acquisition Systems Market
9.3.3. France Target Acquisition Systems Market
9.3.4. Spain Target Acquisition Systems Market
9.3.5. Italy Target Acquisition Systems Market
9.3.6. Rest of Europe Target Acquisition Systems Market
9.4. Asia-Pacific Target Acquisition Systems Market Snapshot
9.4.1. China Target Acquisition Systems Market
9.4.2. India Target Acquisition Systems Market
9.4.3. Japan Target Acquisition Systems Market
9.4.4. Australia Target Acquisition Systems Market
9.4.5. South Korea Target Acquisition Systems Market
9.4.6. Rest of Asia Pacific Target Acquisition Systems Market
9.5. Latin America Target Acquisition Systems Market Snapshot
9.5.1. Brazil Target Acquisition Systems Market
9.5.2. Mexico Target Acquisition Systems Market
9.6. Rest of The World Target Acquisition Systems Market

Chapter 10. Competitive Intelligence
10.1. Top Market Strategies
10.2. Company Profiles
10.2.1. Rheinmetall
10.2.1.1. Key Information
10.2.1.2. Overview
10.2.1.3. Financial (Subject to Data Availability)
10.2.1.4. End-use Summary
10.2.1.5. Recent Developments
10.2.2. BAE System
10.2.3. Israel Aerospace Industries
10.2.4. Aselsan A.S.
10.2.5. Elbit Systems
10.2.6. Hensoldt
10.2.7. Leonardo
10.2.8. Raytheon Company
10.2.9. Thales
10.2.10. Wuhan Joho Technology Co. Ltd.
Chapter 11. Research Process
11.1. Research Process
11.1.1. Data Mining
11.1.2. Analysis
11.1.3. Market Estimation
11.1.4. Validation
11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

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