Pune, India -- (SBWIRE) -- 11/06/2018 -- Military Imaging System Market Scenario

The military imaging system is a technique that can capture high-resolution 3-D images from longer distances than conventional optical systems. It is used to improve the visibility and enhance the clarity of objects, even in dark environmental conditions, with the help of infrared light. Moreover, increasing the use of these systems for border patrolling and security and the introduction of high definition imaging technologies would significantly drive the market. The emergence of a variety of radar, optronic, and IR sensors to guide gunfire is expected to improve the effectiveness and accuracy of gunfire. However, there are some shortcomings in the operating performance of the military imaging systems, such as their efficiency during extreme weather conditions, difficulty in the manufacturing of high-resolution cameras, and the increased usage of smokescreen technologies.

In the early 60s, the emergence of real-time imaging technology started becoming prominent. The imaging system is capable of scanning broad areas and are a good choice to use aboard aircraft or in satellite devices. Some of the greatest advances in imaging systems have occurred in defense systems. One such advanced technology used in military imaging system is forward looking infrared or FLIR technology, which originated as a sensor system for fighter aircraft.

Get Sample Report with Complete TOC @ https://www.marketresearchfuture.com/sample_request/3888

The factors responsible for the growth of the military imaging system market are the increase in the use of selective catalytic reduction technology, stringent government regulations for the use of diesel exhaust fluid, and increase in production of vehicles. The significant technological development in the military imaging system market has resulted in reduced operational and capital costs. For instance, Teledyne Scientific & Imaging LLC signed a contract with French Space Agency to provide infrared detectors and electronics for the European Space Agency (ESA) JUICE mission to Jupiter. Similarly, L3 Technologies signed a contract worth USD150 million to provide night vision equipment with next-generation accuracy, including L3's binocular night vision goggles, holographic weapon sights, light weapon thermal sights, and advanced target pointer illuminator aiming lasers.

Furthermore, one of the main uses of the military imaging system is in the aviation industry to locate and identify a target. Military imaging system, combined with radar sensors, is a component of an airborne monitoring system for locating an active runway as well as nearby ground traffic when normal visibility is reduced by meteorological conditions or darkness. For instance, Raytheon signed a contract with the U.S. Navy to conduct a Shared Reconnaissance Pod (SHARP) target cueing system program. The enhanced capability will significantly increase the effectiveness of the SHARP system and reduce the workload of image analysts. With the target cueing system upgrade, the tactical imaging system would deliver more information to the image analyst.

Key Players

The key players in the global military imaging system market are:

- FLIR Systems Inc. (U.S.)
- Teledyne Technologies Inc. (U.S.)
- L3 Technologies Inc. (U.S.)
- Lockheed Martin Corporation (U.S.)
- Thales Group (France)
- BAE Systems (U.S.)
- Raytheon Company (U.S.)
- Harris Corporation (U.S.)
- General Dynamics Mission Systems Inc (U.S.)
- Leonardo DRS (U.S.)

Global Military Imaging System Market, By Segmentation

The military imaging system market is segmented based on type, technology, application, platform, and region. On the basis of type, thermal imaging is widely used and comprises the largest market share due to day-night working capability and ability to perform in all weather conditions. On the basis of platform, man-portable military imaging systems are expected to witness the highest CAGR during the forecast period. For instance, UTC Aerospace Systems acquired N2 Imaging Systems LLC to support the development of new, cost-effective man-portable imaging systems for military and commercial users. On the basis of technology, cooled imaging systems are expected to witness the highest CAGR during the forecast period due to best image quality, minute temperature differences, high-speed applications, and improved sensitivity of cooled thermal cameras. Among applications, the security and surveillance segment is expected to witness the highest CAGR during the forecast period.

The market is segmented based on region into North America, Asia Pacific, Europe, the Middle East & Africa, and South America. The North American region is expected to dominate the market due to increasing terrorist threats in the U.S. and Canada. Europe is second to the North America military imaging system market due to rise in demand for advanced tactical communication systems. Asia Pacific is the fastest growing region in military imaging system market due to increasing demand from countries such as China, India, South Korea, and Japan. Thus, the global military imaging system market is estimated to witness an approximately 9% CAGR from 2017 to 2023.

Scope of Report

The report for Global Military Imaging System Market of Market Research Future comprises extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macroeconomic and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

Early Diners Are Offered Free Customization- Up to 20%
Get Attractive Discount @ https://www.marketresearchfuture.com/check-discount/3888

Table of Contents

1 Executive Summary

2 Scope of the Report
2.1 Market Definition
2.2 Scope of the Study
2.2.1 Definition
2.2.2 Research Objective
2.2.3 Assumptions
2.2.4 Limitations
2.3 Research Process
2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model

3 Market Landscape
3.1 Porter's Five Forces Analysis
3.1.1 Threat of New Entrants
3.1.2 Bargaining Power of Buyers
3.1.3 Threat of Substitutes
3.1.4 Segment Rivalry
3.1.5 Bargaining Power of Buyers
3.2 Value Chain/supply Chain Analysis

4 Market Dynamics
4.1 Introduction
4.2 Market Drivers
4.3 Market Restraints
4.4 Market Opportunities
4.5 Market Trends

Continued......

List of Tables

Table 1 Global Military Imaging System Market: by Region, 2018-2023
Table 2 North America Military Imaging System Market: by Country, 2018-2023
Table 3 Europe Military Imaging System Market: by Country, 2018-2023
Table 4 Asia Pacific Military Imaging System Market: by Country, 2018-2023
Table 6 Middle East & Africa Military Imaging System Market: by Country, 2018-2023
Table 7 South America Military Imaging System Market: by Country, 2018-2023
Table 8 Global Military Imaging System Market, by Type, by Regions, 2018-2023
Table 9 North America Military Imaging System Market, by Type, by Country, 2018-2023

Continued......

Ask for your specific company profile and country level customization on reports.

Get More Information on Military Imaging System Market Research Report – Global Forecast to 2023 @ https://www.marketresearchfuture.com/reports/military-imaging-system-market-3888

About Market Research Future
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Edibles.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.