Military Laser Rangefinder Market is estimated to grow at rate more than 5% CAGR by 2023

Global Military Laser Rangefinder Market Information Report by Type (Vehicle Mounted and Man Portable), by Application (Weapon Guidance and Detection) and by Regions – Global Forecast To 2023

Market Research Future Publish a New Report on – “Military Laser Rangefinder Market Research Report – Global Forecast To 2023”

Exclusive Summery About Report:

It is expected that by 2023, North America would be the dominant region in the military laser rangefinder market, primarily due to the presence of major manufacturers in this region. In addition, the increasing military expenses by the US Department of Defense (DOD) on miniature military rangefinders have resulted in the market witnessing a significant surge in demand, in this region.

Moreover, the current military operations and exercises in the Middle Eastern countries will also result in the U.S. focusing on the integration of unmanned aerial vehicles (UAVs) with the laser rangefinder systems, which will further deepen the scope for the market in the North American region and across the globe. Europe is expected to acquire the second largest market due to the high expenses on soldier modernization programs by the countries in this region, such as in the UK, the Netherlands, and France.

Taste the market data and market information presented through more than 40 market data tables and figures spread over 80 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Global Military Laser Rangefinder Systems Market Research Report – Forecast to 2023”.

Military Laser Rangefinder Market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including

  • Elbit Systems,
  • FLIR Systems,
  • General Atomics,
  • Gooch & Housego,
  • L3 Technologies,
  • Leonardo,
  • Northrop Grumman,
  • RPMC Lasers,
  • Thales,
  • UTC Aerospace Systems.

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Global Military Laser Rangefinder Systems Market:

The changing landscape of war in the recent times is one of the major factors driving the military laser rangefinder market, with the evolution of the 21st century digital warfare. The lightweight laser rangefinders enable faster mobility and significantly reduce the chances of fatigue for the armed troops.  These portable devices are carried by the armed forces, Special Forces, and Forward Air Controllers (FAC), and they consist of an optical sight, laser emitter, and range finder. These systems may vary in size but they are usually mounted on tripods to ensure a stable aiming platform. They provide the soldiers with higher adaptability, attack capability, accuracy, and maneuverability, which makes them more lethal.

Market Research Analysis:

Many countries are focusing on upgrade of their airborne defense and offence systems, thus application of drones as laser rangefinders is rapidly gaining momentum. Growing preference for miniature rangefinders will further provide the market with growth prospects, owing to the several advantages of miniature rangefinders which include enhanced accuracy, safety of soldiers, and efficiency in military operations. As a result, the market for military rangefinders is expected to register a growth rate of more than 5%.

Although the military laser rangefinders assist the soldiers to efficiently mark their targets, the health issues associated with these laser systems is one of the major challenges faced by the manufacturers of such systems, the defense authorities, and the market.

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Table of Content

1      Introduction

1.1    Definition

1.2    Scope of Study

1.3    Research Objective

1.4    Assumptions & Limitations

1.5    Market Structure:

2      Research Methodology

2.1    Research Process

2.2    Primary Research

2.3    Secondary Research

3      Market Dynamics

3.1    Drivers

3.2    Restraints

3.3    Opportunities

3.4    Challenges

3.5    Macroeconomic Indicators

4      Market Factor Analysis

4.1    Porter’s five forces model

4.1.1  Bargaining Power of suppliers

4.1.2  Bargaining Power of Customer

4.1.3  Intensity of Competitor’s

4.1.4  Threat of New Entrants

5      Military Laser Rangefinder  Market, By Type

……..Continued

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