The market for laser designator is expected to grow at a CAGR of 4% during the forecast period and reach a value of 2028 billion US$4. The laser designator is lightweight and emits a very narrow band of infrared light. They provide an accurate specification of the target point. The laser indicator specifies the target of the Laser Spot Tracker (LSTs) and laser-guided weapons (LGWS). According to a paper published by the Federation of American Scientists, LGWS can effectively engage a wider range of targets, including moving targets. The laser-designated devices can be used for 3D vision control (3D), positioning or level control and three-color displays. 1. One of these advanced laser designation systems is JETS (joint effects targeting system), manufactured by Leonardo DRS in accordance with a 5-year contract with the US Army.
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Company Profile
- Elbit Systems
- FLIR Systems
- General Atomics
- Gooch & Housego
- L3 Technologies
- Leonardo
- Northrop Grumman
Market Segmentation
By Product
- Vehicle-mounted
- Man-portable
By Geographical Landscapes
- North America
- APAC
- Europe
- MEA
Scope of the Report
The research study analyzes the Laser Designator Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Laser Designator Market Report
- What was the Laser Designator Market size in 2020 and 2021; what are the estimated growth trends and market forecast (2022-2028).
- What will be the CAGR of Laser Designator Market during the forecast period (2022-2028)?
- Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
- Which manufacturer/vendor/players in the Laser Designator Market was the market leader in 2021?
- Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the Laser Designator market.
- The market share of the Laser Designator market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the Laser Designator market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the Laser Designator market.
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