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“Target Acquisition Systems market set to grow to $15,320mn by 2030” says new Visiongain report

06 May 2020
Defence

Visiongain has launched a new report Target Acquisition Systems Market Report 2020-2030: Forecasts by Platform (Land, Naval and Airborne), by End-Use (Military and Homeland Security), by Range (Short-Range, Medium-Range and Long-Range), Covering Technologies (Big Data Analytics, Artificial Intelligence, Trajectory Correction Systems, Electro-Optical Laser Target Locator, Squad Binocular Night Vision Goggles, Aided and Automatic Target Acquisition Systems).

The Target Acquisition Systems Market Report 2020-2030 evaluates the current amount of expenditure on target acquisition systems by the governments worldwide. The demand for technologically advanced target acquisition systems is increasing at a substantial rate. In addition, the major target acquisition system contracts will have a major effect on the size of the United States, Chinese, and Indian markets.

The Visiongain report analyst commented "Technological advancements in automatic weapons, rise in military expenditures especially of major economies, ongoing military modernization programs worldwide, growing need for artillery systems by defence forces and increasing adoption rate of Tas-supported equipment by defence forces are some of the key factors which will positively impact the market. The global target acquisition systems market will grow at a substantial rate during the forecast period."

Leading companies featured in the report include Lockheed Martin Corporation, Raytheon Company, Safran, Rheinmetall AG, Hensoldt, Elbit Systems Limited, BAE Systems PLC., Aselsan A.S., Isreal Aerospace Industries, Rheinmetall AG and Thales.

Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to sara.peerun@visiongain.com or call her on +44 (0) 207 336 6100.

About Visiongain
Visiongain is one of the fastest growing and most innovative independent media companies in Europe. Based in London, UK, Visiongain produces a host of business-to-business reports focusing on the automotive, aviation, chemicals, cyber, defence, energy, food & drink, materials, packaging, pharmaceutical and utilities sectors.

Visiongain publishes reports produced by analysts who are qualified experts in their field. Visiongain has firmly established itself as the first port of call for the business professional who needs independent, high-quality, original material to rely and depend on.

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