Military Fire Control System
Military fire control system
Military fire control system
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<strong>Military</strong> <strong>Fire</strong> <strong>Control</strong> Market Research Report<br />
By Forecast To 2023<br />
Industry Survey, Growth, Competitive Landscape<br />
and Forecasts to 2023<br />
PREPARED BY<br />
Market Research Future<br />
(Part of Wantstats Research & Media Pvt. Ltd.)
<strong>Military</strong> <strong>Fire</strong> <strong>Control</strong> Market Research Report - Forecast to 2023<br />
Global <strong>Military</strong> <strong>Fire</strong> <strong>Control</strong> <strong>System</strong> Market Report Information by Application (Naval, Ground-Based,<br />
Airborne), Platform (Weapon mounted, Vehicle mounted) by Component (Gun director, Computing<br />
Devices/Displays, Sensor, Others), & by Region-Forecast Till 2023<br />
<strong>Military</strong> fire control systems are integrated or attached to weapons, aircraft, vehicles, and naval fleets. They help in precise<br />
aiming, detecting, tracking, and striking a target, along with improving the efficiency of military operations. A military fire<br />
control system consists of a number of components, including control, command, communications, computers, and<br />
intelligence (C4I); electro-optical/infrared sensors; gun data computer; and overall positioning system. These systems are<br />
designed to assist a weapon system in striking its target.<br />
Based on application, the military fire control system is segmented into naval, ground-based, and airborne. The naval<br />
segment is anticipated to dominate the market during the forecast period. Increase in the number of terror attacks through<br />
sea is impelling the naval segment to enhance their combat system. This, in turn, will drive the naval segment of military fire<br />
control systems market during the forecast period.<br />
Increase in the demand for automated fire the development of consolidated fire control systems is one of the major trends<br />
that will gain importance in the military fire control systems market during the next few years. Major companies are<br />
focusing on the improvement of the accuracy of combat weapons and trying to minimize the aiming time of the system.<br />
Moreover, major companies are increasingly focusing on developing weapons that are integrated with fire control systems.<br />
The usage of fire control systems will assist soldiers to improve the effectiveness of military operations by improving the<br />
shooting skills of soldiers. The U.S. Army had tested the automated Ballistically Optimized Sniper Scope (BOSS), which is a<br />
rifle-mounted fire control system for military sniper weapons and is expected to include these systems to the armed troops<br />
by 2020. Therefore, the increasing demand for automated fire control systems and ongoing military modernization<br />
programs worldwide are the major drivers of the military fire control systems market during the forecast period. The<br />
increase in the implementation of automated technology in the fire control system by companies will contribute to the<br />
growth in military fire control system market.<br />
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<strong>Military</strong> <strong>Fire</strong> <strong>Control</strong> Market Research Report - Forecast to 2023<br />
North America is estimated to witness a higher growth owing to a rise in demand for the procurement and development of<br />
advanced weapon systems to support military missions and operations across several locations in the region. Europe is<br />
anticipated to grow at a moderate rate during the forecast period. The U.K and Germany are the leading markets for the<br />
military fire control systems in Europe. Increase in the use of automation system in fire control systems is one of the major<br />
factors fueling the demand for military fire control systems in Europe. In Asia Pacific, China, India, and Indonesia are<br />
expected to be the leading market for military fire control system. Border disputes and geopolitical issues are some of the<br />
major factors fueling the demand for the military fire control systems market in China and India. Latin America and the<br />
Middle East & Africa are estimated to grow at a strong rate during the forecast period. Increase in the terrorist activities and<br />
increasing military missions and operations are the major factor driving the demand of the military fire control systems<br />
market in the Middle East and Africa.<br />
Recently, Lockheed Martin has introduced the Paragon Direct Attack Munition. This all-weather dual-mode precision-guided<br />
bomb kit is guided by the GPS or Inertial Navigation <strong>System</strong> (INS) and semi-active laser homing systems and can be fired<br />
against both stationary and mobile targets. In May 2018, the U.S. Navy started its first flight III destroyer. The development<br />
of this destroyer is on a first-of-its-kind new surface warfare destroyer armed with better-quality weapons. Moreover, it will<br />
consist of advanced sensors and new radar 35-times more sensitive than present systems. The Paragon Direct Attack<br />
Munition and flight III destroyer is integrated with fire control system. Consequently, this will boost the military fire control<br />
system market in the forecast period. Therefore, the military fire control system display market is estimated to witness a<br />
CAGR of more than 5% during the forecast period from 2018 to 2023.<br />
The report for Global <strong>Military</strong> <strong>Fire</strong> <strong>Control</strong> <strong>System</strong> Market by Market Research Future covers extensive primary research.<br />
This is accompanied with a detailed analysis of qualitative and quantitative aspects by various industry experts and key<br />
opinion leaders to gain deeper insights into the market and industry performance. The report gives a clear picture of the<br />
current market scenario, which includes the historical and forecasted market size, in terms of value and volume,<br />
technological advancement, macroeconomic, and governing factors of the market. The report provides comprehensive<br />
information about the strategies of the top companies in the industry, along with a broad study of the different market<br />
segments and regions<br />
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<strong>Military</strong> <strong>Fire</strong> <strong>Control</strong> Market Research Report - Forecast to 2023<br />
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<strong>Military</strong> <strong>Fire</strong> <strong>Control</strong> Market Research Report - Forecast to 2023<br />
Key Players<br />
The key players in military fire control system display market are Elbit <strong>System</strong>s (Israel), BAE <strong>System</strong>s (U.K), Lockheed Martin<br />
Corporation (U.S.), General Dynamics Corporation (U.S.), Safran (France), Rheinmetall AG (Germany), Bharat Electronics<br />
Limited (India), Saab AB (Sweden), Leonardo S.p.A (Italy), and Ultra Electronics Group (U.K)<br />
Browse Report @ https://www.marketresearchfuture.com/reports/military-fire-control-system-market-<br />
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