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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 />

6123<br />

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ABOUT US<br />

MARKET RESEARCH FUTURE<br />

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report<br />

(CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting<br />

Services.<br />

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research<br />

studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments,<br />

enable our clients to see more, know more, and do more, which help to answer all their most important questions.<br />

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and<br />

industrial visits for its research analyst members.<br />

For more information kindly visit www.marketresearchfuture.com or contact us at info@marketresearchfuture.com<br />

Copyright © 2018 Market Research Future<br />

All Rights Reserved. This document contains highly confidential information and is the sole property of Market Research Future. No part of it may be<br />

circulated, copied, quoted, or otherwise reproduced without the written approval of Market Research Future.<br />

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THANK YOU<br />

MARKET RESEARCH<br />

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FUTURE<br />

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