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Laser Warning System Market Segmented By Beam Riding Detection, Laser Range Finder, Laser Target Designator Threat Detection Type with 1 and 2 Sensors, 3 and 4 Sensors Type
A laser warning system consists of sensors and a laser warning controller. Laser warning systems are deployed over military aircraft, military tank, and naval vessels to determine the laser range. There are a certain number of sensors required to ensure complete coverage in accordance with the size of the military tank, aircraft, and naval vessel.
In recent times, it is essential for high cost military related vehicles and equipment to install laser warning systems as they are efficient in detecting indirect and direct scattered laser light from laser designators, laser rangefinders, or beam-rider laser aided targeting systems.
At present, laser warning systems equipped with three or four sensors and a controller are widely used in most of the existing applications. This type of laser warning systems cover more than 73% of the market in terms of value. Laser warning systems have been witnessing rapid growth in terms of installation rate, predominantly driven by countries such as the US, the UK, Germany, Russia, China, Japan, South Korea, and France.
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Laser warning systems are used for military and defense related operations to detect laser sources and support secure military assets such as aircraft, ships and tanks. Laser warning systems are commonly deployed over the body of the military equipment and vehicles such as aircraft, helicopters, naval ships and carriers, and main battle tanks.
Soaring deployment of laser warning systems for currently in-use military aircraft and tanks has been driving the growth of the laser warning system market. The laser warning system market is expected to remain a low volume market, majorly influenced by laser threat and attacks. In the future, the global laser warning system market is expected to register steady growth, particularly across countries such as the US and the UK, Germany, France, Russia, Israel, China Japan and South Korea.
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Get a Customized VersionOn the basis of the number of sensors, the laser warning system market has been segmented into 1 and 2 sensors, 3 and 4 sensors, and more than 4 sensors. This research study on the laser warning system market also provides key information pertaining to end-use applications, such as ground force or military, maritime force or navy and air force. In recent years, 3 and 4 sensors type of laser warning systems have been witnessing large-scale deployment.
The global laser warning system market has been valued at around US$ 452 Mn in 2018 and will reportedly expand at a CAGR of 5.8% through 2028, as suggested by PMR’s study.
The global laser warning system market is driven by investments in military expenditure in terms of fighter aircraft, both manned and unmanned. Collaboration activities for the delivery of new technologies among the western players in the global laser warning system market are expected to drive the adoption rate in the future.
In addition, partnerships between government or defense agencies and aircraft manufacturers are expected to further drive the adoption of laser warning systems. The availability of electronic warfare products and further research and development investments by multi-national players are expected to drive the market growth at a steady pace.
On the other hand, geo-political unrest between multiple economies is expected to hold a prominent impact on the market growth during the forecast period. The retrofitting or installation of laser warning systems on currently in-use military aircraft is expected to positively impact the global laser warning system market growth. Asia’s rising military investments for the production of electronic warfare products are expected to support the growth of the laser warning system market during the projected period.
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The key companies reported in this study include ELBIT SYSTEMS LTD, Saab Group, Thales Group, BAE Systems, Leonardo S.p.A., and Collins Aerospace among others. Multinational players are key participants in the global laser warning system market, and they offer laser warning systems for military and defense applications in various regions.
Further, manufacturers of laser warning systems from Israel, Turkey, the UK, France, Italy and the US are exporting laser warning systems to developing countries such as India, Malaysia, and Brazil. In recent times, competition in the global market has led to technological collaborations and is expected to further intensify during the forecast period with the growth of players from Israel, Turkey, China and Japan.
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The report delivers important insights pertaining to the above-mentioned segments in the global laser warning system market. The final part in the market background covers a detailed study of the factors that are expected to have a positive/negative influence on the laser warning system market, such as technological growth, investments and other key insights pertaining to the market.
The following sections comprises the global laser warning system market analysis by number of sensors, threat detection type, end user, and region/country. The overall analysis of the laser warning system market for numerous regions depends on the macroeconomic environment of the particular regions. Each regional section of the report contains qualitative data and quantitative aspects of the global laser warning system market.
In the final section of the report, we have provided a competition analysis with company market share analysis pertaining to the laser warning system and performance of manufactures by tier down structure of global laser warning system market.
In the competition dashboard section of the global laser warning system market, we have provided a dashboard view of major players along with the market share, and their key business strategies. This would enable clients to evaluate strategies deployed by market leaders and help them develop effective strategies consequently.
