What is airborne optronics?

Airborne optronics, in the context of aviation and aerospace, refer to optical and electro-optical systems and technologies used on aircraft. These systems utilize light and electro-optical sensors to perform various functions such as surveillance, targeting, navigation, and reconnaissance. Airborne optronics play a critical role in enhancing situational awareness, improving targeting accuracy, and enabling visual data collection in both military and civilian aircraft.

How big is Airborne Optronics Market?

The Global Airborne Optronics Market is anticipated to be USD 6.2 billion by 2033 . It is estimated to record a steady CAGR of 12.5% in the Forecast period 2024 to 2033. It is likely to total USD 1.9 billion in 2023.

What factors are driving the growth of the airborne optronics market?

The growth of the market can be attributed to increasing defense budgets, rising demand for unmanned aerial vehicles (UAVs), and the need for advanced surveillance and targeting systems.

Which regions are witnessing significant growth in the airborne optronics market?

Regions with high military expenditures, such as North America and Europe, are experiencing substantial growth due to the demand for advanced optronic systems.

What are the anticipated trends in the airborne optronics market in the coming years?

Anticipated trends include the integration of artificial intelligence (AI) for enhanced target recognition, miniaturization of optronic systems, and increased use of multi-sensor configurations.

Global Airborne Optronics Market By System Type (Imaging Systems, Non-Imaging Systems), By Technology (Multispectral, Hyperspectral), By Application (Military, Commercial, Civil, Other Applications), By Platform (Fixed-Wing Aircraft, Rotary-Wing Aircraft, Unmanned Aerial Vehicles (UAVs)),End-Use (OEM, Aftermarket), By Region, and Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2024-2033

Published date: Nov. 2023
Report ID: 74423
Number of Pages: 246
Format:

- Northrop- Grumman Corporation
- Thales SA
- Flir Systems Inc.
- Safran
- Elbit Systems Ltd.
- Lockheed Martin Corporation
- Leonardo Spa
- L3Harris Technologies Inc.
- Hensoldt AG
- Collins Aerospace
- Israel Aerospace Industries
- Rafael Advanced Defense Systems Ltd.
- Kappa Optronics GmbH
- Stark Aerospace Inc.
- Other Key Players

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