Laser Designator Market Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2022 to 2028

The market for laser designator is expected to grow at a CAGR of 4% during the forecast period and reach a value of 2028 billion US$4. The laser designator is lightweight and emits a very narrow band of infrared light. They provide an accurate specification of the target point. The laser indicator specifies the target of the Laser Spot Tracker (LSTs) and laser-guided weapons (LGWS). According to a paper published by the Federation of American Scientists, LGWS can effectively engage a wider range of targets, including moving targets. The laser-designated devices can be used for 3D vision control (3D), positioning or level control and three-color displays. 1. One of these advanced laser designation systems is JETS (joint effects targeting system), manufactured by Leonardo DRS in accordance with a 5-year contract with the US Army.

 

Company Profile

• Elbit Systems
• FLIR Systems
• General Atomics
• Gooch & Housego
• L3 Technologies
• Leonardo
• Northrop Grumman

 

Market Segmentation

By Product

• Vehicle-mounted
• Man-portable

By Geographical Landscapes

• North America
• APAC
• Europe
• MEA

 

Scope of the Report

The research study analyzes the Laser Designator Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

 

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

 

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

 

Key Questions Answered by Laser Designator Market Report

 

1. What was the Laser Designator Market size in 2020 and 2021; what are the estimated growth trends and market forecast (2022-2028).
2. What will be the CAGR of Laser Designator Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Laser Designator Market was the market leader in 2021?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.