Multiple Integrated Laser Engagement Systems (MILES)

Multiple Integrated Laser Engagement Systems (MILES)

Global Multiple Integrated Laser Engagement Systems (MILES) Market to Reach $1.3 Billion by 2027

In the changed post COVID-19 business landscape, the global market for Multiple Integrated Laser Engagement Systems (MILES) estimated at US$784 Million in the year 2020, is projected to reach a revised size of US$1.3 Billion by 2027, growing at aCAGR of 7.9% over the period 2020-2027. Soldiers, one of the segments analyzed in the report, is projected to record 8% CAGR and reach US$1.1 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Vehicles segment is readjusted to a revised 7.3% CAGR for the next 7-year period.

The U.S. Market is Estimated at $355.3 Million, While China is Forecast to Grow at 9.7% CAGR

The Multiple Integrated Laser Engagement Systems (MILES) market in the U.S. is estimated at US$355.3 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$99.9 Million by the year 2027 trailing a CAGR of 9.7% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.5% and 7% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 7.5% CAGR.

Select Competitors (Total 32 Featured) -

  • Lockheed Martin Corporation
  • Raytheon Technologies
  • SAAB AB
  • Cubic Corporation
  • General Dynamics Mission Systems, Inc.
  • Inter-Coastal Electronics, Inc.
  • ZelTech, Inc.
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I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Multiple Integrated Laser Engagement Systems (MILES) – Global Key Competitors Percentage Market Share in 2022 (E)
Laser Technology in Military & Defense Takes Huge Strides: A Primer
The Race Between the Virus & Vaccines Intensifies. Amidst this Chaotic Battle, Where is the World Economy Headed in 2021?
These are Times When Questions Abound & Answers Are Few
So How Fast Or Slow Are We Moving?
How Fast the World is Vaccinated Will Determine How Soon the Pandemic Will End: Global Number of Annual COVID-19 Vaccine Doses (In Million) for Years 2020 through 2025 by Geographic Region/Country
India’s Second Wave Makes Clear the Fact that Equity is Not a Part of Global Policy on Tackling COVID
What We Know So Far – “Vaccine Efficiency Against New Strains is Decreasing”
Progress on Vaccinations, Why Should Businesses Care?
With IMF’s Upward Revision of Global GDP Forecasts for 2021, Most Companies Are Bullish About a Global Economic Comeback
A Strong 2021 Economic Rebound Based On Pent-Up Demand Comes as a Relief for Suffering Industries & Markets: World Economic Growth Projections (Real GDP, Annual % Change) for 2020 through 2022
Easing Unemployment Levels in 2021 Although Moderate Will Infuse Hope for Industries Reliant on Consumer Discretionary Incomes: Global Number of Unemployed People (In Million) for Years 2017, 2019, 2020, and 2022
A Retrospective Review of Year 2020 as the Worst Year in Humanity’s History that Left the World in Shambles & Industries and Markets Upended
How the Military & Defense Industry is Impacted by the Pandemic & What’s the New Normal?
Way Forward to the New Normal
Global Defense & Related Technologies Market Reset & Trajectory - Growth Outlook (In %) For Years 2019 Through 2025
Multiple Integrated Laser Engagement System (MILES): Definition & Importance
Recent Market Activity
Innovations
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
Despite the Hype About Electronic Warfare, Military Troops Still Remain the Touch Point for Defense & Battle. Training Them With Firearms Skills Becomes the Highest Prerogative
Soldiers Still Remain the Army’s Greatest Asset & the Most Important Weapon System Underlining the Need to Train & Sharpen Their Marksmanship With MILES: Global Active Ready-to-Fight Military Manpower (In 000s) by Country
Focus on Reducing Costs of Military Training Drives the Value of MILES
Technology Innovations & Advancements Remain Crucial to Growth
Critical Importance of Military Training in Preparing Defense Teams for Battlefield Operations Fuels Adoption of MILES Technology
Simulators & Simulations Add New Level of Effectiveness in Military Training
4. GLOBAL MARKET PERSPECTIVE
TABLE 1: World Recent Past, Current & Future Analysis for Multiple Integrated Laser Engagement Systems (MILES) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
TABLE 2: World 7-Year Perspective for Multiple Integrated Laser Engagement Systems (MILES) by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2021 & 2027
TABLE 3: World Recent Past, Current & Future Analysis for Soldiers by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
TABLE 4: World 7-Year Perspective for Soldiers by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027
TABLE 5: World Recent Past, Current & Future Analysis for Vehicles by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
TABLE 6: World 7-Year Perspective for Vehicles by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027
III. MARKET ANALYSIS
UNITED STATES
Multiple Integrated Laser Engagement Systems (MILES) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2022 (E)
TABLE 7: USA Recent Past, Current & Future Analysis for Multiple Integrated Laser Engagement Systems (MILES) by End-Use - Soldiers and Vehicles - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
TABLE 8: USA 7-Year Perspective for Multiple Integrated Laser Engagement Systems (MILES) by End-Use - Percentage Breakdown of Value Sales for Soldiers and Vehicles for the Years 2021 & 2027
CANADA
TABLE 9: Canada Recent Past, Current & Future Analysis for Multiple Integrated Laser Engagement Systems (MILES) by End-Use - Soldiers and Vehicles - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
TABLE 10: Canada 7-Year Perspective for Multiple Integrated Laser Engagement Systems (MILES) by End-Use - Percentage Breakdown of Value Sales for Soldiers and Vehicles for the Years 2021 & 2027
JAPAN
Multiple Integrated Laser Engagement Systems (MILES) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2022 (E)
TABLE 11: Japan Recent Past, Current & Future Analysis for Multiple Integrated Laser Engagement Systems (MILES) by End-Use - Soldiers and Vehicles - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
TABLE 12: Japan 7-Year Perspective for Multiple Integrated Laser Engagement Systems (MILES) by End-Use - Percentage Breakdown of Value Sales for Soldiers and Vehicles for the Years 2021 & 2027
CHINA
Multiple Integrated Laser Engagement Systems (MILES) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2022 (E)
TABLE 13: China Recent Past, Current & Future Analysis for Multiple Integrated Laser Engagement Systems (MILES) by End-Use - Soldiers and Vehicles - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
TABLE 14: China 7-Year Perspective for Multiple Integrated Laser Engagement Systems (MILES) by End-Use - Percentage Breakdown of Value Sales for Soldiers and Vehicles for the Years 2021 & 2027
EUROPE
Multiple Integrated Laser Engagement Systems (MILES) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2022 (E)
TABLE 15: Europe Recent Past, Current & Future Analysis for Multiple Integrated Laser Engagement Systems (MILES) by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
TABLE 16: Europe 7-Year Perspective for Multiple Integrated Laser Engagement Systems (MILES) by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2021 & 2027
TABLE 17: Europe Recent Past, Current & Future Analysis for Multiple Integrated Laser Engagement Systems (MILES) by End-Use - Soldiers and Vehicles - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
TABLE 18: Europe 7-Year Perspective for Multiple Integrated Laser Engagement Systems (MILES) by End-Use - Percentage Breakdown of Value Sales for Soldiers and Vehicles for the Years 2021 & 2027
FRANCE
Multiple Integrated Laser Engagement Systems (MILES) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2022 (E)
TABLE 19: France Recent Past, Current & Future Analysis for Multiple Integrated Laser Engagement Systems (MILES) by End-Use - Soldiers and Vehicles - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
TABLE 20: France 7-Year Perspective for Multiple Integrated Laser Engagement Systems (MILES) by End-Use - Percentage Breakdown of Value Sales for Soldiers and Vehicles for the Years 2021 & 2027
GERMANY
Multiple Integrated Laser Engagement Systems (MILES) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2022 (E)
TABLE 21: Germany Recent Past, Current & Future Analysis for Multiple Integrated Laser Engagement Systems (MILES) by End-Use - Soldiers and Vehicles - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
TABLE 22: Germany 7-Year Perspective for Multiple Integrated Laser Engagement Systems (MILES) by End-Use - Percentage Breakdown of Value Sales for Soldiers and Vehicles for the Years 2021 & 2027
ITALY
TABLE 23: Italy Recent Past, Current & Future Analysis for Multiple Integrated Laser Engagement Systems (MILES) by End-Use - Soldiers and Vehicles - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
TABLE 24: Italy 7-Year Perspective for Multiple Integrated Laser Engagement Systems (MILES) by End-Use - Percentage Breakdown of Value Sales for Soldiers and Vehicles for the Years 2021 & 2027
UNITED KINGDOM
Multiple Integrated Laser Engagement Systems (MILES) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2022 (E)
TABLE 25: UK Recent Past, Current & Future Analysis for Multiple Integrated Laser Engagement Systems (MILES) by End-Use - Soldiers and Vehicles - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
TABLE 26: UK 7-Year Perspective for Multiple Integrated Laser Engagement Systems (MILES) by End-Use - Percentage Breakdown of Value Sales for Soldiers and Vehicles for the Years 2021 & 2027
REST OF EUROPE
TABLE 27: Rest of Europe Recent Past, Current & Future Analysis for Multiple Integrated Laser Engagement Systems (MILES) by End-Use - Soldiers and Vehicles - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
TABLE 28: Rest of Europe 7-Year Perspective for Multiple Integrated Laser Engagement Systems (MILES) by End-Use - Percentage Breakdown of Value Sales for Soldiers and Vehicles for the Years 2021 & 2027
ASIA-PACIFIC
Multiple Integrated Laser Engagement Systems (MILES) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2022 (E)
TABLE 29: Asia-Pacific Recent Past, Current & Future Analysis for Multiple Integrated Laser Engagement Systems (MILES) by End-Use - Soldiers and Vehicles - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
TABLE 30: Asia-Pacific 7-Year Perspective for Multiple Integrated Laser Engagement Systems (MILES) by End-Use - Percentage Breakdown of Value Sales for Soldiers and Vehicles for the Years 2021 & 2027
REST OF WORLD
TABLE 31: Rest of World Recent Past, Current & Future Analysis for Multiple Integrated Laser Engagement Systems (MILES) by End-Use - Soldiers and Vehicles - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
TABLE 32: Rest of World 7-Year Perspective for Multiple Integrated Laser Engagement Systems (MILES) by End-Use - Percentage Breakdown of Value Sales for Soldiers and Vehicles for the Years 2021 & 2027
IV. COMPETITION
Total Companies Profiled: 32

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