Global Military Fire Control Systems Market 2017-2021

Global Military Fire Control Systems Market 2017-2021

About Military Fire Control Systems

Fire control systems are integrated or mounted on the weapons, vehicles, aircraft, and naval fleets. They assist in precise detection, tracking, aiming, and striking of an intended target. They help in improving the efficiency of military operations. A military fire control system consists of a number of components such as command, control, communications, computers, and intelligence (C4I), electro-optical/infrared (EO/IR) sensors, global positioning system (GPS), gun data computer, light amplification by stimulated emission of radiation (laser) range finder, radar, or sonar. These systems are designed to assist a weapon system (integrated or mounted on a gun, missile, ground vehicle, combat aircraft, and naval vessel) in hitting its target. They facilitate faster and accurate ground, aerial, or naval strikes. These systems enable new offensive strategies for a wide range of targets.

Technavio’s analysts forecast the global military fire control systems market to grow at a CAGR of 5.27% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global military fire control systems market for 2017-2021. To calculate the market size, the report considers the new installations.

The market is divided into the following segments based on geography:

• Americas
• APAC
• EMEA

Technavio's report, Global Military Fire Control Systems Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

• BAE Systems
• Elbit Systems
• General Dynamics
• Lockheed Martin
• Safran

Other prominent vendors

• Bharat Electronics
• Leonardo
• Rheinmetall
• Saab
• Ultra Electronics

Market driver

• Growing demand for automated fire control systems
• For a full, detailed list, view our report

Market challenge

• Continued usage of smoke screens
• For a full, detailed list, view our report

Market trend

• Development of consolidated fire control systems
• For a full, detailed list, view our report

Key questions answered in this report

• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

Press Release

Technavio Announces the Publication of its Research Report – Global Military Fire Control Systems Market 2017-2021

Technavio recognizes the following companies as the key players in the global military fire control systems market: BAE Systems, Elbit Systems, General Dynamics, Lockheed Martin, and Safran.

Other Prominent Vendors in the market are: Bharat Electronics, Leonardo, Rheinmetall, Saab, and Ultra Electronics.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is development of consolidated fire control systems. In order to improve the effectiveness of combat weapons (such as firearms, sniper rifles, guns, and others), especially when operated from long distances, as well as to increase their accuracy and reduce the aiming time, the concept of consolidated fire control systems or weapons integrated with fire control systems has been introduced. As ammunition technologies and artillery systems are highly unlikely to change during the forecast period, the evolution of such consolidated fire control systems will significantly improve the efficiency and shooting skills of soldiers as well as ensure the effectiveness of military operations.”

According to the report, one of the major drivers for this market is growing demand for automated fire control systems. During the Afghanistan and Iraq wars (2001-2014), the US and the NATO's armed troops faced a number of challenges, which indicated that they were not adequately prepared to counter the irregular warfare tactics of the enemies. As a result, the concerned defense authorities initiated the development and deployment of automated systems that would increase combat capabilities against the extremists/enemies.

Further, the report states that one of the major factors hindering the growth of this market is continued usage of smoke screens. Although several advanced fire control systems have been developed and deployed over the years, the usage of smoke screens (smoke released to cover the location or movement of the military units such as infantry, tanks, aircraft or naval ships) to evade/thwart the effects of the weapon aiming systems and guided strikes has also increased significantly. Smoke screens can hide or disrupt any movement from the enemies' line of sight and prevent detection by infrared sensors or viewers using laser optics or range finders. They are usually deployed either by a canister (such as smoke grenades or smoke shells) or generated by a vehicle (trucks, tanks, or warships).

BAE Systems, Elbit Systems, General Dynamics, Lockheed Martin, Safran, Bharat Electronics, Leonardo, Rheinmetall, Saab, and Ultra Electronics.