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Global Multiple Integrated Laser Engagement System Market 2016-2020

Global Multiple Integrated Laser Engagement System Market 2016-2020

About MILES

MILES is a set of lasers and laser sensors, which is fastened on armed personnel, weapons, and vehicles to provide realistic training environment to the soldiers. During training, when soldiers fire at their opponents, it emits laser beams instead of ammunition. If the laser successfully hits a soldier, or sensor, or an opponent vehicle, the computer considers it as lethal and a signal notifies that the target has been eliminated from the exercise.

Technavio’s analysts forecast the global MILES market to grow at a CAGR of 8.28% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global MILES market for 2016-2020. To calculate the market size, the report considers the the laser systems that are similar to MILES and are used by other countries for training.The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global MILES Market 2016-2020, 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
  • Cubic
  • Lockheed Martin
  • Saab
  • Raytheon
Other prominent vendors
  • General Dynamics
  • ZelTech
  • Rheinmetall
  • Inter-Coastal Electronics
Market driver
  • Increasing demand for MILES in live training
  • For a full, detailed list, view our report
Market challenge
  • Growing demand for indoor training
  • For a full, detailed list, view our report
Market trend
  • Emergence of multi-functional laser system through C4ISR applications
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 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 MILES Market 2016-2020

Technavio recognizes the following companies as the key players in the global MILES market: Cubic, Lockheed Martin, Saab, and Raytheon

Other Prominent Vendors in the market are: General Dynamics, ZelTech, Rheinmetall, and Inter coastal electronics

Commenting on the report, an analyst from Technavio’s team said: “Currently, soldiers are being trained using laser-based technology for combat. The latest technological advancements in MILES have raised the bar, as the new versions have become much more sophisticated, which includes instant data on soldier performance.”

According to the report, training is an important aspect in defense. It does not pertain to only the equipment or simulators used but also how efficiently soldiers deal with real-world or realistic battlefield conditions. Therefore, training systems that can create tactical awareness and effective mission rehearsals have a high demand.

Further, the report states that defense budget cuts have significantly limited the procurement of military hardware in many countries, and replacement of these components at frequent intervals has also become difficult. Hence, the demand for indoor training with training systems that have a longer service life is gradually increasing.



Companies Mentioned

Cubic, Lockheed Martin, Saab, Raytheon, General Dynamics, ZelTech, Rheinmetall, Inter coastal electronics.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
  • Market landscape
    • Market overview
      • Table MILES segmentation
    • Market size and forecast
      • Table Global MILES market ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by application
    • Market share by application
      • Table Market share by application in 2015 and 2020
      • Table Segmentation of MILES market by revenue ($ billions)
    • Global MILES market for soldiers
      • Table Global MILES soldier market ($ billions)
      • Table Advantages of MILES
    • Global MILES market for vehicles
      • Table Global MILES market for vehicles ($ billions)
      • Table Advantages of MILES for vehicles
  • Geographical segmentation
    • Market share by geography
      • Table Market share by geography in 2015 and 2020
      • Table Geographical segmentation by revenue ($ millions)
    • MILES market in America
      • Table MILES market in the Americas ($ millions)
    • MILES market in EMEA
      • Table MILES market in EMEA ($ millions)
    • MILES market in APAC
      • Table MILES market in APAC ($ millions)
  • Market drivers
    • Increasing demand for MILES in live training
      • Table Effective features of MILES in live training
    • Growing demand for centralized simulation and training
    • Development of urban warfare training tactics
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Growing demand for indoor training
    • Challenges faced by end-users
      • Table Challenges faced by end-user
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Growing technological advancements
    • Emergence of multi-functional laser systems through C4ISR applications
    • Integration of COTS into MILES
      • Table Benefits of COTS in MILES system
  • Vendor landscape
    • Competitive scenario
  • Key vendor analysis
    • Cubic
      • Table Cubic: Business segmentation by revenue 2015 (%)
      • Table Cubic: Business segmentation by revenue 2014 and 2015 ($ millions)
      • Table Cubic: Geographical segmentation by revenue 2015 (%)
    • Lockheed Martin
      • Table Lockheed Martin: Business segmentation by revenue 2015 (%)
      • Table Lockheed Martin: Business segmentation by revenue 2014 and 2015 ($ billions)
    • Raytheon
      • Table Raytheon: Business segmentation by revenue 2015 (%)
      • Table Raytheon: Business segmentation by revenue 2014 and 2015 ($ billions)
      • Table Raytheon: Geographical segmentation by revenue 2015 (%)
    • Saab
      • Table Saab: Business segmentation by revenue 2015 (%)
      • Table Saab: Business segmentation by revenue 2014 and 2015 ($ millions)
      • Table Saab: Geographical segmentation by revenue 2015 (%)
    • Recent developments
    • Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

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