Airborne Optronics Market - Trends Forecast Till 2028

Market Overview

Global Airborne Optronics market is anticipated to reach USD 1.7 billion in 2021 growing at a CAGR of 13.4% during the forecasting period, 2021-2028.

Optronics is the short form for optoelectronics. It a branch of physics that deals with the devices that help to develop electrical energy using the optical energy/ solar energy. Considering airborne optronics the recent devices include sensor, and system which can be used for both manned and unmanned aerial vehicle. They have the ability to provide both strategic and tactical advantage.

Due to an increase in application of Airborne optronics for unmanned aerial vehicle and the recent advancements in the sector are some of the factors that have supported long-term expansion for Airborne Optronics industry.

Key Findings

Global Airborne Optronics market is segmented into End Use, System, Technology, Application, Aircraft Type and geography.

Technology segment is segmented into Hyperspectral, Multispectral

Application segment is segmented into Commercial, Military, and Space

Aircraft Type segment is segmented into Fixed Wing, Rotary Wing, Urban Air Mobility, Unmanned Aerial Vehicles

Geographically, global Airborne Optronics market is sub segmented into North America, Europe, Asia-Pacific, Middle East and Africa and South America and insights are provided for each region and major countries within the regions

Competitive Landscape

Key players in global Airborne Optronics market are Northrop Grumman Corporation (US), Thales SA (France), Safran (France), FLIR Systems, Inc. (US), and Elbit Systems Ltd. (Israel) among others.

Reasons to Acquire

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• In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

Report Scope