Target Acquisition Systems Market

Target acquisition is the detection, identification, and location of a target in sufficient detail to permit the effective employment of lethal and non-lethal means. The term is used for a broad area of applications.

A "target" here is an entity or object considered for possible engagement or other action (see Targeting (warfare)). Targets include a wide array of resources that an enemy commander can use to conduct operations including mobile and stationary units, forces, equipment, capabilities, facilities, persons and functions. It may comprise target acquisition, Joint Targeting or Information Operations.

Technically target acquisition may just denote the process of a weapon system to decide which object to lock on to, as opposed to surveillance on one and target tracking[disambiguation needed] on the other side; for example in an anti-aircraft system.
Target Acquisition Systems Market contains market size and forecasts of Target Acquisition Systems in Global, including the following market information:
Global Target Acquisition Systems Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Target Acquisition Systems market was valued at 13130 million in 2021 and is projected to reach US$ 16630 million by 2028, at a CAGR of 3.4% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Land Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Target Acquisition Systems include Hensoldt, Elbit Systems, Israel Aerospace Industries, Aselsan A.S., Rheinmetall AG, BAE Systems, Leonardo and Raytheon Company, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Target Acquisition Systems companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Target Acquisition Systems Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Target Acquisition Systems Market Segment Percentages, by Type, 2021 (%)
Land
Naval
Airborne
Global Target Acquisition Systems Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Target Acquisition Systems Market Segment Percentages, by Application, 2021 (%)
Military
Homeland Security
Others
Global Target Acquisition Systems Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Target Acquisition Systems Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Target Acquisition Systems revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Target Acquisition Systems revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Hensoldt
Elbit Systems
Israel Aerospace Industries
Aselsan A.S.
Rheinmetall AG
BAE Systems
Leonardo
Raytheon Company