Table of Content

1 INTRODUCTION 56
1.1 OBJECTIVES OF THE STUDY 56
1.2 MARKET DEFINITION 56
1.3 MARKET SCOPE 57
1.3.1 MARKETS COVERED 57
FIGURE 1 AIRBORNE OPTRONICS MARKET SEGMENTATION 57
1.3.2 YEARS CONSIDERED FOR THE STUDY 58
1.4 INCLUSIONS AND EXCLUSIONS 58
TABLE 1 INCLUSIONS AND EXCLUSIONS IN AIRBORNE OPTRONICS MARKET 58
1.5 CURRENCY & PRICING 58
1.6 LIMITATIONS 58
1.7 MARKET STAKEHOLDERS 59
2 RESEARCH METHODOLOGY 60
2.1 RESEARCH DATA 60
FIGURE 2 REPORT PROCESS FLOW 60
FIGURE 3 RESEARCH DESIGN 61
2.1.1 SECONDARY DATA 61
2.1.2 PRIMARY DATA 62
2.1.2.1 Key primary sources 62
2.2 MARKET SIZE ESTIMATION 62
2.2.1 MARKET DEFINITION & SCOPE 63
2.2.2 SEGMENTS AND SUBSEGMENTS 63
2.3 RESEARCH APPROACH & METHODOLOGY 64
2.3.1 BOTTOM-UP APPROACH 64
2.3.2 AIRBORNE OPTRONICS MARKET FOR OEM 64
FIGURE 4 MARKET SIZE CALCULATION FOR OEM 64
2.3.3 AIRBORNE OPTRONICS AFTERMARKET 65
FIGURE 5 MARKET SIZE CALCULATION FOR AFTERMARKET 65
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 65
2.3.4 TOP-DOWN APPROACH 66
FIGURE 7 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 66
2.4 TRIANGULATION & VALIDATION 66
FIGURE 8 DATA TRIANGULATION 67
2.4.1 TRIANGULATION THROUGH PRIMARY AND SECONDARY RESEARCH 67
2.5 ASSUMPTIONS FOR THE RESEARCH STUDY 68
2.6 RISKS 68
3 EXECUTIVE SUMMARY 69
FIGURE 9 SURVEILLANCE SYSTEM SEGMENT ESTIMATED TO ACCOUNT FOR THE LARGEST SHARE OF AIRBORNE OPTRONICS MARKET IN 2020 69
FIGURE 10 AIRBORNE OPTRONICS MARKET, BY AIRCRAFT TYPE, 2020 70
FIGURE 11 OEM SEGMENT ESTIMATED TO ACCOUNT FOR A LARGER SHARE OF AIRBORNE OPTRONICS MARKET IN 2020 70
FIGURE 12 AIRBORNE OPTRONICS MARKET IN ASIA PACIFIC EXPECTED TO GROW AT THE HIGHEST CAGR DURING FORECAST PERIOD 71
4 PREMIUM INSIGHTS 72
4.1 ATTRACTIVE GROWTH OPPORTUNITIES IN THE AIRBORNE OPTRONICS MARKET 72
FIGURE 13 MODERNIZATION AND TECHNOLOGICAL ADVANCEMENT IN AEROSPACE INDUSTRY IS EXPECTED TO DRIVE THE MARKET FROM 2O20 TO 2025 72
4.2 AIRBORNE OPTRONICS MARKET, BY APPLICATION 72
FIGURE 14 MILITARY SEGMENT PROJECTED TO LEAD THE MARKET FROM 2020 TO 2025 72
4.3 AIRBORNE OPTRONICS MARKET, BY COUNTRY 73
FIGURE 15 AIRBORNE OPTRONICS MARKET IN JAPAN IS PROJECTED TO GROW AT THE HIGHEST CAGR FROM 2020 TO 2025 73
5 MARKET OVERVIEW 74
5.1 INTRODUCTION 74
5.2 MARKET DYNAMICS 74
FIGURE 16 AIRBORNE OPTRONICS MARKET DYNAMICS 74
5.2.1 DRIVERS 75
5.2.1.1 Growing fleet of commercial and combat aircraft 75
FIGURE 17 GLOBAL COMMERCIAL AND MILITARY AIRCRAFT DELIVERIES, 2017-2025 75
5.2.1.2 Modernization and technological advancements 75
5.2.1.3 Increased deployment of electro-optics for unmanned vehicles 76
5.2.2 OPPORTUNITIES 76
5.2.2.1 Emergence of urban air mobility platforms 76
5.2.2.2 Growing defense budgets of major economies 76
5.2.2.3 Global expansion of military air fleet 77
5.2.2.4 Use of UAVs in military operations 77
5.2.3 CHALLENGES 78
5.2.3.1 Inefficiency in extreme weather conditions 78
5.2.3.2 Impact of COVID-19 78
TABLE 2 COVID-19 IMPACT ON PASSENGER TRAFFIC AND REVENUE 78
5.3 OPERATIONAL DATA 79
TABLE 3 NEW COMMERCIAL AIRPLANE DELIVERIES, BY REGION, 2019-2038 79
TABLE 4 AIRBUS MILITARY AIRCRAFT ORDERS AND DELIVERIES, BY AIRCRAFT TYPE, 2021 79
5.4 RANGES AND SCENARIOS 80
5.5 IMPACT OF COVID-19 ON AIRBORNE OPTRONICS MARKET 81
5.6 DISRUPTION IMPACTING CUSTOMER’S BUSINESS 82
5.6.1 REVENUE SHIFT AND & NEW REVENUE POCKETS FOR AIRBORNE OPTRONICS MARKET 82
5.7 SUPPLY CHAIN ANALYSIS 82
5.8 PORTER’S FIVE FORCES ANALYSIS 84
TABLE 5 PORTER’S FIVE FORCES ANALYSIS 84
5.8.1 THREAT OF NEW ENTRANTS 85
5.8.2 THREAT OF SUBSTITUTES 85
5.8.3 BARGAINING POWER OF SUPPLIERS 85
5.8.4 BARGAINING POWER OF BUYERS 85
5.8.5 COMPETITION IN THE INDUSTRY 85
5.9 TECHNOLOGY ANALYSIS 86
FIGURE 18 TECHNOLOGY ANALYSIS FOR AIRBORNE OPTRONICS 86
5.9.1 KESTREL 86
5.9.2 NIGHT VISION/LOW LIGHT IMAGING 86
5.9.3 LIDAR 87
5.9.4 MEASUREMENT AND SIGNATURE INTELLIGENCE (MASINT) 87
5.9.5 COTS CAMERA 88
5.10 AIRBORNE OPTRONICS MARKET ECOSYSTEM 88
5.10.1 PROMINENT COMPANIES 88
5.10.2 PRIVATE AND SMALL ENTERPRISES 88
5.10.3 END USERS 88
FIGURE 19 AIRBORNE OPTRONICS MARKET ECOSYSTEM 89
TABLE 6 AIRBORNE OPTRONICS MARKET ECOSYSTEM 89
5.11 CASE STUDY ANALYSIS: AIRBORNE OPTRONICS MARKET 90
5.11.1 TARGETING SYSTEMS 90
TABLE 7 COUNTRIES USING LOITERING MUNITION 91
5.11.2 SURVEILLANCE SYSTEMS 91
5.11.3 GUIDANCE & NAVIGATION SYSTEMS 92
5.12 TARIFF AND REGULATORY LANDSCAPE 92
5.12.1 LASERS 92
5.12.2 REMOTE SENSING EQUIPMENT 93
5.12.3 LIDAR TECHNOLOGY 94
TABLE 8 PARAMETERS OF LIDAR DATA ACQUISITION POINT SPACING 95
5.13 AVERAGE SELLING PRICE 95
TABLE 9 AVERAGE SELLING PRICE: OEM AIRBORNE OPTRONICS, BY FIXED WING AND ROTARY AIRCRAFT TYPE (USD) 95
TABLE 10 AVERAGE SELLING PRICE: AFTERMARKET AIRBORNE OPTRONICS, BY FIXED WING AND ROTARY WING AIRCRAFT TYPE (USD) 96
5.14 VOLUME DATA 96
TABLE 11 OEM: AIRBORNE OPTRONICS MARKET SIZE, BY FIXED WING AND ROTARY WING AIRCRAFT TYPE (UNITS) 96
TABLE 12 AFTERMARKET: AIRBORNE OPTRONICS MARKET SIZE, BY FIXED WING AND ROTARY WING AIRCRAFT TYPE (UNITS) 97
5.15 TRADE DATA ANALYSIS 97
TABLE 13 TRADE DATA TABLE FOR AIRBORNE OPTRONICS MARKET 97
6 INDUSTRY TRENDS 99
6.1 INTRODUCTION 99
6.2 VALUE CHAIN ANALYSIS 99
6.3 EMERGING TECHNOLOGIES 100
FIGURE 20 EMERGING TRENDS IN AIRBORNE OPTRONICS 100
6.3.1 CAMERAS FOR UNMANNED VEHICLES 101
6.3.2 HYPERSPECTRAL IMAGING 101
6.3.3 MULTISPECTRAL IMAGING 101
6.3.4 MULTI-SENSOR DATA FUSION FOR NAVIGATION 101
6.3.5 AUTONOMY LEVEL FOR UNMANNED SYSTEMS 102
6.3.6 WEAPONIZED DRONES WITH ELECTRO-OPTICS 103
TABLE 14 TYPES OF WEAPONIZED DRONES 103
6.4 IMPACT OF MEGATREND 104
6.5 INNOVATION & PATENT ANALYSIS 105
7 AIRBORNE OPTRONICS MARKET, BY SYSTEM 106
7.1 INTRODUCTION 107
FIGURE 21 NAVIGATION AND GUIDANCE SYSTEM SEGMENT ESTIMATED TO LEAD THE MARKET DURING THE FORECAST PERIOD 107
TABLE 15 AIRBORNE OPTRONICS MARKET, BY SYSTEM, 2017–2019 (USD MILLION) 107
TABLE 16 AIRBORNE OPTRONICS MARKET, BY SYSTEM, 2020–2025 (USD MILLION) 108
7.2 RECONNAISSANCE SYSTEM 108
7.2.1 TECHNOLOGICAL ADVANCEMENTS IN OPTRONICS ENABLE UAVS TO CARRY-OUT RECONNAISSANCE MISSIONS 108
7.3 TARGETING SYSTEM 109
7.3.1 NEW CONTRACTS ARE BEING SECURED BY AIRBORNE TARGETING MANUFACTURERS TO PROVIDE NEW ADVANCED TARGETING SYSTEMS FOR COMBAT AIRCRAFT 109
7.4 SEARCH AND TRACK SYSTEM 109
7.4.1 SEARCH AND TRACK SYSTEM PROVIDES FIGHTER AIRCRAFT STEALTH VISION 109
7.5 SURVEILLANCE SYSTEM 110
7.5.1 UAVS ARE INCREASINGLY UTILIZED IN THE MILITARY SECTOR TO PROVIDE BATTLEFIELD INTELLIGENCE 110
7.6 WARNING/DETECTION SYSTEM 110
7.6.1 INCEASING INVESTMENTS BY ARMED FORCES FACILITATE WARNING/DETECTION 110
7.7 COUNTERMEASURE SYSTEM 111
7.7.1 REQUIREMENT FOR ADDING SELF-PROTECTION CAPABILITY TO FIGHTER AIRCRAFT DRIVES THIS SEGMENT 111
7.8 NAVIGATION AND GUIDANCE SYSTEM 111
7.8.1 NEW GUIDANCE AND NAVIGATION STANDARDS DRIVE THE DEMAND OF THESE SYSTEMS 111
7.9 SPECIAL MISSION SYSTEM 112
7.9.1 DEMAND FOR MONITORING AERIAL REFUELING DRIVES THIS SEGMENT 112
8 AIRBORNE OPTRONICS MARKET, BY TECHNOLOGY 113
8.1 INTRODUCTION 114
FIGURE 22 MULTISPECTRAL TECHNOLOGY SEGMENT EXPECTED TO LEAD THE MARKET DURING THE FORECAST PERIOD 114
TABLE 17 AIRBORNE OPTRONICS MARKET, BY TECHNOLOGY,
2017–2019 (USD MILLION) 114
TABLE 18 AIRBORNE OPTRONICS MARKET, BY TECHNOLOGY,
2020–2025 (USD MILLION) 115
8.2 MULTISPECTRAL 115
8.2.1 LOW-COST MULTISPECTRAL IMAGING SYSTEM IS CONSIDERED TO BE THE BEST FIT FOR UNMANNED AUTONOMOUS AIRCRAFT 115
8.3 HYPERSPECTRAL 116
8.3.1 HYPERSPECTRAL IMAGING IMPROVES SITUATIONAL AWARENESS WITH THE HELP OF ISR SYSTEMS 116
9 AIRBORNE OPTRONICS MARKET, BY APPLICATION 117
9.1 INTRODUCTION 118
FIGURE 23 COMMERCIAL SEGMENT EXPECTED TO LEAD THE MARKET DURING FORECAST PERIOD 118
TABLE 19 AIRBORNE OPTRONICS MARKET, BY APPLICATION,
2017–2019 (USD MILLION) 118
TABLE 20 AIRBORNE OPTRONICS MARKET, BY APPLICATION,
2020–2025 (USD MILLION) 119
9.2 COMMERCIAL 119
9.2.1 TECHNOLOGICAL ADVANCEMENTS IN DRONES TECHNOLOGY HAVE ENHANCED THEIR CAPABILITIES FOR COMMERCIAL APPLICATIONS 119
9.3 MILITARY 119
9.3.1 WIDE USE OF AIRBORNE OPTRONICS IN MILITARY APPLICATIONS DRIVE THE MARKET 119
9.4 SPACE 120
9.4.1 INCREASING USE OF ADVANCED HIGH-TECH CAMERAS FOR SPACE APPLICATIONS WILL DRIVE THIS SEGMENT 120
10 AIRBORNE OPTRONICS MARKET, BY AIRCRAFT TYPE 121
10.1 INTRODUCTION 122
10.1.1 IMPACT OF COVID-19 ON AIRCRAFT TYPE SEGMENT 122
10.1.1.1 Most impacted segment 122
10.1.1.2 Least impacted segment 122
FIGURE 24 UNMANNED AERIAL VEHICLES SEGMENT EXPECTED TO LEAD THE MARKET DURING THE FORECAST PERIOD 122
TABLE 21 AIRBORNE OPTRONICS MARKET, BY AIRCRAFT TYPE,
2017–2019 (USD MILLION) 123
TABLE 22 AIRBORNE OPTRONICS MARKET, BY AIRCRAFT TYPE,
2020–2025 (USD MILLION) 123
10.2 FIXED WING 123
TABLE 23 FIXED WING: AIRBORNE OPTRONICS MARKET, BY TYPE,
2017–2019 (USD MILLION) 123
TABLE 24 FIXED WING: AIRBORNE OPTRONICS MARKET, BY TYPE,
2020–2025 (USD MILLION) 124
10.2.1 BUSINESS JETS 124
10.2.1.1 Increase in corporate activities across the globe fuel the demand for business jets 124
10.2.2 REGIONAL TRANSPORT AIRCRAFT 124
10.2.2.1 Increasing use of regional transport aircraft in the US and India to drive demand for this aircraft 124
10.2.3 FIGHTER AIRCRAFT 125
10.2.3.1 Growing concerns over border tensions to fuel this segment 125
10.2.4 TRANSPORT AIRCRAFT 125
10.2.4.1 Increasing use of transport aircraft in military operations drive this segment 125
10.2.5 SPECIAL MISSION AIRCRAFT 125
10.2.5.1 Growing defense spending and territorial disputes drive demand for special mission aircraft 125
10.3 ROTARY WING 126
TABLE 25 ROTARY WING: AIRBORNE OPTRONICS MARKET, BY TYPE,
2017–2019 (USD MILLION) 126
TABLE 26 ROTARY WING: AIRBORNE OPTRONICS MARKET, BY TYPE,
2020–2025 (USD MILLION) 126
10.3.1 COMMERCIAL HELICOPTERS 127
10.3.1.1 Increasing usage of commercial helicopters for multiple purposes drive their demand 127
10.3.2 MILITARY HELICOPTERS 127
10.3.2.1 Technologically advanced military helicopters with next-generation sensors provide precision flight control 127
10.4 URBAN AIR MOBILITY 128
TABLE 27 URBAN AIR MOBILITY: AIRBORNE OPTRONICS MARKET, BY TYPE,
2017–2019 (USD MILLION) 128
TABLE 28 URBAN AIR MOBILITY: AIRBORNE OPTRONICS MARKET, BY TYPE,
2020–2025 (USD MILLION) 128
10.4.1 AIR TAXI 129
10.4.1.1 Demand for air taxis as an alternate mode of mass transportation drive the market 129
TABLE 29 MAJOR DEVELOPMENT IN THE FIELD OF DRONE TAXI 129
10.4.2 AIR SHUTTLE AND AIR METRO 129
10.4.2.1 Air shuttles or metros considered to be the convenient mode of public transport 129
10.4.3 PERSONAL AERIAL VEHICLES 130
10.4.3.1 Use of personal aerial vehicles by HNIS and business tycoons drive this segment 130
10.4.4 CARGO AERIAL VEHICLES 130
10.4.4.1 Multiple applications of cargo aerial vehicles across sectors boost the demand for these vehicles 130
10.4.5 LAST-MILE DELIVERY VEHICLES 130
10.4.5.1 Demand for same-day delivery to boost the market for last-mile delivery vehicles 130
10.5 UNMANNED AERIAL VEHICLES 131
TABLE 30 UNMANNED AERIAL VEHICLES: AIRBORNE OPTRONICS MARKET, BY TYPE, 2017–2019 (USD MILLION) 131
TABLE 31 UNMANNED AERIAL VEHICLES: AIRBORNE OPTRONICS MARKET, BY TYPE, 2020–2025 (USD MILLION) 131
10.5.1 FIXED WING UAVS 132
10.5.1.1 Predator and Reaper are the most used fixed wing UAVs in military applications 132
10.5.2 FIXED WING VTOL UAVS 132
10.5.2.1 Fixed wing VTOL UAVs can carry heavy payloads resulting in their growth and, thereby, optronics market 132
10.5.3 ROTARY WING UAVS 133
10.5.3.1 Rotary-wing UAVs are used for search & rescue operations, precision farming, and law enforcement 133
11 AIRBORNE OPTRONICS MARKET, BY END USE 134
11.1 INTRODUCTION 135
11.1.1 IMPACT OF COVID-19 ON END USE SEGMENTS 135
11.1.1.1 Most impacted segment 135
11.1.1.2 Least impacted segment 135
FIGURE 25 OEM SEGMENT PROJECTED TO LEAD THE AIRBORNE OPTRONICS MARKET DURING THE FORECAST PERIOD 135
TABLE 32 AIRBORNE OPTRONICS MARKET, BY END USE, 2017–2019 (USD MILLION) 136
TABLE 33 AIRBORNE OPTRONICS MARKET, BY END USE, 2020–2025 (USD MILLION) 136
11.2 ORIGINAL EQUIPMENT MANUFACTURER (OEM) 136
11.2.1 INCREASING USE OF UAVS IN CIVIL AND COMMERCIAL APPLICATIONS DRIVE THIS SEGMENT 136
TABLE 34 FIXED WING: AIRBORNE OPTRONICS OEM MARKET, BY TYPE,
2017–2019 (USD MILLION) 137
TABLE 35 FIXED WING: AIRBORNE OPTRONICS OEM MARKET, BY TYPE,
2020–2025 (USD MILLION) 137
TABLE 36 ROTARY WING: AIRBORNE OPTRONICS OEM MARKET, BY TYPE,
2017–2019 (USD MILLION) 137
TABLE 37 ROTARY WING: AIRBORNE OPTRONICS OEM MARKET, BY TYPE,
2020–2025 (USD MILLION) 137
TABLE 38 URBAN AIR MOBILITY: AIRBORNE OPTRONICS OEM MARKET, BY TYPE,
2017–2019 (USD MILLION) 138
TABLE 39 URBAN AIR MOBILITY: AIRBORNE OPTRONICS OEM MARKET, BY TYPE,
2020–2025 (USD MILLION) 138
TABLE 40 UNMANNED AERIAL VEHICLE: AIRBORNE OPTRONICS OEM MARKET,
BY TYPE, 2017–2019 (USD MILLION) 138
TABLE 41 UNMANNED AERIAL VEHICLE: AIRBORNE OEM OPTRONICS OEM MARKET,
BY TYPE, 2020–2025 (USD MILLION) 139
11.3 AFTERMARKET 139
11.3.1 INCREASING USE OF OPTRONIC DEVICES IN MILITARY AIRCRAFT DRIVE THIS SEGMENT 139
TABLE 42 FIXED WING: AIRBORNE OPTRONICS AFTERMARKET, BY TYPE,
2017–2019 (USD MILLION) 140
TABLE 43 FIXED WING: AIRBORNE OPTRONICS AFTERMARKET, BY TYPE,
2020–2025 (USD MILLION) 140
TABLE 44 ROTARY WING: AIRBORNE OPTRONICS AFTERMARKET, BY TYPE,
2017–2019 (USD MILLION) 140
TABLE 45 ROTARY WING: AIRBORNE OPTRONICS AFTERMARKET, BY TYPE,
2020–2025 (USD MILLION) 140
TABLE 46 UNMANNED AERIAL VEHICLES: AIRBORNE OPTRONICS AFTERMARKET,
BY TYPE, 2017–2019 (USD MILLION) 141
TABLE 47 UNMANNED AERIAL VEHICLES: AIRBORNE OEM OPTRONICS AFTERMARKET, BY TYPE, 2020–2025 (USD MILLION) 141
12 REGIONAL ANALYSIS 142
12.1 INTRODUCTION 143
FIGURE 26 AIRBORNE OPTRONICS MARKET: REGIONAL SNAPSHOT 143
12.2 IMPACT OF COVID-19 ON AIRBORNE OPTRONICS MARKET 143
FIGURE 27 IMPACT OF COVID-19 ON AIRBORNE OPTRONICS MARKET 144
TABLE 48 AIRBORNE OPTRONICS MARKET SIZE, BY REGION,
2017–2019 (USD MILLION) 144
TABLE 49 AIRBORNE OPTRONICS MARKET SIZE, BY REGION,
2020–2025 (USD MILLION) 144
TABLE 50 AIRBORNE OPTRONICS OEM MARKET, BY REGION,
2017–2019 (USD MILLION) 145
TABLE 51 AIRBORNE OPTRONICS OEM MARKET, BY REGION,
2020–2025 (USD MILLION) 145
TABLE 52 AIRBORNE OPTRONICS AFTERMARKET, BY REGION,
2017–2019 (USD MILLION) 145
TABLE 53 AIRBORNE OPTRONICS AFTERMARKET, BY REGION,
2020–2025 (USD MILLION) 146
12.3 NORTH AMERICA 146
FIGURE 28 NORTH AMERICA AIRBORNE OPTRONICS MARKET SNAPSHOT 147
12.3.1 PESTLE ANALYSIS: NORTH AMERICA 147
TABLE 54 NORTH AMERICA: AIRBORNE OPTRONICS MARKET, BY APPLICATION,
2017–2019 (USD MILLION) 149
TABLE 55 NORTH AMERICA: AIRBORNE OPTRONICS MARKET, BY APPLICATION,
2020–2025 (USD MILLION) 149
TABLE 56 NORTH AMERICA: AIRBORNE OPTRONICS MARKET, BY COUNTRY,
2017–2019 (USD MILLION) 149
TABLE 57 NORTH AMERICA: AIRBORNE OPTRONICS MARKET, BY COUNTRY,
2020–2025 (USD MILLION) 149
12.3.2 OEM MARKET 150
TABLE 58 NORTH AMERICA: AIRBORNE OPTRONICS OEM MARKET IN FIXED WING AIRCRAFT, BY TYPE, 2017–2019 (USD MILLION) 150
TABLE 59 NORTH AMERICA: AIRBORNE OPTRONICS OEM MARKET IN FIXED WING AIRCRAFT, BY TYPE, 2020–2025 (USD MILLION) 150
TABLE 60 NORTH AMERICA: AIRBORNE OPTRONICS OEM MARKET IN ROTARY WING AIRCRAFT, BY TYPE, 2017–2019 (USD MILLION) 150
TABLE 61 NORTH AMERICA: AIRBORNE OPTRONICS OEM MARKET IN ROTARY WING AIRCRAFT, BY TYPE, 2020–2025 (USD MILLION) 151
TABLE 62 NORTH AMERICA: AIRBORNE OPTRONICS OEM MARKET IN URBAN AIR MOBILITY, BY TYPE, 2017–2019 (USD MILLION) 151
TABLE 63 NORTH AMERICA: AIRBORNE OPTRONICS OEM MARKET IN URBAN AIR MOBILITY, BY TYPE, 2020–2025 (USD MILLION) 151
TABLE 64 NORTH AMERICA: AIRBORNE OPTRONICS OEM MARKET IN UNMANNED AERIAL VEHICLES, BY TYPE, 2017–2019 (USD MILLION) 152
TABLE 65 NORTH AMERICA: AIRBORNE OPTRONICS OEM MARKET IN UNMANNED AERIAL VEHICLES, BY TYPE, 2020–2025 (USD MILLION) 152
12.3.3 AFTERMARKET 152
TABLE 66 NORTH AMERICA: AIRBORNE OPTRONICS AFTERMARKET IN FIXED WING AIRCRAFT, BY TYPE, 2017–2019 (USD MILLION) 152
TABLE 67 NORTH AMERICA: AIRBORNE OPTRONICS AFTERMARKET IN FIXED WING AIRCRAFT, BY TYPE, 2020–2025 (USD MILLION) 153
TABLE 68 NORTH AMERICA: AIRBORNE OPTRONICS AFTERMARKET IN ROTARY WING AIRCRAFT, BY TYPE, 2017–2019 (USD MILLION) 153
TABLE 69 NORTH AMERICA: AIRBORNE OPTRONICS AFTERMARKET IN ROTARY WING AIRCRAFT, BY TYPE, 2020–2025 (USD MILLION) 153
TABLE 70 NORTH AMERICA: AIRBORNE OPTRONICS AFTERMARKET IN UNMANNED AERIAL VEHICLES, BY TYPE, 2017–2019 (USD MILLION) 153
TABLE 71 NORTH AMERICA: AIRBORNE OPTRONICS AFTERMARKET IN UNMANNED AERIAL VEHICLES, BY TYPE, 2020–2025 (USD MILLION) 154
12.3.4 US 154
12.3.4.1 Presence of leading OEMs manufacturers drive the market 154
TABLE 72 US: AIRBORNE OPTRONICS MARKET, BY APPLICATION,
2017–2019 (USD MILLION) 154
TABLE 73 US: AIRBORNE OPTRONICS MARKET, BY APPLICATION,
2020–2025 (USD MILLION) 154
12.3.4.2 OEM market 155
TABLE 74 US: AIRBORNE OPTRONICS OEM MARKET IN FIXED WING AIRCRAFT,
BY TYPE, 2017–2019 (USD MILLION) 155
TABLE 75 US: AIRBORNE OPTRONICS OEM MARKET IN FIXED WING AIRCRAFT,
BY TYPE, 2020–2025 (USD MILLION) 155
TABLE 76 US: AIRBORNE OPTRONICS OEM MARKET IN ROTARY WING AIRCRAFT,
BY TYPE, 2017–2019 (USD MILLION) 155
TABLE 77 US: AIRBORNE OPTRONICS OEM MARKET IN ROTARY WING AIRCRAFT,
BY TYPE, 2020–2025 (USD MILLION) 156
TABLE 78 US: AIRBORNE OPTRONICS OEM MARKET IN URBAN AIR MOBILITY, BY TYPE, 2017–2019 (USD MILLION) 156
TABLE 79 US: AIRBORNE OPTRONICS OEM MARKET IN URBAN AIR MOBILITY, BY TYPE, 2020–2025 (USD MILLION) 156
TABLE 80 US: AIRBORNE OPTRONICS OEM MARKET IN UNMANNED AERIAL VEHICLES, BY TYPE, 2017–2019 (USD MILLION) 156
TABLE 81 US: AIRBORNE OPTRONICS OEM MARKET IN UNMANNED AERIAL VEHICLES, BY TYPE, 2020–2025 (USD MILLION) 157
12.3.4.3 Aftermarket 157
TABLE 82 US: AIRBORNE OPTRONICS AFTERMARKET IN FIXED WING AIRCRAFT,
BY TYPE, 2017–2019 (USD MILLION) 157
TABLE 83 US: AIRBORNE OPTRONICS AFTERMARKET IN FIXED WING AIRCRAFT,
BY TYPE, 2020–2025 (USD MILLION) 157
TABLE 84 US: AIRBORNE OPTRONICS AFTERMARKET IN ROTARY WING AIRCRAFT,
BY TYPE, 2017–2019 (USD MILLION) 158
TABLE 85 US: AIRBORNE OPTRONICS AFTERMARKET IN ROTARY WING AIRCRAFT,
BY TYPE, 2020–2025 (USD MILLION) 158
TABLE 86 US: AIRBORNE OPTRONICS AFTERMARKET IN UNMANNED AERIAL VEHICLES, BY TYPE, 2017–2019 (USD MILLION) 158
TABLE 87 US: AIRBORNE OPTRONICS AFTERMARKET IN UNMANNED AERIAL VEHICLES, BY TYPE, 2020–2025 (USD MILLION) 158
12.3.5 CANADA 159
12.3.5.1 Aircraft modernization programs expected to drive the market 159
TABLE 88 CANADA: AIRBORNE OPTRONICS MARKET, BY APPLICATION, 2017–2019 (USD MILLION) 159
TABLE 89 CANADA: AIRBORNE OPTRONICS MARKET, BY APPLICATION,
2020–2025 (USD MILLION) 159
12.3.5.2 OEM market 159
TABLE 90 CANADA: AIRBORNE OPTRONICS OEM MARKET IN FIXED WING AIRCRAFT,
BY TYPE, 2017–2019 (USD MILLION) 159
TABLE 91 CANADA: AIRBORNE OPTRONICS OEM MARKET IN FIXED WING AIRCRAFT,
BY TYPE, 2020–2025 (USD MILLION) 160
TABLE 92 CANADA: AIRBORNE OPTRONICS OEM MARKET IN URBAN AIR MOBILITY,
BY TYPE, 2017–2019 (USD MILLION) 160
TABLE 93 CANADA: AIRBORNE OPTRONICS OEM MARKET IN URBAN AIR MOBILITY,
BY TYPE, 2020–2025 (USD MILLION) 160
TABLE 94 CANADA: AIRBORNE OPTRONICS OEM MARKET IN UNMANNED AERIAL VEHICLES, BY TYPE, 2017–2019 (USD MILLION) 161
TABLE 95 CANADA: AIRBORNE OPTRONICS OEM MARKET IN UNMANNED AERIAL VEHICLES, BY TYPE, 2020–2025 (USD MILLION) 161
12.3.5.3 Aftermarket 161
TABLE 96 CANADA: AIRBORNE OPTRONICS AFTERMARKET IN FIXED WING AIRCRAFT, BY TYPE, 2017–2019 (USD MILLION) 161
TABLE 97 CANADA: AIRBORNE OPTRONICS AFTERMARKET IN FIXED WING AIRCRAFT, BY TYPE, 2020–2025 (USD MILLION) 162
TABLE 98 CANADA: AIRBORNE OPTRONICS AFTERMARKET IN ROTARY WING AIRCRAFT, BY TYPE, 2017–2019 (USD MILLION) 162
TABLE 99 CANADA: AIRBORNE OPTRONICS AFTERMARKET IN ROTARY WING AIRCRAFT, BY TYPE, 2020–2025 (USD MILLION) 162
TABLE 100 CANADA: AIRBORNE OPTRONICS AFTERMARKET IN UNMANNED AERIAL VEHICLES, BY TYPE, 2017–2019 (USD MILLION) 162
TABLE 101 CANADA: AIRBORNE OPTRONICS AFTERMARKET IN UNMANNED AERIAL VEHICLES, BY TYPE, 2020–2025 (USD MILLION) 163
12.4 EUROPE 163
FIGURE 29 EUROPE AIRBORNE OPTRONICS MARKET SNAPSHOT 164
12.4.1 PESTLE ANALYSIS: EUROPE 164
TABLE 102 EUROPE: AIRBORNE OPTRONICS MARKET, BY APPLICATION,
2017–2019 (USD MILLION) 165
TABLE 103 EUROPE: AIRBORNE OPTRONICS MARKET, BY APPLICATION,
2020–2025 (USD MILLION) 165
TABLE 104 EUROPE: AIRBORNE OPTRONICS MARKET SIZE, BY COUNTRY,
2017–2019 (USD MILLION) 166
TABLE 105 EUROPE: AIRBORNE OPTRONICS OEM MARKET SIZE, BY COUNTRY,
2020–2025 (USD MILLION) 166
12.4.2 OEM MARKET 167
TABLE 106 EUROPE: AIRBORNE OPTRONICS OEM MARKET IN FIXED WING AIRCRAFT,
BY TYPE, 2017–2019 (USD MILLION) 167
TABLE 107 EUROPE: AIRBORNE OPTRONICS OEM MARKET IN FIXED WING AIRCRAFT,
BY TYPE, 2020–2025 (USD MILLION) 167
TABLE 108 EUROPE: AIRBORNE OPTRONICS OEM MARKET IN ROTARY WING AIRCRAFT, BY TYPE, 2017–2019 (USD MILLION) 167
TABLE 109 EUROPE: AIRBORNE OPTRONICS OEM MARKET IN ROTARY WING AIRCRAFT, BY TYPE, 2020–2025 (USD MILLION) 167
TABLE 110 EUROPE: AIRBORNE OPTRONICS OEM MARKET IN URBAN AIR MOBILITY,
BY TYPE, 2017–2019 (USD MILLION) 168
TABLE 111 EUROPE: AIRBORNE OPTRONICS OEM MARKET IN URBAN AIR MOBILITY,
BY TYPE, 2020–2025 (USD MILLION) 168
TABLE 112 EUROPE: AIRBORNE OPTRONICS OEM MARKET IN UNMANNED AERIAL VEHICLES, BY TYPE, 2017–2019 (USD MILLION) 168
TABLE 113 EUROPE: AIRBORNE OPTRONICS OEM MARKET IN UNMANNED AERIAL VEHICLES, BY TYPE, 2020–2025 (USD MILLION) 169
12.4.3 AFTERMARKET 169
TABLE 114 EUROPE: AIRBORNE OPTRONICS AFTERMARKET IN FIXED WING AIRCRAFT,
BY TYPE, 2017–2019 (USD MILLION) 169
TABLE 115 EUROPE: AIRBORNE OPTRONICS AFTERMARKET IN FIXED WING AIRCRAFT,
BY TYPE, 2020–2025 (USD MILLION) 169
TABLE 116 EUROPE: AIRBORNE OPTRONICS AFTERMARKET IN ROTARY WING AIRCRAFT, BY TYPE, 2017–2019 (USD MILLION) 170
TABLE 117 EUROPE: AIRBORNE OPTRONICS AFTERMARKET IN ROTARY WING AIRCRAFT, BY TYPE, 2020–2025 (USD MILLION) 170
TABLE 118 EUROPE: AIRBORNE OPTRONICS AFTERMARKET IN UNMANNED AERIAL VEHICLES, BY TYPE, 2017–2019 (USD MILLION) 170
TABLE 119 EUROPE: AIRBORNE OPTRONICS AFTERMARKET IN UNMANNED AERIAL VEHICLES, BY TYPE, 2020–2025 (USD MILLION) 170
12.4.4 UK 171
12.4.4.1 Technological advancements and changed regulatory policies for unmanned aerial vehicles expected to drive the market in the UK 171
TABLE 120 UK: AIRBORNE OPTRONICS MARKET, BY APPLICATION,
2017–2019 (USD MILLION) 171
TABLE 121 UK: AIRBORNE OPTRONICS MARKET, BY APPLICATION,
2020–2025 (USD MILLION) 171
12.4.4.2 OEM market 172
TABLE 122 UK: AIRBORNE OPTRONICS OEM MARKET IN FIXED WING AIRCRAFT,
BY TYPE, 2017–2019 (USD MILLION) 172
TABLE 123 UK: AIRBORNE OPTRONICS OEM MARKET IN FIXED WING AIRCRAFT,
BY TYPE, 2020–2025 (USD MILLION) 172
TABLE 124 UK: AIRBORNE OPTRONICS OEM MARKET IN URBAN AIR MOBILITY,
BY TYPE, 2017–2019 (USD MILLION) 172
TABLE 125 UK: AIRBORNE OPTRONICS OEM MARKET IN URBAN AIR MOBILITY,
BY TYPE, 2020–2025 (USD MILLION) 173
TABLE 126 UK: AIRBORNE OPTRONICS OEM MARKET IN UNMANNED AERIAL VEHICLES, BY TYPE, 2017–2019 (USD MILLION) 173
TABLE 127 UK: AIRBORNE OPTRONICS OEM MARKET IN UNMANNED AERIAL VEHICLES, BY TYPE, 2020–2025 (USD MILLION) 173
12.4.4.3 Aftermarket 174
TABLE 128 UK: AIRBORNE OPTRONICS AFTERMARKET IN FIXED WING AIRCRAFT,
BY TYPE, 2017–2019 (USD MILLION) 174
TABLE 129 UK: AIRBORNE OPTRONICS AFTERMARKET IN FIXED WING AIRCRAFT,
BY TYPE, 2020–2025 (USD MILLION) 174
TABLE 130 UK: AIRBORNE OPTRONICS AFTERMARKET IN ROTARY WING AIRCRAFT,
BY TYPE, 2017–2019 (USD MILLION) 174
TABLE 131 UK: AIRBORNE OPTRONICS AFTERMARKET IN ROTARY WING AIRCRAFT,
BY TYPE, 2020–2025 (USD MILLION) 174
TABLE 132 UK: AIRBORNE OPTRONICS AFTERMARKET IN UNMANNED AERIAL VEHICLES, BY TYPE, 2017–2019 (USD MILLION) 175
TABLE 133 UK: AIRBORNE OPTRONICS AFTERMARKET IN UNMANNED AERIAL VEHICLES, BY TYPE, 2020–2025 (USD MILLION) 175
12.4.5 FRANCE 175
12.4.5.1 Heavy investments in the aerospace sector expected to drive the market 175
TABLE 134 FRANCE: AIRBORNE OPTRONICS MARKET, BY APPLICATION,
2017–2019 (USD MILLION) 175
TABLE 135 FRANCE: AIRBORNE OPTRONICS MARKET, BY APPLICATION,
2020–2025 (USD MILLION) 176
12.4.5.2 OEM market 176
TABLE 136 FRANCE: AIRBORNE OPTRONICS OEM MARKET IN FIXED WING AIRCRAFT,
BY TYPE, 2017–2019 (USD MILLION) 176
TABLE 137 FRANCE: AIRBORNE OPTRONICS OEM MARKET IN FIXED WING AIRCRAFT,
BY TYPE, 2020–2025 (USD MILLION) 176
TABLE 138 FRANCE: AIRBORNE OPTRONICS OEM MARKET IN ROTARY WING AIRCRAFT, BY TYPE, 2017–2019 (USD MILLION) 177
TABLE 139 FRANCE: AIRBORNE OPTRONICS OEM MARKET IN ROTARY WING AIRCRAFT, BY TYPE, 2020–2025 (USD MILLION) 177
TABLE 140 FRANCE: AIRBORNE OPTRONICS OEM MARKET IN URBAN AIR MOBILITY,
BY TYPE, 2017–2019 (USD MILLION) 177
TABLE 141 FRANCE: AIRBORNE OPTRONICS OEM MARKET IN URBAN AIR MOBILITY,
BY TYPE, 2020–2025 (USD MILLION) 177
TABLE 142 FRANCE: AIRBORNE OPTRONICS OEM MARKET IN UNMANNED AERIAL VEHICLES, BY TYPE, 2017–2019 (USD MILLION) 178
TABLE 143 FRANCE: AIRBORNE OPTRONICS OEM MARKET IN UNMANNED AERIAL VEHICLES, BY TYPE, 2020–2025 (USD MILLION) 178
12.4.5.3 Aftermarket 178
TABLE 144 FRANCE: AIRBORNE OPTRONICS AFTERMARKET IN FIXED WING AIRCRAFT,
BY TYPE, 2017–2019 (USD MILLION) 178
TABLE 145 FRANCE: AIRBORNE OPTRONICS AFTERMARKET IN FIXED WING AIRCRAFT,
BY TYPE, 2020–2025 (USD MILLION) 179
TABLE 146 FRANCE: AIRBORNE OPTRONICS AFTERMARKET IN ROTARY WING AIRCRAFT, BY TYPE, 2017–2019 (USD MILLION) 179
TABLE 147 FRANCE: AIRBORNE OPTRONICS AFTERMARKET IN ROTARY WING AIRCRAFT, BY TYPE, 2020–2025 (USD MILLION) 179
TABLE 148 FRANCE: AIRBORNE OPTRONICS AFTERMARKET IN UNMANNED AERIAL VEHICLES, BY TYPE, 2017–2019 (USD MILLION) 179
TABLE 149 FRANCE: AIRBORNE OPTRONICS AFTERMARKET IN UNMANNED AERIAL VEHICLES, BY TYPE, 2020–2025 (USD MILLION) 180
12.4.6 GERMANY 180
12.4.6.1 Growing investments in air travel and connectivity to drive the market 180
TABLE 150 GERMANY: AIRBORNE OPTRONICS MARKET, BY APPLICATION,
2017–2019 (USD MILLION) 180
TABLE 151 GERMANY: AIRBORNE OPTRONICS MARKET, BY APPLICATION,
2020–2025 (USD MILLION) 181
12.4.6.2 OEM market 181
TABLE 152 GERMANY: AIRBORNE OPTRONICS OEM MARKET IN URBAN AIR MOBILITY,
BY TYPE, 2017–2019 (USD MILLION) 181
TABLE 153 GERMANY: AIRBORNE OPTRONICS OEM MARKET IN URBAN AIR MOBILITY,
BY TYPE, 2020–2025 (USD MILLION) 181
TABLE 154 GERMANY: AIRBORNE OPTRONICS OEM MARKET IN UNMANNED AERIAL VEHICLES, BY TYPE, 2017–2019 (USD MILLION) 182
TABLE 155 GERMANY: AIRBORNE OPTRONICS OEM MARKET IN UNMANNED AERIAL VEHICLES, BY TYPE, 2020–2025 (USD MILLION) 182
12.4.6.3 Aftermarket 182
TABLE 156 GERMANY: AIRBORNE OPTRONICS AFTERMARKET I