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Multiple Integrated Laser Engagement Systems (MILES) - Global Strategic Business Report

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    Report

  • 169 Pages
  • March 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 5140451
The global market for Multiple Integrated Laser Engagement Systems (MILES) is estimated at US$968.3 Million in 2023 and is projected to reach US$1.7 Billion by 2030, growing at a CAGR of 7.4% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

Key Insights:

  • Market Growth: Understand the significant growth trajectory of the Soldiers end-use segment, which is expected to reach US$1.4 Billion by 2030 with a CAGR of 7.5%. The Vehicles end-use segment is also set to grow at 7% CAGR over the next 8 years.
  • Regional Analysis: Gain insights into the U.S. market, estimated at $434.5 Million in 2023, and China, forecasted to grow at an impressive 9.1% CAGR to reach $135.6 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

  • Detailed Market Analysis: Access a thorough analysis of the Global Multiple Integrated Laser Engagement Systems (MILES) Market, covering all major geographic regions and market segments.
  • Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
  • Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Multiple Integrated Laser Engagement Systems (MILES) Market.
  • Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

  • How is the Global Multiple Integrated Laser Engagement Systems (MILES) Market expected to evolve by 2030?
  • What are the main drivers and restraints affecting the market?
  • Which market segments will grow the most over the forecast period?
  • How will market shares for different regions and segments change by 2030?
  • Who are the leading players in the market, and what are their prospects?

Report Features:

  • Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
  • In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
  • Company Profiles: Coverage of major players such as Lockheed Martin Corporation, Cubic Corporation, General Dynamics Mission Systems, Inc., and more.
  • Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 32 Featured):

  • Lockheed Martin Corporation
  • Cubic Corporation
  • General Dynamics Mission Systems, Inc.
  • Rheinmetall AG
  • Zen Technologies Ltd.
  • Bagira

MarketGlass Platform

Our reports are enhanced by the MarketGlass platform, which brings together industry experts and influencers to provide high-quality, accurate insights. This unique platform allows us to gather comprehensive data and market perspectives, ensuring you receive the most reliable and detailed analysis available.

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Multiple Integrated Laser Engagement Systems (MILES) - Global Key Competitors Percentage Market Share in 2023 (E)
  • Laser Technology in Military & Defense Takes Huge Strides: A Primer
  • How the Military & Defense Industry is Impacted by the Pandemic & What’s the New Normal?
  • Way Forward to the New Normal
  • Global Defense & Related Technologies Market Reset & Trajectory - Growth Outlook (In %) For Years 2019 Through 2025
  • Multiple Integrated Laser Engagement System (MILES): Definition & Importance
  • Recent Market Activity
  • Innovations
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Despite the Hype About Electronic Warfare, Military Troops Still Remain the Touch Point for Defense & Battle. Training Them With Firearms Skills Becomes the Highest Prerogative
  • Soldiers Still Remain the Army’s Greatest Asset & the Most Important Weapon System Underlining the Need to Train & Sharpen Their Marksmanship With MILES: Global Active Ready-to-Fight Military Manpower (In 000s) by Country
  • Focus on Reducing Costs of Military Training Drives the Value of MILES
  • Technology Innovations & Advancements Remain Crucial to Growth
  • Critical Importance of Military Training in Preparing Defense Teams for Battlefield Operations Fuels Adoption of MILES Technology
  • Simulators & Simulations Add New Level of Effectiveness in Military Training
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Recent Past, Current & Future Analysis for Multiple Integrated Laser Engagement Systems (MILES) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 2: World 7-Year Perspective for Multiple Integrated Laser Engagement Systems (MILES) by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2024 & 2030
  • Table 3: World Recent Past, Current & Future Analysis for Soldiers by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 4: World 7-Year Perspective for Soldiers by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2024 & 2030
  • Table 5: World Recent Past, Current & Future Analysis for Vehicles by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 6: World 7-Year Perspective for Vehicles by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2024 & 2030
  • Table 7: World Multiple Integrated Laser Engagement Systems (MILES) Market Analysis of Annual Sales in US$ Thousand for Years 2020 through 2030
III. MARKET ANALYSIS
UNITED STATES
  • Multiple Integrated Laser Engagement Systems (MILES) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
  • Table 8: USA Recent Past, Current & Future Analysis for Multiple Integrated Laser Engagement Systems (MILES) by End-Use - Soldiers and Vehicles - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 9: USA 7-Year Perspective for Multiple Integrated Laser Engagement Systems (MILES) by End-Use - Percentage Breakdown of Value Sales for Soldiers and Vehicles for the Years 2024 & 2030
CANADA
  • Table 10: Canada Recent Past, Current & Future Analysis for Multiple Integrated Laser Engagement Systems (MILES) by End-Use - Soldiers and Vehicles - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 11: Canada 7-Year Perspective for Multiple Integrated Laser Engagement Systems (MILES) by End-Use - Percentage Breakdown of Value Sales for Soldiers and Vehicles for the Years 2024 & 2030
JAPAN
  • Multiple Integrated Laser Engagement Systems (MILES) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
  • Table 12: Japan Recent Past, Current & Future Analysis for Multiple Integrated Laser Engagement Systems (MILES) by End-Use - Soldiers and Vehicles - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 13: Japan 7-Year Perspective for Multiple Integrated Laser Engagement Systems (MILES) by End-Use - Percentage Breakdown of Value Sales for Soldiers and Vehicles for the Years 2024 & 2030
CHINA
  • Multiple Integrated Laser Engagement Systems (MILES) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
  • Table 14: China Recent Past, Current & Future Analysis for Multiple Integrated Laser Engagement Systems (MILES) by End-Use - Soldiers and Vehicles - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 15: China 7-Year Perspective for Multiple Integrated Laser Engagement Systems (MILES) by End-Use - Percentage Breakdown of Value Sales for Soldiers and Vehicles for the Years 2024 & 2030
EUROPE
  • Multiple Integrated Laser Engagement Systems (MILES) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
  • Table 16: Europe Recent Past, Current & Future Analysis for Multiple Integrated Laser Engagement Systems (MILES) by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 17: Europe 7-Year Perspective for Multiple Integrated Laser Engagement Systems (MILES) by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2024 & 2030
  • Table 18: Europe Recent Past, Current & Future Analysis for Multiple Integrated Laser Engagement Systems (MILES) by End-Use - Soldiers and Vehicles - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 19: Europe 7-Year Perspective for Multiple Integrated Laser Engagement Systems (MILES) by End-Use - Percentage Breakdown of Value Sales for Soldiers and Vehicles for the Years 2024 & 2030
FRANCE
  • Multiple Integrated Laser Engagement Systems (MILES) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2024 (E)
  • Table 20: France Recent Past, Current & Future Analysis for Multiple Integrated Laser Engagement Systems (MILES) by End-Use - Soldiers and Vehicles - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 21: France 7-Year Perspective for Multiple Integrated Laser Engagement Systems (MILES) by End-Use - Percentage Breakdown of Value Sales for Soldiers and Vehicles for the Years 2024 & 2030
GERMANY
  • Multiple Integrated Laser Engagement Systems (MILES) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2024 (E)
  • Table 22: Germany Recent Past, Current & Future Analysis for Multiple Integrated Laser Engagement Systems (MILES) by End-Use - Soldiers and Vehicles - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 23: Germany 7-Year Perspective for Multiple Integrated Laser Engagement Systems (MILES) by End-Use - Percentage Breakdown of Value Sales for Soldiers and Vehicles for the Years 2024 & 2030
ITALY
  • Table 24: Italy Recent Past, Current & Future Analysis for Multiple Integrated Laser Engagement Systems (MILES) by End-Use - Soldiers and Vehicles - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 25: Italy 7-Year Perspective for Multiple Integrated Laser Engagement Systems (MILES) by End-Use - Percentage Breakdown of Value Sales for Soldiers and Vehicles for the Years 2024 & 2030
UNITED KINGDOM
  • Multiple Integrated Laser Engagement Systems (MILES) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2024 (E)
  • Table 26: UK Recent Past, Current & Future Analysis for Multiple Integrated Laser Engagement Systems (MILES) by End-Use - Soldiers and Vehicles - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 27: UK 7-Year Perspective for Multiple Integrated Laser Engagement Systems (MILES) by End-Use - Percentage Breakdown of Value Sales for Soldiers and Vehicles for the Years 2024 & 2030
REST OF EUROPE
  • Table 28: Rest of Europe Recent Past, Current & Future Analysis for Multiple Integrated Laser Engagement Systems (MILES) by End-Use - Soldiers and Vehicles - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 29: Rest of Europe 7-Year Perspective for Multiple Integrated Laser Engagement Systems (MILES) by End-Use - Percentage Breakdown of Value Sales for Soldiers and Vehicles for the Years 2024 & 2030
ASIA-PACIFIC
  • Multiple Integrated Laser Engagement Systems (MILES) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
  • Table 30: Asia-Pacific Recent Past, Current & Future Analysis for Multiple Integrated Laser Engagement Systems (MILES) by End-Use - Soldiers and Vehicles - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 31: Asia-Pacific 7-Year Perspective for Multiple Integrated Laser Engagement Systems (MILES) by End-Use - Percentage Breakdown of Value Sales for Soldiers and Vehicles for the Years 2024 & 2030
REST OF WORLD
  • Table 32: Rest of World Recent Past, Current & Future Analysis for Multiple Integrated Laser Engagement Systems (MILES) by End-Use - Soldiers and Vehicles - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 33: Rest of World 7-Year Perspective for Multiple Integrated Laser Engagement Systems (MILES) by End-Use - Percentage Breakdown of Value Sales for Soldiers and Vehicles for the Years 2024 & 2030
IV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Lockheed Martin Corporation
  • Cubic Corporation
  • General Dynamics Mission Systems, Inc.
  • Rheinmetall AG
  • Zen Technologies Ltd.
  • Bagira

Table Information