Global Multiple Integrated Laser Engagement Systems (MILES) Strategic Research Report 2023

DUBLIN, Nov. 28, 2023 /PRNewswire/ -- The "Multiple Integrated Laser Engagement Systems (MILES) - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Global Multiple Integrated Laser Engagement Systems (MILES) Market to Reach $1.7 Billion by 2030

The global market for Multiple Integrated Laser Engagement Systems (MILES) estimated at US$899.2 Million in the year 2022, is projected to reach a revised size of US$1.7 Billion by 2030, growing at a CAGR of 8.4% over the analysis period 2022-2030.

Soldiers, one of the segments analyzed in the report, is projected to record 8.6% CAGR and reach US$1.4 Billion by the end of the analysis period. Growth in the Vehicles segment is estimated at 7.9% CAGR for the next 8-year period.

The U.S. Market is Estimated at $404.9 Million, While China is Forecast to Grow at 10.3% CAGR

The Multiple Integrated Laser Engagement Systems (MILES) market in the U.S. is estimated at US$404.9 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$135.6 Million by the year 2030 trailing a CAGR of 10.3% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.8% and 7.4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 8% CAGR.

What`s New?

• Special discussions on the global economic climate and market sentiment
• Coverage on global competitiveness and key competitor percentage market shares
• Market presence analysis across multiple geographies - Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to digital archives and trademarked research platform
• Complimentary updates for one year
• Access to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes

MARKET OVERVIEW

• Multiple Integrated Laser Engagement Systems (MILES) - Global Key Competitors Percentage Market Share in 2022 (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 2022 (E)

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

FOCUS ON SELECT PLAYERS (Total 32 Featured)

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

For more information about this report visit https://www.researchandmarkets.com/r/oujymo

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