A laser designator is a laser light source which is used to designate a target. Laser designators provide targeting for laser-guided bombs, missiles, or precision artillery munitions, such as the Paveway series of bombs, AGM-114 Hellfire, or the M712 Copperhead round, respectively. When a target is marked by a designator, the beam is invisible and does not shine continuously. Instead, a series of coded pulses of laser light are fired. These signals bounce off the target into the sky, where they are detected by the seeker on the laser-guided munition, which steers itself towards the centre of the reflected signal.
This report contains market size and forecasts of Laser Designator in global, including the following market information:
Global Laser Designator Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Laser Designator Market Sales, 2017-2022, 2023-2028, (Units)
Global top five Laser Designator companies in 2021 (%)
The global Laser Designator market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Ground-based Laser Designator Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Laser Designator include L3 Technologies, Leonardo, Northrop Grumman, Thales, Elbit Systems, FLIR Systems, General Atomics, UTC Aerospace Systems and Gooch & Housego, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Laser Designator manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Laser Designator Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Laser Designator Market Segment Percentages, by Type, 2021 (%)
Ground-based Laser Designator
Air-borne Laser Designator
Global Laser Designator Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Laser Designator Market Segment Percentages, by Application, 2021 (%)
Military & Defense
Homeland Security
Global Laser Designator Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Laser Designator 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 Laser Designator revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Laser Designator revenues share in global market, 2021 (%)
Key companies Laser Designator sales in global market, 2017-2022 (Estimated), (Units)
Key companies Laser Designator sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
L3 Technologies
Leonardo
Northrop Grumman
Thales
Elbit Systems
FLIR Systems
General Atomics
UTC Aerospace Systems
Gooch & Housego
RPMC Lasers
Alpha Design Technologies