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Land-based Situational Awareness Systems Market Size (2024 - 2029)

The Land-based Situational Awareness Systems Market is projected to experience steady growth over the forecast period, driven by an increase in global defense spending and the procurement of advanced armored vehicles. The market's expansion is further supported by the integration of advanced technologies and the introduction of innovative products that enhance situational awareness for armed forces. The demand for enhanced imaging capabilities, particularly through EO/IR sensors, is propelling the development of unmanned systems. Countries are increasingly adopting these systems to improve their situational awareness, although challenges remain in integrating high-performance systems within the constraints of size, weight, and power.

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Market Size of Land-based Situational Awareness Systems Industry

Land-based Situational Awareness Systems Market Summary
Study Period 2019-2029
Market Size (2024) USD 4.22 Billion
Market Size (2029) USD 5.30 Billion
CAGR (2024 - 2029) 4.69 %
Fastest Growing Market Asia Pacific
Largest Market North America
Market Concentration High

Major Players

Land-based Situational Awareness Systems Market Major Players

*Disclaimer: Major Players sorted in no particular order

Land-based Situational Awareness Systems Market Analysis

The Land-based Situational Awareness Systems Market size is estimated at USD 4.22 billion in 2024, and is expected to reach USD 5.30 billion by 2029, growing at a CAGR of 4.69% during the forecast period (2024-2029).

The surge in defense expenditure globally has aided the procurement of advanced armoured vehicles and has also propelled the growth of new situational awareness systems. With the integration of the advancement of technologies, new innovative products are entering the market, which will help the armed forces to increase situational awareness against multiple threats. Such developments are anticipated to bolster the growth of the market in the coming years.

The market studied is likely to grow steadily over the forecast period due to the growing demand for enhanced imaging capabilities for various manned and unmanned systems. These systems make use of EO/IR sensors. Countries have been progressively adopting these systems to increase their situational awareness. The demand for smart sensors with increased imagery capabilities has been driving the payload development of unmanned systems. One of such challenge is to meet the criteria of integrating high-performance systems for onboard processing within the size, weight, and power constraints.

Land-based Situational Awareness Systems Industry Segmentation

Land-based situational awareness systems, cover a wide range of distinct technologies, based on targets and their missions. These sensors include both visible spectrum and infrared sensors, due to which EO/IR systems provide total situational awareness during both day and night, even in low light conditions. Land-based situational awareness systems can be deployed in many ways. They are mounted on vehicles and can be man-portable. Their applications include but are not limited to security, combat, patrol, surveillance, reconnaissance, and search and rescue operations.

The land-based situational awareness systems market is segmented based on component, type, and geography. By component, the market is segmented into sensors, display and notification systems, and other components. The other components include acoustic systems and cameras. By type, the market is segmented into command, control, communication and computer, RADARs, optronics and other types. The other types includes gunshot detection system, laser warning and local situational awareness system. The report also covers the market sizes and forecasts for the land-based situational awareness market in major countries across different regions. For each segment, the market size is provided in terms of value (USD).

Component
Sensors
Displays and Notification Systems
Other Components
Type
Command, Control, Communication and Computer
RADARs
Optronics
Other Types
Geography
North America
United States
Canada
Europe
United Kingdom
France
Germany
Russia
Rest of Europe
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
Latin America
Brazil
Rest of Latin America
Middle-East and Africa
United Arab Emirates
Saudi Arabia
Turkey
Rest of Middle-East and Africa
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Land-based Situational Awareness Systems Market Size Summary

The land-based situational awareness systems market is poised for steady growth over the forecast period, driven by the increasing global defense expenditure and the demand for advanced imaging capabilities in both manned and unmanned systems. The integration of cutting-edge technologies has led to the development of innovative products that enhance situational awareness against various threats. This trend is further supported by the miniaturization of electronics, which is facilitating the demand for advanced sensors. These sensors are crucial for improving the situational awareness of land systems, as evidenced by recent contracts awarded to companies like RTX Corporation and General Dynamics Mission Systems for advanced sensor systems. The market is characterized by a few dominant players, such as Leonardo S.p.A., THALES, Elbit Systems Ltd., BAE Systems plc, and Safran, who are expanding their market share through strategic investments in research and development.

The market's growth is also fueled by geopolitical tensions and cross-border conflicts, particularly in regions like Asia, where countries such as China, India, and Japan are significantly increasing their military budgets. These nations are procuring advanced armored vehicles and sophisticated situational awareness systems to bolster their defense capabilities. Partnerships and collaborations, such as those between Elbit Systems and Hanwha Defence Australia, and BAE Systems with Larsen & Toubro Limited, are further driving market expansion by introducing advanced systems to enhance military combat readiness. The rivalry in the market is expected to intensify with the entry of new players, who are leveraging their expertise in defense applications to improve local situational awareness in armored vehicles.

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Land-based Situational Awareness Systems Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Overview

    2. 1.2 Market Drivers

    3. 1.3 Market Restraints

    4. 1.4 Porter's Five Forces Analysis

      1. 1.4.1 Threat of New Entrants

      2. 1.4.2 Bargaining Power of Buyers/Consumers

      3. 1.4.3 Bargaining Power of Suppliers

      4. 1.4.4 Threat of Substitute Products

      5. 1.4.5 Intensity of Competitive Rivalry

  2. 2. MARKET SEGMENTATION

    1. 2.1 Component

      1. 2.1.1 Sensors

      2. 2.1.2 Displays and Notification Systems

      3. 2.1.3 Other Components

    2. 2.2 Type

      1. 2.2.1 Command, Control, Communication and Computer

      2. 2.2.2 RADARs

      3. 2.2.3 Optronics

      4. 2.2.4 Other Types

    3. 2.3 Geography

      1. 2.3.1 North America

        1. 2.3.1.1 United States

        2. 2.3.1.2 Canada

      2. 2.3.2 Europe

        1. 2.3.2.1 United Kingdom

        2. 2.3.2.2 France

        3. 2.3.2.3 Germany

        4. 2.3.2.4 Russia

        5. 2.3.2.5 Rest of Europe

      3. 2.3.3 Asia-Pacific

        1. 2.3.3.1 China

        2. 2.3.3.2 India

        3. 2.3.3.3 Japan

        4. 2.3.3.4 South Korea

        5. 2.3.3.5 Rest of Asia-Pacific

      4. 2.3.4 Latin America

        1. 2.3.4.1 Brazil

        2. 2.3.4.2 Rest of Latin America

      5. 2.3.5 Middle-East and Africa

        1. 2.3.5.1 United Arab Emirates

        2. 2.3.5.2 Saudi Arabia

        3. 2.3.5.3 Turkey

        4. 2.3.5.4 Rest of Middle-East and Africa

Land-based Situational Awareness Systems Market Size FAQs

The Land-based Situational Awareness Systems Market size is expected to reach USD 4.22 billion in 2024 and grow at a CAGR of 4.69% to reach USD 5.30 billion by 2029.

In 2024, the Land-based Situational Awareness Systems Market size is expected to reach USD 4.22 billion.

Land-based Situational Awareness Systems Market Report Snapshots

Land-based Situational Awareness Systems Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)