Military fire control systems are mounted or integrated on the naval fleets, weapons, aircraft and vehicles. Based on components, the market is segmented into electro-optical/infrared (EO/IR) sensors, control, communications, computers, and intelligence (C4I), global positioning system (GPS), radar and gun data computer. In 2016, among the various components, control, communications, computers, and intelligence (C4I) segment dominated the market followed by global positioning system (GPS). In addition, remotely operated vehicle (ROV) is also expected to grow at the highest rate for the coming years. These systems are designed to assist a weapon system in hitting its target Increasing focus towards the deployment of precision-guided weapons is one of the key factor fuelling the demand of the military fire control systems market in the coming years.
Based on platform, the market is segmented into airborne, naval and land. In 2016, the naval segment dominated the market followed by air and this segment is anticipated to be dominant in the coming years. In addition, naval segment is anticipated to grow at the highest rate for in the coming years. Increase in the terror attacks through sea and increasing illegal dealings in oceans are forcing naval segment to enhance their combat system which in turn helping the naval segment of military fire control systems market to boost during the estimate period of 2017 – 2025. Major defense contractors have started preparing naval vessels with fire control systems that allow effective precision and detection while aiming.
Increase in the demand for automated fire control systems is the major driver driving the market for the military fire control systems market during the estimate period of 2017 – 2025. Development of consolidated fire control systems is one of the key factor fuelling the demand of the military fire control systems market in the coming years. However, continued usage of smoke screens is major factor restraining the market for the military fire control system in the coming years.
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The geographical split of the market includes North America, Asia Pacific, Europe, Latin America, and Middle East and Africa. In 2016, North America was slated to be the key market followed by Europe. In 2016, the U.S. was the major market for North America as well as globally. Increasing anti-terrorism mission is one of the major factor fuelling the demand of military fire control systems market in the U.S. as well as in North America.
In addition, North America will witness an increased demand for the procurement and development of advanced weapon systems to support military missions and operations across several locations. Europe is anticipated to grow at the stable rate in the coming years. The U.K. and Germany are the major market for the military fire control systems in Europe. Increase in the use of automation system in fire control systems is one of the key factor fuelling the demand of military fire control systems in Europe.
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