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Target acquisition systems are a multi-use weapon system which is used for identification, location & detection of the target to permit the effective employment of lethal & non-lethal weapons. Target includes a wide array of resources that an enemy commander can use to conduct operations including mobile and stationary units, forces, equipment, capabilities, facilities, persons and functions. Target acquisition can be considered as the process of a weapon system to decide which object to lock on to, as opposed to surveillance on one and target tracking. Talent acquisition systems are in high demand due to their increased use in intelligence, surveillance & reconnaissance (ISR) missions. Target acquisition systems also work parallel with the missile and bomb guidance mechanisms & battlefield management systems.
COVID-19 Scenario analysis:
Advancements in automatic weapons, increase in defence expenditure of countries, rise in demand for artillery systems by military forces, and ongoing military modernization programs worldwide are some of the major factors expected to drive the growth of target acquisition systems market. However, the high operational cost of target acquisition systems is a factor that may hamper growth of the global target acquisition systems market. Although, growing investment in the research & development (R&D) sector for the development of technologically advanced systems for defence applications are the opportunistic for the future
The recent technological advancements in the talent acquisition systems is contributing significantly in the growth of the global target acquisition systems market. Such systems have high demand among several countries. For instance, in November 2018, Israel aerospace industries secured a contract worth 550 million USD from an Asia-Pacific country for the supply of its advanced Sky Capture air-defence system. Hence, further advancements in automatic weapons will continue to contribute in the demand of talent acquisition market.Â
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Questions answered in the target acquisition systemsmarket research report:
Target Acquisition Systems Market Report Highlights
Aspects | Details |
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By Sub System |
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By Platform |
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By End Use |
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By Range |
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By Region |
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Key Market Players | BAE Systems., Lockheed Martin Corporation, Raytheon Technologies Corporation, INSTRO PRECISION, IAI, ASELSAN A.?., Thales Group, Elbit Systems Ltd., Rheinmetall AG, Safran |
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