The global airborne optronics market was valued at USD 2.03 billion in 2023 and is projected to grow to USD 4.96 billion by 2032, expanding at a CAGR of 8.8% during the forecast period (2024–2032). In 2023, North America led the market with a 34.98% share, driven by robust defense spending and the presence of major aerospace companies.

What is Airborne Optronics?

Airborne optronics integrates optical and electronic technologies to enhance surveillance, targeting, and navigation in both manned and unmanned aircraft. It leverages infrared sensors, digital imaging, laser rangefinders, and other systems to deliver high-resolution, real-time data to operators, boosting mission effectiveness, safety, and situational awareness.

Key Companies Profiled

• L3Harris Technologies (U.S.)
• Safran (France)
• Elbit Systems (Israel)
• Hensoldt AG (Germany)
• Northrop Grumman (U.S.)
• Lockheed Martin (U.S.)
• Collins Aerospace (U.S.)
• FLIR Systems (U.S.)
• Thales (France)
• Leonardo S.p.A. (Italy)

Information Source:

https://www.fortunebusinessinsights.com/airborne-optronics-market-108108

Market Segmentation Highlights

By Aircraft Type: