DUBLIN–(BUSINESS WIRE)–The “Multiple Integrated Laser Engagement System – Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s offering.
Global Multiple Integrated Laser Engagement System Market to Reach 24.2 Million Units by the Year 2027
Amid the COVID-19 crisis, the global market for Multiple Integrated Laser Engagement System estimated at 17.7 Million Units in the year 2020, is projected to reach a revised size of 24.2 Million Units by 2027, growing at a CAGR of 4.6% over the period 2020-2027.
Soldiers, one of the segments analyzed in the report, is projected to grow at a 4.8% CAGR to reach 19 Million Units by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Vehicles segment is readjusted to a revised 4% CAGR for the next 7-year period. This segment currently accounts for a 22.7% share of the global Multiple Integrated Laser Engagement System market.
The U.S. Accounts for Over 29.5% of Global Market Size in 2020, While China is Forecast to Grow at a 4.3% CAGR for the Period of 2020-2027
The Multiple Integrated Laser Engagement System market in the U. S. is estimated at 5.2 Million Units in the year 2020. The country currently accounts for a 29.45% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of 4.3 Million Units in the year 2027 trailing a CAGR of 4.3% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.4% and 3.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.8% CAGR while Rest of European market (as defined in the study) will reach 4.3 Million Units by the year 2027.
The report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Competitors identified in this market include, among others:
Key Topics Covered:
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/7aarzx
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