Dublin, Jan. 07, 2025 (GLOBE NEWSWIRE) -- The "Thermal Countermeasure Market Report 2024-2034" report has been added to ResearchAndMarkets.com's offering.
Overall Global revenue for Thermal Countermeasure Market will surpass US$13.5 billion in 2024
The report predicts strong revenue growth through to 2034. The work identifies which organizations hold the greatest potential. Discover their capabilities, progress, and commercial prospects, helping you stay ahead. This report will prove invaluable to leading firms striving for new revenue pockets if they wish to better understand the industry and its underlying dynamics. It will be useful for companies that would like to expand into different industries or to expand their existing operations in a new region.
Technological Advancements in Countermeasure Systems
Recent advancements in decoy flares, infrared (IR) jammers, and other thermal countermeasure technologies have significantly improved the effectiveness of defense systems. Innovations such as directional infrared countermeasures (DIRCM) and laser-based systems have improved the ability of military platforms to defend themselves from missile attacks, thus increasing the demand for such technologies.
The integration of artificial intelligence (AI) and sensor fusion in countermeasure systems is enhancing their accuracy and efficiency. AI-driven systems can detect missile threats more rapidly and deploy thermal countermeasures more effectively, ensuring higher levels of protection.
Regulatory and Government Support
Governments worldwide are issuing contracts to defense companies for the development and production of thermal countermeasures. For instance, the U.S. Department of Defense (DoD) and NATO countries have increased their budgets for such technologies, stimulating market growth. Programs like the U.S. Next Generation Jammer (NGJ) also encourage innovation in countermeasure technology.
On January 2024, The US Department of Defense (DoD) announced a $16.5m contract to Northrop Grumman for LAIRCM Generation 3 Pods to be installed upon KC-135 aircraft, expected to be completed by March 23, 2026. As a combination of a missile warning system and an infrared jammer countermeasure system, the LAIRCM system works by detecting incoming infrared missiles (such as those launched from a MANPADS system) determining if the missile is a threat, and then jamming the heat seeking element of the missile with a high intensity laser beam.
Key Questions Answered
- How is the thermal countermeasure market evolving?
- What is driving and restraining the thermal countermeasure market?
- How will each thermal countermeasure submarket segment grow over the forecast period and how much revenue will these submarkets account for in 2034?
- How will the market shares for each thermal countermeasure submarket develop from 2024 to 2034?
- What will be the main driver for the overall market from 2024 to 2034?
- Will leading thermal countermeasure markets broadly follow the macroeconomic dynamics, or will individual national markets outperform others?
- How will the market shares of the national markets change by 2034 and which geographical region will lead the market in 2034?
- Who are the leading players and what are their prospects over the forecast period?
- What are the thermal countermeasure projects for these leading companies?
- How will the industry evolve during the period between 2024 and 2034? What are the implications of thermal countermeasure projects taking place now and over the next 10 years?
- Is there a greater need for product commercialisation to further scale the thermal countermeasure market?
- Where is the thermal countermeasure market heading and how can you ensure you are at the forefront of the market?
- What are the best investment options for new product and service lines?
- What are the key prospects for moving companies into a new growth path and C-suite?
Thermal Countermeasure Market Impact Analysis
Market Driving Factors
- Advancements in Technology
- Military Modernization Programs Across Key Geographies
Market Restraining Factors
- High Development Costs
- Regulatory Challenges
Market Opportunities
- Growing Defense Budgets
- Rise in Asymmetric Warfare
Regulatory Framework
Emerging Markets and Megatrends
Porter's Five Forces Analysis
PEST Analysis
Company Profiles
- BAE Systems
- Bharat Dynamics Limited
- Chemring Group PLC
- Elbit Systems Ltd.
- L3Harris Technologies, Inc.
- Leonardo S.p.A.
- MBDA
- Northrop Grumman
- Rheinmetall AG
- RUAG
Segments Covered in the Report
Product Type
- Jammer
- Flare Dispenser
- Directed Infrared Countermeasure
- IR Suppressor
- Others
Platform
- Fixed Wing
- Rotary Wing
- UAV
Integration Type
- Fuselage
- Wing
- Nose
North America
- U.S.
- Canada
Europe
- Germany
- UK
- France
- Spain
- Italy
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia Pacific
Latin America
- Brazil
- Mexico
- Rest of Latin America
MEA
- GCC
- South Africa
- Rest of MEA
For more information about this report visit https://www.researchandmarkets.com/r/mqy10v
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