Argentina Military Image Intensifier Market
Argentina Military Image Intensifier Market Research Report By Application (Surveillance, Reconnaissance, Target Acquisition, Night Vision), By Technology (Gen 2 Technology, Gen 3 Technology, Thermal Imaging, Digital Surveillance), By End Use (Defense, Homeland Security, Commercial) and By Component Type (Image Intensifier Tubes, Optics, Mounting Accessories, Power Supply)- Forecast to 2035
Industry Developments
The Argentina Military Image Intensifier Market is currently seeing significant development, with multiple companies focusing on advancements in technology. In August 2023, Elbit Systems announced an expansion of its operations in Argentina, which will include the production of advanced image intensifier devices tailored for local military needs. This move aligns with the Argentine government's efforts to modernize its military capabilities. In July 2023, Thales Group introduced new night vision solutions, enhancing the operational capacity of the Argentine armed forces. Furthermore, the Argentine defense budget for 2023 indicates a 15% increase in funding for technology enhancements, including image intensifiers, reflecting the government's commitment to improving national defense.
Recent mergers and acquisitions include Rheinmetall’s successful acquisition of a local defense firm in April 2023, aimed at boosting local production capabilities and technological transfers. As of the last two years, the market has experienced a robust growth trend, with companies like Northrop Grumman and General Dynamics investing heavily in Research and Development in the region, indicating a bright future for military technology in Argentina.
Report Scope
| Report Attribute/Metric Source: | Details |
| MARKET SIZE 2023 | 67.2(USD Million) |
| MARKET SIZE 2024 | 71.0(USD Million) |
| MARKET SIZE 2035 | 147.0(USD Million) |
| COMPOUND ANNUAL GROWTH RATE (CAGR) | 6.84% (2025 - 2035) |
| REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| BASE YEAR | 2024 |
| MARKET FORECAST PERIOD | 2025 - 2035 |
| HISTORICAL DATA | 2019 - 2024 |
| MARKET FORECAST UNITS | USD Million |
| KEY COMPANIES PROFILED | Oshkosh Corporation, Thales Group, SAAB, General Dynamics, Elbit Systems, L3Harris Technologies, Leonardo, Rheinmetall, Raytheon Technologies, ISO Group, Hensoldt, Textron, Intersupport, Northrop Grumman, BAE Systems |
| SEGMENTS COVERED | Application, Technology, End Use, Component Type |
| KEY MARKET OPPORTUNITIES | Increased defense spending, Modernization of military equipment, Rising demand for surveillance systems, Technological advancements in optics, Strengthening regional security partnerships |
| KEY MARKET DYNAMICS | Increasing defense budgets, Demand for modernization, Technological advancements, Rising border security threats, Strategic partnerships and collaborations |
| COUNTRIES COVERED | Argentina |
FAQs
What is the current market size of the Argentina Military Image Intensifier Market as of 2024?
The Argentina Military Image Intensifier Market is expected to be valued at 71.0 million USD in 2024.
What is the forecasted market size for the Argentina Military Image Intensifier Market in 2035?
The market is projected to reach 147.0 million USD by the year 2035.
What is the expected compound annual growth rate (CAGR) for the Argentina Military Image Intensifier Market from 2025 to 2035?
The expected CAGR for the market from 2025 to 2035 is 6.84%.
Which application segment is expected to have the highest market share in 2035?
The Surveillance application segment is anticipated to lead the market with a value of 42.5 million USD in 2035.
What are the key applications of the Argentina Military Image Intensifier Market?
The key applications are Surveillance, Reconnaissance, Target Acquisition, and Night Vision.
What is the estimated market value for the Reconnaissance application in 2035?
The Reconnaissance application segment is expected to be valued at 37.5 million USD in 2035.
Which companies are considered major players in the Argentina Military Image Intensifier Market?
Key players include Oshkosh Corporation, Thales Group, SAAB, General Dynamics, and Elbit Systems.
How much is the Night Vision application predicted to be worth in 2024?
The Night Vision application is expected to be valued at 17.0 million USD in 2024.
What challenges does the Argentina Military Image Intensifier Market face currently?
Challenges include the need for technological advancements and addressing competitive pricing pressures.
What is the growth outlook for the Target Acquisition application segment by 2035?
The Target Acquisition segment is predicted to reach a value of 32.0 million USD by 2035.
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