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Global Airborne Optronics Market (2020 to 2025) – Emergence of Urban Air Mobility Platforms Presents Opportunities

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Dublin, April 21, 2021 (GLOBE NEWSWIRE) — The “Airborne Optronics Market by End Use, System, Technology (Hyperspectral, Multispectral), Application (Commercial, Military, Space), Aircraft Type (Fixed Wing, Rotary Wing, Urban Air Mobility, Unmanned Aerial Vehicles) and Region – Forecast to 2025” report has been added to ResearchAndMarkets.com’s offering.

The global airborne optronics market size is projected to grow from USD 1.4 billion in 2020 to USD 2.5 billion by 2025, at a CAGR of 12.7% from 2020 to 2025.

The market is driven by various factors, such as a growing fleet of commercial and combat aircraft and increased deployment of electro-optics in unmanned vehicles.

The airborne optronics market includes major players Northrop Grumman Corporation (US), Thales SA (France), Safran (France), FLIR Systems, Inc. (US), and Elbit Systems Ltd. (Israel). These players have spread their business across various countries includes North America, Europe, Asia Pacific, Middle East, Africa, and Latin America. COVID-19 has impacted their businesses as well. Industry experts believe that COVID-19 could affect airborne optronics production and services by 7-10% globally in 2020.

Surveillance system: The largest segment of the airborne optronics market, by system.

The surveillance system segment is expected to be the largest market by value. The growth of the surveillance system segment of the airborne optronics market can be attributed to the increasing usage of small UAVs in the military sector along with long-range and high-altitude UAVs to provide battlefield intelligence. Small UAVs help monitor enemy forces or specific areas and send video feedback to ground stations with the help of GPS. UAVs are used for ISR operations to record information of potential targets that are otherwise challenging to detect.

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Multispectral: The fastest-growing segment of the airborne optronics market, by technology.

Based on technology, the multispectral segment is projected to be the highest CAGR rate for the airborne optronics market during the forecast period. The growth of the multispectral segment of the airborne optronics market can be attributed to the low-cost multispectral imaging system which is considered to be the best fit for unmanned autonomous aircraft.

Commercial: The fastest-growing segment of the airborne optronics market, by application.

Based on the application, the commercial segment is projected to be the highest CAGR rate for the airborne optronics market during the forecast period. This growth can be attributed to various commercial applications of airborne optronics. The use of drones is not limited to aerial imaging and surveying applications. UAVs are also integrated with artificial intelligence (AI) to carry out a range of commercial operations, including preventive maintenance, rapid emergency response, facility surveys, security, and land surveys. The demand for drone services in different verticals is also increasing, with the rise in the use of UAVs.

Unmanned Aerial Vehicles: The fastest-growing segment of the airborne optronics market, by aircraft type.

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Based on aircraft type, the unmanned aerial vehicles segment is projected to grow at the highest CAGR rate for the airborne optronics market during the forecast period. UAVs are commonly termed drones and are mostly known for their wide usage in various military missions such as border surveillance. They are also used for mapping, surveying, and determining weather conditions of a specific area. Certain remotely piloted UAVs are designed to operate as loitering munition for defense forces. These UAVs are equipped with high-resolution cameras and electro-optics and infrared systems that help them carry out surveillance activities and identify the location of a target. Once located, the UAV is guided towards the target to destroy it.

OEM: The fastest-growing segment of the airborne optronics market, by end use.

Based on the end use, the OEM segment is projected to grow at the highest CAGR rate for the airborne optronics market during the forecast period. OEMs are responsible for the installation of optronics in an aircraft during the assembly stage and are then made available for delivery to aircraft manufacturers and space agencies. Over the years, there has been a significant rise in the demand for different aircraft types across regions. According to Airbus, it delivered 863 commercial aircraft to 99 customers in 2019.

North America: The largest contributing region in the airborne optronics market.

North America is projected to be the largest regional share for the airborne optronics market during the forecast period. The key factor responsible for North America, leading the airborne optronics market owing to the rapid growth of the technologically advanced optronics in the region. In North America, the rise in aircraft orders and supplies is encouraging manufacturers of airborne optronics to increase their sales year on year. The increasing demand for commercial aircraft and the presence of some of the leading players operating in the market, such as Northrop Grumman Corporation (US), FLIR System (US), Lockheed Martin (US), L3Harris Technologies (US), and Collins Aerospace (US), are expected to drive the airborne optronics market in North America. These players are focusing on R&D to increase their product lines and using technologically advanced systems, subsystems, and other components for manufacturing airborne optronics.

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Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights
4.1 Attractive Growth Opportunities in the Airborne Optronics Market
4.2 Airborne Optronics Market, by Application
4.3 Airborne Optronics Market, by Country

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5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Growing Fleet of Commercial and Combat Aircraft
5.2.1.2 Modernization and Technological Advancements
5.2.1.3 Increased Deployment of Electro-Optics for Unmanned Vehicles
5.2.2 Opportunities
5.2.2.1 Emergence of Urban Air Mobility Platforms
5.2.2.2 Growing Defense Budgets of Major Economies
5.2.2.3 Global Expansion of Military Air Fleet
5.2.2.4 Use of UAVs in Military Operations
5.2.3 Challenges
5.2.3.1 Inefficiency in Extreme Weather Conditions
5.2.3.2 Impact of COVID-19
5.3 Operational Data
5.4 Ranges and Scenarios
5.5 Impact of COVID-19 on Airborne Optronics Market
5.6 Disruption Impacting Customer’s Business
5.6.1 Revenue Shift and & New Revenue Pockets for Airborne Optronics Market
5.7 Supply Chain Analysis
5.8 Porter’s Five Forces Analysis
5.8.1 Threat of New Entrants
5.8.2 Threat of Substitutes
5.8.3 Bargaining Power of Suppliers
5.8.4 Bargaining Power of Buyers
5.8.5 Competition in the Industry
5.9 Technology Analysis
5.10 Airborne Optronics Market Ecosystem
5.11 Case Study Analysis: Airborne Optronics Market
5.12 Tariff and Regulatory Landscape
5.13 Average Selling Price
5.14 Volume Data
5.15 Trade Data Analysis

6 Industry Trends
6.1 Introduction
6.2 Value Chain Analysis
6.3 Emerging Technologies
6.3.1 Cameras for Unmanned Vehicles
6.3.2 Hyperspectral Imaging
6.3.3 Multispectral Imaging
6.3.4 Multi-Sensor Data Fusion for Navigation
6.3.5 Autonomy Level for Unmanned Systems
6.3.6 Weaponized Drones with Electro-Optics
6.4 Impact of Megatrend
6.5 Innovation & Patent Analysis

7 Airborne Optronics Market, by System
7.1 Introduction
7.2 Reconnaissance System
7.2.1 Technological Advancements in Optronics Enable UAVs to Carry-Out Reconnaissance Missions
7.3 Targeting System
7.3.1 New Contracts are Being Secured by Airborne Targeting Manufacturers to Provide New Advanced Targeting Systems for Combat Aircraft
7.4 Search and Track System
7.4.1 Search and Track System Provides Fighter Aircraft Stealth Vision
7.5 Surveillance System
7.5.1 UAVs are Increasingly Utilized in the Military Sector to Provide Battlefield Intelligence
7.6 Warning/Detection System
7.6.1 Increasing Investments by Armed Forces Facilitate Warning/Detection
7.7 Countermeasure System
7.7.1 Requirement for Adding Self-Protection Capability to Fighter Aircraft Drives this Segment
7.8 Navigation and Guidance System
7.8.1 New Guidance and Navigation Standards Drive the Demand of These Systems
7.9 Special Mission System
7.9.1 Demand for Monitoring Aerial Refueling Drives this Segment

8 Airborne Optronics Market, by Technology
8.1 Introduction
8.2 Multispectral
8.2.1 Low-Cost Multispectral Imaging System is Considered to be the Best Fit for Unmanned Autonomous Aircraft
8.3 Hyperspectral
8.3.1 Hyperspectral Imaging Improves Situational Awareness with the Help of Isr Systems

9 Airborne Optronics Market, by Application
9.1 Introduction
9.2 Commercial
9.2.1 Technological Advancements in Drones Technology Have Enhanced Their Capabilities for Commercial Applications
9.3 Military
9.3.1 Wide Use of Airborne Optronics in Military Applications Drive the Market
9.4 Space
9.4.1 Increasing Use of Advanced High-Tech Cameras for Space Applications Will Drive this Segment

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10 Airborne Optronics Market, by Aircraft Type
10.1 Introduction
10.1.1 Impact of COVID-19 on Aircraft Type Segment
10.1.1.1 Most Impacted Segment
10.1.1.2 Least Impacted Segment
10.2 Fixed Wing
10.2.1 Business Jets
10.3 Rotary Wing
10.4 Urban Air Mobility
10.5 Unmanned Aerial Vehicles

11 Airborne Optronics Market, by End Use
11.1 Introduction
11.1.1 Impact of COVID-19 on End Use Segments
11.1.1.1 Most Impacted Segment
11.1.1.2 Least Impacted Segment
11.2 Original Equipment Manufacturer (Oem)
11.2.1 Increasing Use of UAVs in Civil and Commercial Applications Drive this Segment
11.3 Aftermarket
11.3.1 Increasing Use of Optronic Devices in Military Aircraft Drive this Segment

12 Regional Analysis
12.1 Introduction
12.2 Impact of COVID-19 on Airborne Optronics Market
12.3 North America
12.4 Europe
12.5 Asia-Pacific
12.6 Middle East
12.7 Latin America
12.8 Africa

13 Competitive Landscape
13.1 Introduction
13.2 Market Share Analysis, 2019
13.3 Revenue Analysis of Top 5 Market Players, 2019
13.4 Competitive Scenario
13.4.1 Competitive Leadership Mapping
13.4.1.1 Star
13.4.1.2 Emerging Leader
13.4.1.3 Pervasive
13.4.1.4 Participant
13.4.2 Startups Competitive Leadership Mapping
13.4.2.1 Progressive Companies
13.4.2.2 Responsive Companies
13.4.2.3 Dynamic Companies
13.4.2.4 Starting Blocks
13.5 Competitive Scenario
13.5.1 New Product Launches/Developments
13.5.2 Deals
13.5.3 Contracts

14 Company Profiles
14.1 Key Players
14.1.1 Northrop Grumman Corporation
14.1.2 Thales Sa
14.1.3 Flir Systems, Inc.
14.1.4 Safran
14.1.5 Elbit Systems Ltd.
14.1.6 Lockheed Martin Corporation
14.1.7 Leonardo Spa
14.1.8 L3Harris Technologies Inc.
14.1.9 Hensoldt Ag
14.1.10 Collins Aerospace
14.2 Other Players
14.2.1 Israel Aerospace Industries
14.2.2 Rafael Advanced Defense Systems Ltd.
14.2.3 Kappa Optronics GmbH
14.2.4 Stark Aerospace, Inc.
14.2.5 Excelitas Technologies Corporation
14.2.6 Osi Optoelectronics, Inc.
14.2.7 Leidos Holdings, Inc.
14.2.8 Ii-Vi, Inc.
14.2.9 Bae Systems plc
14.2.10 Aselsan A.a.
14.2.11 Intevac, Inc.
14.2.12 Ximea GmbH
14.2.13 Headwall Photonics, Inc.
14.2.14 Cubert GmbH
14.2.15 Resonon Inc.

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15 Appendix
15.1 Discussion Guide

For more information about this report visit https://www.researchandmarkets.com/r/8sq0t8


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Artificial Intelligence

Relu Secures FDA 510(k) and CE Marking for Revolutionary Dental Software Relu® Creator

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LEUVEN, Belgium, Oct. 1, 2024 /PRNewswire/ — Relu, a pioneer in artificial intelligence (AI) assisted segmentation for dental labs and software companies, proudly announces the dual achievement of 510(k) clearance by the U.S. Food and Drug Administration (FDA) and CE Mark approval by an EU Notified Body. These regulatory milestones authorize the commercial distribution of the Relu® Creator, the cutting-edge dental tool that enables users to create 3D anatomical models from patients in just minutes.

 
 
FDA clearance signifies compliance with U.S. medical device standards, while the CE Mark confirms adherence to EU regulations for product safety and consumer protection. This dual recognition underscores Relu’s commitment to excellence in the oral health sector.
“We are thrilled to have attained both FDA and CE approval for the Relu® Creator,” stated Adriaan Van Gerven, CTO and Co-founder, of Relu. “These significant achievements are a testament to Relu’s dedication to creating superior technology that meets the highest international safety and quality standards. We’re poised to revolutionize patient and dentist experiences across both continents.”
“This approval paves the way for our advanced technology to enter US and EU dental markets with the highest potential for growth. Having led strategy in Dental, AI and Orthodontic sectors, I consider this achievement a key differentiator that sets Relu® Creator apart. This is a major step forward in Relu’s mission to modernize dental care,” said Bindu Saran, former Global Head of Orthodontic Technology at Straumann, former Sr. Manager of R&D at Ormco, and Board Member at Relu.
The Relu® Creator integrates cutting-edge AI to deliver features such as automated anatomical identification, and enhanced 3D imaging for dental diagnostics and treatment planning. By improving precision and increasing overall efficiency in dental procedures, Relu® Creator is set to be an essential tool for modern dental clinics.
About Relu
Relu is founded in 2019 with the dream of making dental treatments safer and faster. They plug in advanced computer vision and artificial intelligence to automate manual workflows. Their Relu® Engine and Relu® Creator are used by dental lab and software partners for more than thousands of orthodontic and implant treatments every day. Relu is headquartered in Leuven, BE with an office in Boston, MA, USA. Learn more at relu.eu.
© 2024 Relu
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Danish telecoms giant TDC NET chooses IFS Cloud to boost workforce efficiency and modernize infrastructure

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LONDON, Oct. 1, 2024 /PRNewswire/ — IFS, the leading provider of enterprise cloud and Industrial AI software, today announced that TDC NET, Denmark’s largest provider of telecommunications infrastructure, has chosen to implement IFS Cloud to supercharge operational efficiencies across its business.

A longstanding IFS customer, TDC Net will use the IFS Cloud for Field Service Management to streamline its workforce management (WFM) processes, including field service operations. Implementing IFS Cloud will also allow the Danish telco company to consolidate its WFM systems into a single platform, eliminating process duplication and controlling costs.
IFS Cloud for Field Service Management including IFS Planning and Scheduling Optimization (IFS PSO) will allow TDC NET to assign the right technicians with the appropriate skills to the right jobs and dynamically schedule tasks based on real-time data such as technician availability, location, and traffic conditions. This enhanced efficiency is critical as TDC NET continues its mission to transition its nationwide network infrastructure from copper to fiber, implement IoT solutions, and adopt AI technologies – all in a sustainable way to reach the company’s net zero target in 2030.
Beyond workforce management IFS Cloud will enable TDC NET to consolidate its wider IT operations, removing legacy infrastructure and reducing the number of current systems across the business.
Carsten Rasmussen, Head of IT enablement in TDC Net, said: “As we work towards phasing out copper infrastructure and becoming a modern digital infrastructure provider, consolidating our IT systems is critical. Partnering with IFS and accessing IFS Cloud will give us the field service and resource management capabilities we need to simplify, automate, and build a sustainable architecture that meets the demands of the new digital age.”
Jesper Illum, Country Manager, Denmark, IFS, said: “TDC Net is not only Denmark’s largest provider of telecommunications infrastructure but also a forward-thinking company committed to transforming its operations with fiber and 5G technologies. IFS Cloud will help it scale its systems, increase automation, and improve customer deliveries.”
IFS partner, Infosys, will implement and roll out IFS Cloud and the associated services.
About TDC NET
TDC NET is a Danish telecommunications company focused on building, operating and maintaining telecommunications infrastructure in Denmark. It provides a wide range of services, including fiber broadband and the best 5G mobile network in Denmark. TDC NET plays a key role in digitalising Denmark by investing in and upgrading network infrastucture to ensure high-quality connectivity and access for both individuals and businesses. For more information, please visit tdcnet.com
About IFS
IFS is the world’s leading provider of Industrial AI and enterprise software for hardcore businesses that make, service, and power our planet. Our technology enables businesses which manufacture goods, maintain complex assets, and manage service-focused operations to unlock the transformative power of Industrial AI™ to enhance productivity, efficiency, and sustainability.IFS Cloud is a fully composable AI-powered platform, designed for ultimate flexibility and adaptability to our customers’ specific requirements and business evolution. It spans the needs of Enterprise Resource Planning (ERP), Enterprise Asset Management (EAM), Supply Chain Management (SCM), Information Technology Service Management (ITSM), and Field Service Management (FSM). IFS technology leverages AI, machine learning, real-time data and analytics to empower our customers to make informed strategic decisions and excel at their Moment of Service™.IFS was founded in 1983 by five university friends who pitched a tent outside our first customer’s site to ensure they would be available 24/7 and the needs of the customer would come first. Since then, IFS has grown into a global leader with over 6,500 employees in 80 countries. Driven by those foundational values of agility, customer-centricity, and trust, IFS is recognized worldwide for delivering value and supporting strategic transformations. We are the most recommended supplier in our sector. Visit ifs.com to learn why.
IFS Press Contacts:
Europe / MEA / APJ: Adam GillbeIFS, Director of Corporate & Executive CommunicationsEmail: [email protected] Phone: +44 7775 114 856
North America / LATAM: Mairi MorganIFS, Director of Corporate & Executive CommunicationsEmail: [email protected] Phone: +44 7918 607 299
This information was brought to you by Cision http://news.cision.com
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TraceLink Releases Amadeus, the First Generative AI Assistant for Accelerating the Digitalization of Supply Networks on the Opus Platform

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Trained on a rich set of information from a unified content repository, Opus Orchestration Architects, Solution Designers, Network Administrators, and those simply interested in learning more about TraceLink’s solutions are empowered with information in seconds
BOSTON, Oct. 1, 2024 /PRNewswire/ — TraceLink, the largest end-to-end digital network platform for intelligent orchestration of the supply chain, today announced the launch of Amadeus, an AI Assistant to help users across the supply chain configure and optimize supply networks. Powered by advanced Large Language Model (LLM) algorithms, Amadeus allows users to find answers across a large volume of the TraceLink University educational content ecosystem, including developer resources, educational “how-to” materials, and technical documentation, delivering detailed, accurate responses tailored to their needs.

Whether navigating through extensive resources, searching for specific content, or exploring related topics, Amadeus provides intelligent answers drawn from a knowledge base refreshed on a daily basis. Its advanced search capabilities and context-aware assistance with source URL and citations ensure a smooth, reliable, current, and efficient content discovery process. With instant access to TraceLink University documents, educational whitepapers, case studies, and more, Amadeus delivers quick, within-seconds responses tailored to specific customer use cases, helping users solve complex business problems with confidence.
“With Amadeus, we are offering a powerful way for customers to engage with the wealth of knowledge within TraceLink University,” said Shabbir Dahod, President and CEO at TraceLink. “By integrating generative AI and LLMs with our extensive content library, Amadeus helps users to quickly find the information they need to optimize their supply chain operations. This is just the beginning of how TraceLink aims to harness AI to further transform supply chain management in the future.”
Amadeus’ AI functionality is further enriched by its robust safeguards. Built-in guardrails and alignment with OpenAI’s safety protocols verify that responses are relevant and accurate, eliminating AI hallucinations and keeping users on track. With these AI safety features built into Amadeus, users receive the most applicable and trusted answers, helping them make informed decisions in real-time. Looking forward, Amadeus will securely integrate content from customers’ own orchestration networks, thereby enabling a powerful AI-driven experience on top of end-to-end supply chain network intelligence to leverage predictions to drive business results.
Learn more about TraceLink’s Opus Magnum release, the only no-code network digitalization platform designed to democratize access to end-to-end supply chain integration and orchestration.
See Opus Magnum live at FutureLink Barcelona 2024, the only thought-leadership, education, and networking event for life sciences and healthcare leaders needing critical intelligence and better collaboration across supply chain relationships, from October 2-4, 2024. With keynotes headlined by the industry’s top thought leaders, a full day of TraceLink University educational sessions, three orchestration tracks led by customers and solution partners, and an immersive product and solution exhibition, this year’s FutureLink will focus on the end-to-end digitalization of your supply chain to link your enterprise systems and processes to the network. Register now.
About TraceLink:
TraceLink Inc. is the largest end-to-end intelligent supply chain platform for life sciences and healthcare, enabling end-to-end orchestration by connecting more than 291,000 healthcare and life sciences entities through its B2N Integrate-Once™ network. Leading businesses trust TraceLink to deliver complete global connectivity, visibility, and traceability of healthcare products, ensuring that every patient gets the medicines they need when needed, safely and securely.
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