Market Share of Land-based Situational Awareness Systems Industry
The land-based situational awareness systems market is consolidated with few players holding the majority share of the market. Some of the prominent players in the land-based situational awareness systems market are Leonardo S.p.A., THALES, Elbit Systems Ltd., BAE Systems plc, and Safran. The procurement of new and advanced situational awareness by the countries is expected to help the companies increase their market share. Investment by companies in the research and development of advanced and innovative products will support the expansion of their footprint in various regions, in situational awareness business. Further, the rivalry in the market is anticipated to increase due to the venturing of new players in the market. These new players are existing players in the defense market, who support visual systems for airborne and naval applications. This system is anticipated to improve the local situational awareness of personnel in armoured vehicles.
Land-based Situational Awareness Systems Market Leaders
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Elbit Systems Ltd
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BAE Systems PLC
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Leonardo S.p.A.
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Safran
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THALES
*Disclaimer: Major Players sorted in no particular order
