Military Thermal Weapon Sights Market

By Type;

Gun-Based Thermal Weapon Sights and Vehicle-Mounted Thermal Weapon Sights

By Application;

Air, Maritime and Land

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn863601444 Published Date: September, 2025 Updated Date: November, 2025

Military Thermal Weapon Sights Market Overview

Military Thermal Weapon Sights Market (USD Million)

Military Thermal Weapon Sights Market was valued at USD 308.66 million in the year 2024. The size of this market is expected to increase to USD 461.06 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.9%.


Military Thermal Weapon Sights Market

*Market size in USD million

CAGR 5.9 %


Study Period2025 - 2031
Base Year2024
CAGR (%)5.9 %
Market Size (2024)USD 308.66 Million
Market Size (2031)USD 461.06 Million
Market ConcentrationMedium
Report Pages332
308.66
2024
461.06
2031

Major Players

  • ASELSAN AS
  • BAE Systems Plc
  • Elbit Systems Ltd.
  • Excelitas Technologies Corp.
  • FLIR Systems Inc.

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Military Thermal Weapon Sights Market

Fragmented - Highly competitive market without dominant players



The Military Thermal Weapon Sights Market is gaining momentum as armed forces increasingly adopt thermal imaging technologies for enhanced visibility and targeting. Nearly 65% of defense units now deploy thermal sights, reinforcing their role in ensuring combat accuracy and soldier protection in diverse terrains.

Improved Performance in Critical Missions
Thermal weapon sights enable forces to detect and track targets even in darkness, smoke, or adverse weather conditions. More than 70% of critical missions utilize these devices to strengthen operational precision and decision-making capabilities, making them essential for modern warfare.

Rising Deployment Across Weapon Platforms
The integration of thermal imaging with rifles, heavy weapons, and support systems is steadily increasing. Roughly 55% of newly equipped weapons systems are fitted with thermal optics, boosting their combat readiness and effectiveness in complex battle scenarios.

Technological Innovations Enhancing Reliability
Continuous improvements in sensor clarity, power management, and ergonomic designs are driving the adoption of thermal weapon sights. Close to 40% of recent innovations focus on longer endurance and wider detection ranges, strengthening their utility in extended operations.

Market Outlook and Future Opportunities
The military thermal weapon sights market is expected to expand consistently as defense programs prioritize thermal imaging integration. With about 50% of modernization initiatives focusing on night combat efficiency, the sector is set to benefit from ongoing advancements and increasing defense investments.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Military Thermal Weapon Sights Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers:
        1. Modernization Programs
        2. Focus on Urban Warfare and Counter-Terrorism Operations
        3. Demand for Lightweight and Compact Systems
      2. Restraints:
        1. Cost Constraints and Budget Limitations
        2. Export Control Regulations and International Trade Barriers
        3. Technological Complexity and Integration Challenges
      3. Opportunities:
        1. Development of Uncooled Thermal Imaging Technology
        2. Integration of Artificial Intelligence (AI) and Machine Learning (ML)
        3. Expansion of Special Operations Forces (SOF) Capabilities
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Military Thermal Weapon Sights Market, By Type, 2021 - 2031 (USD Million)
      1. Gun-Based Thermal Weapon Sights
      2. Vehicle-Mounted Thermal Weapon Sights
    2. Military Thermal Weapon Sights Market, By Application, 2021 - 2031 (USD Million)
      1. Air
      2. Maritime
      3. Land
    3. Military Thermal Weapon Sights Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. BAE Systems plc
      2. Raytheon Technologies (incl. FLIR / Teledyne)
      3. Leonardo S.p.A. / Leonardo DRS
      4. Thales Group
      5. Safran SA
      6. Elbit Systems Ltd.
      7. L3Harris Technologies, Inc.
      8. ASELSAN A.Ş.
      9. Schmidt & Bender GmbH & Co. KG
      10. Excelitas Technologies Corp.
      11. Thermoteknix Systems Ltd.
      12. Tonbo Imaging
      13. SIG Sauer, Inc.
      14. Rheinmetall AG
      15. Materion Corporation
  7. Analyst Views
  8. Future Outlook of the Market