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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.
The death of Nelson Mandela, at age 95 on 5 December 2013, brings genuine sadness. As his health deteriorated over the past six months, many asked the more durable question:
how did he change South Africa
? Given how unsatisfactory life is for so many in society, the follow-up question is,
how much room was there for Mandela to maneuver
? South Africa now lurches from crisis to crisis, and so many of us are tempted to remember the Mandela years – especially the first democratic government – as fundamentally different from the crony-capitalist, corruption-riddled, brutally-securitised, eco-destructive and anti-egalitarian regime we suffer now. But were the seeds of our present political weeds sown earlier?