The Global Electro-Optical/Infrared (EO/IR) Systems Market 2018-2028
Powered by
All the vital news, analysis, and commentary curated by our industry experts.
The Global Military Electro-Optical/Infrared (EO/IR) Systems Market 2018-2028 report offers a detailed analysis of the industry, with market size forecasts covering the next ten years. This report will also analyze factors that influence demand for EO/IR systems, key market trends, and challenges faced by industry participants.
Scope
Surging demand for high resolution and high throughput sensors for gaining superior situational awareness, countermeasures and reconnaissance is the key driver for the military EO/IR systems sector globally. In order to tackle conventional as well as newly evolved threats, militaries worldwide are focusing on installation of advanced sensor based systems, which can provide intel in real time for necessary actions.
The increasing complexities in modern day war techniques have resulted in a heightened requirement for Intelligence, Surveillance and Reconnaissance (ISR) activities, which has resulted in several key defense spenders to invest heavily in the research and development of equipment such as thermal sights, infrared vision systems, and laser target designators. The rising demand for new sighting devices as well as wearable night vision and thermal imaging systems is therefore contributing significantly to the growth of the global military EO/IR systems market.
Key Highlights
– The global military EO/IR systems market is expected to register a CAGR of 2.98%, growing from US$10.7 billion in 2018 to US$14.3 billion by 2028.
– The market consists of three categories: airborne, ground-based and naval.
– The market is expected to be dominated by airborne segment, which will account for 72.2% of the market, followed by ground-based and naval segments.
– In terms of geography, Asia Pacific is projected to lead the sector with a share of 33.9%, followed by North America and Europe.
Reasons to Buy
– Determine prospective investment areas based on a detailed trend analysis of the global military EO/IR systems market over the next ten years.
– Gain in-depth understanding about the underlying factors driving demand for different EO/IR systems segments in the top spending countries across the world and identify the opportunities offered by each of them.
– Strengthen your understanding of the market in terms of demand drivers, industry trends, and the latest technological developments, among others.
– Identify the major channels that are driving the global military EO/IR systems market, providing a clear picture about future opportunities that can be tapped, resulting in revenue expansion.
– Channelize resources by focusing on the ongoing programs that are being undertaken by the defense ministries of different countries within the global military EO/IR systems market.
Leonardo DRS
Elbit Systems
BAE Systems
FLIR Systems
L-3 Technologies
Lockheed Martin
Raytheon
Thales
Selex
Cubic Global Defense
Table of Contents
Frequently asked questions
Get in touch to find out about multi-purchase discounts
reportstore@globaldata.com
Tel +44 20 7947 2745
Every customer’s requirement is unique. With over 220,000 construction projects tracked, we can create a tailored dataset for you based on the types of projects you are looking for. Please get in touch with your specific requirements and we can send you a quote.