The Global Electro-Optical/Infrared (EO/IR) Systems Market 2018-2028
Summary
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.
Synopsis
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
Reasons to buy
Summary
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.
Synopsis
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
- 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
- Make correct business decisions based on thorough analysis of the total competitive landscape of the sector with detailed profiles of the top EO/IR solution providers around the world which include information about their products, alliances, recent contract wins and financial analysis wherever available
Table of Contents
Executive SummaryGlobal Electro-Optical/Infrared (EO/IR) Systems Market - Overview
Global Electro-Optical/Infrared (EO/IR) Systems Market By Region, 2018-2028
Global Electro-Optical/Infrared (EO/IR) Systems Market By Segment, 2018-2028
Market Dynamics
Demand Drivers: Analysis of factors that trigger spending within the sector
Trends: Prevalent practices, industry consolidation and procurement patterns within the market
Technological Developments : New products, processes and innovations recently inducted within the sector
Key Challenges: Obstacles affecting sector growth
Global Electro-Optical/Infrared (EO/IR) Systems Market - Segment Analysis
Segment Analysis: Airborne
Market size and CAGR growth analysis, 2018-2028
Change in market share, 2018-2028
Segment Analysis: Ground
Market size and CAGR growth analysis, 2018-2028
Change in market share, 2018-2028
Segment Analysis: Naval
Market size and CAGR growth analysis, 2018-2028
Change in market share, 2018-2028
Global Electro-Optical/Infrared (EO/IR) Systems Market - Regional Analysis
Global Military EO/IR Systems - Regional Overview, 2018 & 2028
Regional Analysis: Asia Pacific
Market size and CAGR growth analysis, 2018-2028
Change in market share, 2018-2028
Top Suppliers
Regional Analysis: North America
Market size and CAGR growth analysis, 2018-2028
Change in market share, 2018-2028
Top Suppliers
Regional Analysis: Europe
Market size and CAGR growth analysis, 2018-2028
Change in market share, 2018-2028
Top Suppliers
Regional Analysis: Middle East
Market size and CAGR growth analysis, 2018-2028
Change in market share, 2018-2028
Top Suppliers
Regional Analysis: Africa
Market size and CAGR growth analysis, 2018-2028
Change in market share, 2018-2028
Top Suppliers
Regional Analysis: Latin America
Market size and CAGR growth analysis, 2018-2028
Change in market share, 2018-2028
Top Suppliers
Global Electro-Optical/Infrared (EO/IR) Systems Market - Trend Analysis
Global Military EO/IR Systems - Country Overview, 2018 & 2028
Leading Segments in Key Countries
Country Analysis - 11 leading countries
Market size and CAGR growth analysis, 2018-2028
Change in market share, 2018-2028
Segmental Share (%), 2018-2028
Country Share (%), 2018 & 2028
Major Suppliers
Segmental Analysis
Electro-Optical/Infrared (EO/IR) Systems Market - Future Outlook (The Road Ahead)
Key Programs Analysis
Description of key programs
Delivery period, units and total expenditure
Competitive Landscape Analysis
Competitive analysis - 11 leading companies
Major Products and Services
Financial Analysis covering Revenue, Operating Profit and Net Profit
Financial Deal and Contracts
Disclaimer
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Northrop Grumman
- Leonardo DRS
- Elbit Systems
- BAE Systems
- FLIR Systems
- L-3 Technologies
- Lockheed Martin
- Raytheon
- Thales
- Selex
- Cubic Global Defense
