Global Military Electro-Optics & Infrared (EO-IR) Systems Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

Global Military Electro-Optics & Infrared (EO-IR) Systems Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

According to our (Global Info Research) latest study, the global Military Electro-Optics & Infrared (EO-IR) Systems market size was valued at USD 7717.1 million in 2022 and is forecast to a readjusted size of USD 10040 million by 2029 with a CAGR of 3.8% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

The changing nature of modern warfare is driving the growing need for ISR capabilities. Military forces are increasingly facing asymmetric threats, such as terrorism and insurgency, which require accurate and reliable intelligence to identify and neutralize potential threats. Additionally, militaries are increasingly operating in urban environments where traditional ISR approaches may not be effective. In these environments, EO/IR sensors can provide valuable intelligence by detecting and tracking potential threats in real time. The need for ISR capabilities is also driven by the need to improve the efficiency of military operations. Accurate and reliable intelligence helps reduce the risks associated with military operations and improves decision-making in critical situations.

The military requires reliable and accurate intelligence, surveillance and reconnaissance (ISR) capabilities to gather critical information about enemy forces, terrain and other aspects of the battlefield. This information is critical to determining the best course of action for military operations and assessing the effectiveness of those operations. EOIR sensors are an important part of ISR capabilities because they provide real-time situational awareness and surveillance capabilities. EO/IR sensors can detect, track and identify potential threats in various light and weather conditions, providing critical information for military operations.

This report is a detailed and comprehensive analysis for global Military Electro-Optics & Infrared (EO-IR) Systems market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.

Key Features:

Global Military Electro-Optics & Infrared (EO-IR) Systems market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2018-2029

Global Military Electro-Optics & Infrared (EO-IR) Systems market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2018-2029

Global Military Electro-Optics & Infrared (EO-IR) Systems market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2018-2029

Global Military Electro-Optics & Infrared (EO-IR) Systems market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2018-2023

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Military Electro-Optics & Infrared (EO-IR) Systems

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Military Electro-Optics & Infrared (EO-IR) Systems market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Northrop Grumman Corporation, Raytheon TechnologiesCorporation, L3Harris Technologies Inc., LockheedMartin Corporation and Thales Group, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Market Segmentation

Military Electro-Optics & Infrared (EO-IR) Systems market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Handheld System
EO/IR Payloads

Market segment by Application
Air Force
Navy
Army

Major players covered
Northrop Grumman Corporation
Raytheon TechnologiesCorporation
L3Harris Technologies Inc.
LockheedMartin Corporation
Thales Group
Aselsan AS
Teledyne FLIR
BAE System
Elbit System
Rheinmetall AG
Alpha Design Technologies

Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Military Electro-Optics & Infrared (EO-IR) Systems product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Military Electro-Optics & Infrared (EO-IR) Systems, with price, sales, revenue and global market share of Military Electro-Optics & Infrared (EO-IR) Systems from 2018 to 2023.

Chapter 3, the Military Electro-Optics & Infrared (EO-IR) Systems competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Military Electro-Optics & Infrared (EO-IR) Systems breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Military Electro-Optics & Infrared (EO-IR) Systems market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.

Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.

Chapter 13, the key raw materials and key suppliers, and industry chain of Military Electro-Optics & Infrared (EO-IR) Systems.

Chapter 14 and 15, to describe Military Electro-Optics & Infrared (EO-IR) Systems sales channel, distributors, customers, research findings and conclusion.