Global Military Electro-Optics & Infrared (EO-IR) Systems Supply, Demand and Key Producers, 2023-2029

Global Military Electro-Optics & Infrared (EO-IR) Systems Supply, Demand and Key Producers, 2023-2029

The global Military Electro-Optics & Infrared (EO-IR) Systems market size is expected to reach $ 10040 million by 2029, rising at a market growth of 3.8% CAGR during the forecast period (2023-2029).

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 studies the global Military Electro-Optics & Infrared (EO-IR) Systems production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for Military Electro-Optics & Infrared (EO-IR) Systems, and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of Military Electro-Optics & Infrared (EO-IR) Systems that contribute to its increasing demand across many markets.

Highlights and key features of the study

Global Military Electro-Optics & Infrared (EO-IR) Systems total production and demand, 2018-2029, (K Units)

Global Military Electro-Optics & Infrared (EO-IR) Systems total production value, 2018-2029, (USD Million)

Global Military Electro-Optics & Infrared (EO-IR) Systems production by region & country, production, value, CAGR, 2018-2029, (USD Million) & (K Units)

Global Military Electro-Optics & Infrared (EO-IR) Systems consumption by region & country, CAGR, 2018-2029 & (K Units)

U.S. VS China: Military Electro-Optics & Infrared (EO-IR) Systems domestic production, consumption, key domestic manufacturers and share

Global Military Electro-Optics & Infrared (EO-IR) Systems production by manufacturer, production, price, value and market share 2018-2023, (USD Million) & (K Units)

Global Military Electro-Optics & Infrared (EO-IR) Systems production by Type, production, value, CAGR, 2018-2029, (USD Million) & (K Units)

Global Military Electro-Optics & Infrared (EO-IR) Systems production by Application production, value, CAGR, 2018-2029, (USD Million) & (K Units)

This reports 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, Thales Group, Aselsan AS, Teledyne FLIR, BAE System and Elbit System, etc.

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

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Military Electro-Optics & Infrared (EO-IR) Systems market

Detailed Segmentation:

Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K Units) and average price (US$/Unit) by manufacturer, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.

Global Military Electro-Optics & Infrared (EO-IR) Systems Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global Military Electro-Optics & Infrared (EO-IR) Systems Market, Segmentation by Type
Handheld System
EO/IR Payloads

Global Military Electro-Optics & Infrared (EO-IR) Systems Market, Segmentation by Application
Air Force
Navy
Army

Companies Profiled:
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

Key Questions Answered

1. How big is the global Military Electro-Optics & Infrared (EO-IR) Systems market?

2. What is the demand of the global Military Electro-Optics & Infrared (EO-IR) Systems market?

3. What is the year over year growth of the global Military Electro-Optics & Infrared (EO-IR) Systems market?

4. What is the production and production value of the global Military Electro-Optics & Infrared (EO-IR) Systems market?

5. Who are the key producers in the global Military Electro-Optics & Infrared (EO-IR) Systems market?

6. What are the growth factors driving the market demand?