Global Air-Based Military Electro-Optical and Infrared Systems Market Growth (Status and Outlook) 2025-2031

The global Air-Based Military Electro-Optical and Infrared Systems market size is predicted to grow from US$ 4429 million in 2025 to US$ 5291 million in 2031; it is expected to grow at a CAGR of 3.0% from 2025 to 2031.

The air-based military electro-optical and infrared systems market refers to the market for equipment and systems used by the military for airborne surveillance, targeting, reconnaissance, and other air-based operations. This includes various electro-optical and infrared sensors, imaging systems, laser designators, and other related components.

These systems play a crucial role in modern warfare, providing enhanced situational awareness, detection and identification capabilities, and precision targeting capabilities to military aircraft. They are employed in a wide range of military applications, including air defense, intelligence gathering, search and rescue operations, and target acquisition.

The global air-based military electro-optical and infrared systems market is driven by the increasing need for advanced surveillance and targeting capabilities by modern military forces. The growing trend towards the use of unmanned aerial vehicles (UAVs) and the increasing demand for intelligence, surveillance, and reconnaissance (ISR) activities are also driving the market growth.

Technological advancements, such as the development of miniaturized sensors, multi-sensor integration, and the integration of artificial intelligence (AI) and machine learning (ML) algorithms, are further fueling market growth. These advancements enable improved sensor performance, increased range and resolution, and enhanced target detection and tracking capabilities.

In terms of geography, the market is dominated by North America, primarily due to the presence of major defense contractors, military research and development facilities, and a high defense budget. However, the Asia-Pacific region is expected to witness significant growth in the coming years, primarily driven by increasing military modernization initiatives and rising defense expenditure in countries like China and India.

Key players in the air-based military electro-optical and infrared systems market include Lockheed Martin Corporation, Raytheon Technologies Corporation, Thales Group, Leonardo S.p.A., L3Harris Technologies, and Safran Electronics & Defense. These companies are focused on developing technologically advanced systems to meet the evolving defense needs of military forces worldwide.

In conclusion, the global air-based military electro-optical and infrared systems market is witnessing steady growth due to the increasing demand for advanced surveillance and targeting capabilities. Technological advancements and growing military modernization initiatives are expected to drive further market growth in the coming years.

LPI (LP Information)' newest research report, the “Air-Based Military Electro-Optical and Infrared Systems Industry Forecast” looks at past sales and reviews total world Air-Based Military Electro-Optical and Infrared Systems sales in 2024, providing a comprehensive analysis by region and market sector of projected Air-Based Military Electro-Optical and Infrared Systems sales for 2025 through 2031. With Air-Based Military Electro-Optical and Infrared Systems sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Air-Based Military Electro-Optical and Infrared Systems industry.

This Insight Report provides a comprehensive analysis of the global Air-Based Military Electro-Optical and Infrared Systems landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Air-Based Military Electro-Optical and Infrared Systems portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Air-Based Military Electro-Optical and Infrared Systems market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Air-Based Military Electro-Optical and Infrared Systems and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Air-Based Military Electro-Optical and Infrared Systems.

This report presents a comprehensive overview, market shares, and growth opportunities of Air-Based Military Electro-Optical and Infrared Systems market by product type, application, key players and key regions and countries.

Segmentation by Type:
Airborne System
Pilot Portable System

Segmentation by Application:
Military
National Defense
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Lockheed Martin
Raytheon Technologies
L3Harris Technologies
Leonardo
Thales
BAE Systems
Teledyne FLIR
Northrop Grumman
Elbit Systems
Israel Aerospace Industries
Hensoldt
Wuhan Guide Infrared
Aselsan
Rafael Advanced Defense
Transvaro
Safran

Please note: The report will take approximately 2 business days to prepare and deliver.