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Military Electro Optical and Infrared Systems Market 2018 is Booming with Rockwell Collins, Harris Corporation, Thales, Lockheed Martin, And Raytheon Industry forecast upto 2023

08-24-2018 07:58 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Market Prognosis

Market Dynamics:

North America is the largest market for military electro-optics and infrared systems and holds the majority share in the market. The United States is the leading market in North America, owing to its huge expenditures on obtaining and developing of electro-optical systems for different military platforms, like naval vessels, submarines, armored vehicles, aircraft, UAV, and helicopters. Most R&D for this technology is focused toward the expansion of lightweight, cost-effective, and robust systems. The market share is expected to be captured by the Asia-Pacific region. Japan, China, and India are expected to lead the growth in the region during the forecast period.

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Market Segmentation:

The market has been segmented by type (image intensification, infrared, and laser), by system (imaging and non-imaging), by platform (airborne, land, and sea), and by geography (North America, South America, Europe, Middle East & Africa, and Asia-Pacific).

Key Industry Players:

Some of the key industry players are - ROCKWELL COLLINS, HARRIS CORPORATION, THALES, LOCKHEED MARTIN, AND RAYTHEON ARE SOME OF THE IMPORTANT PLAYERS IN THE GLOBAL MILITARY ELECTRO-OPTICAL AND INFRARED SYSTEMS MARKET.

Key Developments:

Recently, Lockheed Martin Canada, L3 Technologies, BAE Systems, CAE, MDA, and Ultra Electronics are partnering as Canada's Combat Ship Team for the Royal Canadian Navy's future fleet of surface combatants. Canada's Combat Ship Team is offering the one of the most advanced and latest warship designs, the Type 26 Global Combat Ship (GCS), along with high-tech platform innovations from prominent Canadian companies. This ship consists of torpedo handling systems, electro-optic and infrared sensors, integrated communications, and integrated platform management system.

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Reasons to Purchase this Report:

• Current and future market outlook in the developed and emerging markets
• Analyzing various perspectives of the market with the help of Porter’s five forces analysis
• The segment that is expected to dominate the market
• Regions that are expected to witness fastest growth during the forecast period
• Identify the latest developments, market shares and strategies employed by the major market players.
• 3 months analyst support along with the Market Estimate sheet (in excel).

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About Market Prognosis
We at Market Prognosis believe in giving a crystal clear view of market dynamics for achieving success in today’s complex and competitive marketplace through our quantitative & qualitative research methods.
We help our clients identify the best market insights and analysis required for their business thus enabling them to take strategic and intelligent decision.
We believe in delivering actionable insights for your business growth and success.

Contact us:
ProgMarkPvt Ltd,
Thane - 421501
India.
Contact No:+1 973 241 5193
Email: sales@marketprognosis.com

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