Press release
Military Electro-Optical and Infrared Systems Market 2018-2023 | Raytheon, Lockheed Martin, L-3, BAE, Thales, Northrop Grumman, Harris, RheinmetallDefence, Textron, Rockwell Collins and Ultra Electronics Holdings
Global Military Electro-Optical and Infrared Systems Market Report Information by Type (Image Intensification, Laser, and Infrared), by Sensor Technology (Scanning, Starring, Multispectral, and Hyperspectral), by Platform (Airborne, Land-based, and Naval), and by Region - Forecast To 2023.Global Military Electro-Optical and Infrared Systems Market is Expected to Grow at a CAGR of 7% from 2016 to 2023. As per the MRFR analysis, this growth is driven by growing demand for vetronics, and investments in InGaAs detector systems.
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Factors impacting the market are declining defense budget in US and UK and regulatory issues with regards to all three platforms (air, naval, and land). Shifting trend towards EO/Laser Guidance Systems is also significantly contributing towards the increase in demand.
This report includes a study of strategies of major market players in the Global Military Electro-Optical and Infrared Systems Market include Raytheon, Lockheed Martin, L-3 Communications Holdings, Inc. BAE Systems Plc. Thales group, DRS Technologies, Northrop Grumman, Elbit Systems Ltd., Harris Corporation, RheinmetallDefence AG, Textron, Rockwell Collins, II-VI, Inc., and Ultra Electronics Holdings
Regional Analysis:
According to the forecast, North America will be leading the military EO/IR market, due to the growing demand for electro-optics/infrared systems across different sectors, such as military, commercial, and public safety. The region is growing due to increased investments in defense equipment and use of electro-optics/infrared system across the region.
In the military electro-optical and infrared systems market, the U.S. is the key player as it is spending huge amounts on development and procurement of EO systems. The various military segments include helicopters, armored vehicles, UAVs, aircrafts, naval vessels, and submarines. The U.S. is also the largest spender in the EO/IR systems market, due to several undergoing development and procurement projects. Most of the R&D for EO/IR technologies is directed towards the development of robust, lightweight, and cost-effective systems significant for critical missions. The EO/IR systems for airborne applications are anticipated to generate maximum spending over the forecast period in this region.
By the end of 2031, Latin America is expected to deliver 52 new combat ships and submarines. Though Latin America military aircraft declined in 2014 by 5%, further market is expected to grow during the forecast period.
Intended Audience
• Distributor & Supplier companies
• End-Users
• Consultants and Investment bankers
• Government as well as Independent Regulatory Authorities
This research report provides detailed insights, into various levels of analyses such industry analysis, market share analysis leading market players and their profiles. This report also helps in studying the target segments by providing views on emerging & high-growth segments and market conclusion. Together the market data comprise and discuss with the basic assessments on the competitive scenarios & strategies, of the Global Military Electro-Optical and Infrared Systems Market, including the high-growth regions, countries and their political, economical and technological environments. Furthermore the project report also provides views over the historic market values as well as, pricing and cost analysis of the same.
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1 Executive Summary
2 Scope of the Report
2.1 Market Definition
2.2 Scope of the Study
2.2.1 Definition
2.2.2 Research Objective
2.2.3 Assumptions
2.2.4 Limitations
2.3 Research Process
2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model
3 Market Landscape
3.1 Porter’s Five Forces Analysis
3.1.1 Threat of New Entrants
3.1.2 Bargaining Power of Buyers
3.1.3 Threat of Substitutes
3.1.4 Segment Rivalry
3.1.5 Bargaining Power of Buyers
3.2 Value Chain/supply Chain Analysis
Continues...
List of Tables
Table 1 Global Military Electro-optical and Infrared Systems Market: by Region, 2017-2023
Table 2 North America Military Electro-optical and Infrared Systems Market: by Country, 2017-2023
Table 3 Europe Military Electro-optical and Infrared Systems Market: by Country, 2017-2023
Table 4 Asia Paland-basedfic Military Electro-optical and Infrared Systems Market: by Country, 2017-2023
Table 5 Row Military Electro-optical and Infrared Systems Market: by Country, 2017-2023
Table 6 Global Military Electro-optical and Infrared Systems Market, by Type by Regions, 2017-2023
Table 7 North America Military Electro-optical and Infrared Systems Market, by Type by Country, 2017-2023
Continues...
List of Figures
Figure 1 Research Process of Mrfr
Figure 2 Top Down & Bottom Up Approach
Figure 3 Market Dynamics
Figure 4 Impact Analysis: Market Drivers
Figure 5 Impact Analysis: Market Restraints
Figure 7 Porter’s Five Forces Analysis
Figure 7 Value Chain Analysis
Continues...
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