Military Electro-Optics/Infrared (EO/IR) Systems Market Latest Research Report Of COVID-19 Impact Study By 2021-2028 | UTC Aerospace, Rockwell Collins, Raytheon, Northrop Grumman Corporation, BAE Systems Plc., Thales Group

North America Dominates The Global Military Electro-Optics/Infrared Systems Market

The Military Electro-Optics/Infrared (EO/IR) is expected to reach USD 29.31 billion by 2028 at a CAGR of 5.1% over the forecast period. Global military electro-optics/infrared systems are an integral part of military operations. These systems consist of a broad assortment of discrete technologies which are centred on mission requirements and target acquisitions. The electro-optical and infrared systems are used in diverse military applications such as airborne, land-based and naval. Some of the airborne electro-optical and infrared are observation systems, night visions systems, optic sights and helmet-mounted displays. Land-based electro-optical and infrared systems comprise weapon mounted sights, vehicle-mounted optronics devices, night vision goggles and thermal imagersand. These systems help in the combat zone with the enhanced visibility, targeting and tracking of enemy locations.

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Top Key Players Profiled in this report:

1. UTC Aerospace
2. Rockwell Collins
3. Raytheon
4. Northrop Grumman Corporation
5. BAE Systems Plc.
6. Thales Group
7. Lockheed Martin Corporation
8. L3 Technologies
9. Leonardo DRS,
10. Hensoldt GmbH

Global Military Electro-Optics/Infrared Systems Market Dynamics

With a significant CAGR over the forecast period, the global military electro-optics/infrared systems market is expected to grow. Including the product category, market analysis based on applications, region-based analysis, and the presence of the global military electro-optics/infrared systems market is presented. The study presents a thorough overview of emerging trends and competitive scenarios. The research keeps you up-to-date with major developments in the industry and lets you improve your competitor study. For example, distribution, type capability, production, benefit, demand, price, promotion forecast, and development speed were analyzed for the global industrial market requirements. The report also analyses the future growth prospects of the global market on a worldwide as well as regional basis.

Important Influences Driving the Global Electro-Optics/Infrared Systems In Defence Market:

1. Increasing demand for electro-optics/infrared system in defence will drive market growth.
2. Increasing usage of electro-optics/infrared systems in defence is anticipated to fuel the market.
3. The growth of the defence industry is expected to augment market growth due to the increasing population.
4. Increasing research and development activities to explore the applications of defence technology in the global industry is anticipated to drive the market growth.

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Global Electro-Optics/Infrared Market Segmentation

The global electro-optics/infrared systems market on the basis of platform type is segmented into land, air and naval. On the other hand, based on the system type, the market is classified into targeting system, imaging system and electronic support measures. On the basis of sensor technology type, the global market is segmented into scanning sensor as well as the staring sensor. Based on the imaging technology, the market is segregated into multispectral and hyperspectral

Regional Analysis Of Global Electro-Optics/Infrared In Defence Market

The report gives a thorough overview of the industry including qualitative and quantitative data. It also offers an overview and forecast of the global electro-optics/infrared in the defence market with the help of various segments. It gives the market size and forecast estimates year with respect to five major regions such as North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. As compared to the market in other countries, the North American market holds one of the largest revenue shares in the global market for electro-optics/infrared. North America accounts for a large share of sales in the global market, followed by electro-optics/infrared in defence of the Asia Pacific, Latin America and Middle East & Africa markets. The market size, as well as forecast for each of the above-mentioned regions as well as countries, have been provided from the year 2016 to 2028 along with their respective CAGRs. This research study also contains the entire competition scenario in these countries.

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Market Segmentation:
By Platform:
• Land
• Air
• Naval

By System:
• Targeting
• Electronic Support Measure
• Imaging

By Wavelength:
• Near Infrared
• Short Infrared
• Medium Infrared
• Long Infrared
• Ultra-Violet

By Imaging Technology:
• Hyperspectral
• Multispectral

By Region:
• North America
o By Country (US, Canada, Mexico)
o By Platform
o By System
o By Wavelength
o By Imaging Technology

• Western Europe:
o By Country (Germany, UK, France, Spain, Rest of Western Europe)
o By Platform
o By System
o By Wavelength
o By Imaging Technology

• Eastern Europe:
o By Country (Russia, Turkey, Rest of Eastern Europe)
o By Platform
o By System
o By Wavelength
o By Imaging Technology

• Asia Pacific
o By Country (China, Japan, India, Rest of Asia Pacific)
o By Platform
o By System
o By Wavelength
o By Imaging Technology

• Middle East:
o By Country (UAE, Qatar, Iran, Saudi Arabia, Rest of Middle East)
o By Platform
o By System
o By Wavelength
o By Imaging Technology

• Rest of the World
o By Region (Latin America, Brazil, Rest of the World)
o By Platform
o By System
o By Wavelength
o By Imaging Technology

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