EO and IR Gimbal for Military Market Revenue, Insights, Overview, Outlook, Analysis | Valuates Reports

EO and IR Gimbal for Military Market Size

The global EO and IR Gimbal for Military market was valued at US$ 890 million in 2023 and is anticipated to reach US$ 1141 million by 2030, witnessing a CAGR of 3.7% during the forecast period 2024-2030.

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An EO and IR Gimbal is a device commonly used in various applications such as surveillance, reconnaissance, and target acquisition. It consists of a stabilized platform that can house multiple sensors, including electro-optical and infrared cameras.

Both EO and IR gimbal products typically feature a range of adjustable parameters, such as zoom, focus, and field of view, to optimize performance for specific applications. They may also include additional features such as video recording, image analysis software, and wireless communication capabilities for remote operation and data transmission.

This report studies the EO (Electro-Optical) and IR (Infrared) Gimbal for military.

North American market for EO and IR Gimbal for Military is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.

Asia-Pacific market for EO and IR Gimbal for Military is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.

The major global manufacturers of EO and IR Gimbal for Military include Northrop Grumman, L3Harris, Teledyne FLIR, China North Industries Group, Elbit Systems, Safran, Controp Precision Technologies, Edge Autonomy, Collins Aerospace, Ascent Vision Technologies, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.

The EO and IR Gimbal for Military market size, estimations, and forecasts are provided in terms of output/shipments (Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global EO and IR Gimbal for Military market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the EO and IR Gimbal for Military manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

By Type
• 2-axis EO/IR Gimbal
• 3-axis EO/IR Gimbal

By Application
• Military Aircraft
• Military Boat
• Military Vehicles

Key Companies
Northrop Grumman, Teledyne FLIR, China North Industries Group, Elbit Systems, Safran, Controp Precision Technologies, Edge Autonomy, Collins Aerospace, Ascent Vision Technologies, Leonardo DRS

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This release was published on openPR.