Global Military Electro Optical and Infrared Systems Market

The Global Military Electro Optical and Infrared Systems Market has grown exponentially in the past decade due to growing territorial disputes. The market is expected to grow by 7% by 2022. Increased focus on Naval Warfare has driven many naval agencies to upgrade their naval platforms with enhanced electro optical and infrared systems. The military Electro Optical and Infrared Systems Market has grown mainly because of developments in sensor technologies.

End-user/Technology

The new Electro Optical and Infrared Systems have many functionalities like target laser range finders, Electro Optical Target Pods, Thermo graphic sensors, laser spot detectors and low light devices like television cameras. There has been a growing preference for smaller UAVs. This has led to development of miniature sized Electro Optical and Infrared Systems.

Market Dynamics

Majority spending in Electro Optical and Infrared Systems Market is done in R&D and development of miniature sized EO Systems which can be fitted in small UAVs. Due to border issues between countries, the market and demand for Electro Optical and Infrared Systems keeps expanding with arenas for new technological development and upgraded systems. Development of light weight, robust and cost effective systems is important for significant missions. The market is expected to grow in development in this arena.

Market Segmentation

The Global Electro Optical and Infrared Systems Market can be segmented into three types - Land Based, Naval and Air Borne. Land based deals with all the land based platforms for Electro Optical and Infrared Systems, Naval deals with the Sea based naval platforms and Air Borne deals with aircrafts fitted with EO systems. The relative proportion of expenditure on these segments has been the most on air borne segment, followed by naval and land based. Land based segment of Electro Optical and Infrared Systems Market is expected to see highest growth rate in the forecasted period.

Regional/Geographic Analysis

The major regions in the Global Electro Optical and Infrared Systems Market are America, Asia Pacific, Europe, Middle East and Africa. America dominates the Electro Optical and Infrared Systems Market and is expected to keep doing so in the forecasted period. It is the key revenue generator in this market.

Key players

The Key players in the global Electro Optical and Infrared Systems Market are Lockheed Martin, BAE Systems, Thales, Elbit Systems, Raytheon, DRS Technologies, CONTROP Precision Technologies, Harris, General Dynamics, Saab, L3 Communications and Israel Aerospace Industries.

Report Contents:

> Market segments
> Market Drivers, Restraints and Opportunities
> Market Size & Forecast 2016 to 2022
> Supply & Demand Value Chain
> Market - Current Trends
> Competition & Major Companies
> Technology and R&D Status
> Porters Five Force Analysis
> Strategic and Critical Success Factor Analysis of Key players

Regional Analysis:

> North America

>> US and Canada


> Latin America

>> Mexico, Brazil, Argentina and Rest of Latin America


> Western Europe

>> EU5 (Germany, France, Italy, Spain, U.K.)
>> Nordic Countries (Denmark, Finland, Norway, and Sweden)
>> Benelux (Belgium, The Netherlands, and Luxembourg)
>> Rest of Western Europe


> Eastern Europe

>> Russia
>> Poland
>> Rest of Eastern Europe


> Asia Pacific

>> China
>> India
>> Japan
>> Australia and New Zealand
>> Rest of Asia Pacific


> Middle East and Africa

>> GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
>> South Africa
>> North Africa
>> Rest of Middle East and Africa



This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on Market Segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.

Report Highlights:

> Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
> Consumer and Pricing Analysis
> Market Dynamics of the industry
> Market Segmentation
> Estimated Market Sizing in terms of volume and value
> Recent trends in Market and impact
> Research Status and Technology Overview
> Extensive Industry Structure Coverage

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