Military Electro-optical and Infrared Systems Market Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026
According to the IMARc group, Military electro-optical and infrared (EO/IR) systems are various land-, air-, and naval-based discrete technological solutions used for creating situational awareness. The air-based systems consist of optic sights, night vision, inspection systems, and helmet-mounted displays. Weapon-mounted sights, optronic devices, thermal imagers, and laser range finders are included in land-based systems. The naval-based systems comprise of infrared imagers and detectors, and surveillance and tracking systems. These devices use hyperspectral and multispectral imaging technologies and are generally used for conducting combat, surveillance, patrol reconnaissance, and search and rescue operations.
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The increasing geopolitical conflicts, along with the rising incidences of terror attacks worldwide, are primarily driving the market for military EO/IR systems. Furthermore, the rapid integration of military EO/IR systems with missile warning receivers and electronic warfare, optical surveillance and observation systems, and unmanned vehicles, is also contributing to the market growth. Additionally, several technological advancements have led to the development of longwave infrared and EO laser guidance systems that provide enhanced thermal imaging, accurate target recognition, and offer reliable information to the crew, thereby further catalyzing the global market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global military electro-optical and infrared systems market report, along with forecasts for growth at the global, regional and country level from 2021-2026. Our report has categorized the market based on region, platform, system, sensor type, technology and wavelength.
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Breakup by Platform:
- Air-Based
- Sea-Based
- Land-Based
Breakup by System:
- Targeting System
- Electronic Support Measure (ESM) System
- Imaging System
- Multispectral Imaging System
- Hyperspectral Imaging System
Breakup by Sensor Type:
- Staring Sensor
- Scanning Sensor
Breakup by Technology:
- Cooled
- Uncooled
Breakup by Wavelength:
- Ultraviolet
- Near Infrared
- Short and Medium Wavelength Infrared
- Long Wavelength Infrared
Breakup by Region:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being BAE Systems Plc, Elbit Systems Ltd., FLIR Systems Inc., Israel Aerospace Industries, L3Harris Technologies Inc., Leonardo S.p.A., Lockheed Martin Corporation, Raytheon Technologies Corporation, Rheinmetall AG, Saab AB and Thales Group.
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