The demand for electro-optical and infrared systems is on the rise in the military and law-enforcement sectors. These imaging systems are widely used in applications requiring long-range imaging and image stabilization. The development of modern warfare systems and the integration of advanced technologies are contributing profoundly to the growth of the electro-optical and infrared systems market during the forecast period.
MARKET DYNAMICS
The military electro-optical and infrared systems market is likely to witness robust growth in the forecast period on account of increased deployment of electro-optics and infrared systems in unmanned vehicles. Technological advancements in IR systems and growing demand for battlespace awareness is further expected to fuel the growth of the military electro-optical and infrared systems. However, extreme weather conditions are a challenge to the growth of the military electro-optical and infrared systems market during the forecast period.
MARKET SCOPE
The "Global Military Electro-optical And Infrared Systems Market Analysis to 2028" is a specialized and in-depth study of the aerospace and defense industry with a special focus on the global market trend analysis. The report aims to provide an overview of military electro-optical and infrared systems market with detailed market segmentation by system, wavelength, technology, imaging technology, platform, and geography. The global military electro-optical and infrared systems market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading military electro-optical and infrared systems market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global military electro-optical and infrared systems market is segmented on the basis of system, wavelength, technology, imaging technology, and platform. Based on system, the market is segmented as electronic support measure (ESM), imaging system, and targeting system. On the basis of wavelength, the market is segmented as infrared, near infrared, and ultraviolet. By technology, the classification is as cooled and uncooled. Based on imaging technology, the market is segmented as multispectral and hyper spectral. On the basis of the platform, the market is segmented as land, air, and naval.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global military electro-optical and infrared systems market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The military electro-optical and infrared systems market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 14 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting military electro-optical and infrared systems market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive Porter's five force analysis.
MARKET PLAYERS
The reports cover key developments in the military electro-optical and infrared systems market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from military electro-optical and infrared systems market are anticipated to lucrative growth opportunities in the future with the rising demand for military electro-optical and infrared systems in the global market. Below mentioned is the list of few companies engaged in the military electro-optical and infrared systems market.
The report also includes the profiles of key military electro-optical and infrared systems companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years.
- Elbit Systems Ltd.
- Kongsberg Gruppen AS
- L3Harris Technologies, Inc.
- Leonardo S.p.A.
- Lockheed Martin Corporation
- Northrop Grumman Corporation
- Rheinmetall AG
- Saab AB
- Thales SA
- ZEISS Corporate Group
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.