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Military Electro-optics/Infrared (EO/IR) Systems Market Share

  • Report ID: GMI5736
  • Published Date: May 2023
  • Report Format: PDF

Military Electro-optics/Infrared (EO/IR) Systems Market Share

Major companies operating in the military Electro-optics/Infrared systems market include :

  • BAE Systems plc
  • CONTROP Precision Technologies Ltd
  • Elbit Systems Ltd
  • Excelitas Technologies Corp
  • Israel Aerospace Industries
  • L3Harris Technologies, Inc
  • Leonardo S.p.A.
  • Lockheed Martin Corporation
  • Northrop Grumman
  • Raytheon Technologies Corporation
  • Rheinmetall AG
  • Saab AB, Safran SA
  • Teledyne FLIR LLC
  • Thales Group
  • Ultra Electronics Holdings plc. 
Authors: Suraj Gujar

Frequently Asked Questions (FAQ) :

The market size of military electro-optics/infrared systems was valued at USD 5 billion in 2022 and will record more than 6% CAGR from 2023 to 2032 due to the growing need for intelligence, surveillance, and reconnaissance (ISR).

Naval military electro-optics/infrared systems market will record 6% CAGR from 2023 to 2032 owing to greater focus on maritime surveillance, threat detection, and target identification.

Demand for infrared military electro-optics/infrared systems is posed to record 5% CAGR from 2023 to 2032 on account of the rising need for tracing and detecting targets in nighttime and low-light conditions.

North America military EO/IR systems industry size is expected to exhibit 6% CAGR from 2022 – 2032 due to the rising expenditure on weapon systems to counter enemies on the battlefield in the country.

Military Electro-optics/Infrared (EO/IR) Systems Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 16
  • Tables & Figures: 341
  • Countries covered: 21
  • Pages: 200
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