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The report provides detailed analysis of the global military EO/IR Systems market over the next ten years, alongside potential market opportunities to enter the industry, using detailed market size forecasts. It also provides detailed analysis of both historic and forecast global industry values, factors influencing demand, the challenges faced by industry participants, analysis of the leading companies in the industry and key news.
What are the key drivers behind recent market changes?
The need for advanced situational awareness and information dissemination abilities is driving the development and procurement of several EO/IR based aircraft, rotorcraft and UAV payload systems. The industry participants are significantly investing in R and D in order to emerge with innovations in ground based, air based and naval segments. The MoDs are procuring a range of new sighting devices for their weapons as well as wearable night vision and thermal imaging systems for their future soldier programs.
What makes this report unique and essential to read?
“The Global Military Electro Optical Infrared (EO/IR Systems) Market 2014-2024” provides detailed analysis of the current industry size and growth expectations from 2014 to 2024, including highlights of key growth stimulators. It also benchmarks the industry against key global markets and provides a detailed understanding of emerging opportunities in specific areas.
Complete report is available at http://marketreportsstore.com/the-global-military-electro-optical-infraredeoirmarket-2014-2024/ .
Key Features and Benefits
- The report provides detailed analysis of the market for military EO/IR Systems during 2014-2024, including the factors that influence why countries are investing or cutting expenditure on military ammunition. It provides detailed expectations of growth rates and projected total expenditure.
- Governments worldwide recognize the need to increase the promptness of military attacks while shortening the time taken to complete a mission. This is where EO/IR Systems are increasing in importance, with their ability to reduce the ISR mission-cycle time and help towards the rapid, ad hoc integration of platforms into strike forces and fast-reaction mission planning. The forecast period will also witness robust development of EO/IR compatible software applications to be used for the successful working of EO/IR Systems procured for various combat and homeland security purposes and to be used across all three platforms including air, sea and land. Use of these software applications on naval platforms is expected to present the fastest growing opportunity for suppliers during the forecast period.
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- Recent years have witnessed a surge in the use of EO-IR Systems for ground soldiers and this trend is expected to further strengthen over the forecast period. Some of the new devices including EO/IR Wideband radios, thermal imagers, EO sensors, EO and IR high definition, and long range cameras incorporate an array of innovations, providing dismounted soldiers with improved capability in terms of protection, observation, lethality, survivability and C4I (command, control, communications, computers, and intelligence).
- The military EO/IR market is witnessing rapid technological advancements owing to the continuously evolving needs of the militaries for ISR activities. The industry participants are significantly investing in R and D in order to emerge with innovations in ground based, air based and naval segments. The MoDs are procuring a range of new sighting devices for their weapons as well as wearable night vision and thermal imaging systems for their future soldier programs.
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Table of Content for “The Global Military Electro Optical Infrared (EO/IR) Market 2014-2024” research report includes:
4 Industry Trends, Recent Developments and Challenges
4.1 Technological Developments
4.1.1 New technologies to boost development in night vision goggles
4.1.2 Hyper spectral sensor payloads to provide enhanced monitoring and detection capabilities
4.1.3 Strained-Layer-Superlattice Infrared Camera for UAV Payloads
4.1.4 New precision targeting system to increase accuracy of threat detection and response capabilities
4.2 Market Trends
4.2.1 Development of new software applications compatible with EO/IR Systems
4.2.2 The market is currently witnessing a shift from the procurement of conventional UAVs to Mini, Micro and Nano UAVs, thus resulting in the procurement of related EO/IR Systems
4.2.3 Electro-optical systems becoming extremely popular with ground forces
4.3 Industry Consolidation
4.3.1 Joint ventures expected to increase over the forecast period
4.3.2 Companies making acquisitions in the EO/IR Systems segment to harness the significant opportunities
4.4 Key Challenges
4.4.1 Austerity measures slowing down procurements
4.4.2 Miniaturization is becoming a major challenge for the industry
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