Global Military Electro-optical and Infrared Systems Market 2016-2020

  • ID: 3972214
  • Report
  • Region: Global
  • 64 pages
  • TechNavio
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FEATURED COMPANIES

  • BAE Systems
  • DRS Technologies
  • Elbit Systems
  • General Dynamics
  • Harris
  • L-3 Communications
  • MORE
About Military Electro-optical and Infrared Systems

EO/IR systems are an essential part of military operations. These systems encompass a broad array of distinct technologies that are based on target acquisitions and mission requirements. Such EO/IR systems are used in different military applications like airborne, land-based, and naval. Some of the airborne EO/IR systems are optic sights, observation systems, helmet mounted displays, and night vision systems. Land-based EO/IR systems include night vision goggles, weapon mounted sights, vehicle mounted optronics devices, thermal imagers, laser rangefinders, and designators. Naval based EO/IR systems include thermal imagery systems, infrared imaging and detectors, optronics mast systems, and surveillance and tracking systems. These systems assist in the battlefield with better visibility, tracking, and targeting of enemy locations.

The analysts forecast the global military electro-optical and infrared systems market to grow at a CAGR of 6.63% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global military electro-optical and infrared systems market for 2016-2020. To calculate the market size, the report considers the revenue generated in the overall market from the procurement of new EO/IR systems.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

The report, Global Military Electro-optical and Infrared Systems Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- BAE Systems
- Elbit Systems
- Lockheed Martin
- Raytheon
- Thales

Other prominent vendors
- CONTROP Precision Technologies
- DRS Technologies
- General Dynamics
- Harris
- Israel Aerospace Industries
- L-3 Communications
- Saab

Market drivers
- Increasing focus on maritime capabilities.
- For a full, detailed list, view the full report

Market challenges
- Barriers to adoption of new technology and equipment.
- For a full, detailed list, view the full report

Market trends
- Development of miniaturized EO/IR systems.
- For a full, detailed list, view the full report

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • BAE Systems
  • DRS Technologies
  • Elbit Systems
  • General Dynamics
  • Harris
  • L-3 Communications
  • MORE
Part 01: Executive summary
  • Highlights
Part 02: Scope of the report
  • Market overview
  • Top vendor offerings
Part 03: Market research methodology
  • Research methodology
  • Economic indicators
Part 04: Introduction
  • Key market highlights
Part 05: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
Part 06: Market segmentation by application
  • Segmentation of global military EO/IR systems market by application
  • Airborne EO/IR systems market
  • Land-based EO/IR sensors
  • Naval EO/IR systems market
Part 07: Geographical segmentation
  • Geographical segmentation of global military EO/IR systems market
  • Military EO/IR systems market in Americas
  • Military EO/IR systems market in EMEA
  • Military EO/IR systems market in APAC
Part 08: Market drivers
  • Greater emphasis on situational awareness
  • Increasing focus on maritime capabilities
  • Use of tactical UAVs in an integrated C4ISR environment
Part 09: Impact of drivers

Part 10: Market challenges
  • Barriers to adoption of new technology and equipment
  • Complexities in cyber security
  • Spectrum management issues
Part 11: Impact of drivers and challenges

Part 12: Market trends
  • Development of miniaturized EO/IR systems
  • Adoption of sensor fusion technology
  • Preference for integrated C4ISR environment
Part 13: Vendor landscape
  • Competitive landscape
  • BAE Systems
  • Elbit Systems
  • Lockheed Martin
  • Raytheon
  • Thales
  • Other prominent vendors
Part 14: Appendix
  • List of abbreviations
Part 15: About the Author

List of Exhibits
Exhibit 01: Product offerings
Exhibit 02: Classification of EO/IR missions
Exhibit 03: Global military EO/IR systems market: Key takeaways
Exhibit 04: Key buying criteria for military EO/IR systems
Exhibit 05: Segmentation of global military EO/IR systems market 2015-2020
Exhibit 06: Global military EO/IR systems market 2015-2020 ($ billions)
Exhibit 07: Five forces analysis
Exhibit 08: Segmentation of global military EO/IR systems market by application 2015 and 2020
Exhibit 09: Segmentation of global military EO/IR systems market by application 2015 -2020 ($ billions)
Exhibit 10: Airborne EO/IR systems market 2015-2020 ($ billions)
Exhibit 11: Land-based EO/IR systems market 2015-2020 ($ billions)
Exhibit 12: Ground combat and surveillance vehicles 2015-2020 (in units)
Exhibit 13: Naval EO/IR systems market 2015-2020 ($ billions)
Exhibit 14: Geographical segmentation of global military EO/IR systems market 2015 and 2020
Exhibit 15: Geographical segmentation of global military EO/IR systems market 2015-2020 ($ billions)
Exhibit 16: Military EO/IR systems market in Americas 2015-2020 ($ billions)
Exhibit 17: Key airborne platforms of the US
Exhibit 18: Military EO/IR systems market in EMEA 2015-2020 ($ billions)
Exhibit 19: Military EO/IR systems market in APAC 2015-2020 ($ billions)
Exhibit 20: Global defense UAV market for C4ISR payload ($ billions)
Exhibit 21: Impact of drivers
Exhibit 22: Impact of drivers and challenges
Exhibit 23: Key advantages of enterprise integration approach
Exhibit 24: Major competitors: Benchmarking
Exhibit 25: Major vendors in global military EO/IR systems market 2015
Exhibit 26: BAE Systems: Business segmentation by revenue 2015
Exhibit 27: BAE Systems: Key solutions
Exhibit 28: Elbit systems: Business segmentation by revenue 2015
Exhibit 29: Elbit Systems: Key applications areas of EO systems
Exhibit 30: Elbit Systems: Key products
Exhibit 31: Lockheed Martin: Business segmentation by revenue 2015
Exhibit 32: Lockheed Martin: Key capabilities
Exhibit 33: Raytheon: Business segmentation by revenue 2015
Exhibit 34: Raytheon: Key products
Exhibit 35: Thales: Business segmentation by revenue 2015
Exhibit 36: Key features of MIRADOR
Exhibit 37: Thales: Airborne vision (sensor-based product portfolio)
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FEATURED COMPANIES

  • BAE Systems
  • DRS Technologies
  • Elbit Systems
  • General Dynamics
  • Harris
  • L-3 Communications
  • MORE
New Report Released: – Global Military Electro-optical and Infrared Systems Market 2016-2020

The author of the report recognizes the following companies as the key players in the global military electro-optical and infrared systems market: BAE Systems, Elbit Systems, Lockheed Martin, Raytheon, and Thales.

Other prominent vendors in the market are: EO/IR systems market include CONTROP Precision Technologies, DRS Technologies, General Dynamics, Harris, Israel Aerospace Industries, L-3 Communications, and Saab.

Commenting on the report, an analyst from the research team said: “One of latest trends in the market is adoption of sensor fusion technology. As the demand for sensor-based systems grows within defense operations, the need for engaging more trained professional for data parsing is also increasing. This is to ensure a shortening of the period of time consumed during the transition of raw data into an actual set of useable information. This entire process can substantially increase the operating expenses of military agencies. Therefore, military agencies are focusing on adopting alternative approaches like sensor fusion technology, which advocates the amalgamation of an assortment of sensors supported by an integrated software that can deliver final products instead of a set of raw data. In July 2015, the US Army began a feasibility study for the potential development of multispectral sensor fusion technology with an objective to aid helicopter pilots in degraded visual environment conditions.”

According to the report, one of the primary drivers in the market is greater emphasis on situational awareness. The idea of enhancing situational awareness capabilities within military agencies advocates the organized acquisition and comprehension of elements and events that are used to dominate in combat situations, as well as establish national security countermeasure policies. Situational awareness has been recognized as one of the most critical aspects of defense practices, which corroborates the decision-making process of defense agencies. Over the last two decades, the increasing adoption of digitization among military agencies has been the key reason propelling the advancement in EO/IR sensor technologies. These sensors, with the help of data processing systems, serve as an integral resource for military agencies in surveillance applications.

Further, the report states that one major challenge in the market is barriers to adoption of new technology and equipment. Vendors in this market are required to adhere to the stringent regulatory norms of different countries. There are many vendors that work with government agencies and departments of defense within the countries. In addition, military forces are facing difficulties in adoption of new technologies, as they soon become outdated. Also, with the evolution of new technologies, vendors need to update their EO/IR systems. EO/IR systems that are in the inventory of the company lose their market value due to the evolution and adoption of new technologies. Incorporating such technological changes into existing EO/IR entails large expenditure, which ultimately increases the cost of the EO/IR systems. Many organizations are delaying the purchase of EO/IR systems to procure more efficient and compact systems that are still in the making.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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  • BAE Systems
  • Elbit Systems
  • Lockheed Martin
  • Raytheon
  • Thales
  • EO/IR systems market include CONTROP Precision Technologies
  • DRS Technologies
  • General Dynamics
  • Harris
  • Israel Aerospace Industries
  • L-3 Communications
  • Saab
Note: Product cover images may vary from those shown
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