Global Electro-Optical/Infrared (EO/IR) Systems Market 2018-2028

by Sameer Joshi or 01-Jul-2018

Geo-political factors and rise of terrorism in various countries have led to activities such as illegal immigration, drug trafficking, money laundering, weapons smuggling and others across borders.

Governments worldwide as constantly in pursuit to uplift the surveillance and detection of such activities in order to preserve the national integrity, protect citizens and critical infrastructure. These factors compel countries to undertake substantial investment programs for modernization and upgrade of their capabilities, thereby fueling demand for EO/IR systems.

Rupantar Guha, analyst at Publisher says,

“Rapid advancement of sensor systems and the growing application of commercial-off-the-shelf (COTS) technologies are enabling military forces to enhance their ISR capabilities on varied platforms, especially for border and maritime security.

The demand for powerful, lightweight and cost-effective systems, has also gained momentum owing to the increasing adoption of UAVs among the armed forces. This factor directly influences the market for EO/IR systems as most of the miniaturized (mini/ micro/ nano) UAVs require EO/IR technology driven by sophisticated and high performing sensors, cameras and other electro-optic payloads. Also it puts an additional focus on related research and development activities.”

Reasons to Buy:

  • Determine prospective investment areas based on a detailed trend analysis of the global military EO/IR systems market over the next ten years.

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  • Strengthen your understanding of the market in terms of demand drivers, industry trends, and the latest technological developments.

  • Identify the major channels that are driving the global military EO/IR systems market, providing a clear picture about future opportunities that can be tapped, resulting in revenue expansion.