Report cover image

Electro Optical Targeting System Market, By Platform (Aircraft, Ground Vehicles, Naval Vessels, and Handheld/Portable), By Application (Intelligence, Surveillance, and Reconnaissance, Targeting, Weapon Guidance, and Others), By End User (Military, Homelan

Published Feb 27, 2025
Length 140 Pages
SKU # CMI19905830

Description

Global electro optical targeting system market growth is driven by rising defense spending across major economies for procuring advanced targeting systems. Electro optical targeting system (EOTS) enhances situational awareness and precision strike capability of platforms like tanks, aircraft and UAVs. It assists in target detection, recognition and identification through day and night vision beyond the visible spectrum. With modern warfare relying greatly on network centric capabilities and real-time battlefield intelligence, EOTS has become a crucial component of military hardware. Major defense contractors have been investing heavily in developing next generation EOTS with advanced sensor fusion, artificial intelligence and autonomous tracking features to gain technological edge.

Market Dynamics:

The market growth is driven by factors such as increasing procurement of unmanned combat platforms, modernization of legacy targeting systems and growing emphasis on networked precision fires. However, high investment and maintenance costs of EOTS can hamper the market growth. Ongoing R&D in miniaturization of components and development of multi-sensor EOTS can offer market growth opportunities. Market players focus on integrating EOTS into small drones and guided ammunitions. Adoption of artificial intelligence for automating target detection can also offer growth opportunities Collaborations between technology companies and armed forces can boost innovations in electro optical and infrared targeting technologies.

Key features of the study:
  • This report provides in-depth analysis of the global electro optical targeting system market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2025–2032), considering 2024 as the base year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players such as BAE Systems, Elbit Systems, FLIR Systems, General Atomics, Harris Corporation, Hensoldt, Leonardo S.p.A., L3 Technologies, Northrop Grumman, Raytheon Technologies, Rheinmetall AG, Saab Group, Sagem, Thales Group, and Ultra Electronics
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
  • Global electro optical targeting system market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Detailed Segmentation-
  • By Platform Insights (Revenue, USD Bn, 2020 - 2032)
  • Aircraft
  • Ground Vehicles
  • Naval Vessels
  • Handheld/Portable
  • By Application Insights (Revenue, USD Bn, 2020 - 2032)
  • Intelligence, Surveillance, and Reconnaissance (ISR)
  • Targeting
  • Weapon Guidance
  • Others
  • By End User Insights (Revenue, USD Bn, 2020 - 2032)
  • Military
  • Homeland Security
  • Law Enforcement
  • Others (Research, Commercial, etc.)
  • By Regional Insights (Revenue, USD Bn, 2020 - 2032)
  • North America
  • U.S.
  • Canada
  • Latin America
  • Brazil
  • Argentina
  • Mexico
  • Rest of Latin America
  • Europe
  • Germany
  • U.K.
  • Spain
  • France
  • Italy
  • Russia
  • Rest of Europe
  • Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • ASEAN
  • Rest of Asia Pacific
  • Middle East
  • GCC Countries
  • Israel
  • Rest of Middle East
  • Africa
  • South Africa
  • North Africa
  • Central Africa
  • Key Players Insights
  • BAE Systems
  • Elbit Systems
  • FLIR Systems
  • General Atomics
  • Harris Corporation
  • Hensoldt
  • Leonardo S.p.A.
  • L3 Technologies
  • Northrop Grumman
  • Raytheon Technologies
  • Rheinmetall AG
  • Saab Group
  • Sagem
  • Thales Group
  • Ultra Electronics

Table of Contents

140 Pages
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Global Electro Optical Targeting System Market, By Platform
Global Electro Optical Targeting System Market, By Application
Global Electro Optical Targeting System Market, By End User
Global Electro Optical Targeting System Market, By Region
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Impact Analysis
Key Highlights
Regulatory Scenario
Product Launches/Approvals
PEST Analysis
PORTER’s Analysis
Merger and Acquisition Scenario
4. Global Electro Optical Targeting System Market, By Platform, 2020-2032, (USD Bn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021- 2032
Segment Trends
Aircraft
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Ground Vehicles
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Naval Vessels
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Handheld/Portable
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
5. Global Electro Optical Targeting System Market, By Application, 2020-2032, (USD Bn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Intelligence, Surveillance, and Reconnaissance (ISR)
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Targeting
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Weapon Guidance
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Others
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
6. Global Electro Optical Targeting System Market, By End User, 2020-2032, (USD Bn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Military
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Homeland Security
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Law Enforcement
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Others (Research, Commercial, etc.)
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
7. Global Electro Optical Targeting System Market, By Region, 2020 - 2032, (USD Bn)
Introduction
Market Share (%) Analysis, 2025,2028 & 2032, (USD Bn)
Market Y-o-Y Growth Analysis (%), 2021- 2032, (USD Bn)
Regional Trends
North America
Introduction
Market Size and Forecast, By Platform, 2020 - 2032, (USD Bn)
Market Size and Forecast, By Application, 2020 - 2032, (USD Bn)
Market Size and Forecast, By End User, 2020 - 2032, (USD Bn)
Market Size and Forecast, By Country, 2020 - 2032, (USD Bn)
U.S.
Canada
Latin America
Introduction
Market Size and Forecast, By Platform, 2020 - 2032, (USD Bn)
Market Size and Forecast, By Application, 2020 - 2032, (USD Bn)
Market Size and Forecast, By End User, 2020 - 2032, (USD Bn)
Market Size and Forecast, By Country, 2020 - 2032, (USD Bn)
Brazil
Argentina
Mexico
Rest of Latin America
Europe
Introduction
Market Size and Forecast, By Platform, 2020 - 2032, (USD Bn)
Market Size and Forecast, By Application, 2020 - 2032, (USD Bn)
Market Size and Forecast, By End User, 2020 - 2032, (USD Bn)
Market Size and Forecast, By Country, 2020 - 2032, (USD Bn)
Germany
U.K.
Spain
France
Italy
Russia
Rest of Europe
Asia Pacific
Introduction
Market Size and Forecast, By Platform, 2020 - 2032, (USD Bn)
Market Size and Forecast, By Application, 2020 - 2032, (USD Bn)
Market Size and Forecast, By End User, 2020 - 2032, (USD Bn)
Market Size and Forecast, By Country, 2020 - 2032, (USD Bn)
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Middle East
Introduction
Market Size and Forecast, By Platform, 2020 - 2032, (USD Bn)
Market Size and Forecast, By Application, 2020 - 2032, (USD Bn)
Market Size and Forecast, By End User, 2020 - 2032, (USD Bn)
Market Size and Forecast, By Country, 2020 - 2032, (USD Bn)
GCC Countries
Israel
Rest of Middle East
Africa
Introduction
Market Size and Forecast, By Platform, 2020 - 2032, (USD Bn)
Market Size and Forecast, By Application, 2020 - 2032, (USD Bn)
Market Size and Forecast, By End User, 2020 - 2032, (USD Bn)
Market Size and Forecast, By Country/Region, 2020 - 2032, (USD Bn)
South Africa
North Africa
Central Africa
8. Competitive Landscape
BAE Systems
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Elbit Systems
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
FLIR Systems
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
General Atomics
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Harris Corporation
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Hensoldt
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Leonardo S.p.A.
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
L3 Technologies
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Northrop Grumman
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Raytheon Technologies
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Rheinmetall AG
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Saab Group
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Sagem
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Thales Group
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Ultra Electronics
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
9. Analyst Recommendations
Wheel of Fortune
Analyst View
Coherent Opportunity Map
10. References and Research Methodology
References
Research Methodology
About us
*Browse 32 market data tables and 28 figures on 'Electro Optical Targeting System Market' - Global forecast to 2032
How Do Licenses Work?
Request A Sample
Head shot

Questions or Comments?

Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.