Global Military Electro-optical/Infrared Systems Market 2020-2030

Global Military Electro-optical/Infrared Systems Market 2020-2030

Summary

The Global Military Electro-optical/Infrared Systems Market 2020-2030 report provides the market size forecast and the projected Compound Annual Growth Rate (CAGR) for the next ten years. The report covers the industry analysis including the key market drivers, emerging technology trends, and major challenges faced by industry participants. It also offers insights regarding key factors and government programs that are expected to influence the demand for EO/IR systems over the forecast period.

The military EO/IR market is witnessing greater demand from airborne platforms leading to sustained investment in the airborne EO/IR segment. Modern airborne warfare platforms are becoming increasingly focused on information superiority and situational awareness, and this is expected to be a major factor driving spending in this sector. This theory is further supported by increasing investments by most major militaries in targeting systems, infrared countermeasure systems, high resolution payloads, and other systems. North America accounted for a significant share of the market in 2020, primarily due to high demand from the US armed forces for EO/IR systems. The increasing funding from the US government for R&D activities and domestic demand from the military are key contributors to the US market for military EO/IR systems.Global technologies and developments in military EO/IR have led to the adoption of these systems on large numbers of warfare platforms. Research in the field of 3rd generation forward-looking infrared, nonlinear crystals, advanced smart sensors and seekers, laser radars, advanced 3D visualization, persistent surveillance systems, multispectral and hyperspectral sensors, is leading to the creation of more capable EO/IR systems.

The Airborne EO/IR systems segment is expected to record significant growth during the forecast period due to increased procurement of aerial warfare platforms such as reconnaissance & surveillance aircraft, fighter aircraft, and unmanned aerial vehicles, and growth in spending on the development of smaller, more compact military EO/IR products.

Rising demand for high resolution and high throughput sensors for superior situational awareness, countermeasures, and reconnaissance is the key driver for the military EO/IR systems sector globally. In order to tackle conventional and evolving threats, militaries worldwide are focusing on installation of advanced EO/IR sensor based systems, which can provide intelligence in real time for necessary actions. Continuous research and development in multispectral and hyperspectral sensors, cooled thermal cameras, advanced 3D visualization, and multi-sensor technology is also enabling various countries across the globe to develop or procure new products for intelligence and security. Adoption of EO/IR is also facilitated by the NCW doctrines that are now in various stages of implementation in major militaries worldwide

The industry is focusing on size, weight, and power consumption (SWaP) of EO/IR systems. These sensors are integrated into tactical warfare platforms for full situational awareness distributed across the battle network. The industry is also overcoming the challenge of improving individual sensor technologies and merging two or more sensors into a single device, fusing raw data, on-platform processing of data into useable information, and real-time sharing of information across all assets, from theater commanders to individual warfighters. These developments will lead to greater adoption of EO/IR systems into inventory of militaries worldwide.

The Airborne EO/IR systems segment is expected to record significant growth during the forecast period due to increased procurement of aerial warfare platforms such as reconnaissance & surveillance aircraft, fighter aircraft, and unmanned aerial vehicles, and growth in spending on the development of smaller, more compact military EO/IR products.

North America accounted for a significant share of the market in 2020, primarily due to high demand from the US Armed Forces for EO/IR systems. The increasing funding from the US government for R&D activities and domestic demand from the military are key contributors to the US market for military EO/IR systems

Scope

In particular, it provides an in-depth analysis of the following -

  • Market size and drivers: detailed analysis during 2020-2030, including highlights of the demand drivers and growth stimulators. It also provides a snapshot of the spending and modernization patterns of different regions around the world.
  • Recent developments and industry challenges: insights into technological developments and a detailed analysis of the changing preferences of Electro-optical/Infrared Systems around the world. It also provides trends of the changing industry structure and the challenges faced by industry participants.
  • Regional highlights: study of the key markets in each region, providing an analysis of the key segments of the market that are expected to be in demand.
  • Major programs: details of the key programs in each segment, which are expected to be executed during 2020-2030
  • Competitive landscape and strategic insights: analysis of the competitive landscape of the global market. It provides an overview of key players, together with information regarding their market size in different regions.
Reasons to Buy
  • Determine prospective investment areas based on a detailed trend analysis of the Global Electro-optical/Infrared Systems market over the next ten years
  • Gain in-depth understanding about the underlying factors driving demand for different EO/IR segments in the top spending countries across the world and identify the opportunities offered by each of them
  • Strengthen your understanding of the market in terms of demand drivers, industry trends, and the latest technological developments, among others
  • Identify the major channels that are driving the Global Electro-optical/Infrared Systems market, providing a clear picture about future opportunities that can be tapped, resulting in revenue expansion
  • Channelize resources by focusing on the ongoing programs that are being undertaken by the internal ministries of different countries within the Global Electro-optical/Infrared Systems market


  • EXECUTIVE SUMMARY
  • Global Military EO/IR Systems Market – Overview
    • Global Military EO/IR Systems market to grow at a CAGR of 2.32% over 2020–2030
    • Global Military EO/IR Systems market forecasted to witness sustained growth over the forecast period
    • Asia-Pacific to be a leading spender in the global military EO/IR systems market
      • Table Global Military EO/IR Systems Market by Region (%), 2020-2030
    • Airborne Segment to lead the Global military EO/IR systems market
      • Table Global Military EO/IR Systems Market by Segment (US$ Billion), 2020-2030
  • Market Dynamics
    • Demand Drivers : Military modernization plans coupled with conventional and modern threats to drive spending on EO/IR systems
    • Demand Drivers : Need for ISR and shortened mission cycle time to spur EO/IR demand
    • Demand Drivers : Technological developments and unmanned platforms to be prime factors for growth of the global military EO/IR systems market
    • Trends : Asia-Pacific to remain the forerunner in the Global military EO/IR systems market
    • Trends: Technological advancements to enable robust proliferation of the EO/IR systems market
    • Technology Developments: Hyperspectral sensor payloads, Tactical EO/IR payloads and Strained-Layer-Superlattice Infrared Cameras to characterize high value procurements
    • Technology Developments: Non-Penetrating Periscopes and Augmented Reality Headsets to advance the EO/IR sector
    • Technology Developments: Stealth detection requirements to boost advancements in infrared search and track (IRST)
    • Key Challenges: Miniaturization of EO/IR sensors to present a constant challenge to OEMs
    • Industry Consolidation: Partnership and Collaboration Agreements to characterize military EO/IR systems supplier dynamics over the forecast period
  • Military EO/IR Systems Market – Segment Analysis
    • Segment Growth Analysis
    • Global Key Programs – Top Three Programs Across Each Segment
  • Global Military EO/IR Systems Market – Segment Analysis by Type
    • Airborne EO/IR systems to witness sustained growth during the forecast period
    • Ground-based EO/IR Systems to be garner a total value of US$27.1 billion during 2020-2030
    • Naval EO/IR systems to post strong growth over the forecast period
  • Military EO/IR systems Market - Regional Analysis
    • Regional Overview EO/IR
    • Asia-Pacific poised to account for the largest market share over the forecast period
    • Europe: EO/IR market to post robust growth
    • North American military EO/IR systems market is projected to reach US$2.9 billion by 2030
    • Israel and Saudi Arabia to drive investments in the Middle Eastern military EO/IR systems market
    • Africa to witness a robust growth rate over 2020-2030
    • Latin American EO/IR market to be driven by Brazilian investments in the sector
  • Trend Analysis - Key Defense Markets
    • Country Analysis: Overview
    • Leading Segments in Key Countries
    • Country Analysis: US military EO/IR systems Market
      • Table US Military EO/IR System Market (US$ Billion), 2020-2030
      • Table The US Military EO/IR Systems Market By Segment (%), 2020-2030
    • The US' share in the Global and North America EO/IR Market
    • Country Analysis: US – Airborne EO/IR systems
    • Country Analysis: US – Ground EO/IR systems
    • Country Analysis: US – Naval EO/IR systems
    • Country Analysis: Russia EO/IR Market
      • Table Russia EO/IR Systems Market (US$ Million), 2020-2030
    • Country Analysis: Russia
      • Table Russia EO/IR Systems Market By Segment (%), 2020-2030
    • Russia's share in the Global and European EO/IR Market
    • Country Analysis: Russia – Airborne
    • Country Analysis: Russia – Naval
    • Country Analysis: Russia – Ground
    • Country Analysis: France
      • Table France EO/IR Systems Market (US$ Billion), 2020-2030
      • Table France EO/IR Systems Market By Segment (%), 2020-2030
    • France's share in the Global and European EO/IR Market
    • Country Analysis: France – Airborne
    • Country Analysis: France – Ground
    • Country Analysis: France – Naval
    • Country Analysis: UK
      • Table UK EO/IR Systems Market (US$ Million), 2020-2030
      • Table The UK EO/IR Systems Market By Segment (%),
    • UK's share in the Global and European EO/IR Market
    • Country Analysis: UK – Airborne
    • Country Analysis: UK – Ground
    • Country Analysis: UK – Naval
    • Country Analysis: China
      • Table China EO/IR Systems Market (US$ Billion), 2020-2030
      • Table China EO/IR Systems Market by Segment (%), 2020-2030
    • China's share in the Global and Asia-Pacific EO/IR Market
    • Country Analysis: China – Airborne
    • Country Analysis: China – Ground
    • Country Analysis: China – Naval
    • Country Analysis: India
      • Table India EO/R Systems Market (US$ Million), 2020-2030
      • Table India EO/IR Systems Market By Segment (%),2020-2030
    • India's share in the Global and Asia-Pacific EO/IR Market
    • Country Analysis: India – Airborne
    • Country Analysis: India – Ground
    • Country Analysis: India – Naval
    • Country Analysis: Australia
      • Table Australia EO/IR Systems Market (US$ Million), 2020-2030
      • Table Australia EO/IR Systems Market By Segment (%), 2020-2030
    • Australia's share in the Global and Asia-Pacific EO/IR Market
    • Country Analysis: Australia – Airborne
    • Country Analysis: Australia – Ground
    • Country Analysis: Australia – Naval
    • Country Analysis: Saudi Arabia military EO/IR systems market
      • Table Saudi Arabia Military EO/IR Systems Market (US$ Million), 2020-2030
      • Table Saudi Arabia Military EO/IR Systems Market, By Segment (%), 2020-2030
    • Saudi Arabia accounted for share of 44.4% of the Middle East market in 2020
    • Country Analysis: Saudi Arabia – Airborne EO/IR Systems
    • Country Analysis: Saudi Arabia – Ground EO/IR Systems
    • Country Analysis: Saudi Arabia – Naval EO/IR Systems
    • Country Analysis: UAE Military EO/IR Systems Market
      • Table UAE Military EO/IR Systems Market (US$ Million), 2020-2030
      • Table UAE Military EO/IR Systems Market By Segment (%), 2020-2030
    • UAE's share in the Global and Middle Eastern military EO/IR systems Market
    • Country Analysis: UAE– Airborne EO/IR Systems
    • Country Analysis: UAE – Ground EO/IR Systems
    • Country Analysis: Algeria
      • Table Algeria EO/IR Systems Market (US$ Million), 2020-2030
      • Table Algeria EO/IR Systems Market By Segment (%), 2020-2030
    • Algeria's share in the Global and African EO/IR Market
    • Country Analysis: Algeria – Ground
    • Country Analysis: Algeria – Airborne
    • Country Analysis: Algeria – Naval
    • Country Analysis: Brazil
      • Table Brazil EO/IR Systems Market (US$ Million), 2020-2030
      • Table Brazil EO/IR Systems Market By Segment (%), 2020-2030
    • Brazil's share in the Global and European EO/IR Market
    • Country Analysis: Brazil – Airborne
    • Country Analysis: Brazil – Ground
    • Country Analysis: Brazil – Naval
  • Key Programs Analysis – Military EO/IR Systems Market
    • Program Analysis: Large Aircraft Infrared Countermeasures System
    • Program Analysis: Sniper Advanced Targeting Pod-sensor Enhancement (ATP-SE)
    • Program Analysis: Common Infrared Countermeasure Quick Reaction Capability
    • Program Analysis: RPAS Airborne EO/IR Systems
    • Program Analysis: UAV based ISTAR capability
    • Program Analysis: EO/IR Systems-nEUROn
    • Program Analysis: US – Joint Effects Targeting System (JETS)
    • Program Analysis: India - Laser Designator Pods (LDPs)
    • Program Analysis: India – Thermal Imaging Equipment
  • Competitive Landscape Analysis
    • Company Profile: Northrop Grumman
      • Table Estimated revenue, by Region (2020-2030)
    • Company Profile: Lockheed Martin
      • Table Estimated revenue, by Region (2020-2030)
    • Company Profile: Raytheon
      • Table Estimated revenue, by Region (2020-2030)
    • Company Profile: L3
      • Table Estimated revenue, by Region (2020-2030)
    • Company Profile: Elbit Systems Ltd. (Overview)
      • Table Estimated revenue, by Region (2020-2030)
    • Company Profile: BAE Systems
      • Table Estimated revenue, by Region (2020-2030)
    • Company Profile: Thales Group
      • Table Estimated revenue, by Region (2020-2030)
    • Company Profile: Safran SA
      • Table Estimated revenue, by Region (2020-2030)
    • Company Profile: Leonardo DRS
      • Table Estimated revenue, by Region (2020-2030)
    • Company Profile: FLIR Systems Inc.
      • Table Estimated revenue, by Region (2020-2030)
    • Company Profile: Israel Aerospace Industries (IAI)
      • Table Estimated revenue, by Region (2020-2030)
    • Company Profile: Bharat Electronics Limited (BEL)
      • Table Estimated revenue, by Region (2020-2030)
    • Appendix: Methodology
    • Appendix: About GlobalData

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