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

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
    • Top vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
      • Table Classification of EO/IR missions
      • Table Global military EO/IR systems market: Key takeaways
      • Table Key buying criteria for military EO/IR systems
  • Market landscape
    • Market overview
      • Table Segmentation of global military EO/IR systems market 2015-2020
    • Market size and forecast
      • Table Global military EO/IR systems market 2015-2020 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by application
    • Segmentation of global military EO/IR systems market by application
      • Table Segmentation of global military EO/IR systems market by application 2015 and 2020
      • Table Segmentation of global military EO/IR systems market by application 2015 -2020 ($ billions)
    • Airborne EO/IR systems market
      • Table Airborne EO/IR systems market 2015-2020 ($ billions)
    • Land-based EO/IR sensors
      • Table Land-based EO/IR systems market 2015-2020 ($ billions)
      • Table Ground combat and surveillance vehicles 2015-2020 (in units)
    • Naval EO/IR systems market
      • Table Naval EO/IR systems market 2015-2020 ($ billions)
  • Geographical segmentation
    • Geographical segmentation of global military EO/IR systems market
      • Table Geographical segmentation of global military EO/IR systems market 2015 and 2020
      • Table Geographical segmentation of global military EO/IR systems market 2015-2020 ($ billions)
    • Military EO/IR systems market in Americas
      • Table Military EO/IR systems market in Americas 2015-2020 ($ billions)
      • Table Key airborne platforms of the US
    • Military EO/IR systems market in EMEA
      • Table Military EO/IR systems market in EMEA 2015-2020 ($ billions)
    • Military EO/IR systems market in APAC
      • Table Military EO/IR systems market in APAC 2015-2020 ($ billions)
  • Market drivers
    • Greater emphasis on situational awareness
    • Increasing focus on maritime capabilities
    • Use of tactical UAVs in an integrated C4ISR environment
      • Table Global defense UAV market for C4ISR payload ($ billions)
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Barriers to adoption of new technology and equipment
    • Complexities in cyber security
    • Spectrum management issues
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Development of miniaturized EO/IR systems
    • Adoption of sensor fusion technology
    • Preference for integrated C4ISR environment
      • Table Key advantages of enterprise integration approach
  • Vendor landscape
    • Competitive landscape
      • Table Major competitors: Benchmarking
      • Table Major vendors in global military EO/IR systems market 2015
    • BAE Systems
      • Table BAE Systems: Business segmentation by revenue 2015
      • Table BAE Systems: Key solutions
    • Elbit Systems
      • Table Elbit systems: Business segmentation by revenue 2015
      • Table Elbit Systems: Key applications areas of EO systems
      • Table Elbit Systems: Key products
    • Lockheed Martin
      • Table Lockheed Martin: Business segmentation by revenue 2015
      • Table Lockheed Martin: Key capabilities
    • Raytheon
      • Table Raytheon: Business segmentation by revenue 2015
      • Table Raytheon: Key products
    • Thales
      • Table Thales: Business segmentation by revenue 2015
      • Table Key features of MIRADOR
      • Table Thales: Airborne vision (sensor-based product portfolio)
    • Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

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.

Technavio’s 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
Technavio's 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 driver
  • Increasing focus on maritime capabilities.
  • For a full, detailed list, view our report
Market challenge
  • Barriers to adoption of new technology and equipment.
  • For a full, detailed list, view our report
Market trend
  • Development of miniaturized EO/IR systems.
  • For a full, detailed list, view our 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?


Press Release

Technavio Announces the Publication of its Research Report – Global Military Electro-optical and Infrared Systems Market 2016-2020

Technavio 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 Technavio’s 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.

Companies Mentioned

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.

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