Global Military Electro-Optical and Infrared (EOIR) Systems Market is Projected to Grow at a CAGR of 16.4% by 2032: Visiongain Reports Ltd
Visiongain has published a new report: Global Military Electro-Optical and Infrared (EOIR) Systems Market, (COVID-19 Impact Analysis):- Market Segment by Type (Imaging EO/IR System, Non-imaging EO/IR System), Market Segment by Platform (Airborne EO/IR System, Ground EO/IR System, Naval EO/IR System), Market Segment by Application (Military Intelligence, Military Surveillance, Military Reconnaissance, Others), Market Segment by Wavelength (Ultraviolet Wavelength, Near-Infrared Wavelength, Short Wavelength, Medium Wavelength, Long Wavelength), PLUS COVID-19 Impact Analysis, and Profiles of Leading Companies, Region and Country.
The global military electro-optical and infrared (EOIR) systems market was valued at more than US$8.00 billion in 2022 and is projected to grow at a CAGR of 16.4% during the forecast period 2022-2032.
Expanding Aerospace and Defence Sector
Over the next few years, it is anticipated that the expanding aviation industry and rising terrorist activity will create new market opportunities for air & missile defence systems. Major economies around the world are updating their military fleet to keep up with the rate of change in contemporary warfare. These nations are investing in the purchase of cutting-edge military aircraft, which will fuel the market. In addition to buying new planes, a number of economies are concentrating on updating their ageing fleet. These improvements are primarily concentrated on improving the aircraft's navigation and communication systems.
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How will this Report Benefit you?
Visiongain’s 375-page report provides 177 tables and 172 charts/graphs. Our new study is suitable for anyone requiring commercial, in-depth analyses for the global military electro-optical and infrared (EOIR) systems market, along with detailed segment analysis in the market. Our new study will help you evaluate the overall global and regional market for military electro-optical and infrared (EOIR) systems. Get financial analysis of the overall market and different segments including type, technique, origin, application, and company size and capture higher market share. We believe that there are strong opportunities in this fast-growing military electro-optical and infrared (EOIR) systems market. See how to use the existing and upcoming opportunities in this market to gain revenue benefits in the near future. Moreover, the report will help you to improve your strategic decision-making, allowing you to frame growth strategies, reinforce the analysis of other market players, and maximise the productivity of the company.
Strategic Initiatives taken by Leading Companies
Prominent companies operating in this industry are adopting different strategies such as new product development, technological innovation, facility expansion, investment, research and development, merger & acquisition, partnership, contract, and agreement in order to increase their geographical presence and consumer base in order to cater growing industry requirements.
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The global military electro-optical and infrared (EOIR) systems industry is highly competitive in nature as large number of players are operating in developed as well as developing economies. Some leading companies operating in this industry are Northrop Grumman, Lockheed Martin Corporation, Raytheon Technologies, Thales SA, Elbit Systems Ltd, L3Harris Technologies, General Dynamics Corporation , BAE Systems plc , Saab AB , Teledyne Technologies, Textron, Israel Aerospace Industries, Boeing, Corning Incorporated, CONTROP, Hensoldt AG, Rockwell Collins, Moog, Leidos Holdings, ManTech International Corporation, Logos Technologies , Rheinmetall AG , Kollmorgen, ASELSAN, and Airbus.
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To find more Visiongain research reports on the Defence sector, click on the following links:
Critical Infrastructure Protection (CIP) Market Report 2023-2033
Distributed Fibre Optic Sensing (DFOS) Market Report 2022-2032
Missile Technology Control Regime (MTCR) Market Report 2022-2032
Military Airborne Intelligence, Surveillance & Reconnaissance (ISR) Technologies Market Report 2022-2032
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Visiongain is one of the fastest growing and most innovative independent market intelligence providers around, the company publishes hundreds of market research reports which it adds to its extensive portfolio each year. These reports offer in-depth analysis across 18 industries worldwide. The reports, which cover 10-year forecasts, are hundreds of pages long, with in-depth market analysis and valuable competitive intelligence data. Visiongain works across a range of vertical markets with a lot of synergies. These markets include automotive, aviation, chemicals, cyber, defence, energy, food & drink, materials, packaging, pharmaceutical and utilities sectors. Our customised and syndicated market research reports offer a bespoke piece of market intelligence customised to your very own business needs.
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