DUBLIN--(BUSINESS WIRE)--The "Global Military Electro Optical and Infrared Systems Market - Segmented by Type, System, Platform, and Geography - Market Forecasts and Analysis (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.
The Global Military Electro-optical and Infrared System Market is expected to be worth USD 22 billion by 2023. North America is the largest market for military electro-optics and infrared systems and holds the majority share in the market.
The US is the leading market in North America, owing to its huge expenditures on obtaining and developing of electro-optical systems for different military platforms, like naval vessels, submarines, armored vehicles, aircraft, UAV, and helicopters. Most R&D for this technology is focused toward the expansion of lightweight, cost-effective, and robust systems.
The market share is expected to be captured by the Asia-Pacific region. Japan, China, and India are expected to lead the growth in the region during the forecast period. Due to the increase in military spending worldwide, armed forces are acquiring variable devices such as infrared and optical systems and developing new technologies within this field.
The market has been segmented by type (image intensification, infrared, and laser), by system (imaging and non-imaging), by platform (airborne, land, and sea), and by geography (North America, South America, Europe, the Middle East & Africa, and Asia-Pacific).
- Lockheed Martin
- L3 Communication Holdings
- Northrop Grumman
- BAE Systems PLC
- DRS Technologies
- United Technologies Corporation
- Rockwell Collins
- Elbit Systems
Key Topics Covered
2. Research Methodology
3. Market Insights
4. Market Dynamics
5. Global Military Electro Optical and Infrared Systems Market, by Type
6. Global Military Electro Optical and Infrared Systems Market, by System
7. Global Military Electro Optical and Infrared Systems Market, by Platform
8. Global Military Electro Optical Market, by Geography
9. Competitive Landscape
10. Company Profile
11. Future of the Market
For more information about this report visit https://www.researchandmarkets.com/research/qhnqh8/military_electro?w=4