Military Electro-optical & Infrared System Market by System, Sensor Type, Technology, Platform

Description

List of Tables

[197 Pages Report] The Military Electro-optical & Infrared System Market size was estimated at USD 13.22 billion in 2023 and expected to reach USD 14.22 billion in 2024, at a CAGR 8.13% to reach USD 22.87 billion by 2030.

Military electro-optical and infrared (EO/IR) systems are a type of technology used by the military for various purposes, including surveillance, reconnaissance, targeting, and situational awareness. EO/IR systems contribute to the safety and effectiveness of military operations by enabling military personnel to recognize better and respond to the risks and opportunities in their surroundings. Military EO/IR systems are required for improved situational awareness due to the growing awareness of territorial conflicts and border issues. These systems are utilized to increase the precision and accuracy of military operations by assembling them on various military platforms, including unmanned aerial vehicles (UAVs). On the other hand, military EO/IR systems are vulnerable to camouflage capabilities and electronic interference and experience performance issues in extreme weather conditions. However, as an opportunity, aerostats equipped with EO/IR systems are using types of intelligence, such as human intelligence or signals intelligence, to improve the efficiency of military operations by decreasing the reliance on EO/IR equipment for target identification.

KEY MARKET STATISTICS
Base Year [2023]	USD 13.22 billion
Estimated Year [2024]	USD 14.22 billion
Forecast Year [2030]	USD 22.87 billion
CAGR (%)	8.13%

System: Rapid proliferation of advanced imaging and targeting systems for precision engagement in complex battlefields

Electronic Support Measure (ESM) System are primarily designed for electronic warfare support functions. These systems detect, intercept, identify, locate, and analyze sources of radiated electromagnetic energy for threat recognition. They are crucial for defensive and offensive strategies, providing situational awareness. Imaging systems capture and process images in visible, infrared, and ultraviolet spectrums. These systems play pivotal roles in surveillance, reconnaissance, and target acquisition, offering day-night and adverse weather operation capabilities. Targeting systems are complex assemblies integrating various sensors, aiming devices, and fire-control software to identify, track, and engage targets. They are essential for precision strike capabilities and enhance the accuracy and lethality of military operations.

Platform: Integration of EO/IR systems across all domains for ensuring comprehensive situational awareness

Air-Based Electro-Optical & Infrared Systems are utilized for surveillance, reconnaissance, and target acquisition from aircraft and unmanned aerial vehicles (UAVs). These systems are crucial for gaining superior situational awareness and conducting precision strikes. The need for air-based EO/IR systems is primarily driven by their ability to cover vast areas quickly and provide real-time data from a bird's-eye view. Land-based EO/IR systems include handheld devices, vehicle-mounted units, and fixed installations used for border security, battlefield surveillance, and target acquisition. These systems are essential for ground forces, providing enhanced night vision capabilities, target identification, and long-range surveillance to operate in diverse environments and under varying light conditions. Sea-based EO/IR systems are deployed on naval vessels, including destroyers, frigates, and aircraft carriers, as well as on some maritime patrol aircraft. They are utilized for surveillance, search and rescue operations, and target tracking in maritime environments. The need for these systems is driven by the requirement for situational awareness in vast and complex maritime domains, enabling navies to track both surface and airborne threats.

Regional Insights

The growing development of modern unmanned aerial vehicles (UAVs) for the purpose of surveillance is in the adoption of military electro-optical & infrared (EO/IR) systems in the Americas. The emerging markets, including India and China, are enhancing military weapons and equipment with significant investments in IoT and military-grade sensor technology. The developed economies across the European region are incorporating innovation and enhancements in the existing sensing and surveillance technologies for military EO/IR systems. The Middle East region is highly developing the defense sectors with heavy capital investments and favorable regulations for unmanned military services.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Military Electro-optical & Infrared System Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Military Electro-optical & Infrared System Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Military Electro-optical & Infrared System Market, highlighting leading vendors and their innovative profiles. These include Amentum Services, Inc., Anduril Industries, Inc., BAE Systems PLC, Bharat Electronics Ltd., Cobham Ltd., CONTROP Precision Technologies Ltd., Corning Incorporated, Elbit Systems Ltd., Excelitas Technologies Corp., General Dynamics Corporation, Hensoldt AG, HGH Infrared Systems by TTP PLC, IMSAR LLC, Israel Aerospace Industries Ltd., Kollmorgen Corporation, L3Harris Technologies, Inc., Leonardo S.p.A., Lockheed Martin Corporation, Northrop Grumman Corporation, Rafael Advanced Defense Systems Ltd., Raytheon Technologies Corporation, Rheinmetall AG, Saab AB, Safran Group, Teledyne Technologies Incorporated, and Thales Group.

Market Segmentation & Coverage

This research report categorizes the Military Electro-optical & Infrared System Market to forecast the revenues and analyze trends in each of the following sub-markets:

System
- Electronic Support Measure (ESM) System
- Imaging System
  - Hyperspectral Imaging System
  - Multispectral Imaging System

Targeting System

Sensor Type
- Scanning Sensor
- Staring Sensor

Technology
- Cooled
- Uncooled

Platform
- Air-Based
- Land-Based
- Sea-Based

Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam

Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.

2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.

3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.

4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.

5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Military Electro-optical & Infrared System Market?

2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Military Electro-optical & Infrared System Market?

3. What are the technology trends and regulatory frameworks in the Military Electro-optical & Infrared System Market?

4. What is the market share of the leading vendors in the Military Electro-optical & Infrared System Market?

5. Which modes and strategic moves are suitable for entering the Military Electro-optical & Infrared System Market?

Product Code: MRR-742BD518181B

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Increasing demand for awareness related to territorial conflicts and border issues
  - 5.1.1.2. Need for military EO/IR systems for enhanced situational awareness
  - 5.1.1.3. Deployments of EO/IR systems for UAV and improved precision and accuracy of military operations
- 5.1.2. Restraints
  - 5.1.2.1. Vulnerable to camouflage capabilities and electronic interference
- 5.1.3. Opportunities
  - 5.1.3.1. Emerging aerostats equipped with military electro-optical and infrared (EO/IR) systems
  - 5.1.3.2. Integration of artificial intelligence (AI) into the EO/IR systems
- 5.1.4. Challenges
  - 5.1.4.1. Performance issues in extreme weather conditions
5.2. Market Segmentation Analysis
- 5.2.1. System: Rapid proliferation of advanced imaging and targeting systems for precision engagement in complex battlefields
- 5.2.2. Platform: Integration of EO/IR systems across all domains for ensuring comprehensive situational awareness
5.3. Market Trend Analysis
- 5.3.1. High investments by the government sector to integrate advanced defense and military equipment in Americas
- 5.3.2. Robust infrastructure for the development of military grade equipment coupled with favorable government funding in the APAC region
- 5.3.3. Adoption of novel strategies to incorporate innovation and enhancements in advanced military equipment
5.4. Cumulative Impact of Russia-Ukraine Conflict
5.5. Cumulative Impact of High Inflation
5.6. Porter's Five Forces Analysis
- 5.6.1. Threat of New Entrants
- 5.6.2. Threat of Substitutes
- 5.6.3. Bargaining Power of Customers
- 5.6.4. Bargaining Power of Suppliers
- 5.6.5. Industry Rivalry
5.7. Value Chain & Critical Path Analysis
5.8. Regulatory Framework Analysis
5.9. Client Customization

6. Military Electro-optical & Infrared System Market, by System

6.1. Introduction
6.2. Electronic Support Measure (ESM) System
6.3. Imaging System
6.4. Targeting System

7. Military Electro-optical & Infrared System Market, by Sensor Type

7.1. Introduction
7.2. Scanning Sensor
7.3. Staring Sensor

8. Military Electro-optical & Infrared System Market, by Technology

8.1. Introduction
8.2. Cooled
8.3. Uncooled

9. Military Electro-optical & Infrared System Market, by Platform

9.1. Introduction
9.2. Air-Based
9.3. Land-Based
9.4. Sea-Based

10. Americas Military Electro-optical & Infrared System Market

10.1. Introduction
10.2. Argentina
10.3. Brazil
10.4. Canada
10.5. Mexico
10.6. United States

11. Asia-Pacific Military Electro-optical & Infrared System Market

11.1. Introduction
11.2. Australia
11.3. China
11.4. India
11.5. Indonesia
11.6. Japan
11.7. Malaysia
11.8. Philippines
11.9. Singapore
11.10. South Korea
11.11. Taiwan
11.12. Thailand
11.13. Vietnam

12. Europe, Middle East & Africa Military Electro-optical & Infrared System Market

12.1. Introduction
12.2. Denmark
12.3. Egypt
12.4. Finland
12.5. France
12.6. Germany
12.7. Israel
12.8. Italy
12.9. Netherlands
12.10. Nigeria
12.11. Norway
12.12. Poland
12.13. Qatar
12.14. Russia
12.15. Saudi Arabia
12.16. South Africa
12.17. Spain
12.18. Sweden
12.19. Switzerland
12.20. Turkey
12.21. United Arab Emirates
12.22. United Kingdom

13. Competitive Landscape

13.1. Market Share Analysis, 2023
13.2. FPNV Positioning Matrix, 2023
13.3. Competitive Scenario Analysis
- 13.3.1. Elbit Systems to improve Romanian Navy's operational capabilities
- 13.3.2. Elbit Systems Awarded Four Contracts to Supply Solutions to the Romanian Armed Forces
- 13.3.3. DRDO develops electro-optical infrared system for surveillance from airborne, land, and naval platforms
- 13.3.4. The U.S. Army declares IOC for Northrop Grumman's CIRCM system
- 13.3.5. Elbit Systems to deliver in-service support for Nato MRTT DIRCMs
- 13.3.6. IAI Unveils POINT BLANK - A Hand-Launched Electro-optical Guided Missile
- 13.3.7. Leonardo DRS Receives Contract Award for the U.S. Army 3rd Generation FLIR Sensors
- 13.3.8. Anduril Raises USD 1.48 Billion in Series E Funding
- 13.3.9. L3harris to provide advanced target identification technology for javelin missile launch system
- 13.3.10. Teledyne FLIR Defense Receives USD 48.7M Contract for Long-Range Imaging Systems for the U.S. Coast Guard
- 13.3.11. Leonardo launches its new DSS-IRST system at Euronaval
- 13.3.12. Anduril debuts wheeled version of Sentry surveillance tower
- 13.3.13. General Atomics, 3rdiTech semiconductor partnership a big boost for AtmaNirbhar Bharat campaign
- 13.3.14. DRS Awarded Approximately USD 50M Contract to Provide Advanced IR Weapon Sights for the Swedish MOD
- 13.3.15. Insitu Pacific to supply unmanned aerial systems to Australian Army

14. Competitive Portfolio

14.1. Key Company Profiles
14.2. Key Product Portfolio