Land-based Military Electro-optical and Infrared Systems Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET OVERVIEW

Electro-optical and infrared systems also referred to as EO/IR systems, cover a wide range of distinct technologies based on targets and their missions. These sensors include both visible spectrum and infrared sensors, due to which EO/IR systems provide total situational awareness during both day and night, even in low light conditions. The sensor contains four high-definition uncooled, extended-view multifunction cameras that serve as the eyes of the VPS and provide sharp images of the surrounding battlespace to crews.

MARKET SCOPE

The Global Land-based Military Electro-optical and Infrared Systems Market Analysis to 2031 is a specialized and in-depth study of the aerospace and defense industry with a special focus on the global market trend analysis. The report aims to provide an overview of the land-based military electro-optical and infrared systems market with detailed market segmentation by type, system, technology, and geography. The report provides key statistics on the market status of the leading land-based military electro-optical and infrared systems market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

Based on type, the global land-based military electro-optical and infrared systems market is segmented into vehicle-mounted, man-portable
On the basis of system, the market is segmented into targeting system, electronic support measure, imaging system
Based on technology, the market is bifurcated into uncooled, cooled

MARKET DYNAMICS

Drivers

•   Increased Demand for Battlespace Awareness By Defense Forces.
  
•   Technological Advancements Resulting in Improved Efficiency of Eo/Ir Systems.
  
•   Increased Deployment of Electro-Optics/Infrared Systems for Unmanned Vehicles
  

Restraints

•   Stagnant Product Life Cycle
  

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The land-based military electro-optical and infrared systems market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive porter five forces analysis highlighting factors affecting the land-based military electro-optical and infrared systems market in these regions.

IMPACT OF COVID-19 ON LAND-BASED MILITARY ELECTRO-OPTICAL AND INFRARED SYSTEMS MARKET

COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.

MARKET PLAYERS

The report covers key developments in the land-based military electro-optical and infrared systems market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from land-based military electro-optical and infrared systems market are anticipated to lucrative growth opportunities in the future with the rising demand for land-based military electro-optical and infrared systems in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the land-based military electro-optical and infrared systems market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

BAE Systems plc
Elbit Systems Ltd
FLIR Systems Inc.
Israel Aerospace Industries Ltd.
Rheinmetall AG
Saab AB
Thales Group
HENSOLDT AG
L3Harris Technologies Inc.
Leonardo S.p.A.

The Insight Partner dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Land-based Military Electro-optical and Infrared Systems Report Scope