Home » News & Current Affairs, Science, Services, U.S. » Global Military Electro Optical Infrared (EO/IR) Systems Market Is Expected To Be US$14.3 billion by 2025: Radiant Insights
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The Global Military Electro Optical Infrared (EO/IR) Systems Market 2015-2025 report, published by Strategic Defence Intelligence, provides readers with a detailed analysis of both historic and forecast global industry values, factors influencing demand, the challenges faced by industry participants, analysis of industry leading companies, and key news.

Key Findings

• The global military EO/IR systems market is expected to be worth US$9.1 billion in 2015 and is expected increase to US$14.3 billion by 2025, representing a CAGR of 4.66% during the forecast period.

• The market is anticipated to be dominated by North America followed by the Asia Pacific and Europe. The US is the largest spender with a cumulative expenditure of US$38.4 billion over the next decade.

• In terms of segments, airborne and ground based systems are expected to account for 77% and 14% of the military EO/IR systems market respectively, followed by naval systems.

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This report offers detailed analysis of the global military EO/IR systems market with market size forecasts covering the next ten years. This report will also analyze factors that influence demand for the global military EO/IR systems market, key market trends, and challenges faced by industry participants. In particular, it provides an in-depth analysis of the following:

• Global military EO/IR systems market size and drivers: detailed analysis of the global military EO/IR systems market during 2015-2025, including highlights of the demand drivers and growth stimulators for military EO/IR systems. It also provides a snapshot of the spending and modernization patterns of different regions around the world

• Recent developments and industry challenges: insights into technological developments in the global military EO/IR systems market, and a detailed analysis of the changing preferences of global military EO/IR systems market departments around the world. It also provides trends of the changing industry structure and the challenges faced by the industry participants

See More Reports of This Category by Radiant Insights:

• SWOT analysis of global military EO/IR systems market: analysis of the industry characteristics by determining the strengths, weaknesses, opportunities, and threats faced by the global military EO/IR systems industry.

• Global military EO/IR systems  market country analysis: analysis of the key markets in each region, providing an analysis of the key segments of the global military EO/IR systems  market industry expected to be in demand in each region

• Major programs: details of the key programs in each segment, which are expected to be executed during the forecast period

• Competitive landscape and strategic insights: analysis of the competitive landscape of the global military EO/IR systems market. It provides an overview of key players, together with insights such as key alliances, strategic initiatives, and a brief financial analysis

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