Dublin, May 24, 2021 (GLOBE NEWSWIRE) -- The "New Sensor Technologies Driving the Global EO/IR Market, 2020" report has been added to ResearchAndMarkets.com's offering.
The objectives of this research are to understand the current and future dynamics of the land military EO/IR systems market, identify the EO/IR solutions in use and the capabilities that they offer, and understand how technologies will impact the evolution of the market during the forecast period.
Ministries of defense are procuring a range of new equipment to ensure that soldiers are more lethal and less vulnerable on the modern battlefield. There is an increased demand for weapon sights and night-vision goggles as part of soldier modernization programs.
Newer companion technologies, such as unmanned ground vehicles, are being combined with optical sensors for enhanced surveillance and situational awareness capabilities. Dual-use sensors are evolving in purpose for weapons and situational awareness. They allow for targeting and surveillance sensors to be built onto a single package, providing greater efficiency and alleviating the wear-and-tear on special-purpose sensors.
With the implementation of industrial policies and the establishment of indigenous defense industrial capabilities, new electro-optical/infrared (EO/IR) system providers are entering the market, linking with original equipment manufacturers (OEMs) as a route to market, typically targeting local OEMs.
Countries are highly price sensitive in the current economic climate, putting pressure on companies to strike a balance between performance, features, and price.
Key Issues Addressed
What are the committed, planned, and upcoming opportunities in the global land EO/IR market in the next 10 years?
What geographical markets and segments are growing?
What success factors must OEMs in the market consider?
What major programs are underway, and what opportunities do they open up for OEMs/contractors?
Key Topics Covered:
1. Strategic Imperatives
Why Is It Increasingly Difficult to Grow?
The Strategic Imperative
The Impact of the Top Three Strategic Imperatives on the Land Electro-Optical/Infrared (EO/IR) Industry
Growth Opportunities Fuel the Growth Pipeline Engine
2. Executive Summary
Context - Market Evolution
Key Programs - 2019-2028
Critical Success Factors - End-User Perspective
3. Growth Opportunity Analysis
Research Objectives and Questions
Revenue Share of Top Participants
Market Share Analysis
4. Competition Analysis
5. Growth Opportunity Analysis, North America
Revenue Forecast by Product Segment
Revenue Forecast Analysis by Product Segment
Opportunities to Look Out For
Capability Requirements - Top Countries
Regional Industry Presence and Focus
6. Growth Opportunity Analysis, Europe
7. Growth Opportunity Analysis, Middle East
8. Growth Opportunity Analysis, Central & South Asia
9. Growth Opportunity Analysis, Asia-Pacific
10. Growth Opportunity Analysis, Central and South America
11. Growth Opportunity Analysis, Africa
12. Growth Opportunity Universe, 2020
Growth Opportunity 1 - Data Processing to Enable Faster Sensor-to-Shooter Loop
Growth Opportunity 2 - Low-Cost and Medium Capability EO/IR Solutions
Growth Opportunity 3 - Extended Support to Cater to Operators with Limited Budgets
Growth Opportunity 4 - Modular and Multi-mission Solutions
Growth Opportunity 5 - Image Processing to Enable Information Extraction in Degraded Environments
13. Next Steps
For more information about this report visit https://www.researchandmarkets.com/r/xg1mrw
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