Global EO/IR Market Report 2020: Understand the Current and Future Dynamics of the Land Military EO/IR Systems Market

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

• Analysis Factsheet

• Market Overview

• Context - Market Evolution

• Demand Overview

• Key Programs - 2019-2028

• Critical Success Factors - End-User Perspective

3. Growth Opportunity Analysis

• Research Scope

• Market Segmentation

• Research Objectives and Questions

• Key Competitors

• Market Dashboard

• Growth Metrics

• Growth Drivers

• Drivers Explained

• Growth Restraints

• Restraints Explained

• Research Methodology

• Revenue Forecast

• Competitive Environment

• Revenue Share of Top Participants

• Market Share Analysis

4. Competition Analysis

• L3Harris Technologies

• Raytheon

• Leonardo

• FLIR Systems

• Elbit Systems

5. Growth Opportunity Analysis, North America

• Growth Metrics

• Regional Considerations

• Revenue Forecast

• 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

• Strategic Conclusions

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

CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900