Military Electro-Optics/Infrared (EO/IR) Systems Market Segments, Trends, and Market Report 2023-2032

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Military Electro-Optics/Infrared (EO/IR) Systems
Market Report 2024
Market Size, Trends and Global Forecast 2024-2033
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Military Electro-Optics/Infrared (EO/IR) Systems
Market Segments
The Business Research Company segments its
Military Electro-Optics/Infrared (EO/IR) Systems
Market report as
Handheld System, EO/IR Payload.
By Product Type
Human Machine Interfaces, Stabilization Units,
Control Systems, Optics, Sensors, Processor.
By Component
By Imaging Technology
Scanning, Starring, Hyperspectral, Multispectral.
By Platform
Land, Airborne, Naval.
By Application
Military Intelligence, Surveillance,
Reconnaissance.
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Military Electro-Optics/Infrared (EO/IR) Systems
Market Statistics
It will grow from 9.75 billion in 2023 to 10.47
billion in 2024 at a compound annual growth rate
(CAGR) of 7.3. It will grow to 13.54 billion in
2028 at a compound annual growth rate (CAGR) of
6.7
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Key Market Drivers And Trends
Drivers
The growing need for intelligence, surveillance,
and reconnaissance (ISR) is expected to propel
the growth of the military electro-optics and
infrared (EO/IR) systems market going forward.
Trends
Integration of artificial intelligence is a key
trend gaining popularity in the military
electro-optics/infrared (EO/IR) systems market.
Region
North America was the largest region in the
military electro-Optics/Infrared (EO/IR) Systems
market in 2023. The regions covered in the
military electro-optics/infrared (EO/IR) systems
market report are Asia-Pacific, Western Europe,
Eastern Europe, North America, South America,
Middle East, Africa
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Key Market Players

• Major players in the Military Electro-Optics/Infra
  red (EO/IR) Systems Market are
• Raytheon Technologies Corporation
• Lockheed Martin Corporation
• Northrop Grumman Corporation
• Thales Group
• L3Harris Technologies Inc
• And more.

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