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Global Electro-Optical Market Research Report

The electro-optic systems product market is split into infrared and laser. Based on the application segments, the electro-optic systems are split into defense, commercial, and homeland security. Based on platforms, these systems are split into airborne, naval, and land-based systems. Each region-specific report for this market has incorporated procurement and operational costs of electro-optic systems in these regions. The regions are Asia-Pacific, North America, Latin America, and Europe. Key countries from these regions are also analyzed. Major high potential growth markets for electro-optic systems are U.S., Europe, India, Japan, South Korea, and Brazil.

 

The global electro-optic market is estimated to reach a value of $11.76 billion in 2014 and is expected to register a CAGR of 3% to reach $14.03 billion by 2020. Electro-optic systems are used for a wide range of operations on ground-based, naval, and airborne platforms.

 

Electro-optic systems are finding increasing use in next-generation close in weapon systems (CIWS). CIWS use electro-optic systems as a complement for radars for target acquisition and engagement.

 

Increasing deployment for surveillance and evolution of technology are the primary drivers of this market. Atmospheric interference reduces the effectiveness of the electro-optic systems. This is one of the major challenges of the electro-optic systems market.

 

The key players in this market are ElbitSytems, Raytheon, Lockheed Martin, L3 Communications Holdings, Northrop Grumman, General Dynamics, and FLIR.

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PRODUCT TITLE PUBLISHED
North America Electro-Optical North America Electro-Optical
This report presents a complete analysis of the Electro-Optical-North America Market across the next five years. The market has been pegged at $3.0b in the year 2013 growing at 3.3% annually and is projected to reach $3.5b by the end of the year 2018. 
Upcoming
Europe Electro-Optical Europe Electro-Optical
The report presents a complete analysis of the Electro-Optical-Europe Market across the next five years. The market has been pegged at $2.9b in the year 2013 growing at 0.8% annually and is projected to reach $3.0b by the end of the year 2018.
Upcoming
Asia-Pacific Electro-Optical Asia-Pacific Electro-Optical
This report presents a complete analysis of the Asia-Pacific Electro-Optical Market across the next five years. The market is estimated to grow from $1,564.08 million in 2014 to $2,039.27 million in 2020 registering a CAGR of 4.52%.
Upcoming
South America Electro-Optical South America Electro-Optical
The market is estimated to grow from $289.88 million in 2014 to $353.24 million in 2020 registering a CAGR of 3.35%. It will be driven by defense and homeland security. Brazil is still facing domestic drug related problems; the Brazilian military are constantly deployed for narcotic fights in the outskirts of major cities.
Upcoming
Airborne Airborne
Airborne can be segmented by Geographies, Companies, Submarkets and Products. Geographies of Airborne are European Union countries, Africa, Asia-Pacific, North America, South America, Rest of World and Europe. Companies of Airborne are ViaSat, Flir Systems, ITT Corporation, BAE Systems, Data Soft Corp., Elbit Systems, Indra Sistemas, L3 Communications, Rohde & Schwarz, Unmanned System Technology and Ball Aerospace & Technologies Corp.. Submarkets of Airborne are Security and Surveillance Radar. Products of Airborne are Battlefield Management System and Electro-Optical.
Upcoming
Night Vision Devices Night Vision Devices
In this report, the global night vision device market has been broadly classified on the basis of device type, technology type, application, and geography. The major device types include night vision cameras, night vision goggles, and night vision scopes.
Jun 2015
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