Military Electro Optical Infrared (EO/IR) market to be worth $7.73bn in 2012

Thursday 13 September 2012, Amsterdam

An analysis indicates that the Military Electro Optical Infrared (EO/IR) systems market is set to be worth $7.73bn in 2012, as demand continues for advanced surveillance, targeting and reconnaissance systems across a range of military applications.

The author of the Military Electro Optical Infrared (EO/IR) report comments that: ‘Military Electro Optical Infrared (EO/IR) systems are an integral component of any modern military force. Such systems are an important force multiplier, delivering advanced intelligence gathering and surveillance capabilities to equip military units across all platforms with vital information in order to combat various threats and dangers. Despite defence budget cut backs, military nations are seeking to utilise to a greater extent the effectiveness of these systems for both larger scale military operations, as well as securing land and sea borders’, providing security against both conventional and terrorist attacks’.

The report has 237 pages and contains 161 tables, charts and graphs that utilise visual representation in order to clarify trends and market projections within the Military Electro Optical Infrared (EO/IR) Systems market. This report provides a range of forecasts for the period 2012-2022, as well as for 3 submarkets (Airborne, Ground and Naval) of the Military Electro Optical Infrared (EO/IR) systems market. In addition, the 20 leading national Military Electro Optical Infrared (EO/IR) systems markets are analysed by Visiongain over the period 2012-2022 (as well as an analysis of the ‘Rest of the World’ market). The report also provides profiles of 25 leading companies operating within the market, including 2 interviews with BAE Systems Electronic Systems, and Theon Sensors, providing expert insight alongside analyses.

The Military Electro Optical Infrared (EO/IR) Systems Market 2012-2022 report will be of impressive value to current, and future, investors into the EO/IR industry, as well as to companies and research centres who wish to broaden their knowledge of the EO/IR market.