PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1638828
PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1638828
Air-based Military Electro Optics Infrared System Market Opportunity, Growth Drivers, Industry Trend Analysis, and Forecast 2025 - 2034
The Global Air-Based Military Electro Optics Infrared System Market was valued at USD 4.9 billion in 2024, with a projected 3.4% CAGR from 2025 to 2034. A major factor driving the market's growth is the increasing deployment of Unmanned Aerial Vehicles (UAVs) for military surveillance. These UAVs are often equipped with EOIR sensors, enabling them to provide real-time intelligence, surveillance, and reconnaissance (ISR) capabilities. By utilizing EOIR systems, UAVs can operate at higher altitudes and extended ranges, offering valuable situational awareness over enemy territories without putting crewed aircraft at risk. As military forces continue to expand their UAV fleets for strategic supervision, the market for EOIR systems is expected to grow significantly.
Despite this growth, the EOIR market faces challenges such as high development and maintenance costs, as well as technical difficulties in ensuring system reliability under extreme environmental conditions. However, opportunities abound with the increasing use of advanced technologies such as UAVs, satellites, and artificial intelligence (AI). These innovations are enhancing the operational efficiency of EOIR systems and improving intelligence-gathering capabilities.
The market is segmented based on sensor technology into infrared (IR), laser, and imaging systems. In 2024, the infrared segment held the largest share, accounting for 49.5% of the market. Infrared technology help in EOIR systems, offering superior target detection and imaging capabilities under low-visibility conditions. Both long-wave infrared (LWIR) and mid-wave infrared (MWIR) sensors are increasingly used due to their high-resolution thermal imaging abilities. These sensors are essential for surveillance and precision targeting, even in adverse weather, as they can detect heat signatures and track targets over long distances.
| Market Scope | |
|---|---|
| Start Year | 2024 |
| Forecast Year | 2025-2034 |
| Start Value | $4.9 Billion |
| Forecast Value | $6.8 Billion |
| CAGR | 3.4% |
The market is also categorized by product type, with segments including cameras, lasers, thermal imaging, and others. Among these, the thermal imaging segment is expected to grow the fastest, with a projected CAGR of 4% during the forecast period. Thermal imaging is particularly valuable in detecting heat signatures, allowing for the identification of targets such as vehicles, personnel, and aircraft in low or no-light environments. This technology is vital for both offensive and defensive military operations, providing enhanced situational awareness for commanders.
North America currently dominates the air-based military electro optics infrared systems market, holding a share of 32.5% in 2024. The region's strong defense budgets, technological advancements, and focus on modernizing military platforms are key factors driving demand for advanced EOIR solutions. As North America continues to innovate and enhance its ISR capabilities, the region is expected to remain a significant growth driver in the global EOIR market.
Table of Contents
Chapter 1 Methodology & Scope
- 1.1 Market scope & definitions
- 1.2 Base estimates & calculations
- 1.3 Forecast calculations
- 1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Secondary
- 1.4.2.1 Paid sources
- 1.4.2.2 Public sources
Chapter 2 Executive Summary
- 2.1 Industry synopsis, 2021-2034
Chapter 3 Industry Insights
- 3.1 Industry ecosystem analysis
- 3.1.1 Factor affecting the value chain
- 3.1.2 Profit margin analysis
- 3.1.3 Disruptions
- 3.1.4 Future outlook
- 3.1.5 Manufacturers
- 3.1.6 Distributors
- 3.2 Supplier landscape
- 3.3 Profit margin analysis
- 3.4 Key news & initiatives
- 3.5 Regulatory landscape
- 3.6 Impact forces
- 3.6.1 Growth drivers
- 3.6.1.1 Advancements in infrared sensor technology boost EOIR performance
- 3.6.1.2 Increasing military budget fuels EOIR system demand
- 3.6.1.3 Rising adoption of UAVs for surveillance operations
- 3.6.1.4 Growing military modernization initiatives across global forces
- 3.6.1.5 Integration of artificial intelligence in EOIR Systems
- 3.6.2 Industry pitfalls & challenges
- 3.6.2.1 High development and maintenance costs challenge adoption
- 3.6.2.2 Reliability concerns in harsh environmental conditions
- 3.6.1 Growth drivers
- 3.7 Growth potential analysis
- 3.8 Porter's analysis
- 3.9 PESTEL analysis
Chapter 4 Competitive Landscape, 2024
- 4.1 Introduction
- 4.2 Company market share analysis
- 4.3 Competitive positioning matrix
- 4.4 Strategic outlook matrix
Chapter 5 Market Estimates & Forecast, By Platform, 2021-2034 (USD Million)
- 5.1 Key trends
- 5.2 Attack helicopters
- 5.3 Military aircrafts
- 5.3.1 fighter aircraft
- 5.3.2 transport aircraft
- 5.3.3 special mission aircraft
- 5.4 Unmanned Aerial Vehicles (UAVs)
Chapter 6 Market Estimates & Forecast, By Sensor Technology, 2021-2034 (USD Million)
- 6.1 Key trends
- 6.2 Infrared
- 6.3 Laser
- 6.4 Imaging
Chapter 7 Market Estimates & Forecast, By Product Type, 2021-2034 (USD Million)
- 7.1 Key trends
- 7.2 Camera
- 7.3 Laser
- 7.4 Thermal imaging
- 7.5 Others
Chapter 8 Market Estimates & Forecast, By Application, 2021-2034 (USD Million)
- 8.1 Key trends
- 8.2 ISR
- 8.3 Targeting
- 8.4 Situational awareness
- 8.5 Navigation
- 8.6 Others
Chapter 9 Market Estimates & Forecast, By Imaging Technology, 2021-2034 (USD Million)
- 9.1 Key trends
- 9.2 multi-spectral
- 9.3 hyper-spectral
Chapter 10 Market Estimates & Forecast, By Region, 2021-2034 (USD Million)
- 10.1 Key trends
- 10.2 North America
- 10.2.1 U.S.
- 10.2.2 Canada
- 10.3 Europe
- 10.3.1 UK
- 10.3.2 Germany
- 10.3.3 France
- 10.3.4 Italy
- 10.3.5 Spain
- 10.3.6 Russia
- 10.4 Asia Pacific
- 10.4.1 China
- 10.4.2 India
- 10.4.3 Japan
- 10.4.4 South Korea
- 10.4.5 Australia
- 10.5 Latin America
- 10.5.1 Brazil
- 10.5.2 Mexico
- 10.6 MEA
- 10.6.1 South Africa
- 10.6.2 Saudi Arabia
- 10.6.3 UAE
Chapter 11 Company Profiles
- 11.1 BAE Systems plc
- 11.2 CONTROP Precision Technologies Ltd.
- 11.3 Elbit Systems Ltd.
- 11.4 Excelitas Technologies Corp.
- 11.5 Israel Aerospace Industries
- 11.6 L3Harris Technologies, Inc.
- 11.7 Leonardo S.p.A.
- 11.8 Lockheed Martin Corporation
- 11.9 Northrop Grumman
- 11.10 Raytheon Technologies Corporation
- 11.11 Rheinmetall AG
- 11.12 Saab AB
- 11.13 Safran SA
- 11.14 Teledyne FLIR LLC
- 11.15 Thales Group
- 11.16 Ultra Electronics Holdings plc
