PUBLISHER: Grand View Research | PRODUCT CODE: 1574875
PUBLISHER: Grand View Research | PRODUCT CODE: 1574875
Military Electro-optical And Infrared Systems Market Size, Share & Trends Analysis Report By Platform, By Application, By Imaging Technology, By Cooling Technology, By Sensor Technology, By Component, By Region, And Segment Forecasts, 2024 - 2030
Market Size & Trends:
The global military electro-optical and infrared systems market size was estimated at USD 8.25 billion in 2023 and is projected to grow at a CAGR of 4.2% from 2024 to 2030. The increasing need for advanced surveillance and reconnaissance capabilities drives market growth. As global tensions rise and asymmetric warfare becomes more prevalent, military forces require enhanced situational awareness to effectively monitor and respond to potential threats.
The growing focus on precision targeting and intelligence gathering has further fueled the adoption of EO/IR systems across various platforms, including aircraft, naval vessels, and ground vehicles. The ability of these systems to operate in diverse environmental conditions, including low visibility and night-time scenarios, makes them indispensable for modern military operations.
The market is growing with advancements in military electro-optical and infrared (EOIR) systems, making them more efficient, reliable, and versatile. Innovations such as high-resolution imaging sensors, advanced signal processing, and integration of artificial intelligence (AI) have enhanced the performance of these systems. The development of multi-spectral and hyperspectral imaging technologies allows for better target identification and discrimination, even in cluttered environments. Furthermore, the miniaturization of components has led to the creation of compact and lightweight systems that can be easily integrated into a variety of platforms, thereby expanding their operational scope.
Governments worldwide have been actively promoting the acquisition and development of Military EO and IR Systems as part of their defense modernization programs. Many nations are increasing their defense budgets and prioritizing the procurement of advanced surveillance and targeting systems to enhance their military capabilities. Initiatives such as funding for research and development, partnerships with private defense contractors, and streamlined procurement processes have been instrumental in driving the sales of EO/IR systems. In addition, government-led programs to improve border security, counterterrorism, and homeland defense are further contributing to the growing demand for these systems.
Manufacturers of military EO and IR systems are increasingly focusing on developing next-generation solutions that cater to the evolving needs of modern warfare. Companies are investing heavily in research and development to create systems with enhanced performance characteristics, such as higher resolution, longer range, and improved data processing capabilities. There is also a growing emphasis on developing systems that can be easily integrated with other defense technologies, such as unmanned systems and network-centric warfare platforms. By offering customizable and modular EO/IR solutions, manufacturers are positioning themselves to meet the specific requirements of different military customers.
The market offers several key opportunities for growth, particularly in the areas of emerging technologies and new applications. The increasing adoption of unmanned aerial vehicles (UAVs) and drones for surveillance and reconnaissance missions presents a significant opportunity for the integration of EO and IR systems. In addition, the growing focus on space-based EO and IR systems for missile defense and early warning systems opens up new avenues for market expansion. As militaries around the world seek to enhance their capabilities in electronic warfare and cyber defense, there is also potential for EO and IR systems to play a critical role in these domains, further driving market growth.
Global Military Electro-optical And Infrared Systems Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global military electro-optical and infrared systems market report based on platform, application, imaging technology, cooling technology, sensor technology, component, and region:
- Platform Outlook (Revenue, USD Million, 2018 - 2030)
- Airborne
- Land
- Naval
- Application Outlook (Revenue, USD Million, 2018 - 2030)
- Surveillance and Reconnaissance
- Target Acquisition and Designation
- Weapon Sighting and Fire Control
- Navigation and Guidance
- Imaging Technology Outlook (Revenue, USD Million, 2018 - 2030)
- Electro-optical (EO) Systems
- Infrared (IR) Systems
- Hyper-Spectral and Multi-Spectral Systems
- Cooling Technology Outlook (Revenue, USD Million, 2018 - 2030)
- Cooled
- Uncooled
- Sensor Technology Outlook (Revenue, USD Million, 2018 - 2030)
- Staring
- Scanning
- Component Outlook (Revenue, USD Million, 2018 - 2030)
- Human Machine Interface
- Stabilization Units
- Control System
- Sensor
- Optics
- Processors
- RegionalOutlook (Revenue, USD Million, 2018 - 2030)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Latin America
- Brazil
- Middle East and Africa (MEA)
- Kingdom of Saudi Arabia
- UAE
- South Africa
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation and Scope
- 1.2. Market Definitions
- 1.3. Research Methodology
- 1.3.1. Information Procurement
- 1.3.2. Information or Data Analysis
- 1.3.3. Market Formulation & Data Visualization
- 1.3.4. Data Validation & Publishing
- 1.4. Research Scope and Assumptions
- 1.4.1. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.3. Competitive Insights
Chapter 3. Military Electro-Optical and Infrared Systems Market Variables, Trends, & Scope
- 3.1. Market Introduction/Lineage Outlook
- 3.2. Market Dynamics
- 3.2.1. Market Drivers Analysis
- 3.2.2. Market Restraints Analysis
- 3.2.3. Industry Opportunities
- 3.2.4. Industry Challenges
- 3.3. Military Electro-Optical and Infrared Systems Market Analysis Tools
- 3.3.1. Porter's Analysis
- 3.3.2. PESTEL Analysis
Chapter 4. Military Electro-Optical and Infrared Systems Market: Platform Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. Military Electro-Optical and Infrared Systems Market: Platform Movement Analysis, USD Million, 2023 & 2030
- 4.3. Airborne
- 4.3.1. Airborne Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.4. Land
- 4.4.1. Land Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.5. Naval
- 4.5.1. Naval Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 5. Military Electro-Optical and Infrared Systems Market: Application Estimates & Trend Analysis
- 5.1. Segment Dashboard
- 5.2. Military Electro-Optical and Infrared Systems Market: Application Movement Analysis, USD Million, 2023 & 2030
- 5.3. Surveillance and Reconnaissance
- 5.3.1. Surveillance and Reconnaissance Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.4. Target Acquisition and Designation
- 5.4.1. Target Acquisition and Designation Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.5. Weapon Sighting and Fire Control
- 5.5.1. Weapon Sighting and Fire Control Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.6. Navigation and Guidance
- 5.6.1. Navigation and Guidance Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 6. Military Electro-Optical and Infrared Systems Market: Imaging Technology Estimates & Trend Analysis
- 6.1. Segment Dashboard
- 6.2. Military Electro-Optical and Infrared Systems Market: Imaging Technology Movement Analysis, USD Million, 2023 & 2030
- 6.3. Electro-optical (EO) systems
- 6.3.1. Electro-optical (EO) systems Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4. Infrared (IR) Systems
- 6.4.1. Automotive Infrared (IR) Systems Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.5. Hyper-spectral and multi-spectral systems
- 6.5.1. Hyper-spectral and multi-spectral systems Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 7. Military Electro-Optical and Infrared Systems Market: Cooling Technology Estimates & Trend Analysis
- 7.1. Segment Dashboard
- 7.2. Military Electro-Optical and Infrared Systems Market: Cooling Technology Movement Analysis, USD Million, 2023 & 2030
- 7.3. Cooled
- 7.3.1. Cooled Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4. Uncooled
- 7.4.1. Uncooled Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 8. Military Electro-Optical and Infrared Systems Market: Sensor Technology Estimates & Trend Analysis
- 8.1. Segment Dashboard
- 8.2. Military Electro-Optical and Infrared Systems Market: Sensor Technology Movement Analysis, USD Million, 2023 & 2030
- 8.3. Staring
- 8.3.1. Staring Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.4. Scanning
- 8.4.1. Scanning Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 9. Military Electro-Optical and Infrared Systems Market: Component Estimates & Trend Analysis
- 9.1. Segment Dashboard
- 9.2. Military Electro-Optical and Infrared Systems Market: Component Movement Analysis, USD Million, 2023 & 2030
- 9.3. Human Machine Interface
- 9.3.1. Human Machine Interface Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.4. Stabilization Units
- 9.4.1. Stabilization Units Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.5. Control System
- 9.5.1. Control System Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.6. Sensor
- 9.6.1. Sensor Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.7. Optics
- 9.7.1. Optics Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.8. Processors
- 9.8.1. Processors Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 10. Military Electro-Optical and Infrared Systems Market: Regional Estimates & Trend Analysis
- 10.1. Military Electro-Optical and Infrared Systems Market Share, By Region, 2023 & 2030, USD Million
- 10.2. North America
- 10.2.1. North America Military Electro-Optical and Infrared Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 10.2.2. U.S.
- 10.2.2.1. U.S. Military Electro-Optical and Infrared Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 10.2.3. Canada
- 10.2.3.1. Canada Military Electro-Optical and Infrared Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 10.2.4. Mexico
- 10.2.4.1. Mexico Military Electro-Optical and Infrared Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 10.3. Europe
- 10.3.1. Europe Military Electro-Optical and Infrared Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 10.3.2. U.K.
- 10.3.2.1. U.K. Military Electro-Optical and Infrared Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 10.3.3. Germany
- 10.3.3.1. Germany Military Electro-Optical and Infrared Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 10.3.4. France
- 10.3.4.1. France Military Electro-Optical and Infrared Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 10.4. Asia Pacific
- 10.4.1. Asia Pacific Military Electro-Optical and Infrared Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 10.4.2. China
- 10.4.2.1. China Military Electro-Optical and Infrared Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 10.4.3. Japan
- 10.4.3.1. Japan Military Electro-Optical and Infrared Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 10.4.4. India
- 10.4.4.1. India Military Electro-Optical and Infrared Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 10.4.5. South Korea
- 10.4.5.1. South Korea Military Electro-Optical and Infrared Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 10.4.6. Australia
- 10.4.6.1. Australia Military Electro-Optical and Infrared Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 10.5. Latin America
- 10.5.1. Latin America Military Electro-Optical and Infrared Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 10.5.2. Brazil
- 10.5.2.1. Brazil Military Electro-Optical and Infrared Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 10.5.3. Mexico
- 10.5.3.1. Mexico Military Electro-Optical and Infrared Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 10.6. Middle East and Africa
- 10.6.1. Middle East and Africa Military Electro-Optical and Infrared Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 10.6.2. Saudi Arabia
- 10.6.2.1. Saudi Arabia Military Electro-Optical and Infrared Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 10.6.3. UAE
- 10.6.3.1. UAE Military Electro-Optical and Infrared Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 10.6.4. South Africa
- 10.6.4.1. South Africa Military Electro-Optical and Infrared Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 11. Competitive Landscape
- 11.1. Recent Developments & Impact Analysis by Key Market Participants
- 11.2. Company Categorization
- 11.3. Company Market Positioning
- 11.4. Company Heat Map Analysis
- 11.5. Strategy Mapping
- 11.5.1. Expansion
- 11.5.2. Mergers & Acquisition
- 11.5.3. Partnerships & Collaborations
- 11.5.4. New Product Launches
- 11.5.5. Research And Development
- 11.6. Company Profiles
- 11.6.1. Lockheed Martin Corporation
- 11.6.1.1. Participant's Overview
- 11.6.1.2. Financial Performance
- 11.6.1.3. Product Benchmarking
- 11.6.1.4. Recent Developments
- 11.6.2. Northrop Grumman Corporation
- 11.6.2.1. Participant's Overview
- 11.6.2.2. Financial Performance
- 11.6.2.3. Product Benchmarking
- 11.6.2.4. Recent Developments
- 11.6.3. Raytheon Technologies Corporation
- 11.6.3.1. Participant's Overview
- 11.6.3.2. Financial Performance
- 11.6.3.3. Product Benchmarking
- 11.6.3.4. Recent Developments
- 11.6.4. Thales Group, Leonardo S.p.A.
- 11.6.4.1. Participant's Overview
- 11.6.4.2. Financial Performance
- 11.6.4.3. Product Benchmarking
- 11.6.4.4. Recent Developments
- 11.6.5. L3Harris Technologies, Inc.
- 11.6.5.1. Participant's Overview
- 11.6.5.2. Financial Performance
- 11.6.5.3. Product Benchmarking
- 11.6.5.4. Recent Developments
- 11.6.6. FLIR Systems, Inc.
- 11.6.6.1. Participant's Overview
- 11.6.6.2. Financial Performance
- 11.6.6.3. Product Benchmarking
- 11.6.6.4. Recent Developments
- 11.6.7. BAE Systems Plc
- 11.6.7.1. Participant's Overview
- 11.6.7.2. Financial Performance
- 11.6.7.3. Product Benchmarking
- 11.6.7.4. Recent Developments
- 11.6.8. Leonardo S.p.A.
- 11.6.8.1. Participant's Overview
- 11.6.8.2. Financial Performance
- 11.6.8.3. Product Benchmarking
- 11.6.8.4. Recent Developments
- 11.6.9. Micron Technology, Inc.
- 11.6.9.1. Participant's Overview
- 11.6.9.2. Financial Performance
- 11.6.9.3. Product Benchmarking
- 11.6.9.4. Recent Developments
- 11.6.10. Rheinmetall AG
- 11.6.10.1. Participant's Overview
- 11.6.10.2. Financial Performance
- 11.6.10.3. Product Benchmarking
- 11.6.10.4. Recent Developments
- 11.6.11. Saab AB
- 11.6.11.1. Participant's Overview
- 11.6.11.2. Financial Performance
- 11.6.11.3. Product Benchmarking
- 11.6.11.4. Recent Developments
- 11.6.1. Lockheed Martin Corporation
List of Tables
- Table 1 Military Electro-Optical and Infrared Systems Market - Key Market Driver Impact
- Table 2 Military Electro-Optical and Infrared Systems Market - Key Market Restraint Impact
- Table 3 Military Electro-Optical and Infrared Systems Market Revenue Estimates and Forecast, By Platform, 2018 - 2030 (USD Million)
- Table 4 Military Electro-Optical and Infrared Systems Market Revenue Estimates and Forecast, By Application, 2018 - 2030 (USD Million)
- Table 5 Military Electro-Optical and Infrared Systems Market Revenue Estimates and Forecast, By Imaging Technology, 2018 - 2030 (USD Million)
- Table 6 Recent Developments & Impact Analysis, By Key Market Participants
- Table 7 Company Heat Map Analysis
- Table 8 Key companies launching new products/services
- Table 9 Key companies engaged in mergers & acquisition
- Table 10 Key companies engaged in research & development
- Table 11 Key Companies engaged in expansion
List of Figures
- Fig. 1 Military Electro-Optical and Infrared Systems Market segmentation
- Fig. 2 Information Procurement
- Fig. 3 Data Analysis Models
- Fig. 4 Market Formulation and Validation
- Fig. 5 Data Validating & Publishing
- Fig. 6 Military Electro-Optical and Infrared Systems Market Snapshot
- Fig. 7 Military Electro-Optical and Infrared Systems Market Segment Snapshot
- Fig. 8 Military Electro-Optical and Infrared Systems Market Competitive Landscape Snapshot
- Fig. 9 Market Driver Impact
- Fig. 10 Market Restraint/Challenges Impact
- Fig. 11 Military Electro-Optical and Infrared Systems Market: Porter's Five Forces Analysis
- Fig. 12 Military Electro-Optical and Infrared Systems Market: PESTEL Analysis
- Fig. 13 Military Electro-Optical and Infrared Systems Market, By Component: Key Takeaways
- Fig. 14 Military Electro-Optical and Infrared Systems Market, By Component: Market Share, 2023 & 2030
- Fig. 15 Airborne Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 16 Land Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 17 Naval Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 18 Military Electro-Optical and Infrared Systems Market, By Application: Key Takeaways
- Fig. 19 Military Electro-Optical and Infrared Systems Market, By Application: Market Share, 2023 & 2030
- Fig. 20 Surveillance and Reconnaissance Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 21 Target Acquisition and Designation Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 22 Weapon Sighting and Fire Control Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 23 Navigation and Guidance Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 24 Military Electro-Optical and Infrared Systems Market, By Imaging Technology: Key Takeaways
- Fig. 25 Military Electro-Optical and Infrared Systems Market, By Imaging Technology: Market Share, 2023 & 2030
- Fig. 26 Surveillance and Reconnaissance Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 27 Electro-optical (EO) Systems Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 28 Infrared (IR) Systems Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 29 Hyper-Spectral and Multi-Spectral Systems Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 30 Regional marketplace: Key takeaways
- Fig. 31 North America Military Electro-Optical and Infrared Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- Fig. 32 U.S. Military Electro-Optical and Infrared Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- Fig. 33 Canada Military Electro-Optical and Infrared Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- Fig. 34 Mexico Military Electro-Optical and Infrared Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- Fig. 35 Europe Military Electro-Optical and Infrared Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- Fig. 36 UK Military Electro-Optical and Infrared Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- Fig. 37 Germany Military Electro-Optical and Infrared Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- Fig. 38 France Military Electro-Optical and Infrared Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- Fig. 39 Asia Pacific Military Electro-Optical and Infrared Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- Fig. 40 China Military Electro-Optical and Infrared Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- Fig. 41 Japan Military Electro-Optical and Infrared Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- Fig. 42 India Military Electro-Optical and Infrared Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- Fig. 43 South Korea Military Electro-Optical and Infrared Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- Fig. 44 Australia Military Electro-Optical and Infrared Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- Fig. 45 Latin America Military Electro-Optical and Infrared Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- Fig. 46 Brazil Military Electro-Optical and Infrared Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- Fig. 47 MEA Military Electro-Optical and Infrared Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- Fig. 48 Saudi Arabia Military Electro-Optical and Infrared Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- Fig. 49 UAE Military Electro-Optical and Infrared Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- Fig. 50 South Africa Military Electro-Optical and Infrared Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- Fig. 51 Company Categorization
- Fig. 52 Company Market Positioning
- Fig. 53 Strategy framework
