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Military Electro-Optics and Infrared (EO/IR) Systems Market By Platform (Air, Naval, Land), System (Targeting, Imaging), Technology (Uncooled, Cooled), Sensor Technology (Staring, Scanning), Imaging Technology (Hyperspectral, Multispectral), And Region, Global Trends And Forecast From 2022 To 2029
The Military Electro-Optics and Infrared (EO/IR) Systems Market Is Expected To Grow At 2.9 % CAGR From 2022 To 2029. It Is Expected To Reach Above USD 15.59 Billion By 2029 From USD 12.05 Billion In 2020.
Segment Analysis
The military Electro-Optics and Infrared (EO/IR) systems market is segmented based on platform, system, technology, sensor technology, imaging technology.
The largest segment for the military Electro-Optics and Infrared (EO/IR) systems market among air, naval, and land platforms varies depending on different factors such as regional requirements, geopolitical situations, and military strategy. however, historically, the land platform has been the largest segment for the military EO/IR systems market. This is because ground forces have a higher demand for situational awareness and intelligence, surveillance, and reconnaissance (ISR) capabilities, which can be provided by EO/IR systems. These systems can help ground troops detect, identify, and track potential threats, including enemy personnel, vehicles, and equipment. Additionally, ground-based EO/IR systems can be used for border and coastal surveillance, convoy protection, and search and rescue operations.
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