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Visiongain Releases Military Electro Optical Infra-Red Systems Market Forecast [Professional Services Close - Up](Professional Services Close - Up Via Acquire Media NewsEdge) Electro-optical imagery, infrared imaging, night vision systems and laser range finding systems provide militaries with battlefield capabilities, according to a release from Visiongain. In particular, EO/IR systems are integral to the intelligence, surveillance and reconnaissance and intelligence, surveillance, target acquisition and reconnaissance capabilities of modern military forces. Increasingly, EO/IR capabilities are seen as a critical force multiplier, enabling a flexible deployment of targeted military force based on accurate and timely surveillance and reconnaissance. Visiongain forecasts rising global demand for military EO/IR systems over the period 2014-2024. Established military markets in North America and Europe will lead the market in terms of technology and research and development. However, established military markets will generally achieve lower rates of growth in comparison to emerging military powers whose investment will drive global spending. In particularly, the increased affordability of EO/IR systems combined with their interoperability and mission critical functions will lead emerging military nations to integrate them into new procurement and military modernisation programmes. Visiongain has calculated that the military electro-optical infrared systems market will reach $8.38bn in 2014. What are Military EO/IR Systems? Visiongain defines the military electro-optical infrared systems market as powered systems that use both visible and non-visible light to provide visual feedback to military personnel or are integrated with other military systems. It includes three broad applications of EO/IR systems on airborne, ground or naval platforms. Visiongain's definition seeks to encapsulate the vital force multiplying functions provided by EO/IR systems as technological advancements in force projection. Consequently, the report covers a range of EO/IR systems that are broadly subsumed under the categorisation of intelligence, surveillance, target acquisition and reconnaissance capabilities. These systems include, among others, multispectral day and night imaging sensors, night vision goggles, laser rangefinders, forward looking infrared systems and infrared targeting pods. The report excludes optics based seeking systems such as infrared seekers and laser seekers installed on kinetic systems and also exclude flare systems. The report also excludes unpowered EO/IR systems such as binoculars and will not include data storage of visual display systems for EO/IR platforms. This report is intended to provide an in-depth analysis of the latest trends prevailing in the global electro-optical and infrared systems market and its growth and development in the next decade. The shifting patterns of defence spending, rising spending power of emerging markets, rising gross domestic product, commercial opportunities, economic recession and the implementation/ reformation of laws and regulations are trend setting factors which will affect the military electro-optical and infrared systems market. The analysis in the report address issues such as: scope for growth in the market, factors driving the market, market sizing by the end use sectors and the consumer's response to the market. The report also demonstrates how the market evolved, how it is now, and how these markets will perform in the future. - View military EO/IR systems market forecasts and analysis from 2014-2024 to keep your knowledge ahead of your competition and ensure you exploit key business opportunities - and avoid potential losses - The report provides sales value projections of the market, plus key information on the competitors, and the commercial drivers and restraints allowing you to more effectively compete in the market. In addition to market forecasts from 2014-2024, our new study shows current market data, assessment of technological, policy and process developments and revealing insight into shifts within the commercial landscape. - the report provides 313 tables, charts, and graphs e military EO/IR Systems market. - details 250 key contracts and programmes related to military EO/ IR technologies. More information and complete details: [email protected] ((Comments on this story may be sent to [email protected])) (c) 2014 ProQuest Information and Learning Company; All Rights Reserved. |