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Military Electro-optics/Infrared (EO/IR) Systems Market Trends

  • Report ID: GMI5736
  • Published Date: Dec 2024
  • Report Format: PDF

Military Electro-optics/Infrared (EO/IR) Systems Market Trends

The military electro-optics/infrared (EO/IR) systems industry is integrating automation and artificial intelligence to enhance system capabilities. The incorporation of advanced data processing and machine learning into EO/IR platforms enables faster decision-making and automated threat recognition, improving operational efficiency. The market shows increasing demand for compact and lightweight systems, especially in unmanned platforms, to support agile military operations. Leonardo Electronics US is advancing AI integration in ISR to enhance threat detection and emitter analysis. AI supports Radar Warning Receivers and ELINT systems in identifying known threats, but challenges remain with new, agile RF signals and cybersecurity issues. The use of 5G technology adds complexity due to frequency diversity and beamforming, making threat detection and protection more difficult.
 

The Israel Ministry of Defense has signed a NIS 2 billion agreement with Rafael Advanced Defense Systems and Elbit Systems to expand production of the IRON BEAM, Israel's first domestically developed laser weapon system. The ground-based laser defense system intercepts aerial threats, including rockets, mortars, unmanned aerial vehicles (UAVs), and cruise missiles. Following successful trials demonstrating its interception capabilities, the IRON BEAM will integrate with Israel's existing multi-layered defense infrastructure, including the Iron Dome. This integration aims to strengthen national defense capabilities while reducing operational costs. The system's precision targeting and rapid response features enhance intelligence, surveillance, and reconnaissance (ISR) operations, improving battlefield awareness and defense readiness.
 

Authors: Suraj Gujar, Partha Paul

Frequently Asked Questions (FAQ) :

The global market size for military electro-optics/infrared (EO/IR) systems was valued at USD 8.4 billion in 2024 and is projected to reach USD 12 billion by 2034, driven by a CAGR of 3.8% during the forecast period, fueled by the growing need for Intelligence, Surveillance, and Reconnaissance (ISR).

Electro-optical (EO) systems held a 42.4% market share in 2024, driven by their high-resolution imaging and surveillance capabilities, which enhance reconnaissance and situational awareness.

The North America military EO/IR systems market is expected to exceed USD 4.1 billion by 2034, driven by significant investments in military modernization and advancements in surveillance technologies.

Key players in the market include Aselsan A.S., BAE Systems plc, CONTROP Precision Technologies Ltd., Elbit Systems Ltd., Excelitas Technologies Corp., Hensoldt AG, Indra Sistemas, S.A., Israel Aerospace Industries, L3Harris Technologies, Inc., Leonardo S.p.A., Lockheed Martin Corporation, and Northrop Grumman.

Military Electro-optics/Infrared (EO/IR) Systems Market Scope

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Premium Report Details

  • Base Year: 2024
  • Companies covered: 19
  • Tables & Figures: 240
  • Countries covered: 18
  • Pages: 170
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