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Military Electro Optical Infrared Market (EO/IR) 2014-2024

March 6, 2014

DALLAS, March 6, 2014 /PRNewswire/ –

ReportsnReports.com offers “The Global Military Electro Optical Infrared (EO/IR)
Market 2014-2024″ research report in its store that says the Asia-Pacific region is set to
exhibit a CAGR of 4.37% during the period.

The Global Military Electro Optical Infrared (EO/IR) Market 2014-2024
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) provides detailed analysis of both historic and
forecast global industry values, factors influencing demand, the challenges faced by
industry participants, analysis of the leading companies in the industry, and key news. It
offers the reader detailed analysis of the global military EO/IR Systems market over the
next ten years, alongside potential market opportunities to enter the industry, using
detailed market size forecasts.

What are the key drivers behind recent market changes?

The need for advanced situational awareness and information dissemination abilities is
driving the development and procurement of several EO/IR based aircraft, rotorcraft and
UAV payload systems. The industry participants are significantly investing in RandD in
order to emerge with innovations in ground based, air based and naval segments. The MoDs
are procuring a range of new sighting devices for their weapons as well as wearable night
vision and thermal imaging systems for their future soldier programs.

What makes this report unique and essential to read?

“The Global Military Electro Optical Infrared (EO/IR Systems) Market 2014-2024″
provides detailed analysis of the current industry size and growth expectations from 2014
to 2024, including highlights of key growth stimulators. It also benchmarks the industry
against key global markets and provides a detailed understanding of emerging opportunities
in specific areas.

Key Features and Benefits of The Global Military Electro Optical Infrared (EO/IR)
Market 2014-2024 Research Report :

The report provides detailed analysis of the market for military EO/IR Systems during
2014-2024, including the factors that influence why countries are investing or cutting
expenditure on military ammunition. It provides detailed expectations of growth rates and
projected total expenditure.

Governments worldwide recognize the need to increase the promptness of military
attacks while shortening the time taken to complete a mission. This is where EO/IR Systems
are increasing in importance, with their ability to reduce the ISR mission-cycle time and
help towards the rapid, ad hoc integration of platforms into strike forces and
fast-reaction mission planning. The forecast period will also witness robust development
of EO/IR compatible software applications to be used for the successful working of EO/IR
Systems procured for various combat and homeland security purposes and to be used across
all three platforms including air, sea and land. Use of these software applications on
naval platforms is expected to present the fastest growing opportunity for suppliers
during the forecast period.

Key Market Issues

Miniaturization is one of the biggest challenges faced by the sector in recent times.
It is also expected that it will scale up further during the forecast period. EO/IR
sensors are becoming standard fitment across several military platforms especially in the
air force. The military’s round the world are focusing heavily on decreasing the size of
the aircraft which is putting enormous pressure on the manufacturers as they have to
compromise on performance in order to reduce the size and weight of the device especially
the sensors.

EO/IR Systems were continuously deployed in Afghanistan on ground vehicles, UAVs and
aircraft to support NATO troops with intelligence, surveillance, and reconnaissance and
target acquisition capabilities in difficult terrains. In the process, these countries
have piled up a large number of EO/IR System payloads and their associated sensors. The US
and the UK purchased EO/IR Systems as urgent operational requests and thus, as stated by
the UK MoD, the future use of these systems after the troops’ withdrawal is unclear.

The sector growth in the past has come from new procurements these have been on the
lower side after the recession due to budget cuts by defense ministries in the US and
western European countries. Although, these developments have not significantly impacted
the growth in the EO/IR industry, they have clogged the growth rates which have been
forecasted to remain unprecedentedly high before the economic downturn in 2007.

Key Highlights of the report titled The Global Military Electro Optical Infrared
(EO/IR) Market 2014-2024 :

Recent years have witnessed a surge in the use of EO-IR Systems for ground soldiers
and this trend is expected to further strengthen over the forecast period. Some of the new
devices including EO/IR Wideband radios, thermal imagers, EO sensors, EO and IR high
definition, and long range cameras incorporate an array of innovations, providing
dismounted soldiers with improved capability in terms of protection, observation,
lethality, survivability and C4I (command, control, communications, computers, and
intelligence).

The military EO/IR market is witnessing rapid technological advancements owing to the
continuously evolving needs of the militaries for ISR activities. The industry
participants are significantly investing in RandD in order to emerge with innovations in
ground based, air based and naval segments. The MoDs are procuring a range of new sighting
devices for their weapons as well as wearable night vision and thermal imaging systems for
their future soldier programs.

Order a copy The Global Military Electro Optical Infrared (EO/IR) Market 2014-2024
Report at http://www.reportsnreports.com/Purchase.aspx?name=276492 .

Table of Contents for this Research Include:

1 Introduction
1.1 What is this Report About?
1.2 Definitions
1.3 Summary Methodology
1.4 About Strategic Defence Intelligence

2 Executive Summary

3 Global Military Electro Optical Infrared (EO/IR) Systems Market Size and Drivers
3.1 Military Electro Optical Infrared (EO/IR) Systems Market Size and Forecast 2014-2024
3.1.1 Global military electro optical infrared (EO/IR) systems market to show positive
growth during the forecast period 3.2 Global Military Electro Optical Infrared (EO/IR)
Systems Market – Regional Analysis 3.2.1 North America to drive the demand for the
military EO/IR Systems market over the forecast period 3.2.2 The US will lead the global
expenditure on Military Electro Optical Infrared Systems 3.2.3 Military EO/IR systems
market to be robust in Europe 3.2.4 Military Electro Optical Infrared Systems market to
exhibit a CAGR of 4.37% in the Asia-Pacific region 3.2.5 Spending in the Middle East is
expected to be driven by an increased focus on ISR capabilities 3.2.6 The Military Electro
Optical Infrared Systems Market in Latin America expected to register a moderate to strong
growth over the forecast period 3.2.7 Markets in Africa expected to increase over the
forecast period 3.3 Military Electro Optical Infrared (EO/IR) Systems Sub-Sector Market
Size Composition 3.3.1 Airborne and naval systems to constitute nearly 83% of the military
electro optical infrared (EO/IR) systems market 3.3.2 Airborne EO/IR Systems to form the
largest market segment over the forecast period 3.3.3 Investment in Naval EO/IR Systems to
grow at a CAGR of 5.68% over the forecast period 3.3.4 Ground-based EO/IR Systems to
witness sustained investment throughout the forecast period 3.4 Demand Drivers and Growth
Stimulators 3.4.1 Need for advanced surveillance and combat capabilities driving demand
for EO/IR Systems 3.4.2 Rapid technological advancements to drive the EO/IR market
3.4.3 Global need to shorten mission cycle time to fuel EO/IR demand
3.5 Defense Budget Spending Review
3.5.1 European capital expenditure expected to increase during the forecast period
3.5.2 Asian defense budgets expected to increase at a robust pace
3.5.3 North American defense expenditure projected to increase marginally during the
forecast period 3.5.4 Modernization programs likely to drive defense expenditure in South
American countries 3.5.5 Military budgets of African countries expected to increase during
the forecast period 3.5.6 Defense budgets of Middle Eastern countries likely to increase
during the forecast period 3.6 Defense Modernization Review
3.6.1 Financial constraints causing delays in European defense modernization programs
3.6.2 Defense budgets of Asian countries likely to be driven by competitive arms
acquisitions 3.6.3 Global economic slowdown leading to defense budget cuts in the North
American region 3.6.4 Need to replace aging equipment driving South American defense
expenditure 3.6.5 Security threats increasing the defense budget of African countries
3.6.6 Demand for air defense systems is likely to increase in the Middle East

4 Industry Trends, Recent Developments and Challenges
4.1 Technological Developments
4.1.1 New technologies to boost development in night vision goggles
4.1.2 Hyper spectral sensor payloads to provide enhanced monitoring and detection
capabilities 4.1.3 Strained-Layer-Superlattice Infrared Camera for UAV Payloads
4.1.4 New precision targeting system to increase accuracy of threat detection and response
capabilities 4.2 Market Trends
4.2.1 Development of new software applications compatible with EO/IR Systems
4.2.2 The market is currently witnessing a shift from the procurement of conventional UAVs
to Mini, Micro and Nano UAVs, thus resulting in the procurement of related EO/IR Systems
4.2.3 Electro-optical systems becoming extremely popular with ground forces
4.3 Industry Consolidation
4.3.1 Joint ventures expected to increase over the forecast period
4.3.2 Companies making acquisitions in the EO/IR Systems segment to harness the
significant opportunities 4.4 Key Challenges
4.4.1 Austerity measures slowing down procurements
4.4.2 Miniaturization is becoming a major challenge for the industry

5 SWOT Analysis of the Military Electro Optical Infrared Systems Market
5.1 Strengths
5.1.1 Increasing demand for intelligence, surveillance and reconnaissance (ISR)
capabilities 5.1.2 Global increase in demand instigated by technological innovations
5.1.3 Reforms in defense spending to favor EO/IR Systems
5.2 Weaknesses
5.2.1 EO/IR systems require strong hardware support
5.2.2 High entry barriers to new entrants in the EO/IR systems market
5.3 Opportunities
5.3.1 Growing demand for UAVs to have a favorable impact on the market for EO/IR Systems
5.3.2 Interoperability issues to provide new avenues of growth for EO/IR Systems
5.3.3 Rapid technological innovations in the sector to deliver new capabilities and hence
push demand 5.4 Threats
5.4.1 US and European economic crisis
5.4.2 Withdrawal of coalition forces an impediment to the UAV payload market growth

6 Country Analysis – Military Electro Optical Infrared Systems Market
6.1 United States Market Size and Forecast 2014-2024
6.1.1 Airborne electro-optical systems expected to be the largest spend category in the US
6.1.2 Naval Electro-Optical Systems expected to constitute the second-largest market share
in the US 6.1.3 Demand for Ground based electro-optical systems expected to increase at a
CAGR of 1.33% over the forecast period 6.2 Russian Market Size and Forecast 2014-2024
6.2.1 Airborne EO/IR Systems to emerge as the largest segment of expenditure by Russia in
the sector 6.2.2 Market for ground based EO/IR Systems to grow at a CAGR of 10.29% over
the forecast period 6.2.3 Naval EO/IR Systems to account for the third largest segment of
expenditure for Russia 6.3 French Market Size and Forecast 2014-2024
6.3.1 Airborne EO/IR Systems to account for the largest segment of expenditure over the
forecast period 6.3.2 Naval EO/IR Systems segment to account for the second largest
segment 6.3.3 Ground based EO/IR Systems to grow at a CAGR of 2.26% over the forecast
period 6.4 The United Kingdom Market Size and Forecast 2014-2024
6.4.1 Airborne EO/IR segment in the UK to witness highest spending during the forecast
period 6.4.2 Naval EO/IR Systems market to account for the second largest segment of
expenditure by the UK 6.4.3 Ground based EO/IR Systems to account for the third largest
segment of expenditure in the UK over the forecast period 6.5 Chinese Market Size and
Forecast 2014-2024 6.5.1 Airborne EO/IR Systems are expected to account for the largest
segment of expenditure 6.5.2 Spending on naval EO/IR Systems expected to exhibit a CAGR of
5.97% during the forecast period 6.5.3 Ground based EO/IR Systems market to register
highest CAGR of 9.20% over the forecast period 6.6 Indian Market Size and Forecast
2014-2024 6.6.1 India’s airborne EO/IR Systems market to witness the highest spending
6.6.2 Spending on ground-based EO/IR Systems expected to exhibit a CAGR of 6.43% during
the forecast period 6.6.3 Naval EO/IR Systems market to constitute the third largest
spending 6.7 Australian Market Size and Forecast 2014-2024
6.7.1 Airborne EO/IR Systems are expected to account for the largest segment of
expenditure 6.7.2 Spending on naval EO/IR Systems expected to exhibit a CAGR of 7.26%
during the forecast period 6.7.3 Ground based EO/IR Systems market to account for third
largest segment of Australian EO/IR Systems market over the forecast period 6.8 Saudi
Arabian Market Size and Forecast 2014-2024 6.8.1 Spending on airborne EO/IR Systems
expected to witness a CAGR of 3.90% during the forecast period 6.8.2 Spending on ground
based EO/IR Systems expected to account for the second largest segment of expenditure
6.8.3 Spending on naval EO/IR Systems expected to register a CAGR of 4.97% over the
forecast period 6.9 The UAE Market Size and Forecast 2014-2024
6.9.1 Airborne EO/IR Systems to witness robust investment during the forecast period
6.1 Brazilian Market Size and Forecast 2014-2024
6.10.1 Air based EO/IR Systems to lead expenditure for Brazil EO system market
6.10.2 Brazil is expected to spend significantly on military ground EO /IR systems
6.10.3 Naval based EO systems are expected to be the fastest growing segment
6.11 South African Market Size and Forecast 2014-2024
6.11.1 Airborne EO/IR Systems to account for the second largest segment of expenditure
6.11.2 Spending on naval EO/IR Systems expected to exhibit a CAGR of 5.54% during the
forecast period

7 Major Military Electro Optical Infrared (EO/IR) Systems Programs
7.1 Airborne Military EO/IR Systems
7.1.1 US – Electro-optic systems – F-35 Joint Strike Fighter (JSF) Program
7.1.2 Canada – Sensors and detection (EO/IR) for Predator B UAS – JUSTAS Program
7.1.3 UK – Large Aircraft Infrared Countermeasures (LAIRCM) program
7.1.4 Oman – Procurement of DB-110 Reconnaissance Pod Systems
7.1.5 Australia – JP2078 Phase 2 Hyper-Spectral Imaging Program
7.2 Ground-based Military EO/IR Systems
7.2.1 US – EO/IR Systems Mine Resistant Ambush Protected (MRAP) Family of Vehicles (FoV)
7.2.2 US – Scorpion Unattended Ground Sensor (UGS) systems
7.2.3 UK – Procurement of head-mounted night vision systems (HMNVS)
7.2.4 UK – Driver’s and Local Situational Awareness Cameras
7.2.5 India -Battle Tanks thermal-imaging and night-vision devices Program
7.3 Naval Military EO/IR Systems
7.3.1 US – Hand held imager-miniaturized long range (HHI-Mini LR) systems
7.3.2 Malaysia – Electro-optical tracking module Mk2 (TMEO Mk2) Program

8 Competitive Landscape and Strategic Insights
8.1 Competitive Landscape overview
8.1.1 Lockheed Martin Corporation: overview
8.1.2 Lockheed Martin Corporation: products and services
8.1.3 Lockheed Martin Corporation: alliances
8.1.4 Lockheed Martin Corporation: recent contract wins
8.1.5 Lockheed Martin Corp.: financial analysis
8.1.6 BAE Systems Plc: overview
8.1.7 BAE Systems Plc: products and services
8.1.8 BAE Systems: alliances
8.1.9 BAE Systems: recent contract wins
8.1.10 BAE Systems Plc.: financial analysis
8.1.11 FLIR Systems: overview
8.1.12 FLIR Systems: products and services
8.1.13 FLIR Systems: alliances
8.1.14 FLIR Systems: recent contract wins
8.1.15 FLIR Systems: Financial Analysis
8.1.16 DRS Technologies: Overview
8.1.17 DRS Technologies: products and services
8.1.18 DRS Technologies: alliances
8.1.19 DRS Technologies: Recent Contract Wins
8.1.20 Harris Corporation: overview
8.1.21 Harris Corporation: products and services
8.1.22 Harris Corporation: alliances
8.1.23 Harris Corporation: recent contract wins
8.1.24 Harris Corporation: financial analysis
8.1.25 Elbit Systems: Overview
8.1.26 Elbit Systems: Products and services
8.1.27 Elbit Systems: Alliances
8.1.28 Elbit Systems: Recent contract wins
8.1.29 Elbit Systems: Financial analysis
8.1.30 L-3 Communications: overview
8.1.31 L-3 Communications: products and services
8.1.32 L-3 Communications: alliances
8.1.33 L-3 Communications: recent contract wins
8.1.34 L-3 Communications: financial analysis
8.1.35 Selex ES: Overview
8.1.36 Selex ES: Products and Services
8.1.37 Selex ES: Recent Contract Wins
8.1.38 Raytheon: Overview
8.1.39 Raytheon: Products and Services
8.1.40 Raytheon: Recent Contract Wins
8.1.41 Raytheon: Financial Analysis
8.1.42 Thales: Overview
8.1.43 Thales: Products and services
8.1.44 Thales: Alliances
8.1.45 Thales: Recent contract wins
8.1.46 Thales: Financial analysis
8.1.47 Corning: Overview
8.1.48 Corning: Products and Services
8.1.49 Corning: Alliances
8.1.50 Corning: Financial Analysis
8.1.51 Chess Dynamics: Overview
8.1.52 Chess Dynamics: Products and services
8.1.53 Chess Dynamics: Alliances

9 Appendix
9.1 Methodology
9.2 About SDI
9.3 Disclaimer

List of Tables

Table 1: Global Military Electro Optical Infrared (EO/IR) Systems Market Overview
Table 2: Global Military Electro Optical Infrared Systems Market Overview
Table 3: SWOT Analysis of the Military Electro Optical Infrared (EO/IR) Systems market
Table 4: US Military Electro Optical Infrared Systems Market Overview
Table 5: Russian Military EO/IR Systems Market Overview
Table 6: French Military EO/IR Systems Market Overview
Table 7: Major French Military EO/IR Systems Programs
Table 8: UK Military EO/IR Systems Market Overview
Table 9: Major UK Military Electro-optical and Infrared Programs
Table 10: Chinese Military Electro Optical Infrared Systems Market Overview
Table 11: Indian Military Electro Optical Infrared (EO/IR) Systems Market Overview
Table 12: Major Indian Military Electro Optical Infrared (EO/IR) Systems Programs
Table 13: Australian Military Electro Optical Infrared (EO/IR) Systems Market Overview
Table 14: Major Australian Military Electro Optical Infrared Systems Programs
Table 15: Saudi Arabia Military Electro Optical Infrared (EO/IR) Systems Market Overview
Table 16: Major Saudi Arabian Military Electro-optical and Infrared Programs
Table 17: UAE Military Electro Optical Infrared (EO/IR) Systems Market Overview
Table 18: Brazil Military Electro Optical Infrared (EO/IR) Systems
Table 19: South African Military Electro Optical Infrared Systems Market Overview
Table 20: Program Details – Electro-optic systems – F-35 Joint Strike Fighter (JSF)
Table 21: Program Details – Sensors and detection (EO/IR) for Predator B UAS – JUSTAS
Program Table 22: Program Details – Large Aircraft Infrared Countermeasures (LAIRCM)
program Table 23: Program Details – Procurement of DB-110 Reconnaissance Pod Systems
Table 24: Program Details – JP2078 Phase 2 Hyper-Spectral Imaging
Table 25: Program Details – EO/IR Systems procurement for Infantry Fighting Vehicle
Table 26: Program Details – Scorpion Unattended Ground Sensor (UGS) systems
Table 27: Program Details – Procurement of head-mounted night vision systems (HMNVS)
Table 28: Program Details – Driver’s and Local Situational Awareness Cameras
Table 29: Program Details -Battle Tanks Thermal-Imaging and Night-Vision Devices Program
Table 30: Program Details – Hand held imager-miniaturized long range systems
Table 31: Program Details – Electro-Optical Tracking Module Mk2 (TMEO Mk2) Program
Table 32: Lockheed Martin Corporation – Alliances
Table 33: Lockheed Martin Corporation – Recent Contract Wins
Table 34: BAE Systems – Alliances
Table 35: BAE Systems – Recent Contract Wins
Table 36: FLIR Systems – Alliances
Table 37: FLIR Systems – Recent Contract Wins
Table 38: DRS Technologies – Alliances
Table 39: DRS Technologies – Recent Contract Wins
Table 40: Harris Corporation – Alliances
Table 41: Harris Corporation – Recent Contract Wins
Table 42: Elbit Systems – Alliances
Table 43: Elbit Systems – Recent Contract Wins
Table 44: L-3 Communications – Alliances
Table 45: L-3 Communications – Recent Contract Wins
Table 46: Selex ES – Recent Contract Wins
Table 47: Raytheon – Recent Contract Wins
Table 48: Thales: Alliances
Table 49: Thales: Recent Contract Wins
Table 50: Corning – Alliances
Table 51: Chess Dynamics – Alliances

List of Figures

Figure 1: Global Military Electro Optical Infrared Systems Market (US$ Billion),
2014-2024 Figure 2: Military Electro Optical Infrared (EO/IR) Systems Market Breakdown by
Region (%), Figure 3: North American Military Electro Optical Infrared Systems Market (US$
Billion), 2014-2024 Figure 4: European Military Electro Optical Infrared Systems Market
(US$ Billion), 2014-2024 Figure 5: Asia-Pacific Military Electro Optical Infrared Systems
Market (US$ Billion), Figure 6: Middle East Military Electro Optical Infrared Systems
Market (US$ Million), Figure 7: Latin American Military Electro Optical Infrared Systems
Market (US$ Million), 2014-2024 Figure 8: African Military Electro Optical Infrared
Systems Market (US$ Million), 2014-2024 Figure 9: Military Electro Optical Infrared
Systems Market Breakdown by Segment (%), 2014-2024 Figure 10: Airborne Military EO/IR
Systems Market Size (US$ Billion), 2014-2024 Figure 11: Naval Military EO/IR Systems
Market Size (US$ Billion), 2014-2024 Figure 12: Ground-based Military EO/IR Systems Market
Size (US$ Billion), 2013-2023 Figure 13: Defense Capital Expenditure of Top Three European
Defense Spenders (US$ Billion), 2014-2024 Figure 14: Defense Capital Expenditure of Top
Three Asian Defense Spenders (US$ Billion), 2014-2024 Figure 15: Defense Capital
Expenditure of Top North American Defense Spenders (US$ Billion), 2014-2024 Figure 16:
Defense Capital Expenditure of Top Three South American Defense Spenders Figure 17:
Defense Capital Expenditure of Top Three African Countries (US$ Billion), 2014-2024 Figure
18: Defense Capital Expenditure of Top Three Middle Eastern Defense Spenders Figure 19:
Military Electro Optical Infrared Systems Market in the US (US$ Billion), Figure 20:
Military Electro Optical Infrared Systems Market Split By Category in the US (%),
2014-2024 Figure 21: Airborne Electro-optical Systems Market Size in the US (US$ Billion),
2014-2024 Figure 22: Naval Electro-Optical Systems Market Size in the US (US$ Million),
2014-2024 Figure 23: Ground Electro-Optical Systems Market Size in the US (US$ Million),
2014-2024 Figure 24: Military EO/IR Systems Market in Russia (US$ Million), 2014-2024
Figure 25: Military EO/IR Systems Market Split by Sector in Russia (%), 2014-2024
Figure 26: Airborne Systems Market Size in Russia (US$ Million), 2014-2024
Figure 27: Ground Based EO/IR Systems Market Size in Russia (US$ Million), 2014-2024
Figure 28: Naval EO/IR Systems Market Size in Russia (US$ Million), 2014-2024
Figure 29: Military EO/IR Systems Market in France (US$ Million), 2014-2024
Figure 30: Military EO/IR Systems Market Split by Sector in France (%), 2014-2024
Figure 31: Airborne EO/IR Systems Market Size in France (US$ Million), 2014-2024
Figure 32: Naval EO/IR Systems Market Size in France (US$ Million), 2014-2024
Figure 33: Ground-Based EO/IR Systems Market Size in France (US$ Million), 2014-2024
Figure 34: Military Electro-optical and Infrared Market in the UK (US$ Million), 2014-2024
Figure 35: Military Electro-optical Infrared Market Split by Sector in UK (%), 2014-2024
Figure 36: Airborne EO/IR Systems Market Size in the UK (US$ Million), 2014-2024
Figure 37: Naval EO/IR Systems Market Size in the UK (US$ Million), 2014-2024
Figure 38: Ground-Based EO/IR Systems Market Size in the UK (US$ Million), 2014-2024
Figure 39: Military Electro Optical Infrared Systems Market in China (US$ Million),
2014-2024 Figure 40: Military Electro Optical Infrared Systems Split by Sector in China
(%), 2014-2024 Figure 41: Airborne EO/IR Systems Market Size in China (US$ Million),
2014-2024 Figure 42: Naval EO/IR Systems Market Size in China (US$ Million), 2014-2024
Figure 43: Ground-based EO/IR System Market Size in China (US$ Million), 2014-2024
Figure 44: Military Electro Optical Infrared (EO/IR) Systems Market in India (US$
Million), 2014-2024 Figure 45: Military Electro Optical Infrared Systems Split by Sector
in India (%), 2014-2024 Figure 46: Airborne EO/IR Systems Market Size in India (US$
Million), 2014-2024 Figure 47: Ground-based EO/IR System Market Size in India (US$
Million), 2014-2024 Figure 48: Naval EO/IR System Market Size in India (US$ Million),
2014-2024 Figure 49: Military Electro Optical Infrared Systems Market in Australia (US$
Million), 2014-2024 Figure 50: Military Electro Optical Infrared Systems Market Split by
Sector in Australia (%), 2014-2024 Figure 51: Airborne Military EO/IR System Market Size
in Australia (US$ Million), 2014-2024 Figure 52: Naval EO/IR Systems Market Size in
Australia (US$ Million), 2014-2024 Figure 53: Ground-based EO/IR System Market Size in
Australia (US$ Million), 2014-2024 Figure 54: Military EO/IR Systems Market in Saudi
Arabia (US$ Million), 2014-2024 Figure 55: Military Electro Optical Infrared Systems
Market Split by Sector in Saudi Arabia (%), 2014-2024 Figure 56: Airborne EO/IR Market
Size in Saudi Arabia (US$ Million), 2014-2024 Figure 57: Ground-based EO/IR Market Size in
Saudi Arabia (US$ Million), 2014-2024 Figure 58: Naval EO/IR Market Size in Saudi Arabia
(US$ Million), 2014-2024 Figure 59: Military EO/IR Systems Market in the UAE (US$
Million), 2014-2024 Figure 60: Military EO/IR Systems Split by Sector in the UAE (%),
2014-2024 Figure 61: Airborne EO/IR Systems Market Size in the UAE (US$ Million),
2014-2024 Figure 62: Brazilian Military Electro-Optical Market Overview
Figure 63: Military Electro Optical Market in Brazil (US$ Million), 2014-2024
Figure 64: Military Electro Optical Market Split By Category in Brazil (%), 2014-2024
Figure 65: Military Airborne EO/IR Systems Market Size in Brazil (US$ Million), 2014-2024
Figure 66: Military Ground EO/IR Market Size in Brazil (US$ Million), 2014-2024
Figure 67: Naval EO/IR Systems Market Size in Brazil (US$ Million), 2014-2024
Figure 68: Military Electro Optical Infrared Systems Market in South Africa (US$ Million),
2014-2024 Figure 69: Military Electro Optical Infrared Systems Split by Sector in South
Africa (%), Figure 70: Airborne Military EO/IR System Market Size in South Africa (US$
Million), 2014-2024 Figure 71: Naval EO/IR System Market Size in South Africa (US$
Million), 2014-2024 Figure 72: Lockheed Martin Corp. – Revenue Trend Analysis (US$
billion), 2009-2013 Figure 73: Lockheed Martin Corp. – Operating Profit Trend Analysis
(US$ million), 2009-2013 Figure 74: Lockheed Martin Corp. – Net Profit Trend Analysis (US$
million), 2009-2013 Figure 75: BAE Systems – Revenue Trend Analysis (GBP billion),
2008-2012 Figure 76: BAE Systems – Operating Profit (GBP million), 2008-2012
Figure 77: BAE Systems – Net Profit Trend Analysis (GBP million), 2008-2012
Figure 78: FLIR Systems – Revenue Trend Analysis (US$ million), 2008-2012
Figure 79: FLIR Systems – Net Profit Trend Analysis (US$ million), 2008-2012
Figure 80: Harris Corporation – Revenue Trend Analysis (US$ Billion), 2008-2012
Figure 81: Harris Corporation – Operating Profit (US$ Million), 2008-2012
Figure 82: Harris Corporation – Net Profit Trend Analysis (US$ Million), 2008-2012
Figure 83: Elbit Systems – Revenue Trend Analysis (US$ Billion), 2008-2012
Figure 84: Elbit Systems – Operating Profit (US$ Million), 2008-2012
Figure 85: Elbit Systems – Net Profit Trend Analysis (US$ Million), 2008-2012
Figure 86: L-3 Communications – Revenue Trend Analysis (US$ Billion), 2008-2012
Figure 87: L-3 Communications. – Operating Profit (US$ Million), FY2009-2013
Figure 88: L-3 Communications. – Net Profit Trend Analysis (US$ Million), FY2009-20113
Figure 89: Raytheon – Revenue Trend Analysis (US$ Billion), 2008-2012
Figure 90: Raytheon – Operating Profit (US$ Million), 2008-2012
Figure 91: Raytheon – Net Profit Trend Analysis (US$ Million), 2008-2012
Figure 92: Thales – Revenue Trend Analysis (EUR billion), 2008-2012
Figure 93: Thales – Operating Profit (EUR million), 2008-2012
Figure 94: Thales – Net Profit Trend Analysis(EUR million), 2008-2012
Figure 95: Corning – Revenue Trend Analysis (US$ Billion), 2008-2012
Figure 96: Corning – Net Profit (US$ Million), 2008-2012

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industry, using detailed market size forecasts. The soldier modernization market is going
through rapid technological developments with major innovations in the fields of networked
soldier technology and future soldier outfit modernization. The defense procurement
agencies of various countries are constantly updating the various manufacturers on
potential future requirements in fields of lethality, survivability, C4ISR, sustainability
and mobility. This makes it absolutely essential for the leading military nations of the
world to routinely invest in science and technology as well as research and development in
order to ensure they maintain their technological edge. Given these factors, the demand
for soldier modernization solutions will be driven by the continual digitization of the
modern battlefield where many nations are fielding infantry who are capable of utilizing
tools such as advanced navigation, as well as communication and targeting equipment.
Technological advances in the fields of powered exoskeletons and fuel cells will also
drive the soldier modernization market as leading military nations search for ways to
minimize costs while deploying these technologies on the battlefield.

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Source: PR Newswire



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