Global Military Electro-Optics / Infrared Systems Strategic Report 2024: Market to Reach $13.4 Billion by 2030 - Soldier Modernization Initiatives Augur Well for the Market
DUBLIN, Feb. 27, 2024 /PRNewswire/ -- The "Military Electro-Optics / Infrared Systems - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
- DUBLIN, Feb. 27, 2024 /PRNewswire/ -- The "Military Electro-Optics / Infrared Systems - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
- The global market for Military Electro-Optics / Infrared Systems estimated at US$8.8 Billion in the year 2022, is projected to reach a revised size of US$13.4 Billion by 2030, growing at a CAGR of 5.4% over the analysis period 2022-2030.
- Air, one of the segments analyzed in the report, is projected to record a 4.7% CAGR and reach US$5.8 Billion by the end of the analysis period.
- The increasing significance of military electro-optical and infrared (EO/IR) systems, driven by evolving defense requirements, is highlighted in the context of a global economic update.