Military Electro-Optical and Infrared (EOIR) Systems Market Overview
The most important aspect of military operations is electro-optical and infrared equipment. These systems consist of a diverse set of discrete technologies focused on mission requirements and target acquisitions. The global Military Electro-Optical and Infrared (EOIR) Systems market is expected to rise at a considerable rate during the forecast period.
Progress in sensor technology has led to the solidification of proficiencies of multi-sensor electro optical targeting pods, such as target laser range finders, compass thermographic sensors, low-light television cameras, and laser spot detectors, driving the military electro optical and infrared systems market. Furthermore, the global Military Electro Optical and Infrared Systems market is expected to increase significantly during the forecast period, owing to significant changes in the manufacture of subcomponents and components in these systems.
Furthermore, rising concerns about the development of low-cost cooling technologies have increased the potential for cooled thermal imaging camera manufacturers. It has also boosted the adoption of electro-optical and infrared systems in the defense industry, as thermal imaging cameras' sensors are likely to improve the surveillance capabilities and target detection of contracted UAVs. This fact further supports to the development of the global Military Electro-Optical and Infrared (EOIR) Systems market.
Report Metric |
Details |
Market size available for years |
2023–2030 |
Base year considered |
2023 |
Forecast period |
2024–2030 |
Forecast unit |
Value (USD Million) |
Segments covered |
Platform Type, System Type, Sensor Technology Type, Imaging Technology, and Region |
Regions covered |
North America (the U.S. and Canada), Europe (UK, Germany, France, Italy, Spain, Russia, Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South East Asia, Rest of Asia Pacific), Latin America and the Middle East and Africa (Brazil, Saudi Arabia, UAE, Rest of LAMEA) |
Companies covered |
BAE Systems, Elbit Systems, Lockheed Martin, Raytheon, Thales, CONTROP Precision Technologies, DRS Technologies, General Dynamics, Harris, Israel Aerospace Industries, L-3 Communication, Saab. |
Covid-19 Impact on Military Electro-Optical and Infrared (EOIR) Systems Market
As the COVID-19 pandemic continuing its effect around the world, many defense and aerospace companies are facing its impact during this time around the world. For instance, commercial aviation companies in the U.S., France, Germany, and Canada are facing disruption in the production process and reduced demand as workforces staying at home, passengers stop traveling, and delay in delivery of new aircraft. Analysts expecting a drop from 3,000 to 4,000 aircraft during the pandemic period. On the defense side, contractors operating in the sector are in a better position, hence the impact of the pandemic is likely low in the short to mid-term. However, low demand due to budget constraints affecting the production as in aircraft manufacturing.
Military Electro-Optical and Infrared (EOIR) Systems Market Segment Overview

Based on Platform Type, the Air is the largest segment in the market. Observation systems, optic sights, night vision systems, and helmet-mounted displays are examples of airborne electro optical and infrared systems. In addition, weapon-mounted sights, night vision goggles, vehicle-mounted optronics devices, laser rangefinders, thermal imagers, and designators are all examples of land-based electro optical and infrared systems. Furthermore, infrared imaging and detectors, thermal imagery systems, surveillance and tracking systems, and optronics mast systems are all part of the naval electro optical and infrared system. These technologies aid in battle zones by improving visibility.
Military Electro-Optical and Infrared (EOIR) Systems Market, By Platform Type
· Air
· Land
· Naval
Military Electro-Optical and Infrared (EOIR) Systems Market, By System Type
· Targeting System
· Imaging System
· Electronic Support Measures
Military Electro-Optical and Infrared (EOIR) Systems Market, By Sensor Technology Type
· Scanning Sensor
· Staring Sensor
Military Electro-Optical and Infrared (EOIR) Systems Market, By Imaging Technology
· Hyper Spectral
· Multi Spectral
Military Electro-Optical and Infrared (EOIR) Systems Market Regional Overview
Geographically, North America commanded major share of the market and is predictable to maintain its supremacy over forecast period. The U.S. is the leading market in North America, because of its large spending on procurement and development of electro optical systems for various military platforms such as armored vehicles, airplanes, naval vessels, unmanned aerial vehicles, helicopters, and submarines. Additionally, most of the research and development for this technology is focused on the creation of lightweight, cost-effective, and resilient systems that are suitable for serious operations. This factor ultimately supports the market growth. Furthermore, Asia Pacific would be the fastest expanding region during the projected period, as China, India, and Japan will boost the region's growth.
Military Electro-Optical and Infrared (EOIR) Systems Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Military Electro-Optical and Infrared (EOIR) Systems Market, Key Players
· BAE Systems
· Elbit Systems
· Lockheed Martin
· Raytheon
· Thales
· CONTROP Precision Technologies
· DRS Technologies
· General Dynamics
· Harris
· Israel Aerospace Industries
· L-3 Communication
· Saab
Frequently Asked Questions (FAQ) :
Q1. What are the driving factors for the Military Electro-Optical and Infrared (EOIR) Systems market?
Progress in sensor technology has led to the solidification of proficiencies of multi-sensor electro optical targeting pods, such as target laser range finders, compass thermographic sensors, low-light television cameras, and laser spot detectors, driving the military electro optical and infrared systems market.
Q2. Which Segments are covered in the Military Electro-Optical and Infrared (EOIR) Systems market report?
Platform Type, System Type, Sensor Technology Type, Imaging Technology, and Region, these segments are covered in the Military Electro-Optical and Infrared (EOIR) Systems market report.
Q3. Which segment is projected to hold the largest share in the Military Electro-Optical and Infrared (EOIR) Systems Market?
The Air segment is projected to hold the largest share in the Military Electro-Optical and Infrared (EOIR) Systems Market.
Q4. Which region holds the largest share in the Military Electro-Optical and Infrared (EOIR) Systems market?
North America holds the largest share in the Military Electro-Optical and Infrared (EOIR) Systems market.
Q5. Which are the prominent players in the Military Electro-Optical and Infrared (EOIR) Systems Market?
BAE Systems, Elbit Systems, Lockheed Martin, Raytheon, Thales, CONTROP Precision Technologies, DRS Technologies, General Dynamics, Harris, Israel Aerospace Industries, L-3 Communication, Saab. are some key players in the Military Electro-Optical and Infrared (EOIR) Systems Market.
List of Figures
Figure 1: Global Military Electro-Optical and Infrared (EOIR) Systems Market Revenue Breakdown (USD Billion, %) by Region, 2019 & 2027
Figure 2: Global Military Electro-Optical and Infrared (EOIR) Systems Market Value Share (%), By Segment 1, 2019 & 2027
Figure 3: Global Military Electro-Optical and Infrared (EOIR) Systems Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 4: Global Military Electro-Optical and Infrared (EOIR) Systems Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 5: Global Military Electro-Optical and Infrared (EOIR) Systems Market Value Share (%), By Segment 2, 2019 & 2027
Figure 6: Global Military Electro-Optical and Infrared (EOIR) Systems Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 7: Global Military Electro-Optical and Infrared (EOIR) Systems Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 8: Global Military Electro-Optical and Infrared (EOIR) Systems Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 9: Global Military Electro-Optical and Infrared (EOIR) Systems Market Forecast (USD Billion), by Others, 2016-2027
Figure 10: Global Military Electro-Optical and Infrared (EOIR) Systems Market Value Share (%), By Segment 3, 2019 & 2027
Figure 11: Global Military Electro-Optical and Infrared (EOIR) Systems Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 12: Global Military Electro-Optical and Infrared (EOIR) Systems Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 13: Global Military Electro-Optical and Infrared (EOIR) Systems Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 14: Global Military Electro-Optical and Infrared (EOIR) Systems Market Forecast (USD Billion), by Others, 2016-2027
Figure 15: Global Military Electro-Optical and Infrared (EOIR) Systems Market Value (USD Billion), by Region, 2019 & 2027
Figure 16: North America Military Electro-Optical and Infrared (EOIR) Systems Market Value Share (%), By Segment 1, 2019 & 2027
Figure 17: North America Military Electro-Optical and Infrared (EOIR) Systems Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 18: North America Military Electro-Optical and Infrared (EOIR) Systems Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 19: North America Military Electro-Optical and Infrared (EOIR) Systems Market Value Share (%), By Segment 2, 2019 & 2027
Figure 20: North America Military Electro-Optical and Infrared (EOIR) Systems Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 21: North America Military Electro-Optical and Infrared (EOIR) Systems Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 22: North America Military Electro-Optical and Infrared (EOIR) Systems Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 23: North America Military Electro-Optical and Infrared (EOIR) Systems Market Forecast (USD Billion), by Others, 2016-2027
Figure 24: North America Military Electro-Optical and Infrared (EOIR) Systems Market Value Share (%), By Segment 3, 2019 & 2027
Figure 25: North America Military Electro-Optical and Infrared (EOIR) Systems Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 26: North America Military Electro-Optical and Infrared (EOIR) Systems Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 27: North America Military Electro-Optical and Infrared (EOIR) Systems Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 28: North America Military Electro-Optical and Infrared (EOIR) Systems Market Forecast (USD Billion), by Others, 2016-2027
Figure 29: North America Military Electro-Optical and Infrared (EOIR) Systems Market Forecast (USD Billion), by U.S., 2016-2027
Figure 30: North America Military Electro-Optical and Infrared (EOIR) Systems Market Forecast (USD Billion), by Canada, 2016-2027
Figure 31: Latin America Military Electro-Optical and Infrared (EOIR) Systems Market Value Share (%), By Segment 1, 2019 & 2027
Figure 32: Latin America Military Electro-Optical and Infrared (EOIR) Systems Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 33: Latin America Military Electro-Optical and Infrared (EOIR) Systems Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 34: Latin America Military Electro-Optical and Infrared (EOIR) Systems Market Value Share (%), By Segment 2, 2019 & 2027
Figure 35: Latin America Military Electro-Optical and Infrared (EOIR) Systems Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 36: Latin America Military Electro-Optical and Infrared (EOIR) Systems Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 37: Latin America Military Electro-Optical and Infrared (EOIR) Systems Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 38: Latin America Military Electro-Optical and Infrared (EOIR) Systems Market Forecast (USD Billion), by Others, 2016-2027
Figure 39: Latin America Military Electro-Optical and Infrared (EOIR) Systems Market Value Share (%), By Segment 3, 2019 & 2027
Figure 40: Latin America Military Electro-Optical and Infrared (EOIR) Systems Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 41: Latin America Military Electro-Optical and Infrared (EOIR) Systems Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 42: Latin America Military Electro-Optical and Infrared (EOIR) Systems Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 43: Latin America Military Electro-Optical and Infrared (EOIR) Systems Market Forecast (USD Billion), by Others, 2016-2027
Figure 44: Latin America Military Electro-Optical and Infrared (EOIR) Systems Market Forecast (USD Billion), by Brazil, 2016-2027
Figure 45: Latin America Military Electro-Optical and Infrared (EOIR) Systems Market Forecast (USD Billion), by Mexico, 2016-2027
Figure 46: Latin America Military Electro-Optical and Infrared (EOIR) Systems Market Forecast (USD Billion), by Rest of Latin America, 2016-2027
Figure 47: Europe Military Electro-Optical and Infrared (EOIR) Systems Market Value Share (%), By Segment 1, 2019 & 2027
Figure 48: Europe Military Electro-Optical and Infrared (EOIR) Systems Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 49: Europe Military Electro-Optical and Infrared (EOIR) Systems Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 50: Europe Military Electro-Optical and Infrared (EOIR) Systems Market Value Share (%), By Segment 2, 2019 & 2027
Figure 51: Europe Military Electro-Optical and Infrared (EOIR) Systems Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 52: Europe Military Electro-Optical and Infrared (EOIR) Systems Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 53: Europe Military Electro-Optical and Infrared (EOIR) Systems Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 54: Europe Military Electro-Optical and Infrared (EOIR) Systems Market Forecast (USD Billion), by Others, 2016-2027
Figure 55: Europe Military Electro-Optical and Infrared (EOIR) Systems Market Value Share (%), By Segment 3, 2019 & 2027
Figure 56: Europe Military Electro-Optical and Infrared (EOIR) Systems Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 57: Europe Military Electro-Optical and Infrared (EOIR) Systems Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 58: Europe Military Electro-Optical and Infrared (EOIR) Systems Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 59: Europe Military Electro-Optical and Infrared (EOIR) Systems Market Forecast (USD Billion), by Others, 2016-2027
Figure 60: Europe Military Electro-Optical and Infrared (EOIR) Systems Market Forecast (USD Billion), by U.K., 2016-2027
Figure 61: Europe Military Electro-Optical and Infrared (EOIR) Systems Market Forecast (USD Billion), by Germany, 2016-2027
Figure 62: Europe Military Electro-Optical and Infrared (EOIR) Systems Market Forecast (USD Billion), by France, 2016-2027
Figure 63: Europe Military Electro-Optical and Infrared (EOIR) Systems Market Forecast (USD Billion), by Italy, 2016-2027
Figure 64: Europe Military Electro-Optical and Infrared (EOIR) Systems Market Forecast (USD Billion), by Spain, 2016-2027
Figure 65: Europe Military Electro-Optical and Infrared (EOIR) Systems Market Forecast (USD Billion), by Russia, 2016-2027
Figure 66: Europe Military Electro-Optical and Infrared (EOIR) Systems Market Forecast (USD Billion), by Rest of Europe, 2016-2027
Figure 67: Asia Pacific Military Electro-Optical and Infrared (EOIR) Systems Market Value Share (%), By Segment 1, 2019 & 2027
Figure 68: Asia Pacific Military Electro-Optical and Infrared (EOIR) Systems Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 69: Asia Pacific Military Electro-Optical and Infrared (EOIR) Systems Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 70: Asia Pacific Military Electro-Optical and Infrared (EOIR) Systems Market Value Share (%), By Segment 2, 2019 & 2027
Figure 71: Asia Pacific Military Electro-Optical and Infrared (EOIR) Systems Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 72: Asia Pacific Military Electro-Optical and Infrared (EOIR) Systems Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 73: Asia Pacific Military Electro-Optical and Infrared (EOIR) Systems Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 74: Asia Pacific Military Electro-Optical and Infrared (EOIR) Systems Market Forecast (USD Billion), by Others, 2016-2027
Figure 75: Asia Pacific Military Electro-Optical and Infrared (EOIR) Systems Market Value Share (%), By Segment 3, 2019 & 2027
Figure 76: Asia Pacific Military Electro-Optical and Infrared (EOIR) Systems Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 77: Asia Pacific Military Electro-Optical and Infrared (EOIR) Systems Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 78: Asia Pacific Military Electro-Optical and Infrared (EOIR) Systems Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 79: Asia Pacific Military Electro-Optical and Infrared (EOIR) Systems Market Forecast (USD Billion), by Others, 2016-2027
Figure 80: Asia Pacific Military Electro-Optical and Infrared (EOIR) Systems Market Forecast (USD Billion), by China, 2016-2027
Figure 81: Asia Pacific Military Electro-Optical and Infrared (EOIR) Systems Market Forecast (USD Billion), by India, 2016-2027
Figure 82: Asia Pacific Military Electro-Optical and Infrared (EOIR) Systems Market Forecast (USD Billion), by Japan, 2016-2027
Figure 83: Asia Pacific Military Electro-Optical and Infrared (EOIR) Systems Market Forecast (USD Billion), by Australia, 2016-2027
Figure 84: Asia Pacific Military Electro-Optical and Infrared (EOIR) Systems Market Forecast (USD Billion), by Southeast Asia, 2016-2027
Figure 85: Asia Pacific Military Electro-Optical and Infrared (EOIR) Systems Market Forecast (USD Billion), by Rest of Asia Pacific, 2016-2027
Figure 86: Middle East & Africa Military Electro-Optical and Infrared (EOIR) Systems Market Value Share (%), By Segment 1, 2019 & 2027
Figure 87: Middle East & Africa Military Electro-Optical and Infrared (EOIR) Systems Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 88: Middle East & Africa Military Electro-Optical and Infrared (EOIR) Systems Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 89: Middle East & Africa Military Electro-Optical and Infrared (EOIR) Systems Market Value Share (%), By Segment 2, 2019 & 2027
Figure 90: Middle East & Africa Military Electro-Optical and Infrared (EOIR) Systems Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 91: Middle East & Africa Military Electro-Optical and Infrared (EOIR) Systems Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 92: Middle East & Africa Military Electro-Optical and Infrared (EOIR) Systems Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 93: Middle East & Africa Military Electro-Optical and Infrared (EOIR) Systems Market Forecast (USD Billion), by Others, 2016-2027
Figure 94: Middle East & Africa Military Electro-Optical and Infrared (EOIR) Systems Market Value Share (%), By Segment 3, 2019 & 2027
Figure 95: Middle East & Africa Military Electro-Optical and Infrared (EOIR) Systems Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 96: Middle East & Africa Military Electro-Optical and Infrared (EOIR) Systems Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 97: Middle East & Africa Military Electro-Optical and Infrared (EOIR) Systems Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 98: Middle East & Africa Military Electro-Optical and Infrared (EOIR) Systems Market Forecast (USD Billion), by Others, 2016-2027
Figure 99: Middle East & Africa Military Electro-Optical and Infrared (EOIR) Systems Market Forecast (USD Billion), by GCC, 2016-2027
Figure 100: Middle East & Africa Military Electro-Optical and Infrared (EOIR) Systems Market Forecast (USD Billion), by South Africa, 2016-2027
Figure 101: Middle East & Africa Military Electro-Optical and Infrared (EOIR) Systems Market Forecast (USD Billion), by Rest of Middle East & Africa, 2016-2027
List of Tables
Table 1: Global Military Electro-Optical and Infrared (EOIR) Systems Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 2: Global Military Electro-Optical and Infrared (EOIR) Systems Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 3: Global Military Electro-Optical and Infrared (EOIR) Systems Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 4: Global Military Electro-Optical and Infrared (EOIR) Systems Market Revenue (USD Billion) Forecast, by Region, 2016-2027
Table 5: North America Military Electro-Optical and Infrared (EOIR) Systems Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 6: North America Military Electro-Optical and Infrared (EOIR) Systems Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 7: North America Military Electro-Optical and Infrared (EOIR) Systems Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 8: North America Military Electro-Optical and Infrared (EOIR) Systems Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 9: Europe Military Electro-Optical and Infrared (EOIR) Systems Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 10: Europe Military Electro-Optical and Infrared (EOIR) Systems Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 11: Europe Military Electro-Optical and Infrared (EOIR) Systems Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 12: Europe Military Electro-Optical and Infrared (EOIR) Systems Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 13: Latin America Military Electro-Optical and Infrared (EOIR) Systems Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 14: Latin America Military Electro-Optical and Infrared (EOIR) Systems Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 15: Latin America Military Electro-Optical and Infrared (EOIR) Systems Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 16: Latin America Military Electro-Optical and Infrared (EOIR) Systems Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 17: Asia Pacific Military Electro-Optical and Infrared (EOIR) Systems Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 18: Asia Pacific Military Electro-Optical and Infrared (EOIR) Systems Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 19: Asia Pacific Military Electro-Optical and Infrared (EOIR) Systems Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 20: Asia Pacific Military Electro-Optical and Infrared (EOIR) Systems Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 21: Middle East & Africa Military Electro-Optical and Infrared (EOIR) Systems Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 22: Middle East & Africa Military Electro-Optical and Infrared (EOIR) Systems Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 23: Middle East & Africa Military Electro-Optical and Infrared (EOIR) Systems Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 24: Middle East & Africa Military Electro-Optical and Infrared (EOIR) Systems Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Research Process
Data Library Research are conducted by industry experts who offer insight on
industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager
and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Primary Research
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary Research
Secondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size Estimation
Both, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model