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The Military Electro Optical Infrared (EO/IR) Systems Market 2013-2023

Increased importance of intelligence & surveillance to drive global military EO/IR systems market


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2014-03-20 16:29:01 - The Military Electro Optical Infrared (EO/IR) Systems Market 2013-2023 - a new market research report on companiesandmarkets.com

The global military electro optical and infrared systems market will reach a value of $8.19bn in 2013. The increasing sophistication of electro optical and infrared technology has resulted in the development of powerful, lightweight and cost-effective systems that offer a range of mission critical capabilities.The experiences in Afghanistan and Iraq have demonstrated these vital battlefield and operational capabilities provided by electro optical and infrared systems. Furthermore, the importance of intelligence, surveillance and reconnaissance to modern military operations, counter-terrorism, border protection and homeland security will continue to drive substantial investment in the market.

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