Global and United States Electro Optical Infrared Systems Market

Global and United States Electro-Optical/Infrared (EO/IR) Systems Market Report & Forecast 2023-2029

Global and United States Electro Optical Infrared Systems Market

Global and United States Electro-Optical/Infrared (EO/IR) Systems Market Report & Forecast 2023-2029


Analysis of the Electro-Optical/Infrared (EO/IR) Systems Market reveals emerging trends, consumer adoption rates, and competitive strategies among leading manufacturers worldwide.

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The research time span covered by the report is from 2018 to 2029; it provides an overview of the Global Electro-Optical/Infrared (EO/IR) Systems Market and also provides a deeper in-depth segmentation of the market by regions, product type and downstream industries.

The global Electro-Optical/Infrared (EO/IR) Systems market size in 2022 is 15070.0 million US dollars, and it is expected to be XX million US dollars by 2029, with a compound annual growth rate (CAGR) of 3.70% expected in 2023-2029.


Understanding Competitive Landscape:

The main players in the Electro-Optical/Infrared (EO/IR) Systems market include Raytheon Technologies Corporation, Lockheed Martin Corporation, Thales Group, Northrop Grumman Corporation, and BAE Systems PLC. The share of the top 3 players in the Electro-Optical/Infrared (EO/IR) Systems market is XX%.


REGION SHARE:

The report covers the market size information of North America, Europe, Asia Pacific, Latin America, Middle East and Africa, and North America accounted for XX%, Europe accounted for XX% of Electro-Optical/Infrared (EO/IR) Systems market, and Asia Pacific accounted for XX%.


Segmentation Analysis of the Market:

The report segments the market by Type and Application. Cooled accounted for XX% of Electro-Optical/Infrared (EO/IR) Systems market in 2022. Uncooled share of XX%.

Scanning Sensor accounted for XX% of the Electro-Optical/Infrared (EO/IR) Systems market in 2022. Staring Sensor accounts for XX%.

For competitive landscape, prominent players with considerable market shares are comprehensively analyzed in this report. With information regarding the concentration ratio and detailed data reflecting the market performance of each player shared, the readers can acquire a holistic view of the competitive situation and a better understanding of their competitors.

As the COVID-19 takes over the world, we are continuously tracking the changes in the markets. We analyzed the impact of the pandemic in detail, along with other key factors, such as macro-economy, regional conflicts, industry related news and policies. Meanwhile, market investment scenario, technology status and developments, supply chain challenges, among other essential research elements are all covered.

Key Factors Considered:

COVID-19

The report describes the market scenario during and post the pandemic in the vision of upstream, major market participants, downstream major customers, etc. Other aspects, such as changes in consumer behavior, demand, transport capacity, trade flow under COVID-19, have also been taken into consideration during the process of the research.

Regional Conflict / Russia-Ukraine War

The report also presents the impact of regional conflict on this market in an effort to aid the readers to understand how the market has been adversely influenced and how it's going to evolve in the years to come.

Challenges & Opportunities

Factors that may help create opportunities and boost profits for market players, as well as challenges that may restrain or even pose a threat to the development of the players, are revealed in the report, which can shed a light on strategic decisions and implementation.

Automation in aerospace industry

Automation is currently being used in the aerospace industry to support the productivity of workers and reduce the need to perform repetitive tasks such as drilling and backfilling. However, as the demand for new aircraft continues to exceed the supply of manufacturing, the demand for automation is still great.

Automation can be used to improve safety, productivity and human value. Tools with built-in guidance, user information and better manageability can provide competitive advantages in cost saving and a better working environment. In some cases, dangerous steps can be fully automated to reduce workplace accidents and maintain production deadlines. In these cases, automation provides a control system or computer connected to the program, telling it to perform a series of tasks with little or no human intervention.


On The Basis of Regions, The Report Has Segmented the Market into The Following Key Regions:

North America

United States

Canada

Europe

Germany

France

UK

Italy

Russia

Asia Pacific

China

Japan

South Korea

India

Southeast Asia

Australia

Latin America

Brazil

Argentina

Mexico

MEA

Saudi Arabia

UAE

Turkey


Key Players Driving the Market:

Raytheon Technologies Corporation

Lockheed Martin Corporation

Thales Group

Northrop Grumman Corporation

BAE Systems PLC

Rheinmetall AG

L3Harris Technologies, Inc.

Others


By Product Type, the market is primarily segmented into:

Cooled

Uncooled


By Applications, the market is segmented into:

Scanning Sensor

Staring Sensor

Table of Content

1 Study Coverage

1.1 Electro-Optical/Infrared (EO/IR) Systems Product Introduction

1.2 Global Electro-Optical/Infrared (EO/IR) Systems Outlook 2018 VS 2023 VS 2029

1.3 United States Electro-Optical/Infrared (EO/IR) Systems Outlook 2018 VS 2023 VS 2029

1.4 Electro-Optical/Infrared (EO/IR) Systems Market Size, United States VS Global, 2018-2029

1.4.1 The Market Share of United States Electro-Optical/Infrared (EO/IR) Systems in Global, 2018-2029

1.4.2 The Growth Rate of Electro-Optical/Infrared (EO/IR) Systems Market Size, United States VS Global, 2018 VS 2023 VS 2029

1.5 Electro-Optical/Infrared (EO/IR) Systems Market Dynamics

1.5.1 Electro-Optical/Infrared (EO/IR) Systems Market Trends

1.5.2 Electro-Optical/Infrared (EO/IR) Systems Market Drivers

1.5.3 Electro-Optical/Infrared (EO/IR) Systems Market Challenges

1.5.4 Electro-Optical/Infrared (EO/IR) Systems Market Restraints

1.6 Study Objectives

1.7 Years Considered

1.8 Coronavirus Disease (COVID-19) Impact on Global

2 Global Electro-Optical/Infrared (EO/IR) Systems Competitor Landscape by Company

2.1 Global Electro-Optical/Infrared (EO/IR) Systems Market Size by Company

2.1.1 Top Global Electro-Optical/Infrared (EO/IR) Systems Player Ranked by Revenue (2023)

2.1.2 Global Electro-Optical/Infrared (EO/IR) Systems Revenue by Player (2018-2023)

2.2 Global Electro-Optical/Infrared (EO/IR) Systems Concentration Ratio (CR)

2.2.1 Electro-Optical/Infrared (EO/IR) Systems Market Concentration Ratio (CR) (2018-2023)

2.2.2 Global Top 3 and Top 6 Largest Players of Electro-Optical/Infrared (EO/IR) Systems in 2023

2.3 Global Electro-Optical/Infrared (EO/IR) Systems Business Distribution, Business Type

2.3.1 Global Electro-Optical/Infrared (EO/IR) Systems Players, Headquarters and Distribution

2.3.2 Players Electro-Optical/Infrared (EO/IR) Systems Business Type

2.3.3 Date of International Players Enter into Electro-Optical/Infrared (EO/IR) Systems Market

2.4 Players Mergers & Acquisitions, Expansion Plans

2.5 United States Electro-Optical/Infrared (EO/IR) Systems Market Size by Company

2.5.1 Top United States Electro-Optical/Infrared (EO/IR) Systems Player s Ranked by Revenue (2023)

2.5.2 United States Electro-Optical/Infrared (EO/IR) Systems Revenue by Player (2018-2023)

3 Electro-Optical/Infrared (EO/IR) Systems Market Segment by Type

3.1 Electro-Optical/Infrared (EO/IR) Systems Market Segment by Type

3.2 Global Electro-Optical/Infrared (EO/IR) Systems Market Size by Type

3.3 United States Electro-Optical/Infrared (EO/IR) Systems Market Size by Type

4 Electro-Optical/Infrared (EO/IR) Systems by Market Segment Application

4.1 Electro-Optical/Infrared (EO/IR) Systems Market Segment by Application

4.2 Global Electro-Optical/Infrared (EO/IR) Systems Market Size by Application

4.3 United States Electro-Optical/Infrared (EO/IR) Systems Market Size by Application

5 Global Electro-Optical/Infrared (EO/IR) Systems Market Size by Region

5.1 Global Electro-Optical/Infrared (EO/IR) Systems Market Size by Region: 2018 VS 2023 VS 2029

5.2 Global Electro-Optical/Infrared (EO/IR) Systems Market Size in Value by Region (2018-2029)

5.2.1 Global Electro-Optical/Infrared (EO/IR) Systems Revenue by Region: 2018-2023

5.2.2 Global Electro-Optical/Infrared (EO/IR) Systems Revenue by Region: 2023-2029

6 Segment in Regional Level & Country Level

6.1 North America

6.1.1 North America Electro-Optical/Infrared (EO/IR) Systems Market Size YoY Growth 2018-2029

6.1.2 North America Electro-Optical/Infrared (EO/IR) Systems Market Facts & Figures by Country (2018-2029)

6.1.3 U.S.

6.1.4 Canada

6.2 Asia Pacific

6.2.1 Asia Pacific Electro-Optical/Infrared (EO/IR) Systems Market Size YoY Growth 2018-2029

6.2.2 Asia Pacific Electro-Optical/Infrared (EO/IR) Systems Market Facts & Figures by Country (2018-2029)

6.2.3 China

6.2.4 Japan

6.2.5 South Korea

6.2.6 India

6.2.7 Australia

6.2.8 Southeast Asia

6.3 Europe

6.3.1 Europe Electro-Optical/Infrared (EO/IR) Systems Market Size YoY Growth 2018-2029

6.3.2 Europe Electro-Optical/Infrared (EO/IR) Systems Market Facts & Figures by Country (2018-2029)

6.3.3 Germany

6.3.4 France

6.3.5 UK

6.3.6 Italy

6.3.7 Russia

6.4 Latin America

6.4.1 Latin America Electro-Optical/Infrared (EO/IR) Systems Market Size YoY Growth 2018-2029

6.4.2 Latin America Electro-Optical/Infrared (EO/IR) Systems Market Facts & Figures by Country (2018-2029)

6.4.3 Mexico

6.4.4 Brazil

6.4.5 Argentina

6.5 Middle East and Africa

6.5.1 Middle East and Africa Electro-Optical/Infrared (EO/IR) Systems Market Size YoY Growth 2018-2029

6.5.2 Middle East and Africa Electro-Optical/Infrared (EO/IR) Systems Market Facts & Figures by Country (2018-2029)

6.5.3 Turkey

6.5.4 Saudi Arabia

6.5.5 UAE

7 Company Profiles

7.1 Raytheon Technologies Corporation

7.1.1 Company Details

7.1.2 Description and Business Overview

7.1.3 Electro-Optical/Infrared (EO/IR) Systems Introduction

7.1.4 Raytheon Technologies Corporation Electro-Optical/Infrared (EO/IR) Systems Revenue, Gross, and Gross Margin (2018-2023)

7.1.5 Raytheon Technologies Corporation Recent Development

7.2 Lockheed Martin Corporation

7.2.1 Company Details

7.2.2 Description and Business Overview

7.2.3 Electro-Optical/Infrared (EO/IR) Systems Introduction

7.2.4 Lockheed Martin Corporation Electro-Optical/Infrared (EO/IR) Systems Revenue, Gross, and Gross Margin (2018-2023)

7.2.5 Lockheed Martin Corporation Recent Development

7.3 Thales Group

7.3.1 Company Details

7.3.2 Description and Business Overview

7.3.3 Electro-Optical/Infrared (EO/IR) Systems Introduction

7.3.4 Thales Group Electro-Optical/Infrared (EO/IR) Systems Revenue, Gross, and Gross Margin (2018-2023)

7.3.5 Thales Group Recent Development

7.4 Northrop Grumman Corporation

7.4.1 Company Details

7.4.2 Description and Business Overview

7.4.3 Electro-Optical/Infrared (EO/IR) Systems Introduction

7.4.4 Northrop Grumman Corporation Electro-Optical/Infrared (EO/IR) Systems Revenue, Gross, and Gross Margin (2018-2023)

7.4.5 Northrop Grumman Corporation Recent Development

7.5 BAE Systems PLC

7.5.1 Company Details

7.5.2 Description and Business Overview

7.5.3 Electro-Optical/Infrared (EO/IR) Systems Introduction

7.5.4 BAE Systems PLC Electro-Optical/Infrared (EO/IR) Systems Revenue, Gross, and Gross Margin (2018-2023)

7.5.5 BAE Systems PLC Recent Development

7.6 Rheinmetall AG

7.6.1 Company Details

7.6.2 Description and Business Overview

7.6.3 Electro-Optical/Infrared (EO/IR) Systems Introduction

7.6.4 Rheinmetall AG Electro-Optical/Infrared (EO/IR) Systems Revenue, Gross, and Gross Margin (2018-2023)

7.6.5 Rheinmetall AG Recent Development

7.7 L3Harris Technologies, Inc.

7.7.1 Company Details

7.7.2 Description and Business Overview

7.7.3 Electro-Optical/Infrared (EO/IR) Systems Introduction

7.7.4 L3Harris Technologies, Inc. Electro-Optical/Infrared (EO/IR) Systems Revenue, Gross, and Gross Margin (2018-2023)

7.7.5 L3Harris Technologies, Inc. Recent Development

7.8 Others

7.8.1 Company Details

7.8.2 Description and Business Overview

7.8.3 Electro-Optical/Infrared (EO/IR) Systems Introduction

7.8.4 Others Electro-Optical/Infrared (EO/IR) Systems Revenue, Gross, and Gross Margin (2018-2023)

7.8.5 Others Recent Development

8 Value Chain and Sales Channels Analysis

8.1 Electro-Optical/Infrared (EO/IR) Systems Value Chain Analysis

8.2 Electro-Optical/Infrared (EO/IR) Systems Customers

9 Research Findings and Conclusion

10 Methodology and Data Source

10.1 Methodology

10.1.1 Research Process

10.1.2 Market Size Estimation

10.1.3 Market Breakdown and Data Triangulation

10.2 Data Source

10.2.1 Legal Disclaimer

Tables & Figures:
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Research Methodology:
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.
Electro-Optical/Infrared (EO/IR) Systems Market Size Estimation

To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.

Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.

Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.

We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.

Data Source

Secondary Sources

This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.

These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.

Market Size
  • Segmental value
  • Geographic Penetration
  • Product Adoption Rate for Different market
  • Journals, Websites, and Press Releases
  • Annual Reports and SEC Filings
  • Company Websites and Press Releases
  • Public and Paid Databases
  • Market Intellix Data Repository
Market Position of Top Company
  • Product Financials
  • Geographic value Mix
  • Total Company value
  • Business/Segmental value Mix
Qualitative Analysis
  • Influence Factors
  • Market Potential
  • Market Risks and Opportunities
  • Industry Trends
  • Geographical Features
  • Government Policies
  • Company Websites and Press Releases
  • Public and Paid Databases
  • Annual Reports
  • Industry Associations
  • Market Intellix Data Repository

Primary Sources

As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.

On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.

These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.

Key Data Information from Primary Sources

Primary Sources Parameters Key Data
Market Segments(by Application, by Type)
  • Value by Type
  • Status and Forecast
  • Value by Application
  • Value by Regions, Status and Forecast (2025-2031)
  • Value Market Share by Type
  • Value Growth Rate by Type
  • Value by Application
  • Percentage and Growth Rate by Application
  • Value Growth Rate and Market Share by Regions
  • Market Size Status and Forecast (2025-2031)
Total Market
  • Overall Size, Status and Forecast
  • Market Size Status and Forecast (2025-2031)
Frequently asked questions(FAQ's):
What trends are influencing the growth of the Electro-Optical/Infrared (EO/IR) Systems Market?
New players are entering the Electro-Optical/Infrared (EO/IR) Systems Market, while established companies are changing their business models and strategies. This pattern is likely to continue for the foreseeable future.
What is the anticipated growth rate for the Electro-Optical/Infrared (EO/IR) Systems Market?
During the projected year from 2025 to 2030, the Electro-Optical/Infrared (EO/IR) Systems Market is expected to grow at a CAGR of xx%.
What does the future hold for the Electro-Optical/Infrared (EO/IR) Systems Market?
As the shift to value addition continues, companies in the Electro-Optical/Infrared (EO/IR) Systems Market face the dual challenge of improving interoperability to optimize performance and experience.
What is the estimated global market value of the Electro-Optical/Infrared (EO/IR) Systems Market?
The Electro-Optical/Infrared (EO/IR) Systems Market is expected to reach a considerable market valuation.