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EO/IR Special Report: Market overview (video)

12th February 2018 - 12:02 GMT | by The Shephard News Team in London

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The military EO/IR systems market is estimated to be worth around $10 billion and projected to reach $14.2 billion by 2022, at a CAGR of 5.75% from 2016 to 2022

The military EO/IR systems market includes EO equipment providers, including companies such as BAE Systems, Lockheed Martin, Raytheon, Northrop Grumman and Thales Group. Component manufacturers include Controp, IAI, L3 Wescam, Saab, Rheinmetall and Textron Systems, among others.

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