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Global spending on military electro optical and infra-red systems set to reach $8.38bn in 2014
LONDON, UK. 15th August 2014: A new forecast report released today by visiongain, an independent business intelligence provider, indicates that global spending on military electro optical and infra-red systems will reach $8.38bn in 2014.
This analytical 379-page report features 313 charts and details of over 250 industry-related contracts and programmes to produce a comprehensive analysis of the current and future trends within this market. Particular focus is given to understanding the key drivers and restraints that will shape future spending patterns on military EO/IR technologies.
According to the analyst responsible for visiongain’s military EO/IR research: “The growing significance of advanced EO/IR systems within modern military capabilities, and their utility within an increasing diverse array of military operations other than war, will continue to fuel steady levels of growth over the coming decade. This will be further facilitated by technological innovations including more powerful systems in smaller, lighter payloads and the move towards fully digitalised and integrated military systems.”
Military Electro Optical Infra-Red (EO/IR) Systems Market Forecast 2014-2024: Top Companies Enhancing ISR for Ground, Naval, Airborne & UAV Platforms will be of value to current, and future, investors into this industry, as well as to companies and public authorities wishing to broaden their knowledge of the military EO/IR systems market.
For further information concerning visiongain’s Military Electro Optical Infra-Red (EO/IR) Systems Market Forecast 2014-2024: Top Companies Enhancing ISR for Ground, Naval, Airborne & UAV Platforms report please visit: http://www.visiongain.com/
Email: Sara Peerun on sara.peerun@
Tel: +44 (0) 20 7336 6100
Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to sara.peerun@
Visiongain is one of the fastest growing and most innovative independent media companies in Europe. Based in London, UK, visiongain produces a host of business-2-business conferences, newsletters, management reports and e-zines focusing on the Energy, Telecoms, Pharmaceutical, Defence, Materials sectors.
Visiongain publishes reports produced by its in-house analysts, who are qualified experts in their field. Visiongain has firmly established itself as the first port-of-call for the business professional, who needs independent, high quality, original material to rely and depend on.