“Sharp Eyes in the Sky”

Vayu Aerospace and Defence - - Aviation Defence & Inindia -

says Kar. Ac­cord­ing to SDI, tech­no­log­i­cal in­no­va­tions are also re­spon­si­ble for the wide­spread in­cor­po­ra­tion of EO/IR sys­tems. New ver­sions of EO/IR sys­tems pro­vide higher-res­o­lu­tion images, while si­mul­ta­ne­ously re­duc­ing size and power con­sump­tion so that more cam­eras can be used on plat­forms that are less ex­pen­sive. “This is also one of the ma­jor rea­sons why EO/IR sys­tems – once only avail­able to elite Spe­cial Forces – are now preva­lent in reg­u­lar army units,” adds Kar.

In an­other fore­cast, the mil­i­tary elec­tro- op­tics/ in­frared sys­tems mar­ket was es­ti­mated to be USD 10.15 bil­lion in 2016 and is pro­jected to reach USD 14.20 bil­lion by 2022, at a CAGR of 5.75% from 2016 to 2022. The ob­jec­tives of this study were to an­a­lyse the mil­i­tary elec­troop­tics/in­frared sys­tems mar­ket, along with sta­tis­tics from 2016 to 2022 as well as to de­fine, de­scribe, and fore­cast the mil­i­tary elec­tro-op­tics/in­frared sys­tems mar­ket on the ba­sis of plat­form, sys­tem, tech­nol­ogy, sen­sor tech­nol­ogy, imag­ing tech­nol­ogy, and re­gion.

The mil­i­tary elec­tro- op­tics/ in­frared sys­tems ecosys­tem in­cludes elec­tro-op­tics equip­ment providers such as Lock­heed Martin Cor­po­ra­tion ( US), Northrop Grum­man Cor­po­ra­tion (US), BAE Sys­tems Plc. (UK), The Raytheon Com­pany (US), and Thales Group (France), among others. Com­po­nent man­u­fac­tur­ers in this mar­ket in­clude L-3 Com­mu­ni­ca­tions Hold­ings, Inc. (US), Saab AB (Swe­den), Rock­well

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