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The Global Military Simulation and Virtual Training Market 2015–2025 Single Copy Price: $4,800

The Global Military EO/IR Systems Market

2015–2025

Reference Code: DF0064SR

Published: April 2015

Report Price: US$ 4,800 (Single Copy)


Summary

“The Global Military EO/IR Market 2015–2025” report offers the reader detailed analysis of the global military

EO/IR systems market over the next ten years, alongside potential market opportunities to enter the industry,

using detailed market size forecasts.

The global Military EO/IR programs market is expected to value US$XX billion in 2015 and increase at a

CAGR of XX% to reach US$XX billion by 2025. The market consists of three categories: airborne, ground,

and naval based systems. Airborne systems are expected to account for XX% of the global military EO/IR

market, followed by ground based systems and naval systems with shares of XX% and XX% each. Over the

forecast period, the cumulative global expenditure on military EO/IR systems is expected to reach US$XX

billion.

“The Global EO/IR Systems Market 2015–2025” provides detailed analysis of the current industry size and

growth expectations from 2015 to 2025, including highlights of key growth stimulators. It also benchmarks the

industry against key global markets and provides a detailed understanding of emerging opportunities in

specific areas.

Key Findings

The global military EO/IR systems market is expected to value US$XX billion in 2015 and is expected to

increase to US$XX billion by 2025, representing a CAGR of XX% during the forecast period. The global

market is expected to achieve a cumulative value of US$XX billion during the forecast period. Demand for

such systems is anticipated to be driven by rapid technological advancements in the domain and the growing

need of intelligence, surveillance and reconnaissance (ISR) capabilities in militaries globally. The military

EO/IR Systems market is expected to be dominated by North America, followed by Asia-Pacific and Europe.

Modern warfare places a greater emphasis on information superiority and situational awareness and this is

expected to be a major factor driving spending in this sector. This theory is further supported by the

increasing investment of most major militaries across the world which focuses on acquiring EO/IR Systems

for airborne, ground based and naval platforms.

Key Features and Benefits

The report provides detailed analysis of the Military EO/IR Systems market during 2015–2025, including the

factors that influence why countries are investing or cutting expenditure on such systems. It provides detailed

expectations of growth rates and projected total expenditure. The report will also provide a deep qualitative

analysis of the global military EO/IR sector covering sections including demand drivers, SWOT, industry

trends, latest technological developments, among others. The major programs section will inform the user

about programs being undertaken within the global military EO/IR systems market in different segments.

Although North America is expected to witness defense budget cuts during the forecast period, the region’s

expenditure on military EO/IR Systems is expected to account for a XX% majority share of global spending

during the forecast period. The Asia-Pacific region is anticipated to emerge as the second largest market, with

most major militaries in the region formulating large scale procurement programs for the purchase of airborne,

naval, and ground based platforms which widely incorporate the use of EO/IR Systems. Europe is anticipated

to emerge as another important market for military EO/IR Systems, with a major portion of the spending

attributable to Russia, the UK, and France.


1 Global EO/IR systems Market Size and Drivers

1.1 EO/IR systems Market Size and Forecast 2015–2025

1.1.1 Global military electro optical infrared (EO/IR) systems market to show positive growth during the

forecast period

The global military EO/IR Systems market is estimated to value US$XX billion in 2015, and increase at a

CAGR of XX% during the forecast period, to reach its peak of US$XX billion by 2025. The market consists of

three categories: airborne, naval, and ground based EO/IR Systems. The airborne segment is expected to

account for XX% of the global EO/IR Systems market, followed by the ground segment with a share of XX%.

Naval EO/IR Systems are expected to account for the remaining XX% of the market. During the forecast

period, the cumulative global expenditure on military EO/IR Systems is expected to reach US$XX billion.

The chart below shows the expected EO/IR systems market value during 2015–2025:

Figure 1: Global EO/IR Systems Market (US$ Billion), 2015–2025

Source: SDI analysis © SDI

0.0

2.0

4.0

6.0

8.0

10.0

12.0

14.0

16.0

2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025

US

$ B

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1.2 Global EO/IR Systems Market – Regional Analysis

1.2.1 North America is expected to lead the global Military EO/IR market

North America has historically been the dominant market for electro-optical infrared sensors and is expected

to retain its leading position over the next decade. The US, which comprises a large majority of the region’s

overall investment on electro-optical systems, is expected to continue to invest robustly on military

procurements, including aircraft, helicopters, armored vehicles, naval vessels, UAVs and submarines, which in

turn will drive the demand for related EO/IR systems. With a global share of XX%, the massive spending of the

US on EO/IR systems is expected to outpace any other region in the world during the forecast period. With a

cumulative expenditure of US$XX billion, the country is expected to grow at a CAGR of XX% during 2015 to

2025. Canada, which is the other market in North America, lags significantly behind with a total spending of

US$XX billion. Overall, the North American market is projected to grow at a CAGR of XX%, from US$XX

billion in 2015 to reach US$XX billion by 2025.

The North American market will be followed by the Asia Pacific and Europe with a total cumulative spending of

US$XX billion and US$XX billion respectively. Spending in the Middle East is expected to value US$XX million

in 2015 which is expected to grow at a CAGR of XX% to reach US$XX million in 2025. Latin America and

Africa are expected to register CAGRs of XX% and XX% respectively. Latin America and Africa cumulatively

account for US$XX billion of global expenditure on EO/IR systems over the forecast period.

The table below gives a brief overview of the global EO/IR systems market:

Table 1: Global EO/IR systems Market Overview

Region Market in 2015 Market in 2025 Total Market (2015–2025)

Annualized growth/decline

(2015–2025)

Asia-Pacific US$XX billion US$XX billion US$XX billion XX%

North America US$XX billion US$XX billion US$XX billion XX%

Europe US$XX billion US$XX billion US$XX billion XX%

Middle East US$XX billion US$XX billion US$XX billion XX%

Latin America US$XX billion US$XX billion US$XX billion XX%

Africa US$XX billion US$XX billion US$XX billion XX%

Total EO/IR Systems Market US$XX billion US$XX billion US$XX billion XX%



The following chart shows the regional breakdown of the global EO/IR systems market:

Figure 2: EO/IR Systems Market Breakdown by Region (%), 2015–2025


0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025

North America Asia Pacific Europe Africa Middle East Latin America


2 SWOT Analysis of the EO/IR systems Market

Table 2: SWOT Analysis of the EO/IR systems market

Source: SDI Analysis © SDI

Strengths

Weaknesses

Opportunities

Threats


3 Country Analysis – EO/IR systems Market

3.1 United States Market Size and Forecast 2015–2025

The US will continue to dominate the global electro optical infrared (EOIR) market during the forecast period

with a total projected spending of US$XX billion. Capable of delivering advanced intelligence gathering and

surveillance capabilities, Military Electro Optical Infrared (EO/IR) systems have become an integral component

for the US military. Despite the recent economic slowdown and the consequent governmental budget cuts, the

US is expected to invest robustly on EO/IR systems over the next decade. The spending in this sector will

largely be driven by major procurement programs of the country in several sectors, which include aircraft,

helicopters, armored vehicles, submarines, and naval vessels.

Over the next decade, the US EO/IR market will be dominated by airborne systems, with a share of XX%.

Under this sector, the country is expected to procure EO/IR systems to be installed in its military aircraft fleets,

such as the F-35 Fighter, KC-46A aerial refueling tankers, V-22 Osprey, and the E-2D Hawkeye; military

helicopters, such as CH-53K King Stallion, CH-47F Chinook, UH-60 Black Hawk, and AH-64E Apache; and

UAVs, which include Global Hawk, UCLASS, Grey Eagle, and MQ-8C Fire Scout. Ground based EO/IR

systems will be the second largest sector with a share of XX% during the forecast period and will mainly

include procurements for armored vehicles and soldier modernization programs. Spending on naval EO/IR

systems is expected to constitute a share of XX% over the forecast period. Investments in this sector will be

directed at procuring EO/IR systems for Littoral Combat Ships, DDG-1000 destroyers, and CVN-78 aircraft

carriers among others. The US market for EO/IR systems is projected to value US$XX billion in 2015, growing

at a CAGR of XX% to reach US$XX billion in 2025.

The table below gives a brief overview of the US EO/IR systems market:

Table 3: US EO/IR systems Market Overview

Category Market in 2015 Market in 2025 Total Market (2015–2025)

Annualized growth/decline

(2015–2025)

Airborne US$XX million US$XX billion US$XX billion XX%

Ground US$XX million US$XX billion US$XX billion XX%

Naval US$XX million US$XX billion US$XX billion XX%

Total Military Electro Optical Infrared (EO/IR) systems market

US$XX million US$XX billion US$XX billion XX%



The chart below shows the EO/IR systems market size in the US between 2015 and 2025:

Figure 3: EO/IR systems Market in the US (US$ Billion), 2015–2025


0

1

1

2

2

3

3

4

4

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2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025

US

$ B

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The table below shows the key US EO/IR systems programs:

Table 4: Key EO/IR systems programs

Program/Equipment Name

Equipment Type Quantity Procured

Supplier/Country Delivery Period Total Contract

Value

Electro Optical

Systems - F-35 Joint

Strike Fighter (JSF)

Airborne NA US 2007-2037 US$XX billion

Multispectral targeting

system (MTS)-B

Program

Airborne NA US 2013-2014 US$XX million

Sensors and

detection systems for

Medium-Range

Maritime Unmanned

Aerial Systems

(MRUAS) / Blue Devil

II

Airborne NA US 2015-2025 US$XX billion

Scorpion Unattended

Ground Sensor (UGS)

systems

Ground NA US 2015-2025 US$XX million

EO-IR Night Vision

Devices Ground NA US 2013-2015 US$XX billion

L-3 KEO Electro-optic

systems - DDG-51

Flight – III

Navy NA US 2018-2031 US$XX million



The following chart shows the category break–up of the EO/IR systems market in the US from 2015–2025:

Figure 4: EO/IR systems Market Split By Category in the US (%), 2015–2025


0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025

Airborne Ground Naval


Report Methodology

Strategic Defense Intelligence (SDI) dedicated research and analysis teams consist of experienced

professionals with a background in industry research and consulting in the defense sector. The market size is

derived by consolidating ongoing procurement programs, modernization initiatives, and future procurement

plans, utilizing information gathered through primary and secondary sources. Forecasting is conducted based

on the lifetime of current inventory levels, suitability/need of the weapon category for a specific country, budget

availability, and opinion of leading industry experts. The following research methodology is followed for all

databases and reports.

Secondary Research

The research process begins with exhaustive secondary research to source reliable qualitative and

quantitative information related to the Military EO/IR market. The secondary research sources that are typically

referred to include, but are not limited to:

Globally renowned think tanks

Industry associations

National government documents and statistical databases

Company websites, annual reports, financial reports, broker reports, and investor presentations

Industry trade journals and other literature

Internal and external proprietary databases

News articles, press releases, and webcasts specific to the companies operating in the market

Primary Research

SDI conducts hundreds of primary interviews a year with industry participants and commentators in order to

validate its data and analysis. A typical research interview fulfils the following functions:

Provides first-hand information on market size, market trends, growth trends, competitive landscape,

and future outlook.

Helps to validate and strengthen secondary research findings.

Further develops the analyses team’s expertise and market understanding.

The participants who typically take part in such a process include, but are not limited to:

Industry participants: CEOs, VPs, business development managers, market intelligence managers,

and national sales managers.

External experts: investment bankers, valuation experts, research analysts, and key opinion leaders

specializing in defense markets.


Conventions

Currency conversions are performed on the basis of average annual conversion rate format

calculations.

All the values in tables, with the exception of compounded annual growth rate (CAGR) and

compounded annual rate of change (CARC) are displayed to one decimal place. Growth rates may,

therefore, appear inconsistent with absolute values due to this rounding method.

Related Reports

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The Global Electronic Warfare (EW) Market 2014-2024

The Global Cyber security Market 2014-2024


TABLE OF CONTENTS

1 Introduction ......................................................................................................................... 11

1.1 What is this Report About? ............................................................................................................. 11

1.2 Definitions ...................................................................................................................................... 11

1.3 Summary Methodology ................................................................................................................... 13

1.4 About Strategic Defence Intelligence .............................................................................................. 14

2 Executive Summary ............................................................................................................ 15

3 Global Military Electro Optical Infrared (EO/IR) Systems Market Size and Drivers ...... 17

3.1 Military Electro Optical Infrared (EO/IR) Systems Market Size and Forecast 2015–2025 ............... 17

3.1.1 Global military electro optical infrared (EO/IR) systems market to show positive growth during the forecast

period 17

3.2 Global Military Electro Optical Infrared (EO/IR) Systems Market – Regional Analysis .................... 18

3.2.1 North America to drive the demand for the military EO/IR Systems market over the forecast period ......18

3.2.2 The US will lead the global expenditure on Military Electro Optical Infrared Systems .............................20

3.2.3 Military EO/IR systems market to be robust in Europe .............................................................................22

3.2.4 Military Electro Optical Infrared Systems market to exhibit a CAGR of XX% in the Asia-Pacific region ..24

3.2.5 Spending in the Middle East is expected to be driven by an increased focus on ISR capabilities ...........26

3.2.6 The Military Electro Optical Infrared Systems Market in Latin America expected to register a moderate to

strong growth over the forecast period ..................................................................................................................28

3.2.7 Markets in Africa expected to increase over the forecast period ..............................................................30

3.3 Military Electro Optical Infrared (EO/IR) Systems Sub–Sector Market Size Composition ................ 31

3.3.1 Airborne systems to constitute nearly XX% of the military electro optical infrared (EO/IR) systems market

31

3.3.2 Airborne EO/IR Systems to form the largest market segment over the forecast period ...........................33

3.3.3 Ground-based EO/IR Systems to witness sustained investment throughout the forecast period ............35

3.3.4 Investment in Naval EO/IR Systems to grow at a CAGR of XX% over the forecast period .....................37

3.4 Demand Drivers and Growth Stimulators ........................................................................................ 39

3.4.1 Growing need for surveillance and combat capabilities to drive demand for EO/IR Systems ..................39

3.4.2 Rapid technological advancements to drive the EO/IR market.................................................................39

3.4.3 Global need to shorten mission cycle time to fuel EO/IR demand ............................................................39

3.5 Defense Budget Spending Review ................................................................................................. 40

3.5.1 North American defense expenditure projected to decline marginally during the forecast period............40

3.5.2 Asian defense budgets expected to increase at a robust pace ................................................................41

3.5.3 European capital expenditure expected to increase during the forecast period .......................................42

3.5.4 Modernization programs likely to drive defense expenditure in Latin American countries .......................43

3.5.5 Defense budgets of Middle Eastern countries likely to increase during the forecast period ....................44

3.5.6 Military budgets of African countries expected to increase during the forecast period .............................45


3.6 Defense Modernization Review ...................................................................................................... 46

3.6.1 Financial constraints causing delays in European defense modernization programs ..............................46

3.6.2 Defense budgets of Asian countries likely to be driven by competitive arms acquisitions .......................46

3.6.3 Global economic slowdown leading to defense budget cuts in the North American region .....................47

3.6.4 Need to replace aging equipment driving South American defense expenditure .....................................47

3.6.5 Security threats increasing the defense budget of African countries ........................................................47

3.6.6 Demand for air defense systems is likely to increase in the Middle East .................................................48

4 Industry Trends, Recent Developments and Challenges ................................................. 49

4.1 Technological Developments .......................................................................................................... 49

4.1.1 New technologies to boost development in night vision goggles ..............................................................49

4.1.2 Hyper spectral sensor payloads to provide enhanced monitoring and detection capabilities ..................49

4.1.3 Strained-Layer-Superlattice Infrared Camera for UAV Payloads..............................................................50

4.1.4 New precision targeting system to increase accuracy of threat detection and response capabilities ......50

4.2 Market Trends ................................................................................................................................ 51

4.2.1 Development of new software applications compatible with EO/IR Systems ...........................................51

4.2.2 The market is currently witnessing a shift from the procurement of conventional UAVs to Mini, Micro and

Nano UAVs, thus resulting in the procurement of related EO/IR Systems ...........................................................51

4.2.3 Electro-optical systems becoming extremely popular with ground forces ................................................52

4.3 Industry Consolidation .................................................................................................................... 53

4.3.1 Joint ventures expected to increase over the forecast period...................................................................53

4.3.2 Companies making acquisitions in the EO/IR Systems segment to harness the significant opportunities53

4.4 Key Challenges .............................................................................................................................. 55

4.4.1 Austerity measures slowing down procurements ......................................................................................55

4.4.2 Miniaturization is becoming a major challenge for the industry ................................................................55

5 SWOT Analysis of the Military Electro Optical Infrared Systems Market ...................... 56

5.1 Strengths ........................................................................................................................................ 57

5.1.1 Increasing demand for intelligence, surveillance and reconnaissance (ISR) capabilities ........................57

5.1.2 Increasing use of unmanned platforms necessitating large scale EO/IR system integration ...................57

5.1.3 Global increase in demand instigated by technological innovations .........................................................58

5.1.4 Reforms in defense spending to favor EO/IR Systems .............................................................................58

5.2 Weaknesses ................................................................................................................................... 59

5.2.1 EO/IR systems require strong hardware support ......................................................................................59

5.2.2 High entry barriers to new entrants in the EO/IR systems market ............................................................59

5.3 Opportunities .................................................................................................................................. 60

5.3.1 Growing demand for UAVs to have a favorable impact on the market for EO/IR Systems ......................60

5.3.2 Interoperability issues to provide new avenues of growth for EO/IR Systems .........................................60

5.3.3 Rapid technological innovations in the sector to deliver new capabilities and hence push demand ........61


5.3.4 Increasing adoption of EO/IR technologies into the individual soldier’s gear ...........................................61

5.4 Threats ........................................................................................................................................... 62

5.4.1 US and European economic crisis ............................................................................................................62

5.4.2 Withdrawal of coalition forces an impediment to the UAV payload market growth...................................62

6 Country Analysis – Military Electro Optical Infrared Systems Market ............................ 63

6.1 United States Market Size and Forecast 2015–2025 ...................................................................... 63

6.1.1 Airborne electro-optical systems expected to be the largest spend category in the US ...........................66

6.1.2 Demand for ground based electro-optical systems expected to increase at a CAGR of XX% over the

forecast period .......................................................................................................................................................68

6.1.3 Naval Electro-Optical Systems expected to constitute the third-largest market share in the US .............70

6.2 Russian Market Size and Forecast 2015–2025 .............................................................................. 72

6.2.1 Airborne EO/IR Systems to emerge as the largest segment of expenditure by Russia in the sector.......75

6.2.2 Market for ground based EO/IR Systems to grow at a CAGR of XX% over the forecast period ..............77

6.2.3 Naval EO/IR Systems to account for the third largest segment of expenditure for Russia ......................79

6.3 The United Kingdom Market Size and Forecast 2015–2025 ........................................................... 80

6.3.1 Airborne EO/IR segment in the UK to witness highest spending during the forecast period ....................83

6.3.2 Ground based EO/IR Systems to account for the second largest segment of expenditure in the UK......85

6.3.3 Naval EO/IR Systems market to account for the third largest segment of expenditure by the UK ...........86

6.4 French Market Size and Forecast 2015–2025 ................................................................................ 87

6.4.1 Airborne EO/IR Systems to account for the largest segment of expenditure over the forecast period ....90

6.4.2 Ground based EO/IR Systems to grow in conjunction with armored vehicle buys ...................................92

6.4.3 Naval EO/IR Systems segment to account for the second largest segment ............................................93

6.5 Chinese Market Size and Forecast 2015–2025 .............................................................................. 94

6.5.1 China’s airborne EO/IR Systems market to witness the highest spending ...............................................97

6.5.2 Ground-based EO/IR Systems market to constitute the second largest spending ...................................99

6.5.3 Naval EO/IR Systems market to register highest CAGR of XX% over the forecast period ....................100

6.6 Indian Market Size and Forecast 2015–2025................................................................................ 102

6.6.1 Airborne EO/IR Systems are expected to account for the largest segment of expenditure ...................105

6.6.2 Ground-based EO/IR Systems market to constitute the second largest spending .................................107

6.6.3 Spending on naval EO/IR Systems expected to exhibit a CAGR of XX% during the forecast period ....109

6.7 Australian Market Size and Forecast 2015–2025 ......................................................................... 110

6.7.1 Airborne EO/IR Systems are expected to account for the largest segment of expenditure ...................113

6.7.2 Ground-based EO/IR Systems market to register a CAGR of XX% during the forecast period .............115

6.7.3 Spending on naval EO/IR Systems expected to exhibit a CAGR of XX% during the forecast period ....117

6.8 Saudi Arabian Market Size and Forecast 2015–2025 ................................................................... 119

6.8.1 Spending on airborne EO/IR Systems expected to witness a CAGR of XX% during the forecast period122

6.8.2 Spending on ground based EO/IR Systems expected to account for the second largest segment of

expenditure ..........................................................................................................................................................124


6.8.3 Spending on naval EO/IR Systems expected to register a CAGR of XX% over the forecast period .....125

6.9 The UAE Market Size and Forecast 2015–2025 ........................................................................... 126

6.9.1 Airborne EO/IR Systems to witness robust investment during the forecast period ................................128

6.9.2 The market for ground based EO/IR systems to register a CAGR of XX% over the forecast period .....130

6.10 The Israeli Market Size and Forecast 2015–2025 ......................................................................... 131

6.10.1 Airborne EO/IR Systems to witness robust investment during the forecast period ................................134

6.10.2 The market for ground-based EO/IR systems to witness sustained spending .......................................135

6.11 Brazilian Market Size and Forecast 2015–2025 ............................................................................ 136

6.11.1 Air based EO/IR Systems to lead expenditure for Brazil EO system market ..........................................139

6.11.2 Brazil is expected to spend significantly on military ground EO /IR systems ..........................................140

6.11.3 Market for naval EO/IR systems to register a CAGR of XX% over the forecast period ..........................141

6.12 South African Market Size and Forecast 2015–2025 .................................................................... 142

6.12.1 Airborne EO/IR Systems to witness highest demand .............................................................................144

6.12.2 Naval EO/IR Systems market to account for the second largest segment of expenditure .....................145

7 Major Military Electro Optical Infrared (EO/IR) Systems Programs .............................. 146

7.1 Airborne Military EO/IR Systems .................................................................................................. 146

7.1.1 US - Electro-optic systems - F-35 Joint Strike Fighter (JSF) Program ...................................................146

7.1.2 Canada - Sensors and detection (EO/IR) for Predator B UAS – JUSTAS Program...............................147

7.1.3 UK - Large Aircraft Infrared Countermeasures (LAIRCM) program ........................................................148

7.1.4 Oman - Procurement of DB-110 Reconnaissance Pod Systems ...........................................................149

7.1.5 Australia - JP2078 Phase 2 Hyper–Spectral Imaging Program ..............................................................150

7.2 Ground-based Military EO/IR Systems ......................................................................................... 151

7.2.1 US – Night Vision Goggles ......................................................................................................................151

7.2.2 UK - Procurement of head-mounted night vision systems (HMNVS) .....................................................152

7.2.3 UK - Laser light module Mk3 equipment .................................................................................................153

7.2.4 India –Battle Tanks thermal-imaging and night-vision devices Program ................................................154

7.3 Naval Military EO/IR Systems ....................................................................................................... 155

7.3.1 US - Hand held imager-miniaturized long range (HHI-Mini LR) systems ...............................................155

7.3.2 Malaysia – Electro-optical tracking module Mk2 (TMEO Mk2) Program ................................................156

8 Competitive Landscape and Strategic Insights .............................................................. 157

8.1 Competitive Landscape overview ................................................................................................. 157

8.1.1 Lockheed Martin Corporation: overview ..................................................................................................158

8.1.2 Lockheed Martin Corporation: products and services .............................................................................158

8.1.3 Lockheed Martin Corporation: alliances ..................................................................................................158

8.1.4 Lockheed Martin Corporation: recent contract wins ................................................................................159

8.1.5 Lockheed Martin Corp.: financial analysis ...............................................................................................159

8.1.6 BAE Systems Plc: overview ....................................................................................................................161


8.1.7 BAE Systems Plc: products and services ...............................................................................................161

8.1.8 BAE Systems: alliances ..........................................................................................................................161

8.1.9 BAE Systems: recent contract wins ........................................................................................................162

8.1.10 BAE Systems Plc.: financial analysis ......................................................................................................162

8.1.11 FLIR Systems: overview ..........................................................................................................................164

8.1.12 FLIR Systems: products and services .....................................................................................................165

8.1.13 FLIR Systems: alliances ..........................................................................................................................165

8.1.14 FLIR Systems: recent contract wins ........................................................................................................165

8.1.15 FLIR Systems: Financial Analysis ...........................................................................................................166

8.1.16 DRS Technologies: Overview .................................................................................................................168

8.1.17 DRS Technologies: products and services .............................................................................................168

8.1.18 DRS Technologies: alliances ..................................................................................................................168

8.1.19 DRS Technologies: Recent Contract Wins .............................................................................................169

8.1.20 Cubic Global Defense: overview .............................................................................................................169

8.1.21 Cubic Global Defense: products and services ........................................................................................169

8.1.22 Cubic Global Defense: recent contract wins ...........................................................................................170

8.1.23 Cubic Global Defense: financial analysis ................................................................................................170

8.1.24 Elbit Systems: Overview ..........................................................................................................................172

8.1.25 Elbit Systems: Products and services .....................................................................................................172

8.1.26 Elbit Systems: Alliances ..........................................................................................................................173

8.1.27 Elbit Systems: Recent contract wins .......................................................................................................173

8.1.28 Elbit Systems: Financial analysis ............................................................................................................174

8.1.29 L-3 Communications: overview ...............................................................................................................176

8.1.30 L-3 Communications: products and services ..........................................................................................176

8.1.31 L-3 Communications: alliances ...............................................................................................................177

8.1.32 L-3 Communications: recent contract wins .............................................................................................178

8.1.33 L-3 Communications: financial analysis ..................................................................................................179

8.1.34 Selex ES: Overview .................................................................................................................................181

8.1.35 Selex ES: Products and Services ...........................................................................................................181

8.1.36 Selex ES: Recent Contract Wins ............................................................................................................182

8.1.37 Raytheon: Overview ................................................................................................................................183

8.1.38 Raytheon: Products and Services ...........................................................................................................183

8.1.39 Raytheon: Products and Services ...........................................................................................................184

8.1.40 Raytheon: Recent Contract Wins ............................................................................................................184

8.1.41 Raytheon: Financial Analysis ..................................................................................................................184

8.1.42 Thales: Overview .....................................................................................................................................186

8.1.43 Thales: Products and services ................................................................................................................186

8.1.44 Thales: Alliances .....................................................................................................................................187


8.1.45 Thales: Recent contract wins ..................................................................................................................187

8.1.46 Thales: Financial analysis .......................................................................................................................188

8.1.47 Corning: Overview ...................................................................................................................................190

8.1.48 Corning: Products and Services ..............................................................................................................190

8.1.49 Corning: Alliances ...................................................................................................................................190

8.1.50 Corning: Financial Analysis .....................................................................................................................190

8.1.51 Chess Dynamics: Overview ....................................................................................................................191

8.1.52 Chess Dynamics: Products and services ................................................................................................192

8.1.53 Chess Dynamics: Alliances .....................................................................................................................192

9 Appendix ............................................................................................................................ 193

9.1 Methodology ................................................................................................................................. 193

9.2 About SDI ..................................................................................................................................... 193

9.3 Disclaimer .................................................................................................................................... 193


LIST OF FIGURES

Figure 1: Global Military Electro Optical Infrared Systems Market (US$ Billion), 2015–2025 ............................................................................... 17 Figure 2: Military Electro Optical Infrared (EO/IR) Systems Market Breakdown by Region (%), .......................................................................... 19 Figure 3: North American Military Electro Optical Infrared Systems Market (US$ Billion), 2015–2025 ................................................................ 21 Figure 4: European Military Electro Optical Infrared Systems Market (US$ Billion), 2015–2025 .......................................................................... 23 Figure 5: Asia-Pacific Military Electro Optical Infrared Systems Market (US$ Billion), ........................................................................................ 25 Figure 6: Middle East Military Electro Optical Infrared Systems Market (US$ Million), ......................................................................................... 27 Figure 7: Latin American Military Electro Optical Infrared Systems Market (US$ Million), 2015–2025 ................................................................. 29 Figure 8: African Military Electro Optical Infrared Systems Market (US$ Million), 2015–2025.............................................................................. 30 Figure 9: Military Electro Optical Infrared Systems Market Breakdown by Segment (%), 2015–2025 ................................................................. 32 Figure 10: Airborne Military EO/IR Systems Market Size (US$ Billion), 2015–2025 ............................................................................................ 34 Figure 11: Ground-based Military EO/IR Systems Market Size (US$ Billion), 2015–2025 ................................................................................... 36 Figure 12: Naval Military EO/IR Systems Market Size (US$ Billion), 2015–2025 ................................................................................................. 38 Figure 13: Defense Capital Expenditure of Top North American Defense Spenders (US$ Billion), 2015–2025 ................................................... 40 Figure 14: Defense Capital Expenditure of Top Three Asian Defense Spenders (US$ Billion), 2015–2025 ........................................................ 41 Figure 15: Defense Capital Expenditure of Top Three European Defense Spenders (US$ Billion), 2015–2025 .................................................. 42 Figure 16: Defense Capital Expenditure of Top Three South American Defense Spenders (US$ Billion), 2015–2025 ........................................ 43 Figure 17: Defense Capital Expenditure of Top Three Middle Eastern Defense Spenders (US$ Billion), 2015–2025 .......................................... 44 Figure 18: Defense Capital Expenditure of Top Three African Countries (US$ Billion), 2015–2025.................................................................... 45 Figure 19: Military Electro Optical Infrared Systems Market in the US (US$ Billion), ........................................................................................... 64 Figure 20: Military Electro Optical Infrared Systems Market Split By Category in the US (%), 2015–2025 ........................................................... 65 Figure 21: Airborne Electro-optical Systems Market Size in the US (US$ Billion), 2015–2025 ............................................................................ 67 Figure 22: Ground Electro-Optical Systems Market Size in the US (US$ Million), 2015–2025............................................................................. 69 Figure 23: Naval Electro-Optical Systems Market Size in the US (US$ Million), 2015–2025 ............................................................................... 71 Figure 24: Military EO/IR Systems Market in Russia (US$ Million), 2015–2025 .................................................................................................. 73 Figure 25: Military EO/IR Systems Market Split by Sector in Russia (%), 2015–2025 ......................................................................................... 74 Figure 26: Airborne Systems Market Size in Russia (US$ Million), 2015–2025 ................................................................................................... 76 Figure 27: Ground Based EO/IR Systems Market Size in Russia (US$ Million), 2015–2025 ............................................................................... 78 Figure 28: Naval EO/IR Systems Market Size in Russia (US$ Million), 2015–2025 ............................................................................................. 79 Figure 29: Military Electro-optical and Infrared Market in the UK (US$ Million), 2015–2025 ................................................................................ 81 Figure 30: Military Electro-optical Infrared Market Split by Sector in UK (%), 2015–2025 .................................................................................... 82 Figure 31: Airborne EO/IR Systems Market Size in the UK (US$ Million), 2015–2025 ........................................................................................ 84 Figure 32: Ground-Based EO/IR Systems Market Size in the UK (US$ Million), 2015–2025 ............................................................................... 85 Figure 33: Naval EO/IR Systems Market Size in the UK (US$ Million), 2015–2025 ............................................................................................. 86 Figure 34: Military EO/IR Systems Market in France (US$ Million), 2015–2025 .................................................................................................. 88 Figure 35: Military EO/IR Systems Market Split by Sector in France (%), 2015–2025 ......................................................................................... 89 Figure 36: Airborne EO/IR Systems Market Size in France (US$ Million), 2015–2025 ........................................................................................ 91 Figure 37: Ground-Based EO/IR Systems Market Size in France (US$ Million), 2015–2025 ............................................................................... 92 Figure 38: Naval EO/IR Systems Market Size in France (US$ Million), 2015–2025............................................................................................. 93 Figure 39: Military Electro Optical Infrared Systems Market in China (US$ Million), 2015–2025 .......................................................................... 95 Figure 40: Military Electro Optical Infrared Systems Split by Sector in China (%), 2015–2025 ............................................................................ 96 Figure 41: Airborne EO/IR Systems Market Size in China (US$ Million), 2015–2025 .......................................................................................... 98 Figure 42: Ground-based EO/IR System Market Size in China (US$ Million), 2015–2025 ................................................................................... 99 Figure 43: Naval EO/IR Systems Market Size in China (US$ Million), 2015–2025 ............................................................................................ 101 Figure 44: Military Electro Optical Infrared (EO/IR) Systems Market in India (US$ Million), 2015–2025 ............................................................ 103 Figure 45: Military Electro Optical Infrared Systems Split by Sector in India (%), 2015–2025 ............................................................................ 104 Figure 46: Airborne EO/IR Systems Market Size in India (US$ Million), 2015–2025.......................................................................................... 106 Figure 47: Ground-based EO/IR System Market Size in India (US$ Million), 2015–2025 .................................................................................. 108 Figure 48: Naval EO/IR System Market Size in India (US$ Million), 2015–2025 ................................................................................................ 109 Figure 49: Military Electro Optical Infrared Systems Market in Australia (US$ Million), 2015–2025 ................................................................... 111 Figure 50: Military Electro Optical Infrared Systems Market Split by Sector in Australia (%), 2015–2025 .......................................................... 112 Figure 51: Airborne Military EO/IR System Market Size in Australia (US$ Million), 2015–2025 ......................................................................... 114 Figure 52: Ground-based EO/IR System Market Size in Australia (US$ Million), 2015–2025 ............................................................................ 116 Figure 53: Naval EO/IR Systems Market Size in Australia (US$ Million), 2015–2025 ........................................................................................ 118 Figure 54: Military EO/IR Systems Market in Saudi Arabia (US$ Million), 2015–2025 ....................................................................................... 120 Figure 55: Military Electro Optical Infrared Systems Market Split by Sector in Saudi Arabia (%), 2015–2025 .................................................... 121 Figure 56: Airborne EO/IR Market Size in Saudi Arabia (US$ Million), 2015–2025 ........................................................................................... 123


Figure 57: Ground-based EO/IR Market Size in Saudi Arabia (US$ Million), 2015–2025 .................................................................................. 124 Figure 58: Naval EO/IR Market Size in Saudi Arabia (US$ Million), 2015–2025 ................................................................................................ 125 Figure 59: Military EO/IR Systems Market in the UAE (US$ Million), 2015–2025 .............................................................................................. 127 Figure 60: Military EO/IR Systems Split by Sector in the UAE (%), 2015–2025 ................................................................................................. 127 Figure 61: Airborne EO/IR Systems Market Size in the UAE (US$ Million), 2015–2025 .................................................................................... 129 Figure 62: Ground based EO/IR Systems Market Size in the UAE (US$ Million), 2015–2025 ........................................................................... 130 Figure 63: Military EO/IR Systems Market in Israel (US$ Million), 2015–2025................................................................................................... 132 Figure 64: Military EO/IR Systems Split by Sector in Israel (%), 2015–2025 ..................................................................................................... 133 Figure 65: Airborne EO/IR Systems Market Size in Israel (US$ Million), 2015–2025......................................................................................... 134 Figure 66: Ground based EO/IR Systems Market Size in Israel (US$ Million), 2015–2025 ................................................................................ 135 Figure 67: Brazilian Military Electro-Optical Market Overview ........................................................................................................................... 136 Figure 68: Military Electro Optical Market in Brazil (US$ Million), 2015–2025................................................................................................... 137 Figure 69: Military Electro Optical Market Split By Category in Brazil (%), 2015–2025 ...................................................................................... 138 Figure 70: Military Airborne EO/IR Systems Market Size in Brazil (US$ Million), 2015–2025 ............................................................................ 139 Figure 71: Military Ground EO/IR Market Size in Brazil (US$ Million), 2015–2025 ............................................................................................ 140 Figure 72: Naval EO/IR Systems Market Size in Brazil (US$ Million), 2015–2025 ............................................................................................ 141 Figure 73: Military Electro Optical Infrared Systems Market in South Africa (US$ Million), 2015–2025 .............................................................. 143 Figure 74: Military Electro Optical Infrared Systems Split by Sector in South Africa (%), ................................................................................... 143 Figure 75: Airborne Military EO/IR System Market Size in South Africa (US$ Million), 2015–2025 .................................................................... 144 Figure 76: Naval EO/IR System Market Size in South Africa (US$ Million), 2015–2025 .................................................................................... 145 Figure 77: Lockheed Martin Corp. – Revenue Trend Analysis (US$ billion), 2010–2014 ................................................................................... 160 Figure 78: Lockheed Martin Corp. – Operating Profit Trend Analysis (US$ million), 2010–2014 ....................................................................... 160 Figure 79: Lockheed Martin Corp. – Net Profit Trend Analysis (US$ million), 2010–2014 ................................................................................. 161 Figure 80: BAE Systems – Revenue Trend Analysis (GBP billion), 2010–2014 ................................................................................................ 163 Figure 81: BAE Systems – Operating Profit (GBP million), 2010–2014 ............................................................................................................. 163 Figure 82: BAE Systems – Net Profit Trend Analysis (GBP million), 2010–2014 ............................................................................................... 164 Figure 83: FLIR Systems – Revenue Trend Analysis (US$ million), 2010–2014 ............................................................................................... 166 Figure 84: FLIR Systems – Net Profit Trend Analysis (US$ million), 2010–2014 ............................................................................................... 167 Figure 85: Cubic Global Defense – Revenue Trend Analysis (US$ Billion), 2010–2014 .................................................................................... 170 Figure 86: Cubic Global Defense – Operating Profit (US$ Million), 2010–2014 ................................................................................................. 171 Figure 87: Cubic Global Defense – Net Profit Trend Analysis (US$ Million), 2010–2014 ................................................................................... 171 Figure 88: Elbit Systems – Revenue Trend Analysis (US$ Billion), 2010–2014 ................................................................................................. 174 Figure 89: Elbit Systems – Operating Profit (US$ Million), 2010–2014 .............................................................................................................. 175 Figure 90: Elbit Systems – Net Profit Trend Analysis (US$ Million), 2010–2014................................................................................................ 175 Figure 91: L-3 Communications – Revenue Trend Analysis (US$ Billion), 2010–2014 ...................................................................................... 179 Figure 92: L-3 Communications – Operating Profit Trend Analysis (US$ Million), FY2010–2014 ...................................................................... 180 Figure 93: L-3 Communications – Net Profit Trend Analysis (US$ Million), FY2010–2014 ................................................................................ 180 Figure 94: Raytheon – Revenue Trend Analysis (US$ Billion), 2010–2014 ....................................................................................................... 185 Figure 95: Raytheon – Operating Profit Trend Analysis (US$ Million), 2010–2014 ............................................................................................ 185 Figure 96: Raytheon – Net Profit Trend Analysis (US$ Million), 2010–2014 ..................................................................................................... 186 Figure 97: Thales – Revenue Trend Analysis (EUR billion), 2010–2014 ........................................................................................................... 188 Figure 98: Thales – Operating Profit Trend Analysis (EUR million), 2010–2014 ................................................................................................ 189 Figure 99: Thales – Net Profit Trend Analysis(EUR million), 2010–2014 ........................................................................................................... 189 Figure 100: Corning – Revenue Trend Analysis (US$ Billion), 2010–2014 ........................................................................................................ 191 Figure 101: Corning – Net Profit Trend Analysis (US$ Billion), 2010–2014 ....................................................................................................... 191


LIST OF TABLES

Table 1: Global Military Electro Optical Infrared (EO/IR) Systems Market Overview ............................................................................................ 18 Table 2: Global Military Electro Optical Infrared Systems Market Overview ....................................................................................................... 31 Table 3: SWOT Analysis of the Military Electro Optical Infrared (EO/IR) Systems market ................................................................................... 56 Table 4: US Military Electro Optical Infrared Systems Market Overview .............................................................................................................. 63 Table 5: Russian Military EO/IR Systems Market Overview ................................................................................................................................ 73 Table 6: UK Military EO/IR Systems Market Overview ........................................................................................................................................ 81 Table 7: Major UK Military Electro-optical and Infrared Programs ....................................................................................................................... 82 Table 8: French Military EO/IR Systems Market Overview .................................................................................................................................. 88 Table 9: Major French Military EO/IR Systems Programs ................................................................................................................................... 89 Table 10: Chinese Military Electro Optical Infrared Systems Market Overview .................................................................................................... 95 Table 11: Indian Military Electro Optical Infrared (EO/IR) Systems Market Overview ........................................................................................ 103 Table 12: Major Indian Military Electro Optical Infrared (EO/IR) Systems Programs .......................................................................................... 104 Table 13: Australian Military Electro Optical Infrared (EO/IR) Systems Market Overview .................................................................................. 110 Table 14: Major Australian Military Electro Optical Infrared Systems Programs ............................................................................................... 111 Table 15: Saudi Arabia Military Electro Optical Infrared (EO/IR) Systems Market Overview .............................................................................. 119 Table 16: Major Saudi Arabian Military Electro-optical and Infrared Programs .................................................................................................. 120 Table 17: UAE Military Electro Optical Infrared (EO/IR) Systems Market Overview ........................................................................................... 126 Table 18: Israeli Military Electro Optical Infrared (EO/IR) Systems Market Overview ........................................................................................ 132 Table 19: Brazil Military Electro Optical Infrared (EO/IR) Systems .................................................................................................................... 137 Table 20: South African Military Electro Optical Infrared Systems Market Overview.......................................................................................... 142 Table 21: Program Details - Electro-optic systems - F-35 Joint Strike Fighter (JSF) .......................................................................................... 146 Table 22: Program Details - Sensors and detection (EO/IR) for Predator B UAS – JUSTAS Program .............................................................. 147 Table 23: Program Details - Large Aircraft Infrared Countermeasures (LAIRCM) program ............................................................................... 148 Table 24: Program Details - Procurement of DB-110 Reconnaissance Pod Systems ........................................................................................ 149 Table 25: Program Details - JP2078 Phase 2 Hyper–Spectral Imaging ............................................................................................................. 150 Table 26: Program Details - EO/IR Systems procurement for Infantry Fighting Vehicle ..................................................................................... 151 Table 27: Program Details - Procurement of head-mounted night vision systems (HMNVS) ............................................................................. 152 Table 28: Program Details - Laser Light Module Mk3 Equipment ...................................................................................................................... 153 Table 29: Program Details –Battle Tanks Thermal-Imaging and Night-Vision Devices Program ........................................................................ 154 Table 30: Program Details - Hand held imager-miniaturized long range systems .............................................................................................. 155 Table 31: Program Details – Electro-Optical Tracking Module Mk2 (TMEO Mk2) Program ............................................................................... 156 Table 32: Lockheed Martin Corporation – Alliances .......................................................................................................................................... 158 Table 33: Lockheed Martin Corporation – Recent Contract Wins ...................................................................................................................... 159 Table 34: BAE Systems – Alliances .................................................................................................................................................................. 162 Table 35: BAE Systems – Recent Contract Wins .............................................................................................................................................. 162 Table 36: FLIR Systems – Alliances ................................................................................................................................................................. 165 Table 37: FLIR Systems – Recent Contract Wins ............................................................................................................................................. 165 Table 38: DRS Technologies – Alliances .......................................................................................................................................................... 168 Table 39: DRS Technologies – Recent Contract Wins ...................................................................................................................................... 169 Table 40: Harris Corporation – Recent Contract Wins ....................................................................................................................................... 170 Table 41: Elbit Systems – Alliances .................................................................................................................................................................. 173 Table 42: Elbit Systems – Recent Contract Wins .............................................................................................................................................. 173 Table 43: L-3 Communications – Alliances ....................................................................................................................................................... 177 Table 44: L-3 Communications – Recent Contract Wins ................................................................................................................................... 178 Table 45: Selex ES – Recent Contract Wins ..................................................................................................................................................... 182 Table 46: Raytheon: Alliances .......................................................................................................................................................................... 184 Table 47: Raytheon – Recent Contract Wins .................................................................................................................................................... 184 Table 48: Thales: Alliances ............................................................................................................................................................................... 187 Table 49: Thales: Recent Contract Wins ........................................................................................................................................................... 187 Table 50: Corning – Alliances ........................................................................................................................................................................... 190 Table 51: Chess Dynamics – Alliances ............................................................................................................................................................. 192

reference code: df00 64sr the global military eo/ir systems market … · the global military...

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