After a drop of around 7.8 percent in 2020, the military electro-optical and infrared (EO/IR) systems market worldwide is expected to experience an upward trend, reaching almost 24.7 billion U.S. dollars in revenue by 2030, as data from
Global revenue of the military electro-optical and infrared (EO/IR) market in 2019, with a forecast for 2020 to 2030 (in billion U.S. dollars)
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Statistics on Defense spending and arms trade
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Next Move Strategy Consulting. (September 1, 2020). Global revenue of the military electro-optical and infrared (EO/IR) market in 2019, with a forecast for 2020 to 2030 (in billion U.S. dollars) [Graph]. In Statista. Retrieved January 30, 2023, from https://www.statista.com/statistics/1255865/global-military-eoir-systems-market-revenue/
Next Move Strategy Consulting. "Global revenue of the military electro-optical and infrared (EO/IR) market in 2019, with a forecast for 2020 to 2030 (in billion U.S. dollars)." Chart. September 1, 2020. Statista. Accessed January 30, 2023. https://www.statista.com/statistics/1255865/global-military-eoir-systems-market-revenue/
Next Move Strategy Consulting. (2020). Global revenue of the military electro-optical and infrared (EO/IR) market in 2019, with a forecast for 2020 to 2030 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: January 30, 2023. https://www.statista.com/statistics/1255865/global-military-eoir-systems-market-revenue/
Next Move Strategy Consulting. "Global Revenue of The Military Electro-optical and Infrared (Eo/Ir) Market in 2019, with a Forecast for 2020 to 2030 (in Billion U.S. Dollars)." Statista, Statista Inc., 1 Sep 2020, https://www.statista.com/statistics/1255865/global-military-eoir-systems-market-revenue/
Next Move Strategy Consulting, Global revenue of the military electro-optical and infrared (EO/IR) market in 2019, with a forecast for 2020 to 2030 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1255865/global-military-eoir-systems-market-revenue/ (last visited January 30, 2023)
Global revenue of the military electro-optical and infrared (EO/IR) market in 2019, with a forecast for 2020 to 2030 (in billion U.S. dollars) [Graph], Next Move Strategy Consulting, September 1, 2020. [Online]. Available: https://www.statista.com/statistics/1255865/global-military-eoir-systems-market-revenue/