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Military EO/IR systems market revenue worldwide 2019-2030

Published by Statista Research Department, Oct 25, 2022
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 Next Move Strategy Consulting shows.

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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Source

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In cooperation with
Next Move Strategy Consulting
Release date

September 2020

Region

Worldwide

Survey time period

2019

Supplementary notes

* Forecast.
According to the source, the military electro-optical and infrared (EO/IR) systems consist of visible and infrared sensors that help the user to work in the dark or low light conditions.

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