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Electro-Optical Market Worth $18.42 Billion by 2020


News provided by

MarketsandMarkets

25 Mar, 2014, 19:30 GMT

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DALLAS, March 25, 2014 /PRNewswire/ --



According to a new market research report of "Electro-Optical Market  by Product (Infrared and Laser), by Segments (Defense, Aerospace, and Homeland Security), Application (Airborne, Naval and Land-based Systems) & by Geography (Asia-Pacific, Europe, The Middle East, North America and South America) - Forecasts & Analysis (2014-2020)", published by MarketsandMarkets, is projected to cross $18.42 Billion by 2020, growing at a CAGR of 3.00% from 2014 to 2020.

Browse more than 69 Market Data Tables with 7 Figures spread through 165 Pages and in-depth TOC on "Electro-Optical Market"

http://www.marketsandmarkets.com/Market-Reports/electro-optical-market-234736604.html 
Early buyers will receive 10% customization on this reports.

The Electro-Optical Market revenue will predominantly be from the defense segment followed by homeland security and aerospace segments.  The market will be driven by upgrade and replacement of existing hardware of the defense segment. Geographic regions such as APAC, North America and Europe will see majority of the growth. Airborne electro optic systems are estimated to rise due to increased deployment of UAVs for surveillance in aerospace and homeland security. Major markets for EO systems are identified to be the U.S., European Union (EU), India, Japan, South Korea, and Brazil.

Browse Related Reports 

Security and Surveillance Radar Market (Land Systems, Airborne Systems, and Naval Systems) - Global Forecasts and Analysis to 2014 - 2020

http://www.marketsandmarkets.com/Market-Reports/security-surveillance-radar-market-35330984.html

Battlefield Management Systems Market (Land, Airborne and Naval Platforms, Commander Systems, Dismounted Soldier Systems, Tracked and Armored Vehicles, Communication Network Systems and BMS Software) - Forecast & Analysis 2014 - 2019

http://www.marketsandmarkets.com/Market-Reports/battlefield-management-systems-market-165590884.html

About MarketsandMarkets 

MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.

MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. MarketsandMarkets covers thirteen industry verticals, including advanced materials, automotive and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, and telecommunications and IT, aerospace & defense.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:

Mr. Rohan
North - Dominion Plaza
17304 Preston Road
Suite 800, Dallas, TX 75252
Tel: +1-888-600-6441
Email: sales@marketsandmarkets.com

Visit MarketsandMarkets Blog@ http://mnmblog.org/market-research/aerospace-defence
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets

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