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)
* 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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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 November 13, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/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 November 13, 2024. https://www-statista-com.ezproxy.canberra.edu.au/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: November 13, 2024. https://www-statista-com.ezproxy.canberra.edu.au/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.ezproxy.canberra.edu.au/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.ezproxy.canberra.edu.au/statistics/1255865/global-military-eoir-systems-market-revenue/ (last visited November 13, 2024)
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.ezproxy.canberra.edu.au/statistics/1255865/global-military-eoir-systems-market-revenue/
