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Electro-Optics in Naval Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Technology (Camera, Sensor, and Laser Range Finder), Application (Target Detection, Identification, and Tracking; Surveillance; Fire Control; and Others), and End Use (Defense and Commercial)
- Report Code : TIPRE00029823
- Pages : 222
The global electro-optics in naval market was valued at US$ 8,629.35 million in 2022 and is expected to reach US$ 11,139.38 million by 2028; it is estimated to register a CAGR of 4.3% during the forecast period.
The rising military expenditure is boosting the investments in technological developments of naval vessels across different naval forces. Many countries such as the US, Russia, China, and India already have several naval vessel projects in the pipeline for expanding their respective naval fleet in the defense forces. Countries in the Middle East such as Iran and Israel are investing in the procurement and up-gradation of small to medium-sized vessels such as corvettes, missile boats, and coastal patrol boats for surveillance, threat detection, and identification applications. Moreover, the procurement of naval vessels continues to generate demand for electro-optic systems, thereby driving the electro-optics in naval market growth.
In addition, due to such conflicts and tensions, majority of the countries have increased their investments for the procurement of defense technologies including electro-optic systems for strengthening their respective armed forces and providing them with stronger and reliable operational solutions. Furthermore, there are also different types of already commissioned naval vessel projects across different countries which will be delivered to the respective countries during the forecast period and is likely to generate new opportunities for market vendors during the forecast period.
Impact of COVID-19 Pandemic on Electro-Optics in Naval Market Growth
The COVID-19 pandemic had a severe impact on operations and manufacturing across all the defense and shipbuilding sectors. The commercial shipbuilding sector, which could be threatened with extinction, is particularly hard hit. Defense and security have not experienced the same abrupt market collapse as commercial shipbuilding, but it was still hindered by the pandemic’s severe fiscal impact, as the production of electro-optic systems and components was severely hampered due to supply chain issues. Additionally, the shift of government spending from military technologies to COVID-19 outbreak control measures slightly impacted the planned investments in the electro-optic technology market for the defense sector. However, businesses have evolved again by developing new strategies to emerge from the crisis and launch new projects to get back on track. Several vendors have received different contracts to provide electro-optic systems for naval applications, which has been contributing to revive the growth of electro-optics in naval market size.
In Asia Pacific, rise in procurement of naval vessels by naval forces in the region will increase the demand for electro-optics solutions, which would fuel the APAC electro-optics in naval market growth in the future. A few major contracts related to electro-optic solutions across the region are mentioned below:
• In May 2022, the Philippine Navy awarded a contract to Israel Aerospace Industries (IAI) to supply electro-optics solutions for their patrol vessels.
• In June 2021, Electric Systems Ltd received a contract from an undisclosed country in APAC to supply AI-powered electro-optical systems for their maritime forces. The company will supply SPECTRO XR multi-spectral electro-optic (“EO”) systems to the country over a period of four years.
Thus, the rise in contracts of electro-optic solutions such as cameras, sensors, and laser range finders is driving the APAC electro-optics in naval market.
The military sector in many Middle East countries is in the growth stage, and the countries in the region are putting greater efforts into enhancing the strength of their military forces. As per global firepower, Egypt, Turkey, Israel, Saudi Arabia, and Iran are a few prominent countries in this region with good military strength. Besides, government bodies are making massive investments in strengthening their respective armed forces. According to the International Institute for Strategic Studies (IISS), Saudi Arabia is a country with the largest military investments in the region. Riyadh’s defense budget was more than the combined budget of the next five biggest spenders—Israel, Iraq, Algeria, Iran, and Oman—in the MEA. Substantial military investments enable these countries to adopt advanced technologies for effective combat.
Countries in South America are observing a rise in the number of merchant’s vessels, as naval logistics is an integral part of the respective country’s businesses. These merchant vessels are fitted with electro-optic systems such as cameras and sensors, which is augmenting the growth of the electro-optics in naval market in the region. Argentina had a noteworthy volume of domestic ships, accounting for 204 domestic ships in 2021. The Argentinian shipping industry is majorly categorized into general cargo ships, container ships, bulk carriers, and other types of ships. The constant growth in the shipping industry in the country is bolstering the demand for newer technologies. This factor is propelling the electro-optics in naval market growth.
Safran SA; L3Harris Technologies, Inc.; Ultra Maritime; Tonbo Imaging; Aselsan AS; Elbit Systems Ltd.; SAAB AB; Chess Dynamics; Isreal Aerospace Industries Ltd.; and Naval Group are a few key electro-optics in naval market players operating in the market.
TABLE OF CONTENTS
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Electro-Optics in Naval Market Landscape
4.1 Market Overview
4.2 Porter’s Five Forces Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinions
5. Electro-Optics in Naval Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Continuous Growth of Global Defense Sector
5.1.2 Rising Focus of Vendors on Developing Innovative Products
5.2 Market Restraints
5.2.1 Stagnant Lifecycle of Naval Electro-Optic Systems
5.3 MARKET OPPORTUNITIES
5.3.1 Increasing Number of Disputes and Threats to Naval Vessels
5.4 Future Trends
5.4.1 Rapid Developments in Electro-Optics Technology
5.5 Impact Analysis of Drivers and Restraints
6. Electro-Optics in Naval Market – Global Market Analysis
6.1 Global Electro-Optics in Naval Market Overview
6.2 Global Electro-Optics in Naval Market Revenue Forecast and Analysis
6.3 Market Positioning – Five Key Players
7. Electro-Optics in Naval Market– Technology
7.1 Overview
7.2 Electro-Optics in Naval Market, By Technology (2021 & 2028)
7.3 Camera
7.3.1 Overview
7.3.2 Camera: Electro-Optics in Naval Market Revenue and Forecast to 2028 (US$ Million)
7.4 Sensor
7.4.1 Overview
7.4.2 Sensor: Electro-Optics in Naval Market Revenue and Forecast to 2028 (US$ Million)
7.5 Laser Range Finders
7.5.1 Overview
7.5.2 Laser Range Finders: Electro-Optics in Naval Market Revenue and Forecast to 2028 (US$ Million)
8. Electro-Optics in Naval Market– Application
8.1 Overview
8.2 Electro-Optics in Naval Market, By Application (2021 & 2028)
8.3 Target Detection, Identification, and Tracking
8.3.1 Overview
8.3.2 Target Detection, Identification, and Tracking: Electro-Optics in Naval Market Revenue and Forecast to 2028 (US$ Million)
8.4 Surveillance
8.4.1 Overview
8.4.2 Surveillance: Electro-Optics in Naval Market Revenue and Forecast to 2028 (US$ Million)
8.5 Fire Control
8.5.1 Overview
8.5.2 Fire Control: Electro-Optics in Naval Market Revenue and Forecast to 2028 (US$ Million)
8.6 Others
8.6.1 Overview
8.6.2 Others: Electro-Optics in Naval Market Revenue and Forecast to 2028 (US$ Million)
9. Electro-Optics in Naval Market– End Use
9.1 Overview
9.2 Electro-Optics in Naval Market, By End Use (2021 & 2028)
9.3 Defense
9.3.1 Overview
9.3.2 Defense: Electro-Optics in Naval Market Revenue and Forecast to 2028 (US$ Million)
9.3.3 Frigates
9.3.3.1 Overview
9.3.3.2 Frigates: Electro-Optics in Naval Market Revenue and Forecast to 2028 (US$ Million)
9.3.4 Corvettes
9.3.4.1 Overview
9.3.4.2 Corvettes: Electro-Optics in Naval Market Revenue and Forecast to 2028 (US$ Million)
9.3.5 Destroyers
9.3.5.1 Overview
9.3.5.2 Destroyers: Electro-Optics in Naval Market Revenue and Forecast to 2028 (US$ Million)
9.3.6 Aircraft Carrier
9.3.6.1 Overview
9.3.6.2 Aircraft Carrier: Electro-Optics in Naval Market Revenue and Forecast to 2028 (US$ Million)
9.3.7 Submarines
9.3.7.1 Overview
9.3.7.2 Submarines: Electro-Optics in Naval Market Revenue and Forecast to 2028 (US$ Million)
9.3.8 Others
9.3.8.1 Overview
9.3.8.2 Others: Electro-Optics in Naval Market Revenue and Forecast to 2028 (US$ Million)
9.4 Commercial
9.4.1 Overview
9.4.2 Commercial: Electro-Optics in Naval Market Revenue and Forecast to 2028 (US$ Million)
9.4.3 Cruise Ships
9.4.3.1 Overview
9.4.3.2 Cruise Ships: Electro-Optics in Naval Market Revenue and Forecast to 2028 (US$ Million)
9.4.4 Merchant Ships
9.4.4.1 Overview
9.4.4.2 Merchant Ships: Electro-Optics in Naval Market Revenue and Forecast to 2028 (US$ Million)
9.4.5 Cargo Ships
9.4.5.1 Overview
9.4.5.2 Cargo Ships: Electro-Optics in Naval Market Revenue and Forecast to 2028 (US$ Million)
10. Electro-Optic in Naval Market – Geographic Analysis
10.1 Overview
10.2 North America: Electro-Optic in Naval Market
10.2.1 North America: Electro-Optic in Naval Market – Revenue and Forecast to 2028 (US$ Million)
10.2.2 North America: Electro-Optic in Naval Market, By Technology
10.2.3 North America: Electro-Optic in Naval Market, by Application
10.2.4 North America: Electro-Optic in Naval Market, by End Use
10.2.5 North America: Electro-Optic in Naval Market, by Key Country
10.2.6 US: Electro-Optic in Naval Market – Revenue and Forecast to 2028 (US$ Million)
10.2.6.1 US: Electro-Optic in Naval Market, By Technology
10.2.6.2 US: Electro-Optic in Naval Market, by Application
10.2.6.3 US: Electro-Optic in Naval Market, by End Use
10.2.6.3.1 US: Electro-Optic in Naval Market, by Defense
10.2.6.3.2 US: Electro-Optic in Naval Market, by Commercial
10.2.7 Canada: Electro-Optic in Naval Market – Revenue and Forecast to 2028 (US$ Million)
10.2.7.1 Canada: Electro-Optic in Naval Market, By Technology
10.2.7.2 Canada: Electro-Optic in Naval Market, by Application
10.2.7.3 Canada: Electro-Optic in Naval Market, by End Use
10.2.7.3.1 Canada: Electro-Optic in Naval Market, by Defense
10.2.7.3.2 Canada: Electro-Optic in Naval Market, by Commercial
10.2.8 Mexico: Electro-Optic in Naval Market – Revenue and Forecast to 2028 (US$ Million)
10.2.8.1 Mexico: Electro-Optic in Naval Market, By Technology
10.2.8.2 Mexico: Electro-Optic in Naval Market, by Application
10.2.8.3 Mexico: Electro-Optic in Naval Market, by End Use
10.2.8.3.1 Mexico: Electro-Optic in Naval Market, by Defense
10.2.8.3.2 Mexico: Electro-Optic in Naval Market, by Commercial
10.3 Europe: Electro-Optic in Naval Market
10.3.1 Europe: Electro-Optic in Naval Market – Revenue and Forecast to 2028 (US$ Million)
10.3.2 Europe: Electro-Optic in Naval Market, By Technology
10.3.3 Europe: Electro-Optic in Naval Market, by Application
10.3.4 Europe: Electro-Optic in Naval Market, by End Use
10.3.5 Europe: Electro-Optic in Naval Market, by Key Country
10.3.6 Germany: Electro-Optic in Naval Market – Revenue and Forecast to 2028 (US$ Million)
10.3.6.1 Germany: Electro-Optic in Naval Market, By Technology
10.3.6.2 Germany: Electro-Optic in Naval Market, by Application
10.3.6.3 Germany: Electro-Optic in Naval Market, by End Use
10.3.6.3.1 Germany: Electro-Optic in Naval Market, by Defense
10.3.6.3.2 Germany: Electro-Optic in Naval Market, by Commercial
10.3.7 France: Electro-Optic in Naval Market – Revenue and Forecast to 2028 (US$ Million)
10.3.7.1 France: Electro-Optic in Naval Market, By Technology
10.3.7.2 France: Electro-Optic in Naval Market, by Application
10.3.7.3 France: Electro-Optic in Naval Market, by End Use
10.3.7.3.1 France: Electro-Optic in Naval Market, by Defense
10.3.7.3.2 France: Electro-Optic in Naval Market, by Commercial
10.3.8 Italy: Electro-Optic in Naval Market – Revenue and Forecast to 2028 (US$ Million)
10.3.8.1 Italy: Electro-Optic in Naval Market, By Technology
10.3.8.2 Italy: Electro-Optic in Naval Market, by Application
10.3.8.3 Italy: Electro-Optic in Naval Market, by End Use
10.3.8.3.1 Italy: Electro-Optic in Naval Market, by Defense
10.3.8.3.2 Italy: Electro-Optic in Naval Market, by Commercial
10.3.9 UK: Electro-Optic in Naval Market – Revenue and Forecast to 2028 (US$ Million)
10.3.9.1 UK: Electro-Optic in Naval Market, By Technology
10.3.9.2 UK: Electro-Optic in Naval Market, by Application
10.3.9.3 UK: Electro-Optic in Naval Market, by End Use
10.3.9.3.1 UK: Electro-Optic in Naval Market, by Defense
10.3.9.3.2 UK: Electro-Optic in Naval Market, by Commercial
10.3.10 Russia: Electro-Optic in Naval Market – Revenue and Forecast to 2028 (US$ Million)
10.3.10.1 Russia: Electro-Optic in Naval Market, By Technology
10.3.10.2 Russia: Electro-Optic in Naval Market, by Application
10.3.10.3 Russia: Electro-Optic in Naval Market, by End Use
10.3.10.3.1 Russia: Electro-Optic in Naval Market, by Defense
10.3.10.3.2 Russia: Electro-Optic in Naval Market, by Commercial
10.3.11 Rest of Europe: Electro-Optic in Naval Market – Revenue and Forecast to 2028 (US$ Million)
10.3.11.1 Rest of Europe: Electro-Optic in Naval Market, By Technology
10.3.11.2 Rest of Europe: Electro-Optic in Naval Market, by Application
10.3.11.3 Rest of Europe: Electro-Optic in Naval Market, by End Use
10.3.11.3.1 Rest of Europe: Electro-Optic in Naval Market, by Defense
10.3.11.3.2 Rest of Europe: Electro-Optic in Naval Market, by Commercial
10.4 Asia Pacific: Electro-Optic in Naval Market
10.4.1 Asia Pacific: Electro-Optic in Naval Market – Revenue and Forecast to 2028 (US$ Million)
10.4.2 Asia Pacific: Electro-Optic in Naval Market, By Technology
10.4.3 Asia Pacific: Electro-Optic in Naval Market, by Application
10.4.4 Asia Pacific: Electro-Optic in Naval Market, by End Use
10.4.5 Asia Pacific: Electro-Optic in Naval Market, by Key Country
10.4.6 Australia: Electro-Optic in Naval Market – Revenue and Forecast to 2028 (US$ Million)
10.4.6.1 Australia: Electro-Optic in Naval Market, By Technology
10.4.6.2 Australia: Electro-Optic in Naval Market, by Application
10.4.6.3 Australia: Electro-Optic in Naval Market, by End Use
10.4.6.3.1 Australia: Electro-Optic in Naval Market, by Defense
10.4.6.3.2 Australia: Electro-Optic in Naval Market, by Commercial
10.4.7 China: Electro-Optic in Naval Market – Revenue and Forecast to 2028 (US$ Million)
10.4.7.1 China: Electro-Optic in Naval Market, By Technology
10.4.7.2 China: Electro-Optic in Naval Market, by Application
10.4.7.3 China: Electro-Optic in Naval Market, by End Use
10.4.7.3.1 China: Electro-Optic in Naval Market, by Defense
10.4.7.3.2 China: Electro-Optic in Naval Market, by Commercial
10.4.8 India: Electro-Optic in Naval Market – Revenue and Forecast to 2028 (US$ Million)
10.4.8.1 India: Electro-Optic in Naval Market, By Technology
10.4.8.2 India: Electro-Optic in Naval Market, by Application
10.4.8.3 India: Electro-Optic in Naval Market, by End Use
10.4.8.3.1 India: Electro-Optic in Naval Market, by Defense
10.4.8.3.2 India: Electro-Optic in Naval Market, by Commercial
10.4.9 Japan: Electro-Optic in Naval Market – Revenue and Forecast to 2028 (US$ Million)
10.4.9.1 Japan: Electro-Optic in Naval Market, By Technology
10.4.9.2 Japan: Electro-Optic in Naval Market, by Application
10.4.9.3 Japan: Electro-Optic in Naval Market, by End Use
10.4.9.3.1 Japan: Electro-Optic in Naval Market, by Defense
10.4.9.3.2 Japan: Electro-Optic in Naval Market, by Commercial
10.4.10 South Korea: Electro-Optic in Naval Market – Revenue and Forecast to 2028 (US$ Million)
10.4.10.1 South Korea: Electro-Optic in Naval Market, By Technology
10.4.10.2 South Korea: Electro-Optic in Naval Market, by Application
10.4.10.3 South Korea: Electro-Optic in Naval Market, by End Use
10.4.10.3.1 South Korea: Electro-Optic in Naval Market, by Defense
10.4.10.3.2 South Korea: Electro-Optic in Naval Market, by Commercial
10.4.11 Rest of APAC: Electro-Optic in Naval Market – Revenue and Forecast to 2028 (US$ Million)
10.4.11.1 Rest of APAC: Electro-Optic in Naval Market, By Technology
10.4.11.2 Rest of APAC: Electro-Optic in Naval Market, by Application
10.4.11.3 Rest of APAC: Electro-Optic in Naval Market, by End Use
10.4.11.3.1 Rest of APAC: Electro-Optic in Naval Market, by Defense
10.4.11.3.2 Rest of APAC: Electro-Optic in Naval Market, by Commercial
10.5 Middle East & Africa: Electro-Optic in Naval Market
10.5.1 Middle East & Africa: Electro-Optic in Naval Market – Revenue and Forecast to 2028 (US$ Million)
10.5.2 Middle East & Africa: Electro-Optic in Naval Market, By Technology
10.5.3 Middle East & Africa: Electro-Optic in Naval Market, by Application
10.5.4 Middle East & Africa: Electro-Optic in Naval Market, by End Use
10.5.5 Middle East & Africa: Electro-Optic in Naval Market, by Key Country
10.5.6 Saudi Arabia: Electro-Optic in Naval Market – Revenue and Forecast to 2028 (Brazil$ Million)
10.5.6.1 Saudi Arabia: Electro-Optic in Naval Market, By Technology
10.5.6.2 Saudi Arabia: Electro-Optic in Naval Market, by Application
10.5.6.3 Saudi Arabia: Electro-Optic in Naval Market, by End Use
10.5.6.3.1 Saudi Arabia: Electro-Optic in Naval Market, by Defense
10.5.6.3.2 Saudi Arabia: Electro-Optic in Naval Market, by Commercial
10.5.7 South Africa: Electro-Optic in Naval Market – Revenue and Forecast to 2028 (Brazil$ Million)
10.5.7.1 South Africa: Electro-Optic in Naval Market, By Technology
10.5.7.2 South Africa: Electro-Optic in Naval Market, by Application
10.5.7.3 South Africa: Electro-Optic in Naval Market, by End Use
10.5.7.3.1 South Africa: Electro-Optic in Naval Market, by Defense
10.5.7.3.2 South Africa: Electro-Optic in Naval Market, by Commercial
10.5.8 UAE: Electro-Optic in Naval Market – Revenue and Forecast to 2028 (Brazil$ Million)
10.5.8.1 UAE: Electro-Optic in Naval Market, By Technology
10.5.8.2 UAE: Electro-Optic in Naval Market, by Application
10.5.8.3 UAE: Electro-Optic in Naval Market, by End Use
10.5.8.3.1 UAE: Electro-Optic in Naval Market, by Defense
10.5.8.3.2 UAE: Electro-Optic in Naval Market, by Commercial
10.5.9 Rest of MEA: Electro-Optic in Naval Market – Revenue and Forecast to 2028 (Brazil$ Million)
10.5.9.1 Rest of MEA: Electro-Optic in Naval Market, By Technology
10.5.9.2 Rest of MEA: Electro-Optic in Naval Market, by Application
10.5.9.3 Rest of MEA: Electro-Optic in Naval Market, by End Use
10.5.9.3.1 Rest of MEA: Electro-Optic in Naval Market, by Defense
10.5.9.3.2 Rest of MEA: Electro-Optic in Naval Market, by Commercial
10.6 South America: Electro-Optic in Naval Market
10.6.1 South America: Electro-Optic in Naval Market – Revenue and Forecast to 2028 (US$ Million)
10.6.2 South America: Electro-Optic in Naval Market, By Technology
10.6.3 South America: Electro-Optic in Naval Market, by Application
10.6.4 South America: Electro-Optic in Naval Market, by End Use
10.6.5 South America: Electro-Optic in Naval Market, by Key Country
10.6.6 Brazil: Electro-Optic in Naval Market – Revenue and Forecast to 2028 (Brazil$ Million)
10.6.6.1 Brazil: Electro-Optic in Naval Market, By Technology
10.6.6.2 Brazil: Electro-Optic in Naval Market, by Application
10.6.6.3 Brazil: Electro-Optic in Naval Market, by End Use
10.6.6.3.1 Brazil: Electro-Optic in Naval Market, by Defense
10.6.6.3.2 Brazil: Electro-Optic in Naval Market, by Commercial
10.6.7 Argentina: Electro-Optic in Naval Market – Revenue and Forecast to 2028 (US$ Million)
10.6.7.1 Argentina: Electro-Optic in Naval Market, By Technology
10.6.7.2 Argentina: Electro-Optic in Naval Market, by Application
10.6.7.3 Argentina: Electro-Optic in Naval Market, by End Use
10.6.7.3.1 Argentina: Electro-Optic in Naval Market, by Defense
10.6.7.3.2 Argentina: Electro-Optic in Naval Market, by Commercial
10.6.8 Rest of SAM: Electro-Optic in Naval Market – Revenue and Forecast to 2028 (US$ Million)
10.6.8.1 Rest of SAM: Electro-Optic in Naval Market, By Technology
10.6.8.2 Rest of SAM: Electro-Optic in Naval Market, by Application
10.6.8.3 Rest of SAM: Electro-Optic in Naval Market, by End Use
10.6.8.3.1 Rest of SAM: Electro-Optic in Naval Market, by Defense
10.6.8.3.2 Rest of SAM: Electro-Optic in Naval Market, by Commercial
11. Electro-Optics in Naval Market – Covid-19 Impact Analysis
11.1 Overview
11.2 North America: Impact Assessment of COVID-19 Pandemic
11.3 Europe: Impact Assessment of COVID-19 Pandemic
11.4 Asia Pacific: Impact Assessment of COVID-19 Pandemic
11.5 MEA: Impact Assessment of COVID-19 Pandemic
11.6 South America Impact Assessment of COVID-19 Pandemic
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 Product Development
12.4 Mergers & Acquisitions
13. Company Profiles
13.1 ASELSAN AS
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Tonbo Imaging India Pvt Ltd
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Chess Dynamics Ltd
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Elbit Systems Ltd
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Saab AB
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Safran SA
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 L3Harris Technologies Inc
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Ultra Electronics Holdings Ltd
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Israel Aerospace Industries Ltd
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Naval Group SA
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Word Index
LIST OF TABLES
Table 1. Global Electro-Optics in Naval Market Revenue and Forecast to 2028 (US$ Million)
Table 2. North America: Electro-Optic in Naval Market, By Technology– Revenue and Forecast to 2028 (US$ Million)
Table 3. North America: Electro-Optic in Naval Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 4. North America: Electro-Optic in Naval Market, by End Use – Revenue and Forecast to 2028 (US$ Million)
Table 5. North America: Electro-Optic in Naval Market, by Defense – Revenue and Forecast to 2028 (US$ Million)
Table 6. North America: Electro-Optic in Naval Market, by Commercial – Revenue and Forecast to 2028 (US$ Million)
Table 7. US: Electro-Optic in Naval Market, By Technology– Revenue and Forecast to 2028 (US$ Million)
Table 8. US: Electro-Optic in Naval Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 9. US: Electro-Optic in Naval Market, by End Use – Revenue and Forecast to 2028 (US$ Million)
Table 10. US: Electro-Optic in Naval Market, by Defense – Revenue and Forecast to 2028 (US$ Million)
Table 11. US: Electro-Optic in Naval Market, by Commercial – Revenue and Forecast to 2028 (US$ Million)
Table 12. Canada: Electro-Optic in Naval Market, By Technology– Revenue and Forecast to 2028 (US$ Million)
Table 13. Canada: Electro-Optic in Naval Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 14. Canada: Electro-Optic in Naval Market, by End Use – Revenue and Forecast to 2028 (US$ Million)
Table 15. Canada: Electro-Optic in Naval Market, by Defense – Revenue and Forecast to 2028 (US$ Million)
Table 16. Canada: Electro-Optic in Naval Market, by Commercial – Revenue and Forecast to 2028 (US$ Million)
Table 17. Mexico: Electro-Optic in Naval Market, By Technology– Revenue and Forecast to 2028 (US$ Million)
Table 18. Mexico: Electro-Optic in Naval Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 19. Mexico: Electro-Optic in Naval Market, by End Use – Revenue and Forecast to 2028 (US$ Million)
Table 20. Mexico: Electro-Optic in Naval Market, by Defense – Revenue and Forecast to 2028 (US$ Million)
Table 21. Mexico: Electro-Optic in Naval Market, by Commercial – Revenue and Forecast to 2028 (US$ Million)
Table 22. Europe: Electro-Optic in Naval Market, By Technology– Revenue and Forecast to 2028 (US$ Million)
Table 23. Europe: Electro-Optic in Naval Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 24. Europe: Electro-Optic in Naval Market, by End Use – Revenue and Forecast to 2028 (US$ Million)
Table 25. Europe: Electro-Optic in Naval Market, by Defense – Revenue and Forecast to 2028 (US$ Million)
Table 26. Europe: Electro-Optic in Naval Market, by Commercial – Revenue and Forecast to 2028 (US$ Million)
Table 27. Germany: Electro-Optic in Naval Market, By Technology– Revenue and Forecast to 2028 (US$ Million)
Table 28. Germany: Electro-Optic in Naval Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 29. Germany: Electro-Optic in Naval Market, by End Use – Revenue and Forecast to 2028 (US$ Million)
Table 30. Germany: Electro-Optic in Naval Market, by Defense – Revenue and Forecast to 2028 (US$ Million)
Table 31. Germany: Electro-Optic in Naval Market, by Commercial – Revenue and Forecast to 2028 (US$ Million)
Table 32. France: Electro-Optic in Naval Market, By Technology– Revenue and Forecast to 2028 (US$ Million)
Table 33. France: Electro-Optic in Naval Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 34. France: Electro-Optic in Naval Market, by End Use – Revenue and Forecast to 2028 (US$ Million)
Table 35. France: Electro-Optic in Naval Market, by Defense – Revenue and Forecast to 2028 (US$ Million)
Table 36. France: Electro-Optic in Naval Market, by Commercial – Revenue and Forecast to 2028 (US$ Million)
Table 37. Italy: Electro-Optic in Naval Market, By Technology– Revenue and Forecast to 2028 (US$ Million)
Table 38. Italy: Electro-Optic in Naval Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 39. Italy: Electro-Optic in Naval Market, by End Use – Revenue and Forecast to 2028 (US$ Million)
Table 40. Italy: Electro-Optic in Naval Market, by Defense – Revenue and Forecast to 2028 (US$ Million)
Table 41. Italy: Electro-Optic in Naval Market, by Commercial – Revenue and Forecast to 2028 (US$ Million)
Table 42. UK: Electro-Optic in Naval Market, By Technology– Revenue and Forecast to 2028 (US$ Million)
Table 43. UK: Electro-Optic in Naval Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 44. UK: Electro-Optic in Naval Market, by End Use – Revenue and Forecast to 2028 (US$ Million)
Table 45. UK: Electro-Optic in Naval Market, by Defense – Revenue and Forecast to 2028 (US$ Million)
Table 46. UK: Electro-Optic in Naval Market, by Commercial – Revenue and Forecast to 2028 (US$ Million)
Table 47. Russia: Electro-Optic in Naval Market, By Technology– Revenue and Forecast to 2028 (US$ Million)
Table 48. Russia: Electro-Optic in Naval Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 49. Russia: Electro-Optic in Naval Market, by End Use – Revenue and Forecast to 2028 (US$ Million)
Table 50. Russia: Electro-Optic in Naval Market, by Defense – Revenue and Forecast to 2028 (US$ Million)
Table 51. Russia: Electro-Optic in Naval Market, by Commercial – Revenue and Forecast to 2028 (US$ Million)
Table 52. Rest of Europe: Electro-Optic in Naval Market, By Technology– Revenue and Forecast to 2028 (US$ Million)
Table 53. Rest of Europe: Electro-Optic in Naval Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 54. Rest of Europe: Electro-Optic in Naval Market, by End Use – Revenue and Forecast to 2028 (US$ Million)
Table 55. Rest of Europe: Electro-Optic in Naval Market, by Defense – Revenue and Forecast to 2028 (US$ Million)
Table 56. Rest of Europe: Electro-Optic in Naval Market, by Commercial – Revenue and Forecast to 2028 (US$ Million)
Table 57. Asia Pacific: Electro-Optic in Naval Market, By Technology– Revenue and Forecast to 2028 (US$ Million)
Table 58. Asia Pacific: Electro-Optic in Naval Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 59. Asia Pacific: Electro-Optic in Naval Market, by End Use – Revenue and Forecast to 2028 (US$ Million)
Table 60. Asia Pacific: Electro-Optic in Naval Market, by Defense – Revenue and Forecast to 2028 (US$ Million)
Table 61. Asia Pacific: Electro-Optic in Naval Market, by Commercial – Revenue and Forecast to 2028 (US$ Million)
Table 62. Australia: Electro-Optic in Naval Market, By Technology– Revenue and Forecast to 2028 (US$ Million)
Table 63. Australia: Electro-Optic in Naval Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 64. Australia: Electro-Optic in Naval Market, by End Use – Revenue and Forecast to 2028 (US$ Million)
Table 65. Australia: Electro-Optic in Naval Market, by Defense – Revenue and Forecast to 2028 (US$ Million)
Table 66. Australia: Electro-Optic in Naval Market, by Commercial – Revenue and Forecast to 2028 (US$ Million)
Table 67. China: Electro-Optic in Naval Market, By Technology– Revenue and Forecast to 2028 (US$ Million)
Table 68. China: Electro-Optic in Naval Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 69. China: Electro-Optic in Naval Market, by End Use – Revenue and Forecast to 2028 (US$ Million)
Table 70. China: Electro-Optic in Naval Market, by Defense – Revenue and Forecast to 2028 (US$ Million)
Table 71. China: Electro-Optic in Naval Market, by Commercial – Revenue and Forecast to 2028 (US$ Million)
Table 72. India: Electro-Optic in Naval Market, By Technology– Revenue and Forecast to 2028 (US$ Million)
Table 73. India: Electro-Optic in Naval Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 74. India: Electro-Optic in Naval Market, by End Use – Revenue and Forecast to 2028 (US$ Million)
Table 75. India: Electro-Optic in Naval Market, by Defense – Revenue and Forecast to 2028 (US$ Million)
Table 76. India: Electro-Optic in Naval Market, by Commercial – Revenue and Forecast to 2028 (US$ Million)
Table 77. Japan: Electro-Optic in Naval Market, By Technology– Revenue and Forecast to 2028 (US$ Million)
Table 78. Japan: Electro-Optic in Naval Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 79. Japan: Electro-Optic in Naval Market, by End Use – Revenue and Forecast to 2028 (US$ Million)
Table 80. Japan: Electro-Optic in Naval Market, by Defense – Revenue and Forecast to 2028 (US$ Million)
Table 81. Japan: Electro-Optic in Naval Market, by Commercial – Revenue and Forecast to 2028 (US$ Million)
Table 82. South Korea: Electro-Optic in Naval Market, By Technology– Revenue and Forecast to 2028 (US$ Million)
Table 83. South Korea: Electro-Optic in Naval Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 84. South Korea: Electro-Optic in Naval Market, by End Use – Revenue and Forecast to 2028 (US$ Million)
Table 85. South Korea: Electro-Optic in Naval Market, by Defense – Revenue and Forecast to 2028 (US$ Million)
Table 86. South Korea: Electro-Optic in Naval Market, by Commercial – Revenue and Forecast to 2028 (US$ Million)
Table 87. Rest of APAC: Electro-Optic in Naval Market, By Technology– Revenue and Forecast to 2028 (US$ Million)
Table 88. Rest of APAC: Electro-Optic in Naval Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 89. Rest of APAC: Electro-Optic in Naval Market, by End Use – Revenue and Forecast to 2028 (US$ Million)
Table 90. Rest of APAC: Electro-Optic in Naval Market, by Defense – Revenue and Forecast to 2028 (US$ Million)
Table 91. Rest of APAC: Electro-Optic in Naval Market, by Commercial – Revenue and Forecast to 2028 (US$ Million)
Table 92. Middle East & Africa: Electro-Optic in Naval Market, By Technology– Revenue and Forecast to 2028 (US$ Million)
Table 93. Middle East & Africa: Electro-Optic in Naval Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 94. Middle East & Africa: Electro-Optic in Naval Market, by End Use – Revenue and Forecast to 2028 (US$ Million)
Table 95. Middle East & Africa: Electro-Optic in Naval Market, by Defense – Revenue and Forecast to 2028 (US$ Million)
Table 96. Middle East & Africa: Electro-Optic in Naval Market, by Commercial – Revenue and Forecast to 2028 (US$ Million)
Table 97. Saudi Arabia: Electro-Optic in Naval Market, By Technology– Revenue and Forecast to 2028 (Brazil$ Million)
Table 98. Saudi Arabia: Electro-Optic in Naval Market, by Application – Revenue and Forecast to 2028 (Brazil$ Million)
Table 99. Saudi Arabia: Electro-Optic in Naval Market, by End Use – Revenue and Forecast to 2028 (Brazil$ Million)
Table 100. Saudi Arabia: Electro-Optic in Naval Market, by Defense – Revenue and Forecast to 2028 (US$ Million)
Table 101. Saudi Arabia: Electro-Optic in Naval Market, by Commercial – Revenue and Forecast to 2028 (US$ Million)
Table 102. South Africa: Electro-Optic in Naval Market, By Technology– Revenue and Forecast to 2028 (Brazil$ Million)
Table 103. South Africa: Electro-Optic in Naval Market, by Application – Revenue and Forecast to 2028 (Brazil$ Million)
Table 104. South Africa: Electro-Optic in Naval Market, by End Use – Revenue and Forecast to 2028 (Brazil$ Million)
Table 105. South Africa: Electro-Optic in Naval Market, by Defense – Revenue and Forecast to 2028 (US$ Million)
Table 106. South Africa: Electro-Optic in Naval Market, by Commercial – Revenue and Forecast to 2028 (US$ Million)
Table 107. UAE: Electro-Optic in Naval Market, By Technology– Revenue and Forecast to 2028 (Brazil$ Million)
Table 108. UAE: Electro-Optic in Naval Market, by Application – Revenue and Forecast to 2028 (Brazil$ Million)
Table 109. UAE: Electro-Optic in Naval Market, by End Use – Revenue and Forecast to 2028 (Brazil$ Million)
Table 110. UAE: Electro-Optic in Naval Market, by Defense – Revenue and Forecast to 2028 (US$ Million)
Table 111. UAE: Electro-Optic in Naval Market, by Commercial – Revenue and Forecast to 2028 (US$ Million)
Table 112. Rest of MEA: Electro-Optic in Naval Market, By Technology– Revenue and Forecast to 2028 (Brazil$ Million)
Table 113. Rest of MEA: Electro-Optic in Naval Market, by Application – Revenue and Forecast to 2028 (Brazil$ Million)
Table 114. Rest of MEA: Electro-Optic in Naval Market, by End Use – Revenue and Forecast to 2028 (Brazil$ Million)
Table 115. Rest of MEA: Electro-Optic in Naval Market, by Defense – Revenue and Forecast to 2028 (US$ Million)
Table 116. Rest of MEA: Electro-Optic in Naval Market, by Commercial – Revenue and Forecast to 2028 (US$ Million)
Table 117. South America: Electro-Optic in Naval Market, By Technology– Revenue and Forecast to 2028 (US$ Million)
Table 118. South America: Electro-Optic in Naval Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 119. South America: Electro-Optic in Naval Market, by End Use – Revenue and Forecast to 2028 (US$ Million)
Table 120. South America: Electro-Optic in Naval Market, by Defense – Revenue and Forecast to 2028 (US$ Million)
Table 121. South America: Electro-Optic in Naval Market, by Commercial – Revenue and Forecast to 2028 (US$ Million)
Table 122. Brazil: Electro-Optic in Naval Market, By Technology– Revenue and Forecast to 2028 (Brazil$ Million)
Table 123. Brazil: Electro-Optic in Naval Market, by Application – Revenue and Forecast to 2028 (Brazil$ Million)
Table 124. Brazil: Electro-Optic in Naval Market, by End Use – Revenue and Forecast to 2028 (Brazil$ Million)
Table 125. Brazil: Electro-Optic in Naval Market, by Defense – Revenue and Forecast to 2028 (US$ Million)
Table 126. Brazil: Electro-Optic in Naval Market, by Commercial – Revenue and Forecast to 2028 (US$ Million)
Table 127. Argentina: Electro-Optic in Naval Market, By Technology– Revenue and Forecast to 2028 (US$ Million)
Table 128. Argentina: Electro-Optic in Naval Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 129. Argentina: Electro-Optic in Naval Market, by End Use – Revenue and Forecast to 2028 (US$ Million)
Table 130. Argentina: Electro-Optic in Naval Market, by Defense – Revenue and Forecast to 2028 (US$ Million)
Table 131. Argentina: Electro-Optic in Naval Market, by Commercial – Revenue and Forecast to 2028 (US$ Million)
Table 132. Rest of SAM: Electro-Optic in Naval Market, By Technology– Revenue and Forecast to 2028 (US$ Million)
Table 133. Rest of SAM: Electro-Optic in Naval Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 134. Rest of SAM: Electro-Optic in Naval Market, by End Use – Revenue and Forecast to 2028 (US$ Million)
Table 135. Rest of SAM: Electro-Optic in Naval Market, by Defense – Revenue and Forecast to 2028 (US$ Million)
Table 136. Rest of SAM: Electro-Optic in Naval Market, by Commercial – Revenue and Forecast to 2028 (US$ Million)
Table 137. List of Abbreviation
LIST OF FIGURES
Figure 1. Electro-Optics in Naval Market Segmentation
Figure 2. Electro-Optics in Naval Market Segmentation – By Geography
Figure 3. Global Electro-Optics in Naval Market Overview
Figure 4. Electro-Optics in Naval Market, by Technology
Figure 5. Electro-Optics in Naval Market, by Application
Figure 6. Electro-Optics in Naval Market, by End Use
Figure 7. Electro-Optics in Naval Market, by Geography
Figure 8. Porter’s Five Forces Analysis
Figure 9. Electro-Optics in Naval Market – Ecosystem Analysis
Figure 10. Global Electro-Optics in Naval Market: Impact Analysis of Drivers and Restraints
Figure 11. Geographic Overview of Electro-Optics in Naval Market
Figure 12. Global Electro-Optics in Naval Market Revenue Forecast and Analysis (US$ Million)
Figure 13. Electro-Optics in Naval Market, By Technology (2021 & 2028)
Figure 14. Camera: Electro-Optics in Naval Market Revenue and Forecast to 2028 (US$ Million)
Figure 15. Sensor: Electro-Optics in Naval Market Revenue and Forecast to 2028 (US$ Million)
Figure 16. Laser Range Finders: Electro-Optics in Naval Market Revenue and Forecast to 2028 (US$ Million)
Figure 17. Electro-Optics in Naval Market, By Application (2021 & 2028)
Figure 18. Target Detection, Identification, and Tracking: Electro-Optics in Naval Market Revenue and Forecast to 2028 (US$ Million)
Figure 19. Surveillance: Electro-Optics in Naval Market Revenue and Forecast to 2028 (US$ Million)
Figure 20. Fire Control: Electro-Optics in Naval Market Revenue and Forecast to 2028 (US$ Million)
Figure 21. Others: Electro-Optics in Naval Market Revenue and Forecast to 2028 (US$ Million)
Figure 22. Electro-Optics in Naval Market, By End Use (2021 & 2028)
Figure 23. Defense: Electro-Optics in Naval Market Revenue and Forecast to 2028 (US$ Million)
Figure 24. Frigates: Electro-Optics in Naval Market Revenue and Forecast to 2028 (US$ Million)
Figure 25. Corvettes: Electro-Optics in Naval Market Revenue and Forecast to 2028 (US$ Million)
Figure 26. Destroyers: Electro-Optics in Naval Market Revenue and Forecast to 2028 (US$ Million)
Figure 27. Aircraft Carrier: Electro-Optics in Naval Market Revenue and Forecast to 2028 (US$ Million)
Figure 28. Submarines: Electro-Optics in Naval Market Revenue and Forecast to 2028 (US$ Million)
Figure 29. Others: Electro-Optics in Naval Market Revenue and Forecast to 2028 (US$ Million)
Figure 30. Commercial: Electro-Optics in Naval Market Revenue and Forecast to 2028 (US$ Million)
Figure 31. Cruise Ships: Electro-Optics in Naval Market Revenue and Forecast to 2028 (US$ Million)
Figure 32. Merchant Ships: Electro-Optics in Naval Market Revenue and Forecast to 2028 (US$ Million)
Figure 33. Cargo Ships: Electro-Optics in Naval Market Revenue and Forecast to 2028 (US$ Million)
Figure 34. Global Electro-Optic in Naval Market Revenue Share, By Region (2021 & 2028)
Figure 35. North America: Electro-Optic in Naval Market – Revenue and Forecast to 2028 (US$ Million)
Figure 36. North America: Electro-Optic in Naval Market Revenue Share, By Technology (2021 & 2028)
Figure 37. North America: Electro-Optic in Naval Market Revenue Share, by Application (2021 & 2028)
Figure 38. North America: Electro-Optic in Naval Market Revenue Share, by End Use (2021 & 2028)
Figure 39. North America: Electro-Optic in Naval Market Revenue Share, by Key Country (2021 & 2028)
Figure 40. US: Electro-Optic in Naval Market – Revenue and Forecast to 2028 (US$ Million)
Figure 41. Canada: Electro-Optic in Naval Market – Revenue and Forecast to 2028 (US$ Million)
Figure 42. Mexico: Electro-Optic in Naval Market – Revenue and Forecast to 2028 (US$ Million)
Figure 43. Europe: Electro-Optic in Naval Market – Revenue and Forecast to 2028 (US$ Million)
Figure 44. Europe: Electro-Optic in Naval Market Revenue Share, By Technology (2021 & 2028)
Figure 45. Europe: Electro-Optic in Naval Market Revenue Share, by Application (2021 & 2028)
Figure 46. Europe: Electro-Optic in Naval Market Revenue Share, by End Use (2021 & 2028)
Figure 47. Europe: Electro-Optic in Naval Market Revenue Share, by Key Country (2021 & 2028)
Figure 48. Germany: Electro-Optic in Naval Market – Revenue and Forecast to 2028 (US$ Million)
Figure 49. France: Electro-Optic in Naval Market – Revenue and Forecast to 2028 (US$ Million)
Figure 50. Italy: Electro-Optic in Naval Market – Revenue and Forecast to 2028 (US$ Million)
Figure 51. UK: Electro-Optic in Naval Market – Revenue and Forecast to 2028 (US$ Million)
Figure 52. Russia: Electro-Optic in Naval Market – Revenue and Forecast to 2028 (US$ Million)
Figure 53. Rest of Europe: Electro-Optic in Naval Market – Revenue and Forecast to 2028 (US$ Million)
Figure 54. Asia Pacific: Electro-Optic in Naval Market – Revenue and Forecast to 2028 (US$ Million)
Figure 55. Asia Pacific: Electro-Optic in Naval Market Revenue Share, By Technology (2021 & 2028)
Figure 56. Asia Pacific: Electro-Optic in Naval Market Revenue Share, by Application (2021 & 2028)
Figure 57. Asia Pacific: Electro-Optic in Naval Market Revenue Share, by End Use (2021 & 2028)
Figure 58. Asia Pacific: Electro-Optic in Naval Market Revenue Share, by Key Country (2021 & 2028)
Figure 59. Australia: Electro-Optic in Naval Market – Revenue and Forecast to 2028 (US$ Million)
Figure 60. China: Electro-Optic in Naval Market – Revenue and Forecast to 2028 (US$ Million)
Figure 61. India: Electro-Optic in Naval Market – Revenue and Forecast to 2028 (US$ Million)
Figure 62. Japan: Electro-Optic in Naval Market – Revenue and Forecast to 2028 (US$ Million)
Figure 63. South Korea: Electro-Optic in Naval Market – Revenue and Forecast to 2028 (US$ Million)
Figure 64. Rest of APAC: Electro-Optic in Naval Market – Revenue and Forecast to 2028 (US$ Million)
Figure 65. Middle East & Africa: Electro-Optic in Naval Market – Revenue and Forecast to 2028 (US$ Million)
Figure 66. Middle East & Africa: Electro-Optic in Naval Market Revenue Share, By Technology (2021 & 2028)
Figure 67. Middle East & Africa: Electro-Optic in Naval Market Revenue Share, by Application (2021 & 2028)
Figure 68. Middle East & Africa: Electro-Optic in Naval Market Revenue Share, by End Use (2021 & 2028)
Figure 69. Middle East & Africa: Electro-Optic in Naval Market Revenue Share, by Key Country (2021 & 2028)
Figure 70. Saudi Arabia: Electro-Optic in Naval Market – Revenue and Forecast to 2028 (Brazil$ Million)
Figure 71. South Africa: Electro-Optic in Naval Market – Revenue and Forecast to 2028 (Brazil$ Million)
Figure 72. UAE: Electro-Optic in Naval Market – Revenue and Forecast to 2028 (Brazil$ Million)
Figure 73. Rest of MEA: Electro-Optic in Naval Market – Revenue and Forecast to 2028 (Brazil$ Million)
Figure 74. South America: Electro-Optic in Naval Market – Revenue and Forecast to 2028 (US$ Million)
Figure 75. South America: Electro-Optic in Naval Market Revenue Share, By Technology (2021 & 2028)
Figure 76. South America: Electro-Optic in Naval Market Revenue Share, by Application (2021 & 2028)
Figure 77. South America: Electro-Optic in Naval Market Revenue Share, by End Use (2021 & 2028)
Figure 78. South America: Electro-Optic in Naval Market Revenue Share, by Key Country (2021 & 2028)
Figure 79. Brazil: Electro-Optic in Naval Market – Revenue and Forecast to 2028 (Brazil$ Million)
Figure 80. Argentina: Electro-Optic in Naval Market – Revenue and Forecast to 2028 (US$ Million)
Figure 81. Rest of SAM: Electro-Optic in Naval Market – Revenue and Forecast to 2028 (US$ Million)
Figure 82. Impact of COVID-19 Pandemic on North America Country Markets
Figure 83. Impact of COVID-19 Pandemic on Europe Country Markets
Figure 84. Impact of COVID-19 Pandemic on Asia Pacific Country Markets
Figure 85. Impact of COVID-19 Pandemic on MEA Country Markets
Figure 86. Impact of COVID-19 Pandemic on South America Country Markets
• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the global electro-optics in naval market.
• Highlights key business priorities in order to assist companies to realign their business strategies
• The key findings and recommendations highlight crucial progressive industry trends in the global electro-optics in naval market, thereby allowing players across the value chain to develop effective long-term strategies.
• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
• Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
• Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution
The List of Companies – Electro-Optics in Naval Market
• Safran SA
• L3Harris Technologies Inc
• Ultra
• Tonbo Imaging
• Aselsan AS
• Elbit Systems Ltd
• SAAB AB
• Chess Dynamics Ltd
• Israel Aerospace Industries Ltd
• Naval Group
According to the new research report on “Electro-Optics in Naval Market Forecast to 2028 – COVID-19 Impact and Global Analysis,” published by The Insight Partners, the market is expected to reach US$ 11,139.38 million by 2028; it is estimated to register a CAGR of 4.3% from 2022 to 2028.
Due to the growth in maritime disputes and threats to naval vessel forces, countries are investing in advanced electro-optical systems for maritime applications such as threat detection, surveillance, and target identification. In addition, the growing number of territorial conflicts and border issues increases the risk for maritime assets, leading to an increasing emphasis on surveillance, threat detection, and target identification at sea. Moreover, the tensions among the countries such as China-India, India-Pakistan, China-Taiwan, Russia-China, the US-Russia, and Russia-Ukraine have been pushing the requirement for naval vessel operations, which is driving the demand for electro-optic cameras, sensors, and laser range finders across different regions. In addition, due to such conflicts and tensions, majority of the countries have increased their investments in the procurement of defense technologies, including electro-optic systems, to strengthen their respective armed forces and provide them with stronger and reliable operational solutions. Furthermore, different types of already commissioned naval vessel projects across different countries will be delivered to the respective countries during the forecast period. These factors are likely to generate new opportunities for electro-optics in naval market players in the future.
The rising procurement of advanced systems from the naval forces of European region for applications such as fire control, target detection, surveillance, and tracking is contributing to the Europe electro-optics in naval market growth. The region homes several electro-optics in naval market players, including Hensoldt AG, Aselsan A.S, and Leonardo S.p.A. Increase in product launches and rise in procurement contracts received by these companies from several naval forces are catalyzing the growth of the market in the region. In October 2022, Leonardo S.p.A launched its new Distributed Static Staring-InfraRed Search and Tracking System (DSS-IRST) in EURONAVAL 2022 to ensure enhanced protection across modern naval units. The product is specifically designed for navigational and maritime situational awareness applications.
Based on technology, the electro-optics in naval market is segmented into camera, sensor, laser range finder, and others. By application, the electro-optics in naval market is segmented into target detection, identification, and tracking; surveillance; fire control, and others. Based on end use, the electro-optics in naval market is bifurcated into defense and commercial. By region, the electro-optics in the naval market is segmented into North America, Europe, Asia Pacific, the Middle East & Africa, and South & Central America.
Key Findings of Market Study:
The major stakeholders in the global electro-optics in naval market ecosystem include raw material suppliers, component manufacturers, electro-optic system manufacturers, and end users. The wide range of components used for making electro-optic systems has increased the number of component suppliers in the market. Component suppliers play a crucial role in the supply chain of the market, as they contribute to the electro-optics in naval market growth. Raw material suppliers provide materials to the component manufacturers for producing different components of electro-optic systems that are later supplied to product manufacturers to make the final product and deliver to different end users, including naval forces, cargo ship manufacturers, MRO companies, and vessel operators.
The component manufacturers supply components such as cameras, sensors, lasers, and other small components to the electro-optic system manufacturers that utilize the same to assemble and make the final electro-optics products for naval applications and supply them to their respective end users. Also, there are limited number of electro-optic system manufacturers across different regions that have their own domestic ecosystem to cater to their respective domestic markets, as the global electro-optics in naval market is moderately consolidated with the presence of limited number of vendors across different countries. Also, the vendors are collaboratively working with different naval forces across different regions to understand their respective requirements and provide them reliable solutions for their operational needs.
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