Global EO and IR Gimbal market cagr 11.30%

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EO and IR Gimbal Market

EO and IR Gimbal Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031

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EO and IR Gimbal Market Size and Growth

The EO and IR Gimbal market research reports analyze market conditions, trends, and opportunities for growth. The market size for EO and IR Gimbals is projected to reach $1.5 billion by 2025, driven by increasing demand for surveillance and monitoring applications in military, aerospace, and commercial sectors.

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Companies Covered (Covid 19 Impact Covered)

◍ China North Industries Group

◍ Teledyne FLIR

◍ Northrop Grumman

◍ Elbit Systems

◍ L3Harris Wescam

◍ Safran

◍ Leonardo DRS

◍ Collins Aerospace

◍ Controp

◍ Edge Autonomy

◍ Ascent Vision Technologies (AVT)

The EO and IR Gimbal Market is highly competitive with key players such as North Industries Group, Teledyne FLIR, Northrop Grumman, Elbit Systems, L3Harris

Wescam, Safran, Leonardo DRS, Collins Aerospace, Controp, Edge Autonomy, and Ascent Vision Technologies. These companies provide advanced technology for defense, surveillance, and industrial applications, contributing to the growth of the market.

- Teledyne FLIR: $2.1 billion

- Northrop Grumman: $30 billion

- L3Harris Wescam: $18.2 billion

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Market Segmentation

By Application

◍ Military

◍ Civil

By Product

◍ 2-axis EO/IR Gimbals

◍ 3-axis EO/IR Gimbals

◍ Others

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Market Growth

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$ 6.90 Billion

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