Naval Sensor (EO-IR) Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Naval Sensor (EO-IR) Market Size and Growth
The global Naval Sensor (EO-IR) market is projected to reach a size of $3.5 billion by 2026, growing at a CAGR of 6.2%. The market is driven by increasing naval modernization efforts, rising demand for surveillance and reconnaissance capabilities, and technological advancements in EO-IR sensor technologies. Key players in the market include Lockheed Martin, Raytheon Company, Thales Group, BAE Systems, and L3Harris Technologies.
Companies Covered (Covid 19 Impact Covered)
◍ Airbus Group
◍ BAE Systems PLC
◍ Elbit Systems Ltd
◍ Excelitas Technologies
◍ Exelis Inc
◍ Finmeccanica SpA
◍ FLIR Systems Inc
◍ General Dynamics Corporation
◍ Israel Aerospace Industries Ltd
◍ L-3 Communications Holdings
◍ Leidos
◍ Lockheed Martin Corporation
◍ Northrop Grumman Corporation
◍ Rafael Advanced Defense Systems Ltd
◍ Raytheon Company
◍ Rockwell Collins Inc
◍ Textron Inc
◍ Thales Group
The Naval Sensor (EO-IR) market is highly competitive with key players like BAE Systems, Lockheed Martin, and Raytheon. These companies provide advanced sensor technology for naval applications, enhancing surveillance and targeting capabilities. Sales revenue figures for some companies: Lockheed Martin ($59.8 billion), Raytheon ($25.3 billion), BAE Systems ($22.1 billion).
- Lockheed Martin: $59.8 billion
- Raytheon: $25.3 billion
- BAE Systems: $22.1 billion
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