Marketsandmarkets
Electro-Optical Market worth $18.42 Billion by 2020 The market is projected to cross $18.42 Billion by 2020, growing at a CAGR of 3.00% from 2014 to 2020.
2014
Electro-Optical Market worth $18.42 Billion by 2020 According to a new market research report of "Electro-Optical Market by Product (Infrared and Laser), by Segments (Defense, Aerospace, and Homeland Security), by Application (Airborne, Naval and Landbased 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 The EO 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. Early buyers will receive 10% customization on this report. http://www.marketsandmarkets.com/requestCustomization.asp?id=234736604 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. M&M covers thirteen industry verticals, including advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy
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