Sea-based Military Electro-optical And Infrared Systems Market Share

Market Share of Sea-based Military Electro-optical And Infrared Systems Industry

The sea-based military electro-optical & IR systems market is semi-consolidated as only a few players account for a major market share. Companies such as Elbit Systems Ltd, Rheinmetall AG, Teledyne FLIR LLC, Thales, and Safran SA dominate the market. The market is witnessing much innovation in technologies like long-distance and infrared ranging and sensor fusion. The key players in the market compete on the price and quality of the products, and the growing naval market provides a huge opportunity for key players to generate revenues by gaining new installation and system upgrade contracts.

Sea-Based Military Electro-Optical & IR Systems Market Leaders

1. Rheinmetall AG

2. Elbit Systems Ltd.

3. Teledyne FLIR LLC

4. THALES

5. Safran SA

*Disclaimer: Major Players sorted in no particular order