The Infrared Solutions Market report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
New York, NY -- (SBWIRE) -- 03/08/2017 -- Infrared Solutions Market: Drivers
One of the major factors driving the growth of the global Infrared solutions market is the increasing use of these solutions for surveillance operations. Close in weapon systems (CIWS) in naval platforms widely prefer these solutions for target engagement and acquisition. Moreover, additional concerns of governments across the globe regarding combating terrorism is further expected to propel the growth of the global Infrared solutions market. Additionally, increasing demand for infrared solutions in unmanned aerial vehicles (UAVs) and commercial vehicles is further anticipated to escalate the demand for infrared solutions during the forecast period.
Infrared Solutions Market: Market Participants
Some of the market participants identified across the globe in the infrared solutions market are as follows:
-Raytheon Company
-Lockheed Martin Corporation
-Rafael Advanced Defense Systems Ltd.
-L-3 Communications Holdings, Inc.
-BAE Systems Plc.
-Northrop Grumman
-Thales Group
-Rockwell Collins
-Elbit Systems Ltd.
-DRS Technologies
Manufacturers are focusing on cost-effective, small sized, light weight infrared system due to increasing adoption of small unmanned aerial vehicles owing to their tactical advantages.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections done using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, type, machine size and end use.
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Infrared Solutions Market: Region Wise Outlook
Based on regions, North America is expected to be the most prominent revenue generating region for infrared solutions market. However, owing to the cut in its defence budget, North America is expected to witness sluggish growth during the forecast period. Asia Pacific, led by China and India, is projected to be the fastest growing market which can be attributed to the increase in spending on defence in this region. Europe is expected to witness significant growth during the forecast period.
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