Market Overview
The Military Electro Optics Infrared (EO/IR) Systems Market is experiencing steady growth, projected to expand from USD 13,680 million in 2024 to an estimated USD 21,803.84 million by 2032, reflecting a compound annual growth rate (CAGR) of 6% over the forecast period. This growth trajectory is primarily fueled by increasing global defense expenditures and the urgent need for advanced surveillance and targeting systems in modern warfare. EO/IR systems, which offer capabilities lik