L3HARRIS TECHNOLOGIES INC, ASELSAN AS, THALES SA, TELEDYNE FLIR LLC, AND ELBIT SYSTEMS LTD ARE AMONG THE KEY MARKET PLAYERS OPERATING IN THE ELECTRO-OPTICS IN NAVAL MARKET.
The naval electro-optics systems consist of multi-sensor imaging modules catering to the needs for surveillance, monitoring, fire control, and panoramic search-and-track. In addition, the electro-optic enables the detection of all airborne and surface threats, both symmetrical and asymmetrical, regardless of the time of the day and weather conditions. Moreover, for high sea and coastal security operations, electro-optic systems provide surveillance, fire control, and air defense systems for several surface vessels, including aircraft carriers, frigates, corvettes, ocean and coastal patrol boats, and high-speed craft. Moreover, electro optic sensors are operational in various airborne, ground, and naval applications, providing position and orientation data required for operation and target acquisition. Also, the sensors provide early-warning, abnormal activity monitoring, incident management, and comprehensive observation and reaction capabilities.
Furthermore, electro-optic has enabled successful mission execution, possessing unique features and capabilities best suited for naval targeting, surveillance, and situational awareness. Companies in the market are designing an electro-optic solution to provide superior operation and surveillance in a lightweight and lower-cost package that effectively supports multiple mission requirements for full-spectrum surface detection, identification, surveillance, and target assessment.
Based on technology, the electro-optic in the naval market is segmented into camera, sensor, laser range finder, and others. The camera segment dominated electro-optic market in 2021, as electro-optic camera in maritime imaging systems provides a critical capability to enhance navigation, intelligence, surveillance, and reconnaissance. By application, the market is segmented into target detection identification and tracking, surveillance, fire control, and others. Based on end use, the market is bifurcated into defense and commercial. The defense segment is further segregated into frigates, corvettes, destroyers, aircraft carriers, submarines, and others. The defense segment acquired major electro-optic market share in 2021 due to rapid incorporation of unmanned surface vehicle (USV) in the defense industry, which are remotely controlled and highly autonomous—conducts a wide spectrum of defense and maritime security missions. The commercial segment is further classified into cruise ships, merchant vessels, and cargo ships. By region, the market is segmented into North America, Europe, Asia Pacific, the Middle East & Africa, and South & Central America.
Report: https://www.theinsightpartners.....com/reports/electro
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