Advanced Military Robots and Electro Optic Infrared Systems Market 2018 Analyzed in New Research Reports at ReportsnReports.com
Dallas, Texas (PRWEB) April 24, 2014 -- Outdated defense technology can cripple armies and pose a challenge to homeland security. To keep abreast with emerging technologies and changing environments, the Defense sector is investing heavily in R&D to make military robots more versatile and efficient. For instance, there has been an increase in the demand for military robots that require low maintenance. Therefore, with the increase in R&D, the demand for advanced military robots is also increasing.
Analysts forecast the Global Military Robot market will grow at a CAGR of 10.26 percent over the period 2013-2018. According to the report, one of the major drivers in this market is the increase in international conflicts, as a result of which the demand for military robots is expected to increase.
The report covers the present scenario and the growth prospects of the Global Military Robot market during the period 2014-2018. To calculate market size, it considers the annual revenue generated from the sales of military robots to the military. The report also presents the vendor landscape and a corresponding detailed analysis of the top four vendors in the market in 2013.
Global Military Robot Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas and the EMEA and APAC regions; it also covers the Global Military Robot market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Purchase Report @ http://www.reportsnreports.com/purchase.aspx?name=280683.
Key Vendors
• BAE Systems plc
• General Dynamics Corp.
• Israel Aerospace Industries Ltd.
• SAAB AB
Other Prominent Vendors
• AAI Corp.
• ASV Ltd.
• Atlas Elektronik GmbH
• Bluefin Robotics Corp.
• Boston Dynamics Inc.
• Eca Robotics
• Elbit Systems Ltd.
• Kongsberg Maritime AS
• Rafael Advanced Defense Systems Ltd.
• Remotec UK Ltd.
• Rheinmetall AG
• Robotic FX Inc.
• Samsung Group
Further, the report states that one of the major challenges that vendors face is the rapid technological changes taking place in the market, as a result of which the profit margins of the vendors are reducing because they need to invest more to upgrade their systems.
The Global Defense industry is investing extensively in R&D. In an attempt to improve the existing technology, vendors are developing systems that can help augment endurance and efficiency of weapons in hostile atmospheric conditions. For instance, there is an increase in the demand for EO/IR systems that require low maintenance and do not get overheated when used heavily.
According to the report, the growth of the Global EO/IR Systems market is driven by several factors, of which an increase in the international conflicts is the major driver. For instance, over the past few years, there has been an increase in the number of international conflicts, such as the Syrian civil war and the Lebanon conflict. This rising tension across borders has led to an increase in the demand for EO/IR systems globally.
This report covers the present scenario and the growth prospects of the Global Military Electro Optical Infrared Systems market during the period 2014-2018. The report considers 2013 as the base year and provides data for the trailing 12 months. To calculate the market size, it considers the annual revenue generated from the sale of EO/IR systems to the military for its ground, naval, airborne, and UAV platforms. The report also presents the vendor landscape of the market and a corresponding detailed analysis of the top four market vendors in 2013.
Global Military Electro Optical Infrared Systems Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Military Electro Optical Infrared Systems market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key Vendors
• BAE Systems plc
• Israel Aerospace Industries Ltd.
• Raytheon Co.
• General Dynamics Corp.
• Thales SA
Purchase Report @ http://www.reportsnreports.com/purchase.aspx?name=280682.
Other Prominent Vendors
• DRS Technologies
• Elbit Systems Ltd.
• EOIR Technologies Inc.
• FLIR Systems
• Harris Corp.
• L3 Wescam
• Lockheed Martin Corp.
• Northrop Grumman Corp.
• Theon Sensors SA
• Ultra Electronics Holding
Further, the report states that one such challenge is the rapid technological changes taking place in the market. Because of these changes, vendors have to invest more to upgrade their current EO/IR systems. This reduces the profit margins of the vendors.
Explore other new reports by Infiniti Research @ http://www.reportsnreports.com/publisher/infiniti-research-limited/.
About Us
ReportsnReports.com is an online market research reports library of 200,000+ reports and in-depth studies of 5000+ micro markets. Call +1 888 391 5441 with your industry research requirements or email the details on sales at reportsandreports.com.
Priyank Tiwari, ReportsnReports, http://www.reportsnreports.com/, +1 (888) 391-5441, [email protected]
Share this article