The Worldwide Airborne Optronics Industry is Projected to Reach $2.5 Billion by 2025 at a CAGR of 12.7% from 2020
Share this article Share this article ResearchAndMarkets.com's offering. The global airborne optronics market size is projected to grow from USD 1.4 billion in 2020 to USD 2.5 billion by 2025, at a CAGR of 12.7% from 2020 to 2025. The market is driven by various factors, such as a growing fleet of commercial and combat aircraft and increased deployment of electro-optics in unmanned vehicles. The airborne optronics market includes major players Northrop Grumman Corporation (US), Thales SA (France), Safran (France), FLIR Systems, Inc. (US), and Elbit Systems Ltd. (Israel). These players have sp...
Source: prnewswire.com