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Research and Markets: European Air ISR Sensors (EO/IR) Market Assessment
Dépèche transmise le 1 octobre 2009 par Business Wire
DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/ce72ed/european_air_isr_s) has announced the addition of Frost & Sullivan's new report "European Air ISR Sensors (EO/IR) Market Assessment" to their offering.
New Security Threats and Multinational Operations Boost European Air ISR Sensors (EO/IR) Market
The need for force modernisation, increasing new dimensions of security threats and the rising number of multinational, combined forces exercises is spurring countries across Europe to procure more aircrafts and rotorcrafts. This is providing a fillip to the European air intelligence, surveillance and reconnaissance (ISR) sensors (EO/IR) market. The market is highly competitive with a large number of participants. For the most part, these participants operate on a global level, except for some, whose operations are currently limited to the regional level. "The market holds considerable potential due to countries in Europe opting to procure fourth and fifth generation aircrafts," notes the analyst of this research. "With most aircrafts in current service with the armed forces in need of upgrades with the latest technology, there is significant growth potential for industry participants in this particular market."
Sizeable business potential awaits market participants due to force modernisation plans across European countries. Most militaries have plans to procure special mission aircraft for tactical and strategic surveillance and equip their forces with the latest technology. Partnerships and joint ventures are the key trends in the market and are set to continue as it allows participants to exchange innovative ideas and devise unique products. R&D activity will remain a key trend in the upcoming years as companies focus on new technologies for military applications, motivating countries to acquire advanced products.
Achieving Interoperatibility and Timely Delivery are Key Challenges
Meeting European Union (EU) and/or NATO standards is a central trend in all defence-related markets. This is in order to ensure interoperability among member countries. With increasing multinational operations, meeting NATO and EU-specified standards will remain a key challenge. Another challenge relates to the timely meeting of delivery schedules. "Delays might be due to bureaucratic negotiations or other policy and legislation related issues," states the analyst "Agreeing to a conservative delivery schedule would help industry participants address this particular challenge."
Infrared sensors and electro-optic sensors are the two critical elements in an aircraft/rotorcraft that are required to provide target locking, night vision, enemy detection and many other vital functions. Achieving all-electric aircraft in military applications can pave the way for more advanced electro-optic/infrared sensors implementation in ISR.
This Frost & Sullivan research service titled European Air ISR Sensors (EO/IR) Market Assessment identifies trends for the European air ISR sensors (EO/IR) market for military aircraft and command platforms. It provides market forecasts for different types of air ISR sensors that is, EO/IR systems across Europe from 2008 to 2017. A quantitative and qualitative study of the market is provided along with a discussion of market opportunities from 2008 to 2017. Key market drivers, restraints and industry challenges are evaluated. The research also analyses the strategic positioning of market leaders and assesses strategic gaps in the market as well as viable growth opportunities. In this research, Frost & Sullivan's expert analysts thoroughly examine the following markets: rotorcraft, fighter aircraft and fixed-wing aircraft.
Key Topics Covered:
- 1. Executive Summary
- 2. Research Methodology
- 3. Economic Impact
- 4. European Air ISR Sensors (EO/IR) Market
- 5. Industry Challenges, Market Drivers and Restraints
- 6. European Air ISR Sensors (EO/IR) Market Forecasts
- 7. Scenario Analysis
- 8. European Air ISR Sensors (EO/IR) Market: Market Analysis by Country
- 9. Strategic Recommendations
- 10. About Frost & Sullivan
For more information visit http://www.researchandmarkets.com/research/ce72ed/european_air_isr_s
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