EO/IR gimbals market is projected to depict a prominent growth during the forecast period, owing to various factors such as increase in demand for intelligent sensors & sighting devices, countermeasures, and reconnaissance. Launch of upgraded technologies product in the similar field is a major factor that limits the market growth. Some of the prominent features of EO/IR gimbals are object tracking, real-time video stabilization, navigation, on-board video encoding, anti-vibration, and GEO-lock.

Allied Market Research published report, titled, “EO/IR Gimbal Market by Product Type (2-axis EO/IR Gimbals and 3-axis EO/IR Gimbals), and End Use (UAV/UAS, Defense, Marine, Law Enforcement, and Others): Global Opportunity Analysis and Industry Forecast, 2020–2027

The EO/IR Gimbals Market report provides a comprehensive study of major driving factors that impact the market along with an analysis of top 10 market players, recent market developments, and pivotal trends. The report covers a detailed study of major determinants of the global market such as drivers, challenges, restraints, and upcoming opportunities.

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The EO/IR Gimbals Market report includes a comprehensive analysis of the top 10 market players that are currently leading the market. In addition, the study includes a thorough financial analysis, SWOT profile, business strategies, recently launched products & services, and business overview of the market players. The report covers recent market developments including market expansion, partnerships & collaborations, mergers & acquisitions, and new product launches. This analysis stakeholders and new business entrants to understand the latest market trends and formulate new business strategies.

The key market players analyzed in the report are Leonardo DRS, CONTROP Precision Technologies Ltd., L3Harris Wescam, Ascent Vision Technologies LLC, FLIR Systems, Inc., Lockheed Martin, PVP Advanced EO Systems, I2Tech, Harris Aerial, AeroVironment, Inc., Ukrspecsystems, ZHIYUN, and MERIO

The EO/IR Gimbals Market study outlines the latest driving factors of the market along with prime challenges in the market growth. Moreover, the study includes the analysis of restraining factors that affect market growth. This analysis helps major stakeholders and new business entrants to understand the market dynamics and formulate strategies to maintain their foothold in the market and gain an advantage using the lucrative opportunities in the market.

The EO/IR Gimbals Market report offers detailed information regarding major end-users of the market and annual forecast during the forecast period. In addition, it provides an accurate revenue forecast for every year along with sales growth. These forecasts are offered by skilled analysts in the EO/IR Gimbals Market and after a thorough study of the market across various regions of the market. Thus, these forecasts are a vital source of information for understanding the lucrative prospects of the industry.

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The report offers an in-depth analysis of the Covid-19 impact on the EO/IR Gimbals Market. Since the Covid-19 outbreak, several countries closed their borders to curb the spread of infection and imposed strict regulations regarding lockdown and social distancing. This disrupted the supply chain of the EO/IR Gimbals Market. Moreover, the lack of workforce and operation of manufacturing factories at half of their capacity negatively affected the market. However, the majority of the governments across the globe have launched vaccination drives, which will help the market to get back on track.

The EO/IR Gimbals Market growth is studied across several regions and the report highlights several factors that affect the market performance across these regions including North America (United States, Canada, and Mexico), Asia-Pacific (China, Japan, Korea, India, and Southeast Asia), Europe (Germany, France, UK, Russia, and Italy), South America (Brazil, Argentina, Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa).

Key offering of the Report:

  • Key driving factors: An in-depth study of the dynamic factors such as drivers, restraints, challenges, and opportunities
  • Current market trends & forecasts: A comprehensive study of the EO/IR Gimbals Market along with recent market trends and forecasts during the forecast period to help customers make an informed decision and formulate lucrative business strategies
  • Segmental Analysis: A study of each segment coupled with driving factors and growth rate analysis of every segment
  • Geographical analysis: An in-depth analysis of the market across several geographical regions that help market players to leverage fruitful market opportunities
  • Competitive landscape: A study of prime market players that are currently leading the EO/IR Gimbals Market

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Key Market Segments

  • By Product Type
    • 2-axis EO/IR gimbals
    • 3-axis EO/IR gimbals
  • By End Use
    • UAV/UAS
    • Defense
    • Marine
    • Law Enforcement
    • Others
  • By Region
    • U.S.
    • Rest of the World

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