NATO militaries to increase their use of electro-optics on combat vehicles through 2015, Frost & Sullivan says
LONDON, 20 Sept. 2011. Demand for electro-optical technology for military land vehicles in NATO countries should be $30.77 billion from 2010 through 2016, predict analysts at Frost & Sullivan, a market research firm in London. Driving the vehicular electro-optics market will be an expected increase in military land vehicle procurements and upgrades in Australia, France, Germany, the United Kingdom, and the United States, triggered by NATO-led military operations in Afghanistan, Frost & Sullivan analysts say in a report entitled Land-Based Optronics Market.
European militaries will use image intensification binoculars and monoculars for surveillance. Investments in thermal imaging technology have not been significant. In the next five to eight years, parts of Europe, Asia, and the Middle East should increase their use of electro-optics on military land vehicles, Frost & Sullivan analysts say.
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