Military Embedded Systems

Avionics - Synthetic Vision

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Optronics for use in airborne platforms to be worth $2.5 billion by 2025, study finds

NORTHBROOK, Ill. The market for airborne optronics -- optical and vision equipment used by armed forces and security personnel for monitoring, identification, and classification purposes -- is projected to grow from $1.4 billion in 2020 to $2.5 billion by 2025, at a CAGR of 12.7% during the study period, according to a new study by MarketsandMarkets, "Airborne Optronics Market by End Use, System, Technology (Hyperspectral, Multispectral), Application (Commercial, Military, Space), Aircraft Type (Fixed Wing, Rotary Wing, Urban Air Mobility, Unmanned Aerial Vehicles) and Region - Forecast to 2025."