Connected Building Market Outlook, Business Strategies, Challenges Forecasts To 2024-2030 Request for Sample: https://www.stellarmr.com/report/req_sample/Connected-Building-Market/686 The market is gaining momentum as these buildings can reduce operating costs, tenant management, security management, and building performance management. The emergence of 5G technology and the rise in smart city projects are expected to create favourable opportunities for the growth of the smart building industry.

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The global electro-optical/infrared (EO/IR) systems market size is expected to reach USD 20.36 billion by 2026, exhibiting a CAGR of 5.84% during the forecast period. We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future. Competitive Landscape: Contract Bagged by Elbit Systems to Accelerate Market Potential Elbit Systems Ltd., an Israeli defense electronics company, announced that its subsidiary, Elbit Systems of America LLC, has been awarded a contract by Raytheon Company, a major manufacturer of military electronics and weapons for the U.S. defense industry. The contract is for the delivery of the Two-Color Laser System (TCLS) for the Multi-Spectral Targeting System, which is expected to increase revenue in the electro-optical/infrared (EO/IR) systems market due to TCLS's capabilities in airborne missions. The TCLS technology is used in various military airborne platforms, including next-generation targeting systems on unmanned aerial vehicles. Elbit Systems of America's President and CEO, Raanan Horowitz, stated that the Two-Color Laser System enhances targeting accuracy and flexibility while reducing the potential for collateral damage, which are essential attributes for the success of U.S. warfighters on their missions. Nonetheless, the growing adoption of advanced sensors integrated systems for military applications will drive the electro-optical/infrared (EO/IR) systems market share in the foreseeable. The rising demand for unmanned vehicles for detection and surveillance will perpetually support the growth of market. Browse Summary Of This Research Report: https://www.fortunebusinessinsights.com/u-s-electro-optics-infrared-systems-market-104533 Objectives of the Report To carefully analyze and forecast the size of theElectro Optical Infrared EO/IR Systems Market Size by value and volume. To estimate the market shares of major segments of the Industry To highlight the development of theElectro Optical Infrared EO/IR Systems Market Size in different parts of the world. To analyze and study micro-markets in terms of their contributions, prospects, and individual growth trends. To offer precise and useful details about factors affecting revenue growth over the forecast period. To provide a meticulous assessment of crucial business strategies used by leading companies operating in theElectro Optical Infrared EO/IR Systems Market size, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments, and product launches. Regional Analysis: Rising Emphasis on Border Security to Propel Market in Asia Pacific The market in North America stood at USD 6.21 billion and is expected to grow rapidly in the forthcoming years owing to the presence of major players in the region. Asia Pacific is predicted to witness a high growth rate in the forthcoming years due to the rising military expenditure. The increasing border security will subsequently foster the growth of the market in the region. The increasing technological advancement in military electronics will facilitate growth in the region. The rising development and production of high-class military aircrafts and UAVs for military operations will favor healthy growth in Asia Pacific. The growing deals and agreements among players will consequently bode well for the market in Asia Pacific. For instance, Elbit Systems Ltd. announced that it was granteda deal of approximately $670 million contract to supply defense solutions to a country in Asia-Pacific. The contract will be performed over a 25-month period.

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