Research and Markets Adds Report: European Air ISR Sensors (EO/IR) Market Assessment

Research and Markets has announced the addition of Frost & Sullivan's new report "European Air ISR Sensors (EO/IR) Market Assessment" to its offerings.

In a release, Research and Markets noted that report highlights include:

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.

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 development ideas and devise 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 products.

Report information:

http://www.researchandmarkets.com/research/ce72ed/european_air_isr_s

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