The EO IR Gimbal Market is expected to register a CAGR of 11.0% from 2025 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.
The report is segmented by Product Type (2 Axis EO IR Gimbals, 3 Axis EO IR Gimbals); End-User (UAV UAS, Defense, Marine, Law Enforcement, Others). The global analysis is further broken-down at regional level and major countries. The report offers the value in USD for the above analysis and segments
Purpose of the ReportThe report EO IR Gimbal Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
EO IR Gimbal Market Segmentation
Product Type- 2 Axis EO IR Gimbals
- 3 Axis EO IR Gimbals
- UAV UAS
- Defense
- Marine
- Law Enforcement
- Others
Strategic Insights
EO IR Gimbal Market Growth Drivers- Growing Military and Defense Expenditure: The global EO IR (Electro-Optical and Infrared) gimbal market is driven by rising military and defense expenditure. EO IR gimbals are essential in surveillance, target acquisition, and reconnaissance. Thus, EO IR gimbals form an indispensable part of the modern defense system. The demand is increasing since countries are focusing on developing high-tech, precision technologies for national security and border protection.
- Advancements in Surveillance Technology: The increased requirement for better security and surveillance products has been one of the biggest drivers. EO IR gimbals provide the best image and allow continuous, real-time viewing in adverse weather and lighting conditions, which is crucial for both military and civilian applications like border patrol and public safety, which creates a strong growth prospect for the market.
- Integration with Drones/UAVs: It enhances remote sensing and real-time data collection with high precision. This technology allows UAVs to perform advanced surveillance and intelligence gathering, which is very essential for military operations, disaster response, and security monitoring. Situational awareness and operational efficiency have greatly improved through the combination of EO IR systems and UAVs.
- Miniaturization and Lightweight Design: There is an ongoing trend towards the miniaturization of EO/IR gimbals, making them smaller, lighter, and more versatile for various applications. These compact systems are highly favored for integration into drones, handheld devices, and smaller UAVs. The demand for lightweight gimbals, especially in defense, industrial, and commercial sectors, is on the rise, with manufacturers increasingly focusing on providing high-performance systems without compromising on size.
- Expansion in Search and Rescue Operations: EO/IR gimbals provide valuable capabilities for search-and-rescue (SAR) operations, offering real-time visual and thermal imaging to locate people or vehicles in challenging environments. The growing need for effective search-and-rescue operations in both remote and urban areas presents a significant opportunity for gimbal manufacturers. With their enhanced ability to detect heat signatures and provide precise imagery, these systems are vital tools for rescuers and emergency response teams.
- Increased Adoption in Commercial Drones: The expanding commercial drone market, driven by industries like agriculture, construction, and energy, presents significant growth opportunities for EO/IR gimbals. As companies look to monitor agricultural fields, inspect infrastructure, or survey construction sites from the air, EO/IR gimbals offer the necessary visual and thermal data collection capabilities. Their use in drones for industrial inspections, mapping, and surveillance is expected to continue to grow.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the EO IR Gimbal Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the EO IR Gimbal Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
REGIONAL FRAMEWORK
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- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
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to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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to country scope.
Frequently Asked Questions
Some of the customization options available based on the request are an additional 3-5 company profiles and country-specific analysis of 3-5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation# as our team would review the same and check the feasibility
The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request
Integration with drones and UAVs to play a significant role in the global EO IR gimbal market in the coming years
Growing military and defense expenditure and advancements in surveillance technology are the major factors driving the EO IR gimbal market
The EO IR Gimbal Market is estimated to witness a CAGR of 11.0% from 2023 to 2031
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 EO IR Gimbal Market - By Product Type
1.3.2 EO IR Gimbal Market - By End-User
1.3.3 EO IR Gimbal Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. EO IR GIMBAL MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. EO IR GIMBAL MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. EO IR GIMBAL MARKET - GLOBAL MARKET ANALYSIS
6.1. EO IR GIMBAL - GLOBAL MARKET OVERVIEW
6.2. EO IR GIMBAL - GLOBAL MARKET AND FORECAST TO 2027
6.3. MARKET POSITIONING/MARKET SHARE
7. EO IR GIMBAL MARKET - REVENUE AND FORECASTS TO 2027 - PRODUCT TYPE
7.1. OVERVIEW
7.2. PRODUCT TYPE MARKET FORECASTS AND ANALYSIS
7.3. 2 AXIS EO IR GIMBALS
7.3.1. Overview
7.3.2. 2 Axis EO IR Gimbals Market Forecast and Analysis
7.4. 3 AXIS EO IR GIMBALS
7.4.1. Overview
7.4.2. 3 Axis EO IR Gimbals Market Forecast and Analysis
8. EO IR GIMBAL MARKET - REVENUE AND FORECASTS TO 2027 - END-USER
8.1. OVERVIEW
8.2. END-USER MARKET FORECASTS AND ANALYSIS
8.3. UAV UAS
8.3.1. Overview
8.3.2. UAV UAS Market Forecast and Analysis
8.4. DEFENSE
8.4.1. Overview
8.4.2. Defense Market Forecast and Analysis
8.5. MARINE
8.5.1. Overview
8.5.2. Marine Market Forecast and Analysis
8.6. LAW ENFORCEMENT
8.6.1. Overview
8.6.2. Law Enforcement Market Forecast and Analysis
8.7. OTHERS
8.7.1. Overview
8.7.2. Others Market Forecast and Analysis
9. EO IR GIMBAL MARKET REVENUE AND FORECASTS TO 2027 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America EO IR Gimbal Market Overview
9.1.2 North America EO IR Gimbal Market Forecasts and Analysis
9.1.3 North America EO IR Gimbal Market Forecasts and Analysis - By Product Type
9.1.4 North America EO IR Gimbal Market Forecasts and Analysis - By End-User
9.1.5 North America EO IR Gimbal Market Forecasts and Analysis - By Countries
9.1.5.1 United States EO IR Gimbal Market
9.1.5.1.1 United States EO IR Gimbal Market by Product Type
9.1.5.1.2 United States EO IR Gimbal Market by End-User
9.1.5.2 Canada EO IR Gimbal Market
9.1.5.2.1 Canada EO IR Gimbal Market by Product Type
9.1.5.2.2 Canada EO IR Gimbal Market by End-User
9.1.5.3 Mexico EO IR Gimbal Market
9.1.5.3.1 Mexico EO IR Gimbal Market by Product Type
9.1.5.3.2 Mexico EO IR Gimbal Market by End-User
9.2. EUROPE
9.2.1 Europe EO IR Gimbal Market Overview
9.2.2 Europe EO IR Gimbal Market Forecasts and Analysis
9.2.3 Europe EO IR Gimbal Market Forecasts and Analysis - By Product Type
9.2.4 Europe EO IR Gimbal Market Forecasts and Analysis - By End-User
9.2.5 Europe EO IR Gimbal Market Forecasts and Analysis - By Countries
9.2.5.1 Germany EO IR Gimbal Market
9.2.5.1.1 Germany EO IR Gimbal Market by Product Type
9.2.5.1.2 Germany EO IR Gimbal Market by End-User
9.2.5.2 France EO IR Gimbal Market
9.2.5.2.1 France EO IR Gimbal Market by Product Type
9.2.5.2.2 France EO IR Gimbal Market by End-User
9.2.5.3 Italy EO IR Gimbal Market
9.2.5.3.1 Italy EO IR Gimbal Market by Product Type
9.2.5.3.2 Italy EO IR Gimbal Market by End-User
9.2.5.4 Spain EO IR Gimbal Market
9.2.5.4.1 Spain EO IR Gimbal Market by Product Type
9.2.5.4.2 Spain EO IR Gimbal Market by End-User
9.2.5.5 United Kingdom EO IR Gimbal Market
9.2.5.5.1 United Kingdom EO IR Gimbal Market by Product Type
9.2.5.5.2 United Kingdom EO IR Gimbal Market by End-User
9.2.5.6 Russia EO IR Gimbal Market
9.2.5.6.1 Russia EO IR Gimbal Market by Product Type
9.2.5.6.2 Russia EO IR Gimbal Market by End-User
9.2.5.7 Rest of Europe EO IR Gimbal Market
9.2.5.7.1 Rest of Europe EO IR Gimbal Market by Product Type
9.2.5.7.2 Rest of Europe EO IR Gimbal Market by End-User
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific EO IR Gimbal Market Overview
9.3.2 Asia-Pacific EO IR Gimbal Market Forecasts and Analysis
9.3.3 Asia-Pacific EO IR Gimbal Market Forecasts and Analysis - By Product Type
9.3.4 Asia-Pacific EO IR Gimbal Market Forecasts and Analysis - By End-User
9.3.5 Asia-Pacific EO IR Gimbal Market Forecasts and Analysis - By Countries
9.3.5.1 Australia EO IR Gimbal Market
9.3.5.1.1 Australia EO IR Gimbal Market by Product Type
9.3.5.1.2 Australia EO IR Gimbal Market by End-User
9.3.5.2 China EO IR Gimbal Market
9.3.5.2.1 China EO IR Gimbal Market by Product Type
9.3.5.2.2 China EO IR Gimbal Market by End-User
9.3.5.3 India EO IR Gimbal Market
9.3.5.3.1 India EO IR Gimbal Market by Product Type
9.3.5.3.2 India EO IR Gimbal Market by End-User
9.3.5.4 Japan EO IR Gimbal Market
9.3.5.4.1 Japan EO IR Gimbal Market by Product Type
9.3.5.4.2 Japan EO IR Gimbal Market by End-User
9.3.5.5 South Korea EO IR Gimbal Market
9.3.5.5.1 South Korea EO IR Gimbal Market by Product Type
9.3.5.5.2 South Korea EO IR Gimbal Market by End-User
9.3.5.6 Rest of Asia-Pacific EO IR Gimbal Market
9.3.5.6.1 Rest of Asia-Pacific EO IR Gimbal Market by Product Type
9.3.5.6.2 Rest of Asia-Pacific EO IR Gimbal Market by End-User
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa EO IR Gimbal Market Overview
9.4.2 Middle East and Africa EO IR Gimbal Market Forecasts and Analysis
9.4.3 Middle East and Africa EO IR Gimbal Market Forecasts and Analysis - By Product Type
9.4.4 Middle East and Africa EO IR Gimbal Market Forecasts and Analysis - By End-User
9.4.5 Middle East and Africa EO IR Gimbal Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa EO IR Gimbal Market
9.4.5.1.1 South Africa EO IR Gimbal Market by Product Type
9.4.5.1.2 South Africa EO IR Gimbal Market by End-User
9.4.5.2 Saudi Arabia EO IR Gimbal Market
9.4.5.2.1 Saudi Arabia EO IR Gimbal Market by Product Type
9.4.5.2.2 Saudi Arabia EO IR Gimbal Market by End-User
9.4.5.3 U.A.E EO IR Gimbal Market
9.4.5.3.1 U.A.E EO IR Gimbal Market by Product Type
9.4.5.3.2 U.A.E EO IR Gimbal Market by End-User
9.4.5.4 Rest of Middle East and Africa EO IR Gimbal Market
9.4.5.4.1 Rest of Middle East and Africa EO IR Gimbal Market by Product Type
9.4.5.4.2 Rest of Middle East and Africa EO IR Gimbal Market by End-User
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America EO IR Gimbal Market Overview
9.5.2 South and Central America EO IR Gimbal Market Forecasts and Analysis
9.5.3 South and Central America EO IR Gimbal Market Forecasts and Analysis - By Product Type
9.5.4 South and Central America EO IR Gimbal Market Forecasts and Analysis - By End-User
9.5.5 South and Central America EO IR Gimbal Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil EO IR Gimbal Market
9.5.5.1.1 Brazil EO IR Gimbal Market by Product Type
9.5.5.1.2 Brazil EO IR Gimbal Market by End-User
9.5.5.2 Argentina EO IR Gimbal Market
9.5.5.2.1 Argentina EO IR Gimbal Market by Product Type
9.5.5.2.2 Argentina EO IR Gimbal Market by End-User
9.5.5.3 Rest of South and Central America EO IR Gimbal Market
9.5.5.3.1 Rest of South and Central America EO IR Gimbal Market by Product Type
9.5.5.3.2 Rest of South and Central America EO IR Gimbal Market by End-User
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. EO IR GIMBAL MARKET, KEY COMPANY PROFILES
11.1. AEROVIRONMENT, INC.
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. ASCENT VISION TECHNOLOGIES LLC
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. CONTROP PRECISION TECHNOLOGIES LTD.
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. DRONEBASE
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. ECHOBLUE LTD.
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. FLIR SYSTEMS, INC.
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. HARRIS AERIAL
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. I2TECH
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. LEONARDO DRS
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. PVP ADVANCED EO SYSTEMS
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1.AeroVironment, Inc.
2.Ascent Vision Technologies LLC
3.CONTROP Precision Technologies Ltd.
4.DroneBase
5.EchoBlue Ltd.
6.FLIR Systems, Inc.
7.Harris Aerial
8.I2Tech
9.Leonardo DRS
10.PVP Advanced EO Systems
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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