The infrared search and track systems is a phenomena of locating and tracking objects using infrared radiations. These systems does not fire any radiating beams unlike radar, thus, making it difficult for the enemy to detect the origin of the radiating beams. The major advantage of infrared search and track systems market is the demand for enhanced situational awareness is growing at a rapid rate across the globe. The situational awareness is a major factor during combat, and infrared systems increases the situational awareness among the defense forces by helping them during search and rescue or track operation in the dark. This factor is increasing the demand for infrared search and track systems among the defense forces worldwide. In addition, the defense budget is increasing in developed as well as developing countries in comparison to last couple of years. The increased defense budgets is helping the defense forces to adopt latest technologies to benefit the military troops on th...