Targeting Pods Market Research Report - Global Forecast till 2025
Targeting Pods Market Research Report - Global Forecast till 2025
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Copyright © 2017 Market Research Future.
Targeting Pods Market Research Report - Global Forecast till 2025
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Copyright © 2017 Market Research Future.
Targeting Pods Market Research Report - Global Forecast till 2025
Summary: Global Targeting Pods Market. The Global Targeting Pods market projected to register a CAGR around 7% from 2018 to 2023
Market Overview: Targeting pods are electronic devices capable of assisting ground-attacking aircraft for identifying targets at low altitudes and attacking them with precision guided missiles. The need for defense forces to strengthen their air force is likely to spike up the demand for targeting pods. The global targeting pods market report by Market Research Future (MRFR) contains insights and trends which can play a major role in the defense plans of militarily weak economies. The global targeting pods market is estimated to enjoy 7% CAGR from 2018 to 2023 (forecast period), predicts MRFR. It is driven by the need for hi-tech aircraft capable of integrating payload systems which can fire at ground targets with ease. Procurement of these systems coupled with change in compact weapon designs can drive the market demand. Furthermore, significant influx in the development of advanced systems can be monumental to the market. Need for advanced systems such as thermally cooled infrared devices and infrared technologies is likely to create future growth opportunities within the targeting pods market. High demand for new warfare weapons can augment the market size significantly. Technical limitations can pose a challenge to the market growth over the forecast period. But developments by government for manufacturing piezoelectric ceramic film strips can overcome this obstacle and create technological breakthroughs.
Segmentation: By Type •
FLIR & Laser Designator
•
Laser Spot Tracker
By Component •
FLIR Sensor
•
CCD Camera
•
MMS
•
ECU
•
HD TV
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Copyright © 2017 Market Research Future.
Targeting Pods Market Research Report - Global Forecast till 2025
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Video Datalink
By Platform •
Combat Aircraft
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Helicopters
•
A.V.
•
By Fit
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OEM Fit
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Upgrade
By Region •
America
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Europe
•
Asia Pacific
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The Middle East & Africa
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South America
Scope of the Report: This study provides an overview of the Global Targeting Pods Market, tracking four market segments across five geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume, and share for North America, Europe, Asia Pacific (APAC), Middle East & Africa and South America. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global Targeting Pods market by its type, component, platform, fit, and region.
Regional Analysis: Geographically, the targeting pods market covers the latest trends and happenings across South America, North America, Europe, Asia Pacific (APAC), and the Middle East. The Europe region can be the biggest revenue generator of the market due to high budgets of countries such as Russia, France, and the U.K. Need to upgrade defense equipment from legacy systems can drive the regional demand for targeting pods. Russia is touted to spend the maximum due to its plans for improving the performance of its air force.
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Copyright © 2017 Market Research Future.
Targeting Pods Market Research Report - Global Forecast till 2025
The APAC region is the second largest due to need for targeting pods and ballooned defense budgets of developed economies. This can be credited to geopolitical tensions between China, India, South Korea, and others. Lastly, the Middle East is expected to be a notable region due to plans of countries in the region to enhance their military strength. Agreements are commonly witnessed in the region as evident by the signing of a contract between Lockheed Martin and the Egyptian government. The latter will receive a Low Altitude Navigation and Targeting Infrared for Night (LANTIRN) targeting pod system which lets aircraft perform stealth missions at ease. The systems assists pilots to fly at low altitudes and effectively protect itself against ground weapons.
Competitive Dashboard: The key players in global Targeting Pods market are Lockheed Martin (U.S.), Aselsan (Turkey), Thales Group (France), Raytheon Company (U.S.), Northrop Grumman (U.S.), L-3 Technologies (U.S.), Ultra Electronics (U.K), Israel Aerospace Industries (Israel), MOOG Inc. (U.S.), Flir Systems (U.S.), Rafael Advanced Defense Systems Ltd. (Israel), and Qioptik (Paris).
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Copyright © 2017 Market Research Future.
Targeting Pods Market Research Report - Global Forecast till 2025
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Copyright © 2017 Market Research Future.