Targeting Pods Market, By Type (FLIR & Laser Designator Pods, Laser Designator Pods, FLIR Pods, Lase

Published Date: | Report Code : AD1953145

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Increasing demand for high-tech & smart targeting systems is expected to drive the growth of targeting pods market during the forecast period. This has resulted in some of the key developments by companies operating in the market to consolidate their market positions and look for further niche opportunities.

Targeting pods helps to identify, laser-designate, and track tiny tactical targets at long distances or ranges automatically along with providing superior air-to-air and air-to-ground capabilities. In addition, the targeting pods also support the use of GPS and laser-guided weapons against moving targets and were able to be used across multinational and typhoon aircraft. The targeting pods show a target-to-aircrew infrared image as it includes a high-resolution forward-looking infrared (FLIR) sensor with a broad field of search capability. Governments around the globe are investing and upgrading their capacities through contracting, allowing warfare fighters to react to needs such as reliability rates and availability of sniper.

The globally targeting pods market has been segmented into type, component, fit, platform. Based on Type, this market is split into  FLIR & Laser designator Pods, Laser designator pods, FLIR pods, Laser spot tracker. The FLIR & Laser designator pods segment is anticipated high demand in this market because of the increasing use of forward-looking infrared sensors, along with laser designators for targeting and surveillance. The FLIR sensor segment is anticipated to boom in this market based on the component segment owing to enhanced spending on precise aircraft attack capabilities under low light conditions.  By fit segment, OEM has the largest demand in targeting pods market due to increased spending on airborne targeting and laser designation systems.

By platform, the combat aircraft segment is anticipated to meet the largest demand in the targeting pods market owing to enhanced spending on upgrading existing aircraft and new aircraft procurement programs, especially capabilities for ground attack accuracy. 

Key Factors Impacting Market Growth:

  • Increasing adoption of targeting pods by aviation, naval, and automotive sectors
  • Emerging demand for high-tech targeting systems
  • Military aircraft upgrading and technological advancements in systems

Regional Outlook: 

The targeting pods market by region has been segmented by North America, Western Europe, Asia Pacific, Middle East, Eastern Europe, and the Rest of the World. The rest of the World includes South America and Africa. North America and the European region have been traditional regions for the aerospace & defense sector with the presence of major manufacturers and high market demand. In addition to this, these regions have been aggressive in terms of technological developments and research. This is one of the key factors governing the demand for targeting pods market during the forecast period. Major countries in these regions include the US, France, UK, Germany, Italy, Russia, Canada, and So on. This sector is one of the key contributors to the economies in the region. The Asia Pacific is estimated to be the fastest-growing region with increasing expenditure on defense and space research. With the presence of some of the fastest-growing economies including India and China, this region is projected to be a major market for targeting pods during the forecast period. Other key countries in the region include South Korea, Japan, and Australia. The Middle East region promises a high potential demand for composites in the targeting pods market during the forecast period. Major countries in this region include UAE, Saudi Arabia, Iran, Israel, and others. The rest of the World is an emerging market for targeting pods with demand from countries including South Africa, Brazil, Argentina, Nigeria, and others during the forecast period.

Companies Covered: Lockheed Martin Corporation, Moog, Inc., Thales Group, Raytheon Company, Israel Aerospace Industries Ltd, Northrop Grumman Corporation, Aselsan A.S, Ultra Electronics Holdings Plc., FLIR Systems, Inc. and L3 Technologies Inc.

Market Segmentation: 

By Type:

  • FLIR & Laser Designator Pods
  • Laser Designator Pods
  • FLIR Pods
  • Laser Spot Tracker

By Component:

  • FLIR Sensor
  • Charge Coupled Device (CCD) Camera
  • Environmental Control Unit (ECU)
  • Moving Map System (MMS)
  • Digital Data Recorder, Processor
  • Video Data Link
  • High Definition (HD) TV

By Fit:

  • OEM Fit
  • Up-Gradation

By Platform:

  • Combat Aircraft
  • Unmanned Aerial Vehicles (UAVs)
  • Attack Helicopter
  • Bombers 

By Region:

  • North America
    • By Country (US, Canada, Mexico)
    • By Type
    • By Component
    • By Fit
    • By Platform
  • Western Europe
    • By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
    • By Type
    • By Component
    • By Fit
    • By Platform
  • Eastern Europe
    • By Country (Russia, Turkey, Rest of Eastern Europe)
    • By Type
    • By Component
    • By Fit
    • By Platform
  • Asia Pacific
    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
    • By Type
    • By Component
    • By Fit
    • By Platform
  • Middle East
    • By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
    • By Type
    • By Component
    • By Fit
    • By Platform
  • Rest of the World
    • By Region (South America, Africa)
    • By Type
    • By Component
    • By Fit
    • By Platform

Reasons To Buy This Report:

  • Market size estimation of the targeting pods market on a regional and global basis
  • The unique research design for market size estimation and forecast
  • Profiling of major companies operating in the market with key developments
  • Broad scope to cover all the possible segments helping every stakeholder in the market

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