Global Targeting Pods Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2026
MarketResearch.biz delivers in-depth insights on the global targeting pods market in its upcoming report titled, “Global Targeting Pods Market Trends, Applications, Analysis, Growth, and Forecast: 2017 to 2026”. The global targeting pods market is estimated to register a CAGR of XX.X% in terms of value during forecast period 2017–2026. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2026. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global targeting pods market report has been segmented on the basis of type, component, fit, platform, and region.
This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.
Targeting pods are target designation tools used by fighter aircrafts and ground-attack aircraft for surveillance, ground attacks, and to auto-track targets. Targeting pods have advance laser imaging sensors that aids in high quality image processing with superior quality digital video output.
Increasing demand for advanced targeting systems is a major factor driving growth of the global targeting pods market. In addition, increasing investment by governments of developing countries to strengthen their defense is another factor further fueling growth of the global market.
Increasing adoption of embedded targeting systems by aircraft manufacturers is a key factor hampering growth of the global targeting pods market. In addition, technical glitches and concerns regarding reliability of pods under extreme weather condition are other factors further restraining growth of the global market to a certain extent. However, technological advancements towards product development is expected to create opportunities for major manufacturers in the global market over the forecast period.
The market in Europe accounts for highest share in the global targeting pods market in terms of revenue and is expected to maintain its dominance over the forecast period. Presence of major manufacturers and increasing spending on advanced targeting systems in countries in this region are major factor driving growth of the Europe targeting pods market. The North America targeting pods market is expected to witness significant growth and is expected to register a CAGR of X.X% over the forecast period. The Asia Pacific targeting pods market is expected to witness highest growth and is projected to register a CAGR of XX.X% over the next 10 years. This growth can be attributed to increasing spending by governments to strengthen their military and defense base and increasing development activities by various space organizations in countries such as India, China, etc. in this region.
Global targeting pods market segmentation:
Segmentation on the basis of type:
- FLIR & Laser Designator Pods
- Laser Designator Pods
- FLIR Pods
- Laser Spot Tracker Pods
Segmentation on the basis of component:
- FLIR Sensor
- Charge Coupled Device (CCD) Camera
- Environmental Control Unit (ECU)
- Moving Map System (MMS)
- Video Datalink
- Digital Data Recorder
- High Definition (HD) TV
Segmentation on the basis of fit:
- OEM Fit
Segmentation on the basis of platform:
- Combat Aircraft
- Unmanned Aerial Vehicle (UAV)
- Attack Helicopters
Segmentation on the basis of region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2019 Estimated Year 2020 Forecast Period 2020–2029 Revenue in US$
- Lockheed Martin Corporation
- Aselsan A.S
- Thales Group
- Raytheon Company
- Ultra Electronics Holdings plc
- L3 Technologies, Inc.
- FLIR Systems, Inc.
- Israel Aerospace Industries Ltd.
- Northrop Grumman Corporation
- Moog, Inc.
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