The global demand for Targeting Pods Market is presumed to reach the valuation of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% during the period of 2022-2028.
Targeting pods are an electronic tool that helps identify targets and guides the precision-guided munitions (PGM) that include laser-guided bombs to the targets. The majority of the targeting pods are assembled with the same sensor that is used by a laser spot tracker for receiving the reflected rangefinder signal. This is done to carry out both tracking and ranging operations. Some pods comprise of the small radar set for targeting and navigation made explicitly for the aircraft that don’t have search radar.
Market Dynamics
The increase in terrorist activities across the globe and the rising adoption of targeting pods by developing countries are the major factors driving the targeting pod market globally over the forecast period. The demand for targeting pods is extensively driven by the augment in the procurement of military aircraft coupled with the enhancements of existing aircraft across the globe. It is because these devices provide users with improved security and targeting capabilities. In addition to that, the high number of military aircraft up-gradation programs globally is also positively impacting the market growth. Moreover, the more significant need for innovative technologies, such as thermally cooled infrared devices, infrared technologies, and forward-looking infrared technology, will facilitate the manufacturers to propose new growth opportunities for the key market players in the coming years.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of targeting pods.
Market Segmentation
The entire targeting pods market has been sub-categorized into type, component, fit and platform. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Type
- FLIR & Laser Designator Pods
- Laser Designator Pods
- FLIR Pods
- Laser Spot Tracker Pods
By Component
- FLIR Sensor
- Charge Coupled Device (CCD) Camera
- Environmental Control Unit (ECU)
- Moving Map System (MMS)
- Video Datalink
- Digital Data Recorder
- Processor
- High Definition (HD) TV
By Fit
By Platform
- Combat Aircraft
- Unmanned Aerial Vehicle (UAV)
- Attack Helicopters
- Bombers
Regional Analysis
This section covers regional segmentation which accentuates on current and future demand for targeting pods market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Targeting Pods Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the targeting pods market include 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. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
METHODOLOGY:
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.