Airborne Pods Market
This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s airborne pods market realities and future market possibilities for the forecast period of 2019 to 2024. The report segments and analyzes the market in the most detailed manner in order to provide a panoramic view of the market. The vital data/information provided in the report can play a crucial role for the market stakeholders and investors in the identification of the low-hanging fruits available in the market as well as to formulate the growth strategies.
Airborne pods refer to an external pod structure, which are designed to provide a better aerial detection, recognition, identification, targeting, communication, data linking, and self-defensive capabilities to an aircraft. It is used to convert a normal aircraft into a warfare or surveillance aircraft. Previously, systems and components of these pods were individually used in different sections of an aircraft. For instance; camera, radars, and sensors could be equipped in wings, fuselage, or the nose of cockpit of an aircraft, whereas sensors, radars, and their components, are used seperately in some warfare helicopters, such as Apache and Black Hawk.
In an airborne pod, there are many components including data link systems, sensors, radars, environment cooling system, and modem assembly. help an aircraft to overcome the problems and difficulties, such as detecting, recognising, and aiming a target in different ranges. Every component inside a pod has its own importance, such as data link system provides real-time data linking from air-to-air, air-to-ground, and air-to-water operations in different ranges where range depends upon a lot of factors, such as size and lenses of camera and sensors. The communication system offers the capability of clear and real-time communication between the aircraft and the base. Environment cooling system keeps the atmosphere cool inside the pod when it gets heated due to fast processing of systems and high-speed of aircraft, especially in the combat aircraft, at higher altitudes. It is very necessary for a sensor or camera lenses to withstand at required atmosphere for clear image processing.
Previously, metals, such as aluminium and steel, were mainly used to manufacture airborne pods but due to their higher weight and significant maintenance cost, the industry has started shifting towards composite materials. In the last few decades, composite materials have become the perennial choice in fabricating components and structure of pods as the materials not only offer the advantages of lightweight and high strength-to-weight ratio but also improve the overall pod aesthetics. The modernized aircraft pod design is rich of composites with reduced aerodynamic drag, due to its smooth airflow design. This further helps in carrying more components inside a pod, due to its lightweight and more cabin space inside the pod. This, in turn, helps the manufactures to offer multi-functionality in one pod.
The global airborne pods market is projected to grow at a healthy rate over the next five years to reach US$ 3,266.3 million in 2024. Growing military expenditure, especially of the developing economies including China and India, an emergence of ISR due to security reasons, an increasing demand for advanced targeting systems, and a rising military aircraft upgradation are the major growth factors that are burgeoning the demand for airborne pods in various countries. Asia-Pacific and North America are the biggest demand generators with a current combined share of more than two-thirds of the total airborne pods market.
The global airborne pods market is segmented based on the aircraft type as Combat Aircraft, Helicopter, UAV, and Others. Combat aircraft and UAVs are likely to remain the growth engines of the market during the forecast period. Rising global tension is compelling various countries to rapidly upgrade their defense capabilities in order to protect themselves from uncertainty and to further solidify their borders. Major developed markets, such as the USA, freeze very high defense budget with the purpose to remain the leading market and to provide the highest security to their civilians, whereas the developing economies, such as China, Saudi Arabia, and India, are increasingly increasing their defense budget to quickly advance their existing defense capabilities. This is primarily driving the demand for airborne pods in the combat aircraft and UAVs segments in the coming years. Additional drivers are an emergence of ISR, a rising demand for better targeting systems, and an increasing demand for lightweight pods, which are acting as catalyst to the overall demand for airborne pods in these segments.
Based on the pod type, the market is bifurcated into Intelligence, Surveillance, & Reconnaissance (), Targeting, Self-Protection/Countermeasure, and Others. ISR is likely to remain the most dominant segment of the global airborne pods market over the next five years. ISR pod offers a wide array of advantages, such as precise identification, detection, and recognition of targets. It also converts a normal combat aircraft or a helicopter to a surveillance and reconnaissance aircraft/helicopter by adding such features to it. Its’ capability is based on the sensors which are situated inside the pod. The larger the sensor and lenses of camera, the larger the range of the pod. Targeting pods are likely to be the fastest-growing segment of the global airborne pods market, mainly driven by an increasing military aircraft procurement and the upgradation of existing fleet of military aircraft across the world.
Based on the enclosure type, the market is segmented into Composite Pods and Metal Pods. Composite enclosure is likely to remain the most dominant and faster-growing segment of the airborne pods market during the forecast period. It provides numerous advantages over its counterpart, such as good product performance, low maintenance cost, and excellent corrosion resistance. Composite enclosure further helps in reducing aerodynamic drag due to its smooth structure. It is expected that there would be a continuous shift from metal enclosures to composite enclosures in the coming years.
Based on the sensor type, the market is segmented into Electro Optical (EO)/ Infrared (IR), Electronics Warfare (EW)/Electronic Attack (EA), Infrared Countermeasure (IRCM), and Other. The EO/IR segment is projected to maintain its dominance in the market over the next five years. Increasing demand for ISR pods and rising emergence of ISR due to security reasons are the major growth drivers of EO/IR sensors in the global airborne pods market. Electronic warfare/electronic attack (EW/EA) sensors are likely to be the fastest-growing segment of the global airborne pods market during the forecast period 2019-2024.
Based on the regions, North America is projected to remain the largest market during the forecast period. The USA is the growth engine of the region’s market and has the largest fleet of combat aircraft across the world. Rising military aircraft fleet size with a high focus on their upgradation is likely to further boost the overall demand for airborne pods in the region in the foreseeable future. Additionally, all the major pod manufacturers are located in the region to support the defense department and OEMs, helping the country to own more advanced airborne pods.
Asia-Pacific is likely to witness the highest growth during the same period, driven by a host of factors including an increasing defense budget of China, India, and South Korea, a continuous upgrade of existing aircraft fleet, and a higher investment in developing and procuring UAVs, due to rising tensions in different parts of the region.
The supply chain of this market comprises raw material suppliers, pod manufacturers, tier-1 players, and end-users. The key airborne pod companies are Thales Group, Lockheed Martin Corporation, UTC Aerospace Systems, Northrop Grumman Corporation, Raytheon Company, Harris Corporation, S.G.D. Engineering Ltd., Airborne Technologies, Ultra Electronics Holdings PLC, CPI Aerostructures, Rafael Advanced Defense Systems Ltd., and SAAB AB. The development of advanced Pods and formation of long-term contracts are some of the most common strategies adopted by the major players in order to remain competitive in the market.
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 700 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 15 detailed primary interviews with the market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
The global airborne pods market is segmented into the following categories.
Airborne Pods Market, By Aircraft Type
Airborne Pods Market, By Pod Type
Airborne Pods Market, By Enclosure Type
Airborne Pods Market, By Sensor Type
Airborne Pods Market, By Range Type
Airborne Pods Market, By Region
Report Customization Options
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Custom Research: Stratview research offers custom research services across the sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected].
Why are We Class Apart?
No One Does Better in Aerospace Market Research Than Us
Largest Number of Premium Studies in Aerospace Industry
>60% of the First Buyers Come Back to Us
>95% Client Satisfaction Ratio, the Industry's Highest
Clients Across Aerospace Value Chain
Track the Latest Trends in Aerospace Industry
Know High Growth Opportunities