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    Targeting Pods Market

    Targeting Pods Market
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    Targeting Pods Market Size, Share, Trend, Forecast, & In See more...

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    Targeting Pods Market Insights 

    Targeting Pods market is likely to witness an impressive CAGR of 7.2% during the forecast period. The unprecedented growth of the market can be ascribed to the rising military aircraft procurement along with the upgradation of prevalent aircraft across the globe. The escalating military aircraft procurement by different countries has triggered off an upsurge in the demand for aircraft payload-based targeting system, i.e. targeting pods for capability improvement in precision targeting.

    Targeting Pods Market - Snapshot

    Growth

    7.2% for the next five years

    Major Type

    FLIR & laser designator pods

    Major Component Type

    FLIR sensor

    Dominant Fit Type

    OEM fit

    Dominant Platform Type

    Combat aircraft

    Region with the highest demand

    Europe

    Key Players

    Aselsan Corporation, FLIR Systems, Israel Aerospace Industries, Lockheed Martin Corporation, L-3 Communications, Northrop Grumman Corporation, Raytheon Company, Rafael Advanced Defense Systems Ltd., and Ultra Electronics Holdings.

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    Targeting Pods Market Share: By Type 

     Based on the type, the market is segmented as FLIR & laser designator pods, laser designator pods, FLIR pods, and laser spot tracker pods. The FLIR & laser designator pods segment is estimated to remain dominant during the forecast period. The growing application of forward-looking infrared sensors, along with laser designators for targeting and surveillance, is driving the growth of the segment.  

    Targeting Pods Market Share: By Component Type

    Based on the component type, the market is segmented as FLIR sensor, Charge Coupled Device (CCD) Camera, Environmental Control Unit (ECU), Moving Map System (MMS), video datalink, digital data recorder, processor, and high definition (HD) TV. The FLIR sensor segment is expected to remain dominant in the coming five years. The market is driven by the rise in spending on aircraft with precision attack capabilities under low light conditions.

    Targeting Pods Market Share: By Fit Type

    Based on the fit type, the market is segmented as OEM fit and upgradation. The OEM fit segment is estimated to lead the market during the forecast period due to the growth in the expenditure on airborne targeting and laser designation systems.

    Targeting Pods Market Share: By Platform Type

    Based on the platform type, the market is segmented as combat aircraft, unmanned aerial vehicle (UAV), attack helicopters, and bombers. The combat aircraft segment is expected to be dominant during the forecast period, sustained by the rise in expenditure on upgradation of prevalent aircraft and new aircraft procurement programs, primarily for precision ground attack capabilities. The UAVs segment is estimated to depict the highest growth in the coming five years, owing to the rise in spending on reconnaissance and surveillance operations.

    Targeting Pods Market Share: By Region

    In terms of regions, Europe held the largest share of the targeting pods market in 2018, followed by Asia-Pacific and North America. Europe’s large share can be ascribed to the rising expenditure on advanced airborne targeting systems by economies, such as the UK, France, and Russia and upgradation and procurement of targeting pod-based aircraft. Russia was expected to emerge out as the leading market for targeting pods in Europe in 2018. The prime reason for Russia’s dominance of the European targeting pods market is owing to the country’s aircraft upgradation programs. North America and Asia-Pacific are also expected to offer substantial growth opportunities during the forecast period.

    Some of the major players in the targeting pods market are Aselsan Corporation, FLIR Systems, Israel Aerospace Industries, Lockheed Martin Corporation, L-3 Communications, Northrop Grumman Corporation, Raytheon Company, Rafael Advanced Defense Systems Ltd., and Ultra Electronics Holdings.          

     

    Market Scope & Segmentation

    Targeting Pods are tools to identify targets and guide precisely through options such as laser for the bombing. These pods are available in different types such as FLIR designator, laser designator, and laser spot tracker.

    Targeting Pods have a number of components for the action to take place such as FLIR sensor, environmental control unit, video datalink, processor, charge-coupled device, moving map system, digital data recorder, and high definition TV. These are of high usage in case of combat aircraft, attack helicopters, unmanned aerial vehicles, and bombers.

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    Targeting Pods Market Research Report - Features

    Market Segmentation

    5 ways

    Regions Covered

    4

    Countries/Sub-Regions Covered

    15

    No. of Figures & Tables

    >150

    Company Profiles

    10

          

    The targeting pods market is segmented into the following categories. 

    Targeting Pods Market Size, Share, & Forecast, by Type:

    • FLIR & Laser Designator Pods (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Laser Designator Pods (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • FLIR Pods (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Laser Spot Tracker Pods (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Targeting Pods Market Size, Share, & Forecast, by Component Type:

    • FLIR Sensor (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Charge Coupled Device (CCD) Camera (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Environmental Control Unit (ECU) (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Moving Map System (MMS) (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Video Datalink (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Digital Data Recorder (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Processor (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • High Definition (HD) TV (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Targeting Pods Market Size, Share, & Forecast, by Fit Type:

    • OEM Fit (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Upgradation (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Targeting Pods Market Size, Share, & Forecast, by Platform Type:

    • Combat Aircraft (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Unmanned Aerial Vehicle (UAV) (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Attack Helicopters (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Bombers (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Targeting Pods Market Size, Share, & Forecast, by Region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 
    • Europe (Country Analysis: Germany, France, the UK, Russia, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

     

    Research Methodology

    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 1,000 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 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

     

    Report Features

    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:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors

     

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation of any one of the types by platform type.  

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across 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]


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