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    Targeting Pods Market Report

    Targeting Pods Market Report
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    Targeting Pods Market Size, Share, Trend, Forecast, & Industry Analysis – 2020-2 See more...

    Impact of COVID-19 on Targeting Pods Market

    Covid-19 has impacted the market dynamics, competition, and global...

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    Impact of COVID-19 on Targeting Pods Market

    Covid-19 has impacted the market dynamics, competition, and global supply chain. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    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.

    Segments' Analysis

    Targeting-Pods-Market-Dominant-Segments

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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.

    Targeting-Pods-Market-By-Region

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    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)