Targeting Pods Market Insights:
Targeting Pods Market size was valued at USD 4.17 Billion in 2021, registering a CAGR of 5.9% during the forecast period (2022-2030), and the market is projected to be worth USD 6.99 Billion by 2030.
Targeting Pods are tools used to identify targets and precisely guide bombing options such as lasers. These pods are available in a variety of configurations, including FLIR designator, laser designator, and laser spot tracker.
Targeting Pods Market Research Report” was just released by Market Research Community. It is divided into several categories, including type (FLIR Laser Designator Pods, Laser Designator Pods, FLIR Pods, Laser Spot Tracker), 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), Fit Type (OEM Fit, Upgradation) Platform (Combat Aircraft, Unmanned Aerial Vehicle, Attack Helicopters, Bombers) and companies (Aselsan Corporation, FLIR Systems, Israel Aerospace Industries, Lockheed Martin Corporation, L-3 Communications, Northrop Grumman Corporation, Raytheon Company, Rafael Advanced Defense Systems Ltd., Ultra Electronics Holdings), According to the analysis of Market Research Community, The market is projected to grow at a significant pace reaching a CAGR of approximately 5.9%, over the forecast period of 2022–2030
Driver:
The increased adoption of Targeting Pods in the Next Generation industry is due to high workability, Stability of structure, good quality, and Demand for making things better. The demand for Targeting Pods also has other significant aspects, such as analysis, purchasing volume, costs, pricing analysis, and regulatory framework. Additionally, the increased demand of Targeting Pods in many sectors also boosts the market growth during the forecast period.
Targeting Pods Report Coverage:
Report Attributes | Report Details |
Study Timeline | 2018-2030 |
Market Size in 2030 (USD Billion) | 6.99 Billion |
CAGR (2022-2030) | 5.9% |
By Type | FLIR Laser Designator Pods, Laser Designator Pods, FLIR Pods, Laser Spot Tracker |
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 Platform | Combat Aircraft, Unmanned Aerial Vehicle, Attack Helicopters, Bombers |
By Fit Type | OEM Fit, Upgradation |
By Geography | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
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., Ultra Electronics Holdings |
Targeting Pods Covid-19 Impact:
The COVID-19 pandemic has had a substantial negative influence on the Targeting Pods market in many different regions of the world. The factors such as limited availability of raw materials, transportation restrictions, the shutdown of manufacturing facilities, and economic slowdown are the major impacts of COVID-19 which hampered the market growth. Shipments were impacted during the initial lockdown due to halted automotive productions and stringent government rules. The overall impact of COVID-19 on the industry is estimated to be minimal because the situation has stabilised. Post covid-19, there was a positive impact on the market growth due to the increased industrial manufacturing processes and rising demand for environment-friendly alternatives.
Industry Competitive Landscape:
The research includes comprehensive profiles of the key players in the market and an analysis of the competitive landscape. The market for sample preparation has grown more quickly as a result of the spike in research and development (R&D), product innovation, different business strategies, and application releases. Key players in the market include-
Aselsan Corporation, FLIR Systems, Israel Aerospace Industries, Lockheed Martin Corporation, L-3 Communications, Northrop Grumman Corporation, Raytheon Company, Rafael Advanced Defense Systems Ltd., Ultra Electronics Holdings
Targeting Pods Market Segment Analysis:
By Type
- FLIR Laser Designator Pods
- Laser Designator Pods
- FLIR Pods
- Laser Spot Tracker
By Platform Type
- Combat Aircraft
- Unmanned Aerial Vehicle
- Attack Helicopters
- Bombers
By Fit Type
- OEM Fit
- Upgradation
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
Region
The regional segment includes Asia Pacific, Europe, North America, the Middle East, and Africa, Latin America. In 2021, some of these regions expected to contribute the largest share during the forecast period.
The factors such as the large and easy availability of basic things, rising purchasing power among the population, and favorable government policies and industrial facilities are estimated to accelerate the industry growth in the region. The growing rate of industrialization is anticipated to boost the presence of Targeting Pods industries in the region.
Key Targeting Pods Market Trends
– Based on type, sub-type, technology utilised, applications, end-users, and geographies, the research identifies, defines, and predicts the Global Targeting Pods Market segments.
– Largest Market Share Held by Industry to Industry for Targeting Pods
– Based on their expected growth, development patterns and prospects for the future, and contributions to the overall market, it analyses the micro markets.
– Demand from the geographical area is estimated to boost growth.
– Growing Market Segment Adoption in the Targeting Pods Industry
– Over the forecast period, higher growth rates are anticipated in in some regions
Why Purchase the Industry Report by MRC
There is a huge amount of information in the report, including market trends and business opportunities for the forecast period.
Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) statistics.
Data at the regional, sub-regional, and national levels also includes information on the market’s supply and demand dynamics.
The competitive landscape includes the proportions of important players, recent innovations, and strategy.
Comprehensive product offerings, important financial data, latest advancements, SWOT analysis, and key player tactics.
Table of Content
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Research Methodology
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