Targeting Pods Market size is projected to be valued $XX Billion by 2025; with a CAGR of XX% from 2017 to 2025.Targeting pods helps in detecting, identifying and automatically track small tactical targets at long distance providing superior air-to-air and air-to-ground capability. Furthermore, the targeting pods also help in supporting the practice of GPS and laser-guided weapons against moving targets.
High reliability, superior range performance & maintainability, and growing investments in air force sector are few factors driving the global targeting pods market over the forecast period. However, few issues related to production of the filmstrips consistently on the screen are estimated to hamper the growth of global targeting pods market during the forecast period. Moreover, safe & easier training, navigation capability at night, accurate stabilization and multi target tracking are the factors which are likely to create opportunities for targeting pods market expansion.
Targeting pods market has been segmented based on type, component, platform, fit and geography. Based on type, the market has been segmented into laser spot tracker, laser designator pods, FLIR pods, and FLIR & laser designator pods. On the basis of component, the targeting pods market has been segmented into environmental control unit, FLIR sensor, CCD camera, moving map system (MMS), HD TV, video datalink, digital data recorder, and processor. Based on platform segments, the targeting pods market has been further bifurcated into combat aircraft, attack helicopters, bombers, and unmanned aerial vehicles (UAVs). Based on fit, the targeting pods market is divided into OEM fit and upgradation.
Targeting Pods Market by geography is segmented into North America, Europe, Asia-Pacific and Rest of the World (RoW). The U.S. and Canada are countries under North America wherein Europe covers U.K, Germany, France and others. Asia-Pacific covers China, India, Japan, and rest of Asia-Pacific. RoW covers South America, Middle East and Africa.
The major players in the targeting pods market include Lockheed Martin, Raytheon Company, and Thales, among others.
The key takeaways from the report
Scope of Targeting Pods Market