Rising demand for targeting systems is becoming increasingly integrated into defense aircraft because they are crucial for locating and hitting targets during combat.

Market Research Future (MRFR) has published a cooked research report on the “FLIR & Laser Designator Targeting Pods Market” that contains information from 2018 to 2032. The FLIR & Laser Designator Targeting Pods market is estimated to register a CAGR of XX% during the forecast period of 2023 to 2032.

MRFR recognizes the following companies as the key players in the global FLIR & Laser Designator Targeting Pods market— Oioptik., Raytheon Company, Lockheed Martin Corporation, Ultra Electronics, Northrop Grumman, Thales Group, MOOG Inc., Rafael Advanced Defense Systems Ltd., Israel Aerospace Industries, FLIR Systems.

Market Highlights

The global FLIR & Laser Designator Targeting Pods market is accounted to register a CAGR of XX% during the forecast period. It is estimated to reach USD XX Billion by 2032.

The main driver fueling the market’s expansion is the rise in demand for improved targeting systems. Targeting pod demand has increased due to the surge in terrorist activity worldwide. For market participants, product innovation is anticipated to present new growth potential. Costly development and maintenance costs for targeting pods and declining defense spending in rich nations are projected to restrain the market expansion. Additionally, Long-range engagement has become necessary due to the development of radar detection technologies, which has increased the demand for integrating cutting-edge technologies, including infrared technology, thermally cooled infrared equipment, and forward-looking infrared (FLIR) technology, which is anticipated to promote the growth of the global FLIR & Laser Designator Targeting Pods market.

Segment Analysis

The global FLIR & Laser Designator Targeting Pods market has been segmented based on component, fit, and platform.

On the basis of components, the market is segmented into environmental control units, charged coupled device (CCD) cameras, digital data recorders, processors, FLIR sensors, and others. The FLIR segment was attributed to holding the largest market share in 2022 due to its enhanced functionalities like web browser GUI control and Battle Damage Assessment (BDA) capability.

Based on fit, the global FLIR & Laser Designator Targeting Pods market has been segmented into OEM fit and Upgradation. The OEM fit segment was expected to hold the largest market share in 2022 due to government’s increasing adoption of targeting pods to enhance security measures and technological advancements.

On the basis of platform, the market is segmented into combat aircraft, attack helicopters, and bombers. The combat aircraft segment was expected to hold the largest market share in 2022 due to advantages features such as a big payloader, stealth design, and an integrated radar.

Regional Analysis

The global FLIR & Laser Designator Targeting Pods market, based on region, has been divided into North America, Europe, Asia-Pacific, and the Rest of the World. North America consists of the US and Canada. The Europe FLIR & Laser Designator Targeting Pods market comprises Germany, France, the UK, Italy, Spain, and the rest of Europe. The FLIR & Laser Designator Targeting Pods market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World FLIR & Laser Designator Targeting Pods market comprises the Middle East, Africa, and Latin America.

The largest market share for FLIR & Laser Designator Targeting Pods was maintained by the North American regional sector. This increase is attributed to expanding research and development for advanced airborne targeting systems by economies. Additional market growth factors include increased investor investments, government support, and the technology's viability. Implementing stringent rules, the growing trend of using defense spenders, and the considerable presence of significant technology providers and major production companies all impact the US market.

Moreover, the European market has been persistently growing over the forecast period. The existence of prominent targeting pod providers such as Ultra Electronics Holdings plc and Thales Group drives the demand for FLIR & Laser Designator Targeting Pods.

Additionally, due to the increasing demand for public safety, Asia Pacific is anticipated to experience the quickest growth over the forecast period. The Asia Pacific market will benefit from several space organizations in the field of targeting pods, which will also boost the market.

Furthermore, the rest of the world's FLIR & Laser Designator Targeting Pods market is divided into the Middle East, Africa, and Latin America. This growth is attributed to the region's rising use of targeting pods due to the increasing terrorist activities. Government support, a rise in investor interest, and the viability of the technology in the sector contribute to market expansion.

Key Findings of the Study

• The global FLIR & Laser Designator Targeting Pods market is expected to reach USD XX billion by 2032, at a CAGR of XX% during the forecast period.


• The Asia-Pacific region accounted for the fastest-growing global market due to the increasing emphasis on advanced airborne targeting systems.


• Based on fit, the OEM fit segment was attributed to holding the largest market in 2022, with an approximate market share of XX%.


• , Raytheon Company, Lockheed Martin Corporation, Ultra Electronics, Northrop Grumman, Thales Group, MOOG Inc., Rafael Advanced Defense Systems Ltd., Israel Aerospace Industries, FLIR Systems.