Targeting Pods Market Research Report - Forecast till 2027

Targeting Pods Market Research Report: Information by Fit (OEM and Upgrade), Type (FLIR & Laser Designator and Laser Spot Tracker), Component (FLIR Sensor, CCD Camera, MMS, ECU, HD TV, and Video Datalink), Platform (Combat Aircraft, Helicopters, and UAV), Fit (OEM Fit and Upgrade), and Region (North America, Asia Pacific, Europe, Middle East, and South America)—Forecast till 2027

ID: MRFR/A&D/4563-HCR | February 2021 | Region: Global | 100 Pages         

Table of Contents

1 Executive Summary

1.1. Market Attractiveness Analysis

1.1.1. Global Targeting Pods Market, by Type

1.1.2. Global Targeting Pods Market, by Fit

1.1.3. Global Targeting Pods Market, by Platform

1.1.4. Global Targeting Pods Market, by Application

1.1.5. Global Targeting Pods Market, by Region

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.3 Research Process

2.4 Market Size Estimation

2.5 Forecast Model

3 Market Landscape

3.1 Porter’s Five Forces Analysis

3.1.1 Threat of New Entrants

3.1.2 Bargaining Power of Buyers

3.1.3 Threat of Substitutes

3.1.4 Segment Rivalry

3.1.5 Bargaining Power of Buyers

3.2 Value Chain/Supply Chain Analysis

4 Market Dynamics

4.1 Introduction

4.2 Market Drivers

4.3 Market Restraints

4.4 Market Opportunities

4.5 Market Trends

5 Global Targeting Pods Market, by Type

5.1 Introduction

5.2 FLIR & Laser Designator

5.2.1 Market Estimates & Forecast, 2020–2027

5.2.2 Market Estimates & Forecast, by Region, 2020–2027

5.3 Laser Spot Tracker

5.3.1 Market Estimates & Forecast, 2020–2027

5.3.2 Market Estimates & Forecast, by Region, 2020–2027

6 Global Targeting Pods Market, by Component

6.1 Introduction

6.2 FLIR Sensor

6.2.1 Market Estimates & Forecast, 2020–2027

6.2.2 Market Estimates & Forecast, by Region, 2020–2027

6.3 CCD Camera

6.3.1 Market Estimates & Forecast, 2020–2027

6.3.2 Market Estimates & Forecast, by Region, 2020–2027

6.4 MMS

6.4.1 Market Estimates & Forecast, 2020–2027

6.4.2 Market Estimates & Forecast, by Region, 2020–2027

6.5 ECU

6.5.1 Market Estimates & Forecast, 2020–2027

6.5.2 Market Estimates & Forecast, by Region, 2020–2027

6.6 HD TV

6.6.1 Market Estimates & Forecast, 2020–2027

6.6.2 Market Estimates & Forecast, by Region, 2020–2027

6.7 Video Datalink

6.7.1 Market Estimates & Forecast, 2020–2027

6.7.2 Market Estimates & Forecast, by Region, 2020–2027

7 Global Targeting Pods Market, by Platform

7.1 Introduction

7.2 Combat Aircraft

7.2.1 Market Estimates & Forecast, 2020–2027

7.2.2 Market Estimates & Forecast, by Region, 2020–2027

7.3 Helicopters

7.3.1 Market Estimates & Forecast, 2020–2027

7.3.2 Market Estimates & Forecast, by Region, 2020–2027

7.4 UAV

7.4.1 Market Estimates & Forecast, 2020–2027

7.4.2 Market Estimates & Forecast, by Region, 2020–2027

8 Global Targeting Pods Market, by Fit

8.1 Introduction

8.2 OEM Fit

8.2.1 Market Estimates & Forecast, 2020–2027

8.2.2 Market Estimates & Forecast, by Region, 2020–2027

8.3 Upgrade

8.3.1 Market Estimates & Forecast, 2020–2027

8.3.2 Market Estimates & Forecast, by Region, 2020–2027

9 Global Targeting Pods Market, by Region

9.1 Introduction

9.2 North America

9.2.1 Market Estimates & Forecast, 2020–2027

9.2.2 Market Estimates & Forecast, by Type, 2020–2027

9.2.3 Market Estimates & Forecast, by Component, 2020–2027

9.2.4 Market Estimates & Forecast, by Platform, 2020–2027

9.2.5 Market Estimates & Forecast, by Fit, 2020–2027

9.2.5 US

9.2.5.1 Market Estimates & Forecast, 2020–2027

9.2.5.2 Market Estimates & Forecast, by Type, 2020–2027

9.2.5.3 Market Estimates & Forecast, by Component, 2020–2027

9.2.5.4 Market Estimates & Forecast, by Platform, 2020–2027

9.2.5.5 Market Estimates & Forecast, by Fit, 2020–2027

9.2.6 Canada

9.2.6.1 Market Estimates & Forecast, 2020–2027

9.2.6.2 Market Estimates & Forecast, by Type, 2020–2027

9.2.6.3 Market Estimates & Forecast, by Component, 2020–2027

9.2.6.4 Market Estimates & Forecast, by Platform, 2020–2027

9.2.6.5 Market Estimates & Forecast, by Fit, 2020–2027

9.3 Europe

9.3.1 Market Estimates & Forecast, 2020–2027

9.3.2 Market Estimates & Forecast, by Type, 2020–2027

9.3.3 Market Estimates & Forecast, by Component, 2020–2027

9.3.4 Market Estimates & Forecast, by Platform, 2020–2027

9.3.5 Market Estimates & Forecast, by Fit, 2020–2027

9.3.7 UK

9.3.7.1 Market Estimates & Forecast, 2020–2027

9.3.7.2 Market Estimates & Forecast, by Type, 2020–2027

9.3.7.3 Market Estimates & Forecast, by Component, 2020–2027

9.3.7.4 Market Estimates & Forecast, by Platform, 2020–2027

9.3.7.5 Market Estimates & Forecast, by Fit, 2020–2027

9.3.8 Germany

9.3.8.1 Market Estimates & Forecast, 2020–2027

9.3.8.2 Market Estimates & Forecast, by Type, 2020–2027

9.3.8.3 Market Estimates & Forecast, by Component, 2020–2027

9.3.8.4 Market Estimates & Forecast, by Platform, 2020–2027

9.3.8.5 Market Estimates & Forecast, by Fit, 2020–2027

9.3.9 France

9.3.9.1 Market Estimates & Forecast, 2020–2027

9.3.9.2 Market Estimates & Forecast, by Type, 2020–2027

9.3.9.3 Market Estimates & Forecast, by Component, 2020–2027

9.3.9.4 Market Estimates & Forecast, by Platform, 2020–2027

9.3.9.5 Market Estimates & Forecast, by Fit, 2020–2027

9.3.9 Russia

9.3.9.1 Market Estimates & Forecast, 2020–2027

9.3.9.2 Market Estimates & Forecast, by Type, 2020–2027

9.3.9.3 Market Estimates & Forecast, by Component, 2020–2027

9.3.9.4 Market Estimates & Forecast, by Platform, 2020–2027

9.3.9.5 Market Estimates & Forecast, by Fit, 2020–2027

9.3.11 Rest of Europe

9.3.11.1 Market Estimates & Forecast, 2020–2027

9.3.11.2 Market Estimates & Forecast, by Type, 2020–2027

9.3.11.3 Market Estimates & Forecast, by Component, 2020–2027

9.3.11.4 Market Estimates & Forecast, by Platform, 2020–2027

9.3.11.5 Market Estimates & Forecast, by Fit, 2020–2027

9.4 Asia-Pacific

9.4.1 Market Estimates & Forecast, 2020–2027

9.4.2 Market Estimates & Forecast, by Type, 2020–2027

9.4.3 Market Estimates & Forecast, by Component, 2020–2027

9.4.4 Market Estimates & Forecast, by Platform, 2020–2027

9.4.5 Market Estimates & Forecast, by Fit, 2020–2027

9.4.5 China

9.4.5.1 Market Estimates & Forecast, 2020–2027

9.4.5.2 Market Estimates & Forecast, by Type, 2020–2027

9.4.5.3 Market Estimates & Forecast, by Component, 2020–2027

9.4.5.4 Market Estimates & Forecast, by Platform, 2020–2027

9.4.5.5 Market Estimates & Forecast, by Fit, 2020–2027

9.4.6 Japan

9.4.6.1 Market Estimates & Forecast, 2020–2027

9.4.6.2 Market Estimates & Forecast, by Type, 2020–2027

9.4.6.3 Market Estimates & Forecast, by Component, 2020–2027

9.4.6.4 Market Estimates & Forecast, by Platform, 2020–2027

9.4.6.5 Market Estimates & Forecast, by Fit, 2020–2027

9.4.7 India

9.4.7.1 Market Estimates & Forecast, 2020–2027

9.4.7.2 Market Estimates & Forecast, by Type, 2020–2027

9.4.7.3 Market Estimates & Forecast, by Component, 2020–2027

9.4.7.4 Market Estimates & Forecast, by Platform 2020–2027

9.4.7.5 Market Estimates & Forecast, by Fit, 2020–2027

9.4.8 Rest of Asia-Pacific

9.4.8.1 Market Estimates & Forecast, 2020–2027

9.4.8.2 Market Estimates & Forecast, by Type, 2020–2027

9.4.8.3 Market Estimates & Forecast, by Component, 2020–2027

9.4.8.4 Market Estimates & Forecast, by Platform, 2020–2027

9.4.8.5 Market Estimates & Forecast, by Fit, 2020–2027

9.5 Middle East & Africa

9.5.1 Market Estimates & Forecast, 2020–2027

9.5.2 Market Estimates & Forecast, by Type, 2020–2027

9.5.3 Market Estimates & Forecast, by Component, 2020–2027

9.5.4 Market Estimates & Forecast, by Platform, 2020–2027

9.5.5 Market Estimates & Forecast, by Fit, 2020–2027

9.5.6 Saudi Arabia

9.5.6.1 Market Estimates & Forecast, 2020–2027

9.5.6.2 Market Estimates & Forecast, by Type, 2020–2027

9.5.6.3 Market Estimates & Forecast, by Component, 2020–2027

9.5.6.4 Market Estimates & Forecast, by Platform 2020–2027

9.5.6.5 Market Estimates & Forecast, by Fit, 2020–2027

9.5.6 UAE

9.5.6.1 Market Estimates & Forecast, 2020–2027

9.5.6.2 Market Estimates & Forecast, by Type, 2020–2027

9.5.6.3 Market Estimates & Forecast, by Component, 2020–2027

9.5.6.4 Market Estimates & Forecast, by Platform 2020–2027

9.5.6.5 Market Estimates & Forecast, by Fit, 2020–2027

9.5.7 Rest of Middle East & Africa

9.5.7.1 Market Estimates & Forecast, 2020–2027

9.5.7.2 Market Estimates & Forecast, by Type, 2020–2027

9.5.7.3 Market Estimates & Forecast, by Component, 2020–2027

9.5.7.4 Market Estimates & Forecast, by Platform, 2020–2027

9.5.7.5 Market Estimates & Forecast, by Fit, 2020–2027

9.6 Latin America

9.6.1 Market Estimates & Forecast, 2020–2027

9.6.2 Market Estimates & Forecast, by Type, 2020–2027

9.6.3 Market Estimates & Forecast, by Component, 2020–2027

9.6.4 Market Estimates & Forecast, by Platform, 2020–2027

9.6.5 Market Estimates & Forecast, by Fit, 2020–2027

9.6.6 Brazil

9.6.6.1 Market Estimates & Forecast, 2020–2027

9.6.6.2 Market Estimates & Forecast, by Type, 2020–2027

9.6.6.3 Market Estimates & Forecast, by Component, 2020–2027

9.6.6.4 Market Estimates & Forecast, by Platform 2020–2027

9.6.6.5 Market Estimates & Forecast, by Fit, 2020–2027

9.6.7 Rest of Latin America

9.6.7.1 Market Estimates & Forecast, 2020–2027

9.6.7.2 Market Estimates & Forecast, by Type, 2020–2027

9.6.7.3 Market Estimates & Forecast, by Component, 2020–2027

9.6.7.4 Market Estimates & Forecast, by Platform, 2020–2027

9.6.7.5 Market Estimates & Forecast, by Fit, 2020–2027

10 Competitive Landscape

11 Company Profile

11.1 Lockheed Martin

11.1.1 Company Overview

11.1.2 Products/Services Offering

11.1.3 Financial Overview

11.1.4 Key Developments

11.1.5 Key Strategies

11.1.6 SWOT Analysis

11.2 Aselsan

11.2.1 Company Overview

11.2.2 Products/Services Offering

11.2.3 Financial Overview

11.2.4 Key Developments

11.2.5 Key Strategies

11.2.6 SWOT Analysis

11.3 Thales Group

11.3.1 Company Overview

11.3.2 Products/Services Offering

11.3.3 Financial Overview

11.3.4 Key Developments

11.3.5 Key Strategies

11.3.6 SWOT Analysis

11.4 Raytheon Company

11.4.1 Company Overview

11.4.2 Products/Services Offering

11.4.3 Financial Overview

11.4.4 Key Developments

11.4.5 Key Strategies

11.4.6 SWOT Analysis

11.6 Northrop Grumman

11.6.1 Company Overview

11.6.2 Products/Services Offering

11.6.3 Financial Overview

11.6.4 Key Developments

11.6.5 Key Strategies

11.6.6 SWOT Analysis

11.6 L-3 Technologies

11.6.1 Company Overview

11.6.2 Products/Services Offering

11.6.3 Financial Overview

11.6.4 Key Developments

11.6.5 Key Strategies

11.6.6 SWOT Analysis

11.7 Ultra Electronics

11.7.1 Company Overview

11.7.2 Products/Services Offering

11.7.3 Financial Overview

11.7.4 Key Developments

11.7.5 Key Strategies

11.7.6 SWOT Analysis

11.8 Israel Aerospace Industries

11.8.1 Company Overview

11.8.2 Products/Services Offering

11.8.3 Financial Overview

11.8.4 Key Developments

11.8.5 Key Strategies

11.8.6 SWOT Analysis

11.9 MOOG Inc.

11.9.1 Company Overview

11.9.2 Products/Services Offering

11.9.3 Financial Overview

11.9.4 Key Developments

11.9.5 Key Strategies

11.9.6 SWOT Analysis

11.10 Flir Systems

11.10.1 Company Overview

11.10.2 Products/Services Offering

11.10.3 Financial Overview

11.10.4 Key Developments

11.10.5 Key Strategies

11.10.6 SWOT Analysis

11.10 Rafael Advanced Defense Systems

11.10.1 Company Overview

11.10.2 Products/Services Offering

11.10.3 Financial Overview

11.10.4 Key Developments

11.10.5 Key Strategies

11.10.6 SWOT Analysis

11.11 Qioptik

11.11.1 Company Overview

11.11.2 Products/Services Offering

11.11.3 Financial Overview

11.11.4 Key Developments

11.11.5 Key Strategies

11.11.6 SWOT Analysis

1. Appendix

1.1. References

1.2. Related Reports

1.3. List of Abbreviations

2. Industry Insights

Note: This table of contents is tentative and subject to change as the research progresses.

List of Tables

Table 1 Global Targeting Pods Market, by Region, 2020–2027

Table 2 North America Targeting Pods Market, by Country, 2020–2027

Table 3 Europe Targeting Pods Market, by Country, 2020–2027

Table 4 Asia-Pacific Targeting Pods Market, by Country, 2020–2027

Table 5 Middle East & Africa Targeting Pods Market, by Country, 2020–2027

Table 6 Latin America Targeting Pods Market, by Country, 2020–2027

Table 7 Global Targeting Pods Market, by Region, 2020–2027

Table 8 Global Targeting Pods Market, by Type, 2020–2027

Table 9 Global Targeting Pods Market, by Fit, 2020–2027

Table 10 Global Targeting Pods Market, by Platform, 2020–2027

Table 11 Global Targeting Pods Market, by Component, 2020–2027

Table 12 North America: Targeting Pods Market, by Country, 2020–2027

Table 13 North America: Targeting Pods Market, by Type, 2020–2027

Table 14 North America: Targeting Pods Market, by Fit, 2020–2027

Table 15 North America: Targeting Pods Market, by Platform, 2020–2027

Table 16 North America: Targeting Pods Market, by Component, 2020–2027

Table 17 Europe: Targeting Pods Market, by Country, 2020–2027

Table 18 Europe: Targeting Pods Market, by Type, 2020–2027

Table 19 Europe: Targeting Pods Market, by Fit, 2020–2027

Table 20 Europe: Targeting Pods Market, by Platform, 2020–2027

Table 21 Europe: Targeting Pods Market, by Component, 2020–2027

Table 22 Asia-Pacific: Targeting Pods Market, by Country, 2020–2027

Table 23 Asia-Pacific: Targeting Pods Market, by Type, 2020–2027

Table 24 Asia-Pacific: Targeting Pods Market, by Fit, 2020–2027

Table 25 Asia-Pacific: Targeting Pods Market, by Platform, 2020–2027

Table 26 Asia-Pacific: Targeting Pods Market, by Component, 2020–2027

Table 27 Middle East & Africa: Targeting Pods Market, by Region, 2020–2027

Table 28 Middle East & Africa: Targeting Pods Market, by Type, 2020–2027

Table 29 Middle East & Africa: Targeting Pods Market, by Fit, 2020–2027

Table 30 Middle East & Africa: Targeting Pods Market, by Platform, 2020–2027

Table 31 Middle East & Africa: Targeting Pods Market, by Component, 2020–2027

Table 32 Latin America: Targeting Pods Market, by Region, 2020–2027

Table 33 Latin America: Targeting Pods Market, by Type, 2020–2027

Table 34 Latin America: Targeting Pods Market, by Fit, 2020–2027

Table 35 Latin America: Targeting Pods Market, by Platform, 2020–2027

Table 36 Latin America: Targeting Pods Market, by Component, 2020–2027

List of Figures

FIGURE 1 Research Process of MRFR

FIGURE 2 Top-Down and Bottom-Up Approaches

FIGURE 3 Market Dynamics

FIGURE 4 Impact Analysis: Market Drivers

FIGURE 5 Impact Analysis: Market Restraints

FIGURE 6 Porter's Five Forces Analysis

FIGURE 7 Value Chain Analysis

FIGURE 8 Global Targeting Pods Market Share, by Type, 2020 (%)

FIGURE 9 Global Targeting Pods Market, by Type, 2020–2027 (USD Million)

FIGURE 10 Global Targeting Pods Market Share, by Fit, 2020 (%)

FIGURE 11 Global Targeting Pods Market, by Fit, 2020–2027 (USD Million)

FIGURE 12 Global Targeting Pods Market Share, by Platform, 2020 (%)

FIGURE 13 Global Targeting Pods Market, by Platform, 2020–2027 (USD Million)

FIGURE 14 Global Targeting Pods Market Share, by Component, 2020 (%)

FIGURE 15 Global Targeting Pods Market, by Component, 2020–2027 (USD Million)

FIGURE 16 Global Targeting Pods Market Share (%), by Region, 2020

FIGURE 17 Global Targeting Pods Market, by Region, 2020–2027 (USD Million)

FIGURE 18 North America: Targeting Pods Market Share (%), 2020

FIGURE 19 North America: Targeting Pods Market, by Country, 2020–2027 (USD Million)

FIGURE 20 Europe: Targeting Pods Market Share (%), 2020

FIGURE 21 Europe: Targeting Pods Market, by Country, 2020–2027 (USD Million)

FIGURE 22 Asia-Pacific: Targeting Pods Market Share (%), 2020

FIGURE 23 Asia-Pacific: Targeting Pods Market, by Country, 2020–2027 (USD Million)

FIGURE 24 Middle East & Africa Targeting Pods Market Share (%), 2020

FIGURE 25 Middle East & Africa Targeting Pods Market, by Region, 2020–2027 (USD Million)

FIGURE 26 Latin America Targeting Pods Market Share (%), 2020

FIGURE 27 Latin America Targeting Pods Market, by Region, 2020–2027 (USD Million)

Targeting Pods Market

Targeting Pods Market Size Valued at USD 5.29 Billion, market Grow at a CAGR Of 7.25% by 2020 -2030

$5.29 Billion

Market Size


7.25%

CAGR


European

Dominating Region

2020-2030

Forecast Period

Segmentation

By Fit Oem Fit Upgrade
By Type Flir & Laser Designator And Laser Spot Tracker
By Component Flir Sensor Ccd Camera Mms Ecu Hd Tv Video Datalink
By Platform Combat Aircraft Helicopters Uav

Key Players

  • Lockheed Martin (US)
  • Aselsan (Turkey)
  • Thales Group (France)
  • Raytheon Company (US)
  • Northrop Grumman (US)
  • L-3 Technologies (US)
  • Ultra Electronics (UK)
  • Israel Aerospace Industries (Israel)
  • MOOG Inc. (US)
  • FLIR Systems (US)
  • Rafael Advanced Defense Systems Ltd (Israel)
  • Qioptik (Paris)

Drivers

  • The increased use of aircraft in military missions
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 Targeting Pods Market Overview


The targeting pods are used especially in ground-attack aircraft for identifying the targets. It is easy to detect the targets with the help of targeting pods. This product is essential for military operations. This factor is actively driving the Targeting Pods Market growth. The virtual targeting pods are used to detect various targets like bombs and other laser-guided weapons. Radar targeting pods are beneficial for the air to ground attacks by using laser trackers. Advancement in technology is upgrading the features of the virtual targeting pods. The need for futuristic technology like infrared technologies thermally cooled infrared devices and other infrared technology is boosting the growth of the laser market. The need for target pods will continue in the future years undoubtedly; hence the higher growth of the aircraft market is obvious.


The key players are focusing on innovative ideas to develop the feature and release updated products to meet the need of today's generation. Significant investment has been made in the development of advanced targeting pods. The players are paying their attention to each restraint of the market show that it does not resume the growth process. Because of manufacturing issues of the targeting pods focus, the market faced many problems; the Russian Air force came up with an idea to use piezoelectric ceramic films strips, which led to a breakthrough in building targeting pods. As the attacks on the military are increasing, the demand for the product is even increasing simultaneously. The upgradation of existing military aircraft into modified versions is even driving the aircraft targeting pods market.


The government encourages and supports the Targeting Pods Market to develop advanced products to safeguard the military forces. The military forces receive more government attention because they are the protectors of the Nation. Hence, the government invests in developing advanced targeting pods in the Market for their protection.


Hence, the Market is estimated to show a healthy CAGR of 7% by 2023 during the forecast period. The consistent growth of the UAV targeting pods market can result in its expected worth in the upcoming years.


COVID-19 Analysis


The pandemic has affected almost all the market and resumed its growth rate. The Targeting Pods Market has even been a prey of the virus. The strict lockdown rules and regulations imposed by the government have almost stopped the manufacturing work. The supply of raw materials has been delayed, which stopped the production process. The relationship between the key players and the virtual targeting pods market was hampered. To set everything back into the right place, the key players are trying their best. In the post-pandemic period, the market's growth is developing efficiently, which will help the market reach the estimated CAGR.


 


Chief Variables Existing In The Market


Key Market Drivers


The key market drivers are the major factors that largely drive the market's growth. The increased use of aircraft in military missions is boosting the UAV targeting pods market growth. Aircraft are mostly preferred for active military attacks and other operations. Upgrading the aircraft to a modified version to make it more specialized targeting pods focus is even a boosting factor. The rise in demand for security of the armies and the public is another key driver of the aircraft targeting pods market. 


Market Challenges


The Market is even facing challenges at the global level; the demand for production of advanced features for the advanced targeting pods is not possible at instance all the time. This challenge is lagging the growth of the market. But the key players are trying their best to overcome these issues and focusing on the drivers to drive the UAV targeting pods market growth.


Market Opportunities


The military operations are setting wide opportunities for the Targeting Pods Market. The availability of manufacturers who focus on designing, manufacturing operations, and producing products smoothly to the destination improves the global market trend. The need for radar targeting pods in military missions, especially in the air force, is a huge opportunity for the Targeting Pods Market. This opportunity will continue in the future years.


Restraints


One of the major restraints of the market is the technical constraints of manufacturing virtual targeting pods. This restraint is hitting the market's growth factors, but due to the key drivers, the growth rate of the Targeting Pods Market is maintaining the balance.


Cumulative Evaluation Of The Market


The evaluated report shows that the Targeting Pods Market is progressing significantly, and the progress is expected to continue in the future years. The key drivers are acting as the major driving factor of the market. The UAV market is facing challenges but still the improvement of the market to develop to make the market reach the estimated CAGR during the forecast period. The restraints are the stepping stones affecting the market growth, but the key players are paying attention to it and trying to work on the major growth factors like manufacturing of targeting pods focus.


Market Segmentation


Like the other market, the Market is segmented into different segments. Each segment of the market is analyzed to rate its growth and share.


By Type


The market is segmented into FLIR, laser designator, and laser spot tracker based on the type. The vast usage of infrared sensors, laser designators for targeting and surveillance activities contributes to the laser targeting pods market growth.


By Component


The component segment of the market is classified into FLIR segment, CCD Camera, MMS, ECU, HD TV, and Video Datalink. The FLIR segment of components is projected to highest demand in the market during the assessment period.


By Platform


Based on the platform segment, it is divided into combat aircraft, helicopters, and UAVs. Among these, combat aircraft are receiving the highest market demand, and the growth of this segment to continue in the upcoming years.


By Fit


Based on the Fit segment, the market is divided into OEM and upgrade types; between these, both the OEM hold the largest market share in the global Targeting Pods Market. Due to the demand for airborne targeting and laser designation systems, this segment is showing huge growth in the laser targeting pods market.


Regional Analysis


The Targeting Pods Market is developing its trends in various regions across the globe. Some of the top regions are North America, Asia Pacific, Europe, the Middle East, and South America. According to the survey, the European Market is top in the race, and it is expected to dominate in the market in the future. This is because of the rise in demand for radar targeting pods aircraft. The increase in advanced airborne targeting systems in the UK, France, and Russia is driving the Targeting Pods Market in Europe.


The Asia Pacific will show significant growth in the upcoming years due to the demand for public safety and the defense budget. The other regions are even expected to drive the growth rate of the virtual market and help it acquire the expected CAGR.


Competitive Analysis Within The Industry


The Targeting Pods Market industries are contributing their best to drive the market at the global level. They are focusing on the growth factors and marketing opportunities to help the market to achieve its goal. Lockheed Martin is promoting its Sniper advanced targeting pod across the globe; it is expanding its reach into the Middle East military market for new opportunities.


The list of key players acting as a driving force for the market is mentioned below:



  • Lockheed Martin (US)

  • Aselsan (Turkey)

  • Thales Group (France)

  •  Raytheon Company (US)

  • Northrop Grumman (US)

  • L-3 Technologies (US)

  • Ultra Electronics (UK)

  • Israel Aerospace Industries (Israel)

  • MOOG Inc. (US)

  • FLIR Systems (US)

  • Rafael Advanced Defense Systems Ltd (Israel)

  • Qioptik (Paris)


Recent Market Development


The global Market 2021 by the manufacturers, regions, type, and application, forecast to 2027, is designed in a systematic pattern to understand various dynamics of the market and the definitive growth of the market.


The market is estimated to witness approximately 7% CAGR by 2023 during the evaluation period.


Report Overview


The Targeting Pods Market is expected to continue its growth rate uniformly; the recent development in the features encourages the market to show healthy growth in the future. The various segments of the market are even contributing equally to boost the market growth. The chief players responsibly perform their duty to meet the market demand and help the Targeting Pods Market achieve the expected CAGR during the evaluation period. Planned marketing strategies are implemented to help the UAV market to reach its goal. The various regions are focused and analyzed to notice the growth of the virtual market for every reason.


Key Industrial Segments


By Type



  • FAIR

  • Laser Designator

  • Laser Spot Tracker


By Component



  • FLIR segment

  • CCD Camera

  • MMS

  • ECU

  • HD TV

  • Video Datalink


By Platform



  • Combat Aircraft

  • Helicopters

  • UAV


By Fit



  • OEM Fit

  • Upgrade

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Frequently Asked Questions (FAQ) :

The key factors positively affecting the global market are increasing military aircraft procurement and upgrades of existing aircraft across the world.

The market can gain approximately 7% in the next few years.

Depending on component, the FLIR sensor segment could take the lead.

Europe is expected to be the dominant market.

Factors that bolster the market expansion in APAC are the rising need for public safety and increased defense budgets of developing countries like India, Japan and China.