Dublin, May 31, 2018 (GLOBE NEWSWIRE) -- The "Targeting Pods Market by Type (FLIR & Laser Designator Pods, Laser Spot Tracker), Component, Platform (Combat Aircraft, Helicopters, UAV), Fit (OEM Fit & Upgradation), & Region - Global Forecast to 2022" report has been added to ResearchAndMarkets.com's offering.
The Targeting Pods Market is Projected to Grow from USD 3.26 Billion in 2017 to USD 4.49 Billion By 2022, at a CAGR of 6.61%
Increasing installation of targeting pods on existing & new fighter aircraft for intelligence, surveillance & reconnaissance, and laser target designation in emerging economies are expected to drive the targeting pods market
The increasing number of targeting pod installations on new aircraft and upgradation of system avionics of existing aircraft by integrating with targeting pods are expected to drive the targeting pods market. On the other hand, the increasing adoption of fifth generation aircraft, which have embedded targeting pods, is expected to restrain the market growth.
The UAVs segment is expected to witness the highest growth during the forecast period
Based on platform, the UAVs segment is projected to grow at the highest CAGR during the forecast period. This growth is attributed to the growing defense budgets of emerging economies and the increased spending on military infrastructure. With growing defense budgets, modernization and development of military aircraft as well as demand for surveillance and reconnaissance for strategic purposes are also increasing.
The targeting pods market is expected to witness the highest growth in the Asia Pacific region during the forecast period
The Asia Pacific targeting pods market is projected to grow at the highest CAGR during the forecast period, while Europe accounted for the largest share of the targeting pods market in 2017. Growth in the procurement of new aircraft and upgradation programs for military aircraft are expected to drive the targeting pods market in the coming years.
Major companies profiled in the targeting pods market report include Lockheed Martin (US), Raytheon Company (US), Thales Group (France), and Israel Aerospace Industries (Israel).
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunities in the Targeting Pods Market
4.2 Targeting Pods Market, By Type
4.3 Targeting Pods Market, By Component
4.4 Targeting Pods Market, By Platform
4.5 Targeting Pods Market, By Fit
4.6 Targeting Pods Market Share, By Country
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Demand for Better Targeting Systems
5.2.2 Restraints
5.2.2.1 Increasing Adoption of Fifth-Generation Aircrafts Worldwide With Embedded Targeting Systems
5.2.3 Opportunities
5.2.3.1 Increasing Aircraft Upgradation Programs
5.2.4 Challenges
5.2.4.1 Limited Operational Range of Targeting Pods
5.2.4.2 Proven Capability and Reliability of Radars
6 Industry Trends
6.1 Introduction
6.2 Future Trends
6.3 Technology Trends
6.3.1 Infrared Technologies
6.3.2 Thermally Cooled Infrared Devices
6.3.3 Forward Looking Infrared Technology
6.4 Patent/ Patent Applications
7 Targeting Pods Market, By Type
7.1 Introduction
7.2 Flir & Laser Designator Pods
7.3 Laser Designator Pods
7.4 Flir Pods
7.5 Laser Spot Tracker Pods
8 Targeting Pods Market, By Component
8.1 Introduction
8.2 Flir Sensor
8.3 Charge Coupled Device (CCD) Camera
8.4 Environmental Control Unit (ECU)
8.5 Moving Map System (MMS)
8.6 Video Datalink
8.7 Digital Data Recorder
8.8 Processor
8.9 High Definition (HD) TV
9 Targeting Pods Market, By Fit
9.1 Introduction
9.2 OEM Fit
9.3 Upgradation
10 Targeting Pods Market, By Platform
10.1 Introduction
10.2 Combat Aircraft
10.3 Unmanned Aerial Vehicle (UAV)
10.4 Attack Helicopters
10.5 Bombers
11 Targeting Pods Market, By Region
12 Competitive Landscape
12.1 Introduction
12.2 Market Ranking Analysis, 2016
12.3 Competitive Situations and Trends
12.3.1 Contracts
13 Company Profiles
13.1 Lockheed Martin
13.2 Aselsan
13.3 Thales Group
13.4 Raytheon Company
13.5 Northrop Grumman
13.6 L-3 Communications
13.7 Ultra Electronics
13.8 Israel Aerospace Industries
13.9 Moog
13.10 Flir Systems
13.11 Rafael Advanced Defense Systems Ltd.
13.12 QI Optik
For more information about this report visit https://www.researchandmarkets.com/research/8c99ks/targeting_pods?w=12