+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Targeting Pods - Global Strategic Business Report

  • PDF Icon

    Report

  • 197 Pages
  • November 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 5030389
The global market for Targeting Pods was estimated at US$5.0 Billion in 2023 and is projected to reach US$7.1 Billion by 2030, growing at a CAGR of 5.2% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

What Are Targeting Pods and Why Are They Essential in Military Defense?

Targeting pods are advanced sensor systems mounted on military aircraft to enhance their precision targeting capabilities. They are designed to detect, identify, and track targets with unparalleled accuracy, enabling precision-guided munitions to hit their intended marks even in hostile environments. With integrated infrared, electro-optical, and laser designator systems, targeting pods have become indispensable tools in modern warfare. Their role in reducing collateral damage and ensuring mission success is critical, especially in today's geopolitical climate where precision and accountability in military operations are paramount. These pods provide real-time data and situational awareness, aiding in the identification of enemy positions and minimizing risk to both civilians and military personnel. As countries continue to invest in advanced military technologies, targeting pods have evolved into highly sophisticated systems capable of operating in low-visibility conditions and offering enhanced combat effectiveness across various operational scenarios.

How Are Targeting Pods Utilized Across Different Military Platforms?

Targeting pods are widely used across various military platforms, including fighter jets, attack helicopters, and unmanned aerial vehicles (UAVs). Their application is most prominent in air-to-ground combat missions, where precision is key to neutralizing threats without excessive damage to surrounding areas. On fighter jets such as the F-16, F/A-18, and Eurofighter Typhoon, targeting pods allow pilots to execute complex targeting tasks while maintaining operational awareness. Similarly, attack helicopters like the Apache and UAVs such as the MQ-9 Reaper have benefited from these pods, particularly in reconnaissance, surveillance, and precision strike missions. In addition, naval forces are increasingly integrating targeting pods onto ships for enhanced targeting of airborne and surface threats. With the rising demand for multi-mission capability, targeting pods are proving to be versatile tools that adapt to the evolving needs of modern military forces.

What Segments and Technologies Are Propelling Growth in the Targeting Pod Market?

Platform-wise, fighter jets dominate the market due to their extensive use in military operations worldwide. The increasing adoption of UAVs in defense forces is also driving growth, as drones equipped with targeting pods are becoming essential in both reconnaissance and precision strike missions. From a component perspective, advancements in electro-optical and infrared sensors are leading the way in innovation. These components enable enhanced detection capabilities, even in adverse weather conditions. Furthermore, integration with artificial intelligence and machine learning is transforming the targeting pod market, allowing for greater automation and real-time decision-making during missions. Geographically, North America leads the market due to the extensive defense budgets of the U.S. military, followed by Europe and Asia-Pacific, where rising military expenditures are fueling demand for advanced targeting solutions.

The Growth in the Targeting Pod Market Is Driven by Several Factors

The growth in the targeting pod market is driven by several factors, including rising military spending, increasing geopolitical tensions, and advancements in sensor technologies. The demand for precision-guided munitions is a significant driver, as defense forces seek to minimize collateral damage and enhance mission success rates. The integration of AI and machine learning into targeting pods is further accelerating market growth, as these technologies enhance target identification and engagement speed. Additionally, the growing use of UAVs in military operations has expanded the addressable market for targeting pods, particularly in regions focused on enhancing aerial reconnaissance capabilities. Military modernization programs and the continuous need to replace aging fleets of aircraft are also pushing demand for advanced targeting systems. As defense forces worldwide prioritize precision and technological superiority, the targeting pod market is expected to witness sustained growth in the coming years.

Key Insights:

  • Market Growth: Understand the significant growth trajectory of the FLIR & Laser Designator Pods segment, which is expected to reach US$2.9 Billion by 2030 with a CAGR of a 6.1%. The Laser Designator Pods segment is also set to grow at 5.1% CAGR over the analysis period.
  • Regional Analysis: Gain insights into the U.S. market, which was valued at $1.3 Billion in 2023, and China, forecasted to grow at an impressive 4.7% CAGR to reach $1.1 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

  • Detailed Market Analysis: Access a thorough analysis of the Global Targeting Pods Market, covering all major geographic regions and market segments.
  • Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
  • Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Targeting Pods Market.
  • Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

  • How is the Global Targeting Pods Market expected to evolve by 2030?
  • What are the main drivers and restraints affecting the market?
  • Which market segments will grow the most over the forecast period?
  • How will market shares for different regions and segments change by 2030?
  • Who are the leading players in the market, and what are their prospects?

Report Features:

  • Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
  • In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
  • Company Profiles: Coverage of major players such as Aselsan A.S., FLIR Systems, Inc., Israel Aerospace Industries (IAI), and more.
  • Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 47 Featured):

  • Aselsan A.S.
  • FLIR Systems, Inc.
  • Israel Aerospace Industries (IAI)
  • L-3 Communications Holdings, Inc.
  • Lockheed Martin Corporation
  • Moog, Inc.
  • Northrop Grumman Corporation
  • Qioptiq Photonics GmbH & Co KG
  • Rafael Advanced Defense Systems Ltd.
  • Raytheon Company
  • Thales Group
  • Ultra Electronics

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Impact of COVID-19 and a Looming Global Recession
  • Targeting Pods - Global Key Competitors Percentage Market Share in 2024 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Growing Military Expenditure Expands the Market for Targeting Pods
  • Increasing Focus on Precision-Guided Munitions Spurs Demand for Targeting Pods
  • Advancements in Target Acquisition Technology Propel Market Growth
  • Airborne ISR Capabilities Strengthen the Business Case for Targeting Pods
  • Fighter Aircraft Modernization Programs Generate Opportunities for Advanced Pods
  • Rising Geopolitical Tensions Drive Adoption of Targeting Pods
  • Integration of AI and Machine Learning Expands Application Scope for Targeting Pods
  • Shift Toward Lightweight and Modular Targeting Pods Fuels Growth
  • Multi-Function Pods Generate Interest for Versatile Combat Missions
  • Focus on Reducing Collateral Damage Accelerates Adoption of Precision Pods
  • UAV Integration with Targeting Pods Strengthens Market Expansion
  • Defense Spending on Stealth and Countermeasures Supports Demand for Advanced Pods
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Targeting Pods Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
  • Table 2: World Recent Past, Current & Future Analysis for Targeting Pods by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 3: World Historic Review for Targeting Pods by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 4: World 16-Year Perspective for Targeting Pods by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2014, 2024 & 2030
  • Table 5: World Recent Past, Current & Future Analysis for FLIR & Laser Designator Pods by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 6: World Historic Review for FLIR & Laser Designator Pods by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 7: World 16-Year Perspective for FLIR & Laser Designator Pods by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2024 & 2030
  • Table 8: World Recent Past, Current & Future Analysis for Laser Designator Pods by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 9: World Historic Review for Laser Designator Pods by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 10: World 16-Year Perspective for Laser Designator Pods by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2024 & 2030
  • Table 11: World Recent Past, Current & Future Analysis for Laser Spot Tracker Pods by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 12: World Historic Review for Laser Spot Tracker Pods by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 13: World 16-Year Perspective for Laser Spot Tracker Pods by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2024 & 2030
  • Table 14: World Recent Past, Current & Future Analysis for FLIR Pods by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 15: World Historic Review for FLIR Pods by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 16: World 16-Year Perspective for FLIR Pods by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2024 & 2030
  • Table 17: World Recent Past, Current & Future Analysis for High Definition (HD) TV by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 18: World Historic Review for High Definition (HD) TV by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 19: World 16-Year Perspective for High Definition (HD) TV by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2024 & 2030
  • Table 20: World Recent Past, Current & Future Analysis for Environmental Control Unit (ECU) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 21: World Historic Review for Environmental Control Unit (ECU) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 22: World 16-Year Perspective for Environmental Control Unit (ECU) by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2024 & 2030
  • Table 23: World Recent Past, Current & Future Analysis for Processor by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 24: World Historic Review for Processor by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 25: World 16-Year Perspective for Processor by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2024 & 2030
  • Table 26: World Recent Past, Current & Future Analysis for FLIR Sensor by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 27: World Historic Review for FLIR Sensor by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 28: World 16-Year Perspective for FLIR Sensor by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2024 & 2030
  • Table 29: World Recent Past, Current & Future Analysis for Charged Coupled Device (CCD) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 30: World Historic Review for Charged Coupled Device (CCD) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 31: World 16-Year Perspective for Charged Coupled Device (CCD) by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2024 & 2030
  • Table 32: World Recent Past, Current & Future Analysis for Video Data Link by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 33: World Historic Review for Video Data Link by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 34: World 16-Year Perspective for Video Data Link by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2024 & 2030
  • Table 35: World Recent Past, Current & Future Analysis for Moving Map System (MMS) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 36: World Historic Review for Moving Map System (MMS) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 37: World 16-Year Perspective for Moving Map System (MMS) by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2024 & 2030
  • Table 38: World Recent Past, Current & Future Analysis for Other Components by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 39: World Historic Review for Other Components by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 40: World 16-Year Perspective for Other Components by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2024 & 2030
III. MARKET ANALYSIS
UNITED STATES
  • Targeting Pods Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
CANADA
JAPAN
  • Targeting Pods Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
CHINA
  • Targeting Pods Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
EUROPE
  • Targeting Pods Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
FRANCE
  • Targeting Pods Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2024 (E)
GERMANY
  • Targeting Pods Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2024 (E)
ITALY
UNITED KINGDOM
  • Targeting Pods Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2024 (E)
REST OF EUROPE
ASIA-PACIFIC
  • Targeting Pods Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
REST OF WORLDIV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Aselsan A.S.
  • FLIR Systems, Inc.
  • Israel Aerospace Industries (IAI)
  • L-3 Communications Holdings, Inc.
  • Lockheed Martin Corporation
  • Moog, Inc.
  • Northrop Grumman Corporation
  • Qioptiq Photonics GmbH & Co KG
  • Rafael Advanced Defense Systems Ltd.
  • Raytheon Company
  • Thales Group
  • Ultra Electronics

Table Information