9:02 AM Targeting Pods Market to experience an impressive growth of 7.2% during 2020-2025 |
Targeting Pods Market Report: Trends, Analysis & Forecast up to 2025. Discover associated growth opportunities, market dynamics, success factors and more. Targeting Pods market is likely to witness an impressive CAGR of 7.2% during the forecast period. The unprecedented growth of the market can be ascribed to the rising military aircraft procurement along with the upgradation of prevalent aircraft across the globe. The escalating military aircraft procurement by different countries has triggered off an upsurge in the demand for aircraft payload-based targeting system, i.e. targeting pods for capability improvement in precision targeting. Click here to get a Free Sample of the report (with additional insights): https://www.stratviewresearch.com/Request-Sample/604/targeting-pods-market.html Or Read the summary of the report here: https://www.stratviewresearch.com/604/targeting-pods-market.html Targeting Pods Market Segment Insights: By Type: The FLIR & laser designator pods segment is estimated to remain dominant during the forecast period. The growing application of forward-looking infrared sensors, along with laser designators for targeting and surveillance, is driving the growth of the segment. By Component Type: The FLIR sensor segment is expected to remain dominant in the coming five years. The market is driven by the rise in spending on aircraft with precision attack capabilities under low light conditions. By Fit Type: The OEM fit segment is estimated to lead the market during the forecast period due to the growth in the expenditure on airborne targeting and laser designation systems. By Platform Type: The combat aircraft segment is expected to be dominant during the forecast period, sustained by the rise in expenditure on upgradation of prevalent aircraft and new aircraft procurement programs, primarily for precision ground attack capabilities. The UAVs segment is estimated to depict the highest growth in the coming five years, owing to the rise in spending on reconnaissance and surveillance operations. By Region: Europe held the largest share of the targeting pods market in 2018, followed by Asia-Pacific and North America. Europe’s large share can be ascribed to the rising expenditure on advanced airborne targeting systems by economies, such as the UK, France, and Russia and upgradation and procurement of targeting pod-based aircraft. Russia was expected to emerge out as the leading market for targeting pods in Europe in 2018. The prime reason for Russia’s dominance of the European targeting pods market is owing to the country’s aircraft upgradation programs. North America and Asia-Pacific are also expected to offer substantial growth opportunities during the forecast period. Click below to run through the detailed ToC of the report: https://www.stratviewresearch.com/toc/604/targeting-pods-market.html Features of the Report This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. Based on the research, a proper report is crafted with the following key features:
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