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The global FLIR (forward-looking infrared) & laser designator targeting pods market is experiencing a significant growth due to increasing demand for enhanced targeting systems. Forward-looking infrared & laser designator uses a thermographic camera that senses infrared radiation and a laser light source is used to designate a target. Targeting pods are target designation devices that identify & guide weapons on the designated target. In addition, targeting pods can be of various types depending on the technology usage for target designation such as laser designator, electro-optical sensor, and radar. Moreover, targeting pods can be used as surveillance system to detect, auto-track, and identify targets over long distances utilizing laser spot tracker for receiving reflected range-finder signal.
Surge in military aircraft upgradation program, increase in demand for aircraft payload-based targeting systems, and rise in adoption of short-wave infrared (SWIR) are the factors that drive the global FLIR & laser designator targeting pods market. However, high cost associated with development & development of targeting pods and stringent policies against transfer of technology hinder the market growth. On the contrary, developments in optical electro-targeting systems, space warfare technology, and fifth-generation fighter aircrafts present new pathways in the industry.
The global FLIR & laser designator targeting pods market trends are as follows:
Military agencies are investing in procurement of modern targeting pods for integration into aging aircrafts to enhance target engagement capabilities. For instance, in 2020, Lockheed Martin Corporation was awarded contract under terms of a 485 million USD to build new versions of legacy electro-optical combat jet target systems for US allies. Further, US Air Force has asked the Lockheed Martin to build the sniper advanced targeting pods (ATP) system; upgraded versions of the low altitude navigation and targeting infrared for night (LANTIRN) navigation pod; and aircraft infrared search and track (IRST) system. The sniper advanced targeting pod provides precision targeting and situational awareness to combat aircraft crews, and is among the most widely deployed targeting system for fixed-wing aircraft in use by the US Air Force and US allies. Such surge in military aircraft upgradation program is expected to boost the global FLIR & laser designator targeting pods market.
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Questions answered in the FLIR & laser designator targeting pods market research report:
FLIR & Laser Designator Targeting Pods Market: by Component Report Highlights
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Key Market Players | MOOG Inc., Ultra Electronics, Oioptik., Raytheon Company, Israel Aerospace Industries, FLIR Systems, Thales Group, Rafael Advanced Defense Systems Ltd, Northrop Grumman, Lockheed Martin Corporation |
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