Targeting Pods Market -Overview
Ground-attack aircraft use targeting pods, which are electronic devices that guide Precision-Guided Munitions (PGM) and identify targets, including laser-guided bombs, to those targets. The system will enhance air-to-ground strikes in cooperative or autonomous mode by using unified lasers and laser spot trackers. Due to the advent of advanced technologies such as forward-looking infrared technology, thermally cooled infrared devices, and infrared technologies, the global market for targeting pods is expected to rise rapidly throughout the forecasted period. According to MRFR reports, the worldwide targeting pods market is likely to develop at a significant rate over the forecast period.
The market for aircraft payload-based targeting systems targeting pods has increased as a result of the development in military aircraft purchase in a number of countries. As a result, significant investment has been made in the development of targeting pods design, which is expected to improve the targeting pods market’s performance in the approaching years. The technological limits of generating targeting pods, however, are expected to stifle industry expansion. Furthermore, increased military aircraft procurement and upgrades are expected to support market growth throughout the estimated period.
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The notable contenders in the targeting pods market are, Raytheon Company (US), Aselsan (Turkey), Rafael Advanced Defense Systems Ltd (Israel), MOOG Inc. (US), Ultra Electronics (UK), Northrop Grumman (US), Thales Group (France), and Lockheed Martin (US) among several others.
The segmental investigation of the targeting pods is conducted based on platform, type, fit, component, and region. By fit, the targeting pods market is divided into upgrade and OEM fit. By type, the targeting pods market for targeting pods is divided into laser spot tracker and FLIR & laser designator. Based on the platform, the targeting pods market is bifurcated into A.V., helicopters, and combat aircraft.
The regional scrutiny of the market for targeting pods includes South America, North America, the Middle East & Africa, Europe, and Asia-Pacific. The European region is likely to lead the global market for targeting pods over the review timeframe owing to the augmented spending on innovative airborne targeting systems by countries, such as Russia, France, and the UK, and the procurement & upgrades of targeting pod-based aircraft. Russia’s dominance in the European market is another driving aspect of the growth of the regional market. The Asia-Pacific regional market for targeting pods is likely to secure the second position globally due to the augmented defense budgets of developing countries and the growing need for public safety.
May 2021 Following a protracted and periodically delayed process, the Russian Aerospace Forces (VKS) have received Su-34 bombers modified with new multipurpose targeting pods as part of the Sych programme. Several aircraft are now equipped with reconnaissance pods to improve the Su-34’s capacity to detect ground targets of various types, according to aerospace industry sources cited by Russian state-run news agency TASS. UKR-OE for EO reconnaissance, UKR-RL for radar reconnaissance, and UKR-RT for electronic reconnaissance are among these pods.