Global Automotive Targeting Pods Market, By Type (FLIR & Laser Designator Pods, Laser Designator Pods, FLIR Pods, Laser Spot Tracker), Fit (OEM Fit, Upgradation), Component (FLIR Sensor, Charge Coupled Device Camera, Environmental Control Unit , Moving Map System Digital Data Recorder, Processor, Video Data Link, High Definition TV), Platform (Combat Aircraft, Unmanned Aerial Vehicles, Attack Helicopters, Bombers), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Automotive Targeting Pods Market
Automotive targeting pods market is expected to witness market growth at a rate of 6.60% in the forecast period of 2021 to 2028. Data Bridge Market Research report on automotive targeting pods market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in demand for advanced targeting systems across the globe is escalating the growth of automotive targeting pods market.
Targeting pods refers to tool consisting of laser maker, video data link, and laser spot tracking system, digital data recorder and dual mode laser which is specifically designed for the military application for identifying the target. These operate through both wired and wireless connection offering better communication and clear image of the target spot. Targeting pods also offer GPS allowing users to receive target areas for sharing and storing information with the other users.
The rise in military aircraft procurement by several countries increases the demand for targeting pods owning to its precise targeting capability which act as the major factor for driving the growth of automotive targeting pods market. Technological advancement in the advanced targeting systems and the customized upgrades based on the consumer’s requirements influence the market growth. The increase in adoption by numerous sectors including aviation, naval, and automotive and its features such as accuracy and convenience which raises its demand also act as driving factors. Additionally, the rise in investment and adoption by government for security measures and increasing terrorist activities affect the market growth. Furthermore, the growing need for futuristic technologies such as forward-looking infrared technology thermally cooled infrared devices and infrared technologies extend profitable opportunity to the market players in the forecast period of 2021 to 2028.
On the other hand, the high development and maintenance cost of the targeting systems and the decreasing defense expenditure in the developed nations are factors expected to obstruct the market growth. Technical constraints of manufacturing and implementation of stringent regulations associated with the import and export of defense articles are projected to challenge the automotive targeting pods market in the forecast period of 2021-2028.
This automotive targeting pods market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on automotive targeting pods market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Automotive Targeting Pods Market Scope and Market Size
Automotive targeting pods market is segmented on the basis of type, fit, component and platform. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of type, the automotive targeting pods market is segmented into FLIR & laser designator pods, laser designator pods, FLIR pods and laser spot tracker.
- On the basis of fit, the automotive targeting pods market is segmented into OEM fit and upgradation.
- On the basis of component, the automotive targeting pods market is segmented into FLIR sensor, charge coupled device camera, environmental control unit, moving map system digital data recorder, processor, video data link, high definition TV.
- On the basis of platform, the automotive targeting pods market is segmented into combat aircraft, unmanned aerial vehicles, attack helicopters and bombers.
Global Automotive Targeting Pods Market Country Level Analysis
Automotive targeting pods market is analyzed and market size, volume information is provided by country, type, fit, component and platform as referenced above.
The countries covered in the automotive targeting pods market report are the U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Asia-Pacific is expected to witness the highest growth in the forecast period of 2021 to 2028 because of the increase in demand for public safety, development activities by several various space organizations and initiatives by government in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Automotive Targeting Pods Market Share Analysis
Automotive targeting pods market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to automotive targeting pods market.
The major players covered in the automotive targeting pods market report are Lockheed Martin Corporation., ASELSAN A.S., Thales Group, Raytheon Technologies Corporation, Northrop Grumman Corporation., L3Harris Technologies, Inc., Ultra., IAI, Moog Inc., FLIR, Rafael Advanced Defense Systems Ltd., Excelitas Technologies Corp., ASELSAN A.S., Elbit Systems Ltd., Leonardo DRS, BAE Systems., Rheinmetall AG, Collins Aerospace, Saab, Textron Inc. among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.