USD 4.95 billion
Targeting Pods Market Size, Share, and Growth Analysis
Targeting Pods Market By Type (FLIR & Laser Designator Pods, Laser Designator Pods), By Component (FLIR Sensor, CCD Camera), By Platform (Combat Aircraft, Helicopters), By Fit (OEM, Upgrade), By Region - Industry Forecast 2025-2032
Report ID:
SQMIG20A2043 |
Region:
Global |
Published Date: March, 2025
Pages:
202
|Tables:
64
|Figures:
78
Format -
Targeting Pods Market Insights
Targeting Pods Market size was valued at USD 4.95 billion in 2023 and is poised to grow from USD 5.28 billion in 2024 to USD 8.87 billion by 2032, growing at a CAGR of 6.7% during the forecast period (2025-2032).
The targeting pods are used especially in ground-attack aircraft for identifying the targets. The targeting pods, it is easy to accurately hit the targets. This product is essential for military operations, and is crucial for ensuring success.
The virtual targeting pods are used to detect specific targets, like bombs and other laser-guided weapons. The use of radar targeting pods in air to ground attacks is beneficial because they use laser trackers to ensure accurate strikes. The advancement of technology is enabling more accurate and efficient virtual targeting pods.
The growth of infrared technologies, such as thermally cooled infrared devices and other infrared technologies, is boosting the growth of the laser market.
The aircraft market is growing rapidly, and this is likely to continue in the future. This is because there is a need for target pods. Pods offer advanced features such as integrated GPS, which helps users to receive precise target location as well as store and share data with other users wirelessly.
In addition, they allow users to obtain clear images of targets identified using a color touch display. Ground Moving Target Indication (GMTI) capability is offered on targeting pods, which can help users detect moving ground vehicles. It helps the child figure out what is moving and what is not, by distinguishing between moving and unmoving objects. Among these are its ability to store large amounts of data, as well as its mission history recording capability.
US Targeting Pods Market is poised to grow at a sustainable CAGR for the next forecast year.
Market snapshot - 2025-2032
Global Market Size
Largest Segment
OEM
Fastest Growth
Upgrade types
Growth Rate
6.7% CAGR
Global Targeting Pods Market ($ Bn)
Country Share for North America Region (%)
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Targeting Pods Market Segments Analysis
Global Targeting Pods Market is segmented by Type, Component, Platform, Fit and region. Based on Type, the market is segmented into FLIR & Laser Designator Pods, Laser Designator Pods, FLIR Pods and Laser Spot Tracker. Based on Component, the market is segmented into FLIR Sensor, CCD Camera, MMS, ECU, HD TV and Video Datalink. Based on Platform, the market is segmented into Combat Aircraft, Helicopters and UAVs. Based on Fit, the market is segmented into OEM and Upgrade. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
Targeting Pods Market Analysis by Type
Based on the type, The FLIR and laser designator pod segment is expected to lead the market through the forecast period. The growth of the FLIR laser targeting and surveillance market is due to the increasing demand for these devices.
Targeting Pods Market Analysis by Fit
Based on the Fit, Both the original equipment manufacturer (OEM) and the target market hold a large share of the global targeting pods market. The demand for laser targeting systems is on the rise, and this segment is seeing a big expansion in the market.
Targeting Pods Market Analysis by Platform
Based on the Platform, The combat aircraft segment is estimated to be the largest in the market, due to the increase in spending on new aircraft procurement and upgrades to existing aircraft for precision ground attack abilities. The UAV market is expected to be the fastest segment during the forecast period owing to increasing spending in surveillance and reconnaissance business.
Global Targeting pods Market By Fit Type (%)
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Targeting Pods Market Regional Insights
Europe is expected to be the dominant player in the targeting pod market during the forecast period, thanks to increased investment in upgrading programs for targeting pods and advanced technologies by countries such as the U.K. and France. The region has a number of technologically advanced companies, which has helped to promote economic growth.
The Asia Pacific market is expected to grow rapidly during the forecast period as geopolitical tensions between India, China, South Korea, and others lead to increased demand for targeting pods in Western countries and growing awareness of advanced products. Defense development activities in countries such as India and China are helping to fuel the growth of the defense market.
Global Targeting pods Market By Region
- Largest
- Fastest
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Targeting Pods Market Dynamics
Targeting Pods Market Drivers
Development of Defense Infrastructure to Bolster Demand for Targeting Pods
- The pod is an electronic device that can assist ground attack by identifying targets at a low altitude and directing the munitions to those targets. The need for enhancing air force defense systems around the world is expected to drive the pod market. As infrared technologies become more popular, the market is opening up new opportunities for companies that produce infrared devices and forward-thinking infrared technologies. This will create growth for the market players. The targeting pod provider needs to find a pod that works well in low light and bad weather conditions.
Targeting Pods Market Restraints
Stringent Regulations to Hinder Market Growth
- There are a number of factors that are likely to keep the growth of the targeting pod market subdued, including high costs associated with developing and maintaining targeting pods, and decreasing defense spending in developed countries. The government's strict regulations about importing and exporting defense articles are likely to have a negative effect on the market.
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Targeting Pods Market Competitive Landscape
The Targeting Pod Market is seeing growth around the globe. This is thanks to the industries that are contributing their best to the market. The company is focusing on growth factors and marketing opportunities to help the market reach its goals. Lockheed Martin is promoting its Sniper advanced targeting pod to military buyers around the world; the pod is expanding its reach into the Middle East military market.
Top Players in Targeting Pods Market
- Lockheed Martin Corporation (USA)
- Northrop Grumman Corporation (USA)
- Leonardo S.p.A. (Italy)
- Thales Group (France)
- L3Harris Technologies (USA)
- BAE Systems (UK)
- Elbit Systems Ltd. (Israel)
- General Atomics (USA)
- Rafael Advanced Defense Systems (Israel)
- Israel Aerospace Industries Ltd. (Israel)
- FLIR Systems, Inc. (USA)
- Ultra Electronics Holdings plc (UK)
- Moog Inc. (USA)
- Textron Inc. (USA)
- Aselsan A.S. (Turkey)
- Bharat Electronics Limited (India)
- CACI International Inc. (USA)
Targeting Pods Market Recent Developments
- In January 2024, Researchers at Southeast University in Nanjing, China, unveiled the design of their next-generation electronic warfare (EW) weapon in a peer-reviewed journal. Distinguishing itself from existing EW weapons, the Chinese-developed weapon purportedly has the capability to emit multiple beams of electromagnetic waves from a single antenna, enabling it to target multiple objects simultaneously.
- In February 2024, The US Air Force is embarking on an innovative partnership with defense giant Northrop Grumman to introduce a groundbreaking advancement to the skies—the LITENING Large Aperture (LA) targeting pod. Revealed by Northrop Grumman on Tuesday, February 13, this collaboration represents more than just an enhancement; it signifies a revolution in illuminating the darkness and targeting elusive entities.
- In October 2023, SAP SE honored six global partners with awards for excellence in the Intelligent Spend and Business Network line of business (LoB) during the SAP Spend Connect Live event held in Vienna.
Targeting Pods Key Market Trends
- Pods are used for combat missions for surveillance and attacking targets located on the ground. They can be deployed on multiple platforms, including fighter aircraft, helicopters, and unmanned aerial vehicles. With the advent of new technology, the targeting pod technology is evolving to better meet the needs of challenging combat missions. Several well-known manufacturers, including Northrop Grumman Corporation, Thales Group, and Raytheon Company, are constantly upgrading their targeting pods to meet the demand from air force agencies across the globe for technologically advanced targeting pods.
Targeting Pods Market SkyQuest Analysis
Sky Quest's ABIRAW (Advanced Business Intelligence, Research and Analysis Wing) is our Business Information Services team that collects, collates, Co-relates and analyses the Data collected by means of Primary Exploratory Research backed by the robust Secondary Desk research.
According to our analysis, Due to their versatility in conducting both aerial warfare and ground-support tasks, combat aircraft are essential for defense against aerial threats. By promoting the domestic development of fifth-generation and the anticipated sixth-generation combat aircraft, global military superpowers like the United States, the United Kingdom, China, France, and Japan are vying to achieve a profound reconceptualization of contemporary aerial warfare techniques.
Due to its adaptable performance to successfully meet the requirements of the end-user forces for a range of tasks, the F-16 is one of Lockheed Martin's most popular combat aircraft designs. Countries in Africa, South America, and Asia-Pacific, which are now unable to purchase an F-35, are the main drivers of the market for F-16s.
| Report Metric | Details |
|---|---|
| Market size value in 2023 | USD 4.95 billion |
| Market size value in 2032 | USD 8.87 billion |
| Growth Rate | 6.7% |
| Base year | 2024 |
| Forecast period | 2025-2032 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Targeting Pods Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Targeting Pods Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Targeting Pods Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Targeting Pods Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Targeting Pods Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Targeting Pods Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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