“Targeting Pods market set to grow to $7bn by 2029” says new Visiongain report
30 April 2019
Visiongain has launched a new defence report Targeting Pods Market Forecast 2019-2029: Analysis of Type (FLIR and Laser Designators, Laser Designators, FLIR Pods, Laser Spot Tracker Pods), Platform (Attack Aircraft, Attack Helicopters, UAVs, Bomber Aircraft), Component (FLIR Sensors, CCD Camera, ECU, MMS, Video Datalink, Processors, HD TV), Plus Analysis of Leading Companies.
Targeting pods are tools used by military aircraft for identifying targets. It guides precision guided munitions (PGM) such as laser-guided bombs to those targets. The first targeting pods were developed in the mid-1960s. Targeting pods offer advanced features such as integrated GPS that enables users to receive precise target location and also allow to store and share data with other users with the help of wired and wireless connection for enhanced communication. Moreover, they allow users to obtain clear images of targets identified.
The governments are investing and upgrading their capabilities globally by placing contracts, and also fulfilling the needs of the war fighters such as reliability rates and sniper’s availability. Moreover, ongoing investments in short-wave infrared to improve targeting capability in low and haze light will boost the market during the forecast period. Additionally, the development of a two-way data-link configuration is estimated to double the capability of targeting pods for providing surveillance, intelligence, and reconnaissance (ISR) solution to the end users
Leading companies featured in the report who are developing targeting pods includes BAE Systems, Boeing, Lockheed Martin, L3 Technologies, Raytheon Company, Thales, Moog, among others.
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