20 Aug 2021
Ground attack aircraft use Targeting Pods to identify targets and guide precision guided munitions (PGM) such as laser guided bombs to those targets. The design of laser guided bombs requires “laser spot tracker” that locates reflected pulsed laser light from a designated target. Many Targeting Pods or installations use the sensor as the laser spot tracker to receive the reflected rangefinder signal, so they can perform both ranging and tracking. All sensors are integrated into a single pod in Targeting Pods to enable many missions, such as target detection, recognition, and identification, laser at stand-off, EO tracking of multi-stationary objects, auto detection of multiple dynamic and aerial targets, and so on.
Global Targeting Pods Market is valued at USD 3878.1 Million in 2020 and expected to reach USD 6026.4 Million by 2027 with a CAGR of 6.5% over the forecast period.
There are various types of Targeting Pods like laser spot tracker pods, laser designator pods, FLIR pods, FLIR and laser designator pods and radar homing pods. Targeting Pods offer superior targeting capabilities via exceptionally long detection, ID ranges, recognition. It uses MWIR, SWIR, HD color sensors. Targeting Pods enables cooperative missions with target hand-over by laser spot detection and laser marking, utilizing night Vision goggles. Targeting Pods are used in aircraft and military forces i.e. in defense sector to detect the targets. In 1960 first Targeting Pods were developed in conjunction with the earliest generation of PGMs.
Lockheed Martin is an American aerospace, arms, defense, information security and technology company with interests around the world. The company was founded in 1995 and is headquartered at 6801 Rockledge Dr, Bethesda, Maryland, USA. Lockheed Martin is one of the largest companies in the aerospace, military support, security and technology industries. Lockheed Martin had nearly 114,000 Employees and had revenue of $65 Billion.
Raytheon Technologies Corporation is an American multinational aerospace and defense company. The CompanyEstablished in 2020 and headquartered at 870 Winter St, Waltham, Massachusetts, 02451,United States.It is one of the largest aerospace, intelligence services providers,and defense manufacturers in the world by revenue and market capitalization.Raytheon Technologies (RTX) researches, develops and manufactures advanced technology products in the aerospace and defense industries, including aircraft engines, avionics, avionics structures,security cybersecurity, guided missiles , air defense systems, satellites and drones.Raytheon Technologies had nearly 181,000 Employees and had revenue of $56 Billion.
Northrop Grumman Corporation is an American multinational aerospace and defense technology company. Northrop Grumman Founded in 1994 and headquartered at 2980 Fairview Park Dr, Falls Church, Virginia, 22042, USA. it is one of the largest weapons manufacturers and suppliers of military technology in the world. Northrop Grumman is currently leading the development of the B21 Raider, a long-range stealth strategic bomber and nuclear weapon. Northrop Grumman had nearly 97,000 Employees and had revenue of $36 Billion.
The Thales Group is a French multinational company specializing in the design and manufacture of electrical systems and a company founded in 2000 and headquartered at 31 Place des Corolles CS 20001, Paris La Défense, IledeFrance, 92098 , France. Thales Company provides services to the aerospace, defense, transportation and security markets. Thales had nearly 83,000 Employees and had revenue of $22 Billion.
L3Harris Technologies (L3Harris) is an American technology company founded in 2019 and headquartered at 1025 W. Nasa Boulevard, Melbourne, Florida, 32919, United States. The company partners with a defense contractor and IT service provider to manufacture C6ISR products and systems, wireless equipment, tactical radios, avionics and avionics and systems, and vision equipment. night, terrestrial and space antennas for the government, defense and commercial sectors. L3Harris Technologies had nearly 50,000 Employees and had revenue of $18 Billion.
Israel Aerospace is Israel's leading aerospace and aircraft manufacturer, producing aeronautical and spaceflight systems for military and civilian use. The company was founded in 1953 and headquartered at Ben Gurion International Airport, Lod, Central District, Israel. IAI designs, develops, manufactures and services civil aircraft, unmanned aerial vehicles, combat aircraft, missiles, avionics and spaceflight. IAI mainly focuses on high-tech engineering, aeronautics and electronics. It also manufactures military systems for land and naval forces. Israel Aerospace Industries had nearly 16,000 Employees and had revenue of $4 Billion.
Rafael Advanced Defense Systems Ltd. is an Israeli defense technology company founded in 1948 and headquartered at PO Box 2250, Haifa, Israel. It was established to develop weapons and military technology. Rafael develops and manufactures weapons, military and defense technology for the Israel Defense Forces and exports them abroad. Rafael had nearly 8,000 Employees and had revenue of $2 Billion.
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- Market Share Analysis
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- Key pointers from COVID-19 impact assessment:
- Impact of COVID-19 pandemic on the global economy.
- Variations in demand share & supply chain of the market.
- Projected post COVID-19 market scenario.
- Competitive benchmarking
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