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Targeting Pods Market Research Report - Forecast till 2035 Infographic

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Targeting Pods Market

ID: MRFR/AD/4563-HCR
128 Pages
Sejal Akre
October 2025

Targeting Pods Market Research Report Information by Fit (OEM and Upgrade), Type (FLIR & Laser Designator and Laser Spot Tracker), Component (FLIR Sensor, CCD Camera, MMS, ECU, HD TV, and Video Datalink), Platform (Combat Aircraft, Helicopters, and UAV), and Region (North America, Asia Pacific, Europe, Middle East, and South America) Forecast till 2035

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Summary Table of Contents Segmentation Download PDF

Targeting Pods Market Summary

The Global Targeting Pods Market is projected to grow from 4.5 USD Billion in 2024 to 8.9 USD Billion by 2035, reflecting a robust growth trajectory.

Key Market Trends & Highlights

Targeting Pods Market Key Trends and Highlights

  • The market is expected to achieve a compound annual growth rate of 6.4 percent from 2025 to 2035.
  • By 2035, the market valuation is anticipated to reach 8.9 USD Billion, nearly doubling from its 2024 valuation.
  • In 2024, the market is valued at 4.5 USD Billion, indicating a strong foundation for future growth.
  • Growing adoption of advanced targeting technologies due to increasing defense modernization efforts is a major market driver.

Market Size & Forecast

2024 Market Size 4.5 (USD Billion)
2035 Market Size 8.9 (USD Billion)
CAGR (2025-2035) 6.4%

Major Players

Lockheed Martin (US), Aselsan (Turkey), Thales Group (France), Raytheon Company (US), Northrop Grumman (US), L-3 Technologies (US), Ultra Electronics (UK), Israel Aerospace Industries (Israel), MOOG Inc. (US), FLIR Systems (US), Rafael Advanced Defense Systems Ltd (Israel), Qioptik (Paris)

Targeting Pods Market Drivers

Increasing Demand for Precision Agriculture

The Global Targeting Pods Market Industry experiences a notable surge in demand driven by the increasing adoption of precision agriculture techniques. Farmers are increasingly utilizing targeting pods to enhance crop yields and optimize resource usage. This trend is particularly evident in regions where agricultural productivity is paramount. For instance, the market is projected to reach 4.5 USD Billion in 2024, reflecting a growing recognition of the benefits associated with precision farming. The integration of targeting pods allows for more accurate planting and resource allocation, thereby contributing to sustainable agricultural practices and improved food security on a global scale.

Key Companies in the Targeting Pods Market market include

Future Outlook

Targeting Pods Market Future Outlook

The Global Targeting Pods Market is projected to grow at a 6.4% CAGR from 2024 to 2035, driven by advancements in military technology, increasing defense budgets, and rising demand for precision targeting systems.

New opportunities lie in:

  • Invest in R&D for next-gen targeting pod technologies to enhance accuracy and efficiency.
  • Expand partnerships with defense contractors to integrate targeting pods into advanced weapon systems.
  • Leverage data analytics to optimize targeting pod performance and operational effectiveness.

By 2035, the Global Targeting Pods Market is expected to achieve substantial growth, reflecting evolving defense needs and technological advancements.

Market Segmentation

The list of key players acting as a driving force for the market is mentioned below:

  • Lockheed Martin (US)
  • Aselsan (Turkey)
  • Thales Group (France)
  •  Raytheon Company (US)
  • Northrop Grumman (US)
  • L-3 Technologies (US)
  • Ultra Electronics (UK)
  • Israel Aerospace Industries (Israel)
  • MOOG Inc. (US)
  • FLIR Systems (US)
  • Rafael Advanced Defense Systems Ltd (Israel)
  • Qioptik (Paris)

Report Scope

Report Attribute/Metric Details
Market Size 2032 USD 4.5 Billion
Compound Annual Growth Rate (CAGR) 7.50% (2022-2030)
Base Year 2023
Market Forecast Period 2024-2032
Historical Data 2019- 2022
Market Forecast Units Value (USD Billion)
Report Coverage Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
Segments Covered Fit, Type, Component, Platform, Region
Geographies Covered North America, Europe, Asia Pacific, and the Rest of the World
Countries Covered The U.S., Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil
Key Companies Profiled Lockheed Martin (US), Aselsan (Turkey), Thales Group (France), Raytheon Company (US), Northrop Grumman (US), L-3 Technologies (US), Ultra Electronics (UK), Israel Aerospace Industries (Israel), MOOG Inc. (US), FLIR Systems (US), Rafael Advanced Defense Systems Ltd (Israel), Qioptik (Paris)
Key Market Opportunities Need for futuristic technology like infrared technologies thermally cooled infrared devices
Key Market Dynamics Increased use of aircraft in military missions is boosting the UAV targeting pods

Market Highlights

Author
Sejal Akre
Senior Research Analyst

She has over 5 years of rich experience, in market research and consulting providing valuable market insights to client. Hands on expertise in management consulting, and extensive knowledge in domain including ICT, Automotive & Transportation and Aerospace & Defense. She is skilled in Go-to market strategy, industry analysis, market sizing, in depth company profiling, competitive intelligence & benchmarking and value chain amongst others.

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FAQs

How much does a Litening Targeting Pods Market cost?

Targeting Pods Market Size at USD 4.5 Billion, Grow at a CAGR Of 6.40% 2030

Who are the key players in the Targeting Pods Market?

Lockheed Martin (US),Aselsan (Turkey),Thales Group (France), Raytheon Company (US),Northrop Grumman (US),L-3 Technologies (US),Ultra Electronics (UK),Israel Aerospace Industries (Israel),MOOG Inc. (US),FLIR Systems (US),Rafael Advanced Defense Systems Ltd (Israel),Qioptik (Paris)

Depending on component, which segment could take the lead?

Depending on component, the FLIR sensor segment could take the lead.

Which region is expected to be the dominant market?

Europe is expected to be the dominant market.

What factors bolster the market expansion in APAC?

Factors that bolster the market expansion in APAC are the rising need for public safety and increased defense budgets of developing countries like India, Japan and China.

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