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Laser Designator Targeting Pods Market: Size, Share, Growth, Analysis, Key Players, Revenue, Growth | Valuates Reports
Laser Designator Targeting Pods MarketThe growing demand for improved targeting systems, the global laser designator targeting pods market is booming. Targeting pods are instruments that classify and direct arms towards the assigned target. Precision-guided munitions (PGM), such as laser-guided weaponry, use targeting pods. When a target is identified by a laser designator. A series of coded bursts of laser light are fired; the beam is invisible and does not shine continuously. The laser light signals bounce off the target and into the sky where they are detected by the seeker on the laser-guided munitions, which steers itself towards the reflected signals core.
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The global Laser Designator Targeting Pods market was valued at US$ million in 2022 and is anticipated to reach US$ million by 2029, witnessing a CAGR of % during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
North American market for Laser Designator Targeting Pods is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
Asia-Pacific market for Laser Designator Targeting Pods is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
The global market for Laser Designator Targeting Pods in UAV is estimated to increase from $ million in 2023 to $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
The key global companies of Laser Designator Targeting Pods include Aselsan, FLIR Systems, Inc., IAI, Lockheed Martin Corporation, Moog Inc., Northrop Grumman, Raytheon Technologies Corporation, Rafael Advanced Defense Systems Ltd. and Thales Group, etc. In 2022, the world's top three vendors accounted for approximately % of the revenue.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Laser Designator Targeting Pods, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Laser Designator Targeting Pods.
The Laser Designator Targeting Pods market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Laser Designator Targeting Pods market comprehensively. Regional market sizes, concerning products by type, by application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Laser Designator Targeting Pods companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.
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Segment by Type
• Environmental Control Unit
• Charged Coupled Device (CCD) Camera
• Moving Map System
• Digital Data Recorder
• Processor
• FLIR Sensor
• Others
Segment by Application
• UAV
• Combat Aircraft
• Others
By Company
Aselsan, FLIR Systems, Inc., IAI, Lockheed Martin Corporation, Moog Inc., Northrop Grumman, Raytheon Technologies Corporation, Rafael Advanced Defense Systems Ltd., Thales Group, Ultra
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