Global Targeting Pods Market valued approximately USD 3.1 billion in 2016 is anticipated to grow with a healthy growth rate of more than 6.70% over the forecast period 2017-2025.
Rise in terrorist activities across the globe and growing adoption of targeting pods by developing countries have boosted the market. These devices provide users with enhanced security and targeting capabilities. Rising interest of targeting pod companies in gaining a significant share in the defense market in regions such as Middle East is expected to drive the adoption of targeting pods. For instance, Raytheon Company formed a new subsidiary named Raytheon Emirates with an aim to enhance its position in the UAE defense market. Additionally, presence of prominent targeting pod providers such as Israel Aerospace Industries Ltd. is driving market growth in the region.
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The Asia Pacific market is expected to witness considerable growth owing to increasing need for public safety. Development activities undertaken by defense organizations in countries such as India is also leading to the growth of the market. Additionally, increased defense budgets of developing countries in the region is boosting the market. However, decreased defense expenditure in developed countries may hamper market growth. Additionally, high costs of development and maintenance of targeting pods are expected to hinder market growth. Therefore, device providers are focusing on developing affordable solutions that can be used in other markets such as naval and defense.
The industry is seeming to be fairly competitive. Some of the leading market players include Lockheed Martin, Aselsan, Thales Group, Raytheon Company, Northrop Grumman, L-3 Communications, Ultra Electronics, Israel Aerospace Industries, Moog, Flir System., QL Optik and so on.
Essential points covered in Global Targeting Pods Market Research are:-
- What will the market size and the growth rate be in 2025?
- What are the key factors driving the global Targeting Pods Market?
- What are the key market trends impacting the growth of the global Targeting Pods Market?
- What are the challenges to market growth?
- Who are the key vendors in the global Targeting Pods Market?
- What are the market opportunities and threats faced by the vendors in the global Targeting Pods Market?
- Trending factors influencing the market shares of the Americas, APAC, and EMEA.
- What are the key outcomes of the five forces analysis of the global Targeting Pods Market
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Table of Contents
Chapter 1. Global Child Day Care Services Market Definition & Scope
Chapter 2. Research Methodology
Chapter 3. Executive Summary
Chapter 4. Global Child Day Care Services Industry Dynamics
Chapter 5 Global Targeting Pods Market, By Type
Chapter 6 Global Targeting Pods Market, By Component
Chapter 7 Global Targeting Pods Market, By Fit
Chapter 8. Global Targeting Pods Market, By Platform
Chapter 9. Child Day Care Services, by Regional Analysis
Chapter 10. Competitive Intelligence
Chapter 11. Research Process
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