Some of the key players operating in the Infrared Search & Track (IRST) System Market include Thales Group (France), Safran S.A. (France), Rheinmetall AG. (Germany), Aselsan A.S. (Turkey), Leonardo S.p.A. (Italy), Lockheed Martin Corporation (U.S.), Northrop Grumman Corporation (U.S.),and HGH Systemes Infrarouges SAS (France), among others.
The IRST system market is projected to grow from an estimated USD 4.47 billion in 2017 to USD 5.95 billion by 2021, at a CAGR of 5.88% from 2017 to 2022. Increasing need for enhanced situational awareness and enhanced security and immunity over radars is expected to drive the market in the coming years.
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New report shares details about the Size , Share, Trends Analysis Report by Platform, By Component, By Region and Global Forecast 2017-2022
The airborne segment is estimated to be the largest segment of the IRST system market in 2017.The growth is attributed to the increased modernization of defense aircraft and requirement of systems which can go beyond stealth technology to enable detection of stealth aircraft, has led to an increase in the demand for the IRST system.
2 Future Trends
3 Technology Trends
4 Infrared Technologies
5 Thermally Cooled Infrared Devices
6 Forward Looking Infrared Technology
7 Multispectral and Hyperspectral Infrared Technology
8 Patent/ Patent Applications
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Europe is estimated to lead the IRST system market in 2017, and Russia leads the market in Europe. Factors responsible for this leading position of Europe are the defense aircraft modernization programs and increasing demand for situational awareness. Russia is expected to drive the European IRST system market.
Break-up of profile of primary participants for this report:
- By Company Type: Tier 1 – 35%, Tier 2 – 45%, Tier 3 – 20%
- By Designation: C level – 35%, Director level – 25%, Others – 40%
- By Region: North America –45%, Europe – 20%, Asia-Pacific – 30%, RoW – 5%
The study segments the IRST system market on the basis of platform (airborne, naval, land and others), end user (civil, defense), and component(scanning head, processing unit, control & display unit) and map these segments and sub segments across major regions worldwide, namely, North America, Europe, Asia-Pacific, and RoW (Rest of the World).
1 Attractive Market Opportunities in the Infrared Search & Track (IRST) System Market
2 IRST System Market, By End User
3 IRST System Market, By Component
4 IRST System Market, By Platform
5 Scanning Head Component Segment, By Subsegment
6 Market Share and Growth Analysis, By Region
6 Competitive Benchmarking
7 Analysis of Product Portfolio of Major Players in the IRST System Market
8 Business Strategies Adopted By Major Players in the IRST System Market
The IRST system market report focuses on various levels of analyses — industry analysis, market share analysis of top players, and company profiles, which together comprise and discuss basic views on the competitive landscape, high-growth regions, and countries, and their respective regulatory policies, drivers, restraints, and opportunities.
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List of Tables
1 Segment Definition, By Platform
2 Segment Definition, By End User
3 Segment Definition, By Component
4 Innovation & Patent Registrations, 2000-2017
5 IRST System Market Size, By End User, 2015-2022 (USD Million)
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