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Infrared Search And Track (IRST) System Market Size to Grow by USD 879.44 million, ASELSAN AS and HGH Systemes Infrarouges SAS Among Key Vendors - Technavio
[August 04, 2022]

Infrared Search And Track (IRST) System Market Size to Grow by USD 879.44 million, ASELSAN AS and HGH Systemes Infrarouges SAS Among Key Vendors - Technavio


NEW YORK, Aug. 4, 2022 /PRNewswire/ -- The infrared search and track (IRST) system market is fragmented. Vendors are deploying growth strategies such as technological innovation to compete in the market.

The infrared search and track (IRST) system market size is expected to grow by USD 879.44 million from 2021 to 2026. In addition, the growth momentum of the market will accelerate at a CAGR of 3.15% during the forecast period. 

Get a comprehensive report summary describing the market size and forecast along with research methodology. The FREE sample report is available in PDF format

Infrared Search and Track (IRST) System Market 2022-2026: Scope

The infrared search and track (IRST) system market report covers the following areas:

Infrared Search and Track (IRST) System Market 2022-2026: Vendor Analysis

ASELSAN AS, Excelitas Technologies Corp., HGH Systemes Infrarouges SAS, Leonardo Spa, Lockheed Martin Corp., Northrop Grumman Corp., Raytheon Technologies Corp., Rheinmetall AG, Safran SA, Thales Group, and Tonbo Imaging India Pvt Ltd. are among some of the major market participants. The key offerings of some of these vendors are listed below:

  • ASELSAN AS - The company offers an infrared search and track (IRST) system that is designed for maritime platforms in order to passively detect and track multiple air and surface vehicles and missiles with its staring sensors.
  • Thales Group - The company offers an infrared search and track (IRST) system that provides a permanent 360-degree panoramic day and night air and surface surveillance without any blind sector.
  • Leonardo Spa - The company offers an infrared search and track (IRST) system that is designed and developed to satisfy the more demanding requirements of 5th generation fighter aircraft with an embedded solution where it comprises two Line Replaceable Units, a Sensor Head Unit, and a Processor Unit.
  • Lockheed Martin Corp. - The company offers an infrared search and track (IRST) system that is used to detect and track airborne threats with weapon-quality accuracy, increasing pilot reaction time and improving survivability.
  • Northrop Grumman Corp. - The company offers an infrared search and track (IRST) system that provides a 360-degree, protective sphere of situational awareness and warns of incoming aircraft and missile threats, as well as provides day and night vision.

This report provides a full list of key vendors, their strategies, and the latest developments. Request a FREE PDF Sample Now

Infrared Search and Track (IRST) System Market 2022-2026: Segmentation
  • End-user
    • Aerospace and Defense: This segment will contribute the highest market share growth during the forecast period. Aerospace and defense organizations are adopting infrared search and track IRST systems. Thus, the rise in the adoption of infrared search and track IRST systems will drive the growth of the segment during the forecast period.
    • Civil
  • Geography
    • North America: This region will account for 38% of the market's growth during the forecast period. This growth is attributed to factors such as a significant increase in R&D spending in countries such as the US.
    • Europe
    • APAC
    • South America
    • Middle East And Africa
Infrared Search and Track (IRST) System Market 2022-2026: Key Highlights
  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will assist infrared search and track (IRST) system market growth during the next five years
  • Estimation of the infrared search and track (IRST) system market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the infrared search and track (IRST) system market
  • Analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of infrared search and track (IRST) system market vendors
Related Reports

Infrared Aerial Camera Market by Application and Geography - Forecast and Analysis 2021-2025

Shortwave Infrared Market by Product and Geography - Forecast and Analysis 2022-2026





Infrared Search And Track (IRST) System Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 3.15%

Market growth 2022-2026

USD 879.44 million

Market structure

Fragmented

YoY growth (%)

2.33

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 38%

Key consumer countries

US, China, France, Germany, and UK

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

ASELSAN AS, Excelitas Technologies Corp., HGH Systemes Infrarouges SAS, Leonardo Spa, Lockheed Martin Corp., Northrop Grumman Corp., Raytheon Technologies Corp., Rheinmetall AG, Safran SA, Thales Group, and Tonbo Imaging India Pvt Ltd.

Market Dynamics

Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.


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Table of Contents:

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
  • 3.4 Market outlook: Forecast for 2021-2026
    • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
    • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
    • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
    • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

  • 4.1 Five forces summary
    • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
  • 4.2 Bargaining power of buyers
    • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
  • 4.3 Bargaining power of suppliers
    • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
  • 4.4 Threat of new entrants
    • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
  • 4.5 Threat of substitutes
    • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
  • 4.6 Threat of rivalry
    • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
  • 4.7 Market condition
    • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by End-user

  • 5.1 Market segments
    • Exhibit 24: Chart on End-user - Market share 2021-2026 (%)
    • Exhibit 25: Data Table on End-user - Market share 2021-2026 (%)
  • 5.2 Comparison by End-user
    • Exhibit 26: Chart on Comparison by End-user
    • Exhibit 27: Data Table on Comparison by End-user
  • 5.3 Aerospace and defense - Market size and forecast 2021-2026
    • Exhibit 28: Chart on Aerospace and defense - Market size and forecast 2021-2026 ($ million)
    • Exhibit 29: Data Table on Aerospace and defense - Market size and forecast 2021-2026 ($ million)
    • Exhibit 30: Chart on Aerospace and defense - Year-over-year growth 2021-2026 (%)
    • Exhibit 31: Data Table on Aerospace and defense - Year-over-year growth 2021-2026 (%)
  • 5.4 Civil - Market size and forecast 2021-2026
    • Exhibit 32: Chart on Civil - Market size and forecast 2021-2026 ($ million)
    • Exhibit 33: Data Table on Civil - Market size and forecast 2021-2026 ($ million)
    • Exhibit 34: Chart on Civil - Year-over-year growth 2021-2026 (%)
    • Exhibit 35: Data Table on Civil - Year-over-year growth 2021-2026 (%)
  • 5.5 Market opportunity by End-user
    • Exhibit 36: Market opportunity by End-user ($ million)

6 Customer Landscape

  • 6.1 Customer landscape overview
    • Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

  • 7.1 Geographic segmentation
    • Exhibit 38: Chart on Market share by geography 2021-2026 (%)
    • Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
  • 7.2 Geographic comparison
    • Exhibit 40: Chart on Geographic comparison
    • Exhibit 41: Data Table on Geographic comparison
  • 7.3 North America - Market size and forecast 2021-2026
    • Exhibit 42: Chart on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 43: Data Table on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 44: Chart on North America - Year-over-year growth 2021-2026 (%)
    • Exhibit 45: Data Table on North America - Year-over-year growth 2021-2026 (%)
  • 7.4 Europe - Market size and forecast 2021-2026
    • Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ million)
    • Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
    • Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
    • Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)
  • 7.5 APAC - Market size and forecast 2021-2026
    • Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ million)
    • Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
    • Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
    • Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)
  • 7.6 South America - Market size and forecast 2021-2026
    • Exhibit 54: Chart on South America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 55: Data Table on South America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 56: Chart on South America - Year-over-year growth 2021-2026 (%)
    • Exhibit 57: Data Table on South America - Year-over-year growth 2021-2026 (%)
  • 7.7 Middle East and Africa - Market size and forecast 2021-2026
    • Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
    • Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
    • Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
  • 7.8 US - Market size and forecast 2021-2026
    • Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
    • Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
    • Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
    • Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)
  • 7.9 France - Market size and forecast 2021-2026
    • Exhibit 66: Chart on France - Market size and forecast 2021-2026 ($ million)
    • Exhibit 67: Data Table on France - Market size and forecast 2021-2026 ($ million)
    • Exhibit 68: Chart on France - Year-over-year growth 2021-2026 (%)
    • Exhibit 69: Data Table on France - Year-over-year growth 2021-2026 (%)
  • 7.10 China - Market size and forecast 2021-2026
    • Exhibit 70: Chart on China - Market size and forecast 2021-2026 ($ million)
    • Exhibit 71: Data Table on China - Market size and forecast 2021-2026 ($ million)
    • Exhibit 72: Chart on China - Year-over-year growth 2021-2026 (%)
    • Exhibit 73: Data Table on China - Year-over-year growth 2021-2026 (%)
  • 7.11 Germany - Market size and forecast 2021-2026
    • Exhibit 74: Chart on Germany - Market size and forecast 2021-2026 ($ million)
    • Exhibit 75: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
    • Exhibit 76: Chart on Germany - Year-over-year growth 2021-2026 (%)
    • Exhibit 77: Data Table on Germany - Year-over-year growth 2021-2026 (%)
  • 7.12 UK - Market size and forecast 2021-2026
    • Exhibit 78: Chart on UK - Market size and forecast 2021-2026 ($ million)
    • Exhibit 79: Data Table on UK - Market size and forecast 2021-2026 ($ million)
    • Exhibit 80: Chart on UK - Year-over-year growth 2021-2026 (%)
    • Exhibit 81: Data Table on UK - Year-over-year growth 2021-2026 (%)
  • 7.13 Market opportunity by geography
    • Exhibit 82: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

  • 8.1 Market drivers
  • 8.2 Market challenges
  • 8.3 Impact of drivers and challenges
    • Exhibit 83: Impact of drivers and challenges in 2021 and 2026
  • 8.4 Market trends

9 Vendor Landscape

  • 9.1 Overview
  • 9.2 Vendor landscape
    • Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
  • 9.3 Landscape disruption
    • Exhibit 85: Overview on factors of disruption
  • 9.4 Industry risks
    • Exhibit 86: Impact of key risks on business

10 Vendor Analysis

  • 10.1 Vendors covered
    • Exhibit 87: Vendors covered
  • 10.2 Market positioning of vendors
    • Exhibit 88: Matrix on vendor position and classification
  • 10.3 ASELSAN AS
    • Exhibit 89: ASELSAN AS - Overview
    • Exhibit 90: ASELSAN AS - Business segments
    • Exhibit 91: ASELSAN AS - Key offerings
    • Exhibit 92: ASELSAN AS - Segment focus
  • 10.4 HGH Systemes Infrarouges SAS
    • Exhibit 93: HGH Systemes Infrarouges SAS - Overview
    • Exhibit 94: HGH Systemes Infrarouges SAS - Product / Service
    • Exhibit 95: HGH Systemes Infrarouges SAS - Key offerings
  • 10.5 Leonardo Spa
    • Exhibit 96: Leonardo Spa - Overview
    • Exhibit 97: Leonardo Spa - Business segments
    • Exhibit 98: Leonardo Spa - Key news
    • Exhibit 99: Leonardo Spa - Key offerings
    • Exhibit 100: Leonardo Spa - Segment focus
  • 10.6 Lockheed Martin Corp.
    • Exhibit 101: Lockheed Martin Corp. - Overview
    • Exhibit 102: Lockheed Martin Corp. - Business segments
    • Exhibit 103: Lockheed Martin Corp. - Key news
    • Exhibit 104: Lockheed Martin Corp. - Key offerings
    • Exhibit 105: Lockheed Martin Corp. - Segment focus
  • 10.7 Northrop Grumman Corp.
    • Exhibit 106: Northrop Grumman Corp. - Overview
    • Exhibit 107: Northrop Grumman Corp. - Business segments
    • Exhibit 108: Northrop Grumman Corp. - Key news
    • Exhibit 109: Northrop Grumman Corp. - Key offerings
    • Exhibit 110: Northrop Grumman Corp. - Segment focus
  • 10.8 Raytheon Technologies Corp.
    • Exhibit 111: Raytheon Technologies Corp. - Overview
    • Exhibit 112: Raytheon Technologies Corp. - Business segments
    • Exhibit 113: Raytheon Technologies Corp. - Key news
    • Exhibit 114: Raytheon Technologies Corp. - Key offerings
    • Exhibit 115: Raytheon Technologies Corp. - Segment focus
  • 10.9 Rheinmetall AG
    • Exhibit 116: Rheinmetall AG - Overview
    • Exhibit 117: Rheinmetall AG - Business segments
    • Exhibit 118: Rheinmetall AG - Key news
    • Exhibit 119: Rheinmetall AG - Key offerings
    • Exhibit 120: Rheinmetall AG - Segment focus
  • 10.10 Safran SA
    • Exhibit 121: Safran SA - Overview
    • Exhibit 122: Safran SA - Business segments
    • Exhibit 123: Safran SA - Key news
    • Exhibit 124: Safran SA - Key offerings
    • Exhibit 125: Safran SA - Segment focus
  • 10.11 Thales Group
    • Exhibit 126: Thales Group - Overview
    • Exhibit 127: Thales Group - Business segments
    • Exhibit 128: Thales Group - Key offerings
    • Exhibit 129: Thales Group - Segment focus
  • 10.12 Tonbo Imaging India Pvt Ltd.
    • Exhibit 130: Tonbo Imaging India Pvt Ltd. - Overview
    • Exhibit 131: Tonbo Imaging India Pvt Ltd. - Product / Service
    • Exhibit 132: Tonbo Imaging India Pvt Ltd. - Key offerings

11 Appendix

  • 11.1 Scope of the report
  • 11.2 Inclusions and exclusions checklist
    • Exhibit 133: Inclusions checklist
    • Exhibit 134: Exclusions checklist
  • 11.3 Currency conversion rates for US$
    • Exhibit 135: Currency conversion rates for US$
  • 11.4 Research methodology
    • Exhibit 136: Research methodology
    • Exhibit 137: Validation techniques employed for market sizing
    • Exhibit 138: Information sources
  • 11.5 List of abbreviations
    • Exhibit 139: List of abbreviations
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