Infrared Search And Track Systems Market Future Prospects Details for Business Development, Industry Forecast 2018-2025

According to a new market research report published by Credence Research “Infrared Search and Track (IRST) Systems Market (By Platform: Airborne, Naval, and Land; By End-user: Defense and Civil) – Growth, Future Prospects, and Competitive Landscape and Forecast 2017-2025”, the infrared search and track (IRST) systems market was valued at US$ 4.47 Bn in 2016 and is expected to grow at a CAGR of 5.1 % during the forecast period from 2017 to 2025.

The complete report is available at http://www.credenceresearch.com/report/infrared-search-and-track-irst-systems-market

Market Insights

In modern warfare, seeking and eliminating enemy before their physical sighting gives an additional edge to any side. Technologies such as RADAR and thermal imaging, among others are consistently upgraded to improve search and track activities. Infrared search and track (IRST) is one such technology used comprehensively in modern searching and tracking systems. The use of infrared capturing for passive awareness systems including searching, detection and locating has become a prime factor in advanced defense and surveillance systems. Consequently, this has boosted the need for infrared search and track (IRST) systems in the past few decades.

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The proliferation of advanced technology is one of the key driving factors for the modern infrared search and tracking (IRST) systems market. Efficient and highly accurate sensors have improved the sensitivity of the infrared search and tracking (IRST) systems. Better resolution and ability to track objects in both horizontal and vertical angle has revamped the capabilities of infrared search and tracking (IRST) systems. Consequently, owing to the aforementioned merits, the adoption of infrared search and track (IRST) systems for defense and security applications have escalated significantly in the past few years. The market for infrared search and tracking systems is also expected to grow with the rising investments for defense and security. The governments across the globe are investing heavily for enhancing their defense capabilities. Incorporation of advanced technology in defense infrastructure is a growing trend closely observed by most the superpowers across the world such as the U.S., the U.K., Germany, and others. Therefore, the infrared search and track (IRST) systems market are set to demonstrate a significant growth during the forecast period from 2017 to 2025.

Competitive Insights:

Infrared search and track (IRST) systems market are highly competitive characterized by a number of multinational manufacturers. Manufacturers are engaged in upgrading the previously existing product in order to make infrared search and track (IRST) systems more accurate and reliable. Some of the leading manufacturers of infrared search and track (IRST) systems include Lockheed Martin Corporation, Thales Group, Safran S.A., Rheinmetall AG., Leonardo S.p.A., Northrop Grumman Corporation, HGH Systemes Infrarouges SAS, Rheinmetall AG., Aselsan A.S. and The Boeing Company.

Key Trends:

–  Constant up-gradation of infrared search and track (IRST) systems for highly accurate, fast and reliable searching and tracking

– Growing investments by the government for national defense and security

– Acquisition of government contracts for installation of infrared search and track (IRST) systems

Table Of Content:

Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Research Methodology
1.3.1 Phase I – Secondary Research
1.3.2 Phase II – Primary Research
1.3.3 Phase III – Expert Panel Review
1.3.4 Assumptions
1.3.5 Approach Adopted

Chapter 2 Executive Summary
2.1 Market Snapshot: Global Infrared Search and Track (IRST) Systems Market
2.2 Global Infrared Search and Track (IRST) Systems Market, By Platform
2.3 Global Infrared Search and Track (IRST) Systems Market, By End-use
2.4 Global Infrared Search and Track (IRST) Systems Market, By Geography

Chapter 3 Market Dynamics
3.1 Introduction
3.1.1 Global Infrared Search and Track (IRST) Systems Market Revenue, 2015 – 2025, (US$ Mn)
3.2 Market Dynamics
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Impact Analysis of Drivers and Restraints
3.3 Attractive Investment Proposition
3.4 Market Inclination Insights: Infrared Search and Track (IRST) Systems
3.4.1 Key Trends Analysis
3.5 Competitive Landscape of Key Infrared Search and Track (IRST) Systems Manufacturers

Chapter 4 Global Infrared Search and Track (IRST) Systems Market, By Platform
4.1 Overview
4.2 Airborne
4.2.1 Global Airborne Infrared Search and Track (IRST) Systems Market Revenue and Growth, 2015 – 2025, (US$ Mn)
4.3 Naval
4.3.1 Global Naval Infrared Search and Track (IRST) Systems Market Revenue and Growth, 2015 – 2025, (US$ Mn)
4.4 Land
4.4.1 Global Land Infrared Search and Track (IRST) Systems Market Revenue and Growth, 2015 – 2025, (US$ Mn)

Chapter 5 Global Infrared Search and Track (IRST) Systems Market, By End-use
5.1 Overview
5.2 Defense
5.2.1 Global Infrared Search and Track (IRST) Systems Market for Defense Revenue and Growth, 2015 – 2025, (US$ Mn)
5.3 Civil
5.3.1 Global Infrared Search and Track (IRST) Systems Market for Civil Revenue and Growth, 2015 – 2025, (US$ Mn)

Chapter 6 North America Infrared Search and Track (IRST) Systems Market Analysis
6.1 Overview
6.1.1 North America Infrared Search and Track (IRST) Systems Market Revenue and Growth, 2016 – 2026, (US$ Mn) (Y-o-Y %)
6.2 North America Infrared Search and Track (IRST) Systems Market Analysis, By Platform, 2016 – 2026 (US$ Mn)
6.2.1 Comparative Analysis
6.3 North America Infrared Search and Track (IRST) Systems Market Analysis, By End-use, 2016 – 2026 (US$ Mn)
6.3.1 Comparative Analysis
6.4 North America Infrared Search and Track (IRST) Systems Market Analysis, By Country, 2016 – 2026 (US$ Mn)
6.4.1 U.S.
6.4.2 Rest of North America

Chapter 7 Europe Infrared Search and Track (IRST) Systems Market Analysis
7.1 Overview
7.1.1 Europe Infrared Search and Track (IRST) Systems Market Revenue and Growth, 2015 – 2025, (US$ Mn) (Y-o-Y %)
7.2 Europe Infrared Search and Track (IRST) Systems Market Analysis, By Platform, 2015 – 2025 (US$ Mn)
7.2.1 Comparative Analysis
7.3 Europe Infrared Search and Track (IRST) Systems Market Analysis, By End-use, 2015 – 2025 (US$ Mn)
7.3.1 Comparative Analysis
7.4 Europe Infrared Search and Track (IRST) Systems Market Analysis, By Country, 2015 – 2025 (US$ Mn)
7.4.1 U.K.
7.4.2 Germany
7.4.3 France
7.4.4 Rest of Europe

Chapter 8 Asia Pacific Infrared Search and Track (IRST) Systems Market Analysis
8.1 Overview
8.1.1 Asia Pacific Infrared Search and Track (IRST) Systems Market Revenue and Growth, 2015 – 2025, (US$ Mn)
8.2 Asia Pacific Infrared Search and Track (IRST) Systems Market Analysis, By Platform, 2015 – 2025 (US$ Mn)
8.2.1 Comparative Analysis
8.3 Asia Pacific Infrared Search and Track (IRST) Systems Market Analysis, By End-use, 2015 – 2025 (US$ Mn)
8.3.1 Comparative Analysis
8.4 Asia Pacific Infrared Search and Track (IRST) Systems Market Analysis, By Country, 2015 – 2025 (US$ Mn)
8.4.1 Japan
8.4.2 China
8.4.3 India
8.4.4 Rest Of Asia-Pacific

The complete report is available at http://www.credenceresearch.com/report/infrared-search-and-track-irst-systems-market

By Platform:

The global infrared search and track (IRST) systems market are segmented, based on the platform, into following categories:

  • Airborne
  • Naval
  • Land

Infrared Search And Track (IRST) Systems Market

As of 2016, airborne infrared search and track (IRST) system dominated the overall infrared search and track (IRST) systems market worldwide in terms of revenue. Military and defense operations are heavily dependent on air force strikes. Modern infrared search and track (IRST) systems can search, track and target an enemy aircraft. The system has the ability to differentiate discreet aircraft in formations and intermediate ranges when compared to other traditional fighter radar systems available. In addition, infrared search and track (IRST) systems are also used in unmanned aerial vehicles (UAV’s) for surveying and inspection of a particular location.

Naval platform for infrared search and track (IRST) systems trailed the airborne platform segment in terms of revenue. Infrared search and track (IRST) systems are actively installed and used on the aircraft carriers. The system helps to track incoming projectiles or missiles toward the carriers. In addition, infrared search and track (IRST) systems also guide the naval carriers through harsh and unfavorable weather conditions. Owing to the features offered, the adoption of infrared search and track (IRST) systems for naval carriers has raised significantly in the past few years and is expected to grow at a consistent rate in the following years.

By End-Use:

The global infrared search and track (IRST) systems market are segmented, based on its end-use, into following categories:

  • Defense
  • Civil

Infrared Search And Track (IRST) Systems Market

The defense end-use segment was the largest segment in terms of revenue in the overall infrared search and track (IRST) systems market. The segment contributed to more than 75% of the total market across the world. Consistently growing needs for tracking and locating has urged government agencies to incorporate the infrared search and track (IRST) systems for the defense applications. In addition, rising investment by the governments of developed nations such as the U.S., the U.K., Germany, and others also boosted the demand for infrared search and track (IRST) system.

Infrared search and track (IRST) systems have limited applications in the civil end-use segment. Consequently, the segment contributed a nominal share compared to the defense end-use applications, as of 2016. Infrared search and track (IRST) systems have been adopted gradually in the commercial aircraft for better tracking and navigation. In addition, the system is also used in the public security and traffic control helicopters. The scope of the systems is gradually expanding in the civil end-use applications. Consequently, the segment is expected to rise steadily in the following years.

By Geography:

The global infrared search and track (IRST) systems market have been segmented, on the basis of geographical regions, as per following regions and countries:

  • North America
    • The U.S.
    • Rest of North America
  • Europe
    • U.K.
    • Germany
    • France
    • Rest of Europe
  • Asia Pacific
    • Japan
    • China
    • India
    • Rest of Asia Pacific
  • Rest of the World (ROW)
    • Middle East & Africa (MEA)
    • Latin America

Infrared Search And Track (IRST) Systems Market

As of 2016, infrared search and track (IRST) systems market worldwide are dominated by the Europe region. A consistent rise in the defense budget has been observed in the past few years in Europe especially in the U.K., France, Germany, Sweden, and Rest of Europe. The sense of passive and situational awareness has boosted the adoption of infrared search and track (IRST) systems in the defense system in the aforementioned countries. Consequently, the demand for IRST system has shown significant growth in this region.

Asia Pacific followed the European region, in terms of revenue, in the global infrared search and track (IRST) markets, as of 2016. Rising territorial issues and terrorist activities have urged the Asia Pacific nations to strengthen their war capabilities. Defense aircraft modernization and procurement of passive monitoring systems have boosted the demand for advanced infrared search and track (IRST) systems. With rising trend of procurement of advanced defense equipment and growing defense budget, the market for infrared search and track (IRST) systems is also expected to show a significant growth in the following years.

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