Infrared Search & Track (IRST) System Market Analysis With Top Key Players, Share, Size, Growth Forecast 2026
iCrowd Newswire
22 Jan 2021, 11:33 GMT+10
Global Infrared Search & Track (IRST) System Market.
Market Forecast
Global Infrared Search & Track (IRST) System Market is projected to reach USD 7.03 Billion and register a CAGR of 5.6% between 2019 and 2026.
The increasing need for enhanced situational awareness and enhanced security and immunity over radars are primarily driving the growth of the market. Additionally, rising defense expenditure is driving the growth of the market.
Market USP
Increasing need to upgrade situational awareness systems
Free Sample Report @ https://www.marketresearchfuture.com/sample_request/10146
Growth Opportunities in the Market
The scanning head segment is expected to grow at the highest rate: The scanning head segment is also expected to register the highest CAGR during the forecast period, 2019 to 2026. The growth can be attributed to the high utilization of scanning head in the IRST systems.
The defense segment is expected to witness the highest growth in the market: The defense segment accounted for the largest market share in 2019 and is expected to register the highest CAGR during the review period. This is due to the increasing demand for IRST systems to improve military situational awareness.
The airborne segment accounted for the largest share in 2019: The airborne segment accounted for the largest share in 2019. This is due to the increasing use of airborne solutions for many defense applications such as intelligence, tracking, surveillance, and missiles and fire control.
The land segment is expected to register the highest CAGR during the forecast period.
Key Players
- Aselsan AS (Turkey)
- HGH Systèmes Infrarouges (France)
- Leonardo Spa (Italy)
- Lockheed Martin Corporation (US)
- Northrop Grumman Corporation (US)
- Raytheon Company (US)
- Rheinmetall AG (Germany)
- Safran SA (France)
- Thales Group (France)
- Tonbo Imaging Private Limited (India)
Access Report Details @ https://www.marketresearchfuture.com/reports/infrared-search-track-system-market-10146
Tags: Infrared Search & Track (IRST) System Market, Infrared Search & Track (IRST) System Market Size, Infrared Search & Track (IRST) System Market Share, Infrared Search & Track (IRST) System Market Analysis, Infrared Search & Track (IRST) System Market Growth, Infrared Search & Track (IRST) System Industry
See Campaign: https://www.marketresearchfuture.com/reports/infrared-search-track-system-market-10146Contact Information:WantStats Research and Media Pvt. Ltd.
Office No. 528, Amanora Chambers
Pune - 411028
Maharashtra, India
Sales: +1 628 258 0071(US) +44 2035 002 764(UK)
Mail : info@marketresearchfuture.comTags:, Reportedtimes, Research Newswire, English
Contact Information:
WantStats Research and Media Pvt. Ltd.
Office No. 528, Amanora Chambers
Pune - 411028
Maharashtra, India
Sales: +1 628 258 0071(US) +44 2035 002 764(UK)
Mail : info@marketresearchfuture.com
Subscribe and Follow
Get a daily dose of Las Vegas Herald news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
News RELEASES
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Las Vegas Herald.
More Information
95
℉
School children gunned down by ex-student at school in Russia
MOSCOW, Russia - At least fifteen people, including 11 pupils, have been killed in a mass shooting at a school ...
Lightning kills 12, rains another 24 in northern India
LUCKNOW, India: Thirty-six people, including 12 struck by lightning, have been killed in northern India over the past 24 hours, ...
Negotiations successful in swapping five British held by Russia
LONDON, England: The non-profit organization Presidium Network has announced that five British prisoners of war captured in Ukraine have been ...
Malaysia to give Myanmar a hard time in upcoming ASEAN meeting after death of kids
KUALA LUMPUR, Malaysia - Southeast Asian nations must decide whether a five-point plan to end the violence in Myanmar is ...
Large number of illegal Bangladeshis arrested in neighboring Indian state
NEW DELHI, India - The Indian state of Tripura has decided to form a special investigation team (SIT) of local ...
US seeks lower truck emissions, transition to electric
WASHINGTON D.C.: After Congress approved new initiatives to speed the adoption of zero-emission vehicles, the U.S. Environmental Protection Agency (EPA) ...
Antonio Guterres agrees to hold donors' conference to help Pakistan: Shehbaz
ISLAMABAD, Pakistan - Prime Minister Shehbaz Sharif has stated that Pakistan may need to import over a million tonnes of ...
U.S. stock markets slide amidst turmoil on currency and bond markets
NEW YORK, New York - U.S. stocks had a choppy day Monday, which was marred by severe gyrations in bond ...
100th anniversary of renowned Hollywood sign calls for repaint
HOLLYWOOD, California: Ahead of its 100th anniversary, the world famous Hollywood sign on Mount Lee overlooking Los Angeles is being ...
US Senate targets Facebook, Google for money shared with news groups
WASHINGTON D.C.: The U.S. Senate Judiciary Committee has approved a bill that will allow news organizations to jointly negotiate with ...
Financial crisis hits Asian markets, British pound collapses
SYDNEY, NSW, Australia - An extraordinary plunge in the British pound to an all-time low on Monday has spooked investors, ...
1.1 million Teslas in U.S. recalled for software update
AUSTIN, Texas: Due to increased risks caused by a fault in its automatic window reversal system, electric vehicle maker Tesla ...
