According to a new market research report published by Credence Research “Infrared Search and Track (IRST) Systems Market - Growth, Future Prospects, and Competitive Landscape and Forecast 2017–2025”, the market for infrared search and track (IRST) systems was valued at US$ 4.47 billion in 2016 and is expected to grow at CAGR by 5.1% during the forecast period from 2017 to 2025.
Market Insights
In modern warfare, seeking and eliminating the enemy before their physical sighting gives any side an additional edge. Technologies such as RADAR and thermal imaging, among others, are constantly being updated to improve search and track activities. Infrared search and tracking (IRST) is one such technology used extensively in modern search and tracking systems. The use of infrared capture for passive awareness systems, including search, detection, and location, has become a key factor in advanced defense and surveillance systems. As a result, the need for infrared search and track (IRST) systems has increased over the last few decades.
Browse Full Report Originally Published by Credence Research at https://www.credenceresearch.com/report/infrared-search-and-track-irst-systems-market
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 in 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 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.
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
Access Free Sample Copy of Research Report: https://www.credenceresearch.com/sample-request/58611
List of Companies Covered:
By Platform Type
Medium Blog: Infrared Search And Track (IRST) Systems Market
Market Insights
In modern warfare, seeking and eliminating the enemy before their physical sighting gives any side an additional edge. Technologies such as RADAR and thermal imaging, among others, are constantly being updated to improve search and track activities. Infrared search and tracking (IRST) is one such technology used extensively in modern search and tracking systems. The use of infrared capture for passive awareness systems, including search, detection, and location, has become a key factor in advanced defense and surveillance systems. As a result, the need for infrared search and track (IRST) systems has increased over the last few decades.
Browse Full Report Originally Published by Credence Research at https://www.credenceresearch.com/report/infrared-search-and-track-irst-systems-market
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 in 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 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.
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
Access Free Sample Copy of Research Report: https://www.credenceresearch.com/sample-request/58611
List of Companies Covered:
- 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.
- The Boeing Company
By Platform Type
- Airborne
- Naval
- Land
- Defense
- Civil
- North America (the U.S., Rest of North America)
- Europe (U.K., Germany, France, Rest of Europe)
- Asia Pacific (China, Japan, India, Rest of Asia Pacific)
- Rest of the World (the Middle East & Africa, Latin America)
Medium Blog: Infrared Search And Track (IRST) Systems Market
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