Infrared Search and Track (IRST) Systems Market: Global Industry Analysis, Trends, Market Size, and Forecasts up to 2025

The report on the global infrared search and track (IRST) systems market provides qualitative and quantitative analysis for the period from 2017 to 2025. The report predicts the global infrared search and track systems market to grow with a CAGR of 5.9% over the forecast period from 2019-2025. The study on infrared search and track systems market covers the analysis of the leading geographies such as North America, Europe, Asia-Pacific, and RoW for the period of 2017 to 2025.

The report on infrared search and track systems market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the global infrared search and track systems market over the period of 2017 to 2025. Moreover, the report is a collective presentation of primary and secondary research findings.

Porter's five forces model in the report provides insights into the competitive rivalry, supplier and buyer positions in the market and opportunities for the new entrants in the global infrared search and track systems market over the period of 2017 to 2025. Further, the Growth Matrix given in the report brings an insight into the investment areas that existing or new market players can consider.

Report Findings:

1. Drivers

• Enhanced security and immunity over radars
• Increasing defense budgets globally
• Growing adoption of advanced technology for defense infrastructure

2. Restraints

• High manufacturing and designing cost of this technology

3. Opportunities

• Research and development propel innovations

Research Methodology

A. Primary Research

Primary research involves extensive interviews and analysis of the opinions provided by the primary respondents. The primary research starts with identifying and approaching the primary respondents, the primary respondents are approached include:

1. Key Opinion Leaders associated with the publisher
2. Internal and External subject matter experts
3. Professionals and participants from the industry

Primary research respondents typically include:

1. Executives working with leading companies in the market under review
2. Product/brand/marketing managers
3. CXO level executives
4. Regional/zonal/ country managers
5. Vice President level executives.

B. Secondary Research

Secondary research involves extensive exploring through the secondary sources of information available in both the public domain and paid sources. Each research study is based on over 500 hours of secondary research accompanied by primary research. The information obtained through the secondary sources is validated through the crosscheck on various data sources.

The secondary sources of the data typically include:

1. Company reports and publications
2. Government/institutional publications
3. Trade and associations journals
4. Databases such as WTO, OECD, World Bank, and among others.
5. Websites and publications by research agencies

Segment Covered

The global infrared search and track systems market is segmented on the basis of component, platform, and end user.

The Global Infrared search and track systems market by Component

• Scanning Head
• Processing & Control Electronics
• Display

The Global Infrared search and track systems market by Platform

• Naval
• Airborne
• Land
• Other Platforms

The Global Infrared search and track systems market by End User

• Aerospace and Defense
• Homeland Security

Company Profiles

The companies covered in the report include

• Safran S.A.
• Lockheed Martin Corporation
• Thales Group
• Northrop Grumman Corporation
• HGH Systemes Infrarouges SAS
• Tonbo Imaging Private Limited
• Hughes Network Systems LLC
• Leonardo S.p.A.
• Rheinmetall AG
• ASELSAN A.S.
• Other companies

What does this report deliver?

1. Comprehensive analysis of the global as well as regional markets of the infrared search and track systems market.
2. Complete coverage of all the segments in the infrared search and track systems market to analyze the trends, developments in the global market and forecast of market size up to 2025.
3. Comprehensive analysis of the companies operating in the global infrared search and track systems market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and latest developments of the company.
4. The Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.