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
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
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
Get a daily dose of Houston Mirror news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Houston Mirror.
More InformationNEW YORK CITY, New York: Bloomberg News has reported that New Jersey-based Valley National Bancorp is bidding to purchase Silicon ...
NEW YORK, New York - U.S. stocks lipped on Tuesday as bond yields rose in the aftermath of the easing ...
DUBLIN, Ireland: US pharmaceutical giant Eli Lilly has said it will build a $1bn medicine manufacturing site in Limerick. Lily ...
WASHINGTON D.C.: The US National Transportation Safety Board has said that after an automated cockpit warning that switched off a ...
BEIJING, California: As the world's second-largest economy is still struggling to fully recover from the long-term effects of COVID-19, most ...
NEW YORK, New York - Bank shares were being bought up on Monday as U.S. industrial stocks kicked the week ...
WASHINGTON D.C.: US House of Representatives Speaker Kevin McCarthy has said that lawmakers will move forward on legislation aimed at ...
CROWNPOINT, New Mexico: Navajo Technical University, located on the largest Native American reservation in the US, has become the first ...
WEST READING, Pennsylvania: An explosion occurred at a chocolate factory in Pennsylvania, killing seven people and seeing ten staff members ...
OTTAWA, Canada: US President Joe Biden and Canadian Prime Minister Justin Trudeau have announced a plan to close a loophole ...
UVLADE, Texas: Texas police stopped a Florida-bound freight train this week and discovered two migrants had died in a freight ...
ROLLING FORK, Mississippi: A powerful tornado has struck Mississippi, killing at least 25 people, injuring dozens, flattening entire blocks and ...