The global targeting pods market size is estimated to reach USD 8.55 billion by 2030, registering a CAGR of 8.2% from 2025 to 2030, according to a new report by Grand View Research, Inc. The rise in terrorist activities across the globe and the growing adoption of targeting pods by developing countries have boosted the market. These devices provide users with enhanced security and targeting capabilities.
Rising interest in targeting pod companies in gaining a significant share in the defense market in regions such as Middle East is expected to drive the adoption of targeting pods. For instance, Raytheon Company formed a new subsidiary named the Raytheon Emirates with an aim to enhance its position in the UAE defense market. Additionally, the presence of prominent targeting pod providers such as Israel Aerospace Industries Ltd. is driving market growth in the region.
The Asia Pacific market is expected to witness considerable growth owing to the increasing need for public safety. Development activities undertaken by defense organizations in countries such as India are also leading to the growth of the market. Additionally, increased defense budgets of developing countries in the region are boosting the market.
However, decreased defense expenditure in developed countries may hamper the market growth. Additionally, high costs of development and maintenance of targeting pods are expected to hinder the market growth. Therefore, device providers are focusing on developing affordable solutions that can be used in other markets such as naval and defense.
Request a free sample copy or view report summary: Targeting Pods Market Report
Based on type, the FLIR & laser designator pods segment accounted for the largest revenue share of 35.2% in 2024, driven by advancements in infrared and laser-based technologies that enable precise target detection and engagement.
On the basis of components, the upgrades segment is expected to grow at a lucrative CAGR of 9.2% over the forecast period, driven by the rising demand for post-sale enhancements tailored to customer requirements.
In 2024, The FLIR sensor segment held the largest revenue share of 22.6%, due to its capability to detect and track targets using infrared imaging, even in challenging conditions.
By platform, the Unmanned Aerial Vehicle (UAV) segment is expected to be the fastest-growing segment over the forecast period, due to the growing use of drones for reconnaissance, surveillance, and precision strikes.
Asia Pacific is expected to grow at the fastest CAGR of 11.3% over the forecast period, owing to the rising defense expenditures and increasing geopolitical tensions in the region.
Grand View Research has segmented the global targeting pods market based on type, component, fit, platform, and region:
Targeting Pods Type Outlook (Revenue, USD Million, 2018 - 2030)
FLIR & Laser Designator Pods
Laser Designator Pods
FLIR Pods
Laser Spot Tracker Pods
Targeting Pods Component Outlook (Revenue, USD Million, 2018 - 2030)
OEM Fit
Upgrades
Targeting Pods Fit Outlook (Revenue, USD Million, 2018 - 2030)
FLIR Sensor
Charge Coupled Device (CCD) Camera
Environmental Control Unit (ECU)
Moving Map System (MMS)
Video Datalink
Digital Data Recorder
Processor
High Definition (HD) TV
Targeting Pods Platform Outlook (Revenue, USD Million, 2018 - 2030)
Combat Aircraft
Unmanned Aerial Vehicle (UAV)
Attack Helicopters
Bombers
Targeting Pods Regional Outlook (Revenue, USD Million, 2018 - 2030)
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Asia Pacific
China
Japan
India
South Korea
Australia
Latin America
Brazil
Middle East & Africa
UAE
Saudi Arabia
South Africa
List of Key Players in the Targeting Pods Market
Lockheed Martin
Raytheon Technologies
Northrop Grumman
BAE Systems
Thales Group
Leonardo DRS
L3Harris Technologies
General Dynamics
SAAB Group
Elbit Systems
FLIR Systems, Inc.
ASELSAN A.S.
"The quality of research they have done for us has been excellent..."