Infrared Search and Track System Market

An infrared search and track (IRST) system, or known as infrared sighting and tracking system, is a method to detect and track objects emitting infrared radiation, such as jet aircraft and helicopters. IRTS system is widely used in security and surveillance in military and national defense fields, especially when stealth aircraft are found without radar.
The biggest advantage of IRST systems is that they do not emit any infrared radiation of their own, which makes them difficult to detect, which is different from radars that emit their own infrared characteristics.
In recent years, high-precision sensors, advanced image processing technology and advanced display system have further promoted the development of infrared search and tracking (IRST) system.
Infrared Search and Track System Market aims to provide a comprehensive presentation of the global market for Infrared Search and Track (IRST) System, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Infrared Search and Track (IRST) System. Infrared Search and Track System Market contains market size and forecasts of Infrared Search and Track (IRST) System in global, including the following market information:
Global Infrared Search and Track (IRST) System Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Infrared Search and Track (IRST) System market was valued at US$ 712.3 million in 2022 and is projected to reach US$ 994.9 million by 2029, at a CAGR of 4.9% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
In terms of type, there are two types of infrared search and track (IRST) system: military grade IRST and civil grade IRST. military grade IRST holds a share of about 98% in the global market. And in terms of application, the largest application is air applications, followed by naval & land (military). The main players are Lockheed Martin Corporation, Leonardo SpA, with more than 49% market share.
We surveyed the Infrared Search and Track (IRST) System companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Infrared Search and Track (IRST) System Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Infrared Search and Track (IRST) System Market Segment Percentages, by Type, 2022 (%)
Military Grade IRST
Civil Grade IRST
Global Infrared Search and Track (IRST) System Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Infrared Search and Track (IRST) System Market Segment Percentages, by Application, 2022 (%)
Airborne
Naval & Land (Military)
Others
Global Infrared Search and Track (IRST) System Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Infrared Search and Track (IRST) System Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Infrared Search and Track (IRST) System revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Infrared Search and Track (IRST) System revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Lockheed Martin Corporation
Leonardo SpA
Safran
Thales Group
Aselsan
HGH Syst?mes Infrarouges
Rheinmetall
Outline of Major Chapters:
Chapter 1: Introduces the definition of Infrared Search and Track (IRST) System, market overview.
Chapter 2: Global Infrared Search and Track (IRST) System market size in revenue.
Chapter 3: Detailed analysis of Infrared Search and Track (IRST) System company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Infrared Search and Track (IRST) System in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.