Market Size in 2022 | Market Forecast in 2030 | CAGR (in %) | Base Year |
---|---|---|---|
USD 5,957.10 Million | USD 9,067.36 Million | 5.56% | 2022 |
FrequentlyAsked Questions
The infrared search and track (IRST) system is an advanced sensor technology that is used extensively in aircraft and other vehicles for detecting and tracking targets based on the infrared emissions coming from the object.
The global infrared search and track (IRST) system market is projected to grow owing to the growing demand for advanced surveillance and tracking systems across the globe.
According to study, the global infrared search and track (IRST) system market size was worth around USD 5,957.10 million in 2022 and is predicted to grow to around USD 9,067.36 million by 2030.
The CAGR value of infrared search and track (IRST) system market is expected to be around 5.56% during 2023-2030.
The global infrared search and track (IRST) system market is expected to witness the highest growth in North America with the United States leading with the largest regional share.
The global infrared search and track (IRST) system market is led by players like AIM Infrarot-Module GmbH, Lockheed Martin, Safran Electronics & Defense, Raytheon Technologies, FLIR Systems, Inc., Thales Group, Elbit Systems Ltd., Leonardo S.p.A., Hensoldt, Northrop Grumman Corporation, Textron Inc., L3 Harris Technologies, Rafael Advanced Defense Systems, Rheinmetall AG, Mitsubishi Electric Corporation, Aselsan A.S., Kongsberg Gruppen ASA, BAE Systems plc, Harris Corporation, MBDA, Collins Aerospace, Israel Aerospace Industries Ltd., General Dynamics Corporation, Honeywell International Inc., and Qioptiq Ltd.
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