Infrared Search & Track (IRST) Systems Market Global Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2021 to 2027

Global Infrared Search & Track (IRST) Systems Market is projected to reach USD 7.03 Billion, with a CAGR of 5% between 2021 and 2027.

IRST (Infrared search & track) system refers to a method for detecting and tracking infrared emitting objects such as jets and helicopters. IRTS is widely used in military and defense fields for security and surveillance. The application of infrared search and tracking technology promises to improve the sensor suite for next-generation fighters, especially when detecting stealth aircraft without the use of radar. You can also find examples and applications of infrared search and tracking (IRST) systems on the nose of many modern fighters, such as the Eurofighter Typhoon, and you’ll find large bulbous masses coming right near the cockpit.

Market Segments

By Component

• Scanning Head
• Processing & Control Electronics
• Display

By Platform

• Airborne
• Naval
• Land
• Others

Key Players

• Aselsan AS (Turkey)
• HGH Systèmes Infrarouges (France)
• Leonardo Spa (Italy)
• Lockheed Martin Corporation (US)
• Northrop Grumman Corporation (US)
• Raytheon Company (US)
• Rheinmetall AG (Germany)

Scope of the Report

The research study analyzes the global Infrared Search & Track (IRST) Systems industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Infrared Search & Track (IRST) Systems Market Report

1. What was the Infrared Search & Track (IRST) Systems Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).

2. What will be the CAGR of the Infrared Search & Track (IRST) Systems Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Infrared Search & Track (IRST) Systems Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.