HYDERABAD, India, May 8, 2026 /PRNewswire/ -- According to the latest report by Mordor Intelligence, the targeting pods market size is projected to grow from USD 6.09 billion in 2026 to USD 8.84 billion by 2031, registering a CAGR of 7.74% during the forecast period. Growth is driven by rising investments in precision-guided warfare systems, aircraft modernization programs, and the increasing adoption of AI-enabled sensor fusion technologies. Demand for interoperable and cyber-secure targeting solutions is also rising as defense forces focus on multi-domain combat capabilities and next-generation battlefield connectivity.
Targeting Pods Market Trends and Drivers
Modernization Initiatives for Fourth and Fifth-Generation Fighter Aircraft
Aircraft upgrade programs are creating steady opportunities for targeting pod manufacturers as defence forces focus on extending the operational life of existing fighter fleets. Many air forces are integrating advanced targeting systems and sensor upgrades to improve mission effectiveness without investing in entirely new aircraft platforms.
Rising Acquisition of Next-Generation Combat Jets Across Emerging Nations
Emerging economies are increasing investments in advanced fighter aircraft to strengthen regional defence capabilities, driving demand for modern targeting pod systems. Countries across Southeast Asia and the Middle East are focusing on precision-strike technologies and advanced sensor integration to improve combat efficiency. This trend is positioning targeting pods as a critical and cost-effective enhancement for modern air combat operations.
Targeting Pods Market Share by Region
North America continues to lead the targeting pods market due to strong defence spending, ongoing aircraft modernization programs, and increasing investments in advanced sensor technologies. Demand is also supported by upgrades across allied fighter jet and unmanned aircraft fleets.
Meanwhile, Asia-Pacific is witnessing rapid growth as countries strengthen their air combat capabilities through new fighter aircraft acquisitions and defence partnerships. Expanding regional cooperation and technology-transfer initiatives are further boosting adoption of advanced targeting pod systems.
Phani Kumar, Senior Research Manager, Mordor Intelligence says, "Our assessment reflects observable procurement patterns, platform integration trends, and evolving defense requirements in the targeting pods market, with Mordor Intelligence applying a structured validation process to ensure a balanced market view. This approach supports decision-makers with consistently verified, comparable insights rather than relying on fragmented or single-source interpretations."
For a full breakdown of market size, segmentation data, and competitive intelligence, access the details of the Mordor Intelligence report -
https://www.mordorintelligence.com/industry-reports/targeting-pods-market?utm_source=prnewswire
Targeting Pods Industry Segmentation
By Platform
- Combat Aircraft
- Unmanned Combat Aerial Systems (UCAS)
- Attack Helicopters
- Bombers
By Fit
- Original Equipment Manufacturer (OEM)
- Retrofit/Upgrade
- By Pod Type
- FLIR and Laser-Designator Pods
- Laser Spot-Tracker Pods
- Multispectral/Networked Pods
- IRST-Integrated Pods
By Technology
- Electro-Optical Imaging
- Infrared Imaging
- Multispectral/Hyperspectral Sensing
- AI-Enabled Sensor Fusion
- 5G/Mesh Networking Enabled
Targeting Pods Companies
- ASELSAN A.S.
- Teledyne Technologies Incorporated
- Israel Aerospace Industries Ltd.
- L3Harris Technologies Inc.
- Lockheed Martin Corporation
- Northrop Grumman Corporation
- Rafael Advanced Defence Systems Ltd.
- RTX Corporation
- Thales Group
- BAE Systems plc
- Leonardo S.p.A
- Elbit Systems Ltd.
- Controp Precision Technologies Ltd.
Industry Related Reports by Mordor Intelligence
Electric Vehicle Battery Swapping Market Size: The electric vehicle battery swapping market is projected to grow from USD 2.08 billion in 2026 to USD 7.33 billion by 2031, at a CAGR of 28.61%, driven by rising EV adoption, growing need to reduce charging time, expansion of swapping infrastructure, and increasing partnerships between OEMs and energy providers to improve operational efficiency and user convenience.
Get More Information: https://www.mordorintelligence.com/industry-reports/electric-vehicle-battery-swapping-market?utm_source=prnewswire
Drone Sensor Market Share: The drone sensor market is projected to grow from USD 1.85 billion in 2026 to USD 3.12 billion by 2031, registering a CAGR of 10.95% during the forecast period. The market growth is being driven by the rising adoption of drones across defence, agriculture, logistics, surveillance, and infrastructure inspection applications. Increasing demand for advanced sensing technologies such as LiDAR, thermal imaging, GPS, and motion sensors is also supporting market expansion, as industries focus on improving drone accuracy, navigation, real time data collection, and autonomous capabilities.
Used Truck Market Trends: The used truck market is expected to grow from USD 55.38 billion in 2026 to USD 70.74 billion by 2031, registering a CAGR of 5.02% during the forecast period. Market growth is supported by the increasing demand for cost effective commercial vehicles, rising logistics and e-commerce activities, and the growing preference for pre-owned trucks among small and medium fleet operators. Expanding transportation networks and the availability of certified used trucks with improved financing options are also contributing to the market's steady growth.
Get More information: https://www.mordorintelligence.com/industry-reports/used-truck-market?utm_source=prnewswire
About Mordor Intelligence:????
?
Mordor Intelligence is a trusted partner for businesses seeking comprehensive and actionable market intelligence. Our global reach, expert team, and tailored solutions empower organizations and individuals to make informed decisions, navigate complex markets, and achieve their strategic goals.????
????
With a team of over 550 domain experts and on-ground specialists spanning 150+ countries, Mordor Intelligence possesses a unique understanding of the global business landscape. This expertise translates into comprehensive market analysis and research reports as well as syndicated and custom research offerings that cover a wide spectrum of industries, including aerospace & defence, agriculture, animal nutrition and wellness, automation, automotive, chemicals & materials, consumer goods & services, electronics, energy & power, financial services, food & beverages, healthcare, hospitality & tourism, information & communications technology, investment opportunities, and logistics.?
For media inquiries or further information, please contact:???
media@mordorintelligence.com
https://www.mordorintelligence.com/contact-us
Logo - https://mma.prnewswire.com/media/2746908/5960835/Mordor_Intelligence_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/targeting-pods-market-to-reach-usd-8-84-billion-by-2031-as-ai-enabled-sensor-fusion-accelerates-reports-mordor-intelligence-302767038.html
