Global IFF System Market Highlights
adoption of identification friend or foe (IFF) systems is expected to increase across various military platforms. Moreover, a rise in military aircraft deliveries is projected to encourage market growth during the forecast period. IFF systems enable militaries to determine the intent of the aircraft through communication between two devices—an interrogator and a transponder. The interrogator is usually deployed at air traffic control while the transponder is placed on the aircraft, vehicle, or ship.
Various military upgradation programs across the world are expected to drive market growth. Military upgrades include replacement of legacy equipment with the latest technology. Militaries across the world are actively investing in technologies which is expected to drive market growth during the forecast period. Moreover, military modernization programs in the US, the UK, and China are expected to propel market growth during the forecast period.
Global IFF System Market Key Players
The key players in the IFF System market are Thales Group (France), Tellumat (South Africa), Leonardo SpA (Italy), General Dynamics (US), Raytheon Company (US), BAE Systems (UK), Hensoldt (Germany), Indra Sistemas (Spain), Northrop Grumman Corporation (US), and Micro Systems (US).
However, stringent regulations levied by various governments are expected to restrain market growth. Companies operating in the market develop IFF technologies in congruence with the regional regulations which restricts the technologies used in IFF systems. Moreover, the regulations change according to the platform such as airborne, naval, and land on which IFF systems are deployed. Companies manufacturing IFF systems have to consider the regional regulations during development. The products are customized and sold as per customer requirements.
Global IFF System Market Research Report: Information by Component (IFF Hardware [IFF Transponder, IFF Interrogator, Crypto Computers, IFF Antenna, IFF Test Equipment and others] and IFF Software), Platform (Land, Airborne and Naval) and Region (North America, Europe, Asia-Pacific, Middle East & Africa and Latin America) - Forecast till 2025 @ https://www.marketresearchfuture.com/reports/iff-system-market-8126
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