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Infrared Countermeasures (IRCM) Systems Market Size

  • Report ID: GMI10326
  • Published Date: Jul 2024
  • Report Format: PDF

Infrared Countermeasures Systems Market Size

Infrared Countermeasures Systems Market was valued at USD 5.17 billion in 2023 and is estimated to register a CAGR of over 7.2% over the forecast period.

 

Globally increasing defense budgets significantly impact the IRCM systems market. This fosters investments in advanced technologies to enhance military capabilities including modernization of defense equipment including IRCM systems. Modernizing defense capabilities often involves upgrading or acquiring new technologies that are necessary to gain improves survivability and operational effectiveness. For instance, per database of Stockholm International Peace Research Institute (SIPRI), the military and defense expenses have increased from USD 2.16 trillion in 2021 to USD 2.39 trillion in 2023 globally. Due to this increase in investments.
 

The growing use of airborne platforms for military and commercial applications such as helicopters fixed-wing aircraft and UAVs fuels need for infrared countermeasures systems. These platforms are increasingly deployed in various roles, from combat and surveillance to transportation and logistics, making them prime targets for infrared-guided missile threats. As the operational environments of these airborne platforms become more complex and hostile need for effective protection mechanisms becomes paramount. IRCM systems are critical in safeguarding these airborne assets by providing advanced threat detection and neutralization capabilities. According to, ArmedForces.eu reports that there are over 1,200 armed drones deployed worldwide. The U.S. has the most armed drones (444), followed by Turkey (171) and China (151).
 

IRCM systems involve sophisticated technologies including infrared sensors and laser-based countermeasures. They also entail complex algorithms for threat detection and response. Integrating these systems into existing or new airborne platforms can be technically challenging and time-consuming. Technical complexities may delay deployment schedules and increase development costs, as it requires extensive testing and validation processes. Compatibility issues between IRCM systems and diverse aircraft types can further complicate integration efforts and affect operational environments. This situation potentially limits market adoption and deployment rates.

Authors: Suraj Gujar , Sandeep Ugale

Frequently Asked Questions (FAQ) :

Infrared countermeasures systems market size was USD 5.17 billion in 2023 and is expected to register over 7.2% CAGR from 2024-2032 owing to the increasing defense budgets significantly impacting the IRCM systems worldwide.

Infrared countermeasures systems industry from the DIRCM segment held over 30% share in 2023 and is expected to register an appreciable CAGR from 2024-2032 due to its effectiveness in countering infrared threats as compared to traditional countermeasures.3. What is the size of the North America Infrared Countermeasures (IRCM) systems market?

North America industry held 30% share in 2023 and is expected to register a commendable CAGR from 2024-032 due to significant investments in advanced defense technologies and strong defense infrastructure in the region.

Northrop Grumman Corporation, BAE Systems, Raytheon Technologies Corporation, Leonardo DRS, Elbit Systems, Saab AB, and L3Harris Technologies are some of the major Infrared Countermeasures (IRCM) systems companies worldwide.

Infrared Countermeasures Systems Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 20
  • Tables & Figures: 373
  • Countries covered: 19
  • Pages: 270
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