Market Overview:
IFF system is a technology that is used by military and law enforcement agencies to identify friendly aircraft, vehicles or forces in order to prevent fratricide. IFF systems are also used for air traffic control and identification of ships at sea. The global IFF system market is expected to grow from USD 2.5 billion in 2018 to USD 4.2 billion by 2030, at a CAGR of 6.4% from 2018 to 2030. The growth of the global IFF system market can be attributed to the increasing demand for advanced security solutions across the globe and rising incidences of terrorist attacks and cross-border conflicts. The global IFF system market has been segmented on the basis of type, application, and region. On the basis of type, the market has been segmented into hardware and software segments. The hardware segment accounted for majority share of the global IFF system market in 2017 owing to increase in demand for advanced military equipment worldwide . However ,the software segment is projectedto grow at a higher CAGR during forecast period due its ability tomaintain situational awarenessand provide real-time information about friendly forces .
Product Definition:
IFF stands for Identification Friend or Foe. The IFF system is important because it helps pilots and air traffic controllers identify friendly aircraft from hostile ones.
IFF Hardware:
IFF Hardware is a system which consists of two components, namely the camera and the software. The IFF hardware can be used in various applications such as identification & verification, security screening at airports or border control, product labeling & printing and also for training & simulation purpose.
The key factors driving market growth include growing demand for high-speed identification technology coupled with increasing adoption of automated checkout systems in retail stores.
IFF Software:
IFF software is used in identification and fraud prevention systems. It helps to identify the fraudulent transactions by comparing the image data captured from magnetic stripe with the images of customer cards. The primary function of IFF system is to compare two images and return an affirmative result if they match, else it returns negative result.
Application Insights:
IFF systems are used in a variety of applications such as land, airborne, and naval. The land application segment accounted for the largest share in 2016 and is expected to maintain its dominance over the forecast period. This can be attributed to their wide usage across various industries including transportation & logistics, manufacturing, oil & gas and defense among others. Moreover, increasing adoption of IFF amongst major military powers such as U.S., Russia China France UK India etc is further expected to drive demand over the forecast period.
Regional Analysis:
North America dominated the global industry in terms of revenue share in 2016. The region is expected to continue its dominance over the forecast period, attributed to growing military and defense expenditure by countries such as the U.S., Canada, and Mexico. Europe accounted for a significant market share owing to increasing demand from commercial sectors such as aviation and marine for safety purposes at airports and sea ports across countries including Germany, France, Italy, UK among others. Asia Pacific regional market is anticipated to witness lucrative growth over the forecast period due to rising adoption of IFF systems on account of improving security infrastructure at various airports across India among others coupled with rapid expansion plans by airlines operating out of China’s largest cities including Shanghai Pudong International Airport (PPI) & Hong Kong International Airport (HKG).
Growth Factors:
- Increasing demand for flavors and fragrances in food and beverage industry
- Rising demand from emerging economies
- Growing popularity of natural flavors and fragrances
- Proliferation of new product launches by flavor and fragrance companies
- Increasing investment in R&D by flavor and fragrance companies
Scope Of The Report
Report Attributes
Report Details
Report Title
IFF System Market Research Report
By Type
IFF Hardware, IFF Software
By Application
Land, Airborne, Naval
By Companies
BAE Systems (UK), Thales Group (France), Leonardo SPA (Italy), Raytheon Company (US), Hensoldt (Germany), Indra Sistemas (Spain), Northrop Grumman Corporation (US), General Dynamics (US), Tellumat (South Africa), Micro Systems (US)
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
229
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global IFF System Market Report Segments:
The global IFF System market is segmented on the basis of:
Types
IFF Hardware, IFF Software
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Land, Airborne, Naval
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- BAE Systems (UK)
- Thales Group (France)
- Leonardo SPA (Italy)
- Raytheon Company (US)
- Hensoldt (Germany)
- Indra Sistemas (Spain)
- Northrop Grumman Corporation (US)
- General Dynamics (US)
- Tellumat (South Africa)
- Micro Systems (US)
Highlights of The IFF System Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- IFF Hardware
- IFF Software
- By Application:
- Land
- Airborne
- Naval
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the IFF System Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
IFF System is an international film format that allows for the seamless exchange of audio and video between different devices.
Some of the major players in the iff system market are BAE Systems (UK), Thales Group (France), Leonardo SPA (Italy), Raytheon Company (US), Hensoldt (Germany), Indra Sistemas (Spain), Northrop Grumman Corporation (US), General Dynamics (US), Tellumat (South Africa), Micro Systems (US).
The iff system market is expected to grow at a compound annual growth rate of 6.4%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 IFF System Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 IFF System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 IFF System Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the IFF System Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global IFF System Market Size & Forecast, 2018-2028
4.5.1 IFF System Market Size and Y-o-Y Growth
4.5.2 IFF System Market Absolute $ Opportunity
Chapter 5 Global IFF System Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 IFF System Market Size Forecast by Type
5.2.1 IFF Hardware
5.2.2 IFF Software
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global IFF System Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 IFF System Market Size Forecast by Applications
6.2.1 Land
6.2.2 Airborne
6.2.3 Naval
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global IFF System Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 IFF System Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America IFF System Analysis and Forecast
9.1 Introduction
9.2 North America IFF System Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America IFF System Market Size Forecast by Type
9.6.1 IFF Hardware
9.6.2 IFF Software
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America IFF System Market Size Forecast by Applications
9.10.1 Land
9.10.2 Airborne
9.10.3 Naval
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe IFF System Analysis and Forecast
10.1 Introduction
10.2 Europe IFF System Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe IFF System Market Size Forecast by Type
10.6.1 IFF Hardware
10.6.2 IFF Software
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe IFF System Market Size Forecast by Applications
10.10.1 Land
10.10.2 Airborne
10.10.3 Naval
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific IFF System Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific IFF System Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific IFF System Market Size Forecast by Type
11.6.1 IFF Hardware
11.6.2 IFF Software
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific IFF System Market Size Forecast by Applications
11.10.1 Land
11.10.2 Airborne
11.10.3 Naval
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America IFF System Analysis and Forecast
12.1 Introduction
12.2 Latin America IFF System Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America IFF System Market Size Forecast by Type
12.6.1 IFF Hardware
12.6.2 IFF Software
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America IFF System Market Size Forecast by Applications
12.10.1 Land
12.10.2 Airborne
12.10.3 Naval
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) IFF System Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) IFF System Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) IFF System Market Size Forecast by Type
13.6.1 IFF Hardware
13.6.2 IFF Software
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) IFF System Market Size Forecast by Applications
13.10.1 Land
13.10.2 Airborne
13.10.3 Naval
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 IFF System Market: Competitive Dashboard
14.2 Global IFF System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BAE Systems (UK)
14.3.2 Thales Group (France)
14.3.3 Leonardo SPA (Italy)
14.3.4 Raytheon Company (US)
14.3.5 Hensoldt (Germany)
14.3.6 Indra Sistemas (Spain)
14.3.7 Northrop Grumman Corporation (US)
14.3.8 General Dynamics (US)
14.3.9 Tellumat (South Africa)
14.3.10 Micro Systems (US)
