How big is the Identification Friend Or Foe Systems Market?

The Identification Friend Or Foe Systems Market size is expected to reach USD 1.96 billion in 2024 and grow at a CAGR of 8.73% to reach USD 2.98 billion by 2029. Read More

What is the current Identification Friend Or Foe Systems Market size?

In 2024, the Identification Friend Or Foe Systems Market size is expected to reach USD 1.96 billion. Read More

Who are the key players in Identification Friend Or Foe Systems Market?

BAE Systems plc, RTX Corporation, THALES, Leonardo S.p.A. and ASELSAN A.S. are the major companies operating in the Identification Friend Or Foe Systems Market. Read More

Which is the fastest growing region in Identification Friend Or Foe Systems Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Identification Friend Or Foe Systems Market?

In 2024, the North America accounts for the largest market share in Identification Friend Or Foe Systems Market. Read More

What years does this Identification Friend Or Foe Systems Market cover, and what was the market size in 2023?

In 2023, the Identification Friend Or Foe Systems Market size was estimated at USD 1.79 billion. The report covers the Identification Friend Or Foe Systems Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Identification Friend Or Foe Systems Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Identification Friend Or Foe Systems Market Share

Statistics for the 2023 & 2024 Identification Friend Or Foe Systems market share, created by Mordor Intelligence™ Industry Reports. Identification Friend Or Foe Systems share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Identification Friend Or Foe Systems Industry

The identification friend or foe systems market is semi-consolidated with major players, such as RTX Corporation, Leonardo S.p.A, BAE Systems plc, ASELSAN A.S., and THALES, occupying a significant share of the market. The growing demand for IFF systems is fostering R&D for advanced IFF components. Meanwhile, companies are trying to expand their geographical presence in both mature and emerging markets. In addition to major defense contractors, there are innovative technology companies making significant strides in the identification systems market. For instance, Cognitec Systems GmbH, a Germany-based company, specializes in facial recognition technologies and biometric solutions, offering advanced identification tools for military and security applications. For instance, in July 2022, ELTA Systems Ltd. awarded a contract worth USD 11 million to HENSOLDT AG to deliver MSSR 2000 ID and MSR 1000I secondary radars including test equipment. HENSOLDT's IFF systems are Mode 5, which uses encryption techniques to block signal manipulation. HENSOLDT AG also has contracts to upgrade German, French, and UK IFF systems to Mode 5.