The Global Radar Systems Market research study published by Emergen Research is an extensive collection of insightful information about the Radar Systems Market industry. The report covers the Radar Systems Market segmentation along with a detailed outline of the Radar Systems Market size with regards to volume and valuation. The report provides comprehensive coverage of the Radar Systems Market scenario for the current period and forecast timeline of 2022-2030.
The global radar systems market size was USD 32.48 Billion in 2021 and is expected to register a revenue CAGR of 4.6% during the forecast period. Increasing investments by governments for upgrading existing fighter aircraft radar, advancement of phased array solid-state radar, and increasing defense expenditure of emerging countries are key factors driving market revenue growth.
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Vast number of small radiating components found in phased array antennas allow for comprehensive landscape mapping by phased-array radars. Such customized antennas concentrate on radar radiation into high-energy pencil beams that are steered electronically without the need for antenna construction to be physically moved, which is driving growth of the market. In addition, quick development of radar technology and use of advanced computer technology in commercial maritime radar, such as Automatic Radar Plotting Aids (ARPA) are also driving market revenue growth. By using radar plotting and calculations, ARPA speeds up the process from seeing target to locating data for radar users. Concerns about airborne fire control, early warning, surveillance, ground mapping, Air Traffic Control (ATC), and surface-to-air missile guidance are driving demand for military radars.
The competitive landscape of the report has been formulated by considering all the vital parameters such as company profiling, market share, recent developments and advancements, gross margins, product portfolio, revenue generation, financial standing, market position, and expansion plans. The report also discusses in detail the recent mergers and acquisitions, joint ventures, collaborations, product launches and brand promotions, agreements, corporate and government deals, and partnerships, among others. The report also sheds light on the recent technological developments and product advancements in the Radar Systems market.
Furthermore, the report provides details about the new players entering the market, and entry-level barriers and offers strategic recommendations to overcome those barriers to gain a substantial industry presence.
Key Companies Profiled in the Report:
BAE Systems, Northrop Grumman, Boeing, Lockheed Martin Corporation, General Dynamics Corporation, Thales, Saab, Raytheon Technologies Corporation, Honeywell International Inc., Mitsubishi Electric Corporation, and L3Harris Technologies, Inc.
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Segmental Analysis
The global Radar Systems market is broadly segmented on the basis of different product types, application range, end-use industries, key regions, and an intensely competitive landscape. This section of the report is solely targeted at readers looking to select the most appropriate and lucrative segments of the Radar Systems sector in a strategic manner. The segmental analysis also helps companies interested in this sector make optimal business decisions and achieve their desired goals.
Emergen Research has segmented the global radar systems market based on product, application, end-users, and region:
Product Outlook (Revenue, USD Billion; 2019-2030)
- Air
- Military aircraft
- Commercial aircraft
- Marine
- Military vessels
- Commercial vessels
- Unmanned
- Unmanned Ground Vehicle (UGV)
- Unmanned Aerial Vehicle (UAV)
- Unmanned Surface Vehicle (USV)
- Land
- Mobile radar systems
- Portable radar systems
- Space
- Spacecraft
- Satellites
- Air
Application Outlook (Revenue, USD Billion; 2019-2030)
- Remote sensing
- Air traffic control
- Ground traffic control
- Space navigation control
End-Users Outlook (Revenue, USD Billion; 2019-2030)
- Aviation
- Military defense
- Automotive
- Industrial
- Weather monitoring
- Others
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Key Questions Answered by the Report:
Which region is expected to dominate the market in the coming years?
What are the recent technological and product advancements occurring in the market?
What are the key strategies adopted by the prominent players in the Radar Systems market?
What are the key product types and applications of the Radar Systems industry?
What is the outcome of SWOT analysis and Porter’s Five Forces analysis?
How is the competitive landscape of the Radar Systems market?
Who are the key players in the industry?
What is the growth rate of the industry over the coming years?
What will be the valuation of the Radar Systems Market by 2030?
Regional segmentation comprises of a current and forecast estimation of the market in the key geographical regions such as North America, Europe, Asia Pacific, Latin America, and Middle East Africa.
Regional Outlook of Radar Systems Market:
North America
U.S.
Canada
Mexico
Europe
Germany
U.K.
Italy
France
BENELUX
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Rest of APAC
Latin America
Brazil
Rest of LATAM
Middle East Africa
Saudi Arabia
U.A.E.
South Africa
Rest of MEA
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