Package in Radar Market - Increased Use of Radars In Unmanned Vehicle

The increasing use of package in radar systems in semiconductors, electronics, homeland security and unmanned vehicles is one of the key driving factors that has been boosting the growth in the global Package in Radar market. The market is segmented on the basis of application, technology, component, frequency band, and geography.

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Increased use of radars in unmanned vehicle is one of the driving factors of package in radar system. In addition, modern warfare systems are emerging such as electronic warfare and network centric warfare in which the use of radar is essential. However, the need of high initial capital investment to develop and manufacture smart package in radar systems is one of the key restraining factors which impede the growth generated in this market. Besides, the product portfolio of the major manufacturers in this market cater mainly to the demand of the semiconductors and electronics industry. In spite of this, the market opportunities for this product lie in the fact that the key players have been undertaking extensive efforts for the reduction of production cost as well as for the enhancement of operational efficiency.

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On the basis of applications, the global Package in Radar market is segmented into consumer electronics, commercial, and defense. The commercial segment has been leading this market and is expected to have a promising growth in the coming years. The development in commercial package in radar systems is attributable to the increased demand for these radars across different industries including oil and gas and automotive.

By technology, the global Package in Radar market is segregated into continuous wave and pulse. The pulse package is the leading segment at present. This growth is because of the rising application of pulse radars to efficiently and accurately detect objects and to estimate their range.

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