openPR Logo
Press release

Radar Market: Deployment Rate of Radars in Middle East and Africa to Grow Significantly in the Coming Years

10-16-2018 04:57 PM CET | IT, New Media & Software

Press release from: Future Market Insights

Radar Market: Deployment Rate of Radars in Middle East and Africa

A new report published by Future Market Insights (FMI) titled “Radar Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2027)” states that with the increasing focus of governments on defence and the growing budget of the sector are expected to trigger substantial growth in the global radar market in the coming years. Radar is a type of object-detection system that employs radio waves for determining the angle, range, or velocity of respective objects. It can also be used for detecting ships, aircraft, guided missiles, motor vehicles, weather formations, spacecraft, and terrain. As a result of these benefits, the demand for radar is likely to rise over time, especially in the defence and aerospace sectors.

The global market for radars is expected to witness a CAGR of 8.3% from 2017 to 2027. The market is expected to touch a valuation of over US$ 50.8 Bn by the end of 2027.

Request for sample copy of report @: https://www.futuremarketinsights.com/reports/sample/rep-gb-267

Increasing Application Areas to Present Lucrative Growth Prospects

Radar detectors are employed to map out climatic conditions for the air force, army, and other maritime tasks. Shuttle, air ship, boats, and vehicles are few of the key users of radar innovation. The presentation of 3D radar innovation and an expansion in the utilization of unmanned aerial vehicles (UAVs) is driving the market for radar framework and innovation internationally. Unmanned vehicles are basically utilized in peacekeeping activities and are additionally utilized for reconnaissance purposes. These UAVs work on radio signs, and the installed radar permits these UAVs to execute moving target location, which can track and distinguish moving articles, for example, tanks, choppers, and flying machine with a range up to 9.32 miles. This has brought about and advancement in UAVs for military powers over the world, which will, thus, drive the market for radars in the forthcoming years.

However, budgetary constraints and the dearth of indigenous capacities in several nations are likely to act as a road block in the growth of the global radar market in the course of the forecast period.

Defence and Aerospace to Grab a Substantial Piece of the Pie; Automotive to Catch up

Growing security concerns along with rising defence budgets of both developing and developed nation are the core factors that are expected to boost the growth of the global radar market in the long run. Technological proliferation is expected to have incessant impacts on the growth of the market in this sector.

The developing market for radars is expected to be in the automotive industry. While today's cars make limited use of radars, future cars are anticipated to integrate radars as a default element in their models. The chances for radar companies to capitalize on this evolving market are currently very high. Several automakers are still looking to partner with component manufacturers on integrated radar systems. For radar manufacturers, the time to invest in automotive radars is ideal because automotive radars are still under research and an early investment from the companies in the R&D process would stand them to gain a favourable learning chance.

Other than these, based on type, detection and search radars will the most used radars followed by weather sensing radars by the end of the forecast period. On the basis of range, the market is expected to be led by medium range. Based on platform, radar are likely to be used highly in airborne activities.

Request to view Table of Content @: https://www.futuremarketinsights.com/askus/rep-gb-267

Key Players to Focus on Technological Enhancement

The players operating in the market are likely to focus on technological enhancement at present to maintain a strong hold over the market in the long run. The leading companies in the market are BAE Systems, SAAB AB, General Dynamics Corporation, Honeywell International Inc., and Leonardo S.p.A, among others.

About Us
Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centres in the U.S. and India.

FMI’s research and consulting services help businesses around the globe navigate the challenges in a rapidly evolving marketplace with confidence and clarity. Our customised and syndicated market research reports deliver actionable insights that drive sustainable growth. We continuously track emerging trends and events in a broad range of end industries to ensure our clients prepare for the evolving needs of their consumers.

Contact Us
U.S. Office
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
Email: sales@futuremarketinsights.com
Web:https://www.futuremarketinsights.com/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Radar Market: Deployment Rate of Radars in Middle East and Africa to Grow Significantly in the Coming Years here

News-ID: 1307721 • Views:

More Releases from Future Market Insights

Global Lithium Ion Battery Separator Market Projected to Reach US$ 3,256.7 Million by 2032
Global Lithium Ion Battery Separator Market Projected to Reach US$ 3,256.7 Milli …
The lithium-ion battery separator is a critical component in lithium-ion batteries, responsible for preventing short circuits and ensuring safe and efficient battery performance. It acts as a physical barrier between the positive and negative electrodes, allowing lithium ions to pass through while blocking the flow of electrons. With advancements in separator technology, these separators play a key role in enhancing battery capacity, cycle life, and overall safety in various applications,
Industrial Drums Market on a Trajectory to Reach US$ 17.6 Billion by 2027, Bolstered by a Robust 7.1% CAGR from 2022
Industrial Drums Market on a Trajectory to Reach US$ 17.6 Billion by 2027, Bolst …
The Industrial Drums Market is experiencing a steady and promising trajectory, with an estimated value of US$ 12.5 billion in 2022, projected to escalate to US$ 17.6 billion by 2027 at a commendable Compound Annual Growth Rate (CAGR) of 7.1%. This growth is substantiated by a 6.6% CAGR in volume during 2022-27, as per Future Market Insights. Anticipated to expand 1.5 times within this period, the market presents alluring prospects for industry
Supermarkets, Convenience Stores, and Eco-friendly Choices Fuel the Expansion of the Metal Cans Industry, Catering to Health-conscious and Environmentally-aware Consumers
Supermarkets, Convenience Stores, and Eco-friendly Choices Fuel the Expansion of …
The metal cans market is predicted to grow at a CAGR of 5% over the forecast period, according to research by Future Market Insights. The industry's estimated value is expected to increase from US$ 56 Bn in 2023 to US$ 91.1 Bn by 2033. The market for metal cans has been driven by the heightened demand for the product in food and beverages industry. Metal cans helps prolong shelf-life of perishable
Folding IBCs Market Poised for Growth: Expected to Reach US$ 528 Million by 2027 with a 4.8% CAGR
Folding IBCs Market Poised for Growth: Expected to Reach US$ 528 Million by 2027 …
The folding intermediate bulk containers (IBCs) market is on a growth trajectory, with an estimated value of US$ 418 million in 2022, projected to reach US$ 528 million by 2027, showcasing a Compound Annual Growth Rate (CAGR) of 4.8%. Remarkably, the China folding IBCs market defied initial pandemic-related skepticism and is anticipated to grow by 6.9% year on year in 2022. Despite global challenges, China's folding IBCs market is poised to contribute

All 5 Releases


More Releases for Radar

Missile Seekers Market Growth, Size, Key Players, Launch Mode, Active Radar, Sem …
The global missile seekers market size is projected to grow from USD 5.3 billion in 2021 to USD 6.8 billion by 2026, at a CAGR of 5.2% from 2021 to 2026. The market is driven by various factors, such as geopolitical instabilities, changing nature of warfare, increasing defense expenditure of emerging economies and technological advancements in missile seekers. BAE Systems (UK), Boeing (US), Leonardo S.p.A. (Italy), Raytheon Technologies (US), Safran Group
Radar Gun Market 2019-2025 - Recent Trends and Growth Opportunities By Major pla …
Global Radar Gun Market Insights, production, value, price, Future and Forecast up to 2025. The Market Revenue of Global Radar Gun Market is expected to expand at a lucrative CAGR over the forecast period. Global Radar Gun Market segmentation, industry reports, market trends, and market outlook are now available from Up Market Research (UMR). Request for PDF Sample of this Research Report @ https://www.upmarketresearch.com/home/requested_sample/109972 The key players covered in this study
Global Market Insights on Automotive Radar: Insights and Forecast, 2019- 2024 Em …
Automotive radar is defined as distance sensors which are used to locate objects around the vehicle's proximity. Road traffic crashes have become a major global challenge. Every year millions of people are known to die in road accidents and get seriously injured. This led to the development of significant technology of road safety. The automotive radar technology has been identified as an imperative technique to improve road safety and enhance
Automotive Radar: Emphasis on Radar Range,Applications-Insights and Forecast, 20 …
Europe is recognized as the birth place of motor cars. Car production in the European region is not a new concept, with the automotive industry being one of the oldest sources of exports and employment. Europe strong foothold in the industry is mainly attributed to the presence of considerable number of automotive OEMs in the region, which is escalating the overall demand for automotive related technologies, including automotive radar system
Radar Gun Market to Witness Huge Growth | Sports Radar, Uniden, Sports Sensors, …
HTF MI released a new market study on Global Radar Gun Market with 100+ market data Tables, Pie Chat, Graphs & Figures spread through Pages and easy to understand detailed analysis. At present, the market is developing its presence. The Research report presents a complete assessment of the Market and contains a future trend, current growth factors, attentive opinions, facts, and industry validated market data. The research study provides estimates
Doppler Weather Radar Market 2018: EWR Weather Radar, Furuno, Selex ES GmbH
Qyresearchreports include new market research report “Global Doppler Weather Radar Market Professional Survey Report 2018” to its huge collection of research reports. The report on the global market for Doppler Weather Radar procures data and other relevant information from myriad dependable sources, and applies various methodologies to analyze and map it. It then groups the data into digestible chunks so that they offer crucial market information. The entire process entails both