Navigational Radar Market Size & Share, Analysis, Business Development Trends, High Growth and Forecast-2028

The study of the "Navigational Radar Market - Global Industry Trend Analysis 2013 to 2017 and Forecast 2018 - 2028" provides the market size information and market trends along with the factors and parameters impacting it in both short and long term.

The objectives of this study are as follows:

• To define, describe, and forecast the " Navigational Radar " market by type, application, component, delivery model, end user, and region
• To provide detailed information regarding major factors influencing market growth (drivers, restraints, opportunities, and industry-specific challenges)
• To analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market
• To analyze opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders
• To forecast the market size of market segments with respect to the four key regions: North America, Europe, Asia, and the Rest of the World (RoW)
• To strategically profile the key players and comprehensively analyze their product portfolios, market positions, and core competencies

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With logistic services increasing on land, sea and air, tracking is becoming crucial with every passing day. Navigational radars are used to track information about a variety of situations. Navigational radars are of two type -- X-band radars and S-band radars. X-band radars are used to provide information related to terrestrial communications and networking, space communications and also about motion detectors. On the other hand, S-band radars are used for satellite communications, cordless phones, wireless headphones, optical communications and in-video senders. Navigational radars are also used to detect traffic and calculate the distance between two or more points. Although, for security purposes and national securities, navigational radars are also used by defence services. The common use of navigational radars is in tracking ships, which assists in navigation and collision avoidance. The navigational radar market is expected to grow with increasing demand to enhance security by nations as well as with growth in coastal traffic.

Both X-band radars and S-band radars carry different designations for different types of communications. X-band radars can detect a band of frequencies of the electromagnetic spectrum, which carries frequencies between 7 to 11.2 GHz. On the other hand, S-band radars have the designation by the Institute of Electrical and Electronics Engineers (IEEE) for a part of the microwave band of the electromagnetic spectrum, which covers frequencies between 2 to 4 GHz. Most of the companies are focusing on developing these radars with new and innovative technologies for providing enhanced services.

Global Navigational Radar Market: Drivers and Challenges
Drivers
The usage of navigational radar in the shipping industry is fuelling the market. The marine navigational radar is used to identify, track and position vessels and also to safely navigate the ship from one point to another. Also, with the help of navigational radars, accidents can be prevented at sea. Marine navigational radars are further classified into X-band and S-band, where X-band is used for sharp images and S-band is used in rain or fog as well as for identification and tracking. The shipping industry market is simultaneously increasing and thus, the number of parcels and the logistics industry are growing at a fast pace. Tracking ship devices are compulsory as per COLREGS (International Regulations for Preventing Collisions at Sea), which has further pushed the market of navigational radars. Apart from this, as the national security concerns are increasing day by day, the demand for navigational devices is increasing from defence systems. These days, navigational radars are being used by military, air force, aerospace and navy. Navigational radar devices have become one of the most important topics for the scientists to research on.

Challenges
The main factors which are hampering the navigational radar market are required maintenance of radar systems, limited access, demand for power sources and complex structure of radar equipment, especially in shipping and fishing vessels. Vessels, which face problems due to harsh environmental conditions, such as high humidity, wind and sea salt, affect frequency bands and the structure of navigational radar systems.

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Global NAVIGATIONAL RADAR Market: Segmentation
Segmentation of Navigational Radar market on the basis of product type:
• X-band radar systems
• S-band radar systems
Segmentation of Navigational Radar market on the basis of application:
• Shipping and fishing vessel
• Defence systems
Global Navigational Radar Market: Competition Landscape
Key Players
Lockheed Martin Corporation, Northrop Grumman Corporation, Saab AB, Bae Systems, Johnson Outdoors Inc., Furuno Electric Co., Kelvin Hughes Limited, Kongsberg Maritime AS, Navico Inc., Garmin, Tokyo Keiki Inc., Alphatron Marine BV, Koden Electronics Co. Ltd., Flir Systems.

Global Navigational Radar Market: Regional Overview
On the basis of geography, North America is anticipated to capture largest market share, owing to the well-developed navigational radar manufacturing companies and due to the presence of various innovative technologies in the region. Europe is also expected to gain substantial market share due to the introduction of new technologies and applications, which includes maritime navigations and defence systems. APAC is supposed to be the fastest growing navigational radar market owing to the government initiatives being taken towards the improvement of technologies by emerging economies, such as India, China, and Japan.
The navigational radar market in Latin America and MEA is also expected to witness high growth rate in the coming period due to the increase in demand for security and tracking purposes.

The report covers exhaustive analysis on:
• Global navigational radar Market Segments
• Global navigational radar Market Dynamics
• Historical Actual Market Size, 2013 - 2017
• Global navigational radar Market Size & Forecast 2018 to 2028
• Supply & Demand Value Chain for navigational radar Market
• Global navigational radar Market Current Trends/Issues/Challenges
• Competition & Companies involved in NAVIGATIONAL RADAR Market
• Navigational radar Market Solutions Technology
• Value Chain of navigational radar Market
• Global navigational radar Market Drivers and Restraints
Regional analysis for Global navigational radar Market includes
• North America navigational radar Market
◦ US
◦ Canada
• Latin America navigational radar Market
◦ Argentina
◦ Mexico
◦ Brazil
◦ Rest of Latin America
• Western Europe navigational radar Market
◦ Germany
◦ France
◦ U.K.
◦ Spain
◦ Italy
◦ Nordic
◦ Benelux
◦ Rest of Western Europe
• Eastern Europe navigational radar Market
◦ Poland
◦ Russia
• SEA & Others of APAC navigational radar Market
◦ Australia and New Zealand (A&NZ)
◦ India
◦ ASEAN
◦ Rest of SEA & Others of APAC
• Japan navigational radar Market
• China navigational radar Market
• Middle East and Africa navigational radar Market
◦ GCC Countries
◦ North Africa
◦ South Africa
◦ Rest of MEA
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Report Highlights:
• Detailed overview of parent market
• Changing market dynamics of the industry
• In-depth market segmentation
• Historical, current and projected market size in terms of volume and value
• Recent industry trends and developments
• Competitive landscape
• Strategies of key players and product offerings
• Potential and niche segments/regions exhibiting promising growth
• A neutral perspective towards market performance
• Must-have information for market players to sustain and enhance their market footprint

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