Coastal Surveillance Radar Market Will Witness Substantial Growth in the Upcoming years to 2025 | Terma, Kelvin Hughes, Harris, GEM Electtronica, FLIR Systems

The global Coastal Surveillance Radar market accounted for US$ 775.7 Mn in 2017 and is expected to grow at a CAGR of 6.1% during the forecast period 2018 - 2025, to account for US$ 1,237.9 Mn in 2025.

The market for coastal surveillance radars is experiencing a steady growth rate over the periods, as the defense forces in the developed countries as well as countries that are vulnerable to attacks from the sea in the form of drug smuggling, human trafficking, and terrorism based activities. The growth of coastal surveillance radars market is the current scenario is attributed to the rapid increase in the defense budgets of various countries by their respective Governments with a view establish themselves as superpowers in the global arena.

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This report contains:

• Market sizing for the global Coastal Surveillance Radar Market.
• Compare major Coastal Surveillance Radar providers strategies and approaches to the challenges they face
• Analysis of the effects deglobalisation trends may have for Coastal Surveillance Radar providers
• Profiles of major Coastal Surveillance Radar providers
• 5-year CAGR forecasts for Coastal Surveillance Radar intensive vertical sectors

Command, control, communications, computers, intelligence, surveillance, and reconnaissance (C4ISR) networks are the real game changer for defense forces, both in times of peace and war. With these systems, commanders can gain great insight into enemy movements and their surroundings and derive actions based on real-time information.

Furthermore, as the land and air-based defense forces of major countries of the world have been beefed up to greater levels, the security at the coastal borders has still remained a matter of concerns for majority countries. All these factors are expected to drive the global coastal surveillance radar market during the forecast period.

Leading Key Players:

• Accipiter Radar Technologies Inc.
• Aselsan A.S.
• Blighter Surveillance Systems Ltd.
• Easat Radar Systems Limited
• Elbit Systems Ltd.
• FLIR Systems, Inc.
• GEM elettronica
• Harris Corporation
• Israel Aerospace Industries Ltd.
• Kelvin Hughes

The vehicle traffic service (VTS) is an oceanic monitoring system used by naval forces, coast guards and harbor authorities to monitor and navigate the marine vessels in a limited oceanic space. VTS is a major concern for the coastal surveillance teams and owing to the increasing vehicle traffic across geographies, the demand for shore surveillance radar is increasing among the end users. The VTS utilizes radar, VHF radiotelephony, automatic identification systems (AIS).

Coastal Surveillance Radar Market Strategic Insights
The new development was observed as the most adopted strategy in global Coastal Surveillance Radar market. Few of the recent strategies by some of the players in the Coastal Surveillance Radar market landscape are listed below-

2018: FLIR introduced Raymarine's flagship line of multifunction displays (MFDs), Axiom™ XL. Designed for premium yachts and glass bridge installations, Axiom XL displays offer the largest size in the Axiom family and the superior performance and elegant simplicity.

2017: East Radar Systems Limited designed Transportable Coastal Surveillance Radar System in order to provide an autonomous, rapidly deployable coastal radar system capable of detecting targets at ranges up to 37Nm

2017: Thales is unveiling its Ground Fire family: a range of the latest-generation multifunction ground radar. The radar system, which is fully digital, will carry out air defense and surveillance missions simultaneously.

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COASTAL SURVEILLANCE RADAR - MARKET SEGMENTATION

By Band Type

• X-band
• S-band
• X and S- band
• Others

By Platform

• Ship borne
• Land-based
• Airborne

By End-User

• Ports
• Harbor
• Oil & Gas Industry
• Maritime Protection Agencies

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This release was published on openPR.