Press release
[2022-2031] Commercial Radars Market Trends, Emerging Growth, Competitor Analysis And Industry Overview
Commercial Radars Market
The regions covered in the commercial radars market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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The commercial radars market consists of sales of commercial radars by entities (organizations, sole traders, or partnerships) that produce commercial radars. A commercial radar is a detection system used to detect the presence, direction, distance, and speed of the aircraft. The market includes maintenance services provided by aerospace support and auxiliary equipment manufacturers during the equipment’s warranty period. Only goods and services traded between entities or sold to end consumers are included.
Key competitors in the Commercial Radars market include TERMA, Hensoldt Inc., Detect Inc., Raytheon Technologies Corporation, NEC Corporation, Thales Group, Indra Sistemas SA, Easat Radar Systems Limited, Leonardo SpA, Honeywell International Inc, GEM elettronica, Blighter Surveillance Systems Ltd, and FLIR Systems.
The global commercial radars market size is expected to grow from $5.18 billion in 2021 to $5.44 billion in 2022 at a compound annual growth rate (CAGR) of 4.9%. The growth in the market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The commercial radar market is expected to reach $7.10 billion in 2026 at a CAGR of 6.9%.
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TBRC’s report segments the global Commercial Radars market:
1) By Type: Commercial Aircraft Radars, Commercial Helicopters Radars, Business Jets Radars, UAV Radars
2) By Technology: Quantum Radar, Conventional Radar, Software Defined Radar (SDR)
3) By Dimension: 2D, 3D, 4D
4) By Application: Surveillance Radars, Surface Movement Radars, Precision Approach Radars, Weather Radars, Others
Read further on the Commercial Radars market here:
https://www.thebusinessresearchcompany.com/report/commercial-radars-global-market-report
The Table of Contents includes:
1. Executive Summary
2. Commercial Radars Market Characteristics
3. Commercial Radars Market Trends And Strategies
4. Impact Of COVID-19 On Commercial Radars Market
5. Commercial Radars Market Size And Growth
.....
27. Commercial Radars Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Commercial Radars Market
29. Commercial Radars Market Future Outlook And Potential Analysis
30. Appendix
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