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Electronically Scanned Arrays Global Market 2023 : Industry Analysis, Trends, Segmentation, Regional Overview And Forecast 2032 | Lockheed Martin Corporation, Saab AB, Northrop Grumman Corporation, Thales Group, The Raytheon Company
Electronically Scanned Arrays Market
Electronically Scanned Arrays Market Size, Growth Rate, And Forecast
The global electronically scanned arrays market size grew from $7.89 billion in 2022 to $8.38 billion in 2023 at a compound annual growth rate (CAGR) of 6.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The electronically scanned arrays market size is expected to grow to $10.74 billion in 2027 at a CAGR of 6.4%.
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Electronically Scanned Arrays Market Drivers
Increasing government investments in the defense sector are significantly driving the growth of the electronically scanned arrays market. Electronically scanned arrays are used in radars in fighter jets for long-distance detection and track generation in defense industries.
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Electronically Scanned Arrays Market Segments
• By Type: Active, Passive
• By Geomentry: Linear, Planar, Frequency Scanning
• By Range: Land, Navel, Airborne
• By Application: Defense, Government, Commercial
• By User: Short, Medium, Long
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Electronically Scanned Arrays market.
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Electronically Scanned Arrays Market Key Players
Major competitors in the Electronically Scanned Arrays market include Lockheed Martin Corporation, Saab AB, Northrop Grumman Corporation, Thales Group, The Raytheon Company, Ericsson, Elta, Toshiba, and Mitsubishi.
The Business Research Company's "Global Electronically Scanned Arrays Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Electronically Scanned Arrays Market Include:
1. Executive Summary
2. Electronically Scanned Arrays Market Characteristics
3. Electronically Scanned Arrays Market Trends And Strategies
4. Electronically Scanned Arrays Market - Macro Economic Scenario
5. Electronically Scanned Arrays Market Size And Growth
………..
27. Electronically Scanned Arrays Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Electronically Scanned Arrays Market
29. Electronically Scanned Arrays Market Future Outlook and Potential Analysis
30. Appendix
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Over the past few years, the market size of electronically scanned arrays has seen consistent growth. It is projected to rise from $8.33 billion in 2024 to $8.7 billion in 2025 with a compound annual growth rate (CAGR)…
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