Press release
Radar Market to reach USD 17.8 Bn by 2029, emerging at a CAGR of 7.2 percent and forecast 2023-2029
Radar Market
The Radar Market research report offers an in-depth analysis of various radar types, including surveillance radar, weather radar, air traffic control radar, automotive radar, marine radar, and military radar. It also segments the market by frequency band (X-band, S-band, C-band, L-band, and Ku-band), end-user industries (defense and military, aviation, automotive, maritime, weather forecasting, surveillance and security), and range capabilities (short-range radar, medium-range radar, and long-range radar).
Maximize Market Research Pvt Ltd has employed rigorous research methodologies to compile this report, ensuring accuracy and reliability. The report's insights are backed by extensive data analysis, expert opinions, and industry surveys, making it a valuable resource for businesses and investors.
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Radar Market Dynamics:
Global Defense Spending: Increased global defense spending has led to the adoption of advanced radar systems for surveillance, target detection, and tracking purposes, driving market growth.
Aviation and Automotive Safety: The growing emphasis on safety and security in aviation and automotive sectors has spurred the demand for radar-based collision avoidance and autonomous driving systems.
Technological Advancements: Innovations in radar technologies, such as phased array radars, synthetic aperture radars, and solid-state radar systems, have revolutionized radar capabilities, attracting industries across various sectors.
Radar Market Regional Insights:
North America: Dominates the radar industry due to a strong defense sector, technological innovation, and government defense spending.
Europe: Strong focus on transportation safety, defense, and aerospace industries drives radar technology adoption.
Asia-Pacific: Rising defense budgets, growing aviation sector, and demand for car safety features fuel market expansion.
Latin America: Defense and security needs, along with transportation infrastructure modernization, offer market opportunities despite economic volatility.
Middle East and Africa: Substantial defense reliance and infrastructure development drive radar demand, although economic and political factors pose challenges.
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Radar Market Segmentation:
by Radar Type
Surveillance Radar
Weather Radar
Air Traffic Control Radar
Automotive Radar
Marine Radar
Military Radar
by Frequency Band
X-Band
S-Band
C-Band
L-Band
Ku-Band
by Range
Short-Range Radar
Medium-Range Radar
Long-Range Radar
by End-User
Defense And Military
Aviation
Automotive
Maritime
Weather
Surveillance And Security
Radar Market Key Players:
North America:
Raytheon Technologies Corporation (United States)
Lockheed Martin Corporation (United States)
Northrop Grumman Corporation (United States)
Collins Aerospace (United States)
L3Harris Technologies, Inc. (United States)
Europe:
Thales Group (France)
BAE Systems plc (United Kingdom)
Leonardo S.p.A. (Italy)
Saab AB (Sweden)
Hensoldt (Germany)
Asia Pacific:
Mitsubishi Electric Corporation (Japan)
Bharat Electronics Limited (India)
Hanwha Corporation (South Korea)
NEC Corporation (Japan)
Toshiba Electronic Devices & Storage Corporation (Japan)
Latin America:
Atech (Brazil)
Omnisys Engenharia Ltda. (Brazil)
Condor S.A. (Argentina)
CEIIA - Center for Engineering and Product Development (Portugal/Brazil)
Omnidea S.A. (Uruguay)
Middle East and Africa:
Israel Aerospace Industries Ltd. (Israel)
RADA Electronic Industries Ltd. (Israel)
Denel Dynamics (South Africa)
Aselsan A.S. (Turkey)
Leonardo MW Ltd. (United Kingdom/Italy)
Get to Know More About This Market Study:https://www.maximizemarketresearch.com/market-report/radar-market/210024/
Table of content for the Radar Market includes:
1. Global Radar Market: Research Methodology
2. Global Radar Market: Executive Summary
• Market Overview and Definitions
• Introduction to the Global Market
• Summary
• Key Findings
• Recommendations for Investors
• Recommendations for Market Leaders
• Recommendations for New Market Entry
3.Global Radar Market: Competitive Analysis
• MMR Competition Matrix
• Market Structure by region
• Competitive Benchmarking of Key Players
• Consolidation in the Market
• M&A by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
• COVID-19 Impact
4 . Company Profile: Key players
• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments
Key Offerings:
• Past Market Size and Competitive Landscape (2022 to 2029)
• Past Pricing and price curve by region (2022 to 2029)
• Market Size, Share, Size and Forecast by different segment | 2022-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation - A detailed analysis by growth and trend
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
• Competitive landscape - Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations
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The key players covered in this study…
