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Military Radars Market worth $29.78 billion by 2030, growing at a CAGR of 6.81% - Exclusive Report by 360iResearch

03-12-2024 01:21 PM CET | Aerospace & Defense

Press release from: 360iResearch

Military Radars Market | 360iResearch

Military Radars Market | 360iResearch

The "Military Radars Market by Component (Antennas, Digital Signal Processors, Duplexers), Range (Long Range, Medium Range, Short Range), Frequency Band, Technology, Product, Platform, Waveform, Dimension, Application - Global Forecast 2024-2030" report has been added to 360iResearch.com's offering.

The Global Military Radars Market to grow from USD 18.77 billion in 2023 to USD 29.78 billion by 2030, at a CAGR of 6.81%.

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Military radars are radar systems used by armed forces across the globe for security and surveillance purposes. Applications of these radars include air and missile defense, airborne surveillance, maritime navigation, ground-based monitoring, and space-based operations. The scope of this market includes a broad array of radar system sizes, capabilities, ranges, and technological sophistications designed to meet the diverse needs of military operations. An increase in geopolitical tensions with the need for advanced defense mechanisms is expanding the scope for military radars. Growing government investments for the modernization of existing military infrastructure with rising defense budgets across the world are driving the growth of the military radar market. High costs associated with the development and procurement of advanced radar systems and technological complexities hampers the growth of the market. Growing innovations in radar technology, including phased array systems that improve performance capabilities, are expected to create opportunities for market growth. Integration of artificial intelligence (AI) in radar systems, the development of Active Electronically Scanned Array (AESA) radars, and the ever-increasing demand for stealth and precision in combat scenarios are expected to create a platform for market growth.

The Americas represent a significant market for military radars owing to their extensive military capabilities and continuous pursuit of technological advancements. The rising military spending and increasing numerous ongoing research initiatives and defense programs aimed at enhancing radar capabilities for national security are creating a platform for market growth in the Americas. The Asia Pacific region is experiencing rapid growth in the military radar market due to increasing defense budgets, border disputes, and the need for surveillance and security from external threats. Region-specific challenges such as vast maritime borders and island territories necessitate comprehensive radar coverage. The EMEA region has a diverse set of requirements for military radars owing to varied geopolitical interests, economic capabilities, and security challenges. The market dynamics are influenced by collaborative defense projects in Europe, increasing threats to national security in the Middle East, and the emerging needs of African nations. Africa's radar market is relatively growing, with an emphasis on cost-effective solutions for border surveillance and anti-poaching efforts. Some nations are investing in radar systems as part of a wider modernization of their military assets.

Market Segmentation & Coverage:

This research report categorizes the Military Radars Market in order to forecast the revenues and analyze trends in each of following sub-markets:

Based on Component, market is studied across Antennas, Digital Signal Processors, Duplexers, Graphical User Interfaces, Power Amplifiers, Receivers, Stabilization System, and Transmitters. The Antennas is further studied across Active Scanned Array Antennas, Parabolic Reflector Antennas, Passive Scanned Array Antenna, Planar Phased Array Antennas, and Slotted Waveguide Antennas. The Transmitters commanded largest market share of 16.33% in 2023, followed by Receivers.

Based on Range, market is studied across Long Range, Medium Range, Short Range, Very Long Range, and Very Short Range. The Medium Range commanded largest market share of 32.68% in 2023, followed by Long Range.

Based on Frequency Band, market is studied across C-Band, HF/UHF/VHF-Band, Ka-Band, Ku-Band, L-Band, Multi-Band, S-Band, and X-Band. The X-Band commanded largest market share of 21.07% in 2023, followed by C-Band.

Based on Technology, market is studied across Conventional Radar, Quantum Radar, and Software-Defined Radar. The Conventional Radar commanded largest market share of 42.12% in 2023, followed by Quantum Radar.

Based on Product, market is studied across Air Traffic Control Radar, Airborne Moving Target Indicator, Aircraft Birdstrike Avoidance Radar, Counter-Drone Radar, Ground Penetrating Radar, Multi-Function Radar, Surveillance & Airborne Early Warning Radar, Tracking & Fire Control Radar, Weapon Locating & C-ram Radar, and Weather Radar. The Air Traffic Control Radar commanded largest market share of 17.22% in 2023, followed by Surveillance & Airborne Early Warning Radar.

Based on Platform, market is studied across Airborne, Fixed Radar, Land, and Naval. The Airborne is further studied across Aerostats / Balloons-Based Radars, Manned Aircraft Radars, and Uav Radars. The Fixed Radar is further studied across Man-Portable Radars and Vehicle-Based Radars. The Naval is further studied across Coastal Radars, Unmanned Surface Vehicles Mounted Radars, and Vessel-Based Radars. The Fixed Radar commanded largest market share of 39.11% in 2023, followed by Land.

Based on Waveform, market is studied across Doppler and Frequency Modulated Continuous Wave. The Doppler is further studied across Conventional Doppler and Pulse-Doppler. The Frequency Modulated Continuous Wave commanded largest market share of 61.67% in 2023, followed by Doppler.

Based on Dimension, market is studied across 2D Radars, 3D Radars, and 4D Radars. The 2D Radars commanded largest market share of 48.09% in 2023, followed by 3D Radars.

Based on Application, market is studied across Air & Missile Defense, Airborne Mapping, Airspace Monitoring & Traffic Management, Ground Force Protection & Counter Mapping, Ground Surveillance & Intruder Detection, Maritime Patrolling, Search & Rescue, and Mine Detection & Underground Mapping. The Air & Missile Defense commanded largest market share of 12.14% in 2023, followed by Ground Surveillance & Intruder Detection.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa commanded largest market share of 42.39% in 2023, followed by Americas.

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FPNV Positioning Matrix:

The FPNV Positioning Matrix is essential for assessing the Military Radars Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).

Market Share Analysis:

The Market Share Analysis offers an insightful look at the current state of vendors in the Military Radars Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.

Key Company Profiles:

The report delves into recent significant developments in the Military Radars Market, highlighting leading vendors and their innovative profiles. These include Airbus SE, Alaris Holdings Limited, Aselsan A.S., AvL Technologies, Inc., BAE Systems PLC, Ball Corporation, Blighter Surveillance Systems Ltd., Chelton Limited, Cobham Advanced Electronic Solutions, Duotech Services, Inc., Easat Radar Systems Ltd., Echodyne Corp., Elbit Systems Ltd., GEM Elettronica, Goodwin PLC, Hensoldt AG, Indra Sistemas, S.A., Israel Aerospace Industries Ltd., L3Harris Technologies, Inc., Leonardo S.p.A., Lockheed Martin Corporation, Mistral Solutions Pvt. Ltd., Mobile Mark, Inc., Northrop Grumman Systems Corporation, Raytheon Technologies Corporation, Rohde & Schwarz GmbH & Co. KG, Saab AB, SRC Inc., Terma Group, and Thales Group.

Key Topics Covered:

1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Military Radars Market, by Component
7. Military Radars Market, by Range
8. Military Radars Market, by Frequency Band
9. Military Radars Market, by Technology
10. Military Radars Market, by Product
11. Military Radars Market, by Platform
12. Military Radars Market, by Waveform
13. Military Radars Market, by Dimension
14. Military Radars Market, by Application
15. Americas Military Radars Market
16. Asia-Pacific Military Radars Market
17. Europe, Middle East & Africa Military Radars Market
18. Competitive Landscape
19. Competitive Portfolio

The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:
1. What is the market size and forecast of the Military Radars Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Military Radars Market?
3. What is the competitive strategic window for opportunities in the Military Radars Market?
4. What are the technology trends and regulatory frameworks in the Military Radars Market?
5. What is the market share of the leading vendors in the Military Radars Market?
6. What modes and strategic moves are considered suitable for entering the Military Radars Market?

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Contact 360iResearch

Mr. Ketan Rohom
Sales & Marketing,
Office No. 519, Nyati Empress,
Opposite Phoenix Market City,
Vimannagar, Pune, Maharashtra,
India - 411014.
sales@360iresearch.com
+1-530-264-8485
+91-922-607-7550

About 360iResearch

360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.

We are a dynamic, nimble company that believes in carving ambitious, purposeful goals and achieving them with the backing of our greatest asset - our people.

Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.

Our clientele encompasses about 80% of the Fortune Global 500, and leading consulting and research companies and academic institutions that rely on our expertise in compiling data in niche markets. Our meta-insights are intelligent, impactful and infinite, and translate into actionable data that support your quest for enhanced profitability, tapping into niche markets, and exploring new revenue opportunities.

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