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Ground-Based Surveillance Radar Market Size Soars Amid Increasing Border Security Needs | Valuates Reports

12-05-2024 08:25 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Valuates Reports

Ground Based Surveillance Radar - Market Size
The global market for Ground Based Surveillance Radar was estimated to be worth US$ 33150 million in 2023 and is forecast to a readjusted size of US$ 57570 million by 2030 with a CAGR of 8.0% during the forecast period 2024-2030

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Market Trends for Ground-Based Surveillance Radar Market
1. Rising Demand for Border Security:
Increasing geopolitical tensions and border disputes globally are driving the need for advanced ground-based surveillance radar systems to monitor and secure boundaries effectively.
2. Adoption of Advanced Technologies:
Integration of Artificial Intelligence (AI), Machine Learning (ML), and multi-mission radar systems enhances surveillance capabilities, enabling precise detection and tracking of threats.
3. Growth in Civil Applications:
Ground-based radar systems are increasingly used in civil aviation for air traffic control, weather monitoring, and infrastructure protection, broadening their market scope.
4. Expanding Defense Budgets:
Governments worldwide are increasing defense spending, including investments in modern surveillance systems to strengthen national security.
5. Shift Towards Portable and Mobile Systems:
Demand for lightweight, portable radar systems is rising, particularly for tactical operations and quick deployments in challenging terrains.

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Challenges in the Ground-Based Surveillance Radar Market
1. High Costs of Deployment and Maintenance:
Advanced radar systems require significant investment, posing a challenge for developing countries and small-scale operators.
2. Cybersecurity Threats:
Increasing reliance on digital technologies makes radar systems susceptible to cyberattacks, requiring robust cybersecurity measures.
3. Environmental Limitations:
Performance of ground-based radar can be affected by weather conditions, terrain, and electromagnetic interference, reducing operational efficiency in specific environments.
4. Complex Regulatory Approvals:
Export and deployment of surveillance radar systems often face stringent regulations and export control policies, impacting market growth.
5. Integration and Interoperability Issues:
Coordinating ground-based radar systems with existing defense and communication networks can be complex and costly, delaying deployments.

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https://reports.valuates.com/market-reports/QYRE-Auto-30K12750/global-ground-based-surveillance-radar

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