openPR Logo
Press release

Global X-Band Radar Market expected to register a CAGR of 3.8% from 2016 to 2026

06-12-2017 04:09 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Future Market Insights

Global X-Band Radar Market expected to register a CAGR of 3.8%

According to a new market report published by Future Market Insights titled “X-Band Radar Market - Global Industry Analysis and Opportunity Assessment, 2016 - 2026,” the global X-band radar market was valued at US$ 4.6 Bn in 2015 and is expected to register a CAGR of 3.8% from 2016 to 2026 to reach US$ 6.9 Bn by 2026. Growth of the global X-band radar market is primarily driven by increasing need of advanced security and surveillance systems across the world.

Increasing significance of weather and climate predictions, and aviation safety is propelling the demand for X-band radar market globally. X-band radars help improve aviation safety and increase the operational efficiency of the entire air transport industry. Besides, they also provide alerts on floods through continuous monitoring of rainfall. Vendors such as Saab Group and Northrop Grumman Corporation recently introduced weather monitoring radar.

Ask For Report Sample@ http://www.futuremarketinsights.com/reports/sample/rep-gb-879

Inability to adjust quickly to track a stream of separate missiles is one of the factors restraining the growth of the market. Sea-based X-band radar can be supported by a land-based early warning radar in case of an event of an attack. These radars could help X-band radars by identifying a definite location for Sea-based X-band Radar (SBX) to focus on. However, aiming and re-aiming the giant radar’s beam is a clumsy process. This inhibits X-band radar’s ability to bend swiftly enough to track a range of different missiles.

On the basis of type, the global X-band radar market is segmented as mobile X-band radar and sea based-X-band radar. The mobile X-band radar segment was valued US$ 3.1 Bn in 2015 and is anticipated to register a CAGR of 4.1% during the forecast period 2016–2026. The sea-based X-band radar segment was valued US$ 1.5 Bn in 2015.

Browse the full "X-Band Radar Market - Global Industry Analysis and Opportunity Assessment, 2016 - 2026" market research report at http://www.futuremarketinsights.com/reports/x-band-radar-market

X-Band Radar Market: Region-wise Segmentation

North America, the largest market for X-Band radar, was valued US$ 1.5 Bn in 2015and is expected to grow at a CAGR of 5.1% during the forecast period of 2016-2026. In North America region, ARL-E long range radars developed by Northrop Grumman Corporation have witnessed traction in their adoption by the U.S. government. These radars have enhanced the U.S. Army’s C4ISR capabilities.

Western Europe region is expected be the second largest market of global X-band radar, followed by Eastern Europe. Ground Master 400 radar, developed by the Raytheon Company is very popular in this region.

Key Players in X-Band Radar Market

Key players of the global X-band radar market include Northrop Grumman Corporation, Raytheon Company, Saab Group, Japan Radio Company Limited, Israel Aerospace Industries Ltd, Furuno Electric Co.,Ltd, Terma A/S, Detect, Inc., Reutech Radar Systems, and ProSensing, Inc.

Ask For More Information@ http://www.futuremarketinsights.com/askus/rep-gb-879

Leading players in the global x-band radar market are focusing on the development of end-to-end products and services such as logistics, infrastructure and maintenance, and providing support to their clients. Companies such as Saab Group, Raytheon Corporation, DeTect, Inc. serve both domestic and international government customers as a prime contractor and subcontractor of defence and related programmes.

ABOUT US:

Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global X-Band Radar Market expected to register a CAGR of 3.8% from 2016 to 2026 here

News-ID: 573892 • Views: 208

More Releases from Future Market Insights

How Changing Dynamics of Cable Testing Market are Reflecting on Growth Strategie …
Global Cable Testing Market: Introduction The cost of the substitution of cables that are concealed is very high. Faults in the cable, bending, kinking, and crushing, are not always visible, which has created the requirement for cable testing. Thus, cable testing helps check the cable functionality, cable quality, and cable conformity. Several times, cable testing by visual inspection is an effective way of identifying the actual problem before it causes any
How Transformative Trends in Self-Organising Network Market are Molding Strategi …
Self-Organising Network: Introduction With accelerated advancements and increasing complexities in the radio network technologies, such as those utilised for the development of LTE and 5G networks, which are used for planning, management, configuration, healing and optimisation, are required to be automated to facilitate efficiency. At present, suppliers are offering self-organising networks that possess the ability to offer optimum performance. Self-organising networks are use cases that perform network governance, including network planning,
Mining Vehicle AC Kits Market: Exploring the Impact of Trends on Strategies of K …
Mining Vehicle AC Kits Market: Introduction Cabin space in mining equipment has become more sophisticated in the recent past. The installation of mining vehicle AC kits has evolved from an optional feature to a necessary feature. Mining equipment manufacturers have made advancements in technology related to efficiency, performance and cost of air conditioning systems in order to make them affordable and economical to enable low-budget and compact installations without compromising on
Key Factors to Fuel Growth of the Talent Acquisition & Staffing Technology and S …
With the growing importance of recruiting and retaining top talent effectively and efficiently, smart hiring processes are the need of the hour. It is about time organisations move beyond merely scrutinising resumes. Salaries and benefits are important factors, but adopting ways that would make candidates an important part of the hiring process will attract the best talent. Studies reveal that due to discrepancies in existing Applicant Tracking Systems (ATS), hiring

All 5 Releases


More Releases for Radar

Radar Gun Market 2019-2025 - Recent Trends and Growth Opportunities By Major pla …
Global Radar Gun Market Insights, production, value, price, Future and Forecast up to 2025. The Market Revenue of Global Radar Gun Market is expected to expand at a lucrative CAGR over the forecast period. Global Radar Gun Market segmentation, industry reports, market trends, and market outlook are now available from Up Market Research (UMR). Request for PDF Sample of this Research Report @ https://www.upmarketresearch.com/home/requested_sample/109972 The key players covered in this study
Radar Gun Market to Witness Huge Growth | Sports Radar, Uniden, Sports Sensors, …
HTF MI released a new market study on Global Radar Gun Market with 100+ market data Tables, Pie Chat, Graphs & Figures spread through Pages and easy to understand detailed analysis. At present, the market is developing its presence. The Research report presents a complete assessment of the Market and contains a future trend, current growth factors, attentive opinions, facts, and industry validated market data. The research study provides estimates
3D Radar Market - Increasing Adoption of 3D Radar By Airports
The military and defense sector has been constituting a prominent chunk of budget in the economy of all developed countries for a number of years but in the past couple of decades, a number of emerging economies have incremented their expenditure on ensuring safety and security of their nation. This factor has given thrust to the demand for advanced military and defense technologies, among which, the 3D radar market is
Spyware tracking under the radar
The U.S. has seen a massive growth in sales of “off-the-shelf” software to trace an individual’s every move based on the microwaves emitted by their mobile phones. This opens the door to privacy and personal data security issues. The fear of being watched has been expressed by 80% of Americans. The growth in consumer spyware looks set to continue over the next year and it is unclear how it can be
Automotive RADAR Market Outlook by Range (Long Range Radar (LRR), Medium Range R …
Automotive RADAR system plays a vital role in advanced driver assistance system (ADAS) by continuously sensing the distance between vehicles in real-time, improving driving efficiency and increasing safety. These system are mainly used for preventing and alerting vehicle from collision detection, warning and mitigation. The boosting demand for advanced innovative features such as travel control will escalate the demand for automotive RADARs and also these systems will minimize human errors
SYNTHETIC APERTURE RADAR (SAR) MARKET
Synthetic aperture radar market refers to the space and air-based SAR that functions on the principle of transmission and reception of the reflected signals that interact with the ground and aid in the imaging, tracking, detection and characterization. SAR finds significant applications over the conventional electro optical (EO) imaging systems, primarily owing to microwaves being able to penetrate through clouds and provide consistent 24 hour, all weather data efficiency. Increasing traction