Radar Market Analysis, Size, Growth, Share & Forecast to 2025 | Grand View Research Inc.
“Radar Market Size Worth $38.01 Billion By 2025 | CAGR: 3.8%�
The global radar market size is expected to be valued at USD 38.01 billion by 2025, registering a CAGR of 3.8% over the forecast period, according to a study conducted by Grand View Research, Inc. Increasing deployments of radars and security related issues across the globe are driving the market growth. Additionally, the market is also witnessing healthy growth in demand due to the increase in sea trade and travel activities across the globe. They have been used for understanding path patterns, altitude, and migration path. Additionally, weather radar systems are used for monitoring changes in climate patterns. Unlike earlier, now the deployment of radars is not limited to the military sector. These systems are now increasingly being adopted in air traffic control, remote sensing, ground traffic control, marine, and meteorological monitoring, among others. The growing adoption and deployment of radars in various sectors for different applications are anticipated to support the market growth over the forecast period. The growth of the air travel industry is encouraging market players to offer airborne radars that operate between L and Ka bands. Short range targeting radars, particularly used for helicopters and tanks, function under the millimeter band. Long range, ground-based radars use lower frequencies and are increasingly being adopted for satellite communication applications. Additionally, a radar system reveals detailed information that is essential for flight operations in dense clouds and it can also be concluded that aircraft-based systems are witnessing high-scale deployment in order to enhance flight safety.
Browse Details of Report @ https://www.grandviewresearch.com/industry-analysis/radar-market Further key findings from the report suggest:  The growing deployments of new antennas and upgrading of the existing radar systems are the key factors driving the growth of the antenna segment
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The installation/integration service segment is expected to reach USD 6,127.5 million by 2025 owing to the increasing deployments of radars in emerging economies of Asia Pacific
The demand for ground-based radars is likely to increase owing to the development of new airports and terminal expansions in various economies across the globe
The X-band segment is projected to witness significant growth over the forecast period owing to the growing spending on the deployment of radars for military applications
The long-range radar segment growth can be attributed to the use of these radars for guiding space vehicles, tracking satellites, observing planetary equipment, and monitoring meteors
The growth of the air traffic control segment is being driven by the growing demand for efficient air traffic control
Asia Pacific regional market is anticipated to witness rapid growth owing to the rapid growth of industries & sectors such as defense, space, and aviation in the region
The key players operating in the radar market include Lockheed Martin Corporation; CollinsAerospace; Saab AB; Honeywell International Inc.; General Dynamics Corporation; BAE Systems; Northrop Grumman Corporation; Raytheon Company; and Thales Group.
Grand View Research has segmented the global radar market on the basis of component, service, platform, frequency band, range, end use, and region. Radar Component Outlook (Revenue, USD Million, 2014 - 2025) Antenna
Transmitter
Receiver
Others
Radar Service Outlook (Revenue, USD Million, 2014 - 2025) Installation/Integration
Support & Maintenance
Training & Consulting
Radar Platform Outlook (Revenue, USD Million, 2014 - 2025) Ground-based
Naval
Airborne
Space-based
Radar Frequency Band Outlook (Revenue, USD Million, 2014 - 2025) L-band
S-band
C-band
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X-band
Ku-band
Ka-band
Others
Radar Range Outlook (Revenue, USD Million, 2014 - 2025) Long Range
Medium Range
Short Range
Radar End Use Outlook (Revenue, USD Million, 2014 - 2025) Military Applications
Air Traffic Control
Remote Sensing
Ground Traffic Control
Others
Radar Region Outlook (Revenue, USD Million, 2014 - 2025) North America
o
U.S.
o
Canada
Europe o
Germany
o
U.K.
Asia Pacific o
China
o
India
o
Japan
Latin America o
Brazil
Middle East & Africa
Table of Content Chapter 1 Methodology and Scope 1.1 Research Methodology 1.2 Research Scope and Assumptions
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1.3 List of Data Sources Chapter 2 Executive Summary 2.1 Radar Market - Industry Snapshot & Key Buying Criteria, 2014 - 2025 2.2 Global Radar Market, 2014 - 2025 2.2.1 Global radar market, by region, 2014 - 2025 2.2.2 Global radar market, by component, 2014 - 2025 2.2.3 Global radar market, by service, 2014 - 2025 2.2.4 Global radar market, by platform, 2014 - 2025 2.2.5 Global radar market, by frequency band, 2014 - 2025 2.2.6 Global radar market, by range, 2014 - 2025 2.2.7 Global radar market, by end use, 2014 - 2025 Chapter 3 Radar Industry Outlook 3.1 Market Segmentation and Scope 3.2 Market Size and Growth Prospects 3.3 Radar Market - Value Chain Analysis 3.3.1 Vendor landscape 3.4 Radar Market - Market Dynamics 3.4.1 Market driver analysis 3.4.2 Market challenge analysis 3.5 Penetration and Growth Prospect Mapping 3.6 Radar Market - Porter’s Five Forces Analysis 3.7 Radar Market - PESTEL Analysis 3.8 AESA Radar - Trends and Application Analysis Continue…………. About Grand View Research, Inc.: Grand View Research, Inc. is a U.S. based market y provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and factbased research across a range of industries including technology, chemicals, materials, healthcare and energy.
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Contact: Sherry James Corporate Sales Specialist, USA Grand View Research, Inc Phone: 1-415- 349-0058 Toll Free: 1-888- 202-9519 Email:sales@grandviewresearch.com For More Information:http://www.grandviewresearch.com
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