Medium Range Surveillance Radar Market
Medium Range Surveillance Radar Market Scope: Industry Analysis, Market Size, Growth, Trends Till
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Medium Range Surveillance Radar Market Size and Growth
The Medium Range Surveillance Radar market is experiencing substantial growth, driven by increasing defense expenditures and demand for border security. Market size is projected to reach approximately $1.5 billion by 2026, reflecting a CAGR of around 5%. Advancements in radar technology and integration with UAVs enhance operational capabilities and market appeal.
Companies Covered
(Covid 19 Impact Covered)
◍ Thales
◍ Airbus
◍ IAI
◍ SRC
◍ CETC
◍ Blighter
◍ Bharat Electronics Limited
The Medium Range Surveillance Radar market is competitive, featuring Thales, Airbus, IAI, SRC, CETC, Blighter, and Bharat Electronics Limited. These companies drive growth through advanced technology, innovative solutions, and strategic partnerships, enhancing capabilities in surveillance and defense.
Notable sales revenue figures include:
- Thales: €19.4 billion
- Bharat Electronics: ₹11,942 crore
- IAI: $4 billion
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Market Segmentation
By Application
Grand Surveillance
Coast Surveillance
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By Product
Land Based
Portable
Market Growth
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$ X Billion USD
