Solid State Radar Market will Hit $2.0 billion by 2026 - PowerPoint PPT Presentation

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Solid State Radar Market will Hit $2.0 billion by 2026

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According to the new market research report "Solid State Radar Market with COVID-19 Impact by Dimension (2D, 3D, 4D), Frequency Band (S-band, X-band, L-band), Waveform (Doppler, FMCW), Application (Navigation, Weather Monitoring), Industry and Region - Global Forecast to 2026", published by MarketsandMarkets™, the Solid State Radar Market is projected to grow from USD 1.7 billion in 2021 to USD 2.0 billion by 2026; it is expected to grow at a CAGR of 4.2% from 2021 to 2026. – PowerPoint PPT presentation

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Title: Solid State Radar Market will Hit $2.0 billion by 2026


1
MarketsandMarkets Presents

Solid State Radar Market will Hit 2.0 billion by
2026 Solid State Radar Market with COVID-19
Impact by Dimension (2D, 3D, 4D), Frequency Band
(S-band, X-band, L-band), Waveform (Doppler,
FMCW), Application (Navigation, Weather
Monitoring), Industry and Region - Global
Forecast to 2026 https//www.marketsandmarkets.co
m/Market-Reports/solid-state-radar-market-10748284
6.html
2
According to the new market research
report "Solid State Radar Market with COVID-19
Impact by Dimension (2D, 3D, 4D), Frequency Band
(S-band, X-band, L-band), Waveform (Doppler,
FMCW), Application (Navigation, Weather
Monitoring), Industry and Region - Global
Forecast to 2026", published by
MarketsandMarkets, the Solid State Radar Market
is projected to grow from USD 1.7 billion in 2021
to USD 2.0 billion by 2026 it is expected to
grow at a CAGR of 4.2 from 2021 to 2026. The
key factors fueling the growth of the market
include advancements in solid state radar
technologies, development of phased-array solid
state radar, and increased demand for advanced
weather monitoring radar. Additionally, the
growing investments across the defense sector in
the APAC is expected to create an opportunity for
the solid state radar market. Browse 133 market
data Tables and 62 Figures spread through 190
Pages and in-depth TOC on "Solid State Radar
Market with COVID-19 Impact - Global Forecast to
2026"
3
The 3D segment is projected to account for the
largest share of the solid state radar market
during the forecast period. The 3D solid state
radars are used in applications, such as
surveillance, navigation, and weather monitoring.
These 3D radars can provide high target location
accuracy along and fully automatic operation
modes, which has resulted in an increased demand
for these radars in the military. Ask PDF
Brochure https//www.marketsandmarkets.com/pdfdow
nloadNew.asp?id107482846 The market for S-band
solid state radar is expected to grow at the
highest CAGR during the forecast period The
S-band solid state radars provide highly accurate
outputs and are stable at high power. Other
advantages of these radars include clear images,
reduced maintenance, and low running costs. The
growing air traffic and increasing investments in
airport infrastructure development in various
countries across the globe are key factors
expected to boost the market of S-Band solid
state radars.
4
The non-commercial industry in solid state radar
is expected to grow at the highest CAGR during
the forecast period. The solid state radars are
used by police forces, border security forces,
coastal maritime patrol officers, and search
rescue operatives. These radars are also used to
detect targets and determine their position,
course, and speed over a long-range. Solid state
radars facilitate intelligence gathering,
surveillance, and reconnaissance. Thus, all these
factors are expected to drive the growth of solid
state radar market for this segment. Request
Free Sample Pages https//www.marketsandmarkets.c
om/requestsampleNew.asp?id107482846 North
America held the largest share of the global
solid state radar market during the forecast
period. The increased adoption of solid state
radars in the navigation, border security,
surveillance, and traffic management applications
is the major reason for the growing demand for
radars in the commercial as well as
non-commercial industries. The demand for solid
state radars is expected to increase with the
growing investments across the defense sector in
the region. The key players operating in the
solid state radar market include Lockheed Martins
(US), Raytheon Technologies (US), Honeywell (US),
Thales Group (France), Leonardo (Italy), Elbit
Systems (Israel), Garmin (US), Indra (Spain),
Wartsila (Finland), and Teledyne Flir (US).
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