Global Radar System Market Competitive Strategies And Forecasts To 2032

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Radar System Global Market Report 2023
Market Size, Trends and Global Forecast 2023-2032
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Radar System Market Segments
The Business Research Company segments its radar
system market report as
Transmitter, Receiver, Antenna
By Component
Continuous Wave (CW) Radar, Pulsed Radar
By Technologies
By Frequency Band
X-Band, S-Band, C-Band
Air Traffic Control, Remote Sensing, Ground
Traffic Control, Space Navigation And Control
By Application
By End-user
Aviation, Maritime Applications, Automotive,
Military And Defense
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Market Statistics
The global radar system market size grew from
29.07 billion in 2022 to 32.25 billion in 2023
at a compound annual growth rate (CAGR) of 10.9.
The radar system market size is expected to grow
to 46.62 billion in 2027 at a CAGR of 9.7.
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Key Market Drivers And Trends
Drivers
The rise in the utilization of radar systems for
weather monitoring is expected to propel the
growth of the radar system market.
Trends
4D electronically scanned array radars is shaping
the radar systems market.
Region
North America was the largest region in the radar
systems market in 2022. Asia-Pacific is expected
to be the fastest-growing region in the forecast
period. The regions covered in radar system
market report are Asia-Pacific, Western Europe,
Eastern Europe, North America, South America,
Middle East and Africa.
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Key Market Players

• Major players in the radar system market are
• BAE Systems Inc.
• Leonardo S.p.A
• Lockheed Martin Corporation
• Northrop Grumman Corporation
• Raytheon Technologies
• And more.

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