Surveillance Radars Market Outlook and Global Forecast to 2025 - PowerPoint PPT Presentation

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Surveillance Radars Market Outlook and Global Forecast to 2025

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Surveillance Radars Market is projected to grow from $8.3 billion in 2019 to $11.9 billion by 2025, at a CAGR of 6.3% from 2019 to 2025. – PowerPoint PPT presentation

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Title: Surveillance Radars Market Outlook and Global Forecast to 2025


1
The Surveillance Radars Market is projected to
grow from 8.3 Billion in 2019 to 11.9 Billion
by 2025, at a CAGR of 6.3 from 2019 to 2025.
Some of the factors that are expected to fuel
the growth of the market are the growing need
for 3D air defense radars, growing demand for
drone detection radars for airports, and
ongoing military modernizations globally, among
others. Download PDF Brochure _at_ https//www.market
sandmarkets.com/pdfdownloadNew.asp?id35330984 Bas
ed on the component, the digital signal
processors segment of the surveillance radars
market is projected to grow at the highest CAGR
during the forecast period. Based on the
component, the digital signal processors segment
of the surveillance radars market is projected
to grow at the highest CAGR from 2019 to 2025.
Radar upgrades include the switching of analog
signal processors to digital signal processors.
Active Electronically Scanned Array (AESA) radars
require digital signal processors to
handle/process all the data coming from each
separate receive/transmit module in the antenna.
AESA surveillance radars are used extensively in
military airborne, naval, and air defense
applications. Based on the platform, airborne
segment is expected to lead the surveillance
radars market from 2019 to 2025. Based on the
platform, the surveillance radars market is
segmented into land, airborne, Naval, and space.
The growth of the airborne segment can be
attributed to the increasing demand for
surveillance via aircraft or Unmanned Ariel
Vehicle (UAV). For example, L3Harris long-range
surveillance radar, AN/APY-11 Multimode Radar is
installed on the US Coast Guards Long-Range
Surveillance HC-130J aircraft. It is used to
intercept drug smugglers, locate stranded boats
and track ice in the North Atlantic. Based on
application, the defense space segment of the
surveillance radars market is projected to grow
at the highest CAGR from 2019 to 2025. Based on
application, the surveillance radars market has
been segmented into commercial, defense space,
and national security. The increasing demand for
surveillance radars in the defense space
segment is expected to have a significant impact
on the market for surveillance radars. This
increase in demand can be
2
attributed to the need for border surveillance,
and requirement of man-portable radars for
battlefield surveillance, among others. Asia
Pacific surveillance radars market is projected
to grow at the highest CAGR from 2019 to
2025. Based on the region, the market in Asia
Pacific is projected to grow at the highest CAGR
during the forecast period. Increasing demand for
surveillance radars for border surveillance,
intelligence, and reconnaissance, and modern air
defense systems, among others, are expected to
drive the demand in the region during the
forecast period. Key Market Players The major
players in the surveillance radars market are
FLIR Systems, Inc. (US), ASELSAN A/S (Turkey),
Lockheed Martin Corporation (US), Raytheon
Company (US), Hensoldt (Germany), Saab AB
(Sweden), Israel Aerospace Industries Ltd.
(Israel), Leonardo S.p.A (Italy), Elbit Systems
Ltd. (Israel), L3Harris (US), and Thales Group
(France), among others. Ask for Sample Report
_at_ https//www.marketsandmarkets.com/requestsampleN
ew.asp?id35330984 About MarketsandMarkets Mark
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