Radar Beacon Market

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RADAR BEACON MARKET ANALYSIS

• Radar Beacon Market, by Product Type (
  Portable, Ship borne, and Airborne), by Component
  Type (Antenna, Transmitter, Receiver, Others), by
  Application (Air Traffic Control, Radio
  Navigation, Missile Guidance, Outer Ballistic
  Measurement, Satellite Orbit Detection, and
  Others), and by Region (North America, Europe,
  Asia Pacific, Latin America, and Middle East and
  Africa) - Size, Share, Outlook, and Opportunity
  Analysis, 2020 - 2027

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• Market Overview
• Radar beacon or Radar Transponder or RACON is
  receiver/transmitter electronic device that
  operates in the radar frequency of 9 and 3 GHz.
  The device is used to detect and identify radar
  targets at a fixed location. They are also used
  to identify the position of ships or aircraft by
  sending a radar signal.
• Factors driving growth of the radar beacon market
• The increasing demand for air traffic control is
  expected to drive the market growth during the
  forecast period. This is attributed to an
  increase in the number of national and
  international travelers across the globe. There
  is higher preference among travelers for flights
  compared to railways for long distance travelling.

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Key Development

• In August 2019, the U.S army invested in Lockheed
  Martin Corporation to produce Q-53 radars. The
  purpose of the Q-53 is to protect war fighters by
  identifying and tracking the location of enemies.
  This radar is used to track aircrafts, drones and
  other threats in the future.
• In November 2019, BAE Systems, a U.K based
  multinational defense, security, and aerospace
  company, received a contract to develop advanced
  radar jamming tech for the U.S. army. The
  technology will help army platforms to detect and
  combat threats in war fights.

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• Impact of COVID-19 on the Radar Beacon Market
• Due to the Covid-19 pandemic, several industries
  have witnessed a significant shift in terms of
  security in their businesses. Similarly, there
  has been a significant impact on the growth of
  the radar beacon market. Owing to bans imposed on
  international and domestic travel by several
  countries across the globe, there has been a
  decline in the growth of the aviation industry.

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Key players in the Radar Beacon Market   
Key players operating in the radar beacon market
are Northrop Grumman Corporation, Lockheed Martin
Corporation, Saab AB, Collins Aerospace, Thales
Group, Honeywell International Inc., L3Harris
Technologies, Inc., Dassault Aviation, BAE
Systems, and General Dynamics Corporation.
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• Segmentation of the Microcell base station
  construction market
• On the basis of product type, the market is
  segmented into
• Portable, Shipborne Airborne
• On the basis of application, the market is
  segmented into
• Antenna, Transmitter, Receiver Others
• On the basis of region, the market is segmented
  into
• North America Europe, Asia Pacific Latin,
  America
• Middle East Africa

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