Surveillance Radars Market Insights and Global Forecast to 2025

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The report "Surveillance Radars Market by
Application (Commercial, National
Security, Defense Space), Platform (Land,
Airborne, Naval, Space), Frequency Band (HF,
UHF VHF L S C X Ku Ka Multi- bands),
Dimension, Component, Region - Global Forecast
to 2025", size is projected to grow from USD 8.0
billion in 2020 to USD 11.5 billion by 2025, at
a CAGR of 7.6 from 2020 to 2025. The market is
driven by various factors, such as the
advancement in border surveillance systems,
ongoing military modernizations, demand for
border surveillance, and the need for advanced
air defense systems among others. Download PDF
Brochure _at_ https//www.marketsandmarkets.com/pdfdo
wnloadNew.asp?id35330984 Key Market Players The
Surveillance Radar market includes major players
Raytheon Technologies Corporation (US), Lockheed
Martin Corporation (US), Hensoldt (Germany),
Israel Aerospace Industries Ltd. (Israel), and
Leonardo S.p.A (Italy). These players have
spread their business across various countries
includes North America, Europe, Asia Pacific,
Middle East Africa, and South America. COVID-19
has impacted their businesses as well. Industry
experts believe that COVID-19 could affect
Surveillance Radar production by 3 to 5
globally in 2020. Based on the application, the
defense and space segment is expected to lead
the surveillance radar market share during the
forecast period. Based on application, the
surveillance radars market is projected to be led
by the defense space segment from 2020 to
2025. This segment is expected to grow during
the forecast period due to the rising demand for
3D surveillance radars for air defense, need for
surveillance radars for border protection and
surveillance, need for airborne, drone-based
surveillance radars for intelligence,
surveillance, and reconnaissance (ISR), among
others. Long range radars segment is estimated to
be the largest market share during the forecast
period. The long-range radar is estimated to be
the largest market share segment in the
surveillance radar market. The growth of this
segment can be attributed due to need of
long-range radars are used for long-distance
tracking and accurate location. These radars are
capable of engaging multiple targets
simultaneously and can resist
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electronic jamming. For example, the range of
SPS-48 land-based surveillance radar offered by
L3Harris is estimated to have a range of 460 km,
which can track multiple targets moving in any
direction, at any speed. Based on the Frequency,
the X-band segment is expected to lead the
surveillance radar market share during the
forecast period. Based on the frequency band, the
X-band segment is expected to lead the
surveillance radar market during the forecast
period. The market for X-band surveillance
radars is expected to grow during the forecast
period due to its preference for military
applications. X-band is reserved for government
and military use. Several marine radars operate
on X-band as it provides better target
resolution, especially for long-range
applications. The market for surveillance radar
in the North America is projected to grow at the
highest market share during the forecast
period The North America region of the
surveillance radar market has the highest market
share during the forecast period. The
surveillance radars market in the North American
region is expected to witness substantial growth
during the forecast period due to the ongoing
modernizations of aircraft, ships, border
surveillance systems, among others. According to
an article published in by The Intercept on 25th
August 2019, the US Customs and Border Patrol
(CBP) are planning to install 10 surveillance
towers across the Arizona border under a USD 26
million contract with Elbit Systems (Israel).
Cross-border conflicts, high illegal immigration
rates, and drug trafficking have led to the US
Homeland Security investing heavily in border
security and detection systems. Ask for Sample
Report _at_ https//www.marketsandmarkets.com/reques
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