Airborne Radars Market expected to reach $6.0 billion by 2025 - PowerPoint PPT Presentation

About This Presentation
Title:

Airborne Radars Market expected to reach $6.0 billion by 2025

Description:

The airborne radars market is projected to grow from USD 4.1 billion in 2020 to USD 6.0 billion by 2025, at a CAGR of 8.0% from 2020 to 2025. – PowerPoint PPT presentation

Number of Views:21
Slides: 4
Provided by: sandeeproy

less

Transcript and Presenter's Notes

Title: Airborne Radars Market expected to reach $6.0 billion by 2025


1
The report "Airborne Radars Market by Technology
(Software-defined Radar, Conventional Radar,
Quantum Radar), Dimension (2D, 3D, 4D),
Application, Platform, Waveform, Component,
Frequency Band, Range, Installation Type, and
Region - Global Forecast to 2025" is estimated to
be valued at USD 4.1 billion in 2020. It is
projected to reach USD 6.0 billion by 2025,
recording a CAGR of 8.0 in terms of value. The
market is driven by factors such as the rising
demand for phased array radars
for better operational efficiency during air
surveillance, border surveillance, and
commercial applications.
radar are on any
Airborne installed airborne
platform, such as business
jets, fighter aircraft, unmanned aerial vehicles,
and helicopters for commercial and military
applications. According to the National Defense
Industrial Association (US), an airborne radar
can be divided into three major categories that
include air-target surveillance and cueing radar
mounted in rotodomes, nose-mounted fighter radar,
and side-looking radar for ground reconnaissance
and surveillance. Essentially, it is used to
scan an object to obtain a 360-degree view and
provide information on the range and altitude of
the object. It is primarily used to detect the
presence, direction, distance, and speed of
aircraft, ships, and other objects. The radar
sends out pulses of radio waves, which are
reflected off the objects back to the
radar. Download PDF Brochure _at_ https//www.markets
andmarkets.com/pdfdownloadNew.asp?id238608221 The
airborne radars market is being driven by the
increased adoption of advanced combat warfare
systems to gain an advantage over enemy forces
and the increasing defense expenditure of
various countries. Industry players are
undertaking RD activities that focus on
improving the capability of these radar to
perform in all- weather conditions and provide
support in commercial as well as defense
operations, such as long-range surveillance,
search rescue, drug interdiction,
counterterrorism, and maritime environmental
support, among others. Along with this, an
increase in the usage of UAV systems and the need
for ground surveillance and communication act as
key driving factors for the airborne radars
market. Based on component, the digital signal
processor segment is projected to grow at the
highest CAGR during the forecast period The
growth in the airborne radars market is expected
to drive the growth of these different
components proportionately. The requirement of
advanced radar systems, as well as upgradation
and modernization of conventional radar, will
help grow the market for radar components. Thus,
the growth rate of multiple components, such
2
as transmitters, receivers, and power amplifiers,
is expected to be in a similar range during the
forecast period. Based on technology, the
software-defined radar (SDR) segment is projected
to grow at the highest CAGR during forecast
period Growing demand for versatility of
airborne radar in processing various tasks, such
as signal generation, filtering, up and down
conversion, etc., through software is driving
the growth of this segment. Northrop Grumman
Corporation (US), Lockheed Martin Corporation
(US), Leonardo SpA (Italy) and BAE Systems (US)
are some of the major players that offer
technologically advance airborne radars. Based on
dimension, 3D segment is projected to grow at the
highest CAGR during forecast period 3D airborne
radar overcome the challenges faced by 2D radar.
They use active electronically scanned arrays,
with digital beamforming capabilities. These
radar are critical for air defense and for
applications that require the precise coordinates
of a target. Demand for high accuracy in target
detection and fully automated operational
capabilities are some of the major factors
driving the segment growth. The Asia Pacific
region is the fastest-growing in the airborne
radars market in the forecast period The Asia
Pacific airborne radars market is projected to
grow at the highest CAGR during the forecast
period. The growth of the Asia Pacific airborne
radars market is primarily driven by increasing
focus on modernization of existing military
systems by major economies in this region. In
addition, factors including increasing
geopolitical tensions and increased defense
related expenditure are expected to drive the
demand for airborne radar in the region. Key
Market Players This report includes a study on
the marketing and development strategies, along
with the product portfolios of leading companies.
It consists of profiles of leading companies,
such as Lockheed Martin Corporation (US),
Northrop Grumman Corporation (US), Thales Group
(France), Hensoldt AG (Germany), Leonardo SPA
(Italy), BAE Systems (UK), Israel Aerospace
Industries (Israel), Saab AB (Sweden), Aselsan
(Turkey), Elbit Systems (Israel) and L3Harris
Technologies (US). Ask for Sample Report
_at_ https//www.marketsandmarkets.com/requestsampleN
ew.asp?id238608221 About MarketsandMarkets Mar
ketsandMarkets provides quantified B2B research
on 30,000 high growth niche opportunities/threats
which will impact 70 to 80 of worldwide
companies revenues. Currently servicing 7500
customers worldwide including 80 of global
Fortune 1000 companies as clients. Almost 75,000
top officers across eight industries worldwide
approach MarketsandMarkets for their painpoints
around revenues decisions.
3
MarketsandMarketss flagship competitive
intelligence and market research platform,
"Knowledgestore" connects over 200,000 markets
and entire value chains for deeper understanding
of the unmet insights along with market sizing
and forecasts of niche markets. Contact Mr.
Aashish Mehra MarketsandMarkets INC. 630
Dundee Road Suite 430 Northbrook, IL 60062 USA
1-888-600-6441
Write a Comment
User Comments (0)
About PowerShow.com