Surveillance Radars Market To Witness the Highest Growth in North America Region - PowerPoint PPT Presentation

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Surveillance Radars Market To Witness the Highest Growth in North America Region

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Surveillance Radars Market 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. – PowerPoint PPT presentation

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Title: Surveillance Radars Market To Witness the Highest Growth in North America Region


1
  • Surveillance Radars Market to Witness the
    Highest Growth in North America Region
  • The global Surveillance Radar Market 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.
  • Browse
  • 242 Market Data Tables
  • 55 Figures
  • 271 Pages and in-depth TOC on Surveillance
    Radar Market Global Forecast to 2025
  • Download PDF Brochure _at_
  • https//www.marketsandmarkets.com/pdfdownloadNew.a
    sp?id35330984
  • COVID-19 Impact on the Global Surveillance Radar
    Market
  • 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 and
    services by 3 ot 5 globally in 2020.
  • The rapid spread of COVID-19 in Europe, the US
    Asia Pacific has led to a significant drop in
    demand for Surveillance Radars globally, with a
    corresponding reduction in revenues for various
    suppliers, service providers across all markets
    owing to late delivery, manufacturing shutdown,
    the limited staff at manufacturing facilities,
    and limited availability of equipment. As per
    industry experts, the global Surveillance Radar
    demand is anticipated to recover by 2023 fully.
  • Digital Signal Processors segment is expected to
    witness the second largest market share during
    the forecast period
  • By Component, Digital Signal Processors is
    expected to have the largest market share during
    the forecasted period. Digital signal processor
    acts as a computer, which performs all the
    command and control operations by performing
    signal processing.

2
Earlier, systems used analog signal processing
techniques. The new digital signal processing
uses high-end processors, such as Field
Programmable Gated Array (FPGA), Graphics
Processing Unit (GPU), and general-purpose
processors. 3D segment is expected to witness the
largest market share during the forecast
period The 3D is estimated to be the largest and
fastest-growing segment in the Surveillance Radar
market. T3D surveillance radars overcome the
challenges faced by 2D radars. 3D radars use
active electronically scanned arrays, with
digital beamforming capabilities. These radars
are critical for air defense, and for
applications which require precise coordinates of
a target to be gathered. Some 3D radars use
stacked beams for surveillance. Digital
beamforming technique has enabled 3D surveillance
radars to become more advanced. Saab AB (Sweden)
offers portable 3D radars for short-range air
surveillance. Giraffe 1X is a lightweight 3D
radar, which can be integrated on multiple mobile
platforms and can be used to track drones and
provide a warning against incoming rocket,
artillery, and mortar rounds. The radar is
capable of classifying 100 different targets
simultaneously. The Ku-band segment is projected
to witness a higher CAGR during the forecast
period Based on the frequency band, the Ku-band
segment is projected to grow at the highest CAGR
during the forecast period. Ka-bands provide a
wide beam coverage and a higher throughput in
comparison with lower bands. They suffer from
rain fading, due to the absorption of
electromagnetic waves by the rain. Blighter
Surveillance Systems (UK) offers the Revolution
360 Radar, which uses Ku-band for the detection
of targets. It operates in a fast-scan mode to
achieve a full 360 coverage in 20 seconds. In
2018, the US Army awarded a contract to the
Raytheon Group for the development of a
multi-mission radar system (KuFRS) based on
Ku-band frequency. This radar system is capable
of delivering precision firepower along with many
other functions, including early detection of
various threats. The North America market is
projected to witness the highest market share
from 2020 to 2025 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
3
(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. The US
Customs and Border Protection has started
installing surveillance towers across the Texas
border. 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). Ask for Sample Report
_at_ https//www.marketsandmarkets.com/requestsampleN
ew.asp?id35330984
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