Surveillance Radars Market Size, Key Players, Analysis and Forecast to 2025

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Surveillance Radars Market Size, Key Players,
Analysis and Forecast to 2025 - A Revenue Impact
Analysis by MarketsandMarkets 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. Browse 242 market data Tables and 55
Figures spread through 271 Pages and in-depth TOC
on "Surveillance Radars Market - Global
Forecast to 2025" Download PDF Brochure
_at_ https//www.marketsandmarkets.com/pdfdownloadNew
.asp?id35330984 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 sahre 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 electronic jamming. For example, the
range of SPS-48 land-based surveillance radar
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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. 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) are some of
the leading players operating in the
Surveillance Radar market report. Ask for Sample
Report _at_ https//www.marketsandmarkets.com/request
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