Global Airborne Radars Market Projected to Soar to New Heights by Next 5 Years

1
Global Airborne Radars Market Projected to Soar
to New Heights by Next 5 Years
The Global Airborne Radars Market is witnessing
substantial growth, driven by
increasing military rising demand
modernization programs, growing geopolitical
tensions, and for and
surveillance

• reconnaissance capabilities. According to
  the latest market research report by
  MarketsandMarkets, the airborne radars
  market is expected to reach USD 6.0 billion by
  2025, at a CAGR of 8.0
• from 2020 to 2025.
• Market Overview
• Airborne radars have become a crucial component
  of modern defense systems, enabling real-time
  data collection, target identification, threat
  detection, and situational awareness. These
  radars are extensively utilized in various
  defense applications, such as fighter aircraft,
  helicopters, UAVs (Unmanned Aerial Vehicles),
  and airborne early warning control systems.
  Additionally, the increasing adoption of
  commercial airborne radars for weather
  monitoring, surveillance, and disaster
  management is further bolstering market growth.
• Download PDF Brochure _at_ https//www.marketsandmar
  kets.com/pdfdownloadNew.asp?id238608221 Key
  Market Findings
• Rising Defense Budgets The surge in defense
  budgets across several countries is fueling the
  demand for advanced airborne radar systems.
  Governments are investing significantly in
  upgrading their defense capabilities, leading to
  the incorporation of state-of-the-art radar
  technology in new aircraft and modernizing
  existing ones.
• Technological Advancements Ongoing research and
  development in radar technology have resulted in
  innovative products with enhanced capabilities,
  reduced size, and improved accuracy.
  Advancements in phased array radar systems and
  synthetic aperture radar (SAR) technology are
  contributing to the market growth.
• Demand for Multi-Function Radars The preference
  for multi-function radars that offer multiple
  capabilities, such as surveillance, target
  tracking, and electronic warfare, is increasing
  among defense organizations. These radars provide
  cost- effective solutions and reduce the need
  for multiple radar installations.

2
Geopolitical Tensions The escalating
geopolitical tensions and security concerns in
various regions are prompting governments to
strengthen their military capabilities, driving
the procurement of airborne radars for border
surveillance and defense. Commercial
Applications The commercial aviation sector is
witnessing a growing adoption of airborne
weather radars to ensure flight safety, detect
turbulence, and navigate through adverse weather
conditions. Additionally, airborne radars are
employed in agriculture, oil gas exploration,
and disaster management applications. Regional
Insights The report provides a comprehensive
analysis of the airborne radars market across
key regions, including North America, Europe,
Asia-Pacific, Latin America, and the Middle East
Africa. North America is anticipated to lead
the market due to substantial investments in
defense modernization and the presence of
prominent radar manufacturers in the region.
Asia-Pacific is expected to witness significant
growth during the forecast period, driven by
escalating military expenditure in countries
like China, India, and South Korea. Key Market
Players The global airborne radars market is
dominated by a few globally established players
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). Inquiry before buying
_at_ https//www.marketsandmarkets.com/Enquiry_Before
_BuyingNew.asp?id238608 221 About
MarketsandMarkets MarketsandMarkets is a blue
ocean alternative in growth consulting and
program management, leveraging a man-machine
offering to drive supernormal growth for
progressive organizations in the B2B space. We
have the widest lens on emerging technologies,
making us proficient in co-creating supernormal
growth for clients. The B2B economy is witnessing
the emergence of 25 trillion of new revenue
streams that are substituting existing revenue
streams in this decade alone. We work with
clients on growth programs, helping them monetize
this 25 trillion opportunity through our
service lines - TAM Expansion, Go-to-Market (GTM)
Strategy to Execution, Market Share Gain,
Account Enablement, and Thought Leadership
Marketing. Built on the GIVE Growth principle,
we work with several Forbes Global 2000 B2B
companies - helping them stay relevant in a
disruptive ecosystem. Our insights and
strategies are molded by our industry experts,
cutting-edge AI-powered Market Intelligence
Cloud, and years of research. The KnowledgeStore
(our Market Intelligence Cloud) integrates our
research, facilitates an analysis of
interconnections
3
through a set of applications, helping clients
look at the entire ecosystem and understand the
revenue shifts happening in their
industry. Contact Mr. Aashish Mehra
MarketsandMarkets INC. 630 Dundee Road Suite
430 Northbrook, IL 60062 USA 1-888-600-6441