Airborne Radars Market

Airborne Radars Market worth $6.0 billion by 2025

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",, size 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. Airborne radar are installed on any 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.

Browse 202 market data Tables and 67 Figures spread through 279 Pages and in-depth TOC on "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"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/airborne-radars-market-238608221.html

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 R&D 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 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.

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).

Don’t miss out on business opportunities in Airborne Radars Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

About MarketsandMarkets™

MarketsandMarkets™ 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.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s 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
[email protected]

Report Code
AS 7864
PR Published ON
4/5/2021
Choose License Type
BUY NOW
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the Airborne Radars Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
REQUEST A FREE WORKSHOP
ADJACENT MARKETS
REQUEST BUNDLE REPORTS
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
©2021 MarketsandMarkets Research Private Ltd. All rights reserved
...

Digital Virtual Assistant - MarketsandMarkets

Home