The 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.
Raytheon Technologies Corporation (US), Lockheed Martin Corporation (US), Israel Aerospace Industries Ltd. (Israel), and Leonardo S.p.A (Italy), Hensoldt (Germany),. These players have adopted various organic and inorganic growth strategies to strengthen their position in the market. These include new product developments, contracts, partnerships, expansions, agreements, acquisitions, and research & development (R&D) activities further to expand their presence in the Surveillance Radar Market.
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Raytheon Technologies Corporation (US) secures the first position in the market. The US-based company is a key supplier of surveillance radars to the US military. The surveillance radars offered by the company cater to shipborne, and ground-based applications. It uses the digital beamforming technology for enhanced surveillance capabilities. The company had a 7.6% growth in sales in 2018. In July 2019 Raytheon secured a contract worth USD 88 million from the US Navy to help the US Navy’s Forces Surveillance Support Center in Virginia engineer an over-the-horizon radar system.
Lockheed Martin Corporation (US) secures the second position in the market. The company offers industry-leading surveillance for ground-based surveillance, and airborne air-to-air and air-to-ground surveillance. It uses UHF-bands, X-bands, D-bands, and L-bands on its surveillance radars. The company’s radars cater to medium and long-range applications. Company sales grew by 7.6% in 2018. In July 2019, Lockheed Martin secured a contract worth USD 600 million from Northrop Grumman Corporation (US) for the supply of 24 APY-9 radars for the US Navy’s E-2D aircraft program.
Israel Aerospace Industries Ltd. (IAI) (Israel) secures third rank in surveillance radars market. The company has a broad product portfolio, covering airborne, land, and naval applications. It has multiple surveillance radars which use 3D and 4D technology. The company uses a wide range of antennas, including Active Electronically Scanned Antennas (AESA), planar array antennas, synthetic aperture radars, and inverse synthetic aperture radars, among others. It focuses on research & development of new technologies, and is a key supplier of defense technologies to India and other Asia Pacific countries. The company has innovative intrusion detection and monitoring systems, maritime surveillance applications, and multi-sensor imaging solutions for various missions. The company’s sales grew by 4.6% in 2018. In April 2019 ELTA Systems Ltd., a subsidiary of IAI, secured a contract worth USD 10 million to supply Grupo KABAT with ELM-2226 Advance Coastal Surveillance Radars (ACSR) to protect off-shore rigs and energy platforms.
Leonardo S.p.A. (Italy) fourth in the surveillance radars market. The company has an extensive product portfolio, covering airborne, ground-based, and shipborne surveillance radars. The company offers air-to-ground and air-to-air surveillance radars. Leonardo S.p.A uses the doppler technology in its radars to track moving targets with precision. Its radars have in-built electronic warfare countermeasures. The company had a 4.3% growth in sales in 2018. In March 2019 Leonardo secured a multi-million-dollar contract from the Canadian Armed Forces for the supply of its Active Electronically Scanned Array (AESA) Pico SAR Ground Moving Target Indication/Synthetic Aperture Radars (GMTI/SARs) for new Intelligence, Surveillance, Target Acquisition, and Reconnaissance (ISTAR) drones.
Hensoldt (Germany) secures the fifth position in the market. It is one of the largest manufacturers of surveillance radars across the globe. The company has a strong global distribution network, and a broad product portfolio with varied applications. Its surveillance and tracking radars have a detection range of over 200 km. Its intuitive radar systems are capable of detecting, classifying, and tracking movements of small, low flying objects. The company has multi-mode surveillance and multi-function radars, which are advanced and serve dual purposes. It offers bands in the C, X, and S frequencies. Hensoldt uses surveillance radars with the digital doppler detection technology, which enhance its surveillance radar capabilities. In February 2019, Hensoldt secured a contract worth USD 97.2 million from the German Navy for the supply of 7 TRS-4D radars and 7 Identification, Friend or Foe (IFF) systems.
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
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