Overview and Scope
Airborne fire control radars (FCRs) on fast-strike aircraft are the quintessential pulse Doppler radars. They are used to provide target information inputs to a weapon fire control system.
Sizing and Forecast
The airborne fire control radar market size has grown strongly in recent years. It will grow from $2.75 billion in 2023 to $2.94 billion in 2024 at a compound annual growth rate (CAGR) of 6.7%. The growth in the historic period can be attributed to military modernization programs, threat evolution, cold war era developments, integration with fighter aircraft, multi-functionality requirements, global conflicts and counterterrorism operations..
The airborne fire control radar market size is expected to see strong growth in the next few years. It will grow to $3.78 billion in 2028 at a compound annual growth rate (CAGR) of 6.5%. The growth in the forecast period can be attributed to rapid advancements in radar electronics, integration with network-centric warfare, emphasis on beyond visual range engagement, demand for lightweight and compact systems, development of passive and covert systems, global expansion of airborne surveillance.. Major trends in the forecast period include advancements in active electronically scanned array (aesa) technology, implementation of gallium nitride (gan) technology, increased focus on software-defined radars, incorporation of artificial intelligence (ai)..
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Segmentation & Regional Insights
The airborne fire control radar market covered in this report is segmented –
1) By Frequency Band: L and S-Band, X-Band, Ku or K or Ka-Band
2) By Platform: Fighter Jets, Combat Helicopters, Other Platforms
3) By Application: Air To Ground, Air To Sea, Ait To Air
North America was the largest region in the airborne fire control radar market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the airborne fire control radar market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
The growing military expenditure is expected to propel the growth of the airborne fire control radar market going forward. Military expenditure refers to money spent by a government to provide its military with weapons, equipment, and soldiers. In the military, airborne fire control radars are used to find and follow interesting targets, such as threats from manned and unmanned aircraft, vehicles, people, and rocket, artillery, and mortar systems (RAM), and deliver accurate target localization, including altitude and velocity of threats that are aerial and ground-based. For instance, according to the Stockholm International Peace Research Institute, a Sweden-based international institute that provides data, analysis, and recommendations for armed conflict, military expenditure, and arms trade, global military expenditure increased by 0.7 percent in real terms in 2021 to reach $2113 billion. The five largest spenders in 2021 were the United States, China, India, the United Kingdom, and Russia, together accounting for 62% of expenditure. Therefore, growing military expenditure is driving demand for the automotive silicone market.
Key Industry Players
Major companies operating in the airborne fire control radar market report are Bharat Electronics Limited, Hensoldt AG, Israel Aerospace Industries Ltd., Leonardo S.p.A., Lockheed Martin Corporation, BAE Systems plc, Northrop Grumman Corporation, Raytheon Technologies Corporation, Saab AB, Thales Group, General Dynamics Corporation, Airbus SE, ASELSAN A.S., Honeywell International Inc., Lufthansa Systems, NEC Corporation, ADB Airfield Solutions LLC, Advanced Navigation & Positioning Corporation, Systems Interface Limited, L3Harris Technologies Inc., Lehmann & Voss & Co. KG, AGC Chemicals Americas, ELTA Systems Ltd., BASF, Celanese, RTP Company, Quadrant Group, A. Schulman Inc., Airport Lighting Company, API Technologies
The airborne fire control radar market report table of contents includes:
1. Executive Summary
2. Market Characteristics
3. Market Trends And Strategies
4. Impact Of COVID-19
5. Market Size And Growth
6. Segmentation
7. Regional And Country Analysis
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27. Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
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