The Commercial Radars Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2011-2022) and extends its insights into a ten-year forecast period (2024-2033).
Learn More On The Commercial Radars Market:
https://www.thebusinessresearchcompany.com/report/commercial-radars-global-market-report
According to The Business Research Company’s Commercial Radars Global Market Report 2024, The commercial radars market size has grown strongly in recent years. It will grow from $5.81 billion in 2023 to $6.11 billion in 2024 at a compound annual growth rate (CAGR) of 5.2%. The growth in the historic period can be attributed to military and defense applications, aviation and air traffic control, maritime and ship navigation, weather forecasting, security and surveillance.
The commercial radars market size is expected to see strong growth in the next few years. It will grow to $7.63 billion in 2028 at a compound annual growth rate (CAGR) of 5.7%. The growth in the forecast period can be attributed to autonomous vehicles, 5g network expansion, environmental monitoring, space debris tracking, drone and uav traffic management. Major trends in the forecast period include phased array radars, radar fusion, compact and solid-state radars, ai and machine learning integration, radar as a service (raas).
Increasing demand for drone detection systems (DDS) at airports is expected to drive the growth of the commercial radars market. Drones are dangerous for aircraft as they pose hazardous risks such as physical collision and radio frequency interference, which could lead to losing control over the plane, resulting in a crash. The cancellations, diversions, and delays of flights due to drones near airports pose a huge financial impact. In June 2022, Air Services Australia, an Australia-based government-owned organization, selected Thales as its primary system integrator for an Integrated Drone Surveillance System (IDSS) trial at Sydney Kingsford Smith Airport. ASEAN international airports are also utilising drone detection systems. Thus, the ever-increasing risks posed by drones to the aviation industry are increasing the demand for drone detection systems, which is expected to boost the growth of the commercial radars market.
Get A Free Sample Of The Report (Includes Graphs And Tables):
https://www.thebusinessresearchcompany.com/sample_request?id=3698&type=smp
The commercial radars market covered in this report is segmented –
1) By Type: Commercial Aircraft Radars; Commercial Helicopters Radars; Business Jets Radars; Uav Radars
2) By Technology: Quantum Radar; Conventional Radar; Software Defined Radar (Sdr)
3) By Dimension: 2D; 3D; 4D
4) By Application: Surveillance Radars; Surface Movement Radars; Precision Approach Radars; Weather Radars; Others
Major Players:
The Commercial Radars market report table of contents includes:
1. Executive Summary
2. Commercial Radars Market Characteristics
3. Commercial Radars Market Trends And Strategies
4. Commercial Radars Market – Macro Economic Scenario
5. Global Community Food Services Market Size and Growth
.
.
.
27. Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Related Reports:
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Overview and Scope Feed taste enhancer is a type of additive that is added to…
Overview and Scope Fluid catalytic cracking (FCC) is a type of processing unit used in…
Overview and Scope Fluid catalytic cracking (FCC) is a type of processing unit used in…
Overview and Scope Fast food and quick service restaurant are fast-food outlets where people pay…
Overview and Scope A factory building is a place where products are manufactured and put…
Overview and Scope Finance and accounting (F&A) business process outsourcing (BPO) refers to support provided…