Surveillance radars are used to monitor activities at critical infrastructure and facilities such as airports, camps, borders, and harbors. These radars are employed for national security objectives to detect and track non-linear and non-cooperative objects, as well as moving targets. It is used to improve perimeter security in both the commercial and military sectors. These radar systems can operate on land, marine, air, and space platforms. Surveillance radars are an essential component of border security activities in the defense sector. The S-Band frequency band is used by the vast majority of surveillance radars. These systems are mostly used for searching and targeting.
Surveillance Radars Market Scope and Research Methodology:
The research examines the Surveillance Radars market’s trends, projections, and monetary values in depth. The research examines the segments and sub-segments in various regional Surveillance Radars market places in depth. The paper takes a bottom-up method to understanding market size estimates. The services, revenue, financial state, portfolio, growth plans, and regional presence of key market participants and new entrants are all included in the Surveillance Radars Market research. The study forecasts the Surveillance Radars market’s size and growth rate, as well as current and future trends.
The Surveillance Radars market study goes into detail on demand projections, market trends, and micro and macro factors. It also examines the factors that are driving and restraining the growth of the Surveillance Radars industry. The report includes both qualitative and quantitative methodologies. The Surveillance Radars market is being researched utilizing SWOT, PESTLE, and Porter’s Five Force techniques. The study highlighted significant emerging advancements that are projected to have an impact on Surveillance Radars market demand during the forecast period.
Surveillance Radars Market Report Overview:
The major goal of the SMR’s Surveillance Radars Market study is to assist clients in making business decisions, such as determining which areas require improvement, which are already operating well, and assisting new entrants in landing and penetrating the competition. The research also discusses the obstacles that exist in the Surveillance Radars Market.
Surveillance Radars Market size was valued at US$ 7.94 Bn. in 2020. The global Surveillance Radars Market is estimated to grow at a CAGR of 8.1 % over the forecast period.
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Surveillance Radars Market Segmentation:
Antennas, Transmitters, Duplexers, Digital Signal Processor, Power Amplifiers, Receivers, Signal Processors, Cameras, and Others are the components that make up the Surveillance Radars Market. In 2020, the Digital Signal Processor segment held a 29% market share. By doing signal processing, the digital signal processor functions similarly to a computer, performing all command and control activities. Systems previously relied on analog signal processing. In the most recent digital signal processing, high-end processors such as Field Programmable Gate Array (FPGA), Graphics Processing Unit (GPU), and general-purpose processors are used.
Surveillance Radars Market is classified into three types: short-range surveillance radar, medium-range surveillance radar, and long-range surveillance radar. In 2020, the Short Range Surveillance category held 41% of the market. The increasing use of short-range surveillance radar in commercial and military ground-based applications is driving segment expansion. During the projection period, the Long Range Surveillance sector is expected to increase at a considerable rate of 53.8% CAGR. The increased need for over-the-horizon (OTH) radars, which identify targets from a long distance, is related to the segment’s rise.
Surveillance Radars Market Key Players:
Raytheon Technologies Corporation (US)
Lockheed Martin Corporation (US)
Hensoldt (Germany)
Israel Aerospace Industries Ltd. (Israel)
Leonardo S.p.A (Italy)
Elbit Systems Ltd. (Israel)
FLIR Systems Ltd. (US)
Saab AB (Sweden)
Thales Group (France)
Honeywell International Inc. (US)
BAE Systems (UK)
Terma A/S (Denmark)
Src, Inc. (US)
Reutech Radar Systems (South Africa)
Indra Company (Spain)s
Japan Radio Co. Ltd. (Japan)
Surveillance Radars Market Regional Analysis:
Geographically, Surveillance Radars market report is segmented into several key regions are as follows,
- Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)
- Europe (Turkey, Germany, Russia UK, Italy, France, etc.)
- North America (the United States, Mexico, and Canada.)
- South America (Brazil etc.)
- The Middle East and Africa (GCC Countries and Egypt.)
Key questions answered in the Surveillance Radars Market are:
- What was the Surveillance Radars market size in 2021?
- What is the growth rate of the Surveillance Radars Market?
- Which are the factors expected to drive the Surveillance Radars market growth?
- What are the different segments of the Surveillance Radars Market?
- What are the factors restraining the growth of the Surveillance Radars Market?
- What segments are covered in the Surveillance Radars Market?
- Who are the key players in the Surveillance Radars market?
- What are the upcoming industry applications and trends for the Surveillance Radars Market?
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About Stellar Market Research
Established in 2018, Stellar Market Research is India Based consulting and advisory firm focused on helping clients to reach their business transformation objectives with advisory services and strategic business. The company’s vision is to be an integral part of the client’s business as a strategic knowledge partner. Stellar Market Research provides end-to-end solutions that go beyond key research technologies to help executives in any organization achieve their mission-critical goals. The company has clients from all across the globe, 23 % from India and others from Japan, Korea, Germany, United States, etc. The company uses its extensive industry knowledge, strong network, and know-how to provide complete insights that give clients a competitive advantage.
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