Industry

X-Band Radar Market Size, Key Drivers, Analysis 2023-2033

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Overview and Scope

An X-band radar refers to a tool or system that generates radio waves, analyses those waves’ reflections for display, and is especially useful for finding and identifying things or surface characteristics at frequencies between 8 and 12 GHz and a wavelength between 2.5 and 4 cm. The X-band radar is used to detect tiny particles due to its shorter wavelength.

 Sizing and Forecast

The x-band radar market size has grown steadily in recent years. It will grow from $5.86  billion in 2023 to $6.06  billion in 2024 at a compound annual growth rate (CAGR) of 3.4%.  The  growth in the historic period can be attributed to military modernization programs, threat perception and security concerns, increased naval and maritime applications, weather monitoring and forecasting, aviation safety, coastal surveillance..

The x-band radar market size is expected to see steady growth in the next few years. It will grow to $7.06  billion in 2028 at a compound annual growth rate (CAGR) of 3.9%.  The growth in the forecast period can be attributed to increasing demand for unmanned systems, space exploration and satellite communication, commercial aviation upgrades, environmental monitoring and disaster response, advancements in material science, focus on cybersecurity.. Major trends in the forecast period include advancements in technology, dual-use applications, phased array radar systems, gallium nitride (gan) technology, compact and mobile radar systems, integration of artificial intelligence (ai), digital radar systems, international collaborations..

 To access more details regarding this report, visit the link:
https://www.thebusinessresearchcompany.com/report/x-band-radar-global-market-report

Segmentation & Regional Insights

The x-band radar market covered in this report is segmented –

1) By Type: Mobile X-Band Radar, Sea-Based X-Band Rada

2) By Array: Active Electronically Scanned Array (AESA), Passive Electronically Scanned Array (PESA)

3) By Platform: Airborne, Terrestrial, Naval

4) By Application: Defense, Government, Commercial

Asia-Pacific was the largest region in the X-band radar market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the x-band 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 demand for security systems is driving the X-band radar market. Security systems refer to several techniques or equipment intended to protect people and property against a wide range of dangers. The border security system offers administration of border-patrol missions, real-time surveillance, early warning, and targeting, further enhancing land and maritime security, regional control, and border protection. The X-band radar is one of the security equipment used for detecting objects and helps in surveillance. For instance, according to the 2022 Global Terrorism Index (GTI), the number of terrorist attacks around the world increased to 5,226 in 2021. Thus, the growing demand for security systems will increase the demand for X-band radar.

 Key Industry Players

Major companies operating in the x-band radar market report are Japan Radio Company Limited, Furuno Electric Co. Ltd., Terma A/S, Northrop Grumman Corporation, Saab AB Group, Israel Aerospace Industries Ltd., Thales Group, Leonardo S.p.A., Hensoldt AG, Reutech Radar Systems, Vaisala Oyj, Indra Sistemas S.A., Prosensing Inc., Raytheon Technologies Corporation, Kelvin Hughes Limited, Lockheed Martin Corporation, Mitsubishi Electric Corporation, Selex ES Inc., Telephonics Corporation, Harris Corporation, BAE Systems plc, ASELSAN A.Ş., ELTA Systems Ltd., Bharat Electronics Limited, RADA Electronic Industries Ltd., SRC Inc., Cobham plc, Echodyne Corporation, Cambridge Pixel Ltd., Blighter Surveillance Systems Ltd., DeTect Inc., Exelis Inc., GEM elettronica srl

The x-band radar market report table of contents includes:

1. Executive Summary
2. X-Band Radar Market Characteristics
3. X-Band Radar Market Trends And Strategies
4. X-Band Radar Market – Macro Economic Scenario
5. Global X-Band Radar Market Size and Growth
..
31. Global X-Band Radar Market Competitive Benchmarking
32. Global X-Band Radar Market Competitive Dashboard
33. Key Mergers And Acquisitions In The X-Band Radar Market
34.X-Band Radar Market Future Outlook and Potential Analysis
35. Appendix

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