Global Surveillance Radar Market to Reach $13.9 Billion by 2030
The global market for Surveillance Radar estimated at US$8.1 Billion in the year 2022, is projected to reach a revised size of US$13.9 Billion by 2030, growing at a CAGR of 6.9% over the analysis period 2022-2030. Long Range, one of the segments analyzed in the report, is projected to record 8.1% CAGR and reach US$7.2 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Medium Range segment is readjusted to a revised 4.6% CAGR for the next 8-year period.The U.S. Market is Estimated at $2.4 Billion, While China is Forecast to Grow at 6.4% CAGR
The Surveillance Radar market in the U.S. is estimated at US$2.4 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$2.4 Billion by the year 2030 trailing a CAGR of 6.4% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.3% and 5.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5.1% CAGR.Select Competitors (Total 44 Featured) -
- Cobham PLC
- DeTect, Inc.
- Effigis Geo Solutions
- HENSOLDT
- Honeywell International, Inc.
- Israel Aerospace Industries Ltd.
- Northrop Grumman Corporation
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Cobham PLC
- DeTect, Inc.
- Effigis Geo Solutions
- HENSOLDT
- Honeywell International, Inc.
- Israel Aerospace Industries Ltd.
- Northrop Grumman Corporation
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 193 |
Published | April 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 8.1 Billion |
Forecasted Market Value ( USD | $ 13.9 Billion |
Compound Annual Growth Rate | 7.0% |
Regions Covered | Global |