High advancements in recent years in radar technologies has resulted in more flexibility of the tools as well as the development of active electronically scanned array (AESA) in the airborne fire control radar systems. International events impact the growth of the market; therefore, the increasing possibility of future conflicts would require rapid deployment of equipment to the battlefield. Countries have started to invest heavily in the defense sector, which fuels the market growth. However, the rise in cyber warfare and incapability of radar in detecting stealth technologies may impede this growth.
The world airborne fire control radar market is segmented on the basis of its frequency band and geography. By frequency band, it is divided into S-band, X-band, and Ku/K/Ka-band. Further,
BY GEOGRAPHY, it is categorized into North America (U.S. and Canada), Europe (UK, France, Germany, Russia, and rest of Europe), Asia-Pacific (India, China, Japan, South Korea, and rest of Asia-Pacific), and LAMEA (Saudi Arabia, Israel, and Brazil).
The key companies profiled in this report are Thales Group, BAE Systems, Lockheed Martin Corp., Northrop Grumman, and Raytheon Company.
The study provides an in-depth analysis of the airborne fire control radar market along with current trends and future estimations, and dynamics to elucidate the imminent investment pockets.
The report presents information regarding key drivers, restraints, and opportunities along with their impact analysis.
Porter’s five forces analytical model illustrates the competitiveness of the market by analyzing various parameters such as threat of new entrants, threat of substitutes, strength of the buyers, and strength of the suppliers operating in the market.
Value chain analysis signifies the key intermediaries involved and elaborates their roles and value additions at every stage.
The quantitative analysis of the market from 2014 to 2022 is provided to elaborate the market potential.
Key market segments:
The market is segmented based on frequency band and geography.
By Frequency Band
Rest of Europe
Rest of Asia-Pacific
Rest of LAMEA
1.1 Report description
1.2 Key benefits for stakeholders
1.3 Key market segments
1.4 Research methodology
1.4.1 Secondary research
1.4.2 Primary research
1.4.3 Analyst tools and models
CHAPTER 2 EXECUTIVE SUMMARY
2.1 Market snapshot
CHAPTER 3 MARKET OVERVIEW
3.1 Market definition and scope
3.2 Key findings
3.2.1 Top impacting factor
3.2.2 Top investment pockets
3.2.3 Top winning strategies
3.3 Porters five forces analysis
3.3.1 Moderate bargaining power of supplier due to limited providers of quality equipment
3.3.2 Moderate bargaining power of buyer due to availability of latest technologically advanced equipment from different top companies at competitive price
3.3.3 Low threats of substitute due to similar and only viable equipment being used all over the world
3.3.4 Moderate threat of new entrants due to presence of big players and strict regulation on quality and technology of the equipment
3.3.5 High competition among rivals due to limited top companies competing for the survival in the market
3.4 Market share analysis
3.5.1 Transition towards AESA based systems
3.5.2 Growing security concern due to territorial conflicts
3.5.3 Rising investments in military
3.5.4 Rise in research and development activities
3.6.1 Growing cyber warfare
3.6.2 Incapability of radars in detecting stealth technologies
3.7.1 Increasing usage in commercial application
CHAPTER 4 WORLD AIRBORNE FIRE CONTROL RADAR MARKET, BY FREQUENCY BAND
4.2.1 Key market trends
4.2.2 Key growth factors and opportunities
4.2.3 Market size and forecast
4.3.1 Key market trends
4.3.2 Key growth factors and opportunities
4.3.3 Market size and forecast
4.4.1 Key market trends
4.4.2 Market size and forecast
CHAPTER 5 WORLD AIRBORNE FIRE CONTROL RADAR MARKET, BY GEOGRAPHY
5.2 NORTH AMERICA
5.2.1 Key trends
5.2.2 Key growth factors and opportunities
5.2.3 Market size and forecast
5.3.1 Key trends
5.3.2 Key growth factors and opportunities
5.3.3 Market size and forecast
5.3.8 Rest of Europe
5.4.1 Key trends
5.4.2 Key growth factors and opportunities
5.4.3 Market size and forecast
5.4.7 South Korea
5.4.8 Rest of APAC
5.5.1 Key trends
5.5.2 Market size and forecast
5.5.3 Saudi Arabia
5.5.6 Rest of LAMEA
CHAPTER 6 COMPANY PROFILES
6.1 Lockheed Martin Corporation
6.1.1 Company overview
6.1.2 Operating business segments
6.1.3 Business performance
6.1.4 Key strategic moves & developments
6.2 BAE Systems PLC
6.2.1 Company overview
6.2.2 Operating business segments
6.2.3 Business performance
6.2.4 Key strategic moves & developments
6.3 Raytheon Company
6.3.1 Company overview
6.3.2 Operating business segments
6.3.3 Business performance
6.3.4 Key strategic moves & developments
6.4 Northrop Grumman
6.4.1 Company overview
6.4.2 Operating business segments
6.4.3 Business performance
6.4.4 Key strategic moves & developments
6.5 Thales Group
6.5.1 Company overview
6.5.2 Company snapshot
6.5.3 Business performance
6.5.4 Strategic moves and developments
6.6 Airbus Group
6.6.1 Company overview
6.6.2 Operating business segments
6.6.3 Business performance
6.6.4 Key strategic moves & developments
6.7 General Dynamics Corporation
6.7.1 Company overview
6.7.2 Operating business segments
6.7.3 Business performance
6.7.4 Key strategic moves & developments
6.8.1 Company overview
6.8.2 Operating business segments
6.8.3 Business performance
6.8.4 Key strategic moves & developments
6.9 Saab AB
6.9.1 Company overview
6.9.2 Operating business segments
6.9.3 Business performance
6.9.4 Key strategic moves & developments
6.10 Israel Aerospace Industries Ltd.
6.10.1 Company overview
6.10.2 Operating business segments
6.10.3 Business performance
6.10.4 Key strategic moves & developments
Over the years, the demand for air and missile radar systems has increased significantly, owing to adoption of active electronically scanned array (AESA)-based systems, rise in concern for border security, automation of defense and surveillance radar systems, increase in military spending in various developing countries and others.
Radar has been extensively used by the defense industry after the Second World War and is now among the crucial component in military communications. High number of advancements in the recent years in radar technologies has given rise to increased flexibility of the tools. This has also resulted in the development of AESA in the airborne fire control radar systems. These types of phased array radar systems are much more precise, making it easier for airborne fire control radar in easy tracking of the target.
Furthermore, territorial conflicts in Asia-Pacific and Middle East & Africa pose a major challenge in todays environment. The cause for such conflicts includes a mix of political and economic interests, normative reasons, and struggle over scarce natural resources. It has been seen in the past that territorial conflicts were the leading cause of war, especially if two countries disagreed over specific parts of territory. Due to this, the countries have secured their borders with effective technologies through air, water, and land; this increase in security concerns gives rise to the demand for airborne fire control radar systems worldwide.
In terms of frequency band, S-band accounted for the maximum revenue share during the forecast period. In addition, X-band airborne fire control radar is expected to grow at the fastest rate.
North America accounted for majority of the global market share in 2015, and is expected to maintain its dominance during the forecast period.
Key Findings of the Airborne Fire Control Radar Market:
In the year 2015, S band segment dominated the overall airborne fire control radar market in terms of revenue, and is projected to grow at a CAGR of 3.3%.
North America generated the highest revenue among all regions in 2015.
Asia-Pacific is the fastest growing region with India, China, and Japan as the leading countries for airborne fire control radar market.
U.S. and China accounted for the majority of the share, in terms of revenue, responsible for nearly 50% of the total market.
Lockheed Martin Corporation, Northrop Grumman Corporation, Raytheon Company, SAAB Group, Thales Group, and Airbus Group are leading players in global airborne fire control radar market. They have adopted various strategies such as contracts & agreements, new product launches, expansion, and partnerships to sustain in the market.