Radio detection and ranging (RADAR) is a system that tracks objects using radio waves to determine the spread, angle, and speed of an object falling within its radius. It is used to find and locate the exact position of moving objects such as airplane, missiles, rockets, space ship, and other rapidly moving objects. In current time, the RADARs are being used in several applications, which include detection system in air force, astronomy, air traffic control, and for forecasting weather.
The emergence of new and advanced RADAR systems, which are indifferent to all the atmospheric noise and can extract information even in the most adverse conditions fuels the market growth. RADAR also helps in security of country from external threats by identifying any flying object inside country’s territory and notifies this to the control room. Key factors that are driving the demand in the RADAR market include, increase in defense budget of most of the countries across the globe and increase in demand for RADAR systems across several industry verticals. However, the adverse climate conditions, which cause the RADAR to malfunction restraining the market growth.
The global RADAR market is segmented on the basis of types and geography. The types segment is further bifurcated into, naval, airborne, ground-based, and space-based. The market is analyzed across four geographical regions, namely, North America, Europe, Asia-pacific, and LAMEA.
The key players profiled in report are Northrop Gruman Corporation, Lockheed Martin Corporation, Saab Ab, Rockwell Collins Inc., Thales Group, Kelvin Hughes, L-3 Communications Holdings, General Dynamics Corporation, Dassault Group, Src Inc., Honeywell International Inc., Leonardo-Finmeccanica-Corporation, Harris Corporation and Others.
Potential benefits for stakeholders
- This report provides an in-depth analysis of the global RADAR market, along with current trends and future estimations to identify lucrative investment opportunities.
- It identifies the key drivers, opportunities, and restraints that shape the market, along with their impact analysis.
- Porter’s five forces analysis highlights the potency of buyers and suppliers that participate in this market to facilitate better business decisions for stakeholders and strengthen their supplier and buyer networks.
- Market estimation of geographical regions is based on the current market scenario and future trends.
Market Key Segmentation
The Market is Segmented Based On Type and Geography.
- North America
- Rest Of Europe
- South Korea
- Rest Of Asia-Pacific
- Latin America
- Middle East
Chapter 1 Introduction
1.1 Report Description
1.2 Research Methodology
1.2.1 Secondary Research
1.2.2 Primary Research
1.2.3 Analyst Tools And Models
Chapter 2 Executive Summary
2.2 Market Snapshot
2.3 CXO Perspective
Chapter 3 Market Overview
3.1 Market Definition And Scope
3.2 Key Findings
3.2.1 Top Impacting Factor
3.2.2 Top Winning Strategies
3.2.3 Top Investment Pockets
3.3 Porters Five Forces Analysis
3.3.1 Moderate Bargaining Power Of Suppliers Due To Large Number Of Suppliers, Backward Integration And High Switching Cost
3.3.2 Moderate Bargaining Power Of Buyer, Less Availability Of Substitutes And Large Number Of Players That Provide Quality Product
3.3.3 Less Availability Of Substitutes And Rise In Numbers Of Wind Turbines Can Be A Threat To Radar Market
3.3.4 Moderate Threat Of New Entrants Due To Presence Of Dominant Players, High Initial Investment And Moderate Government Regulations
3.3.5 Presence Of Numerous Players, High Brand Loyalty, High Switching Cost
3.4.1 High Defense Budget Due To Increase In Security Related Issues
3.4.2 Increasing Demand For Radar Systems In Cars, Ships And Aircrafts
3.5.1 Adverse Climatic Condition
3.5.2 Rise In Numbers Of Wind Turbines
3.6.1 New Radar Technology
Chapter 4 Radar Market By Type
4.2 Ground-Based Radar
4.2.1 Key Market Trends
4.2.2 Key Growth Factors And Opportunities
4.2.3 Market Size And Forecast
4.2.4 North America Ground-Based Radar Market, ($Million), Growth (%) 2014-2022
4.2.5 Europe Ground-Based Radar Market, ($Million), Growth (%) 2014-2022
4.2.6 Asia-Pacific Ground-Based Radar Market, ($Million), Growth (%) 2014-2022
4.2.7 Lamea Ground-Based Radar Market, ($Million), Growth (%) 2014-2022
4.3 Naval Radar
4.3.1 Key Market Trends
4.3.2 Key Growth Factors And Opportunities
4.3.3 Market Size And Forecast
4.3.4 North America Naval Radar Market, ($Million), Growth (%) 2014-2022
4.3.5 Europe Naval Radar Market, ($Million), Growth (%) 2014-2022
4.3.6 Asia-Pacific Naval Radar Market, ($Million), Growth (%) 2014-2022
4.3.7 Lamea Naval Radar Market, ($Million), Growth (%) 2014-2022
4.4 Airborne Radar
4.4.1 Key Market Trends
4.4.2 Key Growth Factors And Opportunities
4.4.3 Market Size And Forecast
4.4.4 North America Airborne Radar Market, ($Million), Growth (%) 2014-2022
4.4.5 Europe Airborne Radar Market, ($Million), Growth (%) 2014-2022
4.4.6 Asia-Pacific Airborne Radar Market, ($Million), Growth (%) 2014-2022
4.4.7 Lamea Airborne Radar Market, ($Million), Growth (%) 2014-2022
4.5 Space-Based Radar
4.5.1 Key Market Trends
4.5.2 Key Growth Factors And Opportunities
4.5.3 Market Size And Forecast
4.5.4 North America Space-Based Radar Market, ($Million), Growth (%) 2014-2022
4.5.5 Europe Space-Based Radar Market, ($Million), Growth (%) 2014-2022
4.5.6 Asia-Pacific Space-Based Radar Market, ($Million), Growth (%) 2014-2022
4.5.7 Lamea Space-Based Radar Market, ($Million), Growth (%) 2014-2022
Chapter 5 Radar Market By Geography
5.2 North America
5.2.1 Key Market Trends
5.2.2 Key Growth Factors And Opportunities
5.2.3 Market Size And Forecast
5.2.4 U.S. Radar Market, ($Million), Growth (%) 2014-2022
5.2.5 Canada Radar Market, ($Million), Growth (%) 2014-2022
5.2.6 Mexico Radar Market, ($Million), Growth (%) 2014-2022
5.3.1 Key Market Trends
5.3.2 Key Growth Factors And Opportunities
5.3.3 Market Size And Forecast
5.3.4 Uk Radar Market, ($Million), Growth (%) 2014-2022
5.3.5 Russia Radar Market, ($Million), Growth (%) 2014-2022
5.3.6 France Radar Market, ($Million), Growth (%) 2014-2022
5.3.7 Italy Radar Market, ($Million), Growth (%) 2014-2022
5.3.8 Germany Radar Market, ($Million), Growth (%) 2014-2022
5.3.9 Rest Of Europe Radar Market, ($Million), Growth (%) 2014-2022
5.4.1 Key Market Trends
5.4.2 Key Growth Factors And Opportunities
5.4.3 Market Size And Forecast
5.4.4 China Radar Market, ($Million), Growth (%) 2014-2022
5.4.5 India Radar Market, ($Million), Growth (%) 2014-2022
5.4.6 Australia Radar Market, ($Million), Growth (%) 2014-2022
5.4.7 Japan Radar Market, ($Million), Growth (%) 2014-2022
5.4.8 South Korea Radar Market, ($Million), Growth (%) 2014-2022
5.4.9 Rest Of Asia-Pacific Radar Market, ($Million), Growth (%) 2014-2022
5.5.1 Key Market Trends
5.5.2 Key Growth Factors And Opportunities
5.5.3 Market Size And Forecast
5.5.4 Latin America Radar Market, ($Million), Growth (%) 2014-2022
5.5.5 Middle East Radar Market, ($Million), Growth (%) 2014-2022
5.5.6 Africa Radar Market, ($Million), Growth (%) 2014-2022
Chapter 6 Company Profile
6.1. Northrop Gruman Corporation
6.1.1. Company Overview
6.1.2. Operating Business Segments
6.1.3. Business Performance
6.1.4. Key Strategic Moves And Developments
6.2. Lockheed Martin Corporation
6.2.1. Company Overview
6.2.2. Operating Business Segments
6.2.3. Business Performance
6.2.4. Key Strategic Moves And Developments
6.3. Saab Ab
6.3.1. Company Overview
6.3.2. Operating Business Segments
6.3.3. Business Performance
6.3.4. Key Strategic Moves And Developments
6.4. Rockwell Collins Inc.
6.4.1. Company Overview
6.4.2. Operating Business Segments
6.4.3. Business Performance
6.4.4. Key Strategic Moves And Developments
6.5. Thales Group
6.5.1. Company Overview
6.5.2. Operating Business Segments
6.5.3. Business Performance
6.5.4. Key Strategic Moves And Developments
6.6. Kelvin Hughes
6.6.1. Company Overview
6.6.2. Operating Business Segments
6.6.3. Business Performance
6.6.4. Key Strategic Moves And Developments
6.7. L-3 Communications Holdings
6.7.1. Company Overview
6.7.2. Operating Business Segments
6.7.3. Business Performance
6.7.4. Key Strategic Moves And Developments
6.8. General Dynamics Corporation
6.8.1. Company Overview
6.8.2. Operating Business Segments
6.8.3. Business Performance
6.8.4. Key Strategic Moves And Developments
6.9. Dassault Group
6.9.1. Company Overview
6.9.2. Operating Business Segments
6.9.3. Business Performance
6.9.4. Key Strategic Moves And Developments
6.10. Src Inc.
6.10.1. Company Overview
6.10.2. Operating Business Segments
6.10.3. Business Performance
6.10.4. Key Strategic Moves And Developments
According to a new report titled, RADAR Market by Type: Global Opportunity Analysis and Industry Forecast, 2014-2022, projects that the RADAR market is expected to reach $10.4 billion by 2022, growing at a CAGR of 3.9% during the forecast period. In 2015, North America dominated with over 32% share of the overall market, and is anticipated to continue this trend during the forecast period.
RADAR detects the direction, presence, speed, and distance of moving objects such as aircraft, ships, and other objects in real time, by reading the reflected back pulses of radio waves. The accuracy of the measurement of target location in range and angle is also another major aspect which is fueling the demand for RADAR system.
Based on type, ground-based RADAR captured the largest share in the market in 2015. This type of system is an X-band phased array RADAR system operated mechanically. It functions primarily as a fire control RADAR for ballistic missile defense. The RADAR is used for surveillance using sensors and designed to acquire, track, discriminate targets, and provide information about the enemy during war. Ground-based RADAR system stood over 30% share of the total RADAR system overall followed by other types.
Based on geography, North America contributed the largest share in overall RADAR market, followed by Asia-Pacific, Europe, and LAMEA. The LAMEA market is anticipated to grow at highest rate.
Key Findings of the RADAR Market
- Airborne RADAR had the second largest share in the market in 2015, with over 29% of market share, and it is further expected to expand with a high growth rate in the coming years.
- Space-based RADAR is anticipated to exhibit the highest growth rate.
- North America dominated the market in 2015, supported by growth in the U.S. and Mexico.
- Asia-Pacific is anticipated to be one of the fastest growing region and the growth is supported by the increased demand in countries such as China, Japan, and India.
- The key players of the global RADAR market adopt new concepts & ideas, partnerships, and acquisitions. They plan to improve the manufacturing techniques, besides enhancing their profitability, to gain a competitive edge over other players.
The major players profiled in the report include Northrop Gruman Corporation, Lockheed Martin Corporation, SAAB AB, Rockwell Collins Inc., Thales Group, Kelvin Hughes, L-3 Communications Holdings, General Dynamics Corporation, Dassault Group, SRC Inc., Honeywell International Inc., Leonardo-Finmeccanica-Corporation, Harris Corporation, and others.
- Northrop Gruman Corporation
- Lockheed Martin Corporation
- Saab Ab
- Rockwell Collins Inc.
- Thales Group
- Kelvin Hughes
- L-3 Communications Holdings
- General Dynamics Corporation
- Dassault Group
- Src Inc.
- Honeywell International Inc.
- Harris Corporation
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
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- Regional government and statistical databases for macro analysis
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