The Global Surveillance Radar Market size is projected to grow from USD 8.0 billion in 2020 to USD 11.5 billion by 2025, at a CAGR of 7.6% from 2020 to 2025. The Surveillance Radar Industry is driven by various factors, such as the advancement in border surveillance systems, ongoing military modernizations, demand for border surveillance, and the need for advanced air defense systems among others.
Key Market Players:
The Surveillance Radar market includes major players Raytheon Technologies Corporation (US), Lockheed Martin Corporation (US), Hensoldt (Germany), Israel Aerospace Industries Ltd. (Israel), and Leonardo S.p.A (Italy).
Download PDF Brochure @
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=35330984
Digital Signal Processors segment is expected to witness the largest market share during the forecast period.
The surveillance radar market has been segmented based on component into antenna, transmitter, power amplifier, duplexer, receiver, display, digital signal processor, and stabilization system. Antennas are classified into parabolic, slotted waveguide, and scanned array, whereas transmitters are classified into microwave tube-based transmitter and solid-state. By Component, Digital Signal Processors is expected to have the largest market share during the forecasted period. Digital signal processor acts as a computer, which performs all the command-and-control operations by performing signal processing. Earlier, systems used analog signal processing techniques. The new digital signal processing uses high-end processors, such as Field Programmable Gated Array (FPGA), Graphics Processing Unit (GPU), and general-purpose processors.
3D segment is expected to witness the largest market share during the forecast period.
The 3D is estimated to be the largest and fastest-growing segment in the Surveillance Radar market. T3D surveillance radars overcome the challenges faced by 2D radars. 3D radars use active electronically scanned arrays, with digital beamforming capabilities. These radars are critical for air defense, and for applications which require precise coordinates of a target to be gathered. Some 3D radars use stacked beams for surveillance. Digital beamforming technique has enabled 3D surveillance radars to become more advanced.
By Antenna segment, active scanned array antennas subsegment is projected to lead the antennas segment of the surveillance radars market.
Antennas are divided into parabolic, slotted waveguide, planer phased array, and scanned array. Scanned array antennas can be further divided into active and passive. The active scanned array antennas subsegment is projected to lead the antennas segment of the surveillance radars market from 2020 to 2025. This growth can be attributed to the rising demand for active scanned–array radars for border security.
The Ku-band segment is projected to witness a higher CAGR during the forecast period.
Based on the frequency band, the Ku-band segment is projected to grow at the highest CAGR during the forecast period. Ka-bands provide a wide beam coverage and a higher throughput in comparison with lower bands. They suffer from rain fading, due to the absorption of electromagnetic waves by the rain. Blighter Surveillance Systems (UK) offers the Revolution 360 Radar, which uses Ku-band for the detection of targets. It operates in a fast-scan mode to achieve a full 360° coverage in 20 seconds.
In 2018, the US Army awarded a contract to the Raytheon Group for the development of a multi-mission radar system (KuFRS) based on Ku-band frequency. This radar system is capable of delivering precision firepower along with many other functions, including early detection of various threats.
The North America market is projected to witness the highest market share from 2020 to 2025.
The North America region of the Surveillance Radar market has the highest market share during the forecast period. The surveillance radars market in the North American region is expected to witness substantial growth during the forecast period due to the ongoing modernizations of aircraft, ships, border surveillance systems, among others. According to an article published in by The Intercept on 25th August 2019, the US Customs and Border Patrol (CBP) are planning to install 10 surveillance towers across the Arizona border under a USD 26 million contract with Elbit Systems (Israel). Cross-border conflicts, high illegal immigration rates, and drug trafficking have led to the US Homeland Security investing heavily in border security and detection systems. The US Customs and Border Protection has started installing surveillance towers across the Texas border.
Ask for Sample Report @
https://www.marketsandmarkets.com/requestsampleNew.asp?id=35330984
About MarketsandMarkets™
MarketsandMarkets™ has been recognized as one of America’s best management consulting firms by Forbes, as per their recent report.
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Comments
Post a Comment