English Extended Distribution Financial Content iCN Internal Distribution Press Release Reportedtimes Research Newswire

Surveillance Radar Market is Predicted to Expand at a Promising CAGR of 6.1% during the forecast period 2022-2029 | Size, Share & Analysis

Surveillance Radar Market is estimated to expand at a CAGR of 6.1% over the forecast period (2022-2029).

Request For a FREE Sample Report on Surveillance Radar Market

Main Surveillance Radar Market Drivers

Surveillance radar market is majorly driven by surge in the demand for lightweight radars for lightweight vehicles, advancements in border surveillance systems and growing geopolitical tensions between countries. Technological advancements in border surveillance systems, has helped many countries to handle issues such as drug trafficking and illegal immigration and nowadays, countries are increasingly using these systems to protect their borders. For instance, U.S customs and border protection agency uses autonomous surveillance towers to provide important information to their agents about criminal networks, who try to facilitate illegal cross-border activities in United States. Moreover, due to advancements in warfare tactics, countries are procuring advanced stealth aircrafts. At the same time governments in various countries are developing advanced surveillance systems to counter stealth technology, which will create growth opportunities for surveillance radar market in coming years.

Increasing terrorism threats around the world, is boosting the demand for advanced radars which can eliminate any threats arising from land and air and many companies are already developing such radars. For instance, Lockheed Martin, a leading U.S based defense manufacturer developed TPY-4 radar, which is designed for air defense surveillance, can track emerging threats. Furthermore, increasing focus of governments on strengthening border security and modernizing armed forces and rising procurement of next-generation combat aircrafts, will accelerate surveillance radar market in coming years.  However, regulatory approvals needed for exporting defense products, is restricting the market growth.  

K-, Ku and Ka-Bands segment is expected to expand at a faster CAGR.

Ka-Bands offers comparatively wider beam coverage and higher throughput than other bands and are increasing used in close-range targeting radars and vehicle speed detection systems, are some of the factors increasing its adoption in surveillance radars. In addition, major companies are already radars with Ku band, for instance, Blighter Surveillance Systems, manufacturer of electronic-scanning radars and surveillance solutions, offers its revolution 360 radars, which uses Ku band for detecting targets.

Based on Component, Signal Processors segment is estimated a hold a significant share in the market.

Signal processors helps in performing command and control operations by using signal processing techniques. Technological advancements in signal processors, has enabled companies to use high-tech processors such as Graphics Processing Units.

3D segment is projected to hold the largest market share.

3D surveillance radars are gaining traction in the market as it can easily overcome challenges faced by 2D based surveillance radars. 3D radars are increasing used in defense and air applications which requires precise coordinates of targets.

North American region is forecast to dominate the market.

Surveillance radars are gaining popularity in North American region due to on-going military modernization drives and growing demand for border surveillance systems. Asia-Pacific surveillance radar market is driven by increasing territorial issues and rise in government expenditure on land-based surveillance systems.

Top Market Players

The major key players in the surveillance radar market include Lockheed Martin Corporation, Israel Aerospace Industries Ltd., Leonardo S.P.A, ASELSAN A.?., Blighter Surveillance Systems Ltd., GEM Elettronica, Hensoldt, Detect Inc., Elbit Systems Ltd., and Harris Corporation, among others.

Key Developments:

  • In November 2022, Lockheed Martin announced that it received contract worth 84.5 million for supplying ground radar systems to Kuwait.
  • In June 2021, Mahindra Telephonics signed a contract to manufacture 111 Airport surveillance radars for Indian coast guard and Indian navy.
  • In September 2020, Indra signed a contract to install air surveillance systems at Athens International Airport Greece.
  • In July 2019, Lockheed Martin announced that it has received a contract worth USD 600 million for developing modern radars for U.S. Navy.

 

Market Segmentation

Global Surveillance Radars Market by Type
• Battlefield Surveillance Radars
• Ground-Based Air Surveillance Radars
• Ground-Based Space Surveillance Radars
• Coastal Surveillance Radars
• Airport Surveillance Radars
• Air-To-Ground Surveillance Radars
• Airborne Maritime Surveillance Radars
• Air-To-Air Surveillance Radars
• Shipborne Surveillance Radars
• Space-Based Synthetic Aperture Radars

Global Surveillance Radars Market by Range
• Long-Range Surveillance Radars
• Medium-Range Surveillance Radars
• Short-Range Surveillance Radars

Global Surveillance Radars Market by Platform

Land
• Fixed Installation
• Portable

Naval
• Ships
• Unmanned Surface Vehicles
• Submarines

Airborne
• Combat Aircraft
• Unmanned Aerial Vehicles (UAV)
• Aerostats/Balloons
Space

Global Surveillance Radars Market by Application

Commercial
• Airspace Monitoring & Surveillance
• Airport Perimeter Security
• Critical Infrastructures
• Others

National Security
• Border Surveillance
• Search & Rescue
• ISR

Defense & Space
• Perimeter Security
• ISR & Battlefield Surveillance
• Military Space Assets & Hostile Satellites
• Air Defense

Global Surveillance Radars Market by Frequency Band
• UHF- & VHF-Bands
• L-Band
• S-Band
• C-Band
• X-Band
• K-, Ku and Ka-Bands

Global Surveillance Radars Market by Component
• Antennas
• Transmitters
• Duplexers
• Power Amplifiers
• Receivers
• Signal Processors
• Cameras
• Others

Global Surveillance Radars Market by Dimension
• 2D
• 3D
• 4D

Global Surveillance Radars Market by Region

• North America Surveillance Radars Market (Option 1: As a part of the free 25% customization)
• By Type
• By Range
• By Platform
• By Application
• By Frequency Band
• By Component
• By Dimension
• United States of America (US) Market All-Up
• Canada Market All-Up

• Europe Surveillance Radars Market (Option 2: As a part of the free 25% customization)
• By Type
• By Range
• By Platform
• By Application
• By Frequency Band
• By Component
• By Dimension
• United Kingdom (UK) Market All-Up
• Germany All-Up Market All-Up
• France Market All-Up
• Spain Market All-Up
• Rest of Europe Market All-Up

• Asia-Pacific Surveillance Radars Market (Option 3: As a part of the free 25% customization)
• By Type
• By Range
• By Platform
• By Application
• By Frequency Band
• By Component
• By Dimension
• China Market All-Up
• India Market All-Up
• Japan Market All-Up
• Rest of APAC Market All-Up

• ROW Surveillance Radars Market (Option 4: As a part of the free 25% customization)
• By Type
• By Range
• By Platform
• By Application
• By Frequency Band
• By Component
• By Dimension
• Brazil Market All-Up
• South Africa Market All-Up
• Saudi Arabia Market All-Up
• UAE Market All-Up
• Rest of world (remaining countries of the LAMEA region) Market All-Up

About GMI Research

GMI Research is a market research and consulting firm which provides market insights and intelligence across 12 major sectors helping our clients in making effective investment and business decisions.

 

Tags:

See Campaign: https://www.gmiresearch.com/report/surveillance-radars-market/

Contact Information:

Contact Information: Media Contact Company Name: GMI RESEARCH Contact Person: Sarah Nash Email: [email protected] Phone: Europe – +353 1 442 8820; US – +1 860 881 2270 Address: Dublin, Ireland Website: https://www.gmiresearch.com/


Tags:
Reportedtimes, Financial Content, iCN Internal Distribution, Extended Distribution, Research Newswire, English