Air Surveillance Radar Market Forecast: Global Market Trends and Analysis from 2024 to 2031 covered in 143 Pages
The "Air Surveillance Radar Market" is focused on controlling cost, and improving efficiency. Moreover, the reports offer both the demand and supply aspects of the market. The Air Surveillance Radar market is expected to grow annually by 8.2% (CAGR 2024 - 2031).
This entire report is of 143 pages.
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Air Surveillance Radar Introduction and its Market Analysis
The global Air Surveillance Radar market is expected to grow significantly due to increasing demand for advanced radar systems for national security and defense purposes. Key players like Lockheed Martin, Thales Group, and Raytheon are driving revenue growth through technological advancements and strategic partnerships. Market analysis shows that companies like Leonardo, Northrop Grumman, and SAAB are also making significant contributions to the market. The report highlights the increasing adoption of radar systems in civilian applications and the growing need for improved surveillance capabilities in border security and coastal monitoring. Recommendations include investing in R&D for enhanced radar technologies and expanding market presence through collaborations and acquisitions.
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The global Air Surveillance Radar market is witnessing significant growth due to the increased demand for advanced defense systems. The market is segmented into Airborne Radars and Ground Based Radars, catering to military and civil applications. Airborne Radars provide real-time surveillance capabilities, while Ground Based Radars offer long-range detection.
Regulatory and legal factors play a crucial role in shaping the market conditions. Governments around the world are implementing stringent regulations to ensure the safe and effective deployment of Air Surveillance Radars. These factors have a direct impact on the market dynamics and influence the procurement decisions of defense agencies and civil aviation authorities.
Overall, the Air Surveillance Radar market is expected to continue growing as the need for enhanced security and monitoring capabilities increases. With advancements in technology and increasing defense budgets, the market is poised for further development in the coming years.
Top Featured Companies Dominating the Global Air Surveillance Radar Market
The global air surveillance radar market is highly competitive, with key players such as Lockheed Martin, Thales Group, Leonardo, Terma, Raytheon, Airbus, CETC, L3Harris, Sperry Marine Northrop Grumman, TOKYO KEIKI, IAI Elta, HENSOLDT, Aselsan, FURUNO, FLIR Systems, Inc, GEM Elettronica, and SAAB dominating the market. These companies offer a range of air surveillance radar systems and solutions for defense and civil applications.
Lockheed Martin is a leading player in the air surveillance radar market, offering advanced radar systems for military and commercial use. Thales Group is another major player, providing radar systems for air traffic control, surveillance, and navigation. Leonardo offers cutting-edge radar technologies for defense applications, while Terma specializes in radar solutions for maritime and aerospace domains.
Raytheon, Airbus, CETC, L3Harris, and Northrop Grumman are also prominent players in the air surveillance radar market, offering a wide range of radar systems for military and civil applications. TOKYO KEIKI, IAI Elta, HENSOLDT, Aselsan, FURUNO, FLIR Systems, Inc, GEM Elettronica, and SAAB are known for their innovative radar technologies and solutions.
These companies help to grow the air surveillance radar market by investing in research and development to develop advanced radar technologies, expanding their product portfolio, and entering into strategic partnerships and collaborations. They also focus on enhancing their market presence through acquisitions and mergers.
In terms of sales revenue, Lockheed Martin reported revenues of $ billion in 2020, while Thales Group reported revenues of €17.03 billion in the same year. Leonardo reported revenues of €13.91 billion in 2020, and Raytheon reported revenues of $31.88 billion. These companies' strong financial performance reflects their significant market presence and influence in the air surveillance radar market.
- Lockheed Martin
- Thales Group
- Leonardo
- Terma
- Raytheon
- Airbus
- CETC
- L3Harris
- Sperry Marine Northrop Grumman
- TOKYO KEIKI
- IAI Elta
- HENSOLDT
- Aselsan
- FURUNO
- FLIR Systems, Inc
- GEM Elettronica
- SAAB
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Air Surveillance Radar Market Analysis, by Type:
- Airborne Radars
- Ground Based Radars
Air surveillance radars can be classified into two main categories: airborne radars and ground-based radars. Airborne radars are mounted on aircraft and are used to detect and track aircraft and other objects in the air. Ground-based radars are stationary systems that are used to monitor and control airspace from the ground. Both types of radars play a crucial role in enhancing situational awareness and ensuring the safety and security of the airspace. The increasing demand for air surveillance radars is being driven by the growth in commercial aviation, military modernization programs, and the need to counter emerging threats in the airspace.
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Air Surveillance Radar Market Analysis, by Application:
- Military
- Civil
Air Surveillance Radar is used in military and civil applications for monitoring and tracking aircraft to ensure safety and security. In military use, radar helps detect and track potential threats, such as enemy aircraft or missiles. In civil use, radar is used for air traffic control to manage flights and prevent collisions. The fastest growing application segment in terms of revenue is the civil sector, as the demand for air travel continues to rise globally, leading to increased investments in airport infrastructure and air traffic management systems. This includes radar technology for improved safety and efficiency in air traffic control.
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Air Surveillance Radar Industry Growth Analysis, by Geography:
North America:
- United States
- Canada
Europe:
- Germany
- France
- U.K.
- Italy
- Russia
Asia-Pacific:
- China
- Japan
- South Korea
- India
- Australia
- China Taiwan
- Indonesia
- Thailand
- Malaysia
Latin America:
- Mexico
- Brazil
- Argentina Korea
- Colombia
Middle East & Africa:
- Turkey
- Saudi
- Arabia
- UAE
- Korea
The air surveillance radar market is expected to witness significant growth in regions such as North America (United States, Canada), Europe (Germany, France, ., Italy, Russia), Asia-Pacific (China, Japan, South Korea, India, Australia, Indonesia, Thailand, Malaysia), Latin America (Mexico, Brazil, Argentina, Colombia), and Middle East & Africa (Turkey, Saudi Arabia, UAE, Korea). Among these regions, North America and Europe are expected to dominate the market with a combined market share of over 40%. Asia-Pacific is also anticipated to exhibit rapid growth and increase its market share to around 30% in the forecast period.
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