Market Scenario:
According to the research reports by MRFR, the global market for airport surveillance radar is estimated to attain a size of USD 2.50 Billion by 2030, the market is predicted to flourish at a healthy CAGR of over 6% during the assessment era forecast to 2020-2030. The growing demand for situational security and monitoring due to intensifying political situation can favor expansion of the surveillance radar market through the analysis period. The increase in demand for electronic device that aid in the detection of position and velocity of object that is located at a distance, used across transportation and automobile sectors, can support rise of the surveillance radar market in the near future.
The highly reliable detection solution offered by surveillance radar solution that can aid in the prevention of traffic collision and assist drivers, thus boost consumer experience, can support the growth of the market. The working efficiency of radar systems can decline when the distance is extensive that can prevent the surveillance radar market form expansion. Moreover, rise in costs of operation and installation can also cause the market to restrain. However, the growing focus of global leaders expending on defense solutions to improve border surveillance systems can counter the market slow-down in the near future.
Market Segmentation:
The segment assessment of the global Airport Surveillance Radar Market Share is done by component and platform.
The component-based segments of the surveillance radar market are antennas, duplexers, transmitters, and receivers. The antennas segment can secure decent revenue in the analysis period. Increase in demand for transmitters and receivers solution can promote the market expansion. The duplexers segment can surge at the highest pace across the assessment period.
The platform-based segments of the surveillance radar market are land, airborne, space, and naval. The land-based segments of the market can dominate across the assessment period. The naval segment can rise at the highest pace by 2026. The growing demand for airborne security can favor expansion of the surveillance radar market. Excellent intelligence offered by space radar surveillance solution can promote the market in the near future.
Key Players:
Elbit Systems Ltd. (Israel), Aselsan AS (Turkey), GEM Elettronica (Italy), Leonardo Spa (Italy), L3 Harris Technologies (US), Israel Aerospace Industries Ltd (Israel), Honeywell International Inc. (US), Lockheed Martin Corporation (US), Hensoldt (Germany), Saab AB (Sweden), Raytheon Company (US), Thales Group (France), Blighter Surveillance Systems Ltd (UK), DeTect Inc. (US), and Flir Systems, Inc. (US) are some reputed names that are operating in the worldwide surveillance radar market, recognized by MRFR.
By Region:
In North America, the market of surveillance radar can surge owing to the high concentration of surveillance radar suppliers present in the region. The rise in investments made by renowned companies for innovations in advanced radar solutions and systems can impact the market rise through the review period.
In Europe, the surge in the application of advanced systems by military organizations for better performance, intelligence, reconnaissance missions, and surveillance can promote EU surveillance radar systems in the foreseeable future.
In Asia Pacific, the Airport Surveillance Radar Market Trends can contribute to the regional market expansion at high CAGR through the forecast period. The escalation of defense expenditures to combat surge in terrorist activities across regions of APAC can support expansion of the market.
In Middle East and Africa, the hike in defense expense can drive the regional market through the regional period.
In Latin America, the surge in demand for UAVs enabled with radar systems for intelligence that aid in deforestation monitoring, control of illegal migration, and drug trafficking and rebel groups can support expansion of the regional surveillance radar systems market.
Table of Contents:
1 EXECUTIVE SUMMARY
2 SCOPE OF THE REPORT
2.1 MARKET DEFINITION
2.2 SCOPE OF THE STUDY
2.2.1 DEFINITION
2.2.2 RESEARCH OBJECTIVE
2.2.3 ASSUMPTIONS
2.2.4 LIMITATIONS
2.3 RESEARCH PROCESS
2.3.1 PRIMARY RESEARCH
2.3.2 SECONDARY RESEARCH
2.4 MARKET SIZE ESTIMATION
2.5 FORECAST MODEL
3 MARKET LANDSCAPE
3.1 PORTER’S FIVE FORCES ANALYSIS
3.1.1 THREAT OF NEW ENTRANTS
3.1.2 BARGAINING POWER OF BUYERS
3.1.3 THREAT OF SUBSTITUTES
3.1.4 SEGMENT RIVALRY
3.1.5 BARGAINING POWER OF BUYERS
3.2 VALUE CHAIN/SUPPLY CHAIN ANALYSIS
4 MARKET DYNAMICS
4.1 INTRODUCTION
4.2 MARKET DRIVERS
4.3 MARKET RESTRAINTS
4.4 MARKET OPPORTUNITIES
4.5 MARKET TRENDS
5 GLOBAL Airport Surveillance Radar Market, BY PLATFORM
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