The global radar systems market size was USD 32.48 Billion in 2021 and is expected to register a revenue CAGR of 4.6% during the forecast period, according to latest analysis by Emergen Research. Increasing investments by governments for upgrading existing fighter aircraft radar, advancement of phased array solid-state radar, and increasing defense expenditure of emerging countries are key factors driving market revenue growth.
The study on the Global Radar Systems Market is the latest report covering the impact analysis of the currently ongoing COVID-19 pandemic. The pandemic has directly affected the market by causing disruptions in the global supply chains and indirectly by inducing financial difficulties. The Radar Systems market has witnessed dynamic changes in trends and demands owing to the ongoing COVID-19 pandemic. The report provides a detailed outlook on how the pandemic has affected the key segments of the Radar Systems industry. The report includes an in-depth impact analysis of the COVID-19 pandemic on the overall Radar Systems industry.
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Competitive Outlook: The leading companies operating in the Radar Systems market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.
Top Companies Operating in the Radar Systems Market and Profiled in the Report are:
BAE Systems, Northrop Grumman, Boeing, Lockheed Martin Corporation, General Dynamics Corporation, Thales, Saab, Raytheon Technologies Corporation, Honeywell International Inc., Mitsubishi Electric Corporation, and L3Harris Technologies, Inc
Objectives of the Report:
Study of the global Radar Systems market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)
Industrial structure analysis of the Radar Systems market by identification of various sub-segments
Extensive analysis of key market players along with their SWOT analysis
Competitive landscape benchmarking
Analysis of Radar Systems market based on growth trends, futuristic outlook, and contribution to the total growth of the market
Analysis of drivers, constraints, opportunities, challenges, and risks in the global Radar Systems market
Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances
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Segments Covered in this report are:
Product Outlook (Revenue, USD Billion; 2019-2030)
- Air
- Military aircraft
- Commercial aircraft
- Marine
- Military vessels
- Commercial vessels
- Unmanned
- Unmanned Ground Vehicle (UGV)
- Unmanned Aerial Vehicle (UAV)
- Unmanned Surface Vehicle (USV)
- Land
- Mobile radar systems
- Portable radar systems
- Space
- Spacecraft
- Satellites
- Air
Application Outlook (Revenue, USD Billion; 2019-2030)
- Remote sensing
- Air traffic control
- Ground traffic control
- Space navigation & control
End-Users Outlook (Revenue, USD Billion; 2019-2030)
- Aviation
- Military & defense
- Automotive
- Industrial
- Weather monitoring
- Others
Regional Analysis:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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