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United States 3D Radar Market Scope
The market for 3D radar in the United States has a higher potential in the future due to the expanding use of 3D radars in air defense, weather monitoring, and other applications. Additionally, the term '3D radar' in the United States refers to the market for three-dimensional radar systems that offer elevation in addition to 2D radar systems. Furthermore, 3D radars are utilized in a variety of applications, including the industrial, aerospace, automotive, and weather monitoring sectors as well as defense and security, aerospace, and aviation. Further, the use of 3D radar technologies for surveillance, target recognition, tracking, imaging, and situational awareness enhances the security of the region. Additionally, it is projected that the 3D radar market will engage internationally as well, due to the ongoing technological advancements, which have pushed governments and international organizations (Northrop Grumman Corporation, Raytheon Company, and Thales Group) to set a variety of safety requirements. Overall, all these factors are anticipated to increase 3D radar’s demand in the US market over the forecast period.United States 3D Radar Market Overview
Three-dimensional radar or 3D radar, is a category of radar system that can identify and monitor objects in three dimensions. 3D radar systems can also provide information about an object's altitude or elevation, in contrast to the typical radar systems, which can only provide two-dimensional information about an object's location and movement. As 3D radar technology offers cutting-edge capabilities for surveillance, target tracking, and threat detection, it is frequently used in military and defense applications. The market is also fueled by the growing need for improved surveillance capabilities, the requirement for precise target recognition and tracking, and the increasing emphasis on safety and security measures across various industries. Additionally, the rising applicability of 3D radars in military and defense, air traffic control, autonomous cars, and industrial automation, leads to an increase in the demand for 3D radar in the country, extensively.United States 3D Radar Market Driver
The increasing necessity of surveillance and weather awareness is a primary driver of the US 3D radar market. Additionally, the US defense industry significantly depends on cutting-edge radar equipment for threat detection, monitoring, and situational awareness. With the development of cutting-edge combat technologies like network-centric warfare and electronic warfare results in need for an efficient radar system. The need for 3D radar systems in military applications might be driven by the rising defense budgets and the necessity for cutting-edge technologies to combat emerging security threats. Moreover, there is a growing need for driverless vehicles and advanced driver assistance systems (ADAS), where 3D radar is essential for performing functions such as collision avoidance and adaptive cruise control. Overall, the market for 3D radar in the United States is expanding quickly and is anticipated to acquire a higher CAGR in the next years.United States 3D Radar Market Challenges
The cost of raw materials and its manufacture, which is much higher, is a fundamental obstacle for the 3D radar market, even though the advantages of 3D radar are favorably affecting the market's growth. Unlike the 2D radar systems, the implementation of 3D radar systems can typically need significant expenditure, including the costs associated with development, installation, and maintenance. The complexity of system integration and the generally high cost of radar components, such as antennas, transmitters, and receivers, might pose a challenge, especially for smaller organizations or budget-constrained industries. Furthermore, the operational revenue is indeed affected by its fluctuating pricing, which hinders the expansion of the 3D radar across the United States. However, the industry is also expected to pick up momentum in the upcoming years by improving value chain processes while developing additional abilities which includes 4D radar system, Continuous wave radar.United States 3D Radar Market Trends
Solid-state radar systems are becoming more and more common since they are smaller, use less power, and perform better than conventional mechanically scanned radar systems. Furthermore, with quicker scan rates, greater dependability, and the possibility for interaction with other sensors and communication systems, solid-state radar technology is in high demand. Additionally, the operational preference for solid-state radar is known to be eminent and to be of superior quality as they require minimal maintenance. Since solid-state radar is entirely digital, it can be remotely operated and managed without the use of an additional interface. In addition, the United States 3D Radar Market is anticipated to grow in the upcoming years due to additional safety requirements and advances force governments to adopt and replace current system with 3D radar systems which increases overall United states 3D radar market size.United States 3D Radar Market Opportunities
The demand for 3D radar market is anticipated to increase as many industries such Airbus Defense and Space, Honeywell International Inc. etc are developing new technologies and are creating opportunities for specialized service providers in the market. Additionally, the demand for automobiles equipped with these systems is being fueled by the rise in demand for advanced driving assistance systems (ADAS) in the vehicle. Additionally, the increasing security around the nation offers more chances for new operators to enter the market and establish a service network. This results in creation of many opportunities for the 3D radar manufacturing companies.Market Segmentation
The United States 3D radar market is segmented based on platform, frequency band, range, company, and region. Based on platform, the market is segmented into airborne, ground, and naval. Based on the frequency band, it is further segmented into c/s/x band, e/f band, l band, and others. Furthermore, based on range, the market is divided into long range, medium range, and short range. Further, the market is also divided into regions wise, mainly, North, West, South, and East.Company Profiles
Some of the major players operating in United States 3D radar market are Northrop Grumman Corporation, Numerica Corporation, Thales Group, BAE Systems PLC, Airbus Defense and Space, Honeywell International Inc., Saab AB, Thales Group, Echodyne MESA, and DeTect, Inc.Report Scope:
In this report, United States 3D radar market has been segmented into following categories, in addition to the industry trends which have also been detailed below:United States 3D Radar market, By Platform:
- Airborne
- Ground
- Naval
United States 3D Radar market, By Frequency Band:
- C/S/X Band
- E/F Band
- L Band
- Others
United States 3D Radar market, By Range:
- Long Range
- Medium Range
- Short Range
United States 3D Radar market, By Region:
- South
- Midwest
- West
- Northeast
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in United States 3D radar market.Available Customizations:
With the given market data, the publisher offers customizations according to a company’s specific needs.This product will be delivered within 1-3 business days.
Table of Contents
Companies Mentioned
- Northrop Grumman Corporation
- Numerica Corporation
- Thales Group
- BAE Systems PLC
- Airbus Defense and Space
- Honeywell International Inc.
- Saab AB
- Thales Group
- Echodyne MESA
- DeTect, Inc
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 72 |
Published | October 2023 |
Forecast Period | 2022 - 2028 |
Estimated Market Value ( USD | $ 5.41 Billion |
Forecasted Market Value ( USD | $ 12.64 Billion |
Compound Annual Growth Rate | 15.3% |
Regions Covered | United States |
No. of Companies Mentioned | 10 |