Airborne fire control radar is designed to be integrated in fighter jets or combat helicopters to achieve accurate air to air and air to surface target acquisition during battlefield operation. Airborne fire control radar provides data to fire control systems for targeting and directing weapons towards the target. Airborne fire control radar offers highly accurate targeting and tracking data, multi-target tracking and multimode operation ability.
Several countries have increased their military expenditure in order to enhance and upgrade their air force capabilities. Countries have procured fighter jets to strengthen their air force capabilities. For instance, in India, in 2021, Hindustan Aeronautics Limited received a contract from Indian cabinet committee to procure 83 light combat aircraft, Tejas, for Indian Air Force. This rise in accession of fighter jets by several countries is expected to create demand for airborne fire control radar in upcoming years, which is expected to further aid in growth of global airborne fire control radar market.
The market is driven by growth in usage of active electronically scanning array (AESA) technology, and surge in military expenditure in numerous countries. However, high maintenance cost is the factor that acts as a hindrance in the growth of the global airborne fire control radar market. On contrary, technological advancements and upsurge in demand from emerging economies to address territorial conflicts are expected to create ample growth opportunities for the global airborne fire control radar market.
The airborne fire control radar market is segmented on the basis of frequency band, platform, application, and region. On the basis of frequency band, it is classified into X-band, L and S-band, and Ku/K/Ka-band. By platform, it is segmented into combat helicopters, fighter jets, and others. On the basis of application, the market is divided into air to sea, air to ground, and air to air. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Several countries have increased their military expenditure in order to enhance and upgrade their air force capabilities. Countries have procured fighter jets to strengthen their air force capabilities. For instance, in India, in 2021, Hindustan Aeronautics Limited received a contract from Indian cabinet committee to procure 83 light combat aircraft, Tejas, for Indian Air Force. This rise in accession of fighter jets by several countries is expected to create demand for airborne fire control radar in upcoming years, which is expected to further aid in growth of global airborne fire control radar market.
The market is driven by growth in usage of active electronically scanning array (AESA) technology, and surge in military expenditure in numerous countries. However, high maintenance cost is the factor that acts as a hindrance in the growth of the global airborne fire control radar market. On contrary, technological advancements and upsurge in demand from emerging economies to address territorial conflicts are expected to create ample growth opportunities for the global airborne fire control radar market.
The airborne fire control radar market is segmented on the basis of frequency band, platform, application, and region. On the basis of frequency band, it is classified into X-band, L and S-band, and Ku/K/Ka-band. By platform, it is segmented into combat helicopters, fighter jets, and others. On the basis of application, the market is divided into air to sea, air to ground, and air to air. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Key Benefits For Stakeholders
- This study presents the analytical depiction of the global airborne fire control radar marketanalysis along with the current trends and future estimations to depict imminent investment pockets.
- The overall airborne fire control radar marketopportunity is determined by understanding profitable trends to gain a stronger foothold.
- The report presents information related to the key drivers, restraints, and opportunities ofthe global airborne fire control radar market with a detailed impact analysis.
- The current airborne fire control radar market is quantitatively analyzed from 2021 to 2030 to benchmark financial competency.
- Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry.
Key Market Segments
By Frequency Band
- L And S-Band
- X-Band
- Ku/K/Ka-Band
By Platform
- Fighter Jets
- Combat Helicopters
- Others
By Application
- Air To Ground
- Air To Sea
- Air To Air
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- U.K.
- France
- Russia
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Rest Of Asia Pacific
- LAMEA
- Latin Ameria
- Middle East
- Africa
Key Market Players
- Bharat Electronics Limited
- Hensoldt AG
- Israel Aerospace Industries
- Leonardo S.p.A.
- Lockheed Martin Corporation
- BAE Systems Plc
- Northrop Grumman Corporation
- Raytheon Technologies Corporation
- Saab AB
- Thales Group
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Table of Contents
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
CHAPTER 4: AIRBORNE FIRE CONTROL RADAR MARKET, BY FREQUENCY BAND
CHAPTER 5: AIRBORNE FIRE CONTROL RADAR MARKET, BY PLATFORM
CHAPTER 6: AIRBORNE FIRE CONTROL RADAR MARKET, BY APPLICATION
CHAPTER 7: AIRBORNE FIRE CONTROL RADAR MARKET, BY REGION
CHAPTER 8: COMPANY LANDSCAPE
CHAPTER 9: COMPANY PROFILES
LIST OF TABLES
LIST OF FIGURES
Executive Summary
According to this report titled, 'Airborne Fire Control Radar Market,' the airborne fire control radar market was valued at $2,499.30 million in 2020, and is estimated to reach $4.5 Billion by 2030, growing at a CAGR of 6.17% from 2021 to 2030.Asia-Pacific is expected to grow at a significant pace during the forecast period owing to increased procurement of fifth generation fighter jets in China, and growth in demand for combat helicopters & UAV from emerging economies such as India & China. For instance, in 2020, in India, Defense ministry approved a defense deal for procurements of MiG-29 jets for Indian Air Force and upgradation of 59 existing MiG-29 jets in IAF inventory from Russia.
Active Electronically Scanned Array (AESA) technology in aircrafts has gained momentum as several airborne fire control radar manufacturing companies are focused on integrating AESA technology based radar in military jets and aircrafts. It offers high precision and efficiency as compared to generic radar systems. AESA-based system antennas comprise a large number of transmit/receive modules and each of the module acts as an individual radar. The AESA-based airborne fire control radar has the ability to operate in different frequency bands, thus enhancing tracking of the targets.
By frequency band, the airborne fire control radar market is segregated into X-band, L and S-band, and Ku/K/Ka-band. Airborne fire control radar transmits radio waves for tracking and targeting. For transmitting radio waves, different types of band are utilized in airborne fire control radar system such as X-band, S-band, and Ku/K/Ka-band. In addition, several airborne fire control radar manufacturers offer X-band based radars. For instance, Israel Aerospace Industries manufactures X-band based 'ELM-20600” operational Reconnaissance and targeting pod (RTP) for ground moving target indication & tracking and sea modes.
The significant factors that impact the growth of the airborne fire control radar market comprises growth in usage of active electronically scanning array (AESA) technology rise in accession of fighter jets to improve aerial strength, and surge in military expenditure in numerous countries. Moreover, factors such as high maintenance cost are expected to hamper the market growth. Futhermore, technological advancements and upsurge in demand from emerging economies to address territorial conflicts are expected to create new growth opportunities for airborne fire control radar market during the forecast period.
COVID-19 Impact Analysis
The COVID-19 crisis has created uncertainty in the market, massive slow down of supply chain, falling business confidence, and increased panic among the customer segments. Governments of different regions have announced total lockdown and temporary shutdown of industries, thereby adversely affecting the overall production and sales.
The impact of the COVID-19 pandemic has resulted in supply-chain disruptions causing order cancellation of new aircrafts. Moreover, few aircraft manufacturers faced halts in production of aircrafts. For instance, in 2020, Rafale fighter jets production was temporary suspended in France due to coronavirus outbreak. The impact of the COVID-19 pandemic resulted in delayed development of airborne fire control radars, restrictions in operation of key players, cancellation of contracts, and shortage of components. Shortage of components, subsystems, and electronic systems, owing to regulations associated with import and export of goods have also resulted in delayed manufacturing. Revenue crunch and increased maintenance costs were some of the major factors affecting manufacturers during the pandemic. Moreover, dramatic drop in GDP of prominent economies such as the U.S., the UK, China, France, India, and Germany in 2020 also led to decline in investments toward the defense industry.
Key findings of the Study
- By frequency band, the Ku/K/Ka-band segment is anticipated to exhibit significant growth in the near future.
- By platform, the others segment is anticipated to exhibit significant growth in the near future.
- By application, the air to air segment is anticipated to exhibit significant growth in the near future.
- By region, Asia-Pacific is anticipated to register the highest CAGR during the forecast period.
- Key players that operate in the global airborne fire control radar market include BAE Systems Plc, Bharat Electronics Limited, Hensoldt AG, Israel Aerospace Industries, Leonardo S.P.A., Lockheed Martin Corporation, Northrop Grumman Corporation, Raytheon Technologies Corporation, SAAB AB, and Thales Group.
Companies Mentioned
- Bharat Electronics Limited
- Hensoldt AG
- Israel Aerospace Industries
- Leonardo S.p.A.
- Lockheed Martin Corporation
- BAE Systems Plc
- Northrop Grumman Corporation
- Raytheon Technologies Corporation
- Saab AB
- Thales Group
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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