Surveillance Radar Trends and Forecast
The future of the global surveillance radar market looks promising with opportunities in the commercial, military, national security, aerospace, and maritime markets. The global surveillance radar market is expected to reach an estimated $13.8 billion by 2030 with a CAGR of 7.5% from 2024 to 2030. The major drivers for this market are growing necessity for missile detection systems and rising demand for drone detection systems in airport settings.A more than 150-page report is developed to help in your business decisions. .
Surveillance Radar by Segment
The study includes a forecast for the global surveillance radar by type, component, platform, application, and region.Surveillance Radar Market by Type [Shipment Analysis by Value from 2018 to 2030]:
- Battlefield Surveillance Radar
- Ground-Based Space Surveillance Radar
- Ground-Based Air Surveillance Radar
- Coastal Surveillance Radar
- Airport Surveillance Radar
- Air-To-Air Surveillance Radar
- Space-Based Radar
- Shipborne Surveillance Radar
- Others
Surveillance Radar Market by Component [Shipment Analysis by Value from 2018 to 2030]:
- Antenna
- Transmitter
- Duplexer
- Power Amplifier
- Receiver
- Others
Surveillance Radar Market by Platform [Shipment Analysis by Value from 2018 to 2030]:
- Land
- Naval
- Airborne
- Space
Surveillance Radar Market by Application [Shipment Analysis by Value from 2018 to 2030]:
- Commercial
- Military
- National Security
- Aerospace
- Maritime
- Others
Surveillance Radar Market by Region [Shipment Analysis by Value from 2018 to 2030]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Surveillance Radar Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies surveillance radar companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the surveillance radar companies profiled in this report include:- Thales
- Hensoldt
- Lockheed Martin
- Raytheon Technologies
- Saab
- Bae Systems
- Elbit Systems
- Aselsan
- Leonardo
- Israel Aerospace Industries
Surveillance Radar Market Insights
The publisher forecasts that airborne is expected to witness the highest growth over the forecast period.Within this market, military will remain the largest segment due to widespread use of surveillance radar in border security, air defense, and maritime security.
North America will remain the largest region over the forecast period due to growing number of airport and commercial aircraft fleets in the region.
Features of the Global Surveillance Radar Market
- Market Size Estimates: Surveillance radar market size estimation in terms of value ($B).
- Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
- Segmentation Analysis: Surveillance radar market size by various segments, such as by type, component, platform, application, and region in terms of value ($B).
- Regional Analysis: Surveillance radar market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different type, component, platform, application, and regions for the surveillance radar market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape of the surveillance radar market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQs
Q1. What is the surveillance radar market size?Answer: The global surveillance radar market is expected to reach an estimated $13.8 billion by 2030.
Q2. What is the growth forecast for surveillance radar market?
Answer: The global surveillance radar market is expected to grow with a CAGR of 7.5% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the surveillance radar market?
Answer: The major drivers for this market are growing necessity for missile detection systems and rising demand for drone detection systems in airport settings.
Q4. What are the major segments for surveillance radar market?
Answer: The future of the surveillance radar market looks promising with opportunities in the commercial, military, national security, aerospace, and maritime markets.
Q5. Who are the key surveillance radar market companies?
Answer: Some of the key surveillance radar companies are as follows:
- Thales
- Hensoldt
- Lockheed Martin
- Raytheon Technologies
- Saab
- Bae Systems
- Elbit Systems
- Aselsan
- Leonardo
- Israel Aerospace Industries
Answer: The publisher forecasts that airborne is expected to witness the highest growth over the forecast period.
Q7. In surveillance radar market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to growing number of airport and commercial aircraft fleets in the region.
Q8. Do we receive customization in this report?
Answer: Yes, the publisher provides 10% customization without any additional cost.
This report answers the following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the surveillance radar market by type (battlefield surveillance radar, ground-based space surveillance radar, ground-based air surveillance radar, coastal surveillance radar, airport surveillance radar, air-to-air surveillance radar, space-based radar, shipborne surveillance radar, and others), component (antenna, transmitter, duplexer, power amplifier, receiver, and others), platform (land, naval, airborne, and space), application (commercial, military, national security, aerospace, maritime, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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Table of Contents
1. Executive Summary
2. Global Surveillance Radar Market : Market Dynamics
3. Market Trends and Forecast Analysis from 2018 to 2030
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
5. Competitor Analysis
6. Growth Opportunities and Strategic Analysis
7. Company Profiles of Leading Players
Companies Mentioned
- Thales
- Hensoldt
- Lockheed Martin
- Raytheon Technologies
- Saab
- Bae Systems
- Elbit Systems
Methodology
The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in the market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.
Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.
Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.
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