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3D Radar Market by Frequency Band, Range, Platform, Region - Global Forecast to 2022

3D Radar Market: Global Forecast until 2022

  • August 2017
  • 146 pages
  • ID: 5086556
In this report:
The short range segment of the ##D radar market is expected to grow from USD ##.## million in 2017 to USD ##.## million by 2022, at a CAGR of ##.##% during the forecast period.
The land segment of the ##D radar market is expected to grow from USD ##.## million in 2017 to USD ##.## million by 2022, at a CAGR of ##.##% during the forecast period.

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"The 3D radar market is estimated to rise at a compound annual growth rate of ~20.4 percent between 2017 and 2022."

The 3D radar market is forecasted to grow from $702.80M in 2017 to $1775.00M by 2022, at a compound annual growth rate of ~20.4 percent between 2017 and 2022. The emergence of modern warfare techniques, adoption of 3D radar by airports, and geopolitical instabilities in the Middle East (ME) and Asia Pacific regions are the top factors driving the rise of the 3D radar market. Nevertheless, growing deployment of ballistic missiles and air & missile defense systems affords alternatives for the increase ot the 3D radar market during the outlook period.

"Established on the platform, the airborne segment is planned to account for the most important share of the 3D radar market in 2017."

Established on the platform, the airborne segment is intended to account for the biggest share of the 3D radar market in 2017. The increase of this segment of the sector can be accredited to the rising applicability of airborne 3D radar in the aerospace sector. Airborne 3D radar is deployed in both, civil as well as military aircraft. Airborne 3D radar facilitates the detection of another aircraft without requiring visual contact during conditions of reduced visibility. It also offers info with respect to weather conditions and issues warnings to pilots.

"The North American area is forecasted to account for the most important share of the 3D radar market in 2017 while the Asia Pacific 3D radar market is expected to rise at the highest CAGR (Compound annual growth rate) during the estimate period."

The North American area is expected to account for the biggest share of the 3D radar market in 2017. The raised demand for distinct types of 3D radar that are utilized in surveillance activities is anticipated to drive the increase of the 3D radar market in the North American area. Additionally, the military forces of the US are currently involved in replacing their legacy radar systems with highly advanced 3D radar systems. Therefore, the development of advanced radar systems is one of the most significant factors driving the rise of the North America 3D radar market. The Asia Pacific 3D radar market is expected to grow at the highest compound annual growth rate (CAGR) during the outlook period, due to the increased military budgets and deployment of several defense systems, including X-band radar at military bases.

The breakup of the profiles of the primary participants in this market report on the 3D radar market has been provided below:

• By Company category: Tier 1 - 35.0 percent, Tier 2 - 45.0 percent, and Tier 3 - 20.0 percent

• By Description: C-suite - 35.0 percent, D-level - 25.0 percent, and Others - 40.0 percent

• By Area: North America (NA) - 45.0 percent, EU - 20.0 percent, Asia-Pac - 30.0 percent, and rest of the world - 5.0 percent

The top players decribed in this business report on the 3D radar market are Northrop Grumman (NYSE:NOC), Raytheon (NYSE:RTN), Thales (HO), Airbus Defense and Space, BAE Systems plc, etc., and manufacturers of various types of 3D radar including Honeywell International Inc., SAAB Group, ELTA Systems Ltd., Leonardo S.p.A., Indra Sistemas, S.A., etc.

Segment Research

The market study segments the 3D radar market established on the range (long range, medium range, short range), frequency band (C/S/X band, L band, E/F band, and others), platform (airborne, ground, and naval) and maps these segments and sub-segments across five main regions, that is, North America continent, Europe (EU), Asia Pacific (APAC), Middle East (ME) and Rest of the globe. The study offers an detailed market intelligence regarding market dynamics and main Elements such as drivers, industry restraints, possibilities, and market-specific challenges that influence the increase of the 3D radar market, along with analyzing micro sectors with respect to individual developments trends, future perspectives, and their contribution to the 3D radar market.

Why acquiring this study can help you:

From an insight prospect, this market research highlights on several levels of analysis, which include industry study, market share study of the top actors, supply chain research, and company descriptions. These insights together comprise and discuss the basic overviews on the competitive landscape, coming out and high increase segments of the 3D radar market, high increase regions, and drivers, market restraints, alternatives, and opportunities for the 3D radar market.

This study furnishes highlights on the following points:ng pointers:

• Market Uptake: Exhaustive data on distinct types of 3D radar provided by the top actors operating in the 3D radar market.

• Product Development/Innovative products: In-depth understanding on the next technologies, Research&development activities, and recent product launches in the 3D radar market.

• Market Development: Highlighted information about emerging industries as the market research examines the industries for 3D radar across different regions.

• industry diversification: Complete information about recent products, untapped areas, recent evolutions, and market investments in the 3D radar market.

• opposing assessment: In-depth assessment of the market shares, strategies, products, and manufacturing competences of the key players operating in the 3D radar market.

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