Marketreportsworld.com has added new report on Radar Systems Market which enlighten the impact of COVID-19 by Business Insights, Top Players and Forecast to 2022-2027
“Radar Systems Market” 2022: – Report focus on and regional market, providing information on major players like manufacturers, suppliers, distributors, traders, customers, investors and etc., major types, major applications and etc. Data type include capacity, production, market share, price, revenue, cost, gross, gross margin, growth rate, consumption, import, export and etc. Industry chain, manufacturing process, cost structure, marketing channel are also analyzed in this report. Radar Systems market report covers the many growth prospect over the approaching years. Likewise, it studies market new product analysis, strategies, financial overview and trends.
The radar systems market is expected to grow at a CAGR of 5.88% over the forecast period (2021-2027). The scope of the report includes insights on the solutions offered by major players, including providers of hardware, professional services, and integration solutions. The regions included in this study are North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa. The study offers insights on various end-user-based industries such as aviation, maritime applications, military and defense, space technology, weather monitoring, etc. The application-based radar use in airborne, land-based, and naval segments is also in the study scope.
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Company Coverage: –
– Airbus Defense and Space
– BAE Systems
– Finmeccanica SPA
– General Dynamics
– Israel Aerospace Industries
– Lockheed Martin Corporation
– Northrop Grumman
– Raytheon Corporation
– Reutech Radar Systems
– Rockwell Collins
– Saab Group
– Thales Group
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Market Players Competitor Analysis:
Improved and Continuous Weather Monitoring is Driving the Demand in the Market
The knowledge of weather conditions is as important for industries as it is for the agriculture segment as it allows them to consider the factors they must keep in mind before planning anything. Weather monitoring, in fact, is also important to forecast and detect any changes in climatic conditions early. It warns the people and avoids/minimizes loss of the life and resources resulting from changing climatic conditions. The radar plays an important role in this as it continuously monitors the weather situation with the assistance of other devices that measure precipitation, humidity level, etc., allowing to forecast the conditions. For agriculture and businesses, it becomes important as it allows them to plan whether the raw materials will be available at the time of need or if there is a need to maintain an increased inventory. The logistics also plan the methods to transport the products accordingly, which may be through places that have different climatic conditions and might change during transit.
Aerospace and Defense is the Major Segment with Increased Demand
Aerospace and defense needs to continuously keep track of aircraft to maintain the flight path and control air traffic. Any lapse or miss in tracking can turn into a catastrophic incident. There has also been an increase in unmanned aerial systems and drone systems that fly high in the air and need to be traced for strategic as well as safety purposes. Recently, the United States has made it mandatory for drone devices bigger than a specific size to be registered with the aviation wing for tracing them and avoid any airborne accidents. In defense, the radar needs are very versatile and need to fit to the varying demands, such as vehicle-mounted, naval ship-mounted, fixed radar systems or airborne radar system. The radar systems also help the ship navigate and avoid areas having rocky seabed.
Key Developments in the Market
• March 2021 – BAE Systems Australia welcomed the announcement by the Minister for Defense and the Minister for Defense Industry that the company has been selected to upgrade Australia’s long-range high frequency radar network. The Jindalee Operational Radar Network (JORN) protects Australia’s coastal approaches through a network of three remote radars in Queensland, Western Australia, and the Northern Territory. The USD 1 billion JORN upgrade will require over 500 highly skilled technicians and engineers working for BAE Systems and in the company’s supply chain.
The major players include – AAIRBUS DEFENSE AND SPACE, BAE SYSTEMS, FINMECCANICA SPA, GENERAL DYNAMICS, ISRAEL AEROSPACE INDUSTRIES, LOCKHEED MARTIN CORPORATION, NORTHROP GRUMMAN, RAYTHEON CORPORATION, REUTECH RADAR SYSTEMS, ROCKWELL COLLINS, SAAB GROUP, and THALES GROUP, amongst others.
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Reasons to Purchase this Report:
- To examine the increased usage of Radar Systems in Industry that affect the global market scenario
- Analyze various perspectives of the market with the help of Porter’s five forces analysis
- To know the modality and application that are expected to dominate the market
- To know the regions that are expected to witness fastest growth during the forecast period
- Identify the latest developments, market shares, and strategies employed by major market players
Customization of the Report:
- This report can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
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Regional Analysis: –
– North America
– Asia-Pacific
– Europe
– South America
– Africa
Some Major Points from TOC: –
1. Introduction
1.1 Key Deliverables of the Study
1.2 Study Assumptions
1.3 Research Methodology
2. Executive Summary
3. Market Insights
3.1 Market Overview
3.2 Industry Value Chain Analysis
3.3 Industry Attractiveness – Porter’s Five Force Analysis
3.3.1 Bargaining Power of Suppliers
3.3.2 Bargaining Power of Consumers
3.3.3 Threat of New Entrants
3.3.4 Threat of Substitutes
3.3.5 Intensity of Competitive Rivalry
4. Market Dynamics
4.1 Drivers
4.1.1 Need for Advanced Battlefield Surveillance Radar
4.1.2 Demand for Moving Radar Systems
4.1.3 Increased Demand for Monitoring and Cloud Tracking for Weather Forecast
4.1.4 Increased Need for Tracking the Movement of Airborne Devices
4.1.5 Requirement for Keeping Track of Mini Flight Devices and Identifying them
4.2 Restraints
4.2.1 Difficulty in Portabality
4.2.2 High Cost of the Product
4.2.3 High Maintenace Cost
5. Global Radar Systems Market Segmentation
5.1 Type
5.1.1 Continuous Wave RADAR Systems
5.1.2 Pulsated Wave RADAR Systems
5.1.3 Others
5.2 Application
5.2.1 Airborne
5.2.2 Land-based
5.2.3 Naval
5.2.4 Others
5.3 By End-user Industry
5.3.1 Aviation
5.3.2 Maritime Applications
5.3.3 Military and Defense
5.3.4 Space Technolgy
5.3.5 Weather Monitoring
5.3.6 Others
5.4 Region
5.4.1 North America
5.4.1.1 US
5.4.1.2 Canada
5.4.2 Europe
5.4.2.1 UK
5.4.2.2 Germany
5.4.2.3 France
5.4.2.4 Russia
5.4.2.5 Rest of Europe
5.4.3 Asia-Pacific
5.4.3.1 China
5.4.3.2 India
5.4.3.3 Japan
5.4.3.4 South Korea
5.4.3.5 Rest of Asia-Pacific
5.4.4 Latin America
5.4.4.1 Brazil
5.4.4.2 Mexico
5.4.4.3 Argentina
5.4.4.4 Rest of Latin America
5.4.5 Middle East and Africa
5.4.5.1 Saudi Arabia
5.4.5.2 UAE
5.4.5.3 South Africa
5.4.5.4 Rest of Middle East and Africa
6. Competitive Intelligence – Company Profiles
6.1 Airbus Defense and Space
6.2 BAE Systems
6.3 Finmeccanica SPA
6.4 General Dynamics
6.5 Israel Aerospace Industries
6.6 Lockheed Martin Corporation
6.7 Northrop Grumman
6.8 Raytheon Corporation
6.9 Reutech Radar Systems
6.10 Rockwell Collins
6.11 Saab Group
6.12 Thales Group
*List not exhaustive
7. Investment Analysis
7.1 Recent Mergers and Acquisitions
7.2 Investor Outlook
8. Outlook of Global Radar Systems Market
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