3D Radar Market: Summary
The Global 3D Radar Market is projected to reach a value of over USD 3.9 billion by 2027 at a CAGR of around 20.4%.
The Radar is an electromagnetic system which is used to detect the location and distance of an object. It is also used to detect devices such as radio waves to determine the speed, altitude, and direction of object. Whereas, the 3D provides three-dimension range and direction for radars. It is used for diversified applications based on the characteristics such as antenna height and target detection range. Moreover, it being also used in surveillance, weather monitoring as well as for security purposes majorly in the defense sector.
Hence, in the case of weather monitoring the narrow pencil beam is used. However, in the defense sector, the 3D radar is used for detection, classification of target, on the basis of their size and speed, as well as for tracking.
3D Radar Market: Drivers & Restraints
- Rising Demand of Modern Warfare Techniques
With the rising demand of modern warfare techniques is witness to fuel the growth of the market in the forecast period. Whereas, the growing of modern warfare techniques with the rising the technological developments is excepted to replacement of the traditional combat systems with improve combat technologies. Hence these includes electronic warfare as well as the network-centric warfare, which is projected to boost the growth of the 3D radar market during the forecast period. However, the radar technology has various features such as navigation, targeting, mapping, as well as target identification, which will lead to create a major opportunities for the market growth.
Hence, these will lead to boost the growth of the market in the projected period.
One of the major key concern of the 3D radar market is the high cost which may restraining factor for the growth of the market. Whereas, the heavy costs is being experience for the development of various types of 3D radar, which create a major factor challenging factor the growth of the 3D radar market. However, the significant investments is being required at various platform of the value chain of the 3D radar industry. Hence, these will lead to hinder the growth of the market in the forecast period.
3D Radar Market: Key Segments
- Segmentation based on Range: Long Range, Medium Range and Short Range.
- Segmentation based on Platform: Airborne, Naval and Ground
- Segmentation based on Component: Hardware and Software.
- Segmentation based on Frequency Band: C/S/X Band, E/F Band, L Banda and Other.
- Segmentation based on Application: Automotive and Public Infrastructure, Energy & Utilities, Government and Others.
- Segmentation based on region covers: North America, Europe, Asia-Pacific, Middle East & Africa and South America with individual country-level analysis.
3D Radar Market: Report Scope
The report on the 3D radar market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.
Historical/Estimated/Forecasted Market Size Years
Base Year for Market Calculation
2021-2027 (2021 estimated year, forecasted up to 2027)
Value (USD Million)
Range, Platform, Component, Frequency Band, Application, and Region
North America, Asia-Pacific, Europe, Middle East & Africa, South America
Key Companies Covered
- Thales Group (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
- Raytheon Technologies
- Northrop Grumman Corporation
- BAE Systems
- Honeywell International Inc.
- Airbus S.A.S.
- Saab AB
- L3Harris Technologies, Inc.
- Leonardo S.p.A.
- ASELSAN A.Åž.
- Other Key Companies
3D Radar Market: Report Segmentation
For the scope of the report, In-depth segmentation is offered by Forencis Research
3D Radar Market, by Range
- Long Range
- Medium Range
- Short Range
3D Radar Market, by Platform
3D Radar Market, by Component
3D Radar Market, by Frequency Band
- C/S/X Band
- E/F Band
- L Band
3D Radar Market, by Application
- Automotive and Public Infrastructure
- Energy & Utilities
3D Radar Market, by Region
- North America
- South Korea
- Rest of Asia-Pacific
- Rest of Europe
- Middle East & Africa
- Saudi Arabia
- Rest of Middle East & Africa
- South America
- Rest of South America
Key Questions Answered By The Report
- What are the prominent developments affecting the market worldwide and its growth?
- What will be the impact of the developments in the market on the industry and on the market players in the future?
- What are the evolving variations of the market globally?
- What are the evolving functions of the market globally?
- What are the prominent aspects that will affect market growth globally during the study period?
- Who are the key players operating in the market across the globe?
- How are the key players leveraging in the present market scenario worldwide?
- 3D Radar Market Providers
- 3D Radar Market Solution and Services Suppliers, Distributors and Dealers
- End-Users of Varied Segments of 3D Radar Market
- Government Bodies and Intellectual Institutions
- Associations and Industrial Organizations
- Research & Consulting Service Providers
- Research & Development Organizations
- Investment Banks & Private Equity Firms
60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE 3D RADAR MARKET STUDY