The Global Surveillance Radars Market is projected to reach a value of over USD 13.1 billion by 2027 at a CAGR of around 7.5%.
The surveillance radars refers to a system which being used for receivers, transmitters and transponders. Also, it is used for air traffic control, which measures the distance of the targets with the help of detected reflections of radio signals. Whereas, the radar scans the radiation beam continuously over the particular volume in space in order to search the target. Also, it helps to determine the range, target velocity as well as the angular position. It is mainly used to enhance the ability to detect and identify aircraft while automatically providing the fight level of an aircraft.
Hence, these radar system is also being used at airports to detect and display the presence and position of aircraft in the terminal area. These will lead to enhance the demand of the market adoption in the forecast period.
Market Driver:
With the growing demand for growing border surveillance systems is witness to enhance the growth of the market in the forecast period. Whereas, the border surveillance system is advancing features in autonomous drones as well as in the acoustic radar technology. However, these radars is deploy in important location to improve the detection rates. The border security is one of the high priority for every governments. Also, it is use to a various system for the purpose to detect threats and conspicuous behaviors. Furthermore, the State-of-the-art surveillance radars with a low incorrect alarms which may led the countries with the drug trafficking issues as well as border disputes, to rely on these advanced radars will helps to improve in border protection.
Hence, the man portable ground surveillance radars is used for the border protection which may lead to improve the safety and secure of the border in various countries.
Market Restraints:
One of the major key concern of the surveillance radars market regulatory issues to sales for overseas consumer as well as complexity in the radar system which may challenge the growth of the market. Whereas, the defense industries have to follow with different regulation which has been put by the governments for the products sales and services. Moreover, these are also different sanctions are being placed on manufacturers to curtail the type and technologies they can sell to foreign countries.
Hence, with any break in the rules may lead to create a major consequences such as penalties or fines as well as may put in criminal investigations. These may create a major challenge for the market growth in the forecast period.
The report on the surveillance radars 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.
Report Features |
Specifics |
---|---|
Historical/Estimated/Forecasted Market Size Years |
2019-2027 |
Base Year for Market Calculation |
2020 |
Forecasted Period |
2021-2027 (2021 estimated year, forecasted up to 2027) |
Measured Units |
Value (USD Million) |
Segments Included |
Type, Dimension, Waveform, Frequency Band, Range, Platform, Application and Region |
Regional Coverage |
North America, Asia-Pacific, Europe, Middle East & Africa, South America |
For the scope of the report, In-depth segmentation is offered by Forencis Research
Surveillance Radars Market, by Type
Surveillance Radars Market, by Dimension
Surveillance Radars Market, by Waveform
Surveillance Radars Market, by Frequency Band
Surveillance Radars Market, by Range
Surveillance Radars Market, by Platform
Surveillance Radars Market, by Application
Surveillance Radars Market, by Region
60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE SURVEILLANCE RADARS MARKET STUDY
Note1: Tentative table of contents, may get updated during the course of research.
Note2: Company financial information is subject to availability in public domain
60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE STUDY