Radar Systems Market Growth, Revenue Share Analysis, Company Profiles, and Forecast

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The global radar systems market size was USD 32.48 Billion in 2021 and is expected to register a revenue CAGR of 4.6% during the forecast period, according to latest analysis by Emergen Research. Increasing investments by governments for upgrading existing fighter aircraft radar, advancement of phased array solid-state radar, and increasing defense expenditure of emerging countries are key factors driving market revenue growth.

The latest market intelligence report broadly assesses this ever-evolving business sphere and simultaneously elaborates on the production and consumption aspects. The study analyzes numerous indispensable factors, including market growth drivers, opportunities, restraints, and challenges, which are presumed to impact the global market growth in the next few years. The SWOT and Porter’s Five Forces analyses performed in this report assist the reader in understanding the competitive hierarchy of the Radar Systems market. 

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Competitive Outlook: The leading companies operating in the Radar Systems market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.

Top Companies Operating in the Radar Systems Market and Profiled in the Report are:

BAE Systems, Northrop Grumman, Boeing, Lockheed Martin Corporation, General Dynamics Corporation, Thales, Saab, Raytheon Technologies Corporation, Honeywell International Inc., Mitsubishi Electric Corporation, and L3Harris Technologies, Inc

Objectives of the Report:

Study of the global Radar Systems market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)

Industrial structure analysis of the Radar Systems market by identification of various sub-segments

Extensive analysis of key market players along with their SWOT analysis

Competitive landscape benchmarking

Analysis of Radar Systems market based on growth trends, futuristic outlook, and contribution to the total growth of the market

Analysis of drivers, constraints, opportunities, challenges, and risks in the global Radar Systems market

Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances

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Segments Covered in this report are:

 

Product Outlook (Revenue, USD Billion; 2019-2030)
Air
Military aircraft
Commercial aircraft
Marine
Military vessels
Commercial vessels
Unmanned
Unmanned Ground Vehicle (UGV)
Unmanned Aerial Vehicle (UAV)
Unmanned Surface Vehicle (USV)
Land
Mobile radar systems
Portable radar systems
Space
Spacecraft
Satellites
Application Outlook (Revenue, USD Billion; 2019-2030)
Remote sensing
Air traffic control
Ground traffic control
Space navigation & control
End-Users Outlook (Revenue, USD Billion; 2019-2030)
Aviation
Military & defense
Automotive
Industrial
Weather monitoring
Others
Regional Segmentation:

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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