The latest study released on the Global Surveillance Radar Market by HTF MI Research evaluates market size, trend, and forecast to 2030. The Surveillance Radar market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analysed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors.
The Surveillance Radar market size is estimated to increase by USD 5.1 Billion at a CAGR of 8.5% from 2024 to 2030. The report includes historic market data from 2024 to 2030. The market value is pegged at USD 7.5 Billion.
Key Players in This Report Include:
Thales Group (France), Saab AB (Sweden), Leonardo S.p.A. (Italy), Hensoldt (Germany), Israel Aerospace Industries Ltd. (Israel), Kelvin Hughes Ltd. (United Kingdom), Terma A/S (Denmark), Indra Sistemas S.A. (Spain), ASELSAN A.Ş. (Turkey), Mitsubishi Electric Corporation (Japan), Bharat Electronics Limited (India), Hanwha Systems (South Korea), Reutech Radar Systems (South Africa), RADA Electronic Industries Ltd. (Israel), Controp Precision Technologies Ltd. (Israel).
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Definition:
The Surveillance Radar Market involves radar systems used for monitoring, tracking, and detecting objects or activities within a specific area. It is widely used in defense, aviation, maritime, and infrastructure security. The demand is fueled by increasing investments in defense and border security, as well as the need for enhanced situational awareness in commercial and industrial sectors.
“In March 2023, Blighter Surveillance Systems, a U.K.-based designer and manufacturer of electronic scanning radars and surveillance solutions has been awarded a contract to supply multi-modal A800 3D e-scanning radars to Raytheon UK for a laser weapons project with the U.K. Ministry of Defense.”
“In February 2023, Hensoldt won a contract from CAE Aviation to provide multi-functional surveillance radars for its surveillance aircraft.”
Market Drivers:
- Enhanced Border Security: Investments in advanced radar systems improve border surveillance and airspace monitoring.
- Real-Time Detection: Demand for accurate situational awareness and threat detection drives radar system advancements.
- Counter-Terrorism Needs: Rising threats from terrorism and transnational crime require robust radar capabilities.
- Detection of Illicit Activities: Radar systems are crucial for identifying suspicious activities, unauthorized crossings, and trafficking.
Market Opportunity:
- Technological Innovation: Advances in digital beamforming, SAR, and software-defined radar enhance detection and accuracy.
- Next-Generation Systems: Potential to develop radar systems with improved range, resolution, and interference mitigation.
- Integration with Sensors: Combining radar with EO/IR, AIS, and satellite imagery offers comprehensive situational awareness.
- Multi-Domain Surveillance: Developing solutions for land, air, and maritime surveillance presents growth opportunities.
Market Restraints:
- High Initial Costs: Significant investment required for sophisticated radar technology and performance.
- Ongoing Maintenance: Costs include periodic upgrades, calibration, and personnel training.
- Regulatory Compliance: Strict standards and certifications (e.g., FAA, ICAO) add complexity and deployment time.
- Environmental Challenges: Adverse conditions can impact radar performance and increase operational costs.
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Major highlights from the Study along with most frequently asked questions:
1) What so unique about this Global Surveillance Radar Assessment?
Market Factor Analysis: In this economic slowdown, impact on various industries is huge. Moreover, the increase in demand & supply gap as a resultant of sluggish supply chain and production line have made market worth observing. It also discusses technological, regulatory and economic trends that are affecting the market. It also explains the major drivers and regional dynamics of the global market and current trends within the industry.
Market Concentration: Includes C4 Index, HHI, Comparative Global Surveillance Radar Market Share Analysis (Y-o-Y), Major Companies, Emerging Players with Heat Map Analysis
Market Entropy: Randomness of the market highlighting aggressive steps that players are taking to overcome current scenario. Development activity and steps like expansions, technological advancement, M&A, joint ventures, launches are highlighted here.
Patent Analysis: Comparison of patents issued by each players per year.
Peer Analysis: An evaluation of players by financial metrics such as EBITDA, Net Profit, Gross Margin, Total Revenue, and Segmented Market Share, Assets etc to understand management effectiveness, operation and liquidity status.
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2) Why only few Companies are profiled in the report?
Industry standards like NAICS, ICB etc are considered to derive the most important manufacturers. More emphasis is given on SMEs that are emerging and evolving in the market with their product presence and technological upgraded modes, current version includes players like “Thales Group (France), Saab AB (Sweden), Leonardo S.p.A. (Italy), Hensoldt (Germany), Israel Aerospace Industries Ltd. (Israel), Kelvin Hughes Ltd. (United Kingdom), Terma A/S (Denmark), Indra Sistemas S.A. (Spain), ASELSAN A.Ş. (Turkey), Mitsubishi Electric Corporation (Japan), Bharat Electronics Limited (India), Hanwha Systems (South Korea), Reutech Radar Systems (South Africa), RADA Electronic Industries Ltd. (Israel), Controp Precision Technologies Ltd. (Israel). ” etc and many more.
** Companies reported may vary subject to Name Change / Merger etc.
3) What details will competitive landscape will provide?
A value proposition chapter to gauge Global Surveillance Radar market. 2-Page profiles of all listed company with 3 to 5 years financial data to track and comparison of business overview, product specification etc.
4) What all regional segmentation covered? Can specific country of interest be added?
Country that are included in the analysis are In North America, In Latin America, Europe, The Asia-pacific, Middle East and Africa (MEA), What are the main countries covered?, The United States, Canada, Germany, France, UK, Italy, Russia, China, Japan, Korea, Southeast Asia, India, Australia, Brazil, Mexico, Argentina, Chile, Colombia, Egypt, Saudi Arabia, United Arab Emirates, Nigeria & South Africa
** Countries of primary interest can be added if missing.
5) Is it possible to limit/customize scope of study to applications of our interest?
Yes, general version of study is broad, however if you have limited application in your scope & target, then study can also be customize to only those application. As of now it covers applications Commercial, Defense, Homeland Security, Others.
** Depending upon the requirement the deliverable time may vary.
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To comprehend Global Surveillance Radar market dynamics in the world mainly, the Global Surveillance Radar market is analysed across major global regions. Customized study by specific regional or country can be provided, usually client prefers below
– North America: United States of America (US), Canada, and Mexico.
– South & Central America: Argentina, Chile, Colombia and Brazil.
– Middle East & Africa: Kingdom of Saudi Arabia, United Arab Emirates, Turkey, Israel, Egypt and South Africa.
– Europe: the UK, France, Italy, Germany, Spain, NORDICs, BALTIC Countries, Russia, Austria and Rest of Europe.
– Asia: India, China, Japan, South Korea, Taiwan, Southeast Asia (Singapore, Thailand, Malaysia, Indonesia, and Philippines & Vietnam etc.) & Rest
– Oceania: Australia & New Zealand
Actual Numbers & In-Depth Analysis of Global Surveillance Radar Market Size Estimation and Trends Available in Full Version of the Report.
Thanks for reading this article, you can also make sectional purchase or opt-in for regional report by limiting the scope to only North America, ANZ, Europe or MENA Countries, Eastern Europe or European Union.
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