PUBLISHER: Lucintel | PRODUCT CODE: 1417225
PUBLISHER: Lucintel | PRODUCT CODE: 1417225
The future of the global radar absorbing material market looks promising with opportunities in the military and commercial markets. The global radar absorbing material market is expected to reach an estimated $0.7 billion by 2030 with a CAGR of 4.3% from 2024 to 2030. The major drivers for this market are growing interest in stealth aircraft, technological developments in electronics to reduce radar visibility, and increasing demand from the military, commercial, and civilian sectors for unmanned aircraft.
A more than 150-page report is developed to help in your business decisions.
The study includes a forecast for the global radar absorbing material by product type, technology, material, end use industry, and region.
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies radar absorbing material companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the radar absorbing material companies profiled in this report include-
Lucintel forecasts that magnetic will remain the largest segment over the forecast period because of its superior qualities including high magnetic loss and permeability, and it requires just tenth the thickness of dielectric absorbers in order to reduce the radar cross-section (RCS) by the same amount.
North America will remain the largest region over the forecast period due to greater investments made by the nations in this region in electronic and communication technology, as well as, rising investment in research & development activities in united states.
Market Size Estimates: Radar absorbing material market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Radar absorbing material market size by various segments, such as by product type, technology, material, end use industry, and region in terms of value ($B).
Regional Analysis: Radar absorbing material market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different product type, technology, material, end use industry, and regions for the radar absorbing material market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the radar absorbing material market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
Q1. What is the radar absorbing material market size?
Answer: The global radar absorbing material market is expected to reach an estimated $0.7 billion by 2030.
Q2. What is the growth forecast for radar absorbing material market?
Answer: The global radar absorbing material market is expected to grow with a CAGR of 4.3% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the radar absorbing material market?
Answer: The major drivers for this market are growing interest in stealth aircraft, technological developments in electronics to reduce radar visibility and increasing demand from the military, commercial, and civilian sectors for unmanned aircraft.
Q4. What are the major segments for radar absorbing material market?
Answer: The future of the radar absorbing material market looks promising with opportunities in the military and commercial markets.
Q5. Who are the key radar absorbing material market companies?
Answer: Some of the key radar absorbing material companies are as follows.
Q6. Which radar absorbing material market segment will be the largest in future?
Answer: Lucintel forecasts that magnetic will remain the largest segment over the forecast period because of its superior qualities including high magnetic loss and permeability, and it requires just tenth the thickness of dielectric absorbers in order to reduce the radar cross-section (RCS) by the same amount.
Q7. In radar absorbing material market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to greater investments made by the nations in this region in electronic and communication technology, as well as, rising investment in research & development activities in united states.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.