Radar Systems Market 2022-2028

Description

List of Tables

Title: Global Radar Systems Market Size, Share and Trends Analysis Report, By Type (Ground-Based, Naval, Airborne, and Space-Based), By Application (Air Traffic Control, Remote Sensing, Ground Traffic Control, and Space Navigation & Control) Forecast Period (2022-2028).

The global radar systems market is anticipated to grow at a CAGR of 4.5% during the forecast period. The rising launches of radar systems are offering an opportunity for market growth. For instance, in June 2022, as part of the latest presidential drawdown package for Ukraine, $700 million, the Defense Department has included four M142 High Mobility Artillery Rocket Systems or HIMARS. In addition to the four HIMARS systems, this latest package of equipment for Ukraine will include five counter-artillery radar systems; two air-surveillance radars; 1,000 Javelins and 50 command launch units; 6,000 anti-armour weapons; 15,000 155-mm artillery rounds; four Mi-17 helicopters; 15 tactical vehicles; and additional spare parts and equipment.

The global radar systems market is segmented based on the type and application. Based on the type, the market is segmented into ground-based, naval, airborne, and space-based. Based on the application, the market is sub-segmented into air traffic control, remote sensing, ground traffic control, and space navigation & control. Based on the application, the remote sensing segment is estimated to drive market growth during the forecast period. The above-mentioned segments can be customized as per the requirements.

The global radar systems market is further segmented based on geography including North America (the US and Canada), Europe (UK, Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East & Africa and Latin America). North American region dominates the market across the globe. The presence of established key players is boosting the growth of the market. The presence of major players such as Lockheed Martin Corp., Northrop Grumman Corp., and Raytheon Technologies Corp. is supporting to drive the market growth in the region.

The major companies serving the global radar systems market include BAE Systems plc, Lockheed Martin Corp., General Dynamics Corp., SAAB AB, and Northrop Grumman Corp. The market players are contributing to the market growth by the adoption of various strategies including mergers and acquisitions, collaborations, and new product launches, to stay competitive in the market. For instance, in March 2021, the defense ministries of Slovakia and Israel signed an agreement to purchase radar systems. Under this agreement, the Israel ministry will provide seventeen radar systems to the Slovakia air force.

Research Methodology

The market study of the global radar systems market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to break down the market into various segments, and derive the total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.

Secondary Sources Include:

Financial reports of companies involved in the market.

Whitepapers, research papers, and news blogs.

Company websites and their product catalog.

The report provides an in-depth analysis of the market size and the intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.

Market Segmentation

Global Radar Systems Market Research and Analysis by Type
Global Radar Systems Market Research and Analysis by Application

The Report Covers:

Comprehensive research methodology of the global radar systems market.
This report also includes a detailed and extensive market overview with key analyst insights.
An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
Analysis of regional regulations and other government policies impacting the global radar systems market.
Insights about market determinants that are stimulating the global radar systems market.
Detailed and extensive market segments with the regional distribution of forecasted revenues.
Extensive profiles and recent developments of market players.

Product Code: OMR2026834

1. Report Summary

Current Industry Analysis and Growth Potential Outlook
Recovery Scenario of Global Radar Systems Market
1.1. Research Methods and Tools
1.2. Market Breakdown
- 1.2.1. By Segments
- 1.2.2. By Region

2. Market Overview and Insights

2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
- 2.2.1. Key Findings
- 2.2.2. Recommendations
- 2.2.3. Conclusion

3. Competitive Landscape

3.1. Key Company Analysis
- 3.1.1. BAE Systems plc
  - 3.1.1.1. Overview
  - 3.1.1.2. Financial Analysis
  - 3.1.1.3. SWOT Analysis
  - 3.1.1.4. Recent Developments
- 3.1.2. Lockheed Martin Corp.
  - 3.1.2.1. Overview
  - 3.1.2.2. Financial Analysis
  - 3.1.2.3. SWOT Analysis
  - 3.1.2.4. Recent Developments
- 3.1.3. General Dynamics Corporation
  - 3.1.3.1. Overview
  - 3.1.3.2. Financial Analysis
  - 3.1.3.3. SWOT Analysis
  - 3.1.3.4. Recent Developments
- 3.1.4. SAAB AB
  - 3.1.4.1. Overview
  - 3.1.4.2. Financial Analysis
  - 3.1.4.3. SWOT Analysis
  - 3.1.4.4. Recent Developments
- 3.1.5. Northrop Grumman Corp.
  - 3.1.5.1. Overview
  - 3.1.5.2. Financial Analysis
  - 3.1.5.3. SWOT Analysis
  - 3.1.5.4. Recent Developments
3.2. Key Strategy Analysis

4. Market Segmentation

4.1. Global Radar Systems Market by Type
- 4.1.1. Ground based
- 4.1.2. Naval
- 4.1.3. Airborne
- 4.1.4. Space based
4.2. Global Radar Systems Market by Application
- 4.2.1. Air Traffic Control
- 4.2.2. Remote Sensing
- 4.2.3. Ground Traffic Control
- 4.2.4. Space Navigation & Control

5. Regional Analysis

5.1. North America
- 5.1.1. United States
- 5.1.2. Canada
5.2. Europe
- 5.2.1. UK
- 5.2.2. Germany
- 5.2.3. Italy
- 5.2.4. Spain
- 5.2.5. France
- 5.2.6. Rest of Europe
5.3. Asia-Pacific
- 5.3.1. China
- 5.3.2. India
- 5.3.3. Japan
- 5.3.4. South Korea
- 5.3.5. Rest of Asia-Pacific
5.4. Rest of the World

6. Company Profiles

6.1. Airbus SE
6.2. Elbit Systems
6.3. Garmin Ltd.
6.4. General Dynamics Corp.
6.5. Honeywell International Inc.
6.6. Infineon Technologies AG
6.7. Israel Aerospace Industries Ltd.
6.8. L3Harris Technologies
6.9. Leonardo S.p.A.
6.10. Mitsubishi Electric Corp.
6.11. NXP Semiconductors N.V.
6.12. Raytheon Technologies Corp
6.13. Rockwell Collins, Inc.
6.14. SRC Inc.
6.15. Thales S.A.