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X Band Radar Market : Global Demand Analysis & Opportunity Outlook 2021

Published On : 05:52 AM, 15th November, 2017 REP-ID-145 Category: ICT & Electronics

Global X Band Radar Market Overview

X band radar technology is basically used for air traffic control at airport, wide range surveillance, and lots of defense applications. There are two types of X band radar systems used for different purposes. First is mobile X band radar (9.375 GHz, 3cm), the radar has a variety of applications like information related to tropical cyclones, cloud microphysics, hydrology and urban rainfall. Mobile X band radar is generally deployed at coastal areas. Second is sea based X band radar; radar is mounted on a floating tower attached in the sea. The radar is designed to operate in high winds and high tides and basically used for military and defense purposes. A continuous watch required by the border security forces, increased terror activities in Europe, Africa & Middle East have forced the defense, government and commercial segment to adopt and install X band radar. Due to the growing need of advance security and surveillance system, governments across the world now need complete security and surveillance in order to safeguard people in their country from upcoming threats. The vendors of aerospace and defense equipment are also aiming at developing advance security and surveillance systems technology that can detect threat from long distance.

Market segmentation

1. By Type:-

There are two types of X band radar used for different purposes.

  • Mobile X band radar
  • Sea X band radar

2. By Application:-

 On the basis of application, the global X band market can be categorized into following segments                      

                           Global X Band Radar Market Segmentation

3. By Region:-

Geographically, the global X band market can be segmented in to following regions:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia-Pacific
  • Middle East & Africa

Growth drivers and challenges

A continuous up-surged trading through waterways to allow the implementation of X-band radars in ships and harbors in near future. Further, launch of new military communication satellite, growing demand of defense securities and shortage of vendors are the main growth drivers of global X band market. However, factors like strict government regulations, congestion faced in X-band frequency due to spiked usage in commercial sector and restraints from government agencies to allocate this frequency range for commercial purposes to dampen the market growth in near future.

Market size and forecast

           X Band Radar market

X-band radar market is expected to project a significant compound annual growth rate of 3.49% between 2015 and 2020. The market is estimated to be valued at $4.32 billion by the end of 2015 and is expected to uplift further in near future. The development and launch of several new satellites through different programs are expected to have a positive impact on market growth during the forecast period. Further, Americas is projected to account for the largest market share during the forecast period by expanding at CAGR of >4% by 2021. The market is further expected to receive positive movement with the increased global seaborne trade; expected to reach 24 billion tons.

Key players

Following are the leading players providing X band radar across the globe:-

  • Israel Aerospace Industries (IAI)
  • Northrop Grumman
  • Raytheon
  • Reutech Radar Systems
  • Saab Group
  • Japan Radio Company Limited
  • Furuno Electric Co Ltd
  • Prosensing Inc

Scope and Context

Overview of the Parent Market

Analyst View

Market Size and Growth

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil, Rest of Latin America)
  • Western and Eastern Europe (Germany, Italy, Spain, France, U.K, Benelux, Hungary, Rest Of Western Europe, Russia Poland, Rest of Eastern Europe)
  • Asia-Pacific (China, India, Singapore, Japan, Australia & New Zealand & Rest of Asia)
  • Middle East and North Africa (MENA)
  • Rest of World

Segmentation

  • By Equipment Type
  • By Application
  • By Region

Market Dynamics

Supply & Demand Risk

Competitive Landscape

Porter’s Five Force Model

Geographical Economic Activity

Key Players (respective SWOT Analysis) and their Strategies and Product Portfolio

Recent Trends and Developments

Industry Growth Drivers and Challenges

Key Information for Players to establish themselves in current dynamic environment

 

               Key Answers Captured in Report?

Which geography would have better demand for product/services?
What are the strategies adopted by big players in the regional market?
Which country would see the steep rise in CAGR & year-on-year (Y-O-Y) growth?
What is the current & expected market size in next five years?
What is the market feasibility for long term investment?
What opportunity the country would offer for existing and new players in the market?
What is risk involved for suppliers in the geography?
What factors would drive the demand for the product/service in near future?
What is the impact analysis of various factors in the market growth?
What are the recent trends in the regional market and how successful they are?

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