Global X-Band Radar Market Highlights over 2020-2029
The global X-Band radar market is estimated to garner noteworthy CAGR over the forecast period, i.e., 2021–2029. The growth of the market can be attributed to the growing defense sector globally backed by growing security concerns among various nations in the world. Moreover, varied application of X-Band radars, including, weather forecast, airspace monitoring, air traffic management, naval security, and others, are estimated to significantly boost the market growth.
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The market is segmented by type into mobile and sea X-Band radar, out of which, the mobile segment is anticipated to hold the largest share in the market during the forecast period on account of application of mobile X-Band radar in border security, coastline security and commercial activities. On the basis of end-use, the market is segmented into defense, government, and civil, out of which, the defense segment is estimated to experience largest share over the forecast period, owing to the rising security concerns amidst rising terror activities.
Global X-Band Radar Market Regional Synopsis
Regionally, the global X-Band radar market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America, and Middle East & Africa region. The market in North America region is estimated to garner the largest share over the forecast period on the back of strong defense sector backed by high government funding in the defense industry in countries, such as, the U.S. Moreover, increasing investment in technological R&D activities, along with air traffic control, is estimated to boost the market growth in the region. The market in Asia Pacific is anticipated to witness the highest growth during the forecast period owing to the increasing international trade over the huge coastline, along with the rising need to combat terror activities. The market in Middle East and Africa is also projected to experience significant growth over the forecast period owing to the growing terrorism in the region.
The global X-Band radar market is further classified on the basis of region as follows:
- North America (U.S. & Canada) Market size, Y-O-Y growth & Opportunity Analysis
- Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth & Opportunity Analysis
- Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC, Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y growth & Opportunity Analysis
- Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market size, Y-O-Y growth & Opportunity Analysis.
- Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market size, Y-O-Y growth & Opportunity Analysis
Market Segmentation
Our in-depth analysis of the global X-Band radar market includes the following segments:
By Type
- Mobile X-Band Radar
- Sea X-Band Radar
By End-Use
- Defense
- Government
- Civil
By Application
- Satellite Communication
- Wireless Computer
- Weather Detection
- Others
Growth Drivers
- Growing Demand for Radars in Defense Sector
- Increasing International Trade through Waterways
- Constant Technological Advancements in Micro and Radio Waves
Challenges
- Restraints by Government on Commercial Use
Top Featured Companies Dominating the Market
- Japan Radio Co.
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- Hensoldt AG
- Terma A/S
- Israel Aerospace Industries Ltd.
- Northrop Grumman Corporation
- Raytheon Technologies Corporation
- Reutech Pty (Ltd)
- Saab AB
- Furuno Electric CO., LTD.
- Prosensing Inc.
