3D Radar is defined as a three-dimensional radar that is widely applicable for radar ranging, azimuth for direction and elevation in three dimensional solutions. 3D Radar performs mission critical operations in weather monitoring, air defense and surveillance among others.
The Global 3D Radar Market is anticipated to grow at a significant growth rate with $1,775.0 million by 2022 and is expected to witness a CAGR of 5.2% during the forecast period 2021-2027. The traditional combat system has been replaced by the rapid innovative technological development with modern welfare and advanced combat technologies which include network-centric warfare and electronic warfare. This in turn, is projected to drive the growth of the Global 3D Radar Market in the forecast period.
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The Global 3D Radar Market is segmented on the basis of Range, Frequency Band, Platform and Region. Based on the Range, it is segmented into Long, Medium and Short Range. Whereas, the long- range segment dominated others segment, due to its growing demand in weather forecast, as it is applicable in the prediction of floods, cyclones, hurricanes, earthquakes and other natural calamities. The long range 3D Radar is expected to propel the growth of the Global 3D Radar Market during the forecast period, due to its weather monitoring application. Based on the platform, the market is segmented into airborne, ground and naval. Whereas, the ground 3D radar segment is projected to propel the growth of the market. Moreover, the airborne 3D radar market segment is focusing on adoption of several strategies such as – enabling the use of airborne UAVs (unmanned aerial vehicles). This specialization and increasing demand for ground and airborne 3D radar will positively impact the growth of the market and is expected to raise the size, values and revenues of 3D Radar Market globally. Based on the region segment, the North-American segment is projected to lead the market as it serves leading manufacturers such as- Northrop Grumman Corp, Airbus Defense and Space, Rockwell Collins inc. for manufacturing, production and development of 3D Radar, and significantly influence the growth of market and raise the market value of Global 3D Radar Market.
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Market Coverage
- The market number available for – 2020-2027
- Base year- 2020
- Forecast period- 2021-2027
- Segment Covered-
o By Range
o By Platform
o By Frequency Band
- Competitive Landscape- Airbus Defence and Space, BAE Systems Plc, ELTA Systems Ltd., Leonardo S.p.A, Honeywell International Inc., Harris Corporation, Northrop Grumman Corporation, ASELSAN A.S., The Raytheon Company and Thales Group, and others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominates the market in base year?
- Which segment and region will project fastest growth in the market?
- How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global 3D Radar Market Report Segment
By Range
- Long Range
- Medium Range
- Short Range
By Platform
- Airborne
- Ground
- Naval
By Frequency Band
- C/S/X Band
- E/F Band
- L Band
- Others
