The global continuous wave radar system market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). Continuous wave radar system is an advanced technology of electromagnetic system that identifies phase difference of transmitted signals from stable frequency continuous wave radar system to reflect object. This system is applicable at opposite ends of the range spectrum for classification and detection of people depending on various characteristics and Doppler signatures that are generated by body parts including arms, torso, and legs when in a motion. Continuous wave radar system offers a broad spectrum of security and protection perimeter applications as it is a more economical solution and can detect target velocity by enabling a doppler shift.
The rising emergence of continuous wave radar systems in unmanned vehicles and anti-missile systems owing to tracking and recognizing the object is supporting the growth of the global continuous wave radar system market. To avoid collision with a moving or static object concerning security-related issues is further anticipated to flourish the market growth during the forecast period. The rising deployment of continuous wave radar systems in various automobiles including passenger cars, transport vehicles to track and assist vehicles with in-cruise control, in-lane changing, and collision warnings by measuring relative velocity with a low power transmission with wirelessly connected devices. This factor will contribute to significant growth opportunities for the market during the forecast period.
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Besides, the key players present in the global continuous wave radar system market include Lockheed Martin Corp., Rockwell Collins, and BAE Systems plc, among others, adopted various strategies that include product launches, mergers, and acquisitions, among others to remain competitive in the market. For instance, in June 2020, Longbow LLC, a joint venture between Northrop Grumman and Lockheed Martin Corp. announced the launch of the 500th APG-78 LONGBOW Fire Control Radar for AH-64 Apache helicopter. The APG-78 LONGBOW FCR is designed with efficient features to automatically detect the target site, classification, location, and prioritization that enable multi-target, rapid detection solutions even in harsh weather conditions.
Market Coverage
· The market number available for – 2020-2027
· Base year- 2020
· Forecast period- 2021-2027
· Segment Covered-
· By Type
· By Component
· By Industry Vertical
· Competitive Landscape- Lockheed Martin Corp., Rockwell Collins, and BAE Systems plc, among others.
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Global Continuous Wave Radar System Market Report Segmentation
By Type
· Modulated
· Unmodulated
By Component
· Transmitter
· Receiver
· Antenna
· Others
By Industry Vertical
· Aerospace & Defense
· Commercial
· Industrial
· Automotive
· Others
Global Continuous Wave Radar System Market by Region
North America
· United States
· Canada
Europe
· UK
· Germany
· Spain
· France
· Italy
· Rest of Europe
Asia-Pacific
· India
· China
· Japan
· South Korea
· Rest of APAC
Rest of the World
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