Avalanche Radar Market By Type (Long Range, Short Range), By Component (Transmitter, Antennas, Receiver, Display), By End-User (Military and Defense, Government, Weather Monitoring): Global Opportunity Analysis and Industry Forecast, 2021-2031
The global avalanche radar market is envisioned to garner $64,412.5 million by 2031, growing from $1,501.4 million in 2021 at a CAGR of 46.1% from 2022 to 2031.
Avalanche radar is employed for tracking as well as detecting avalanches in real-time and in any weather conditions. It can also be used to track and detect other natural hazards such as rockfalls, debris flow, and landslides. Avalanche radar gives wide area coverage of up to 5 kilometers for evaluating potential avalanches. Avalanches can cause casualties and also damage to infrastructure. Therefore, early detection of avalanches is crucial. Avalanche radars help in detecting potential avalanches. The significant demand for avalanche radars is mainly attributed to the increase in avalanches in Europe.
Avalanche radars are comparatively more costly than conventional avalanche detection techniques. In addition, less demand from developing nations is some of the major factors that may hinder the avalanche radar market growth during the forecast timeframe.
The consequences of global warming are felt majorly in mountainous areas concerning both water resources and glacierized landscapes. Avalanches are natural disasters and frequently occur in mountainous ranges in Europe. This severely impacts the socio-economic development of such areas and disrupts traffic infrastructure and damages houses. Due to these problems, the demand for advanced avalanche detecting and tracking system such as avalanche radar is expected to increase and offer lucrative business opportunities to major avalanche market players.
The coronavirus pandemic halted many business activities globally, as almost all governments took various strict actions including the restriction on transportation activities, quarantine, social distancing, and lockdowns. Owing to these factors, the demand for avalanche radars declined drastically. Labor and raw material shortages slowed down or completely halted manufacturing operations as well as logistics activities. The avalanche radars are mainly employed in mountain ranges where tourism activities are high. The drop in the level of tourism activities in mountain ranges restricted the market prospects of avalanche radar during the pandemic.
The key players profiled in this report include Geobrugg AG, Wyssen Avalanche Control AG, GEOPRAEVENT AG, L.B. Foster Company, and others.
Key Benefits For Stakeholders
This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the avalanche radar market analysis from 2021 to 2031 to identify the prevailing avalanche radar market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the avalanche radar market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global avalanche radar market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Type
Long Range
Short Range
By Component
Transmitter
Antennas
Receiver
Display
By End-User
Military and Defense
Government
Weather Monitoring
By Region
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Spain
Italy
Rest of Europe
Asia-Pacific
China
India
Japan
South Korea
Australia
Rest of Asia-Pacific
LAMEA
Brazil
Saudi Arabia
UAE
South Africa
Rest of LAMEA
Key Market Players
geobrugg ag
Wyssenavalanche
Geopraevent
LBFoster
Please Note: It will take 7-10 business days to complete the report upon order confirmation.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook