Global Navigational Radar Market Growth 2023-2029

Global Navigational Radar Market Growth 2023-2029

LPI (LP Information)' newest research report, the “Navigational Radar Industry Forecast” looks at past sales and reviews total world Navigational Radar sales in 2022, providing a comprehensive analysis by region and market sector of projected Navigational Radar sales for 2023 through 2029. With Navigational Radar sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Navigational Radar industry.

This Insight Report provides a comprehensive analysis of the global Navigational Radar landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Navigational Radar portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Navigational Radar market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Navigational Radar and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Navigational Radar.

The global Navigational Radar market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

United States market for Navigational Radar is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Navigational Radar is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Navigational Radar is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Navigational Radar players cover Furuno Electric Co., Ltd., Lockheed Martin Corporation, Northrop Grumman Corporation, Raytheon Company, Saab AB, Japan Radio Co. Ltd., Bae Systems, Johnson Outdoors Inc. and Alphatron Marine BV, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of Navigational Radar market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
X Band Radar
S Band Radar

Segmentation by application
Merchant Marine
Fishing Vessel
Yacht/Recreational
Military Naval

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Furuno Electric Co., Ltd.
Lockheed Martin Corporation
Northrop Grumman Corporation
Raytheon Company
Saab AB
Japan Radio Co. Ltd.
Bae Systems
Johnson Outdoors Inc.
Alphatron Marine BV
Garmin
Wartsila Sam Electronics GmbH
Transas Marine International AB
Flir Systems, Inc.
Navico Inc.
Tokyo Keiki Inc.
Gem Elettronica
Rutter Inc.
Kelvin Hughes Limited
Koden Electronics Co., Ltd.
Kongsberg Maritime AS

Key Questions Addressed in this Report

What is the 10-year outlook for the global Navigational Radar market?

What factors are driving Navigational Radar market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Navigational Radar market opportunities vary by end market size?

How does Navigational Radar break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.