Global Surveillance Radars Market Growth 2024-2030
According to our LPI (LP Information) latest study, the global Surveillance Radars market size was valued at US$ 8488.5 million in 2023. With growing demand in downstream market, the Surveillance Radars is forecast to a readjusted size of US$ 13540 million by 2030 with a CAGR of 6.9% during review period.
The research report highlights the growth potential of the global Surveillance Radars market. Surveillance Radars are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Surveillance Radars. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Surveillance Radars market.
The surveillance radars market is projected to grow from USD 8.3 billion in 2019 to USD 11.9 billion by 2025, at a CAGR of 6.3% from 2019 to 2025. Some of the factors that are expected to fuel the growth of the surveillance radars market are the growing need for 3D air defense radars, growing demand for drone detection radars for airports, and ongoing military modernizations globally, among others.
Key Features:
The report on Surveillance Radars market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Surveillance Radars market. It may include historical data, market segmentation by Type (e.g., 2D, 3D), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Surveillance Radars market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Surveillance Radars market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Surveillance Radars industry. This include advancements in Surveillance Radars technology, Surveillance Radars new entrants, Surveillance Radars new investment, and other innovations that are shaping the future of Surveillance Radars.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Surveillance Radars market. It includes factors influencing customer ' purchasing decisions, preferences for Surveillance Radars product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Surveillance Radars market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Surveillance Radars market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Surveillance Radars market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Surveillance Radars industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Surveillance Radars market.
Market Segmentation:
Surveillance Radars market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Segmentation by type
2D
3D
4D
Segmentation by application
Commercial
Defense & Space
National Security
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.
Aselsan A/S (Turkey)
FLIR Systems, Inc. (US)
Lockheed Martin Corporation (US)
Hensoldt (Germany)
Raytheon Company (US)
Saab AB (Sweden)
Thales Group (France)
Israel Aerospace Industries Ltd. (Israel)
L3Harris (US)
Elbit Systems Ltd. (Israel)
Leonardo S.p.A (Italy)
Key Questions Addressed in this Report
What is the 10-year outlook for the global Surveillance Radars market?
What factors are driving Surveillance Radars market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Surveillance Radars market opportunities vary by end market size?
How does Surveillance Radars break out type, application?
Please note: The report will take approximately 2 business days to prepare and deliver.