Over the Horizon Radar Market Report: Trends, Forecast and Competitive Analysis to 2030

Over the Horizon Radar Market Report: Trends, Forecast and Competitive Analysis to 2030

Over the Horizon Radar Trends and Forecast

The future of the global over the horizon radar market looks promising with opportunities in the airborne, land based, and naval radar system markets. The global over the horizon radar market is expected to reach an estimated $1.8 billion by 2030 with a CAGR of 6.8% from 2024 to 2030. The major drivers for this market are rising demand for early warning systems, growing focus on border security and surveillance, and emergence of 3D radar system.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Over the Horizon Radar by Segment

The study includes a forecast for the global over the horizon radar by product type, component, platform, and region.

Over the Horizon Radar Market by Product Type [Shipment Analysis by Value from 2018 to 2030]:

• Surveillance & Airborne Early Warning Radar
• Tracking & Fire Control Radar
• Multi-Function Radar
• Synthetic Aperture & Moving Target Indicator Radar
• Others

Over the Horizon Radar Market by Component [Shipment Analysis by Value from 2018 to 2030]:

• Antenna
• Transmitter
• Duplexer
• Receiver
• Others

Over the Horizon Radar Market by Platform [Shipment Analysis by Value from 2018 to 2030]:

• Airborne
• Land Based
• Naval Radar System

Over the Horizon Radar Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Over the Horizon Radar Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies over the horizon radar companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the over the horizon radar companies profiled in this report include-

• Lockheed Martin
• Raytheon
• Northrop Grumman
• Saab
• Thales
• BAE Systems
• Israel Aerospace Industries

Over the Horizon Radar Market Insights

Lucintel forecasts that surveillance & airborne early warning radar will remain the largest segment over the forecast period due to its critical role in long-range detection and monitoring of air and maritime activities.

Within this market, land based will remain the largest segment due to the widespread use of over the horizon radar in various applications such as defense, surveillance, and weather monitoring on the ground.

North America will remain the largest region over the forecast period due to high level of defense spending and presence of key players in the region.

Features of the Global Over the Horizon Radar Market

Market Size Estimates: Over the horizon radar market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Over the horizon radar market size by product type, component, platform, and region in terms of value ($B).

Regional Analysis: Over the horizon radar market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different product type, component, platform, and regions for the over the horizon radar market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the over the horizon radar market.

Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the over the horizon radar market size?

Answer: The global over the horizon radar market is expected to reach an estimated $1.8 billion by 2030.

Q2. What is the growth forecast for over the horizon radar market?

Answer: The global over the horizon radar market is expected to grow with a CAGR of 6.8% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the over the horizon radar market?

Answer: The major drivers for this market are rising demand for early warning systems, growing focus on border security and surveillance, and emergence of 3D radar system.

Q4. What are the major segments for over the horizon radar market?

Answer: The future of the over the horizon radar market looks promising with opportunities in the airborne, land based, and naval radar system markets.

Q5. Who are the key over the horizon radar market companies?

Answer: Some of the key over the horizon radar companies are as follows:

• Lockheed Martin
• Raytheon
• Northrop Grumman
• Saab
• Thales
• BAE Systems
• Israel Aerospace Industries

Q6. Which over the horizon radar market segment will be the largest in future?

Answer: Lucintel forecasts that surveillance & airborne early warning radar will remain the largest segment over the forecast period due to its critical role in long-range detection and monitoring of air and maritime activities.

Q7. In over the horizon radar market, which region is expected to be the largest in next 5 years?

Answer: North America will remain the largest region over the forecast period due to high level of defense spending and presence of key players in the region.

Q8. Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the over the horizon radar market by product type (surveillance & airborne early warning radar, tracking & fire control radar, multi-function radar, synthetic aperture & moving target indicator radar, and others), component (antenna, transmitter, duplexer, receiver, and others), platform (airborne, land based, and naval radar system), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

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