Global Radar Systems and Technology Market Insights, Forecast to 2028

Global Radar Systems and Technology Market Insights, Forecast to 2028

Summary

Market Analysis and Insights: Global Radar Systems and Technology Market
The global Radar Systems and Technology market size is projected to reach US$ 26887.5 million by 2028, from US$ 20183.1 million in 2021, at a CAGR of 3.7% during 2022-2028.
Fully considering the economic change by this health crisis, Ground-Based Radar Systems accounting for 75.61% of the Radar Systems and Technology global market in 2021, is projected to value US$ 18868.3 million by 2028, growing at a revised 2.47% CAGR in the post-COVID-19 period. While Military and Defense segment is altered to an 3.18% CAGR throughout this forecast period.
China Radar Systems and Technology market size is valued at US$ 1989.2 million in 2021, while the North America and Europe Radar Systems and Technology are US$ 7085.5 million and US$ 4765.4 million, severally. The proportion of the North America is 35.11% in 2021, while China and Europe are 9.86% and 23.61% respectively, and it is predicted that China proportion will reach 11.42% in 2028, trailing a CAGR of 6.27% through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR 2.21%, 4.73%, and 6.42% respectively for the next 6-year period. As for the Europe Radar Systems and Technology landscape, Germany is projected to reach US$ 1209.5 million by 2028 trailing a CAGR of 2.69% over the forecast period.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Radar Systems and Technology market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Radar Systems and Technology market in terms of revenue.
Overall, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Radar Systems and Technology market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Radar Systems and Technology market.
Global Radar Systems and Technology Scope and Market Size
Radar Systems and Technology market is segmented by players, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Radar Systems and Technology market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2017-2028.

By Company
Lockheed Martin
Raytheon
Northrop Grumman
Saab Group
L3 Harris
BAE Systems
Leonardo SpA
Rheinmetall AG
Israel Aerospace Industries
Hensoldt
Aselsan
Thales
Indra Sistemas
Reutech Radar Systems
Terma

Segment by Type
Ground-Based Radar Systems
Airborne Radar Systems
Naval Radar Systems

Segment by Application
Military and Defense
Commercial and Civil

By Region
North America
United States
Canada
Mexico
Asia-Pacific
China
Japan
South Korea
India
Australia
Southeast Asia
Rest of Asia
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Saudi Arabia
Israel
Rest of MEA