Europe Naval System Surveillance Radar Market Forecast to 2028– COVID-19 Impact and Regional Analysis– by Type (X-band and Ku-band, L-Band and S-band, and Others) and Application (Weapon Guidance System and Surveillance)

Europe Naval System Surveillance Radar Market Forecast to 2028– COVID-19 Impact and Regional Analysis– by Type (X-band and Ku-band, L-Band and S-band, and Others) and Application (Weapon Guidance System and Surveillance)

The naval system surveillance radar market in Europe is expected to grow from US$ 1,087.93 million in 2022 to US$ 1,727.08 million by 2028. It is estimated to grow at a CAGR of 8.0% from 2022 to 2028.
Growing Importance of Naval Surveillance Systems
The days of monitoring coastline and submarine solely with human eyes, hoping to detect repeat offenders and known criminals using sometimes-out-of-date paper, are long gone (although still a vital part of the effort). Satellites and sensor-equipped unmanned aerial vehicles (UAVs), ships, boats, and naval ports constantly monitor the country's borders and coastlines. The rapidly growing need for interdiction, the wide range of sensors and platforms currently in use or planned, and the dozens of local, state, and federal agencies involved have all increased the need for shared intelligence at all levels via real-time networks, advanced communications systems, and artificial intelligence (AI). Further, refugee ships are currently one of the most pressing issues on the high seas, so the naval surveillance operations are critical for ensuring that all activities on the seas or oceans are conducted securely and that national and international security is not harmed. Additionally, the Europe naval system surveillance radar market is driven by increasing marine safety and national safety awareness and an increase in trade and freight transport activities by the sea. Furthermore, increasing security concerns, rapid development in international marine trade, and regulatory compliance for maritime trade contribute to naval system surveillance radar market growth. Thus, implementing various rules and regulations for the better integration and regulation of maritime advanced security and surveillance system boosts the Europe naval system surveillance radar market growth.

Market Overview

Germany, France, Italy, the UK, Russia, and the Rest of Europe are the key contributors to the naval system surveillance radar market in the Europe. Well-established military & defense sectors are driving the demand for naval system surveillance radar across Europe. According to the report published by SIPRI in 2021, the military spending in Europe was US$ 418 billion, and the funding was implemented for various projects to improve surveillance and radar systems across North Atlantic Treaty Organization (NATO) allies and all the (European Union) EU member states. Thus, high military expenses across European countries drive the growth of the Europe naval system surveillance radar market across Europe. Europe is witnessing a rising penetration of advanced naval technologies, leading to the growing adoption of naval system surveillance radar. Further, in January 2020, Indra opened Spain's largest radar factory, which is one of the largest in Europe. Indra has centralized the production of all of its radar systems in a 7000-square-meter facility. The majority of next-generation radars will be sold to governments worldwide. The company’s initiatives to develop radar systems in the Europe region by opening the factory are boosting the Europe naval system surveillance radar market growth in the region. Further, in September 2021, Thales was awarded a contract to supply the Albatros Maritime Surveillance and Intervention Aircraft (AVSIMAR) program with its SEARCHMASTER surveillance radar and mission navigation system. This new initiative across regions drives the growth of the Europe naval system surveillance radar market across Europe.
Europe Naval System Surveillance Radar Market Revenue and Forecast to 2028 (US$ Million)

Europe Naval System Surveillance Radar Market Segmentation

The Europe naval system surveillance radar market is segmented into type, application, and country. Based on type, the market is segmented into x-band and ku-band, l-band and s-band, and others. The x-band and ku-band segment registered the largest market share in 2022.
Based on application, the market is bifurcated into weapon guidance system and surveillance. The surveillance segment held a larger market share in 2022.
Based on country, the market is segmented into Germany, France, Italy, UK, Russia, and Rest of Europe. Russia dominated the market share in 2022.
Lockheed Martin Corporation; Northrop Grumman Corporation; Raytheon Technologies Corporation; Saab AB; Thales Group; BAE Systems; Israel Aerospace Industries Ltd; Leonardo S.p.a; Ultra; and HENSOLDT. are the leading companies operating in the Europe naval system surveillance radar market in the region.

Reasons to buy

Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Europe naval system surveillance radar market.
Highlights key business priorities in order to assist companies to realign their business strategies
The key findings and recommendations highlight crucial progressive industry trends in the Europe naval system surveillance radar market, thereby allowing players across the value chain to develop effective long-term strategies
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the naval system surveillance radar market, as well as those hindering it
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution


1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe Naval System Surveillance Radar Market Landscape
4.1 Market Overview
4.2 Porter’s Five Force Analysis
4.2.1 Bargaining Power of Buyers
4.2.2 Bargaining Power of Suppliers
4.2.3 Threat to New Entrants
4.2.4 Threat to Substitutes
4.2.5 Competitive Rivalry
4.3 Ecosystem Analysis
5. Europe Naval System Surveillance Radar Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Growing Importance of Naval Surveillance Systems
5.1.2 Rise in Procurement of Naval System Surveillance Radar
5.2 Market Restraints
5.2.1 Design Constraints and Component Failure Due to Environment Conditions
5.3 Market Opportunities
5.3.1 Modernization of Conventional Naval System Surveillance Radar
5.4 Trends
5.4.1 Integration of Advanced Technology with Naval Radars
5.5 Impact Analysis of Drivers and Restraints
6. Naval System Surveillance Radar Market –Europe Market Analysis
6.1 Naval System Surveillance Radar Market Forecast and Analysis
7. Europe Naval System Surveillance Radar Market Analysis – by Type
7.1 Overview
7.2 Naval System Surveillance Radar Market, By Type (2021 and 2028)
7.3 X-band and Ku-band
7.3.1 Overview
7.3.2 X-Band and Ku-Band: Naval System Surveillance Radar Market – Revenue and Forecast to 2028 (US$ Million)
7.4 L-band and S-band
7.4.1 Overview
7.4.2 L-band and S-band: Naval System Surveillance Radar Market – Revenue and Forecast to 2028 (US$ Million)
7.5 Others
7.5.1 Overview
7.5.2 Others: Naval System Surveillance Radar Market – Revenue and Forecast to 2028 (US$ Million)
8. Europe Naval System Surveillance Radar Market Analysis – by Application
8.1 Overview
8.2 Naval System Surveillance Radar Market, By Application (2021 and 2028)
8.3 Weapon Guidance System
8.3.1 Overview
8.3.2 Weapon Guidance System: Naval System Surveillance Radar Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Surveillance
8.4.1 Overview
8.4.2 Surveillance: Naval System Surveillance Radar Market – Revenue and Forecast to 2028 (US$ Million)
9. Europe Naval System Surveillance Radar Market – Country Analysis
9.1 Overview
9.1.1 Europe: Naval System Surveillance Radar Market, by Key Country
9.1.2 Europe: Naval System Surveillance Radar Market, by Key Country
9.1.2.1 France: Naval System Surveillance Radar Market – Revenue and Forecast to 2028 (US$ Million)
9.1.2.1.1 France: Naval System Surveillance Radar Market, by Type
9.1.2.1.2 France: Naval System Surveillance Radar Market, by Application
9.1.2.2 Germany: Naval System Surveillance Radar Market – Revenue and Forecast to 2028 (US$ Million)
9.1.2.2.1 Germany: Naval System Surveillance Radar Market, by Type
9.1.2.2.2 Germany: Naval System Surveillance Radar Market, by Application
9.1.2.3 Italy: Naval System Surveillance Radar Market – Revenue and Forecast to 2028 (US$ Million)
9.1.2.3.1 Italy: Naval System Surveillance Radar Market, by Type
9.1.2.3.2 Italy: Naval System Surveillance Radar Market, by Application
9.1.2.4 UK: Naval System Surveillance Radar Market – Revenue and Forecast to 2028 (US$ Million)
9.1.2.4.1 UK: Naval System Surveillance Radar Market, by Type
9.1.2.4.2 UK: Naval System Surveillance Radar Market, by Application
9.1.2.5 Russia: Naval System Surveillance Radar Market – Revenue and Forecast to 2028 (US$ Million)
9.1.2.5.1 Russia: Naval System Surveillance Radar Market, by Type
9.1.2.5.2 Russia: Naval System Surveillance Radar Market, by Application
9.1.2.6 Rest of Europe: Naval System Surveillance Radar Market – Revenue and Forecast to 2028 (US$ Million)
9.1.2.6.1 Rest of Europe: Naval System Surveillance Radar Market, by Type
9.1.2.6.2 Rest of Europe: Naval System Surveillance Radar Market, by Application
10. Industry Landscape
10.1 Overview
10.2 Market Initiative
10.3 New Product Development
11. Company Profiles
11.1 Lockheed Martin Corporation
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 Northrop Grumman Corporation
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 Raytheon Technologies Corporation
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 Saab AB
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 Thales Group
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 BAE Systems
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 Israel Aerospace Industries Ltd.
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
11.8 Leonardo S.p.A.
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.8.6 Key Developments
11.9 Ultra
11.9.1 Key Facts
11.9.2 Business Description
11.9.3 Products and Services
11.9.4 Financial Overview
11.9.5 SWOT Analysis
11.9.6 Key Developments
11.10 HENSOLDT
11.10.1 Key Facts
11.10.2 Business Description
11.10.3 Products and Services
11.10.4 Financial Overview
11.10.5 SWOT Analysis
11.10.6 Key Developments
12. Appendix
12.1 About The Insight Partners
12.2 Word Index
LIST OF TABLES
Table 1. Europe Naval System Surveillance Radar Market – Revenue and Forecast to 2028 (US$ Million)
Table 2. France: Naval System Surveillance Radar Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 3. France: Naval System Surveillance Radar Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 4. Germany: Naval System Surveillance Radar Market, by Type– Revenue and Forecast to 2028 (US$ Million)
Table 5. Germany: Naval System Surveillance Radar Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 6. Italy: Naval System Surveillance Radar Market, by Type– Revenue and Forecast to 2028 (US$ Million)
Table 7. Italy: Naval System Surveillance Radar Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 8. UK: Naval System Surveillance Radar Market, by Type– Revenue and Forecast to 2028 (US$ Million)
Table 9. UK: Naval System Surveillance Radar Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 10. Russia: Naval System Surveillance Radar Market, by Type– Revenue and Forecast to 2028 (US$ Million)
Table 11. Russia: Naval System Surveillance Radar Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 12. Rest of Europe: Naval System Surveillance Radar Market, by Type– Revenue and Forecast to 2028 (US$ Million)
Table 13. Rest of Europe: Naval System Surveillance Radar Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 14. List of Abbreviation
  
LIST OF FIGURES
Figure 1. Europe Naval System Surveillance Radar Market Segmentation
Figure 2. Europe Naval System Surveillance Radar Segmentation – By Country
Figure 3. Europe Naval System Surveillance Radar Market Overview
Figure 4. Europe Naval System Surveillance Radar Market, By Type
Figure 5. Europe Naval System Surveillance Radar Market, By Application
Figure 6. Europe Naval System Surveillance Radar Market, By Country
Figure 7. Europe Naval System Surveillance Radar Market: Porter’s Five Forces Analysis
Figure 8. Europe Ecosystem Analysis
Figure 9. Europe Naval System Surveillance Radar Market: Impact Analysis of Drivers and Restraints
Figure 10. Europe Naval System Surveillance Radar Market Forecast and Analysis (US$ Million)
Figure 11. Europe Naval System Surveillance Radar Market Revenue Share, by Type (2021 and 2028)
Figure 12. Europe X-band and Ku-band: Naval System Surveillance Radar Market – Revenue and Forecast to 2028 (US$ Million)
Figure 13. Europe L-band and S-band: Naval System Surveillance Radar Market – Revenue and Forecast to 2028 (US$ Million)
Figure 14. Europe Others: Naval System Surveillance Radar Market – Revenue and Forecast to 2028 (US$ Million)
Figure 15. Europe Naval System Surveillance Radar Market Revenue Share, by Application (2021 and 2028)
Figure 16. Europe Weapon Guidance System: Naval System Surveillance Radar Market – Revenue and Forecast to 2028 (US$ Million)
Figure 17. Europe Surveillance: Naval System Surveillance Radar Market – Revenue and Forecast to 2028 (US$ Million)
Figure 18. Europe: Naval System Surveillance Radar Market Revenue Share, by Key Country (2021 and 2028)
Figure 19. Europe: Naval System Surveillance Radar Market Revenue Share, by Key Country (2021 and 2028)
Figure 20. France: Naval System Surveillance Radar Market – Revenue and Forecast to 2028 (US$ Million)
Figure 21. Germany: Naval System Surveillance Radar Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. Italy: Naval System Surveillance Radar Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. UK: Naval System Surveillance Radar Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. Russia: Naval System Surveillance Radar Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25. Rest of Europe: Naval System Surveillance Radar Market – Revenue and Forecast to 2028 (US$ Million)

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings