Airborne radar system is designed to detect aircraft, ships and vehicles at long ranges and perform control and command of the battle space in an air engagement by directing fighter and attack aircraft strikes. Airborne radars are very helpful in precise prediction of natural disasters such as floods, earthquakes, cyclones, and hurricanes. Additionally, airborn radar can be used as a long-range warning system which can detect enemy missiles, aircrafts etc. on the basis of their size, speed & speed.
MARKET SCOPE
The "Global Airborne Radars Market Analysis to 2028"? is a specialized and in-depth study of the aerospace and defense industry with a special focus on the global market trend analysis. The report aims to provide an overview of the airborne radars market with detailed market segmentation by component, technology, platform, dimensions, application and geography. The report provides key statistics on the market status of the leading airborne radars market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- based on component, the global airborne radars market is segmented into antenna, transmitter, duplexer, receiver, power amplifier, digital signal processor, others
- On the basis of technology, the market is segmented software-defined radar (SDR), conventional radar, quantum radar
- On the basis of platform, the market is segmented into commercial aircraft, military aircraft, business jets, helicopters, UAVS, UAM, aerostats
- On the basis of dimension, the market is segmented into 2D, 3D, 4D
- On the basis of application, the market is segmented into commercial and civil, defense and security
MARKET DYNAMICS
Drivers
- Increasing demand for phased array radar for better operational efficiency.
- Focus on development of compact radar for UAV platforms
- Demand for advanced weather monitoring radar.
- Technological advancements in airborne radar systems
- Increasing use of airborne radar-based geological surveying
Restrains
- High development and maintenance costs
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The airborne radars market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive porter's five forces analysis highlighting factors affecting the airborne radars market in these regions.
IMPACT OF COVID-19 ON AIRBORNE RADARS MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The report covers key developments in the airborne radars market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from airborne radars market are anticipated to lucrative growth opportunities in the future with the rising demand for airborne radars in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the airborne radars market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Lockheed Martin Corporation
- Northrop Grumman Corporation
- Thales Group
- Hensoldt AG
- Leonardo SPA
- BAE Systems
- Israel Aerospace Industries
- Saab AB
- Aselsan
- Elbit Systems
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.