Coherent radars extract information about nearby targets through measurement of phase of echoes, which is done on observation. Information passed can be reflected as electronic pulses and can be used to improve distortion, which identifies any nearby threat or potential attack. Coherent radar systems use the Doppler Effect to resolve its location.
MARKET SCOPE
The "Global Coherent Radar 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 coherent radar market with detailed market segmentation by platform, application, type and geography. The report provides key statistics on the market status of the leading coherent radar market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on platform, the global coherent radar market is segmented into airborne, terrestrial, naval
- On the basis of application, the market is segmented commercial and civil, defense and security
- On the basis of type, the market is segmented surveillance and airborne warning radar, tracking and fire control radar, multi-function radar, aircraft traffic control radar, weather radar
MARKET DYNAMICS
Drivers:
- The rise in terrorism, illicit trade, and trafficking, geopolitical tensions in certain geographies have led to a rise in defense expenditure on modernizing the surveillance technology, such as coherent radar, to detect any potential threat.
- The rapid digitization of the battlefield has fostered the adoption of C4ISR systems to gain a tactical edge over the hostile forces. These include the assimilation of data from a variety of sources, including passive detection and monitoring through the use of coherent radars, thereby driving the adoption of such systems.
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 coherent radar 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 coherent radar market in these regions.
IMPACT OF COVID-19 ON COHERENT RADAR 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 coherent radar 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 coherent radar market are anticipated to lucrative growth opportunities in the future with the rising demand for coherent radar in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the coherent radar 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.
- HENSOLDT Holding Germany GmbH
- BAE Systems plc
- IAI Group
- Leonardo S.p.A.
- Raytheon Technologies.
- Lockheed Martin Corporation
- Thales Group
- Saab AB
- L3Harris Technologies, Inc.
- Honeywell International Inc.