3D Radar Market Insights
3D Radar market is likely to witness an impressive CAGR of 5.2% during the forecast period. The emergence of modern warfare techniques with the fast-technological progressions has contributed to the substitution of conventional combat systems with advanced combat technologies, such as electronic warfare and network-centric warfare. This, in turn, is expected to nourish the growth of the global 3D radar market.
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3D Radar Market – Snapshot
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Growth
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5.2% for the next five years
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Major Range Type
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Long-range
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Dominant Platform
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Ground
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Region with the highest demand
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North America
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Key Players
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Airbus Defense and Space, ASELSAN A.S., BAE Systems Plc, ELTA Systems Ltd., Harris Corporation, Honeywell International Inc., Leonardo S.p.A, Northrop Grumman Corporation, The Raytheon Company, and Thales Group.
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3D Radar Market Share: By Frequency Band Type
Based on the frequency band type, the market is segmented as C/S/X Band, E/F Band, L Band, and others. A frequency band is an interval at which a specific radar transmits a signal. These frequency bands are differentiated by their wavelengths, which range from 0 GHz to 40 GHz. Radio frequency waves are transmitted through antennas into space that are then reflected from the targets.
3D Radar Market Share: By Range Type
Based on the range type, the market is segmented as long range, medium range, and short range. The long-range segment remained dominant in 2018, and it’s expected to maintain its dominance during the forecast period as well. A long-range 3D radar has earned popularity in the recent years, due to its increasing applicability in weather monitoring applications as it enables precise prediction of natural disasters, such as floods, earthquakes, cyclones, and hurricanes, this in turn is driving the growth of the segment.
3D Radar Market Share: By Platform Type
Based on the platform type, the market is segmented as airborne, ground, and naval. The ground segment is estimated to register the highest growth during the forecast period while the airborne segment remained dominant in 2018. The manufacturers of various types of airborne 3D radars are exerting to develop specialized airborne 3D radars for Unmanned Aerial Vehicles (UAVs) as their employment in Unmanned Aerial Vehicles (UAVs) allows easy data collection of the fast-changing terrains, such as snow slopes and active volcanoes.
3D Radar Market Share: By Region
In terms of regions, the North American region dominated the 3D radar market in 2018, as the region is proximal to various leading manufacturers of different types of 3D radar, which comprise, Northrop Grumman Corporation (US), Rockwell Collins Inc. (US), Airbus Defense and Space (US), etc. Europe and Asia-Pacific are also expected to offer substantial growth opportunities during the forecast period.
Some of the major players in the 3D radar market are Airbus Defense and Space, ASELSAN A.S., BAE Systems Plc, ELTA Systems Ltd., Harris Corporation, Honeywell International Inc., Leonardo S.p.A, Northrop Grumman Corporation, The Raytheon Company, and Thales Group.
Market Scope and Segmentation
3D Radar offers three-dimensional radar coverage. The 2D radars are known to cover up range and azimuth, while the 3D radar is an upgraded version that offers information about the range, azimuth, and also elevation.
The 3D radar is highly useful in diverse applications such as defense and surveillance or weather monitoring. The system works on wireless connectivity and extracts data that can help in mapping an area to provide the area’s 3D images depending upon the different angles of return.
This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making growth strategy formulation based on the opportunities present in the market.
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3D Radar Market Research Report - Features
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Market Segmentation
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4 ways
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Regions Covered
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4
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Countries/Sub-Regions Covered
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15
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No. of Figures & Tables
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>150
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Company Profiles
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10
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The 3D radar market is segmented into the following categories.
3D Radar Market Size, Share & Forecast, by Frequency Band Type:
- C/S/X Band (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- E/F Band (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- L Band (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
3D Radar Market Size, Share & Forecast, by Range Type:
- Long Range (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Medium Range (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Short Range (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
3D Radar Market Size, Share & Forecast, by Platform Type:
- Airborne (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Ground (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Naval (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
3D Radar Market Size, Share & Forecast, by Region:
- North America (Country Analysis: the USA, Canada, and Mexico)
- Europe (Country Analysis: Germany, France, the UK, Russia, and Rest of Europe)
- Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
- Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)
Research Methodology
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.
Report Features
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
- Market structure: Overview, industry life cycle analysis, supply chain analysis
- Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
- Market trend and forecast analysis
- Market segment trend and forecast
- Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
- Attractive market segments and associated growth opportunities
- Emerging trends
- Strategic growth opportunities for the existing and new players
- Key success factors
Report Customization Options
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
- Detailed profiling of additional market players (up to 3 players)
- SWOT analysis of key players (up to 3 players)
Market Segmentation
- Current market segmentation of range types by platform type.
Competitive Benchmarking
- Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances
Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected].
