The Surveillance Radars Market size was valued at US$ 7.94 Bn. in 2020. The global Surveillance Radars Market is estimated to grow at a CAGR of 8.1 % over the forecast period.
Surveillance Radars Market Overview
Surveillance Radars are used to keep an eye on various activities at important infrastructure and facilities like airports, camps, borders, and harbours. For national security purposes, these radars are used to detect and track non-linear and non-cooperative targets, as well as moving targets. It is employed to enhance perimeter security in both the commercial and defense sectors. These radar systems are capable of working on land, sea, air, and space platforms. Surveillance radars are an integral aspect of the defense sector's border security operations.
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Surveillance Radars Market Scope
A comprehensive research report on the global Surveillance Radars market is a focused research compilation of all factors that are considered critically for business growth. It includes all key factors such as valuable insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodologies. The report also helps in understanding dynamics and structure by analyzing the market segments and estimating the global Surveillance Radars market size. The report provides a clear representation of the competitive analysis of market players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global Surveillance Radars market. The report provides a quantitative analysis of the current market and estimations through the forecast years that assist in identifying the prevailing market opportunities. The study uses research tools such as SWOT analysis and Porter’s Five Forces for the Surveillance Radars market.
Antennas, Transmitters, Duplexers, Digital Signal Processors, Power Amplifiers, Receivers, Signal Processors, Cameras, and Others make up the Surveillance Radars Market by Component. With a 29% market share in 2020, the Digital Signal Processor category dominated the industry. The digital signal processor functions like a computer that executes all command and control activities using signal processing. Previously, analogue signal processing was used by systems. The most recent digital signal processing employs high-end processors including general-purpose processors, graphics processing units, and field programmable gate arrays (FPGA).
Key Players: The following are the key players of the Surveillance Radars Market-
Raytheon Technologies Corporation (US)
Lockheed Martin Corporation (US)
Israel Aerospace Industries Ltd. (Israel)
Leonardo S.p.A (Italy)
Elbit Systems Ltd. (Israel)
FLIR Systems Ltd. (US)
Saab AB (Sweden)
Thales Group (France)
Honeywell International Inc. (US)
BAE Systems (UK)
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Analysts at SMR evaluate competitive strengths and conduct competitive analyses for each competitor individually. Global, North America, Europe, Asia-Pacific, Middle East and Africa, and South American market share statistics have been provided individually.
Key Questions Answered in the Surveillance Radars Market Report are:
- What is the current market status of the Surveillance Radars industry?
- What are the key investment pockets in the Surveillance Radars market with respect to product segments and geographies currently and during the projected period?
- Who are the global key players in the Surveillance Radars market?
- Which region holds the maximum share in the global Surveillance Radars market?
- Which segment accounts for the fastest CAGR in the Surveillance Radars market during the forecast years?
- What are the key drivers of the Surveillance Radars market?
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