NEWS: X-Band Radar Market — Global Industry Analysis and Forecast 2020 to 2027
X-Band Radar Market: Summary
The Global X-Band Radar Market is projected to reach a value of over USD 8.3 billion by 2027 at a CAGR of around 6.3%.
The radar waves which are falls between 9 GHz and 12GHz are known as X-band. However, law enforcement X band radar guns operate universally on 10.5ghz. it is mostly found in rural areas, or in areas where police departments did not have adequate funding to upgrade to more modern radar guns. X-band radar requires large antennas and it is easy for radar detectors to pick up at long distance. The X-band consists of short wavelength which allows for higher resolution imaging for target identification and discrimination. The X-band radar is used for civil, military and government radar applications including weather monitoring, air traffic control, maritime vessel traffic control, defense tracking and vehicle speed detection for law enforcement.
X-Band Radar Market: Drivers & restraints
Market Driver:
- Increasing Territorial Conflicts
Territorial disputes occur when official representatives of one country make explicit statements claiming sovereignty over a specific piece of territory that is claimed or administered by another country. Territorial disputes lead to militarized conflict more frequently than other types of diplomatic disputes involving maritime, river, identity, economic, cultural, or other issues. In current scenario, the territorial conflicts in Middle East and Asia-Pacific is rapidly increasing due to some internal and external territorial conflicts will drive the X-band radar market during forecast period.
Market Restraints:
- Initial Development Cost
Currently, most countries are consisting of traditional military and defense systems due to their defense spending budgets. Many developed countries such as the US, China, and Russia invest highly into research and development of latest technologies. But, the emerging countries have less budget to spend on military and defense systems. Hence, these emerging countries are currently focusing on developing their military strength but due to high development cost, they are still using traditional and old military equipment which restrain the market during forecast period.
X-Band Radar Market: Key Segments
- Segmentation based on type: Mobile-Based and Sea-Based
- Segmentation based on array: PESA and AESA
- Segmentation based on application: Commercial, Defense, and Government
- Segmentation based on region covers: North America, Europe, Asia-Pacific, Middle East & Africa and South America with individual country-level analysis.
X-Band Radar Market: Report Scope
The report on the X-Band radar market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.
Report FeaturesSpecificsHistorical/Estimated/Forecasted Market Size Years2019–2027Base Year for Market Calculation2020Forecasted Period2021–2027 (2021 estimated year, forecasted up to 2027)Measured UnitsValue (USD Million)Segments IncludedType, Array, Application, and RegionRegional CoverageNorth America, Asia-Pacific, Europe, Middle East & Africa, South America
Key Companies Covered
- Northrop Grumman Corporation (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
- Hensoldt
- Japan Radio Co.
- TERMA
- Raytheon Technologies
- Saab AB
- Israel Aerospace Industries (IAI)
- Leonardo S.p.A
- DeTect, Inc.
- FURUNO ELECTRIC CO.LTD
- Reutech Radar Systems
- Other Key Companies
X-Band Radar Market: Report Segmentation
For the scope of the report, In-depth segmentation is offered by Forencis Research
X-Band Radar Market, by Type
- Mobile-Based
- Sea-Based
X-Band Radar Market, by Array
- Passive Electronically Scanned Array (PESA)
- Active Electronically Scanned Array (AESA)
X-Band Radar Market, by Application
- Commercial
- Defense
- Government
X-Band Radar Market, by Region
- North America
- US
- Canada
- Mexico
- Asia-Pacific
- China
- India
- Japan
- Taiwan
- South Korea
- Rest of Asia-Pacific
- Europe
- Germany
- UK
- France
- Italy
- Russia
- Switzerland
- Rest of Europe
- Middle East & Africa
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
- South America
- Brazil
- Argentina
- Rest of South America
Key Questions Answered By The Report
- What are the prominent developments affecting the market worldwide and its growth?
- What will be the impact of the developments in the market on the industry and on the market players in the future?
- What are the evolving variations of the market globally?
- What are the evolving functions of the market globally?
- What are the prominent aspects that will affect market growth globally during the study period?
- Who are the key players operating in the market across the globe?
- How are the key players leveraging in the present market scenario worldwide?
Report Audience
- X-Band Radar Market Providers
- X-Band Radar Market Solution and Services Suppliers, Distributors and Dealers
- End-Users of Varied Segments of X-Band Radar Market
- Government Bodies and Intellectual Institutions
- Associations and Industrial Organizations
- Research & Consulting Service Providers
- Research & Development Organizations
- Investment Banks & Private Equity Firms
60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE X-Band Radar MARKET STUDY
