Global Commercial Radars Market Report 2024, Forecast To 2033
10 Jan, 2024
The market for commercial radars has exhibited robust growth, increasing from $5.81 billion in 2023 to $6.11 billion in 2024, demonstrating a 5.2% CAGR. Historical growth drivers include military and defense applications, aviation and air traffic control, maritime and ship navigation, weather forecasting, security, and surveillance. Expectations for strong growth continue, projecting the market to reach $7.63 billion in 2028, with a CAGR of 5.7%. Contributing factors include autonomous vehicles, 5G network expansion, environmental monitoring, space debris tracking, and the management of drone and UAV traffic.
Global Commercial Radars Market Key Driver
The commercial radars market is set for growth due to the rising demand for drone detection systems (DDS) at airports. Drones pose threats to aviation, including collisions and interference, leading to flight disruptions. Initiatives like Air Services Australia's Integrated Drone Surveillance System (IDSS) trial at Sydney Kingsford Smith Airport underscore the importance of drone detection systems in ensuring aviation safety, driving the commercial radars market.
Get A Free Sample Of The Global Commercial Radars Market ReportGlobal Commercial Radars Market Segments
The commercial radars market covered in this report is segmented –
1) By Type: Commercial Aircraft Radars, Commercial Helicopters Radars, Business Jets Radars, Uav Radars
2) By Technology: Quantum Radar, Conventional Radar, Software Defined Radar (Sdr)
3) By Dimension: 2D, 3D, 4D
4) By Application: Surveillance Radars, Surface Movement Radars, Precision Approach Radars, Weather Radars, Others
By Geography: The regions covered in the commercial radars market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions
Asia-Pacific was the largest region in the commercial radars market in 2023. Asia-Pacific is expected to be the fastest-growing region in the commercial radars market during the forecast period. The regions covered in the commercial radars market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Major Commercial Radars Industry Players
Terma A/S, Hensoldt Inc., Detect Inc., Raytheon Technologies Corporation, NEC Corporation, Thales Group, Indra Sistemas SA, Easat Radar Systems Limited, Leonardo SpA, Honeywell International Inc, GEM electronica, Blighter Surveillance Systems Ltd., Teledyne FLIR LLC, Airbus Defense and Space Inc., BAE Systems PLC., General Dynamics Corporation, NXP Semiconductors N.V., Endress + Hauser (India) Pvt Ltd., Satellink Inc., DeepSea Developments, Geobrugg North America, SAE Manufacturing Specialties Corp, Pilz Automation Safety L.P., Lockheed Martin Corporation, Saab AB, Northrop Grumman Corporation, Collins Aerospace, L3Harris Technologies Inc., Mitsubishi Electric Corporation, Israel Aerospace Industries Ltd., ASELSAN A.S., ELTA Systems Ltd., RADA Electronic Industries Ltd., SRC Inc., Telephonics Corporation, Selex ES Inc., Kelvin Hughes Limited, Furuno Electric Co. Ltd., Kongsberg Gruppen ASA, Thales Nederland B.V., Cobham plc, Navico Inc., Scandinavian Micro Systems Inc., Russell Technologies Inc., Rockwell Collins Inc., Harris Corporation
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Commercial Radars Market Overview
A commercial radar is a detection system used to detect the presence, direction, distance, and speed of an aircraft. The commercial radar includes components such as an array antenna front end, T/R modules, an array antenna backplane, a radar back end, a radar processor and display, and a radar scheduler.
Commercial Radars Global Market Report 2023 provides data on the global commercial radars market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The commercial radars market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.