Radar is a system for detecting/tracking the presence, direction, distance, and speed of objects such as aircraft, ships, and other objects. Radars usually operates in the ultra-high-frequency (UHF) or microwave part of the radio-frequency (RF) spectrum, and these radio waves used to determine the range, angle, or velocity of objects such as aircraft, spacecraft, guided missiles, ships, motor vehicles, weather formations, and terrain.
Radars Manufacturing Market Size
The global radar manufacturing market was valued at $27.4 billion in 2017. Asia-Pacific was the largest geographic region in the market in 2017, accounting for $10.69 billion or 39% share in the market. The USA was the largest country in 2017, accounting for $6.10 billion or 22.3% share in the market.
Radars Manufacturing Market Trend
Use of passive radars are gaining traction in the market due to its advantages across wide range of defense and civil applications and cost effectiveness. Passive radars use the existing electromagnetic signals from the atmosphere to support imaging and tracking capabilities, whereas the regular/active radar sends out electromagnetic signals to the target and receives reflected signals from the target. Passive radars use ambient radio signals for tracking and surveillance and are less expensive to operate.
Radars Manufacturing Market Segmentation
The radars manufacturing market is segmented into Civil Radars and Military Radars.
Civil Radars are used for civilian applications such as air traffic control, weather forecast and automotive safety (speed gauges).
Military Radars are used for military and defense applications including air defense surveillance radars, battlefield navigation radars, air traffic control military radars and naval radars.
The major players in the global radar manufacturing market are Northrop Grumman Corporation, Raytheon Company, Lockheed Martin Corporation, Thales Group and Leonardo S.p.A.
The countries covered in the global radar manufacturing market are USA, China, Germany, Brazil, Japan, UK, Spain, Russia, France, Australia, Italy, India and rest of the world.