What is Global Airborne Systems Surveillance Radar Market?
The Global Airborne Systems Surveillance Radar Market is a comprehensive study of the various aspects of the airborne surveillance radar systems used worldwide. These systems are integral to the functioning of both military and civilian aircraft, providing crucial data for navigation, weather prediction, and threat detection. The market encompasses a wide range of products, from small, lightweight radars used in unmanned aerial vehicles (UAVs) to large, sophisticated systems mounted on military aircraft. The market's value was estimated at US$ 2908 million in 2022, and it is expected to grow at a compound annual growth rate (CAGR) of 4.0% from 2023 to 2029, reaching a projected value of US$ 3839.2 million.
Manned Aircraft Mounted Surveillance Radar, Unmanned Aircraft Mounted Surveillance Radar in the Global Airborne Systems Surveillance Radar Market:
The Global Airborne Systems Surveillance Radar Market is divided into two main segments based on the type of aircraft: manned and unmanned. Manned Aircraft Mounted Surveillance Radar systems are typically larger and more powerful, capable of scanning large areas and detecting small objects at great distances. These systems are essential for military operations, where they provide real-time information about enemy movements and potential threats. On the other hand, Unmanned Aircraft Mounted Surveillance Radar systems are usually smaller and lighter, designed to be carried by drones or other unmanned aerial vehicles (UAVs). These systems are used for a variety of purposes, including border surveillance, disaster management, and environmental monitoring. Despite their differences, both types of systems play a crucial role in the Global Airborne Systems Surveillance Radar Market, contributing to its growth and development.
Military Application, Civil Application, Other in the Global Airborne Systems Surveillance Radar Market:
The Global Airborne Systems Surveillance Radar Market serves a wide range of applications, divided into three main categories: Military Application, Civil Application, and Other. In the military sector, airborne surveillance radar systems are used for reconnaissance, target acquisition, and threat detection, providing crucial information for tactical decision-making. In the civil sector, these systems are used for air traffic control, weather forecasting, and disaster management, among other things. The "Other" category includes a variety of niche applications, such as wildlife monitoring and scientific research. Each of these applications has unique requirements and challenges, driving innovation and technological advancement in the Global Airborne Systems Surveillance Radar Market.
Global Airborne Systems Surveillance Radar Market Outlook:
The Global Airborne Systems Surveillance Radar Market is a dynamic and competitive field, with several major players vying for market share. The top five companies in the market are Northrop Grumman, Lockheed Martin, Israel Aerospace Industries, Raytheon, and Thales Group, which collectively hold about 60% of the market shares. North America is the largest sales region, accounting for 43% of the total sales revenue. This dominance can be attributed to the region's advanced aerospace industry and high defense spending. However, the market is not limited to these players or this region, with numerous other companies and regions also contributing to its growth and development.
| Report Metric | Details |
| Report Name | Airborne Systems Surveillance Radar Market |
| Accounted market size in 2023 | US$ 3034.2 million |
| Forecasted market size in 2029 | US$ 3839.2 million |
| CAGR | 4.0 |
| Base Year | 2023 |
| Forecasted years | 2023 - 2029 |
| Segment by Type |
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| Segment by Application |
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| Production by Region |
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| Sales by Region |
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| By Company | Northrop Grumman, Lockheed Martin, Israel Aerospace Industries, Raytheon, Thales Group, SAAB AB, Finmeccanica SPA, BAE Systems, Telephonics, CASIC, Harris |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
