Airborne Radars Trends, Share, Industry Size, Growth, Opportunities, and Forecast By 2029

Global Airborne Radars Market was valued at USD 4.45 billion in 2021 and is expected to reach USD 8.54 billion by 2029, registering a CAGR of 8.50% during the forecast period of 2022-2029.

Airborne Radars is the finest market research report which is the result of proficient team and their potential capabilities. The most up to date market insights and analysis performed in this report brings marketplace clearly into focus. The major aspects of this report include complete and distinct analysis of the market drivers and restraints, key market players involved in this industry, detailed analysis of the market segmentation, and competitive analysis of the key players. Data collection modules with large sample sizes are used to collect data and perform base year analysis. The market research data included in this  Airborne Radars report is analysed and forecasted using market statistical and coherent models.
 Global Airborne Radars Market was valued at USD 4.45 billion in 2021 and is expected to reach USD 8.54 billion by 2029, registering a CAGR of 8.50% during the forecast period of 2022-2029.
Some of the major players operating in airborne radars market are
  • Lockheed Martin Corporation. (US)
  • Rockwell Collins, Inc. (US)
  • Saab AB (Sweden)
  • Honeywell International Inc. (US)
  • General Dynamics Corporation (US)
  • Rheinmetall AG (Germany)
  • BAE Systems. (UK)
  • Northrop Grumman Corporation. (US)
  • Raytheon Technologies. (US)
  • Thales Group (France)
  • Reutech Radar Systems. (South Africa)
  • IAI (India)
  • Airbus S.A.S. (France)
  • L3Harris Technologies, Inc. (US)
  • Infineon Technologies AG (Germany)
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Market Overview
Airborne radar refers to a system that is designed for detecting ships, vehicles and aircraft at long ranges. These systems perform control and command of the battle space in an air engagement while directing fighter. Airborne radars are known to be effective in precise prediction of natural disasters such as cyclones, hurricanes, floods, and earthquakes.
Airborne Radars Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
  • Usage in Automatic Vehicles
The rise in the usage of radars in automatic vehicles acts as one of the major factors driving the airborne radars market. Also, the prevalence of greater efficiency by using improved radars system, and increased demand for phased array radar for better operational efficiency have a positive impact on the market.
  • Emergence of Technologies and Innovation
The rise in emergence of technologies and innovation in modern radar system accelerate the market growth. These modern radar systems are being used for radar astronomy, meteorological monitoring, air traffic control, and weather formation. The increase in demand for advanced weather monitoring radar drives the market further.
High Demand from Military and Defence
The introduction of modern warfare system such as network centric and electronic warfare further influence the market. These advanced radar systems are being used in anti-missiles systems, aircraft anti-collision systems and air defense systems. The surge in investments by governments to upgrade existing fighter aircraft radar assist in the expansion of the market.
Additionally, rapid urbanization, change in lifestyle, surge in investments and increased consumer spending positively impact the airborne radars market.
Highlights of TOC :
Chapter 1: Market overview
Chapter 3: Regional analysis of the Global Airborne Radars industry
Chapter 4:  Global Airborne Radars  Market segmentation based on types and applications
Chapter 5: Revenue analysis based on types and applications
Chapter 6: Market share
Chapter 7: Competitive Landscape
Chapter 8: Drivers, Restraints, Challenges, and Opportunities
Chapter 9: Gross Margin and Price Analysis
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