Commercial Radar Trends and Forecast
The future of the global commercial radar market looks promising with opportunities in the airspace monitoring & surveillance, airport perimeter security, critical infrastructures, weather monitoring, vehicle collision warning, and navigation markets. The global commercial radar market is expected to reach an estimated $9.27 billion by 2030 with a CAGR of 7.2% from 2024 to 2030. The major drivers for this market are growing demand for drone detection systems (DDS) at airports and increasing adoption in the defense industry.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Commercial Radar by Segment
The study includes a forecast for the global commercial radar by component, platform, technology, application, and region.
Commercial Radar Market by Component [Shipment Analysis by Value from 2018 to 2030]:
• Antennas
• Transmitters
• Receivers
• Power Amplifiers
• Duplexers
• Digital Signal Processor
• Stabilization System
• Circulator Duplexers
Commercial Radar Market by Platform [Shipment Analysis by Value from 2018 to 2030]:
• Land
• Naval
• Airborne
• Space
Commercial Radar Market by Technology [Shipment Analysis by Value from 2018 to 2030]:
• Software Defined Radar
• Quantum Radar
• Conventional Radar
Commercial Radar Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Airspace Monitoring & Surveillance
• Airport Perimeter Security
• Critical Infrastructures
• Weather Monitoring
• Vehicle Collision Warning
• Navigation
• Others
Commercial Radar Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Commercial Radar Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies commercial radar companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the commercial radar companies profiled in this report include-
• Honeywell International
• Hensoldt
• GEM elettronica
• FLIR Systems
• Blighter Surveillance Systems
• DeTect
• TERMA
Commercial Radar Market Insights
Lucintel forecasts that antennas is expected to witness the highest growth over the forecast period due to their design, performance, and accuracy.
Within this market, airspace monitoring & surveillance will remain the largest segment.
North America is expected to witness highest growth over the forecast period due to presence of advanced air traffic control system and strong emphasis on national security in the region.
Features of the Global Commercial Radar Market
Market Size Estimates: Commercial radar market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Commercial radar market size by various segments, such as by component, platform, technology, application, and region in terms of value ($B).
Regional Analysis: Commercial radar market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different components, platforms, technologies, applications, and regions for the commercial radar market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the commercial radar market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the commercial radar market size?
Answer: The global commercial radar market is expected to reach an estimated $9.27 billion by 2030.
Q2. What is the growth forecast for commercial radar market?
Answer: The global commercial radar market is expected to grow with a CAGR of 7.2% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the commercial radar market?
Answer: The major drivers for this market are growing demand for drone detection systems (DDS) at airports and increasing adoption in the defense industry.
Q4. What are the major segments for commercial radar market?
Answer: The future of the commercial radar market looks promising with opportunities in the airspace monitoring & surveillance, airport perimeter security, critical infrastructures, weather monitoring, vehicle collision warning, and navigation markets.
Q5. Who are the key commercial radar market companies?
Answer: Some of the key commercial radar companies are as follows:
• Honeywell International
• Hensoldt
• GEM elettronica
• FLIR Systems
• Blighter Surveillance Systems
• DeTect
• TERMA
Q6. Which commercial radar market segment will be the largest in future?
Answer: Lucintel forecasts that antennas is expected to witness the highest growth over the forecast period due to their design, performance, and accuracy.
Q7. In commercial radar market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth over the forecast period due to presence of advanced air traffic control system and strong emphasis on national security in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the commercial radar market by component (antennas, transmitters, receivers, power amplifiers, duplexers, digital signal processor, stabilization system, and circulator duplexers), platform (land, naval, airborne, and space), technology (software defined radar, quantum radar, and conventional radar), application (airspace monitoring & surveillance, airport perimeter security, critical infrastructures, weather monitoring, vehicle collision warning, navigation, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Commercial Radar Market, Commercial Radar Market Size, Commercial Radar Market Growth, Commercial Radar Market Analysis, Commercial Radar Market Report, Commercial Radar Market Share, Commercial Radar Market Trends, Commercial Radar Market Forecast, Commercial Radar Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.