The global long radar system market is anticipated to grow at a significant CAGR during the forecast period. The radar systems operate through range radar systems to detect the objects by using echo and radio signal waves. Signal detects a suspected object by catching waves that strike the very object and come back to the system for verification. The various categories prevalent in the market include naval radar, airborne radar, land radar, and space-based radar. The market growth is majorly attributable to the widespread usage of such radar systems in the defense vertical of various emerging economies.
Since these radars are deployed to pinpoint any possible threat detection in their specified range, their use in detecting the potential terrorist attack is maximum for defense purposes. Various defense-intensive economies have also marked the export of such radar systems. For instance, in August 2020, Mitsubishi Electric Corp. has signed a contract with the Philippines to supply an air radar system, marking the first export of a new, complete defense product since Japan’s long-held arms trade ban was eased in 2014.
Some key players operating in the market include Lockheed Martin Corp., Rockwell Collins Inc., and BAE Systems plc, among others. These players are focusing on strengthening their position in the market by adopting various strategies as mergers and acquisitions, partnerships and collaborations, and new product launches, among others.
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Market Coverage
- The market number available for – 2021-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered-
- By Technology
- By End-User
- Competitive Landscape: Lockheed Martin Corp., Rockwell Collins Inc., and BAE Systems plc, among
Long Radar System Market Report Segmentation
By Product Type
- Continuous Wave
- Pulse Radar
By End-User
- Defense
- Commercial
- Others
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Long Radar System Market by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
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