Security Radar Device Market Scope
Radar is an electromagnetic sensor that detects, locates, tracks, and recognizes a variety of objects at long distances. It works by sending electromagnetic energy toward objects, which are referred to as targets, and then listening for echoes back. Intruders are detected automatically by radar sensors in user-defined Alarm Zones. The cameras are pointed at the intruder, and alarms are created for information security professionals. Aircraft, ships, satellites, automobiles, and celestial bodies, as well as birds, insects, and rain, might all be targets. Radar is an “active” sensing device in the sense that it has its own light source (a transmitter) for locating targets. It typically operates in the microwave region of the electromagnetic spectrum
The Security Radar Device market study is segmented by Type (Imaging Radar and Non-imaging Radar), by Application (Automotive, Security and Surveillance, Industrial, Environment and Weather Monitoring, Traffic Monitoring and Other) and major geographies with country level break-up.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA estimates that European Players will contribute to the maximum growth of Global Security Radar Device market throughout the predicted period.
Axis Communications AB (Sweden), Hangzhou Hikvision Digital Technology Co. Ltd. (China), Honeywell International Inc. (United States), Kelvin Hughes limited (United Kingdom), Dahua Technology Co., Ltd (China), Avigilon Corporation (Canada), Sensurity Ltd. (United Kingdom), Lockheed Martin Corporation (United States), Smart Microwave Sensors GmbH (Germany), InnoSenT GmbH (Germany), Veoneer Inc. (Sweden), STMicroelectronics NV (Switzerland) and TERMA (Denmark) are some of the key players that are part of study coverage.
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
AMA Research has segmented the market of Global Security Radar Device market by Type, Application and Region.
On the basis of geography, the market of Security Radar Device has been segmented into South America (Brazil, Argentina, Chile, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Singapore, Indonesia, Thailand, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Spain, Sweden, Belgium, Finland, Denmark, Russia, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
In 2020, Axis Communications launched smart security radar that uses advanced radar technology to offer extensive area coverage while providing position and speed of the object and In September 2019, Kelvin Hughes Limited unveiled SharpEye Mk 5 Radar Series at Defense & Security Equipment International. SharpEye radars set the international standard in solid-state radar sensor technology. It is utilized by commercial customers and defense agencies to detect the smallest targets on land and at sea at greater ranges
- Technological Advancements in Security Radar Devices Has Been Increasing
- Rising Territorial Conflicts and Geopolitical Instabilities in Some of the Regions
- Demand for Innovative Solutions in the Field of Security Technology is increasing
- Increase in Investment & Development
- Rising Use of Radar Security Systems for Civilian Applications
- High Development Cost
- Hindrances in the Functionality of Radar Security Systems Due to Growing Cyber Warfare
Key Target AudienceOriginal Equipment Manufacturers (OEMs), OEM Technology Solution Providers, Research Institutes, Market Research and Consulting Firms, Forums, Alliances, and Associations and Technology Investors