What is 3D Radar Market?
3D radar is a radar system that provides a three-dimensional view of the range, altitude, and direction using a very narrow pencil beam. The 3D radar system is generally used for air defense and interception. These systems used for numerous applications such as air and terrestrial traffic control, air-defense systems, radar astronomy, aircraft anti-collision systems, antimissile systems, marine radars to locate landmarks and other ships, ocean surveillance systems, outer space surveillance, and rendezvous systems. The factors such as Increased Government Fundings on Security and Increasing Use of Modern Warfare Techniques are driving the global 3D Radar market. However, High Cost Associated with 3D Radar System may hamper the market growth.
The market study is being classified by Type (Long Range, Medium Range and Short Range) and major geographies with country level break-up.
ASELSAN A.S. (Turkey), Northrop Grumman Corporation (United States), Raytheon Company (United States), Thales Group (France), Airbus Defense and Space (United States), BAE Systems plc (United Kingdom), Honeywell International Inc. (United States), SAAB Group (Sweden), ELTA Systems Ltd. (Israel), Indra Sistemas, S.A. (Spain) and Rheinmetall AG (Germany) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are L3Harris Technologies, Inc. (United States) and Leonardo S.p.A. (Italy).
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain a competitive advantage through combined collaborations. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global 3D Radar market throughout the predicted period.
Analyst at AMA have segmented the market study of Global 3D Radar market by Type, Application and Region.
On the basis of geography, the market of 3D Radar has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increased Government Fundings on Security
- Increasing Use of Modern Warfare Techniques
- Introduction of Highly Adaptable Multiple Mission Radars
- High Cost Associated with 3D Radar System
- Increasing Number of Unmanned Aerial Vehicles
- Growing Deployment of Air & Missile Defense Systems
- Lack of Skilled Professionals
In December 2020, Airbus has been selected by Thales Alenia Space to build the advanced radar instrument for the ‘Radar Observatory System for Europe in L-band’ (ROSE-L) mission. Airbus Defence and Space in Friedrichshafen (Germany) will head an industrial consortium for the radar instrument involving companies from nine countries to deliver the project.
Key Target Audience3D Radar System Developers, Distributors, Emerging Companies, Research Professionals and End-users
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