18-Apr-2022 | Zion Market Research
The global security and surveillance radar market was worth around USD 8,329.70 million in 2021 and is estimated to grow to about USD 12,783.66 million by 2028, with a compound annual growth rate (CAGR) of approximately 7.4 percent over the forecast period. The report analyzes the security and surveillance radar market’s drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the security and surveillance radar market.
Security and Surveillance Radar are systems that provide security for defense purposes and enable countries and militaries to monitor their borders and territories for an illegal and unauthorized activity or access. The rising focus on defense and security across the world has bolstered the demand for security and surveillance radar systems and will be a prominent trend over the forecast period.
Security and Surveillance Radar systems are crucially important to border security and surveillance as these are large areas and human surveillance is not possible without error. Technological advancements have further advanced these systems and made them highly regarded and used in the global defense landscape.
The increasing instances of drug trafficking and human trafficking across the world have further increased the demand for border security and border surveillance. Rising infringements on multiple nations with shared boundaries are giving rise to conflicts that have detrimental impacts and to avoid these the implementation of security and surveillance radar has become paramount. For instance, Pakistan, China, and India have been quarreling over border territories which have created tensions among these nations and has also endangered the security of people living in these regions hence the deployment of security and surveillance radar is crucial in such regions to ensure safety and avoid loss of life or property for nations.
Security and Surveillance Radar companies will face challenges in managing regulatory compliance for multiple nations that are laid out by their governments to avoid complications and misuse of these systems without the scope of loophole exploitation. This is expected to hamper security and surveillance radar market growth to a certain extent over the forecast period.
The pandemic of 2020 led to a drop in production and deployment capabilities of security and surveillance radar companies and hence had a major negative impact on the overall market growth potential in this era. Lapses in logistics and other restrictions under lockdown made it impossible for security and surveillance radar companies to function as they normally would and this had an adverse impact on the security and surveillance radar market potential.
The security and surveillance radar market is expected to make a quick recovery over the forecast period and in the post-pandemic era owing to rising demand for border security after having a lapsed focus on defence for over a year in the COVID-19 pandemic.
The global Security and Surveillance Radar market is segregated based on Application, Frequency Band, Component, Dimension, Platform, Range, Type, Waveform, and region. Based on component, the global market is distinguished into Antennas, Parabolic Reflector Antennas, Slotted Waveguide Antennas, Planar Phased Array Antennas, Active Scanned Array Antennas, Passive Scanned Array Antennas, Transmitters, Microwave Tube-Based Transmitters, Solid-State Electronics, Receivers, Analog Receivers, Digital Receivers, Power Amplifiers, Traveling Wave Tube Amplifiers (TWTA), Solid-State Power Amplifiers, Gallium Arsenide (GAAS), Gallium Nitride (GAN), Duplexers, Branch Type Duplexers, Balanced Type Duplexers, Circulator Duplexers, Digital Signal Processor, Stabilization System, Circulator Duplexers, Control Panels, Graphic Panels, Displays, Others. The digital signal processor segment will have a dominant outlook over the forecast period and be the most prominent segment through 2028.
The North America security and surveillance radar market will hold a dominant outlook over the forecast period owing to rising investments in the defense sector. Increasing advancements in defense technology, rapid adoption of new technologies, increasing investments in research, and high defense spending potential are factors that boost security and surveillance radar market growth in this region over the forecast period.
Browse the full “Security and Surveillance Radar Market By Application (Commercial, Airspace Monitoring & Surveillance, Airport Perimeter Security, Critical Infrastructures, Others, National Security, Border Surveillance, Search & Rescue, ISR, Defense & Space, Perimeter Security, Isr & Battlefield Surveillance, Military Space Assets & Hostile Satellites, Air Defense), By Frequency Band (HF/ VHF/UHF-bands, L-bands, S-bands, C-bands, X-bands, Ku-bands, Ka-bands, Multi-band), By Component (Antennas, Parabolic Reflector Antennas, Slotted Waveguide Antennas, Planar Phased Array Antennas, Active Scanned Array Antennas, Passive Scanned Array Antennas, Transmitters, Microwave Tube-Based Transmitters, Solid-State Electronics, Receivers, Analog Receivers, Digital Receivers, Power Amplifiers, Traveling Wave Tube Amplifiers (TWTA), Solid-State Power Amplifiers, Gallium Arsenide (GAAS), Gallium Nitride (GAN), Duplexers, Branch Type Duplexers, Balanced Type Duplexers, Circulator Duplexers, Digital Signal Processor, Stabilization System, Circulator Duplexers, Control Panels, Graphic Panels, Displays, Others), By Waveform (Frequency modulated continuous wave (FMCW), Doppler, Conventional Doppler Radar, Pulse-Doppler Radar, Ultrawide-band impulse), By Dimension (2D, 3D, 4D), By Type (Battlefield Surveillance Radars, Ground-Based Air Surveillance Radars, Ground-based Space Surveillance Radars, Coastal Surveillance Radars, Airport Surveillance Radars, Air to Ground Surveillance Radars, Airborne Maritime Surveillance Radars, Air-to-Air Surveillance Radars, Shipborne Air Surveillance Radars, Space-Based Synthetic Aperture Radars), By Platform (Land, Fixed Installation, Portable, Naval, Ships, Unmanned Surface Vehicles, Submarines, Airborne, Combact Aircraft, Unmanned Aerial Vehicles, Aerostats/Balloons, Space), By Range (Short-Range surveillance radars, Medium-Range surveillance radars, Long-Range surveillance radars, Very Short Range, Very Long Range)and By Region – Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2022 – 2028.” Report at https://www.zionmarketresearch.com/report/security-surveillance-radar-market
Key players functioning in the global Security and Surveillance Radar market include Raytheon Technologies Corporation (US), Lockheed Martin Corporation (US), Hensoldt (Germany), Israel Aerospace Industries Ltd. (Israel), and Leonardo S.p.A (Italy).
Recent developments:
Global Security and Surveillance Radar market is segmented as follows:
By Application
By Frequency Band
By Component
By Waveform
By Dimension
By Type
By Platform
By Range
By Region
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