Market Size in 2022 | Market Forecast in 2030 | CAGR (in %) | Base Year |
---|---|---|---|
USD 5.71 Billion | USD 8.25 Billion | 4.70% | 2022 |
The global X-Band Radar Market size was worth around USD 5.71 Billion in 2022 and is predicted to grow to around USD 8.25 Billion by 2030 with a compound annual growth rate (CAGR) of roughly 4.70% between 2023 and 2030.
X-band radars are used in a variety of applications such as in airports for controlling the air-traffic and alarming systems and long-range surveillance radar in the applications of defense. There are two categories of X-band radars; sea-based x-band radar and mobile x-band radar. The sea-based x-band radar is placed on floating towers that are present in the sea. The mobile x-band radar is generally used in the coastal areas. The X-band radars work on the frequency range 8 GHz to 13 GHz.
The X-band radar market is globally segmented into its application, type, and array. On the basis of application, the global X-band radar market is segregated into government application, defense application, and commercial application. Further, all these segments can be sub-segmented. The defense application is segmented into naval, land-based, and airborne. The government application is segmented into homeland security and border security. The commercial applications are segmented into facility surveillance, weather detection, perimeter security, and airspace surveillance. Based on the type, the market is categorized into sea-based X-band radar and mobile X-band radar. On the basis of the array, the market is bifurcated into following: passive electronically scanned array and active electronically scanned array.
Global X-Band Radar Market: Competitive Players
The key market players in the X-band radar market include Raytheon Company, Japan Radio Company Limited, Furuno Electric Co., Ltd., Northrop Grumman Corporation, Saab Group, Israel Aerospace Industries Ltd., Terma A/S, Detect Inc., ProSensing, Inc., and Reutech Radar Systems.
Global X-Band Radar Market: Growth Factors
The key factor that is driving the global X-band radar market is the increasing importance of the aviation safety. The X-band radars help in improving the overall safety of the air transport. Another factor that anticipates the growth of the global market is its usage in the weather and climate predictions. Many manufacturers in the global X-band radar market are emphasizing on the development of the product that is end to end and services such as client support, maintenance and infrastructure, and logistics, which is driving the demand of the market. The technological advancements made in the X-band radars market is also contributing to the growth of the market.
Global X-Band Radar Market: Regional Analysis
Geographically, the X-band radar market is diversified into regions such as North America, Europe, Asia-Pacific, and Rest of the World. The region that dominated the X-band radar market is the North America. The factor that attributes this market growth is the increasing demand for border security and homeland security. Europe has also emerged in the X-band radar market and the reason behind this growth is the economic and political stability. For maintaining the stability and order in the region, military assistance was required where they utilized equipment such as tactical helicopters, control systems, submarines, and Gripen aircraft. Asia Pacific region is also growing at a very good rate owing to the growing demand for the portable X-band radars that is used for facility surveillance, critical infrastructure monitoring, border security, weather detection, and other functions.
Report Attributes | Report Details |
---|---|
Report Name | X-Band Radar Market Size Report |
Market Size in 2022 | USD 5.71 Billion |
Market Forecast in 2030 | USD 8.25 Billion |
Growth Rate | CAGR of 4.70% |
Number of Pages | 188 |
Forecast Units | Value (USD Billion), and Volume (Units) |
Key Companies Covered | Raytheon Company, Japan Radio Company Limited, Furuno Electric Co., Ltd., Northrop Grumman Corporation, Saab Group, Israel Aerospace Industries Ltd., Terma A/S, Detect Inc., ProSensing, Inc., and Reutech Radar Systems. |
Segments Covered | By Type,By end-user,And By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East and Africa (MEA) |
Countries Covered | North America: U.S and Canada Europe: Germany, Italy, Russia, U.K, Spain, France, Rest of Europe APAC: China, Australia, Japan, India, South Korea, South East Asia, Rest of Asia Pacific Latin America: Brazil, Argentina, Chile The Middle East And Africa: South Africa, GCC, Rest of MEA |
Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2023 - 2030 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Global X-Band Radar Market: Competitive Players
By Type
By Application
Global X-Band Radar Market: Regional Segment Analysis
What Report Provides
FrequentlyAsked Questions
The global X-Band Radar Market size was worth around USD 5.71 Billion in 2022 and is predicted to grow to around USD 8.25 Billion by 2030 with a compound annual growth rate (CAGR) of roughly 4.70% between 2023 and 2030.
The key market players in the X-band radar market include Raytheon Company, Japan Radio Company Limited, Furuno Electric Co., Ltd., Northrop Grumman Corporation, Saab Group, Israel Aerospace Industries Ltd., Terma A/S, Detect Inc., ProSensing, Inc., and Reutech Radar Systems.
The Global X-Band Radar Market is segmented on the basis of Type, Application, And Geography.
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