Market Size in 2021 | Market Forecast in 2028 | CAGR (in %) | Base Year |
---|---|---|---|
USD 8,329.70 Million | USD 12,783.66 Million | 7.4% | 2021 |
FrequentlyAsked Questions
Increasing demand for security and rising focus on border surveillance major trends that guide Security and Surveillance Radar market growth.
According to a study, the global security and surveillance radar market size was worth around USD 8,329.70 million in 2021 and is expected to reach USD 12,783.66 million by 2028 at a CAGR of 7.4% during the forecast period.
The North American security and surveillance radar market will hold a dominant outlook over the forecast period owing to rising investments in the defense sector.
Leading players 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.An (Italy), among others.
The security and surveillance radar market report covers the geographical market along with a comprehensive competitive landscape analysis. It also includes cash flow analysis, profit ratio analysis, market basket analysis, market attractiveness analysis, sentiment analysis, PESTLE analysis, trend analysis, SWOT analysis, trade area analysis, demand & supply analysis, Porter’s five forces analysis, and value chain analysis.
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