3D Radar Market Analysis Overview

3D Radar Market Size is expected to reach USD 702.7 Million by 2030, registering a CAGR of 20.35% during 2020-2030.

3D radar is used for weather monitoring, surveillance, and security purposes, mainly in the defense sector. 3D radar offers three-dimensional views in terms of range, bearing, and elevation. A 3D radar is used to measure all three space coordinators in the radar system.  For weather monitoring, a narrow pencil beam is used. The elevation of the antenna changes after scanning each rotation. 3D radars can be used for various applications and can be customized according to the end-use requirements, owing to their wide range of antenna arrays. 3D radars also assist in the detection and classification of the target based on their size and speed. Hence, such benefits offered by 3D radars are expected to drive the growth of the 3D Radar Market Analysis.

3D Radar Market Analysis Key Players

Lockheed Martin Corporation (US), Raytheon Technologies Corporation (US), Indra Sistemas,  S.A. (Spain), Northrop Grumman Corporation (US), Thales Group (France), BAE Systems (UK), Airbus SAS (The Netherlands), Honeywell International Inc. (US), Saab AB (Sweden), L3Harris Technologies, Inc. (US)

Market USP

Miniaturization of 3D radars and the growing adoption of advanced materials to manufacture lightweight 3D radars are expected to drive the growth of the 3D Radar Market Analysis.

Segmentation

By Platform

Ground: The ground segment dominated the global 3D Radar Market Analysis in 2019. Rising military modernization programs and increasing defense expenditures of countries such as China and India are expected to drive the growth of the segment in the global market.

Airborne: The airborne segment is expected to grow with the highest CAGR during the forecast period, owing to increasing government efforts for the use of 3D radars in military choppers and aircraft. Additionally, various programs introduced by the governments of several countries for the modernization of their air force are expected to drive the growth of the segment in the global market.

Marine: The marine segment is projected to register a notable growth rate in the global market owing to the rising adoption of advanced naval vessels by countries such as the US, the UK, and Russia.

By Frequency Band

C/S/X Band: This segment is expected to grow at the highest CAGR during the forecast period, owing to the enhanced efficiency, accuracy, resolution, and high frequency offered by C/S/X bands.

E/F Band: The segment is projected to register a significant growth rate in the global market as these frequency bands assist in identifying the military radio spectrum for crisis management planning, training, electronic warfare activities, or in military operations.

L Band: The L band segment is expected to witness a favorable growth rate in the global market as the L bandis one of the major operating ranges used by various applications such as radars, global positioning systems (GPS), radio telecommunications, and aircraft surveillance.

Others: The others segment includes the I band.

By Range

Long Range: This segment dominated the global 3D Radar Market Analysis in 2019. The rising demand for various 3D radar systems for weather forecasting and satellite transponders are expected to drive the growth of the segment.

Medium Range: This segment is expected to grow at the highest CAGR during the forecast period, owing to increasing demand for various 3D radar systems for enhanced surveillance and target acquisition.

Short Range: This segment will show a significant growth rate in the global market owing to the rising demand for short-range 3D radar systems for telecommunications and aircraft surveillance.

Region Analysis:

North America: North America dominated the 3D Radar Market Analysis in 2019 due to the presence of prominent companies such as Lockheed Martin Corporation and Northrop Grumman Corporation.

Europe: The increasing naval modernization programs in countries such as the UK are expected to drive the market growth in the region.

Asia-Pacific: The market in this region is projected to register the highest CAGR during the forecast period. The growing aerospace or aviation industry in countries such as China, Japan, and India are expected to increase the demand for 3D radars in Asia-Pacific.

Middle East: Increasing investments by the government of various prominent countries such as UAE, Israel, and Iran in airport security and border security is expected to drive the 3D Radar Market Analysis growth in the Middle East.

Rest of the World: Growing defense budget allocation in the military sector for surveillance in countries such as Mexico, Brazil, and South Africa are expected to increase the demand for 3D radar in the region.

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