Global 3D Radar Market by Frequency Band, Range, Platform, Region – Forecast to 2021
Global 3D Radar Market is projected to witness a strong growth over the forecast period, owing to the ongoing technological innovations in modern warfare. Increasing inclination towards 3D radar systems to improve positioning is forecast to strengthen the market growth.
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Key Developments
Growing expenditure on miliary warfare systems is expected to expand the 3D Radar Market size. Intensified R&D activities in the military simulation and augmenting adoption of 3D radars in Air Traffic Management (ATM) to maintain a safe and collision-free operation will expand the market growth. For example, the total world military expenditure increased by more than US$ 1739 billion in 2017 primarily because of the expansion across developing nations like China, India, Saudi Arabia, etc.
Furthermore, leading companies like Vayyar Imaging have established the latest evaluation kits to allow the integration, development, and scaling of 3D Radar Systems image sensing for its enhanced usage. For instance, in September 2019, Saab AB installed its Giraffe 1X Radar on Supacat Jackal Vehicle for military applications. The lightweight 3D radar is designed for ground-based air defense role with a mounted and dismounted option. The growing trend of miniaturization in 3D radars are expected to offer lucrative opportunities for the market. Emerging need to improve the tactical capabilities with the incorporation of advanced technologies in combat vehicles like Unmanned Aircraft Vehicle (UAV) and the augmenting adoption of 3D Radars in air defense, surveillance, and weather monitoring are projected to augment the market growth. As per the report published by Bloomberg, the Unmanned Aerial Vehicle Market is anticipated to touch USD 77.69 Billion by 2030 because of the surging demand of Unmanned Aerial Vehicles by Militaries across the world, fueling the 3D Radar Market Size in the coming years. However, the high installation cost and the need for trained professionals for operating and maintaining the system are anticipated to hamper the 3D radar market size.
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Range: Segment Analysis
Long-range segment is forecast to dominate the 3D Radars market over the upcoming years, because of the augmenting deployment of 3D Radars in weather monitoring aided by its potency to accurately predict events like hurricanes, floods, cyclones, and earthquakes. On the other hand, the short-range radar market is predicted to witness a boom because of the growing adoption of UAVs. Increasing adoption of short-range 3D radars in automobile applications, is driving the market growth. Increasing investment by the companies in these radars because of the growing demand from automobile sectors, propelling the 3D Radar Market share.
Platform: Segment Analysis
Airborne segment is projected to lead the market over the upcoming years, because of the growing production of specialized airborne 3D Radars by leading players to incorporate it in Unmanned ariel Vehicles (UAVs) to improve the data collection of fast-changing terrains, like snow slops and active volcanoes. Airborne 3D radar market is estimated to witness a higher adoption of small Unmanned Aircraft Systems (UASs) and growing adoption of advanced military surveys and surveillance operations. 3D radars offer a common view to operate to UAS operators to visualize air traffic and help unmanned aircraft clear of nearby aircraft. Increasing deployment of airborne radars by defense ministries to strengthen their national air defense systems is driving the market growth. For instance, in December 2018, The Lithuanian Defense Ministry deployed two long-range 3D radars in Southern and Western Lithuania for conducting air surveillance tasks.
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Regional: Segment Analysis
Geographically, Asia-Pacific region is expected to grow at a significant CAGR over the forecast period due to increasing Aerospace Industry, emerging need to monitor security threats and its growing use to capture traffic offenders. Emerging need for automotive radars owing to the surge in marine transportation of goods and an increase in the border tensions among the adjacent nations are expected to expand the regional growth. Moreover, increase in the defense budget among developing nations like India and China has augmented the research and development in 3D radar technologies by different vendors, augmenting the market growth.
On the other-hand, North American region is projected to lead the 3D Radars Market during the forthcoming years due to the strategic government initiatives to integrate technologically advanced surveillance systems in their respective Militaries. Increasing production of warfare technologies to monito weather condition because of the increasing incidences of natural calamities such as cyclones, floods, hurricane, etc., will expand the regional growth.
Top Market Players
The report also profiles the major companies active in this field, including Northrop Grumman Corporation (US), Raytheon Company (US), Airbus Defense and Space (US), Thales Group, BAE Systems Plc, Honeywell International Inc, SAAB Group, Harris Corporation, Rheinmetall AG, ASELSAN A.S., ELTA Systems Ltd, Leonardo S.P.A etc.
Key developments:
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- In 2019 – Saab’s Giraffe 1X Radar has been installed on Supacat Jackal Vehicle for military applications. The Giraffe 1X is a lightweight 3D radar for ground-based air defense role as well as for civil applications such as airports and site protection as well as naval applications for all types of vessels. It is designed for flexibility of integration, with the option for both mounted and dismounted applications.
- September 2019- Echodyne Corporation announced that it received approval from the Federal Communications Commission (FCC) for widespread deployment of its EchoGuard radar and has completed the delivery of the first 100 EchoGuard radars to the US and other overseas armies.
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The global 3D radar market is segmented on the basis of range, Frequency, platform and regions:
3D Radar Market by Range Global Revenue Forecast, 2016-2021
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- Long Range
- Medium Range
- Short Range
3D Radar Market by Frequency – Global Revenue Forecast, 2016-2021
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- C/S/X Band
- E/F Band
- L Band
- Others
3D Radar Market by Platform – Global Revenue Forecast, 2016-2021
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- Airborne
- Ground
- Naval
3D Radar Market by Region – Global Revenue Forecast, 2016-2021
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- North America
- Europe
- Asia-Pacific
- RoW
Countries with high growth opportunity for 3D Radar Market Revenue Forecast, 2016-2021
• USA
• Germany
• France
• U.K.
• Russia
• China
• Japan
• India
• Canada
• Israel
3D Radar Market Competitive Landscape & Company Profiles
• Major Players and their Market Share Analysis
• New product launches
• Mergers and acquisitions
• Collaborations, partnerships, agreements and joint ventures
- Published Date: Feb-2020
- Report Format: Excel/PPT
- Report Code: ES02A-00-0917
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The report is used by the purchaser (One Individual) only
Multi-User License:Report is shared with maximum 5 users (employees) including the purchaser of the purchasing corporation only
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Report is shared with unlimited user (employees) of the purchasing corporation only
Global 3D Radar Market by Frequency Band, Range, Platform, Region – Forecast to 2021
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