• / Free eNewsletters & Magazine
  • / My Account
Home>$1.77 Bn 3D Radar Market by Frequency Band, Range, Platform & Region - Global Forecast to 2022 - Research and Markets

$1.77 Bn 3D Radar Market by Frequency Band, Range, Platform & Region - Global Forecast to 2022 - Research and Markets

$1.77 Bn 3D Radar Market by Frequency Band, Range, Platform & Region - Global Forecast to 2022 - Research and Markets

09/20/2017

$1.77 Bn 3D Radar Market by Frequency Band, Range, Platform & Region - Global Forecast to 2022 - Research and Markets

The "3D Radar Market by Frequency Band (C/S/X Band, L Band, E/F Band, Others), Range (Long, Medium, Short), Platform (Airborne, Ground, Naval), Region (North America, Europe, Asia Pacific, Middle East, RoW) - Global Forecast to 2022" report has been added to Research and Markets' offering.

The 3D radar market is projected to grow at a CAGR of 20.36% from 2017 to 2022

The emergence of modern warfare techniques, adoption of 3D radar by airports, and geopolitical instabilities in the Middle East and Asia Pacific regions are the key factors driving the growth of the 3D radar market. However, increasing deployment of ballistic missiles and air & missile defense systems offers opportunities for the growth of the 3D radar market during the forecast period.

Based on the platform, the airborne segment is estimated to account for the largest share of the 3D radar market in 2017. The growth of this segment of the market can be attributed to the increasing applicability of airborne 3D radar in the aerospace industry. Airborne 3D radar is deployed in both, civil as well as military aircraft. Airborne 3D radar facilitates the detection of another aircraft without requiring visual contact during conditions of reduced visibility. It also provides information with respect to weather conditions and issues warnings to pilots.

The North American region is estimated to account for the largest share of the 3D radar market in 2017. The increased demand for different types of 3D radar that are utilized in surveillance activities is anticipated to drive the growth of the 3D radar market in the North American region. In addition, the military forces of the US are currently involved in replacing their legacy radar systems with highly advanced 3D radar systems.

Thus, the development of advanced radar systems is one of the most significant factors driving the growth of the North America 3D radar market. The Asia Pacific 3D radar market is projected to grow at the highest CAGR during the forecast period, owing to the increased military budgets and deployment of various defense systems, such as X-band radar at military bases.

Key Topics Covered:

©2017 Morningstar Advisor. All right reserved.