Acknowledging the kind of traction gained by this market, recently published a study report asserts the Lab Furniture market is expected to reach USD 2247.5 million by 2027, registering a phenomenal CAGR of 6.4% during the review period (2022 to 2027).
Short Radar System Market Overview
RADAR technology in automobiles are predictable to drive the growing of the radar market size. The radar system is widely used in the automotive industry to enhance passenger cars' safety features and other conveyance systems. Radar deployed in automobile assists in lane instable assists in cruise control, helps maintain a safe distance from vehicles ahead and provides crash cautionary. Development in international maritime trade and the drive of high-volume goods are hopeful nations to rise their swift size and strike a balance amid supply and demand. Radar can be used to track these navies, and this is predictable to impact the growth of radar market size.The short radar systems market has been segmented into short, medium, and long range radars. The Short range is projected to be the fastest-growing segment of the market, due to the increased usage of short range radars in commercial applications. the Short Radar systems market has been segmented into pulsed radar and continuous wave radar. The pulsed radar segment is expected to lead the market. This growth can be attributed to the increased usage of pulse radars for efficient and accurate object detection and estimation of its range. The short radar systems market has been segmented into defense and commercial. The commercial radar segment is projected to lead the market. The growth can be attributed to the increasing demand for radars across all industries, including automotive and oil & gas. Based on frequency band, the C band segment is expected to witness the maximum growth during the forecast period, as C band radar can be used in military as well as commercial applications such as weather forecasting.
Who are the Major Players in Short radar systems Market?
The Short Radar System Market is growing at a very fast pace and has seen the focus of many local and regional vendors offering precise application products for multiple end users. The three dependencies for the status of major companies in the market are: company profile, profitable gross margin, the prices they charge. These are the main players in this market includes Lockheed Martin (US), Rockwell Collins (US), ASELSAN (Turkey), Thales, BAE Systems (UK), Reutech (South Africa), Robin (Israel), and others.
Industry News
June 3, 2019: BAE Systems, Inc. announced the acquisition of Riptide Autonomous Solutions (Riptide). It is a provider of an innovative, affordable unmanned underwater vehicle (UUV) technology and solutions. Addition of Riptide's technological capabilities will position BAE systems to provide customers unmatched flexibility by offering UUVs and integrated payload solutions capable of supporting a variety of critical missions.
What are the major Applications, Types and Regions for Short Radar System Market?
Short Radar System Market is segmented based on the type, applications, companies and regions.
By Type, it is segmented into
By Applications it is segmented into
- Defense
- Commercial
- Others
Short Radar System Market Regional Analysis
North America is expected to hold the largest RADAR market share during the forecast period. This dominance of North America is attributed to the growing application of RADAR in the automotive and well-established military sector.
Asia-Pacific region would exhibit the fastest growth with the highest CAGR of 5.60% during 2022-2027. The presence of many SMEs, manufacturing bases, increased radar technology adoption, and increasing sea trade are expected to favor the development of radar systems in the region.
- North America
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Middle East & Africa
- Latin America
The Short Radar System Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Short Radar System Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
What is our Short Radar System Market report scope?
Report Attributes
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Report Details
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Forecast Period 2022 to 2028 CAGR
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CAGR of 6.4% during the review period (2022 to 2027).
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By Type
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By Application
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- Defense
- Commercial
- Others
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By Companies
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Lockheed Martin (US), Rockwell Collins (US), ASELSAN (Turkey), Thales, BAE Systems (UK), Reutech (South Africa), Robin (Israel),
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Regions Covered
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- North America
- Europe
- Asia-Pacific
- Rest of the World
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Countries Covered
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- US
- Canada
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Middle East & Africa
- Latin America
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Base Year
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2022
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Historical Year
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2017 to 2021
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Forecast Year
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2022 to 2027
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Number of Pages
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119
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Customization Available
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Yes, the report can be customized as per your needs
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Key Takeaways from this Short Radar System Report
- Evaluate Short Radar System market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.
- Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.
- Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.
- Analyze the sales and distribution channels across geographies to enhance top-line revenues.
- Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.
- Get a quick outlook on the Short Radar System market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.
- Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.
All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
Frequently Asked Question -
What is the study period of this market?
The Short Radar System Market is studied from 2022-2027.
Who are the prime players in the Short Radar System Market?
Lockheed Martin (US), Rockwell Collins (US), ASELSAN (Turkey), Thales, BAE Systems (UK), Reutech (South Africa), Robin (Israel),
Which region held the largest share in the Short Radar System Market?
United States, Europe, China, Japan, Southeast Asia, India and Rest of World
What are the significant types of Short Radar System Market?
CW Radars, Pulsed Radars
What are the major end-use applications of Short Radar System Market?
Defense, Commercial, Others
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
