Market NEWS: The 3D radar market is estimated to grow from USD 702.8
Million in 2017 to USD 1,775.0 Million by 2022, at a CAGR of 20.36% from 2017
to 2022.
The objectives of this
study are to analyze the 3D radar market, along with its statistics from 2017
to 2022. It also aims to define, describe, and forecast the 3D radar market on
the basis of the frequency band, range, platform, and region. The year 2016 has
been considered to be the base year for this study on the 3D radar market,
whereas 2017 to 2022 has been considered as the forecast period for the study.
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Based
on the frequency band, the 3D radar market has been segmented into C/S/X band,
L band, E/F band, and others. A frequency band is an interval at which a
particular radar transmits a signal. These frequency bands are distinguished by
their wavelengths, which range from 0 GHz to 40 GHz. Radio frequency waves are
sent through antennas into space that are then reflected from the targets.
 |
| 3D radar market |
Based on the platform,
the 3D radar market has been segmented into airborne, ground, and naval. The
ground segment of the 3D radar market is projected to witness the highest
growth during the forecast period while the airborne segment is expected to
lead the market in 2017. The manufacturers of different types of airborne 3D
radar are making efforts to develop specialized airborne 3D radar for Unmanned
Aerial Vehicles (UAVs) as the use of airborne 3D radar in Unmanned Aerial
Vehicles (UAVs) enables easy data collection of fast-changing terrains, such as
snow slopes and active volcanoes.
Know
more about the Global Market:
Major players in the 3D
radar market include Northrop Grumman Corporation (US), Raytheon Company (US),
Airbus Defense and Space (US), etc.
The North American region
is expected to lead the 3D radar market during the forecast period from 2017 to
2022.
The North American region
is expected to lead the 3D radar market during the forecast period. The growth
of the North America 3D radar market can be attributed to the increased demand
for radar systems in surveillance activities. In addition, the military forces
of the US are currently involved in replacing their legacy radar systems with
highly advanced 3D radar systems, which is also fueling the growth of the 3D
radar market in the region.
Target
Audience for this Report:
·
Original Equipment Manufacturers (OEMs)
·
Defense Organizations
·
Manufacturers of Defense Systems
·
Component and Material Manufacturers of 3D
Radar Systems
·
3D Radar Research Centers
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