X-Band Radar Market Size, Industry Share and Forecast, 2030

Posted 2024-04-02 10:37:44

X-Band Radar Market

The global X-Band Radar Market size was worth around USD 5.71 Billion in 2022 and is predicted to grow to around USD 8.25 Billion by 2030 with a compound annual growth rate (CAGR) of roughly 4.70% between 2023 and 2030.

X-band radars are employed in many different contexts, including long-range surveillance radar for military purposes and air traffic control and alarm systems in airports. X-band radars fall into two categories: mobile X-band radars and sea-based X-band radars. The floating towers in the sea are home to the sea-based x-band radar. In coastal areas, transportable X-band radar is typically utilized. The frequency range that X-band radars operate in is 8 GHz to 13 GHz.

X-Band Radar Market

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Global X-Band Radar Market: Segmentation

Global market segmentation for X-band radars is based on application, type, and array. The worldwide X-band radar market is divided into three segments based on application: government, defense, and commercial. It is also possible to sub-segment each of these segments. There are three categories for defense applications: airborne, land-based, and naval. Border and homeland security applications are separate sections of the government application. The commercial applications are divided into four categories: airspace surveillance, perimeter security, weather detection, and facility monitoring. The market is divided into two segments based on the type: mobile X-band radar and sea-based X-band radar. The market is divided into two segments based on the array: active electronically scanned array and passive electronically scanned array.

Global X-Band Radar Market: Competitive Players

The key market players in the X-band radar market include Raytheon Company, Japan Radio Company Limited, Furuno Electric Co., Ltd., Northrop Grumman Corporation, Saab Group, Israel Aerospace Industries Ltd., Terma A/S, Detect Inc., ProSensing, Inc., and Reutech Radar Systems.

Global X-Band Radar Market: Growth Factors

The growing significance of aviation safety is the primary driver of the worldwide X-band radar market. The general safety of air travel is enhanced by the use of X-band radars. The application of this technology in weather and climate forecasts is another element that predicts the expansion of the worldwide market. The need for X-band radar is being driven by a number of manufacturers that are placing a strong emphasis on developing end-to-end products as well as services including customer support, maintenance and infrastructure, and logistics. The market for X-band radars is expanding as a result of technological developments in the industry.

Global X-Band Radar Market: Regional Analysis

Geographically, the X-band radar market is diversified into regions such as North America, Europe, Asia-Pacific, and Rest of the World. The region that dominated the X-band radar market is the North America. The factor that attributes this market growth is the increasing demand for border security and homeland security. Europe has also emerged in the X-band radar market and the reason behind this growth is the economic and political stability. For maintaining the stability and order in the region, military assistance was required where they utilized equipment such as tactical helicopters, control systems, submarines, and Gripen aircraft. Asia Pacific region is also growing at a very good rate owing to the growing demand for the portable X-band radars that is used for facility surveillance, critical infrastructure monitoring, border security, weather detection, and other functions.

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Global X-Band Radar Market: Competitive Players