A new Report by Delvens, titled "3D Radar Market” offers a comprehensive analysis of the industry, which comprises insights on the Global analysis. The report also includes competitor and regional analysis, and contemporary advancements in the market.
The global 3D Radar Market size is projected to reach a CAGR of 18.69% from 2023-2030.
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Radar stands for radio detection and ranging system. 3D radars are the upgraded version of 2D radars. A 3D radar provides a three-dimensional view in terms of the elevation, range, and velocity of the object. 3D radars can automatically detect airborne targets and can work under all weather conditions effectively.
3D radars are used for weather monitoring, surveillance, and for defense purposes. Further, 3D radars are very helpful in the precise prediction of natural disasters such as floods, earthquakes, cyclones, and hurricanes. Additionally, 3D radar can be used as a long-range warning system, which can detect enemy missiles and aircraft on the basis of their size and speed.
Regional Analysis
North America to Dominate the Market
On the other hand, North America dominated the 3D radar market, due to the presence of prominent companies such as Lockheed Martin Corporation and Northrop Grumman Corporation.
The market in the Asia-Pacific region is expected to witness the fastest growth owing to the increase in sea crimes and the adoption of marine transport of goods in the Indian Ocean and the Arabian Sea.
Competitive Landscape
- Airbus Defense and Space
- BAE Systems Plc
- ELTA Systems Ltd.
- Leonardo S.p.A
- Honeywell International Inc.
- Harris Corporation
- Northrop Grumman Corporation
- ASELSAN A.S.
- The Raytheon Company
- Thales Group
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Recent Developments
September 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 roles as well as for civil applications such as airports and site protection as well as naval applications for all types of vessels.
September 2019 - Echodyne Corporation announced that it received approval from the Federal Communications Commission (FCC) for widespread deployment of its Echo Guard radar and has completed the delivery of the first 100 Echo Guard radars to the US and other overseas armies.
The 3D Radar Market is segmented into various segments such as range, platform, frequency band, and region:
On the basis of range
- Long Range
- Medium Range
- Short Range
On the basis of the platform
- Airborne
- Ground
- Naval
On the basis of the frequency band
- C/S/X Band
- E/F Band
- L Band
- Others
On the basis of region
- Asia Pacific
- North America
- Europe
- South America
- Middle East Africa
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In addition to the market data for the 3D Radar Market, Delvens offers client-centric reports customized according to the company’s specific demand and requirement.
Frequently Asked Questions
What are the years considered to study this market intelligence report?
The 3D Radar Market is studied from 2023 - 2030.
What is the compound annual growth rate (CAGR) of the 3D Radar Market?
The 3D Radar Market is growing at a CAGR of 18.69% over the next 5 years.
Which region holds the largest market share in the 3D Radar Market?
North America holds the highest share in 2022 w.r.t 3D Radar Market
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