Industry Background:
Military Man-portable radar is a compact surveillance radar system that may be carried and controlled without the use of a vehicle. Military Man-portable radar was created to bring radar to regions where vehicle support isn't available. The convenient man-machine interface enables quick self-location and setting up of monitoring areas, as well as advanced interface guidance capabilities. As countries around the world seek to increase their defense monitoring capabilities, demand for portable radar equipment has continued to rise.This growth is primarily driven by Rising Defence Budget and Growing Concerns over Border Security Due to Socio-Political Disputes
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Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Volume Unit | K Tons |
Value Unit | USD (Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Aerospace & Defense sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Manufacturers, such as Thales Group (France), Leonardo S.P.A (Italy), Saab AB (Sweden), Telefunken Racoms (Germany), Northrop Grumman Corporation (United States), Lockheed Martin Corporation (United States), Israel Aerospace Industries (Israel), ASELSAN A.S. (Turkey), L3 Harris (United States) and The Raytheon Company (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
In June 2021 Thales Group Released a Statement of Acquiring Moog Navigation Aids Business. Thales will get “man-portable” technology as part of the deal, in addition to permanent navigation aids, to support contingency air operations and expanding military mobility needs. Thales' engineering, industrial, and technology capabilities in the United States will be enhanced as a result of the post-acquisition integration.The demand for Military Man-Portable Radar Market is increasing with each passing day. The Companies in this industry are facing many challenges as demand is increasing due to constant Socio-Political border issues and rise in terrorism threats. The Industry leaders are facing competition from BAE Systems, Elbit Systems, Safran, Ultra Group . Many international as well as domestic companies are also participants in the industry and directly compete with leaders. It has been identified that market-leading players are investing heavily in technological development, resource utilization to boost the market position.
Influencing Trend:
Advancement in Accuracy, Range and Speed have been the Design Drivers for Portable Radar System
Market Growth Drivers:
Rising Defence Budget and Growing Concerns over Border Security Due to Socio-Political Disputes and Development in Military Equipment’s and Defence Technologies
Challenges:
Over Large Distances, Magnetic Systems are Incorrect and The Front Section of the Navigation Relay is Prone to Freezing
Restraints:
High-Cost of Radar System and its Maintenance and Satellite-Corrected Navigation is Vulnerable to Jamming / Scamming
Opportunities:
The Development of 3D Radar System
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Manufacturers landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Military Man Portable Radar System Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Military Man Portable Radar System Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols: By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Military Man Portable Radar System players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Military Man Portable Radar System Study Sheds Light on
The Military Man Portable Radar System Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Military Man Portable Radar System industry Manufacturers. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Military Man Portable Radar System industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Manufacturers can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.