Market Snapshot:
Ground surveillance radar systems are high technology sensor systems that monitor surrounding critical infrastructure areas such as airports, military installations, borders, and other critical industries. It detects movement at the ground level of targets such as an individual walking or crawling or different size of vehicles. This system is used on borders areas and critical facilities. The systems can be configured as battery-powered tactical assets for reconnaissance and surveillance missions for border security. Due to COVID-19, the slowdown in the economy which delays the projects and installation of ground surveillance radar on airports, border, power plants, and camps.
Market Drivers
- The market is driven by the factors such as growing intelligence and surveillance requirements that drive the market growth
- Rising adoption for military industries and security applications
Market Trend
- Increasing trend for radio frequency technology and increase in demand for early identification system
Restraints
- Inability of GSR to recognize the short-range target
Opportunities
Increasing demand for defense forces for technologically advanced warfare systems and focused on the development of aircraft and other industries and Increasing investment in application or surveillance technologies
Manufacturers Covered in the Study are:
Aselsan A/S (Turkey), FLIR Systems, Inc. (United States), Lockheed Martin Corporation (United States), Hensold (Germany), Raytheon Company (United States), Thales Group (France), Israel Aerospace Industries Ltd. (Israel), L3Harris (United States), Hensoldt (Germany), Kelvin Hughes (United Kingdom), Honeywell (United States) and Northrop Grumman Corp. (United States)
The Global Ground Surveillance Radar (GSR) Systems market is gaining huge competition due to involvement of United States companies that constantly invest in research & development to meet market expectation with new innovation.
What can be explored with Ground Surveillance Radar (GSR) Systems study:
Where Ground Surveillance Radar (GSR) Systems industry stands in scaling its end use implementations
What concrete benefits would result from scaled initiatives by Manufacturers
Where Manufacturers should focus their investments cycle
Key success factors and recommendations for upscaling future growth.
Target Market / Country and Key Business Segments