What is Surveillance Radar Market?
Surveillance radar system detects, track and identify small and illusive objects. Surveillance radar system designed for coastal and maritime surveillance missions. There are multi-sensor systems built with radar, camera, AIS and GPS that are networked for wide-area surveillance. The radar uses advanced signal processing techniques with a low threshold to target small and large targets.
The market study is being classified by Type (Battlefield Surveillance Radars, Ground-Based Air Surveillance Radars, Ground-Based Space Surveillance Radars, Coastal Surveillance Radars, Airport Surveillance Radars, Air-To-Ground Surveillance Radars and Airborne Maritime Surveillance Radars), by Application (Asset Protection, Law Enforcement, Marine Traffic Management, Collision Avoidance, Oil Spill Detection, Wave Management and Defense & Space) and major geographies with country level break-up.
Aselsan (Turkey), Blighter Surveillance Systems Ltd. (United Kingdom), Detect Inc. (United States), Elbit Systems Ltd. (Israel), Flir Systems, Inc. (United States), GEM Elettronica (Italy), Hensoldt (Germany), Raytheon Company (United States), Saab AB (Sweden) and Terma A/S (Denmark) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Thales Group (France), Honeywell Inc. (United States), Harris Corporation (United States), Israel Aerospace Industries Ltd. (Israel), Leonardo S.P.A (Italy) and Lockheed Martin Corporation (United States).
The market is fragmented by key vendors who are focusing on production technologies, improving efficiency and shelf life. Growth opportunities can be captured by tracking the ongoing process improvement and financial flexibility to invest in optimal strategies. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Surveillance Radar market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Surveillance Radar market by Type, Application and Region.
On the basis of geography, the market of Surveillance Radar has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- High growth in border surveillance systems
- The growing requirement in missile detection systems
- Enhancement in radar technologies
Market Trend
- Technology advancement including broadband radar, software-defined radars, 3D radars
Restraints
- Fluctuation in weather condition can impact the accuracy of radar
- Stringent regulatory challenges
Opportunities
- Increase advancement in surveillance technology
- Strong investment of government on research and development activities for improvement of radial signal processing
Challenges
- Facing Challenges Because of Electromagnetic Jamming
In Mar 2019, Terma revealed SCANTER enhanced surface movement radar, which advantages in digital signal processing and also improves situational awareness capability and high precision. This will provide enhanced situational detection and tracking on airport between the asphalt and infield grass area.
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Surveillance Radar Manufacturers, Suppliers and Distributors, Government Regulatory and Research Organizations and End-Use Industries