What is Airborne Fire Control Radar Market Scope?
Airborne fire control radars, specifically designed to provide information to the fire control system for the calculation of the firing solution. Of late, key market players are focusing on the innovation in fire control radar technology for improved sensing and engagement of tactical short-range airborne threats. This development has increased the adoption rate of airborne fire control radars among the defence forces in both developing and developed countries.
Influencing Trend:
Advancements in Automatic Weapon Systems and Innovation in Fire Control Radar Technology for Improved Sensing and Engagement of Tactical Short-Range Airborne Threats
Market Growth Drivers:
Increasing Demand for Remotely-Operated Weapon Stations and Adoption of AESA-based Systems
Challenges:
Complexity and High Operational Cost, Regulatory Challenges for Sales to Overseas Countries and Highly Complicated and Sophisticated Products
Restraints:
Declining Defense Budgets of Emerged Economies
Opportunities:
Increasing Defense Expenditure of Developing Economies such as India, China, Brazil etc., and Ongoing Military Modernization Programs in Bothe Developing and Developed Nations
The Airborne Fire Control Radar market study is being classified, by Application and major geographies with country level break-up.
According to AMA, the Global Airborne Fire Control Radar market is expected to see growth rate of 4.8% and may see market size of USD2.45 Billion by 2028.The market is seeing moderate market players, by seeing huge growth in this market the key leading vendors are highly focusing towards the production technologies, efficiency enhancement and product life. There is various growth opportunity in this market which is captured by leading players via tracking the ongoing process enhancement and huge invest in market growth strategies. Analysts at AMA predicts that Manufacturers from United States will contribute to the maximum growth of Global Airborne Fire Control Radar market throughout the predicted period.
Lockheed Martin Corporation (United States), Northrop Grumman Corporation (United States), Raytheon Company (United States), General Dynamics Corporation (United States), SAAB Group (Sweden), Thales Group (France), Airbus SE (Netherland), Israel Aerospace Industries Ltd. (Israel), Leonardo S.p.A. (Italy) and BAE Systems. (United Kingdom) are some of the key players profiled in the study. Additionally, the Manufacturers which are also part of the research are Rockwell Collins (United States) and Reutech Radar Systems (South Africa).
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Airborne Fire Control Radar market by Type, Application and Region.
On the basis of geography, the market of Airborne Fire Control 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).
Market Influencers and their Development Strategies
In November 2021, Collins Aerospace acquires Dutch Thermoplastic Components to deliver lighter, cost-efficient and sustainable aircraft structures. With this acquisition, Collins will expand the use of advanced thermoplastics to make aircraft lighter and more fuel-efficient.
In 2021, Collins Aerospace announced the launch of its PerigonTM computer, available for a broad range of commercial and defense platforms. With advanced computing power, open-system architecture and flexible configurability, Perigon is designed to enable future flight control and vehicle management needs.
Key Target Audience
Airborne Fire Control Radar Manufacturers, System Integrators, Sensors and Components Manufacturers, Defense Software Providers, Original Equipment Manufacturers (OEMs), Subcomponent Manufacturers, Government Regulatory Bodies, Military Service Providers and Others
Airborne Fire Control Radar Market Study: Important Years
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Billion) |
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 |
Major Highlights of Market Study
Demand Determinants: Identifying top-notch application and business segments that seek high growth potentials in Airborne Fire Control Radar Market.
Key Strategic Developments: To target untapped regions more aggressively by focusing on product/service developments, innovation and R & D, new launches, Merger & acquisitions, JVs & partnerships.
Forces & Market Dynamics: Growth drivers, restraints & opportunities available in Airborne Fire Control Radar industry is examined with reference relevant market sectors and sub-sectors.
Customization available in this Study:
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
To compete effectively, companies also require quantitative estimates of the future growth and qualitative nature of the market. AMA Research features not just specific market sizing estimates, but also includes significant value-added commentary on Technological Trends and Innovations, Regulatory Policies, Market Maturity Indicators, Market Share Movements, New Entrants into the Market & Entry/Exit Barriers, Consumer Demographics, Supporting Company Financial and Cash Flow Planning, Open Up New Markets, To Seize Powerful Market Opportunities, Key Decision in Planning and to Further Expand Market Share, Identify Key Business Segments, Market Proposition & Gap Analysis.