Weather Radar Market Analysis

  • Report ID: 3413
  • Published Date: Sep 18, 2024
  • Report Format: PDF, PPT

Weather Radar Market Analysis

The market is segmented by installation into airborne, land-based, and others out of which, the airborne segment is anticipated to hold the largest share in the global weather radar market over the forecast period on account of higher accuracy of airborne weather radars, backed by rising fluctuations in the climatic conditions. The market is segmented on the basis of end-user into aviation, industrial, weather monitoring, military & defense, and others, out of which, the aviation segment is estimated to gain significant market share over the forecast period, owing to the escalating air travel and delivery through air. According to the data by the International Civil Aviation Organization, 4.397 billion people travelled through airways in 2019. Over 35 million flights were performed by aircrafts in the same year. People are choosing airways over roadways to save time, which is why aviation industry is focusing on weather forecast systems to ensure safe and smooth travel. This is estimated to boost the segment growth. Moreover, the military & defense segment is anticipated to garner notable share by the end of 2030, owing to increasing demand for independent weather radars in the military bases for efficient observation of weather conditions in the area. 

Our in-depth analysis of the global market includes the following segments

By Installation

  • Airborne
  • Land-Based 
  • Others

By Component

  • Transmitter
  • Receiver
  • Antenna
  • Others

By End-User

 

  • Aviation
  • Industrial
  • Weather Monitoring
  • Military & Defense
  • Others
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Browse Key Market Insights with Data Illustration:


Author Credits:  Abhishek Verma


  • Report ID: 3413
  • Published Date: Sep 18, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Rising government concerns to reduce damage backed by increasing incidences of weather disturbances to boost the market growth.

The market is anticipated to attain a CAGR of ~5% over the forecast period, i.e., 2022 – 2030.

High competition from other technologies is estimated to hamper the market growth.

The market in the North America is estimated to provide more growth opportunity over the forecast period on the back of increasing government expenditure on military and defense sector.

The major players in the market are Enterprise Electronics Corporation, Furuno Electric Co., Ltd., Collins Aerospace, Beijing Metstar Radar Co., Ltd., LEONARDO Germany GmbH, Gamic mbH, and others.
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