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X-Band Radar Market Size & Share, by Type (Mobile and Sea X-Band Radar); End-Use (Defense, Government, Civil); Application (Satellite Communication, Wireless Computer, Weather Detection) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2024-2036

  • Report ID: 145
  • Published Date: Sep 19, 2024
  • Report Format: PDF, PPT

Global Market Size, Forecast, and Trend Highlights Over 2024-2036

X-Band Radar Market size was over USD 6.22 billion in 2023 and is expected to reach USD 10.62 billion by the end of 2036, growing at around 4.2% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of X-band radar is assessed at USD 6.43 billion.

The growth of the market can be attributed to the growing defense sector globally backed by growing security concerns among various nations in the world. Moreover, varied application of X-Band radars, including, weather forecast, airspace monitoring, air traffic management, naval security, and others, are estimated to significantly boost the market growth.

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X-Band Radar Sector: Growth Drivers and Challenges

Growth Drivers

  • Growing Demand for Radars in Defense Sector
  • Increasing International Trade through Waterways
  • Constant Technological Advancements in Micro and Radio Waves

Challenges

  • Restraints by Government on Commercial Use

X-Band Radar Market: Key Insights

Base Year

2023

Forecast Year

2024-2036

CAGR

4.2%

Base Year Market Size (2023)

USD 6.22 billion

Forecast Year Market Size (2036)

USD 10.62 billion

Regional Scope
  • North America (U.S., and Canada)
  • Asia Pacific (Japan, China, India, Indonesia, South Korea, Malaysia, Australia, Rest of Asia Pacific)
  • Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Latin America (Mexico, Argentina, Brazil, Rest of Latin America)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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X-Band Radar Segmentation

The X-Band radar market is segmented by type into mobile and sea X-Band radar, out of which, the mobile segment is anticipated to hold the largest share in the market during the forecast period on account of application of mobile X-Band radar in border security, coastline security and commercial activities. On the basis of end-use, the market is segmented into defense, government, and civil, out of which, the defense segment is estimated to experience largest share over the forecast period, owing to the rising security concerns amidst rising terror activities. 

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

By Type
  • Mobile X-Band Radar
  • Sea X-Band Radar

By End-Use
  • Defense
  • Government
  • Civil

By Application

 
  • Satellite Communication
  • Wireless Computer
  • Weather Detection
  • Others

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X-Band Radar Industry - Regional Synopsis

North America Market Statistics

Regionally, the global X-Band radar market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America, and Middle East & Africa region. North America industry is anticipated to dominate majority revenue share by 2036, led by strong defense sector, backed by high government funding in the defense industry. Moreover, increasing investment in technological R&D activities, along with air traffic control, is estimated to boost the market growth in the region.

APAC Market Analysis

The market in Asia Pacific is anticipated to witness the highest growth during the forecast period owing to the increasing international trade over the huge coastline, along with the rising need to combat terror activities. The market in Middle East and Africa is also projected to experience significant growth over the forecast period owing to the growing terrorism in the region.

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Companies Dominating the X-Band Radar Landscape

    • Japan Radio Co.
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis 
    • Hensoldt AG
    • Terma A/S
    • Israel Aerospace Industries Ltd.
    • Northrop Grumman Corporation
    • Raytheon Technologies Corporation
    • Reutech Pty (Ltd)
    • Saab AB
    • Furuno Electric CO., LTD.
    • Prosensing Inc.

Author Credits:  Abhishek Verma


  • Report ID: 145
  • Published Date: Sep 19, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Growing demand for X-Band radars amongst the defense sector to strengthen border security is the major factor driving the market growth.

The market is anticipated to attain a noteworthy CAGR over the forecast period, i.e., 2021-2029.

Government regulations on commercial use of X-Band frequency is estimated to hamper the market growth.

The North America region will provide most growth opportunities for the market, on the back of high government funding in the defense sector in the region.

The major players in the market are Terma A/S, Israel Aerospace Industries Ltd., Northrop Grumman Corporation, Raytheon Technologies Corporation, Reutech Pty (Ltd), Saab AB, Furuno Electric CO., LTD. and Prosensing Inc.
X Band Radar Market Report Scope

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