Global Market Size, Forecast, and Trend Highlights Over 2025-2037
X-Band Radar Market size was over USD 6.48 billion in 2024 and is projected to reach USD 11.06 billion by 2037, witnessing around 4.2% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of X-band radar is evaluated at USD 6.71 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.
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
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Base Year |
2024 |
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Forecast Year |
2025-2037 |
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CAGR |
4.2% |
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Base Year Market Size (2024) |
USD 6.48 billion |
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Forecast Year Market Size (2037) |
USD 11.06 billion |
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Regional Scope |
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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
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By Type |
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By End-Use |
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By Application
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Customize this ReportX-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 predicted to dominate majority revenue share by 2037, 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.
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.
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.
In the News
Author Credits: Abhishek Verma
- Report ID: 145
- Published Date: Dec 23, 2024
- Report Format: PDF, PPT
