X Band Radar Market Share

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

X Band Radar Market Share

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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X-Band Radar Market Share Graph
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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.
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