X Band Radar Market Size

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

X Band Radar Market Size

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.


X-Band Radar Market 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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