x band radar market size, demand & global opportunity analysis outlook 2021
TRANSCRIPT
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Global X Band Radar Market Outlook :
Industry Insights & Opportunity Evaluation,
2015-2021
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Global X Band Radar Market overview
X band radar technology is basically used for air traffic
control at airport, wide range surveillance, and lots of
defense applications. There are two types of X band radar
systems used for different purposes. First is mobile X band
radar (9.375 GHz, 3cm), the radar has a variety of
applications like information related to tropical cyclones,
cloud microphysics, hydrology and urban rainfall. Mobile
X band radar is generally deployed at coastal areas.
Second is, sea based X band radar, the radar is mounted
on a floating tower attached in the sea. The radar is
designed to operate in high winds and heavy seas, and
basically used for military and defense purposes.
The global X band radar market is mainly driven by the
increasing demand in the defense, government and
commercial segment. Due to the growing need of advance
security and surveillance system, governments across the
world now needs complete security and surveillance in
order to safeguard people in their country from upcoming
threats. The vendors of aerospace and defense equipment
are also aiming at developing advance security and
surveillance systems technology that can detect threat
from long distance.
.
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Market segmentation
1. By Type:-
There are two types of X band radar used for different
purposes.
Mobile X band radar
Sea X band radar
2. By Application:-
On the basis of application, the global X band market can
be categorized into
Following segments
Defense
Government
Commercial
3. By Region:-
Geographically, the global X band market can be
segmented in to following
regions
North America Americas Western Europe Eastern Europe Africa Asia-Pacific
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Growth drivers and challenges
Rise in sea trading, increases the implementation of X-
band radars in ships and harbors leads to growth of global
X band radar market during the predicted period. Launch
of new military communication satellite, growing demand
of defense securities and shortage of vendors are the main
growth drivers of global X band market. The key
challenges faced by the X-band radar market are strict
government regulation by current governments, increasing
demand of X band radar in commercial segment. Due to
increase in the use of X band radar in commercial
segment, the X-band frequency spectrum is getting
congested. This factor results in the government agencies
restraining from allocating this frequency range for
commercial purposes.
Market size and forecast
The market is expected to project a significant growth rate
of 3.49% between 2015 and 2020. The market is estimated
to be valued at $4.32 billion by the end of 2015 and is
expected to uplift up to $5.08 billion, reflecting a (CAGR)
of 5.4% by the end 2020. The development and launch of
several new satellites through different programs are
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expected to have a positive impact on market growth
during the forecast period. Americas will account for the
largest market share during the forecast period and will
grow at a CAGR of close to 5% by 2020. Global seaborne
trade is expected to reach 24 billion tons and will
positively affect the X band global market.
Source: Research Nester
Key players
Following are the leading players providing X band radar
across the globe:-
XX%
XX%
XX%
Global Smart Door Market Market(CAGR) Forecast 2020- By Major Geographies
North America Europe Asia-Pacific
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Israel Aerospace Industries (IAI)
Northrop Grumman
Raytheon
Reutech Radar Systems
Saab Group
Japan Radio Company Limited
Furuno Electric Co Ltd
Prosensing Inc
Scope and Context
Overview of the Parent Market
Analyst View
Market Size and Growth
North America (U.S., Canada)
Latin America (Mexico, Brazil, Rest of Latin America)
Western and Eastern Europe (Germany, Italy, Spain,
France, U.K, Benelux, Hungary, Rest Of Western
Europe, Russia Poland, Rest of Eastern Europe)
Asia-Pacific (China, India, Singapore, Japan, Australia
& New Zealand & Rest of Asia)
Middle East and North Africa (MENA)
Rest of World
Segmentation
By Equipment Type
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By End-User
By Region
Market Dynamics
Supply & Demand Risk
Competitive Landscape
Porter’s Five Force Model
Geographical Economic Activity
Key Players (respective SWOT Analysis) and their
Strategies and Product Portfolio
Recent Trends and Developments
Industry Growth Drivers and Challenges
Key Information for Players to establish themselves in
current dynamic environment
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