Global 3D Radar Market – Analysis and Forecast (2018-2024)

Industry Insights by Range (Long Range, Medium Range and Short Range), by Platform Type (Ground, Airborne and Naval), by Frequency Band (L Band, C/S/X Band, E/F Band and Others)

Status : Upcoming
Report Code : VRICT5110
Available Format : PDF
Industry : ICT & Media

Industry Overview

3D radar is a device that ensures the user to attain radar coverage in three dimensions. The 2D radar is confined to providing information of range and bearing while 3D radar displays information of elevation, bearing and range. Moreover, 3D radar is largely being adopted by air force or defense for monitoring and surveillance of weather. Additionally, due to the increasing application of 3D radar in various industries is thus driving the growth of 3D radar market across the globe.

Market Segmentation

Insight by Range

On the basis of range, the 3D radar market is categorized into long range, medium range and short range. Among all these segments, medium range segment is anticipated to witness the fastest growth during the forecast period. These 3D radars are observing extensive applications in the defense domain and provide real-time information for surveillance resolutions without relying upon high pounding classifications. Furthermore, this segment is significantly contributing towards the growth of 3D radar market across the globe.

Insight by Platform Type

Based upon platform type, the 3D radar market across the globe is segmented into the ground, airborne and naval. Among all these segments, ground segment is anticipated to witness the fastest growth during the forecast period due to the increasing utilization of ground 3D radar to provide real-time information, threat evaluation, tactical surveillance and situational responsiveness are the key factors pertaining towards the growth of ground-based 3D radar thereby bolstering the growth of 3D radar market across the globe.

Insight by Frequency Band

The 3D radar market on the basis of the frequency band is categorized into L Band, C/S/X band, E/F band and others. Among all these segments, C/S/X band segment holds the largest share in 3D radar market globally. The C-band is extensively being used as a satellite transponder for long-range tracking extensively being used by military personnel for surveillance purpose at the time of battlefield. Furthermore, increasing popularity of C/S/X band in various emerged as well as emerging economies is thereby expected to enhance the growth of 3D radar market globally.

Industry Dynamics

Growth Drivers

The emergence of electronic warfare and network-centric warfare techniques, increasing development of ballistic missile and increasing deployments of UAVs are the major factors that are driving the growth of the 3D radar market across the globe. Due to the latest developments in the technology, there have been upgradations in the warfare techniques for these techniques the 3D radars are used. Further, the UAV systems are used for aerial vehicles that comprise a radar system to analyze the surroundings in the atmosphere. Moreover, these factors are thereby anticipated to provide rampant growth to the 3D radar market globally at an extensive rate.

Challenges

High installation costs and less skilled expertise are the challenges witnessed by 3D radar 3D radar industry players globally. However, high manufacturing cost and requirement of technical expertise for the installation of this system makes it costly and less affordable.

Industry Ecosystem

Globally industry players are leveraging market growth through the development of innovative solutions in 3D radar market worldwide. The vendors are extensively enhancing their offerings in a manner to provide radar surveillance offerings to its customers. Furthermore, it has been observed that the vendors for 3D radars are providing various solutions to users such as advanced technology for better delivery of images and the wider image interception.

Geographic Overview

Geographically, North America is the largest 3D radar market, globally due to the increasing deployment of ballistic missiles and increasing utilization of UAVs in this region. Furthermore, it has been observed that increasing adoption of latest warfare techniques with the advanced equipment and increasing investments in defense is another reason for the growth of the 3D radar market in this region.

Moreover, Asia-Pacific is anticipated to witness the fastest growth during the forecast period due to increasing developments in security standards and the increasing surveillance and monitoring of global threats. Moreover, emergence of nuclear states in this region had necessitated the implementation of 3D radar systems at a rapid pace. Furthermore, increasing initiatives undertaken by the government authorities towards investments in UAVs and the upgradation in air force jets are significantly contributing towards the growth of the 3D radar market across the globe.

Competitive Insight

Key players in 3D radar market are implementing acquisition activities in order to provide new capability to its users. For instance, in 2017 Thales had acquired Aveillant in order to enhance its product portfolio and gain competitive edge. Some of the key players in the 3D radar market across the globe include ASELSAN A.S., Northrop Grumman Corporation, Raytheon Company, Honeywell International Inc., Harris Corporation, Thales Group, SAAB Group, Rheinmetall AG, ELTA Systems Ltd, Airbus Defense and Space, and BAE Systems Plc.

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