|Status : Upcoming||Report Code : VRICT5110||Industry : ICT & Media||Available Format :|
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 the 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.
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 the 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 purposes at the time of the battlefield. Furthermore, the increasing popularity of the C/S/X band in various emerging as well as emerging economies is thereby expected to enhance the growth of the 3D radar market globally.
The emergence of electronic warfare and network-centric warfare techniques, increasing the development of ballistic missiles,s 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 technology, there have been upgrades in the warfare techniques for these techniques 3D radars are used. Further, 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.
The 3D radar market has been experiencing significant growth in recent years due to increasing demand from various sectors. In the defense and military sector, 3D radar systems are used for border surveillance, maritime security, and missile defense, among other applications. The automotive industry is also adopting 3D radar for advanced driver assistance systems (ADAS) and autonomous vehicles to enhance safety and enable features like collision avoidance and pedestrian detection.
In the automotive industry, 3D radar technology is being increasingly deployed for advanced driver assistance systems (ADAS) and autonomous vehicles. These radar systems help in object detection, pedestrian detection, blind-spot monitoring, and adaptive cruise control, among other applications.
High installation costs and less skilled expertise are the challenges witnessed by 3D radar industry players globally. However, the high manufacturing costs and requirement of technical expertise for the installation of this system make it costly and less affordable.
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 their 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 wider image interception.
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 the increasing adoption of the latest warfare techniques with 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, the 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.
Key players in the 3D radar market are implementing acquisition activities in order to provide a new capability to its users. For instance, in 2017 Thales acquired Aveillant in order to enhance its product portfolio and gain a 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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