Global Market for Continuous Wave Radar is Anticipated to grow at a Significant Pace i.e., USD 2.1 Billion during the Forecast Period 2022-2030

Published Date: Dec, 2022

The global Continuous Wave Radar industry is expected to grow at a CAGR of 6.17%during the forecast period. Continuous wave radar is a type of radar system that continuously emits a signal. Thus, while transmitting, it must also receive a signal from any reflecting objects.  Radars that place a greater emphasis on velocity measurements, like police radars or artillery muzzle velocity radars, use the CW design. The ability to distinguish between the transmitted signal and the received signal is made possible by the Doppler shift. The high-resolution velocity measurement is made possible by the long signal duration. The increased concern for safety and security, the surge in defense budgets, and increased construction of new airports and terminals will significantly drive the continuous wave radar market development. Moreover, the increased terrorist activities, global conflicts, and border incursions are considerably contributing to the market growth of the global continuous wave radar industry. Furthermore, these radars are being produced in huge quantities owing to their advantages which include long-range detection, flexible mounting, and resistance to bad weather conditions.  Also, other key drivers driving the continuous wave radar market's growth include technological advancements and the growing demand for high-tech weapons, equipment, and artillery. Hence, with increased demand for cutting-edge artillery systems, the continuous wave radar market is expected to expand significantly over the forecast period.

In September 2022, Lockheed Martin delivered a new benchmark to the Office of the Under Secretary of Defense for Research and Engineering OUSD (R&E): a tactically pertinent electric 300 kW-class laser, the most powerful laser produced by Lockheed Martin to date. This 300 kW-class laser is ready to integrate with DOD demonstration efforts, such as the United States Army's Indirect Fires Protection Capability-High Energy Laser (IFPC-HEL) Demonstrator laser weapon system. Lockheed Martin has enhanced the power and efficiency of continuous-wave high-energy lasers while decreasing the weight and volume, lowering the risk for future fielding efforts of high-power laser weapon systems.

Bowse 53 market data Tables and 35 Figures spread through 210 Pages and in-depth TOC on "Continuous Wave Radar Market by Type (Unmodulated Continuous Wave and Modulated Continuous Wave), by Component (Antenna, Receiver, Transmitter, and Others), by Application (Environmental Monitoring, Military, Resource Detection, and Others), and Region - Global Forecast to 2030

By Application, the Military segment will witness the largest market growth during the forecast period.

Military segment contributes to the largest share in the market. Continuous-wave radar is used extensively in the military. It is used to detect biological, chemical, and nuclear threats; to improve situational awareness by providing real-time information about the presence of humans, vehicles, or other objects on the ground at any time of day or night; and to improve the accuracy of weapon systems such as missiles, bombs, and so on. Also, continuous-wave radar is used by the military to guide semi-active radar homing (SARH) air-to-air missiles such as the AIM-7 Sparrow and the Standard missile family, thereby accelerating the growth in the military segment.

Global Continuous Wave Radar Market Segmentation Analysis

Segment

Categorization

Leading Category

Type

Unmodulated Continuous Wave and Modulated Continuous Wave

Modulated Continuous Wave (Largest)

 

Component

Antenna, Receiver, Transmitter, and Others

Transmitter (Significant Growth)

Application

Environmental Monitoring, Military, Resource Detection, and Others

Military (Largest)

Environmental Monitoring

(Significant Growth)

Region

North America, Europe, Asia-Pacific, and Rest of the World

Asia-Pacific

(Fastest)

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“Asia-Pacific is expected to witness significant growth during the forecast period in the global Continuous Wave Radar Market.”

APAC is anticipated to have significant growth in the continuous wave radar industry during the forecast period owing to increased funding and investments, the surge in research and development activities, and increased expenditure in the defense sector.  There is an increase in territorial disputes globally that leads to the need for effective monitoring systems, thereby raising national military budgets. Hence, driving the market growth for the global continuous wave radar industry.

Some of the major players in the global Continuous Wave Radar industry include AFFELDT Maschinenbau GmbH, AMETEK.Inc., Lockheed Martin Corporation, Collins Aerospace, BAE Systems, Banner Engineering Corp., Honeywell International Inc., Reutech Radar Systems, Thales, and Northrop Grumman Corporation.

Scope of the Report

Report Metric

Details

Market Size Available for the Years in the Study

2018–2030

Historical Period

2018–2021

Base Year

2022

Forecast Period

2022–2030

Segments Covered in the Study

Type, Component, Application, and Region

Geographies Covered in the Study

North America (U.S., Canada, Mexico), Europe (Germany, U.K., France, Italy, Spain, Russia), Asia-Pacific (China, Japan, India, South Korea), and Rest of the World (Brazil, Saudi Arabia, South Africa, U.A.E.)

Companies Covered in the Study

AFFELDT Maschinenbau GmbH, AMETEK.Inc., Lockheed Martin Corporation, Collins Aerospace, BAE Systems, Banner Engineering Corp., Honeywell International Inc., Reutech Radar Systems, Thales, and Northrop Grumman Corporation

Global Continuous Wave Radar Market Coverage

Type Insight and Forecast 2018-2030

  • Unmodulated Continuous Wave
  • Modulated Continuous Wave  

Component Insight and Forecast 2018-2030

  • Antenna
  • Receiver
  • Transmitter
  • Others

Application Insight and Forecast 2018-2030

  • Environmental Monitoring
  • Military
  • Resource Detection
  • Others

Geographical Segmentation

Continuous Wave Radar Market by Region

North America

  • By Type
  • By Component
  • By Application
  • By Country – U.S., Canada, and Mexico

Europe

  • By Type
  • By Component
  • By Application
  • By Country – Germany, U.K., France, Italy, Spain, Russia, and Rest of Europe

Asia-Pacific (APAC)

  • By Type
  • By Component
  • By Application
  • By Country – China, Japan, India, South Korea, and Rest of Asia-Pacific

Rest of the World (RoW)

  • By Type
  • By Component
  • By Application
  • By Country – Brazil, Saudi Arabia, South Africa, U.A.E., and Other Countries