The new report by Expert Market Research titled, ‘Global Airborne Fire Control Radar Market Share, Size, Analysis, Trends, Report and Forecast 2023-2028’, gives an in-depth analysis of the global airborne fire control radar market, assessing the market based on its segments like frequency bands and major regions.
The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
Airborne Fire Control Radar Share, Size, Trends, Industry Report, Key Player, Major Segments, and Forecast
The key highlights of the report include:
Market Overview (2018-2028)
- Historical Market Size (2021): USD 3.1 Billion
- Forecast CAGR (2023-2028): 80%
- Forecast Market Size (2027): USD 3.9 Billion
The rapid growth of the military and defence sector and the increased military spending by countries across the globe is driving the airborne fire control radar industry.
Get a Free Sample Report with Table of Contents: https://www.expertmarketresearch.com/reports/airborne-fire-control-radar-market/requestsample
The growing adoption of active electronically scanned array (AESA)-based systems owing to border security concerns is resulting in the steady growth of the market. The increasing territorial conflicts over natural resources and borders is playing a critical role in the incremental development of the airborne fire control radar industry. Moreover, the advantages of X bands, such as sharper image, wide-area surveillance, and better resolution, are likely to aid the market in the forecast period.
Airborne Fire Control Radar Industry Definition and Major Segments
The airborne fire control radar is a primary sensor that is used to search, track multiple targets, and command one’s missiles. The radar is operated from a control centre, and it emits radio waves in order to track information accurately and reduce the chance of losing track of the target.
The airborne fire control radar industry, by frequency band, is divided into:
The regional markets of airborne fire control radar include:
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
Read Full Report with Table of Contents: https://www.expertmarketresearch.com/reports/airborne-fire-control-radar-market
Airborne Fire Control Radar Market Trends
The investments made by the government worldwide to develop fire control radars is leading to the expansion of the airborne fire control radar industry. For instance: the Indian Defence Research and Development Organisation (DRDO) designed an Active Electronically Scanned Array radar, UTTAM, for the indigenous fighter craft Tejas.
Moreover, the wide range of fire control radar systems provided by leading industry players is also invigorating the market growth. Northrop Grumman Corporation offers AN/APG-77 AESA Radar; AN/APG-81 Active Electronically Scanned Array (AESA) Fire Control Radar, AN/APG-78 Longbow Fire Control Radar, and SABR (Scalable Agile Beam Radar) APG-83 AESA, among others. Further, the technological advancements in radar technologies and the investments made in research activities are expected to propel the market in the forecast period.
Key Market Players
The major players in the market are Northrop Grumman Corporation, Lockheed Martin Corporation, BAE Systems PLC, Raytheon Company, General Dynamics Corporation, and Airbus SE, among others.
The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
About Us :
Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.
EMR customises syndicated reports according to clients’ requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.
Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.
Media Contact :
Company Name: Claight Corporation
Contact Person: James Williams, Corporate Sales Specialist – U.S.A.
Email: [email protected]
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: 30 North Gloud Street, Sheridan, WY 82801, USA