The global Radar market is projected to reach $46.48 billion by 2028, expanding at a compound annual growth rate (CAGR) of 4.47% from 2021 to 2028. This growth is driven by several macro and microeconomic factors, including increasing demand for advanced passenger vehicles, heightened concerns regarding vehicle and driver safety, and the implementation of stringent safety regulations.
The latest research report by Evolve Business Intelligence explores the various factors influencing the global market. It includes an analysis of the current market size, forecasts for key segments and regions, and the driving forces behind market growth. The report examines the potential impacts of key trends on business strategies and provides a SWOT analysis of critical sectors for each major competitor and customer group. This valuable data highlights the conglomerates likely to impact the industry, crucial for any company planning to invest strategically over the next five years. These insights complement our initial quantitative study, aiding in new investments and strategic planning to mitigate threats in existing sectors.
Segments covered
By Product Type (Continuous Wave Radar, Pulse Radar, Others)
By Application (Air Traffic Control, Remote Sensing, Ground Traffic Control, Space Navigation & Control)
Key players
Northrop Grumman Corporation
Lockheed Martin Corporation
SAAB AB
Rockwell Collins Inc.
Thales Group
Honeywell International Inc.
L-3 Communications Holdings
General Dynamics Corporation
BAE Systems
Dassault Aviation
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