Global Nautical Radio Wave Radar Market Growth 2024-2030

Global Nautical Radio Wave Radar Market Growth 2024-2030

Nautical radio wave radars are radar detectors installed on ships for navigation avoidance, ship positioning, and narrow channel navigation. Wavelet electromagnetic waves are emitted when the echo is received, which helps to identify the range, angle or velocity of the target. Nautical radio wave radars offer advantages for maritime navigation and collision avoidance. It provides mariners with the necessary means of observation when visibility is poor, and even in adverse weather or climatic conditions, they can detect stationary and moving objects, which helps avoid accidents.

The global Nautical Radio Wave Radar market size is projected to grow from US$ 2108 million in 2024 to US$ 2906 million in 2030; it is expected to grow at a CAGR of 5.5% from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Nautical Radio Wave Radar Industry Forecast” looks at past sales and reviews total world Nautical Radio Wave Radar sales in 2023, providing a comprehensive analysis by region and market sector of projected Nautical Radio Wave Radar sales for 2024 through 2030. With Nautical Radio Wave Radar sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Nautical Radio Wave Radar industry.

This Insight Report provides a comprehensive analysis of the global Nautical Radio Wave Radar landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Nautical Radio Wave Radar portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Nautical Radio Wave Radar market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Nautical Radio Wave Radar and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Nautical Radio Wave Radar.

United States market for Nautical Radio Wave Radar is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

China market for Nautical Radio Wave Radar is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Europe market for Nautical Radio Wave Radar is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Global key Nautical Radio Wave Radar players cover Furuno Electric, Miros Group, Lockheed Martin, Raytheon, Saab, etc. In terms of revenue, the global two largest companies occupied for a share nearly

% in 2023.

This report presents a comprehensive overview, market shares, and growth opportunities of Nautical Radio Wave Radar market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
X Band Radars
S Band Radars

Segmentation by Application:
Merchant Marine
Fishing Vessels
Military
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Furuno Electric
Miros Group
Lockheed Martin
Raytheon
Saab
Northrop Grumman
Radac
BAE Systems
JRC
Garmin
Wartsila
Raymarine (FLIR Systems)
Navico Group
GEM Elettronica
HENSOLDT UK
Koden Electronics
Rutter
Kongsberg Maritime
TOKYO KEIKI
Helzel Messtechnik GmbH

Key Questions Addressed in this Report

What is the 10-year outlook for the global Nautical Radio Wave Radar market?

What factors are driving Nautical Radio Wave Radar market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Nautical Radio Wave Radar market opportunities vary by end market size?

How does Nautical Radio Wave Radar break out by Type, by Application?

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