Airborne Fire Control Radar Market Size to Reach $4.5 Billion by 2020-2030 | Thales Group, Israel Aerospace Industries
OREGAON, PORTLAND, UNITED STATESย , June 25, 2024 /EINPresswire.com/ -- According to a new report published by Allied Market Research, titled, โAirborne Fire Control Radar Market," The airborne fire control radar market was valued at $2,499.30 million in 2020, and is estimated to reach $4.5 Billion by 2030, growing at a CAGR of 6.17% from 2021 to 2030.
Allied Market Research published a report, titled, "Airborne Fire Control Radar Market by Frequency Band (X-Band, L And S-Band, Ku/K/Ka-Band), by Platform (Fighter Jets, Combat Helicopters, Others), by Application (Air To Ground, Air To Sea, Air To Air): Global Opportunity Analysis and Industry Forecast, 2020-2030".
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ฌ - https://www.alliedmarketresearch.com/request-sample/1712
Active Electronically Scanned Array (AESA) technology in aircrafts has gained momentum as several airborne fire control radar manufacturing companies are focused on integrating AESA technology based radar in military jets and aircrafts. It offers high precision and efficiency as compared to generic radar systems. AESA-based system antennas comprise a large number of transmit/receive modules and each of the module acts as an individual radar. The AESA-based airborne fire control radar has the ability to operate in different frequency bands, thus enhancing tracking of the targets.
๐๐ซ๐ข๐ฆ๐ ๐๐๐ญ๐๐ซ๐ฆ๐ข๐ง๐๐ง๐ญ๐ฌ ๐จ๐ ๐ ๐ซ๐จ๐ฐ๐ญ๐ก
Growth in usage of active electronically scanning array (AESA) technology, rise in accession of fighter jets to improve aerial strength, and surge in military expenditure in numerous countries drive the growth of the global airborne fire control radar market. However, high maintenance cost hinders the market growth. On the other hand, technological advancements and upsurge in demand from emerging economies to address territorial conflicts present new opportunities in the coming years.
๐๐ก๐ ๐-๐๐๐ง๐ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ ๐ญ๐จ ๐ฆ๐๐ข๐ง๐ญ๐๐ข๐ง ๐ข๐ญ๐ฌ ๐ฅ๐๐๐๐๐ซ๐ฌ๐ก๐ข๐ฉ ๐ฌ๐ญ๐๐ญ๐ฎ๐ฌ ๐ญ๐ก๐ซ๐จ๐ฎ๐ ๐ก๐จ๐ฎ๐ญ ๐ญ๐ก๐ ๐๐จ๐ซ๐๐๐๐ฌ๐ญ ๐ฉ๐๐ซ๐ข๐จ๐
Based on frequency band, the X-Band segment held the highest market share in 2020, accounting for nearly half of the global airborne fire control radar market, and is estimated to maintain its leadership status throughout the forecast period. These types of radars are typically suitable for military applications such as interceptors, fighter jets, and helicopters, which in turn, is acting as a driving factor for the segment. Moreover, the Ku/K/Ka-Band segment is projected to manifest the highest CAGR of 7.8% from 2021 to 2030. Increasing demand for high-resolution, and close-range targeting radars on military aircraft supports the growth of this segment.
๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ: https://www.alliedmarketresearch.com/airborne-fire-control-radar-market/purchase-options
๐๐ก๐ ๐๐ข๐ซ ๐ญ๐จ ๐ ๐ซ๐จ๐ฎ๐ง๐ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ ๐ญ๐จ ๐ฆ๐๐ข๐ง๐ญ๐๐ข๐ง ๐ข๐ญ๐ฌ ๐ฅ๐๐๐ ๐ฉ๐จ๐ฌ๐ข๐ญ๐ข๐จ๐ง ๐๐ฎ๐ซ๐ข๐ง๐ ๐ญ๐ก๐ ๐๐จ๐ซ๐๐๐๐ฌ๐ญ ๐ฉ๐๐ซ๐ข๐จ๐
Based on application, the air to ground segment accounted for the largest share in 2020, contributing to nearly half of the global airborne fire control radar market, and is projected to maintain its lead position during the forecast period. This is because developed nations such as the U.S. have started several research and development programs for evolution of technologies to develop advanced air to ground airborne fire control radar. However, the air to air segment is expected to portray the largest CAGR of 8.2% from 2021 to 2030, owing to increasing aerial threats, and military investments promoting the growth of air to air airborne fire control radar systems.
๐๐จ๐ซ๐ญ๐ก ๐๐ฆ๐๐ซ๐ข๐๐, ๐ญ๐จ ๐ฆ๐๐ข๐ง๐ญ๐๐ข๐ง ๐ข๐ญ๐ฌ ๐๐จ๐ฆ๐ข๐ง๐๐ง๐๐ ๐๐ฒ ๐๐๐๐
Based on region, North America, held the highest market share in terms of revenue 2020, accounting for more than two-fifths of the global airborne fire control radar market, owing to high adoption of technology, large number of market players, and high military spending. Moreover, the Asia-Pacific region is expected to witness the fastest CAGR of 7.7% during the forecast period. Growth in security concerns, rising territorial conflicts, and increase in R&D activities supports the growth of this region.
๐๐๐๐๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ
Bharat Electronics Limited
Hensoldt AG
Israel Aerospace Industries
Leonardo S.p.A.
Lockheed Martin Corporation
BAE Systems Plc
Northrop Grumman Corporation
Raytheon Technologies Corporation
Saab AB
Thales Group
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ - https://www.alliedmarketresearch.com/purchase-enquiry/1712
KEY FINDINGS OF THE STUDY
By frequency band, the Ku/K/Ka-band segment is anticipated to exhibit significant growth in the near future.
By platform, the others segment is anticipated to exhibit significant growth in the near future.
By application, the air to air segment is anticipated to exhibit significant growth in the near future.
By region, Asia-Pacific is anticipated to register the highest CAGR during the forecast period.
๐๐ข๐ฆ๐ข๐ฅ๐๐ซ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ ๐๐๐ฏ๐ ๐จ๐ง ๐๐๐ซ๐จ๐ฌ๐ฉ๐๐๐ & ๐๐๐๐๐ง๐ฌ๐ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ:
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David Correa
Allied Market Research
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