3D Radar Market estimated to grow at a CAGR of 5.2% in the forecast period (2020-2025)

The report on the 3D Radar Market has been launched by Stratview Research is an all-inclusive report that talks about the market structure and growth in the forecast period of 2020-2025. The report also offer insights into different market segments and other factors affecting the market.

Stratview Research’s report states about the segment-wise current market condition, and also offers an estimation about future growths. The report has been generated after accumulating data from various authenticated sources such as journals, white papers, fact book, etc. As per the estimation, 3D Radar Market is expected to inflate at a CAGR of 5.2% by the forecast period (2020 – 2025).

3D Radar Market – Snapshot
Growth 5.2% for the next five years
Major Range Type Long-range
Dominant Platform Ground
Region with the highest demand North America
Key Players Airbus Defense and Space, ASELSAN A.S., BAE Systems Plc, ELTA Systems Ltd., Harris Corporation, Honeywell International Inc., Leonardo S.p.A, Northrop Grumman Corporation, The Raytheon Company, and Thales Group.

Table Of Contents: https://www.stratviewresearch.com/toc/545/3d-radar-market.html

Highlights of the Report:
Based on the frequency band type, the market is segmented as C/S/X Band, E/F Band, L Band, and others. A frequency band is an interval at which a specific radar transmits a signal. These frequency bands are differentiated by their wavelengths, which range from 0 GHz to 40 GHz. Radio frequency waves are transmitted through antennas into space that are then reflected from the targets.

Based on the range type, the market is segmented as long range, medium range, and short range. The long-range segment remained dominant in 2018, and it’s expected to maintain its dominance during the forecast period as well. A long-range 3D radar has earned popularity in the recent years, due to its increasing applicability in weather monitoring applications as it enables precise prediction of natural disasters, such as floods, earthquakes, cyclones, and hurricanes, this in turn is driving the growth of the segment.

Based on the platform type, the market is segmented as airborne, ground, and naval. The ground segment is estimated to register the highest growth during the forecast period while the airborne segment remained dominant in 2018. The manufacturers of various types of airborne 3D radars are exerting to develop specialized airborne 3D radars for Unmanned Aerial Vehicles (UAVs) as their employment in Unmanned Aerial Vehicles (UAVs) allows easy data collection of the fast-changing terrains, such as snow slopes and active volcanoes.

In terms of regions, the North American region dominated the 3D radar market in 2018, as the region is proximal to various leading manufacturers of different types of 3D radar, which comprise, Northrop Grumman Corporation (US), Rockwell Collins Inc. (US), Airbus Defense and Space (US), etc. Europe and Asia-Pacific are also expected to offer substantial growth opportunities during the forecast period.

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Key Players of the Market
Some of the major players in the 3D radar market are Airbus Defense and Space, ASELSAN A.S., BAE Systems Plc, ELTA Systems Ltd., Harris Corporation, Honeywell International Inc., Leonardo S.p.A, Northrop Grumman Corporation, The Raytheon Company, and Thales Group.

Features of the Report
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. Here are the key features of the report:
• Strategic Segmentation
• Competitive Analysis
• Strategic Growth Opportunities
• Swot Analysis
• Key Players
• Forecast Analysis & Future Growth

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This release was published on openPR.