A recent report published by
Infinium Global Research on security and surveillance radar market provides an
in-depth analysis of segments and sub-segments in the global as well as
regional security and surveillance radar market. The study also highlights the
impact of drivers, restraints, and macro indicators on the global and regional
security and surveillance radar market over the short term as well as long
term. The report is a comprehensive presentation of trends, forecast and dollar
values of global security and surveillance radar market. According to the
report, the global security and surveillance radar market is projected to grow
at a CAGR of 9% over the forecast period of 2018-2024.
Security and surveillance radar
is a system used to detect and track small, non-cooperative, low radar
cross-section, non-linearly moving targets using radio waves. They are used for
monitoring and protection in airports, industrial and military sites, and
public or private urban sites. Security and surveillance radar consists of a
detection camera and radar. They are easy to deploy and provide efficient
protection and multi-functional surveillance coverage in every climatic
condition. They are highly sensitive and cost-effective.
The security and surveillance
radar market is primarily driven by the rising adoption of surveillance radar
in airport and military applications. Security and surveillance radars are used
for border surveillance, shoreline and coastal security, and critical
infrastructure protection in military and defense applications. These radars
cater to a wide range of applications in the defense sector such as beyond Visual
Line-of-Sight (BVLOS) operation support, border intrusion detection, obstruction
lighting activation, perimeter air, and marine security to sense and avoid
airspace and ground-based encroachments. Besides military and defense security
application, they are being widely employed in industrial plants, refineries,
& power plants and during public, concerts, sporting & race events.
Security and surveillance radars
provide the highest level of performance available for detection, tracking, and
identification of foreign objects in military sites and battlefields. In
addition, the rise in demand for navigation radars for UAVs promotes the growth
of security and surveillance radar market. However, these radars have low
efficiency in high clutter area operations that hampers the growth of security
and surveillance radar market. Moreover, the emergence of modern technological
devices for air-defense networks and surveillance provides opportunities for
the growth of the security and surveillance radar market. Furthermore, the
increasing geopolitical tensions between various countries generate the need
for upgrading surveillance systems that in turn boosts the security and
surveillance radar market.
The report on global security and
surveillance radar market covers segments such as a platform. On the basis of
the platform, the sub-markets include maritime, land based, and airborne.
The report provides regional
analysis covering geographies such as North America, Europe, Asia-Pacific, and
Rest of the World. In this section, the key trends and market size for each
geography are provided over the period of 2016-2024. The countries covered in
the North America region include the U.S., Canada, and Mexico; while
Asia-Pacific includes China, Japan, India, South Korea, Malaysia, and others. Moreover, Germany, U.K., France, Spain, and Rest of Europe are included
in the European region. The U.S. drives the growth in the North America region
as it is the largest market in this region. The Asia-pacific region offers a substantial potential for market growth owing to rapid growth in markets
such as India and China.
The report provides profiles of
the companies in the market such as ATC Global, Northrop Grumman, Finmeccanica,
Kelvin Hughes, Israel Aerospace Industries, SAAB, Scanter, Rockwell Collins,
Honeywell International, and DeTect Inc.
The report provides deep insights
into the demand forecasts, market trends, and micro and macro indicators. In
addition, this report provides insights into the factors that are driving and
restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis
given in the report brings an insight into the investment areas that existing
or new market players can consider. The report provides insights into the
market using analytical tools such as Porter's five forces analysis and DRO
analysis of security and surveillance radar market. Moreover, the study
highlights current market trends and provides forecast from 2018-2024. We also
have highlighted future trends in the market that will affect the demand during
the forecast period. Moreover, the competitive analysis given in each regional
market brings an insight into the market share of the leading players.