Global Radar Systems and Technology Industry, Forecast to 2024 - Industry to Grow by USD 6.14 billion during 2020-2024 - Technavio
LONDON--(BUSINESS WIRE)--Nov 27, 2020--
The radar systems and technology market is expected to grow by USD 6.14 billion, progressing at a CAGR of almost 6% during the forecast period.
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The development of new airports and terminal expansion is one of the major factors propelling market growth. However, factors such as complexity in radar subsystem upgrades will hamper the market growth.
More details:https://www.technavio.com/report/radar-systems-and-technology-market-industry-analysis
Radar Systems and Technology Market: Geographic Landscape
37% of the market’s growth will originate from North America during the forecast period. The US is a key market for radar systems and technology in North America.
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Companies Covered:
- Airbus SE
- BAE Systems Plc
- General Dynamics Corp.
- Honeywell International Inc.
- Indra Sistemas SA
- Lockheed Martin Corp.
- Raytheon Technologies Corp.
- Rheinmetall AG
- Saab AB
- Thales Group
What our reports offer:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers market data for 2019, 2020, until 2024
- Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Key Topics Covered:
Executive Summary
Market Landscape
- Market ecosystem
- Market characteristics
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Application
- Market segments
- Comparison by Application
- Ground-based radar systems - Market size and forecast 2019-2024
- Airborne radar systems - Market size and forecast 2019-2024
- Naval radar systems - Market size and forecast 2019-2024
- Market opportunity by Application
Customer Landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- North America - Market size and forecast 2019-2024
- APAC - Market size and forecast 2019-2024
- Europe - Market size and forecast 2019-2024
- MEA - Market size and forecast 2019-2024
- South America - Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
- Market drivers – Demand led growth
- Market challenges
- Market trends
Vendor Landscape
- Overview
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- Airbus SE
- BAE Systems Plc
- General Dynamics Corp.
- Honeywell International Inc.
- Indra Sistemas SA
- Lockheed Martin Corp.
- Raytheon Technologies Corp.
- Rheinmetall AG
- Saab AB
- Thales Group
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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PUB: 11/27/2020 07:19 AM/DISC: 11/27/2020 07:19 AM
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