The Global 3D Radar market was estimated at USD 1.31 billion in 2023 and is anticipated to reach USD 5.17 billion by 2030, growing at a CAGR of 18.72%.
Radar is known as the radio detection and ranging system and the 3D radars are the reformed version of 2D radars. The 3D radar has diverse applications such weather monitoring and as defence and surveillance which drives the market growth of 3D Radar. Rise in miniaturization of 3D radars are projected to provide remunerative opportunities for the 3D Radar market in the upcoming years.
The research report includes primary data up to 2023 as well as forecast data including data up to 2030. This information helps market participants to improve their position in the market. The market research report provides all views of Eco Wall and suggests a business venture approach for people interested in the 3D Radar market, which will help them to strengthen their position within the market.
Key Prominent Players In The 3D Radar Market:
Airbus S.A.S. (US),Northrop Grumman Corporation,Thales Group (US),BAE Systems (UK),Raytheon Technologies Corporation (US),Saab AB(Sweden),Leonardo S.p.A. (Italy),ASELSAN A. (Turkey),L3Harris Technologies Inc. (Florida),Rheinmetall AG (Germany),ELTA Systems Ltd. (Israel),Honeywell International Inc (US) and other major players.
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Market segmentation
By Platform
- Airborne
- Ground
- Naval
By Range
- Short Range (up to 75 Km)
- Medium Range (75-150 Km)
- Long Range (more than 150 Km)
By Frequency Band
- L Band
- C/S/X Band
- E/F Band
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Regional Analysis for COVID-19 Outbreak-Global 3D Radar Market:
- North America (U.S., Canada, Mexico)
- Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
- Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
- Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
- Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
- South America (Brazil, Argentina, Rest of SA)
Covid-19 Impact on the 3D Radar Market
Due to COVID-19 situation, the R&D in 3D radars companies across the globe has worsen due to the government restrictions on public gatherings and declared lockdowns. As governments are spending shift toward economic recovery, industries are estimated to experience reduction in orders for 3D radars. Also, the production rate of 3D radar making industries have been affected adversely due to COVID-19 pandemic, as the problem of labour shortage is being faced.
Recent Industry Developments In 3D Radar Market:
- In February 2023, Honeywell announced that a drone that has been piloted by its IntuVue RDR-84K radar has proven its capability in a critical round of dodgeball. It was performed with an aircraft which repeatedly changes its direction in a series of tests that are deciding factor to the future of pilotless aeronautics.
- In September, 2019, Observation Without Limits (OWL) announced the GroundAware GA3360 surveillance sensor system. The 3d radar is of mid-range and is enabled with simultaneous detection, tracking classification and response to threats on the ground and in low-altitude airspace caused, including humans, animals, ground vehicles, aircraft, and Class 1 drones.
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