Airborne Systems Surveillance Radar Market Size, Share, Growth, and Industry Growth, By Type (Manned Aircraft Mounted Surveillance Radar and Unmanned Aircraft Mounted Surveillance Radar), By Application (Military Application, Civil Application, and Others), Regional Forecast to 2028

REPORT OVERVIEW

• 
• Request A Free Sample  to learn more about this report

The global airborne systems surveillance radar market size is expected to be USD 3.034 billion in 2022. The global COVID-19 pandemic has been unprecedented and staggering, with airborne systems surveillance radar experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels. As per our research, the market is projected to touch USD 3.839 billion by 2028, exhibiting a CAGR of 4.0% during the forecast period. The sudden spike in CAGR is attributable to demand returning to pre-pandemic levels once the pandemic is over.

Airborne systems surveillance radar provides early airborne activities that are unusual. It comprises airborne data processor, antenna, and integrated navigation systems. Such systems are attributed and equipped to provide high accuracy navigation. They are designed for surveillance that are responsible for tracking and scanning of the targets. They receive signals from transmitting radar, analyze the signal, transmit the signal, and deliver navigation of the target.     

One of the driving forces that can propel the market growth is increasing adoption of unmanned aerial vehicles (UAV). The surveillance systems find its application in the commercial sector which has its applications in government agencies, agriculture, and other agencies. Need to detect and observe actions and behaviors and to detect the whereabouts of aircrafts is expected to create demand for such systems. Increasing and continuous terrorist organizations and activities is giving rising to defense security systems. Development of high-resolution imaging,  micro-borne surveillance vehicles, and forward-looking infrared is expected to drive the market growth.    

COVID-19 Impact: Cessation of Production Activities to Obstruct Market Growth

The effects of the COVID-19 pandemic are already being felt on a global level, the global airborne systems surveillance radar market was considerably influenced. The outbreak of COVID-19 had a negative impact on several markets. Various countries went into lockdown. With sudden pandemic, all kinds of businesses observed disruptions. Due to pandemic, supply chains were interrupted and social distancing norms worked with minimal labor force which affected the demand for the product. The recovery from the pandemic is attributed to innovative and varied applications such as security, defense, and commercial. Implementation of innovative technologies and research studies is anticipated to create demand for airborne systems for surveillance.  

LATEST TRENDS

"Integration of Advanced Technologies to Enhance Market Progress"

The global airborne systems surveillance radar market growth is projected to grow owing to the integration of advanced technologies. Companies have been putting their focus on developing and manufacturing radar technologies and innovative products to augment land, maritime, and airborne surveillance. Various technologies are being developed progressively, the integration has enabled the development of efficient systems. Manufacturers are working on radar and drone technologies that can produce maximum performance in terms of detection capabilities. Such integration of new technologies in airborne surveillance systems is expected to pose an opportunity for market growth during the forecast period.

SEGMENTATION

• 
• Request A Free Sample to learn more about this report

• By Type

Based on type; the market is divided into manned aircraft mounted surveillance radar and unmanned aircraft mounted surveillance radar.

Manned aircraft mounted surveillance is expected to be the leading part of the type segment.  

• By Application

Based on application; the market is divided into military application, civil application, and others.

Military application is expected to be the leading part of the application segment.  

DRIVING FACTORS

"Implementation of the Product in Military, Defense, and Security to Propel Market Growth "

Adoption of airborne systems surveillance radar is predicted to increase owing to the adoption in defense, security, and military. Increasing conflicts among regions, terrorist activities, and disputes at geographical borders has given rise to security concerns and have enabled governments to adopt advanced defense systems. Airborne surveillance is easy to perform and can cover large area of surveillance. They are used to maintain terrorist integrity and national security. They are used in military, engineering, inspection, protection, surveillance, and others. Such growing demand for the airborne surveillance systems is anticipated to provide lucrative opportunities for the market.

"Adoption of Commercial Drones to Inflate Market Progress"

Adoption of airborne surveillance is used for military and commercial applications. Rise in the adoption of commercial drones in the commercial sector are used to provide security which is expected to create demand and opportunities for airborne systems surveillance radar market. Presence of laws has triggered the use of UAVs, Internet of Things, and drones have led to the increase in the applications of drones and is anticipated to accelerate growth.   

RESTRAINING FACTORS

"High Costs of the Product to Hamper Market Growth"

There are a number of factors that can propel the growth of the airborne systems surveillance radar market. Restraining factors such as prices of the systems, maintenance costs, and manufacturing costs are quite high. Human errors in the remote controls can also hamper market growth. Such high prices and costs are anticipated to restrict and limit the market growth.

REGIONAL INSIGHTS

• 
• Request A Free Sample to learn more about this report

"North America to Dominate Market Share Owing to Increasing Sales of Systems"

North America holds the largest part in the global airborne systems surveillance radar market share owing to increasing sales of the systems. Increasing investments in research and development activities for drones and UAVs in the region is expected to drive market growth in the region. The market is expected to continue to enlarge due to the presence of the majority of market players in the region. Companies present in the market offer latest radar technologies equipped surveillance systems which is projected to create demand. Integration of multiple technologies by the manufacturers to propel the growth in the region.

KEY INDUSTRY PLAYERS

"Market Players to Boost Market Growth"

The report delivers information about the list of market players and their operations in the industry. The information is collected and reported with proper research, technological developments, acquisitions, mergers, expanding production lines, and partnerships. Other aspects examined for this market include companies producing and introducing new products, regions they conduct their operations in, automation, technology adoption, generating the most revenue, and making a difference with their products.

List of Market Players Profiled

• Northrop Grumman (U.S.)
• Lockheed Martin (U.S.)
• Israel Aerospace Industries (Israel)
• Raytheon (U.S.)
• Thales Group (France)
• SAAB AB (Sweden)
• Finmeccanica SPA (Italy)
• BAE Systems (U.K.)
• Telephonics (U.S.)
• CASIC (China)
• Harris (U.S.)

INDUSTRIAL DEVELOPMENT

June 2022: Leonardo DRS has fully acquired Israel’s Radar company RADA. The company has acquired the tactical radar equipment of RADA.    

REPORT COVERAGE

This research profiles a report with extensive studies that take into description of the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by inspecting the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, restraints, etc. This analysis is subject to alteration if the key players and probable analysis of market dynamics changes.