3D Radar Market
3D Radar Market by Component (Hardware, Software. Services), by Frequency Band (HF-UND VHF-RADAR, C-Band (UHF-Radar), D-Band (L-Band Radar), E/F-Band (S-Band Radar), Other Frequency Bands), by Industry (Automotive and Public Infrastructure, Energy and Utilities, Government, Other Industries), by Platform (Airborne, Ground, Naval) & region forecast till 2032
Analysis of 3D Radar market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
3D Radar Market Snapshot (2022 to 2032)
The global 3D radar market garnered a market value of US$ 16.57 Billion in 2022 and is expected to accumulate a market value of US$ 54.76 Billion by registering a CAGR of 12.7% in the forecast period 2022 to 2032. Growth of the 3D radar market can be attributed to increasing war situation across the globe. The market for 3D radar registered a CAGR of 13% in the historical period 2017 to 2021.
| Report Attribute | Details |
|---|---|
| Anticipated Base Year Value (2021) | US$ 14.7 Billion |
| Expected Market Value (2022) | US$ 16.57 Billion |
| Projected Forecast Value (2032) | US$ 54.76 Billion |
| Global Growth Rate (2022 to 2032) | 12.7% CAGR |
| Expected Market Share of the U.S. Market (2032) | 1/3rd |
| Anticipated CAGR of Russia (2022 to 2032) | 7% |
| Major 3D radar Service Providers | Airbus Defense and Space; BAE Systems plc; Harris Corporation; Honeywell International Inc; Leonardo S.p.A.; Lockheed Martin; Northrop Grumman Corporation; Rockwell Collins; SAAB Group; Thales Group |
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Revenue of 3D Radar from 2017 to 2021 Compared to Demand Outlook for 2022 to 2032
As per the 3D radar industry research by Fact.MR - a market research and competitive intelligence provider, historically, from 2017 to 2021, market value of the 3D Radar industry increased at around 13.0% CAGR, wherein, countries such as the U.S., China, U.K. and India held significant share in the global market.
The constant conflicts that are arising across the world is propelling the demand for the need of advanced technologies which is consequently driving the need for technological upgradations so as to shield the territories more effectively. Owing to this, 3D radar market is projected to grow at a CAGR of 12.7% over the coming 10 years.
3D radar are being commenced in defence sector across the world to control unauthorised immigrants across the borders as these may cover wide part of territories without deploying physical manpower and will work more effectively in extreme weather conditions compared to traditional usage of army personnel.
- The 3D radar market reached a valuation of US$ 14.7 Bn in 2021. Fact.MR estimates that 3D Radar revenue will grow 3.7X from 2022 to 2032, reaching nearly US$ 55 Bn in 2032.
- With 51.6%, in 2021, share Hardware was the largest revenue contributor in the market.
- India is expected to be the fastest growing market for 3D Radar, with a CAGR of 14.5%.
- In the frequency band segment, E/F- Band shows the highest growth potential in the 3D Radar industry. It is expected to grow at a CAGR of about 13% during the next ten years.
Which are Some Prominent Drivers of 3D Radar Market?
Electronic and network-centric warfare propelling growth of 3D radar
Due to the emergence of modern warfare techniques across the world, replacement of traditional combat systems has been done with advanced combat technologies such as electronic warfare and network-centric warfare.
There are several hurdles associated with recent conflicts that are arising at the global level. Rising geopolitical instabilities may be resulting to ensure the safer territories, where radars are key to identifying any incoming objects from outer territories. The more common two-dimensional radar provides only horizontal angle or direction of a compass bearing, whereas 3D radar provides elevation as well.
Increased air traffic may sometimes lead to collisions, with respect to drastic weather conditions. It may be avoided by deploying the 3D radar across the territories as the flying objects may be monitored continuously and will be guided without letting any disasters. Increasing adoption of 3D radar by airports across the world is expected to boost the market revenue.
Deployment of 3D Radar in Air Defence Propagating the Market
For Air Defence and interference, the data given by 3D Radar are expected as the interceptors should be advised the elevation to move to prior to making a block attempt. This has been accomplished with isolated search radars and separate stature tracking down radars before the coming of single unit 3D Radar. 3D Radar can do both which makes them the preferred choice.
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What are the Challenges Faced by the 3D Radar Market?
High cost derailing progress of 3D radar market
Although the benefits of 3D radar are positively influencing the growth of the market, the high cost installation associated with the same is derailing the progress of the market. In addition, most workforce is not skilled enough to handle and maintain 3D radar systems. Thus, the adoption of the same in certain countries is slow.
Which Region is Projected to Offer the Largest Opportunity for 3D Radar?
3D radar market in Asia Pacific is expected to register the highest CAGR during the forecast period owing to the growing aerospace industry. Countries such as China and India are expected to be the key contributors towards this market growth across the region. Another key factor assisting the growth of regional market is the conflicts and emergence of nuclear possessing states across the region which has necessitated the deployment of 3D Radar.
Lately Selentium Defence has won a contract from the Australian naval force. The naval force has drawn in Selentium Defence during the time spent plan, establishment and assessment of its Maverick inactive radars across a scope of oceanic applications. As these radars do not send signals, the armada can keep up with basic attention to objects in their encompassed climate without getting seen about their position.
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Country/Region-wise Analysis
Increasing Usage of 3D Radar in Merchant and Military Generating Revenue for 3D Radar in U.S.?
Investment in fighting innovations and weather patterns boosting demand for 3D radar in U.S.
The U.S. is expected to capture nearly 25% of the global 3D radar revenues in 2022. This is due to their constant investment in fighting innovations and weather pattern observation, as the country is preparing itself to combat the ill effects of unforeseen cataclysmic events.
There are likewise a few organizations and merchants in the U.S. that are laying out joint efforts with the military to win new requests for 3D Radar. For example, Liteye Systems, a wholesaler of 3D radar reported in November 2021, that it will offer Spyglass 3D radar to the U.S. armed force. The wholesaler has also begun to acknowledge orders from different clients.
War Situations Increasing Dependency on 3D Radar in Russia?
Illegal refugee immigrants bolstering demand for 3D radar in the region
Europe continues being a strategic market for 3D radar manufacturers, owing to the execution of conveying mechanically progressed reconnaissance frameworks started by the governments. The affirmation given by a few European legislatures to execute creative radar frameworks in vehicles has been helping towards the better confinement of neighbouring countries.
Besides, Europe is experiencing illegal refugee migrants in larger numbers due to the conflicts and war situations in the region. For example, Syrian war resulted in lakhs of illegal migrants across the region which later resulted in security threats. To overcome this, key countries across the region started to upgrade their technologies in monitoring and controlling of such instances so as to ensure safer territories.
Of late, a news from Russia expressing another prototype radar in view of radio photonics technology, has evolved. The wellsprings of has affirmed something very similar. A three layered picture will be made utilizing this new innovation radar permitting you to decide its sort. As per the sources, the tactical wing of Russian Ministry of Defence, has been participating in testing new radar-led innovations which promises towards the 3D radar demand surge in the country.
Country-wise Forecast CAGRs for the 3D Radar Industry
| U.S. | 8% |
| Russia | 7% |
Category-wise Insights
Use of 3D radar in Hardware Creating Lucrative Opportunities for Market?
Innovation of electronic devices spurring growth of hardware segment
With more than 51.6% share, hardware category is expected to hold the largest share of sales in 2022. The market through this segment is expected to grow at a CAGR of 12.7% in the next ten years. Increasing use of 3D Radar for defence application is making a significant impact on the demand of 3D Radar, which is expected to be continued in the coming years as well. As most of the hardware of 3D Radar are electronic devices they may need regular maintenance and replacement of spares.
For instance, in naval based 3D radar, the parts may get in contact with water which may result in its damage or in reducing its life span. In such cases, maintenance may be performed more frequently. Considering the stated factors, hardware segment is expected to be the largest revenue generator.
Increasing use of E/F- Bands Driving Market Growth of 3D Radar Market?
E/F- Band capability to identify military spectrum contributing to market growth
E/F- Band shows the highest potential for the growth in the 3D Radar industry. Revenue through this segment is expected to grow at a CAGR of 17.1% during the next ten years. It assists in identifying the military radio spectrum for crisis management, training, electronic warfare activities, planning, and in military operations.
Market Competition
The key players such as Airbus Defense and Space; BAE Systems plc; Harris Corporation; Honeywell International Inc, Leonardo S.p.A. adopt several organic and inorganic strategies to enhance their revenue and market standings.
Some of the recent developments of key 3D Radar providers are as follows:
- In January 2022, Leonardo won a US $296 Mn deal in Eurofighter radar from Germany's Hensoldt.
- In October 2020, BAE Systems announced that Specialists from the Team Tempest, Leonardo UK, are growing new radar innovation capable of providing 10,000 times a larger number of information than existing frameworks.
Key Segments Profiled in the 3D Radar Industry Survey
-
By Component
- 3D Radar Hardware
- 3D Radar Software
- 3D Radar Services
- Consulting
- Installation and Integration
- Maintenance
-
By Frequency Band
- HF-UND VHF-RADAR
- C-Band (UHF-Radar)
- D-Band (L-Band Radar)
- E/F-Band (S-Band Radar)
- Other Frequency Bands
-
By Industry
- 3D Radar for Automotive and Public Infrastructure
- 3D Radar for Energy and Utilities
- 3D Radar for Government
- 3D Radar for Other Industries
-
By Platform
- Airborne
- Ground
- Naval
-
By Region
- North America 3D Radar Market
- South America 3D Radar Market
- Europe 3D Radar Market
- Asia Pacific 3D Radar Market
- Middle East & Africa 3D Radar Market
Table of Content
- 1. Preface
- 2. Assumptions and Research Methodology
- 3. Executive Summary: Global Market
- 4. Market Overview
- 5. Global Market Analysis and Forecast, By Component
- 5.1. Hardware
- 5.2. Software
- 5.3. Services
- 5.3.1. Consulting
- 5.3.2. Installation & Integration
- 5.3.3. Maintenance
- 6. Global Market Analysis and Forecast, By Frequency Band
- 6.1. HF- and VHF- Radar
- 6.2. C-Band (UHF- Radar)
- 6.3. D-Band (L-Band Radar)
- 6.4. E/F-Band (S-Band Radar)
- 6.5. Others
- 7. Global Market Analysis and Forecast, By Platform
- 7.1. Airborne
- 7.2. Ground
- 7.3. Naval
- 8. Global Market Analysis and Forecast, By Industry
- 8.1. Automotive and Public Infrastructure
- 8.2. Energy & Utilities
- 8.3. Government
- 8.4. Others
- 9. Global Market Analysis and Forecast, by Region
- 9.1. North America
- 9.2. Europe
- 9.3. Asia Pacific
- 9.4. Middle East and Africa
- 9.5. South America
- 10. North America Market Analysis and Forecast
- 11. Europe Market Analysis and Forecast
- 12. Asia Pacific Market Analysis and Forecast
- 13. Middle East & Africa (MEA) Market Analysis and Forecast
- 14. South America Global Market Analysis and Forecast
- 15. Competition Landscape
- 16. Company Profiles (Details – Basic Overview, Sales Area/Geographical Presence, Key Competitors, Revenue, Recent Developments, Strategy)
- 16.1. Airbus Defence and Space
- 16.2. BAE Systems plc
- 16.3. Harris Corporation
- 16.4. Honeywell International Inc.
- 16.5. Leonardo S.p.A
- 16.6. Lockheed Martin
- 16.7. Northrop Grumman Corporation
- 16.8. Rockwell Collins
- 16.9. SAAB Group
- 16.10. Thales Group
- 17. Key Takeaways
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List Of Table
Table 01: Military Expenditure by Country
Table 02: and major deals
Table 03: Global Market Revenue (US$ Bn) Forecast, by Component, 2017 to 2032
Table 04: Global Market Revenue (US$ Bn) Forecast, by Frequency Band, 2017 to 2032
Table 05: Global Market Revenue (US$ Bn) Forecast, by End-use Industry, 2017 to 2032
Table 06: Global Market Revenue (US$ Bn) Forecast, by Platform, 2017 to 2032
Table 07: Global Market Revenue (US$ Bn) Forecast, by Region, 2017 to 2032
Table 08: North America Market Revenue (US$ Bn) Forecast, by Component, 2017 to 2032
Table 09: North America Market Revenue (US$ Bn) Forecast, by Frequency Band, 2017 to 2032
Table 10: North America Market Revenue (US$ Bn) Forecast, by End-use Industry, 2017 to 2032
Table 11: North America Market Revenue (US$ Bn) Forecast, by Platform, 2017 to 2032
Table 12: North America Market Revenue (US$ Bn) Forecast, by Country, 2017 to 2032
Table 13: Europe Market Revenue (US$ Bn) Forecast, by Component, 2017 to 2032
Table 14: Europe Market Revenue (US$ Bn) Forecast, by Frequency Band, 2017 to 2032
Table 15: Europe Market Revenue (US$ Bn) Forecast, by End-use Industry, 2017 to 2032
Table 16: Europe Market Revenue (US$ Bn) Forecast, by Platform, 2017 to 2032
Table 17: Europe Market Revenue (US$ Bn) Forecast, by Country, 2017 to 2032
Table 18: Asia Pacific Market Revenue (US$ Bn) Forecast, by Component, 2017 to 2032
Table 19: Asia Pacific Market Revenue (US$ Bn) Forecast, by Frequency Band, 2017 to 2032
Table 20: Asia Pacific Market Revenue (US$ Bn) Forecast, by End-use Industry, 2017 to 2032
Table 21: Asia Pacific Market Revenue (US$ Bn) Forecast, by Platform, 2017 to 2032
Table 22: Asia Pacific Market Revenue (US$ Bn) Forecast, by Country, 2017 to 2032
Table 23: Middle East & Africa Market Revenue (US$ Bn) Forecast, by Component, 2017 to 2032
Table 24: Middle East & Africa Market Revenue (US$ Bn) Forecast, by Frequency Band, 2017 to 2032
Table 25: Middle East & Africa Market Revenue (US$ Bn) Forecast, by End-use Industry, 2017 to 2032
Table 26: Middle East & Africa Market Revenue (US$ Bn) Forecast, by Platform, 2017 to 2032
Table 27: Middle East & Africa Market Revenue (US$ Bn) Forecast, by Country, 2017 to 2032
Table 28: South America Market Revenue (US$ Bn) Forecast, by Component, 2017 to 2032
Table 29: South America Market Revenue (US$ Bn) Forecast, by Frequency Band, 2017 to 2032
Table 30: South America Market Revenue (US$ Bn) Forecast, by End-use Industry, 2017 to 2032
Table 31: South America Market Revenue (US$ Bn) Forecast, by Platform, 2017 to 2032
Table 32: South America Market Revenue (US$ Bn) Forecast, by Country, 2017 to 2032
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List Of Figures
Figure 01: Global Market
Figure 02: Market Size (US$ Bn) Forecast, 2017 to 2032
Figure 03: Global Market Y-o-Y Growth (Value %) Forecast, 2022 to 2032
Figure 04: Historic growth trends and Y – o – Y Growth, 2017 to 2021
Figure 05: Forecast trends and Y – o – Y Growth, 2022 to 2032
Figure 06: Global Market Attractiveness Analysis, by Component (2022)
Figure 07: Global Market Attractiveness Analysis, by Frequency Band (2022)
Figure 08: Global Market Attractiveness Analysis, by Industry (2022)
Figure 09: Global Market Attractiveness Analysis, by Platform (2022)
Figure 10: Global Market Attractiveness Analysis, by Country (2022)
Figure 11: Global Market Share Analysis, by Component (2022)
Figure 12: Global Market Share Analysis, by Component (2022)
Figure 13 Global Market Share Analysis, by Frequency Band (2022)
Figure 14: Global Market Share Analysis, by Frequency Band (2022)
Figure 15: Global Market Share Analysis, by End-use Industry (2022)
Figure 16: Global Market Share Analysis, by End-use Industry (2022)
Figure 17: Global Market Share Analysis, by Platform (2022)
Figure 18: Global Market Share Analysis, by Platform (2022)
Figure 19: Global Market Share Analysis, by Region (2022)
Figure 20: Global Market Share Analysis, by Region (2022)
Figure 21: North America Market Size (US$ Bn) Forecast, 2017 to 2032
Figure 22 : North America Market Y-o-Y Growth (%) Forecast, 2017 to 2032
Figure 23: North America Market Share Analysis, by Component (2022)
Figure 24: North America Market Share Analysis, by Component (2022)
Figure 25: North America Market Share Analysis, by Frequency Band (2022)
Figure 26: North America Market Share Analysis, by Frequency Band (2022)
Figure 27: North America Market Share Analysis, by End-use Industry (2022)
Figure 28: North America Market Share Analysis, by End-use Industry (2022)
Figure 29: North America Market Share Analysis, by Platform (2022)
Figure 30: North America Market Share Analysis, by Platform (2022)
Figure 31: North America Market Share Analysis, by Country (2022)
Figure 32: North America Market Share Analysis, by Country (2022)
Figure 33: North America Market Attractiveness Analysis, by Component (2022)
Figure 34: North America Market Attractiveness Analysis, by Frequency Band (2022)
Figure 35: North America Market Attractiveness Analysis, by Industry (2022)
Figure 36: North America Market Attractiveness Analysis, by Platform (2022)
Figure 37: North America Market Attractiveness Analysis, by Country (2022)
Figure 38: Europe Market Size (US$ Bn) Forecast, 2017 to 2032
Figure 39: Europe Market Y-o-Y Growth (%) Forecast, 2017 to 2032
Figure 40: Europe Market Share Analysis, by Component (2022)
Figure 41: Europe Market Share Analysis, by Component (2022)
Figure 42: Europe Market Share Analysis, by Frequency Band (2022)
Figure 43: Europe Market Share Analysis, by Frequency Band (2022)
Figure 44: Europe Market Share Analysis, by End-use Industry (2022)
Figure 45: Europe Market Share Analysis, by End-use Industry (2022)
Figure 46: Europe Market Share Analysis, by Platform (2022)
Figure 47: Europe Market Share Analysis, by Platform (2022)
Figure 48: Europe Market Share Analysis, by Country (2022)
Figure 49: Europe Market Share Analysis, by Country (2022)
Figure 50: Europe Market Attractiveness Analysis, by Component (2022)
Figure 51: Europe Market Attractiveness Analysis, by Frequency Band (2022)
Figure 52: Europe Market Attractiveness Analysis, by Industry (2022)
Figure 53: Europe Market Attractiveness Analysis, by Platform (2022)
Figure 54: Europe Market Attractiveness Analysis, by Country (2022)
Figure 55: Asia Pacific Market Size (US$ Bn) Forecast, 2017 to 2032
Figure 56: Asia Pacific Market Y-o-Y Growth (%) Forecast, 2017 to 2032
Figure 57: Asia Pacific Market Share Analysis, by Frequency Band (2022)
Figure 58: Asia Pacific Market Share Analysis, by Frequency Band (2022)
Figure 59: Asia Pacific Market Share Analysis, by End-use Industry (2022)
Figure 60: Asia Pacific Market Share Analysis, by End-use Industry (2022)
Figure 61: Asia Pacific Market Share Analysis, by Platform (2022)
Figure 62: Asia Pacific Market Share Analysis, by Platform (2022)
Figure 63: Asia Pacific Market Share Analysis, by Country (2022)
Figure 64: Asia Pacific Market Share Analysis, by Country (2022)
Figure 65: Asia Pacific Market Attractiveness Analysis, by Component (2022)
Figure 66: Asia Pacific Market Attractiveness Analysis, by Frequency Band (2022)
Figure 67: Asia Pacific Market Attractiveness Analysis, by Industry (2022)
Figure 68: Asia Pacific Market Attractiveness Analysis, by Platform (2022)
Figure 69: Asia Pacific Market Attractiveness Analysis, by Country (2022)
Figure 70: Middle East & Africa Market Size (US$ Bn) Forecast, 2017 to 2032
Figure 71: Middle East & Africa Market Y-o-Y Growth (%) Forecast, 2017 to 2032
Figure 72: Middle East & Africa Market Share Analysis, by Component (2022)
Figure 73: Middle East & Africa Market Share Analysis, by Component (2022)
Figure 74: Middle East & Africa Market Share Analysis, by Frequency Band (2022)
Figure 75: Middle East & Africa Market Share Analysis, by Frequency Band (2022)
Figure 76: Middle East & Africa Market Share Analysis, by End-use Industry (2022)
Figure 77: Middle East & Africa Market Share Analysis, by End-use Industry (2022)
Figure 78: Middle East & Africa Market Share Analysis, by Platform (2022)
Figure 79: Middle East & Africa Market Share Analysis, by Platform (2022)
Figure 80: Middle East & Africa Market Share Analysis, by Country (2022)
Figure 81: Middle East & Africa Market Share Analysis, by Country (2022)
Figure 82: Middle East & Africa Market Attractiveness Analysis, by Component (2022)
Figure 83: Middle East & Africa Market Attractiveness Analysis, by Frequency Band (2022)
Figure 84: Middle East & Africa Market Attractiveness Analysis, by Industry (2022)
Figure 85: Middle East & Africa Market Attractiveness Analysis, by Platform (2022)
Figure 86: Middle East & Africa Market Attractiveness Analysis, by Country (2022)
Figure 87: South America Market Size (US$ Bn) Forecast, 2017 to 2032
Figure 88: South America Market Y-o-Y Growth (%) Forecast, 2017 to 2032
Figure 89: South America Market Share Analysis, by Component (2022)
Figure 90: South America Market Share Analysis, by Component (2022)
Figure 91: South America Market Share Analysis, by Frequency Band (2022)
Figure 92: South America Market Share Analysis, by Frequency Band (2022)
Figure 93: South America Market Share Analysis, by End-use Industry (2022)
Figure 94: South America Market Share Analysis, by End-use Industry (2022)
Figure 95: South America Market Share Analysis, by Platform (2022)
Figure 96: South America Market Share Analysis, by Platform (2022)
Figure 97: South America Market Share Analysis, by Country (2022)
Figure 98: South America Market Share Analysis, by Country (2022)
Figure 99: South America Market Attractiveness Analysis, by Component (2022)
Figure 100: South America Market Attractiveness Analysis, by Frequency Band (2022)
Figure 101: South America Market Attractiveness Analysis, by Industry (2022)
Figure 102: South America Market Attractiveness Analysis, by Platform (2022)
Figure 103: South America Market Attractiveness Analysis, by Country(2022)
Figure 104: Market Share Analysis, 2022 (Value %)
Figure 105: Airbus Defence and Space - Revenue (US$ Bn) & Y-o-Y Growth (%), 2017 to 2032
Figure 106: Airbus Defence and Space - Breakdown of Net Sales, by Geography, 2022
Figure 107: SAAB Group - Revenue (US$ Bn) & Y-o-Y Growth (%), 2017 to 2032
Figure 108: SAAB Group - Breakdown of Net Sales, by Geography, 2022
Figure 109: Lockheed Martin Corporation - Revenue (US$ Bn) & Y-o-Y Growth (%), 2017 to 2032
Figure 110: Lockheed Martin Corporation - Breakdown of Net Sales, by Geography, 2022
Figure 111: Leonardo S.p.A. - Revenue (US$ Bn) & Y-o-Y Growth (%), 2017 to 2032
Figure 112: Leonardo S.p.A. - Breakdown of Net Sales, by Geography 2022
Figure 113: Rockwell Collins - Revenue (US$ Bn) & Y-o-Y Growth (%), 2017 to 2032
Figure 114: Thales Group - Revenue (US$ Bn) & Y-o-Y Growth (%), 2017 to 2032
Figure 115: Thales Group -Breakdown of Net Sales, by Business Segment, 2022
Figure 116: Honeywell International Inc. - Revenue (US$ Bn) & Y-o-Y Growth (%), 2017 to 2032
Figure 117: Honeywell International Inc. - Breakdown of Net Sales, by Geography, 2022
Figure 118: Northrop Grumman Corporation - Revenue (US$ Bn) & Y-o-Y Growth (%), 2017 to 2032
Figure 119: Northrop Grumman Corporation - Breakdown of Net Sales, by Geography, 2017
Figure 120: BAE Systems - Revenue (US$ Bn) & Y-o-Y Growth (%), 2017 to 2032
Figure 121: BAE Systems - Breakdown of Net Sales, by Geography, 2022
Figure 122: Harris Corporation - Revenue (US$ Bn) & Y-o-Y Growth (%), 2017 to 2032
Figure 123: Harris Corporation - Breakdown of Net Sales, by Geography, 2022
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- FAQs -
What was the market worth for 3D radar in 2021?
As of 2021, the 3D radar market was worth US$ 14.7 Billion
At what value is the 3D radar industry likely to close by 2022?
Fact.MR foresees 3D radar demand to reach US$ 16.57 Billion in 2022
At what percentage will the market for 3D radar rise until 2032?
From 2022-2032, Fact.MR expects 3D radar revenue to flourish at a 12.7% CAGR
What is the expected market value for 3D radar in 2032?
In 2032, 3D radar market worth is poised to reach US$ 54.76 Billion
How do growth prospects for 3D radar appear in the North America?
The U.S. is expected to capture nearly a quarter of the global 3D radar revenues in 2022.
How do growth prospects for 3D radar appear in the Russia?
Russia is expected to register a CAGR of 7% for 3D radar in 2032.
What are the growth prospects for Germany, Austria and France?
U.S., and Russia will flourish at a CAGR of 15% combined until 2032
Which type of component is expected to hold the maximum share for 3D radar market?
Hardware component is expected to hold 51.6% market share for 3D radar market.
Which type of frequency band is expected to hold the maximum share for 3D radar market?
E/F Band expected to grow at a CAGR of 17.1% during the next ten years.
3D Radar Market