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The global Radar market size was estimated at USD 31.45 billion in 2019 and it is anticipated to grow at a CAGR of 3.7% from 2020 to 2027. Read more at https://bit.ly/339uu9f.
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Segment: Radar Market By Component (Antenna, Transmitter, Receiver, Others), By Service (Installation/Integration, Support & Maintenance, Training & Consulting), By Platform (Ground-based, Naval, Airborne, Space-based), By Frequency Band (L-band, S-band, C-band, X-band, Ku-band, Ka-band, Others), By Range (Long, Medium, Short), By End-Use (Military Applications, Air Traffic Control, Remote Sensing, Ground Traffic Control, Others), and Regional Analysis 2020-2027 @ Confianza Market Research & Consultancy. All Rights Reserved
Statistics: The global radar market size was estimated at USD 31.45 billion in 2019 and it is anticipated to grow at a CAGR of 3.7% from 2020 to 2027. @ Confianza Market Research & Consultancy. All Rights Reserved
Drivers: Growing demand from the automotive & defence industries is driving radar market growth. These systems are also gaining high importance in meteorological monitoring, air-traffic monitoring, guided missiles, marine, weather monitoring, and other niche industries. @ Confianza Market Research & Consultancy. All Rights Reserved
Region: The North America radar market dominated the global market in 2019, United States is one of the largest defense equipment manufacturer in the world, the country is is also the largest exporter of commercial aircraft, therefore beat account for the largest radar market share. @ Confianza Market Research & Consultancy. All Rights Reserved
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