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Market NEWS: The 3D radar market is estimated to grow from USD 702.8 Million in 2017 to USD 1,775.0 Million by 2022, at a CAGR of 20.36% from 2017 to 2022.
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Market NEWS: The 3D radar market is estimated to grow from USD 702.8 Million in 2017 to USD 1,775.0 Million by 2022, at a CAGR of 20.36% from 2017 to 2022. The objectives of this study are to analyze the 3D radar market, along with its statistics from 2017 to 2022. It also aims to define, describe, and forecast the 3D radar market on the basis of the frequency band, range, platform, and region. The year 2016 has been considered to be the base year for this study on the 3D radar market, whereas 2017 to 2022 has been considered as the forecast period for the study. Request Free Sample Report: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=255590465 Based on the frequency band, the 3D radar market has been segmented into C/S/X band, L band, E/F band, and others. A frequency band is an interval at which a particular radar transmits a signal. These frequency bands are distinguished by their wavelengths, which range from 0 GHz to 40 GHz. Radio frequency waves are sent through antennas into space that are then reflected from the targets. Based on the range, the 3D radar market has been segmented into long range, medium range, and short range. The long range segment is expected to lead the 3D radar market in 2017. Long range 3D radar has gained popularity in recent years, owing to its growing applicability in weather monitoring applications as it helps in accurate prediction of natural calamities, such as floods, earthquakes, cyclones, and hurricanes. Based on the platform, the 3D radar market has been segmented into airborne, ground, and naval. The ground segment of the 3D radar market is projected to witness the highest growth during the forecast period while the airborne segment is expected to lead the market in 2017. The manufacturers of different types of airborne 3D radar are making efforts to develop specialized airborne 3D radar for Unmanned Aerial Vehicles (UAVs) as the use of airborne 3D radar in Unmanned Aerial Vehicles (UAVs) enables easy data collection of fast- changing terrains, such as snow slopes and active volcanoes. Know more about the Global Market: https://www.marketsandmarkets.com/Market-Reports/3d-radar-market-255590465.html Major players in the 3D radar market include Northrop Grumman Corporation (US), Raytheon Company (US), Airbus Defense and Space (US), etc. The North American region is expected to lead the 3D radar market during the forecast period from 2017 to 2022. Page | 1
The North American region is expected to lead the 3D radar market during the forecast period. The growth of the North America 3D radar market can be attributed to the increased demand for radar systems in surveillance activities. In addition, the military forces of the US are currently involved in replacing their legacy radar systems with highly advanced 3D radar systems, which is also fueling the growth of the 3D radar market in the region. Target Audience for this Report: Original Equipment Manufacturers (OEMs) Defense Organizations Manufacturers of Defense Systems Component and Material Manufacturers of 3D Radar Systems 3D Radar Research Centers Press Release https://www.marketsandmarkets.com/PressReleases/3d-radar.asp About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. Contact: MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : +1-888-600-6441 Email: newsletter@marketsandmarkets.com Page | 2