Analyzing the Growth Trajectory of the Airborne Radars Market from 2023 to 2028

1. Analyzing the Growth Trajectory of the Analyzing the Growth Trajectory of the Airborne Radar Airborne Radars s Market from 2023 to 2028 Market from 2023 to 2028 The AirborneRadarsMarket size is projected to grow from USD 15.8 Billion in 2023 to USD 23.6 Billion by 2028, at a CAGR of 8.3% from 2023 to 2028. The AirborneRadarsMarket is being propelled by several factors, including the increasing demand for enhanced surveillance and situational awareness in both civil and military aviation, the imperative to upgrade aging radar systems, and the growing emphasis on modernizing defense capabilities. Furthermore, the emergence of unmanned aerial vehicles (UAVs) and the rapid advancements in radar technology, such as active electronically scanned arrays (AESAs) and multifunctional radars, offer opportunities for enhanced performance and expanded applications. The evolving threat landscape, including the need for early detection of stealthy and hypersonic threats, further underscores the demand for advanced airborne radar systems. Additionally, the rise of air traffic and the need for improved air traffic management in densely populated regions are propelling theMarket's growth, presenting significant opportunities for radar system manufacturers and solution providers. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=238608221 Based on Installation, The AirborneRadarsMarkethas been segmented based on propulsion type into new installation InstallationRadarssegment is poised for the highest Compound Annual Growth Rate (CAGR) within the Installation category due to the surging demand for modernization and fleet expansion in the aviation sector. Airlines, defense forces, and commercial operators are increasingly opting for new radar installations to benefit from the latest radar technologies that offer enhanced performance, reliability, and capabilities. As aging radar systems become obsolete or less efficient, the need to replace them with state-of-the-art solutions drives substantial investments in new radar installations, thus propelling this segment's growth. and upgradation. The New Based on Technology, based on technology, theMarketis segmented into software- defined radar, quantum radar, and DefinedRadarsegment is anticipated to achieve the highest CAGR within the Technology category due to its adaptability and cost-efficiency. Software defined radar technology offers the flexibility to adapt and upgrade radar functionalities conventional radar. The Software

2. through software updates, eliminating the need for costly hardware modifications. This feature is highly appealing to both civil and military aviation sectors, where rapid advancements in radar capabilities are critical. The ability to reconfigure radar systems to address evolving threats and operational requirements positions software defined radar as a key driver of growth in the AirborneRadarsMarket. Based on Components, Based on Component, the airborne radarsMarketis segmented into antennas, transmitters, duplexers, receivers, power amplifiers, digital signal processors, graphical user interfaces, stabilization systems and others. The Duplexers segment within theRadarComponent category is expected to exhibit the highest CAGR. Duplexers are crucial components within radar systems, responsible for transmitting and receiving signals. As radar systems become more sophisticated and demand for improved signal processing capabilities increases, advanced duplexer technology becomes pivotal. The need for higher frequency bands and improved signal isolation in airborne radar systems contributes to the growth of duplexers, making them essential components for achieving optimal radar performance. Based on Dimension, The AirborneRadarsMarkethas been segmented into 2D, 3D, and 4D. The 3DRadarsegment is anticipated forMarketleadership. Its prominence is attributed to the pivotal role it plays in contemporary aviation. Accurate altitude, range, and azimuth data are indispensable for ensuring safe navigation, preventing collisions, and enabling advanced surveillance. With the aviation industry's paramount focus on safety and the imperative to maximize situational awareness, the demand for 3D radar systems is experiencing a substantial surge. These systems' capacity to furnish comprehensive real-time spatial information establishes the 3DRadarsegment as the driving force in the AirborneRadarsMarket's Dimension category. Based on Region, the Asia-Pacific region is set to take the lead in the AirborneRadarsMarket, exhibiting a higher Compound Annual Growth Rate (CAGR) during the forecast period. This ascendancy is predominantly propelled by the rapid expansion of the aviation sector in countries such as China and India, bolstered by increased defense expenditures and a strong impetus for modernization. With notable growth in air traffic within the Asia-Pacific region, the imperative to invest in advanced radar technologies for heightened safety and operational efficiency has become indisputable. Additionally, the region's geopolitical landscape accentuates the critical role of robust radar systems in defense, further augmenting its position as aMarketleader with a superior CAGR. Key Market Players: Prominent companies in the AirborneRadarsMarket include Lockheed Martin Corporation (US), Raytheon Technologies Corporation (US), Thales Group (France), Northrop Grumman Corporation (US), Saab Group (Sweden), Leonardo S.p.A. (Italy), and Israel Aerospace Industries (Israel) among others. These industry leaders, headquartered in various countries, drive innovation and excellence in airborne radar technologies globally. AirborneRadarsmanufacturers are primarily focused on research and development (R&D) and innovations aimed at a lot of areas. Airborne radar manufacturers are actively researching advanced radar technologies, including AESAs and phased-array radar, for improved performance. They are also focusing on multifunctional radar systems that can simultaneously perform surveillance, tracking, and mapping tasks, optimizing resource utilization. Research in electronic

3. warfare and countermeasures, such as jamming-resistant radar, is a priority, along with the development of radar systems that can detect stealthy and hypersonic threats. Additionally, manufacturers are exploring innovations in low observable technologies to enhance radar's ability to detect and track difficult-to-spot targets. Ask for Sample Report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=238608221 About MarketsandMarkets™ MarketsandMarkets™ has been recognized as one ofAmerica’s best management consulting firms by Forbes, as per their recent report. MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients. Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes. The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry. To find out more, visitwww.MarketsandMarkets™.comor onTwitter,LinkedInandFacebook. Contact: Mr. Aashish Mehra MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA: +1-888-600-6441 Email:sales@marketsandmarkets.com follow us