Global Airborne Radars Market Projected to Soar to New Heights by Next 5 Years

1. Global Airborne Radars Market Projected Global Airborne Radars Market Projected to Soar to New Heights by Next 5 Years to Soar to New Heights by Next 5 Years The Global Airborne Radars Market is witnessing substantial growth, driven by increasing military modernization programs, growing geopolitical tensions, and rising demand for surveillance and reconnaissance capabilities. According to the latest market research report by MarketsandMarkets™, the airborne radars market is expected to reach USD 6.0 billion by 2025, at a CAGR of 8.0% from 2020 to 2025. Market Overview: Airborne radars have become a crucial component of modern defense systems, enabling real-time data collection, target identification, threat detection, and situational awareness. These radars are extensively utilized in various defense applications, such as fighter aircraft, helicopters, UAVs (Unmanned Aerial Vehicles), and airborne early warning & control systems. Additionally, the increasing adoption of commercial airborne radars for weather monitoring, surveillance, and disaster management is further bolstering market growth. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=238608221 Key Market Findings: Rising Defense Budgets: The surge in defense budgets across several countries is fueling the demand for advanced airborne radar systems. Governments are investing significantly in upgrading their defense capabilities, leading to the incorporation of state-of-the-art radar technology in new aircraft and modernizing existing ones. Technological Advancements: Ongoing research and development in radar technology have resulted in innovative products with enhanced capabilities, reduced size, and improved accuracy. Advancements in phased array radar systems and synthetic aperture radar (SAR) technology are contributing to the market growth. Demand for Multi-Function Radars: The preference for multi-function radars that offer multiple capabilities, such as surveillance, target tracking, and electronic warfare, is increasing among defense organizations. These radars provide cost- effective solutions and reduce the need for multiple radar installations.

2. Geopolitical Tensions: The escalating geopolitical tensions and security concerns in various regions are prompting governments to strengthen their military capabilities, driving the procurement of airborne radars for border surveillance and defense. Commercial Applications: The commercial aviation sector is witnessing a growing adoption of airborne weather radars to ensure flight safety, detect turbulence, and navigate through adverse weather conditions. Additionally, airborne radars are employed in agriculture, oil & gas exploration, and disaster management applications. Regional Insights: The report provides a comprehensive analysis of the airborne radars market across key regions, including North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. North America is anticipated to lead the market due to substantial investments in defense modernization and the presence of prominent radar manufacturers in the region. Asia-Pacific is expected to witness significant growth during the forecast period, driven by escalating military expenditure in countries like China, India, and South Korea. Key Market Players: The global airborne radars market is dominated by a few globally established players such as Lockheed Martin Corporation (US), Northrop Grumman Corporation (US), Thales Group (France), Hensoldt AG (Germany), Leonardo SPA (Italy), BAE Systems (UK), Israel Aerospace Industries (Israel), Saab AB (Sweden), Aselsan (Turkey), Elbit Systems (Israel) and L3Harris Technologies (US). Inquiry before buying @ https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=238608 221 About MarketsandMarkets™ 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. 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

3. through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry. Contact: Mr. Aashish Mehra MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA: 1-888-600-6441