The radar systems market is estimated to be USD 32.5 billion in 2021 and is projected to reach USD 41.0 billion by 2026, at a CAGR of 4.8% from 2021 to 2026.
The market is driven by factors such as increasing adoption of radar systems in Defense & commercial aircrafts, marine vessels, weather stations, airport surveillance, unmanned vehicles, satellites, etc.
Radar systems in Unmanned Surface Vessels (USVs)
Unmanned surface vessels (USVs) are being adopted by many defense as well as research organizations for the detection of ships & aircraft, obstacles, etc. One of the important factors responsible for the successful adoption of USVs is the high-tech radar systems used in them. For unmanned surface vessels, a special type of radar system that is smaller and can be operable remotely is used. The latest innovation in this field is Kongsberg’s Sounder USV which uses this type of radar system for facilitating advanced mission autonomy.
Land section of platform segment of Radar systems market is projected to witness a higher CAGR during the forecast period
Land platform that uses radar systems includes commercial & military land equipment. The market for land is expected to grow from USD 8,470 million in 2021 to USD 10,754 million in 2026, at the highest CAGR 4.9%.
Single band frequency segment is estimated to be the largest share in Radar systems market
Single band frequencies are further classified as radio waves which include UHF/VHF-bands; microwave, which is subsegmented into L-band, S-band, C-band, X-band, Ku/Ka-band, and others; and millimeter band.
The single band frequency segment is projected to grow from an estimated USD 26,248 million in 2021 to USD 33,027 million by 2026, at a CAGR of 4.7%
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