Solid State Radar Market to witness the highest growth in North America Region


Posted September 15, 2021 by ctom7000

North America in solid state radar market is projected to be the largest market from 2021 to 2026
 
The solid state radar market was valued at USD 1.7 billion in 2021 and is projected to reach USD 2.0 billion by 2026; it is expected to grow at a CAGR of 4.2% from 2021 to 2026. The growth of the solid state radar market is driven byadvancements in solid state radar technologies, development of phased-array solid state radar, and increased demand for advanced weather monitoring radar.

3D solid state radar accounted for the largest share of the solid state radar market in 2020. 3D solid state radars are used in applications, such as surveillance, navigation, and weather monitoring. These 3D radars can provide high target location accuracy along and fully automatic operation modes, which has resulted in an increased demand for these radars in the military.

Ask for Free PDF:
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=107482846

The S-band segment of solid state radar market to grow at the highest CAGR during the forecast period. S-band solid state radars provide highly accurate outputs and are stable at high power. Other advantages of these radars include clear images, reduced maintenance, and low running costs. The growing air traffic and increasing investments in airport infrastructure development in various countries across the globe are key factors expected to boost the market of S-Band solid state radars.

Non-commercial accounted for the largest share of solid state radar market in 2020. Solid state radars are used by police forces, border security forces, coastal & maritime patrol officers, and search & rescue operatives. These radars are also used to detect targets and determine their position, course, and speed over a long-range. Solid state radars facilitate intelligence gathering, surveillance, and reconnaissance. Thus, all these factors are expected to drive the growth of solid state radar market for this segment.

North America held the largest share of the global solid state radar market during the forecast period. The increased adoption of solid state radars in the navigation, border security, surveillance, and traffic management applications is the major reason for the growing demand for radars in the commercial as well as non-commercial industries. The demand for solid state radars is expected to increase with the growing investments across the defense sector in the region.
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By Tom
Country United States
Categories Electronics , Semiconductors
Tags solid state radar market
Last Updated September 15, 2021