Lucintel Forecasts the Global Early Warning Radar Market $1,487.0 million by 2030
Lucintel Forecasts the Global Early Warning Radar Market $1,487.0 million by 2030
Blog Article
According to a market report by Lucintel, the future of the global early warning radar market looks promising with opportunities in the attack, defense, surveillance, and collision avoidance markets. The global early warning radar market is expected to reach an estimated $1,487.0 million by 2030 from $1,036.5million in 2024,at a CAGR of 6.2% from 2024 to 2030. The major drivers for this market are growing demand from military forces and homeland security agencies, rising investments in defense and security infrastructure, and increasing integration of AI and machine learning in radar systems.
A more than 150-page report to understand trends, opportunity and forecast in early warning radar market to 2030 by type (air-interception radars, bombing radars, navigation radars, and others), range (short range, medium range, and long range), application (attack, defense, surveillance, collision avoidance, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecast that, within the type category, air-interception is expected to witness the highest growth over the forecast period.
Within the application category, defense will remain the largest segment.
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In terms of region, North America will remain the largest region over the forecast period due to increasing investment in the US defense space and presence of major players in the region.
CurtissWright, BAE Systems, Thales, SAAB A.B., Elbit Systems, Lockheed Martin, General Dynamics, The Raytheon, Northrop Grumman, Ultra Electronics are the major suppliers in the early warning radar market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.comTo get access of more than 1000 reports at fraction of cost visit Lucintel'sAnalytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market &unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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