Airborne Fire Control Radar Market Share 2022-2027: Size, Industry Growth, Analysis and Forecast
The latest research study “Airborne Fire Control Radar Market Share: Global Industry Trends, Size, Growth, Opportunity and Forecast 2022-2027” by IMARC Group, finds that the global airborne fire control radar market reached a value of US$ 2.84 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 3.76 Billion by 2027 exhibiting a CAGR of 4.50% during 2022-2027.
Airborne fire control radars (AFCRs) are lightweight, compact long-range detection systems integrated with missiles, guns, and rockets in fast strike aircraft and helicopters. Air-to-air, air-to-ground, and air-to-sea hostile targets are intercepted, targeted, and attacked using them. They include low-pulse repetition frequency (LPRF) systems and antennas that cause the doppler frequency to be activated in order to detect changes in the range of moving objects. Additionally, they help in locating the target and navigating around stationary or moving targets while producing warnings to avoid collisions with large aircraft. As a result, AFCRs have several uses in missions involving navigation, weapon guidance, detection, and search.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Airborne Fire Control Radar Market Trends and Drivers:
The global airborne fire control radar market is primarily driven by the growing adoption of active electronically scanned arrays (AESA) in aircraft and the rapid modernization of target detection equipment.
Additionally, the rising incidences of terrorist attacks and cross-border disturbances have accelerated the adoption of AFCRs in the military and defense sectors for accurate target detection and critical missions. Furthermore, the leading manufacturers are launching innovative AFCRs integrated with advanced geolocation sensors, long-range battle damage assessment, and surveillance and reconnaissance systems.
Along with this, the widespread automation of defense and surveillance radar systems has augmented the AFCR demand. Other factors, including the increasing procurement of fighter jets and combat helicopters, advancements in the defense infrastructure, and rising military spending, are also anticipated to catalyze the market growth.
Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
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Global Airborne Fire Control Radar Market 2022-2027 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Airbus SE, Aselsan A.?. (Turkish Armed Forces Foundation), BAE Systems plc, General Dynamics Corporation, Israel Aerospace Industries, Leonardo S.p.A., Lockheed Martin Corporation, Northrop Grumman Corporation, Raytheon Technologies Corporation, Saab AB and Thales Group.
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The report has segmented the market on the basis of region, frequency band, application and end user.
Breakup by Frequency Band:
- S-band
- X-band
- Ku/K/Ka Band
Breakup by Application:
- Air to Ground
- Air to Sea
- Air to Air
Breakup by End User:
- Military
- Commercial
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
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