Report ID: SQSG20A2015
Report ID:
SQSG20A2015 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
63 |
Figures:
75
3D Radar System Market size was valued at USD 132.66 Million in 2023 and is poised to grow from USD 159.66 Million in 2024 to USD 845.7 Million by 2032, growing at a CAGR of 20.35% during the forecast period (2025-2032).
3D Radar delivers three-dimensional radar coverage. Based on factors such as antenna height and target detection range, 3D radars can be employed for a variety of purposes. Because 3D Radars give more accurate and exact data, their deployment in the industry sector is increasing substantially. Government investments in military and defense to improve detection capabilities, surveillance resolution, and length are likely to fuel market growth throughout the forecast period. Furthermore, firms are focusing on the development of lightweight, novel radars. Governments and automakers will continue to invest heavily in the evolution of 3D radar.
In the coming years, the 3D Radar Market may benefit from the growing miniaturization of 3D radars and the increased use of cutting-edge materials in the production of lightweight 3D radars. However, issues with entirely automated 3D radar weaknesses and expensive development costs may limit the growth of the global industry. On the other hand, the market slowdown in the upcoming year can be mitigated by the increased implementation of 3D radars at numerous airports to improve surveillance. Additionally, the quick upgrade of airport systems in both military and commercial airports, as well as the early adoption of 3D radar technology, can support market expansion.
US 3D Radar System Market is poised to grow at a sustainable CAGR for the next forecast year.
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REQUEST FREE CUSTOMIZATIONThe 3D Radar System market is segmented into airborne, ground and marine. Among all of them the market share of 'ground' is largest.
The C/S/X Band category dominates by holding the majority of market share.
3D Radar System Market size was valued at USD 110.23 million in 2019 and is poised to grow from USD 132.66 million in 2023 to USD 702.7 million by 2031, growing at a CAGR of 20.35% in the forecast period (2024-2031).
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Report ID: SQSG20A2015