Global 3D Radar System Market

Global 3D Radar System Market Size, Share, Growth Analysis, By Platform(Airborne, Ground), By Frequency(C/S/X Band, L Band) - Industry Forecast 2024-2031

Report ID: SQSG20A2015 | Region: Global | Published Date: February, 2024
Pages: 157 | Tables: 63 | Figures: 75

Global 3D Radar System Market News

  • In June 2022, Ripple spec version 1.1 was just released to help define an interoperable standard for radar deployment. Experts discussed the spec on a panel at Sensors Converge 2022: Kerri Haresign from CTA, Catherine Liao from Blumio, Nick Colella from Ford Motor, Brandon Barbello from Google and Raj Khattoi from Infineon Technologies.
  • In June 2022, E3D, a leading supplier of hotends, nozzles and extruders for 3D printing, has announced the acquisition of ZODIAC. Through this deal, E3D has acquired all the assets and IP of the nozzle and aftermarket FDM solutions provider. The terms of the acquisition have not been disclosed
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FAQs

The 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.

Global 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).

The Global 3D Radar System market is highly competitive. To maintain a competitive edge, the major industry participants are continually implementing various growth strategies. Innovations, mergers, and acquisitions, collaborations and partnerships are adopted by these players to thrive in the competitive market. In order to provide industries with the most effective and economical solutions, the major market players are also continually concentrating on R&D. 'Airbus S.A.S.', 'BAE Systems', 'Raytheon Technologies Corporation', 'Lockheed Martin Corporation', 'Thales Group', 'Leonardo S.p.A.', 'SAAB AB', 'Northrop Grumman Corporation', 'Israel Aerospace Industries Ltd.', 'Honeywell International Inc.', 'Rheinmetall AG', 'Mitsubishi Electric Corporation', 'ASELSAN A.Ş.', 'Japan Radio Co., Ltd.', 'ELTA Systems Ltd.', 'RADA Electronic Industries Ltd.', 'Blighter Surveillance Systems Ltd.', 'Hensoldt AG', 'Terma A/S', 'SRC, Inc.'

The technology of 3D Radar, which is used for identifying and tracking knowledge and data fragments, is a crucial component of any protection stock. The 3D Radar offers a comprehensive subsurface discovery framework that combines commercially available (COTS) GPR components with unique programming to successfully identify both metallic and non-metallic objects. The height, range, and speed of the item are determined by the 3D Radar. These radars offer a few notable features, including the ability to programme the location of airborne targets and the ability to operate constantly in all weather. These radars have specific uses, such as filling gaps in basic air guard radar systems, providing coverage for sensitive locations, and providing local air protection.

The demand for 3D radar technology will increase due to the increased popularity of driverless vehicles and radar. Widespread adoption of short-range, light-weight 3D radar is currently occurring in automotive applications. In Autonomous Driving Assistance Systems (ADAS) for vehicle safety, these radars are primarily used as a crucial sensor system. Companies are investing in these radars more and more as a result of increasing demand from the automotive industries.

Due to the governments' implementation of delivering mechanically advanced reconnaissance frameworks, Europe continues to be a key market for 3D radar vendors. The approval given by a few European legislative bodies to implement innovative radar systems in automobiles has contributed to improved containment of neighbouring nations. In addition, the conflicts and war conditions in the region are leading to an increase in the number of unlawful refugee seekers entering Europe. For instance, the war in Syria brought thousands of unauthorised immigrants to the region, raising security concerns. To combat this, important nations in the region began to modernise their systems for observing and regulating such occurrences in order to assure safer borders. Recent news from Russia describing the development of a new prototype radar using radio photonics technology has emerged. Something extremely similar has been confirmed by The Wellsprings of. This new invention radar will create a three-layered picture that will let you choose its type. According to sources, the tactical division of the Russian Ministry of Defence has been taking part in testing new radar-driven technologies that promise to meet the rising need for 3D radar in the nation. According to the MRFR report, Europe is expected to grow rapidly as a result of cross-country naval modernization plans. Because of its strong aviation base and increased air force exercises, the United Kingdom is projected to remain ahead of the regional market growth curve.

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