According to the new market research report "Solid State Radar Market with COVID-19 Impact by Dimension (2D, 3D, 4D), Frequency Band (S-band, X-band, L-band), Waveform (Doppler, FMCW), Application (Navigation, Weather Monitoring), Industry and Region - Global Forecast to 2026", published by MarketsandMarkets™, the Solid State Radar Market is projected to grow from USD 1.7 billion in 2021 to USD 2.0 billion by 2026; it is expected to grow at a CAGR of 4.2% from 2021 to 2026.
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The key factors
fueling the growth of the market include advancements in solid state radar
technologies, development of phased-array solid state radar, and increased
demand for advanced weather monitoring radar. Additionally, the growing
investments across the defense sector in the APAC is expected to create an
opportunity for the solid state radar market.
The 3D segment is projected to account for the largest share of
the solid state radar market during the forecast period.
The 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.
The market for S-band solid state radar is expected to grow at
the highest CAGR during the forecast period
The 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.
Browse in-depth TOC on "Solid State Radar Market"
133 – Tables
62 – Figures
190 – Pages
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The non-commercial industry in solid state radar is expected to
grow at the highest CAGR during the forecast period.
The 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.
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