{"id":26019,"date":"2020-11-02T08:00:00","date_gmt":"2020-11-02T08:00:00","guid":{"rendered":"https:\/\/wordpress2.hdnweb.com\/2020\/11\/02\/radar-market-to-garner-49-43-billion-globally-by-2027-at-3-80-cagr-says-allied-market-research\/"},"modified":"2020-11-02T08:00:00","modified_gmt":"2020-11-02T08:00:00","slug":"radar-market-to-garner-49-43-billion-globally-by-2027-at-3-80-cagr-says-allied-market-research","status":"publish","type":"post","link":"https:\/\/wordpress2.hdnweb.com\/en\/2020\/11\/02\/radar-market-to-garner-49-43-billion-globally-by-2027-at-3-80-cagr-says-allied-market-research\/","title":{"rendered":"Radar Market to Garner $49.43 Billion, Globally, by 2027 at 3.80 % CAGR, Says Allied Market Research"},"content":{"rendered":"<p><\/p>\n<style type=\"text\/css\"><![CDATA[\n\/* Style Definitions *\/\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n]]><\/style>\n<div class=\"xn-content\">\n<p><i>Increase in demand for radar systems in automotive and defense industries<\/i><i>, rise in advancements in radar technology, and increase in territorial battles drive the growth of the global radar market.<\/i><\/p>\n<p><span class=\"xn-location\">PORTLAND, Ore.<\/span>, <span class=\"xn-chron\">Nov. 2, 2020<\/span> \/PRNewswire\/ &#8212; Allied Market Research recently published a report, <b>&#8220;Radar Market by Product Type (Continuous Wave Radar, Pulse Radar, and Others),Platform (Marine, Air, Ground, and Space), Application (Air Traffic Control, Remote Sensing, Ground Traffic Control, and Space Navigation &amp; Control), and End User (Automotive, Aviation, Industrial, Weather Monitoring, Military &amp; Defense, and Others): Global Opportunity Analysis and Industry Forecast, 2020\u20132027&#8221;<\/b>. According to the report, the global <i><a target=\"_blank\" href=\"https:\/\/www.alliedmarketresearch.com\/radar-market\" rel=\"nofollow\">radar\u00a0industry<\/a><\/i> was pegged at $\u00a032.56 billion in 2019, and is projected to <b>reach $\u00a049.43 billion<\/b> by 2027, growing at a <b>CAGR of 3.80%<\/b> from 2020 to 2027.<\/p>\n<div id=\"prni_dvprnejpg48e4left\" style=\"WIDTH: 100%; TEXT-ALIGN: left\" dir=\"ltr\"><img decoding=\"async\" id=\"prnejpg48e4left\" title=\"Allied_Market_Research_Logo\" border=\"0\" alt=\"Allied_Market_Research_Logo\" align=\"middle\" imagelabel=\"General\" src=\"https:\/\/mma.prnewswire.com\/media\/636519\/Allied_Market_Research_Logo.jpg\"\/><\/div>\n<p>\u00a0<\/p>\n<p><b>Major drivers of the market growth-<\/b><\/p>\n<p>Increase in demand for radar systems in automotive and defense industries, rise in advancements in radar technology, and increase in territorial battles drive the growth of the global radar market. However, high cost of radar system impedes the growth to certain extent. Moreover, high investment from developed countries in military sector creates a number of opportunities for the market players.<\/p>\n<p><i><b>Download Sample Report: <\/b><a target=\"_blank\" href=\"https:\/\/www.alliedmarketresearch.com\/request-sample\/1930\" rel=\"nofollow\">https:\/\/www.alliedmarketresearch.com\/request-sample\/1930<\/a><b>\u00a0<\/b><\/i><\/p>\n<p><b>COVID-19 Scenarios-<\/b><\/p>\n<ul type=\"disc\">\n<li>Due to the global lockdown, the projects and plans regarding the implementation of the Radar system have been suspended. Furthermore, the investments for new projects have been put to a hold. <\/li>\n<li>The manufacturing processes have been adjourned as well. In addition, the industry has witnessed a drop in demand from the automotive industry. <\/li>\n<li>Nevertheless, the government has imposed certain relaxations on restrictions, which is anticipated to assist the industry to reinitiate the plans and projects.<\/li>\n<\/ul>\n<p><b>The continuous wave radar segment dominated the market-<\/b><\/p>\n<p>By product type, the continuous wave radar segment held the largest share in 2019, accounting for more than two-fifths of the global radar market. Additionally, the segment is expected to register the highest CAGR of 3.0% during the forecast period. The increase in demand for continuous wave radar systems to simultaneously transmit the light signal and continuously receive an echo reflections which is scattered from the objects is the major factor that drives the growth of the segment.<\/p>\n<p><i><b>Industry Analysis Post COVID: <\/b><a target=\"_blank\" href=\"https:\/\/www.alliedmarketresearch.com\/request-for-customization\/1930?reqfor=covid\" rel=\"nofollow\">https:\/\/www.alliedmarketresearch.com\/request-for-customization\/1930?reqfor=covid<\/a> <\/i><\/p>\n<p><b>The ground segment to manifest highest CAGR through 2027-<\/b><\/p>\n<p>By platform, the ground segment is projected to portray the highest CAGR of 5.0% during the forecast period. This is attributed to the rise in developments in defense &amp; military and automotive sector. However, the air segment held the largest share in 2019, accounting for nearly one-third of the global radar market. Features such as high sensitivity and finely resolved vertical profiles to characterize precipitation microphysics for the benefit of model parameterizations and process understanding drive the segment growth.<\/p>\n<p><b><span class=\"xn-location\">North America<\/span> held the largest market share in 2019-<\/b><\/p>\n<p>By region, the global radar market across <i><a target=\"_blank\" href=\"https:\/\/www.alliedmarketresearch.com\/press-release\/radar-market.html\" rel=\"nofollow\"><span class=\"xn-location\">North America<\/span> held the largest share<\/a><\/i> in 2019, accounting for nearly one-third of the total revenue share. Increase in road victims, rapid urbanization, changing consumer lifestyles, and stimulating demand for radar in luxury vehicle augment the growth of the market in this region. On the other hand, the <span class=\"xn-location\">Asia-Pacific<\/span> region is expected to manifest the highest CAGR of 5.6% during the forecast period. Increase in the defense budget of <span class=\"xn-location\">India<\/span> and <span class=\"xn-location\">China<\/span> and surge in demand for surveillance radar for security surveillance, reconnaissance, and modern air defense system drives the market in <span class=\"xn-location\">Asia-Pacific<\/span> region.<\/p>\n<p><i><b>Enquire For More: <\/b><a target=\"_blank\" href=\"https:\/\/www.alliedmarketresearch.com\/purchase-enquiry\/1930\" rel=\"nofollow\">https:\/\/www.alliedmarketresearch.com\/purchase-enquiry\/1930<\/a><b>\u00a0<\/b><\/i><\/p>\n<p><b>Major market players<\/b><\/p>\n<ul type=\"disc\">\n<li>L-3 Communications Holdings <\/li>\n<li>General Dynamics Corporation <\/li>\n<li>Dassault Aviation <\/li>\n<li>BAE Systems <\/li>\n<li>Northrop Grumman Corporation <\/li>\n<li>Lockheed Martin Corporation <\/li>\n<li>SAAB AB <\/li>\n<li>Rockwell Collins Inc. <\/li>\n<li>Thales Group <\/li>\n<li>Honeywell International Inc.<\/li>\n<\/ul>\n<p><b>Access AVENUE &#8211; A Subscription-Based Library (Premium On-Demand, Subscription-Based Pricing Model) @\u00a0<\/b><a target=\"_blank\" href=\"https:\/\/www.alliedmarketresearch.com\/library-access\" rel=\"nofollow\">https:\/\/www.alliedmarketresearch.com\/library-access<\/a><\/p>\n<p>Avenue is a user-based library of global market report database, provides comprehensive reports pertaining to the world&#8217;s largest emerging markets. It further offers e-access to all the available industry reports just in a jiffy. By offering core business insights on the varied industries, economies, and end users worldwide, Avenue ensures that the registered members get an easy as well as single gateway to their all-inclusive requirements.<\/p>\n<p><b>Avenue Library Subscription | Request For 14 Days Free Trial of Before Buying:<\/b><a target=\"_blank\" href=\"https:\/\/www.alliedmarketresearch.com\/avenue\/trial\/starter\" rel=\"nofollow\"><br \/>https:\/\/www.alliedmarketresearch.com\/avenue\/trial\/starter<\/a><\/p>\n<p><b>Similar Reports:<\/b><\/p>\n<p><i><a target=\"_blank\" href=\"https:\/\/www.alliedmarketresearch.com\/global-and-asia-pacific-radar-market-A06640\" rel=\"nofollow\">Global &amp; Asia-Pacific Radar Market<\/a><\/i> by Product Type (Continuous Wave Radar, Pulse Radar, and Others), Platform (Marine, Air, Ground, and Space), Application (Air Traffic Control, Remote Sensing, Ground Traffic Control, and Space Navigation &amp; Control), and End User (Automotive, Aviation, Industrial, Weather Monitoring, Military &amp; Defense, and Others): Opportunity Analysis and <b>Industry Forecast, 2020\u20132027<\/b><\/p>\n<p><i><a target=\"_blank\" href=\"https:\/\/www.alliedmarketresearch.com\/radar-transceiver-ic-market\" rel=\"nofollow\">Radar Transceiver IC Market<\/a><\/i> by Technology (RF CMOS, Bi CMOS), Application (Collision Avoidance, Lane Change Assist, Autonomous Emergency Braking, and Others), and Range (Short Medium and Long): Global Opportunity Analysis and <b>Industry Forecast, 2019\u20132026<\/b><\/p>\n<p><i><a target=\"_blank\" href=\"https:\/\/www.alliedmarketresearch.com\/radar-sensor-market-A06156\" rel=\"nofollow\">RADAR Sensor Market<\/a><\/i> By Type (Imaging RADAR and Non-Imaging Radar), By Range (Short-Range RADAR Sensors, Medium-Range RADAR Sensors, and Long-Range RADAR Sensors), and By End User (Automotive, Security &amp; Surveillance, Industrial, Environment &amp; Weather Monitoring, Traffic Monitoring, and Other End Users): Global Opportunity Analysis and <b>Industry Forecast, 2020-2027<\/b><\/p>\n<p><i><a target=\"_blank\" href=\"https:\/\/www.alliedmarketresearch.com\/ground-penetrating-radar-market-A07391\" rel=\"nofollow\">Ground Penetrating Radar Market<\/a><\/i> By Type (Handheld Systems, Cart-Based Systems, and Vehicle-Mounted Systems), Application (Utility Detection, Concrete Investigation, Transportation Infrastructure, Archaeology, and Others), and Offering (Equipment and Services): Global Opportunity Analysis and <b>Industry Forecast, 2020\u20132027<\/b><\/p>\n<p><b>About Us:<\/b><\/p>\n<p>Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in\u00a0Portland,\u00a0Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of &#8220;Market Research Reports&#8221; and &#8220;Business Intelligence Solutions.&#8221; AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.<\/p>\n<p>We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.<\/p>\n<p><b>Contact: <\/b><br \/><span class=\"xn-person\">David Correa<\/span><br \/>5933 NE Win Sivers Drive<br \/>#205,\u00a0Portland, OR\u00a097220<br \/><span class=\"xn-location\">United States<\/span><br \/><span class=\"xn-location\">USA<\/span>\/Canada\u00a0(Toll Free):\u00a0<br \/>1-800-792-5285, 1-503-894-6022, 1-503-446-1141<br \/>UK: +44-845-528-1300<br \/><span class=\"xn-location\">Hong Kong<\/span>: +852-301-84916<br \/>India\u00a0(<span class=\"xn-location\">Pune<\/span>): +91-20-66346060<br \/>Fax: +1(855)550-5975<br \/><a target=\"_blank\" href=\"mailto:help@alliedmarketresearch.com\" rel=\"nofollow\">help@alliedmarketresearch.com<\/a><br \/>Web:\u00a0<a target=\"_blank\" href=\"https:\/\/www.alliedmarketresearch.com\/\" rel=\"nofollow\">https:\/\/www.alliedmarketresearch.com<\/a>\u00a0<br \/><b>Follow Us on\u00a0<\/b><a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/company\/allied-market-research\" rel=\"nofollow\">LinkedIn<\/a>\u00a0<b>and<\/b>\u00a0<a target=\"_blank\" href=\"https:\/\/twitter.com\/Allied_MR\" rel=\"nofollow\">Twitter<\/a><\/p>\n<p>Logo: <a target=\"_blank\" href=\"https:\/\/mma.prnewswire.com\/media\/636519\/Allied_Market_Research_Logo.jpg\" rel=\"nofollow\">https:\/\/mma.prnewswire.com\/media\/636519\/Allied_Market_Research_Logo.jpg<\/a> <\/p>\n<\/div>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=EN78342&amp;Transmission_Id=202011020800PR_NEWS_EURO_ND__EN78342&amp;DateId=20201102\" style=\"border:0px; width:1px; height:1px;\"\/> <\/p>","protected":false},"excerpt":{"rendered":"<div class=\"xn-content\">\n<p><i>Increase in demand for radar systems in automotive and defense industries<\/i><i>, rise in advancements in radar technology, and increase in territorial battles drive the growth of the global radar market.<\/i><\/p>\n<p><span class=\"xn-location\">PORTLAND, Ore.<\/span>, <span class=\"xn-chron\">Nov. 2, 2020<\/span> \/PRNewswire\/ &#8212; Allied Market Research recently published a report, <b>&#8220;Radar Market by Product Type (Continuous Wave Radar, Pulse Radar, and Others),Platform (Marine, Air, Ground, and Space), Application (Air Traffic Control, Remote Sensing, Ground&#8230;<\/p>\n","protected":false},"author":1,"featured_media":26020,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[18],"tags":[],"class_list":["post-26019","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-hispanicmotorpress"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Radar Market to Garner $49.43 Billion, Globally, by 2027 at 3.80 % CAGR, Says Allied Market Research - Multisitio 2<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wordpress2.hdnweb.com\/en\/2020\/11\/02\/radar-market-to-garner-49-43-billion-globally-by-2027-at-3-80-cagr-says-allied-market-research\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Radar Market to Garner $49.43 Billion, Globally, by 2027 at 3.80 % CAGR, Says Allied Market Research - Multisitio 2\" \/>\n<meta property=\"og:description\" content=\"Increase in demand for radar systems in automotive and defense industries, rise in advancements in radar technology, and increase in territorial battles drive the growth of the global radar market.  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