Long Range Radar Systems Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
Long range radar systems are used by defense authorities for the detection of objects with the use of radio signals and waves. These signals are able to detect the suspected object by capturing the bounced back waves. Such systems are utilized for various application such as air and missile defense, airspace monitoring and traffic management, ground surveillance, weapon guidance, navigation, airborne mapping, mine detection and underground mapping, Requirement for long range radar systems is expected to grow notably all over the world in coming years.
MARKET SCOPE
The "Global Long Range Radar Systems Market Analysis to 2031" is a specialized and in-depth study of the aerospace and defense industry with a special focus on the global market trend analysis. The report aims to provide an overview of the long range radar systems market with detailed market segmentation by frequency band, component, product type, application, and geography. The report provides key statistics on the market status of the leading long range radar systems market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on frequency band, the global long range radar systems market is segmented into very high frequency VHF, ultra high frequency UHF band and L Band.
- On the basis of component, the market is segmented into antenna, transmitter, receiver, duplexer, display, and others.
- Based on product type, the global long range radar systems market is segmented into surveillance and airborne early warning, tracking and fire control radar, multi-function radar, synthetic aperture and moving target indicator radar, weapon locating radar and C RAM, and others.
- On the basis of application, the market is segmented into airports, air and missile defense, ground surveillance and intruder detection, airborne mapping, navigation and others.
MARKET DYNAMICS
Drivers:
- Rapid technological advancements in radar technology.
- Growing military expenditure in numerous countries.
Restraints:
- High capital investment may restrain the market growth in few developing countries
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), and Rest of the World (RoW). The long range radar systems market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 17 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive porter's five forces analysis affecting the long range radar systems market worldwide.
IMPACT OF COVID-19 ON LONG RANGE RADAR SYSTEMS MARKET
With growing military modernization programs, the production of long-range radar systems was growing substantially before the pandemic began. But due to the pandemic of COVID-19, few countries' military spending was reduced during 2021 owing to increased expenses on oxygen cylinders, vaccines, and other healthcare facilities. In 2021, Argentina's military expenditure was US$ 3.13 billion which was reduced to US$ 2.97 billion in 2021. Such decrease in the defense budget impacted the demand for long-range radar systems to some extent. Temporary manufacturing shutdown, limited availability of raw material, restriction of the limited workforce and delay in scheduled deliveries have affected the production process negatively. Owing to all such limitations, production of antennas, transmitters, receivers, and duplexers was affected adversely. With growing vaccination drives, the production process has started coming back to normalcy. Long range radar systems market is predicted to grow notably in coming years.
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), and Rest of the World (RoW). The long range radar systems market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 17 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive porter's five forces analysis affecting the long range radar systems market worldwide.
IMPACT OF COVID-19 ON LONG RANGE RADAR SYSTEMS MARKET
With growing military modernization programs, the production of long-range radar systems was growing substantially before the pandemic began. But due to the pandemic of COVID-19, few countries' military spending was reduced during 2021 owing to increased expenses on oxygen cylinders, vaccines, and other healthcare facilities. In 2021, Argentina's military expenditure was US$ 3.13 billion which was reduced to US$ 2.97 billion in 2021. Such decrease in the defense budget impacted the demand for long-range radar systems to some extent. Temporary manufacturing shutdown, limited availability of raw material, restriction of the limited workforce and delay in scheduled deliveries have affected the production process negatively. Owing to all such limitations, production of antennas, transmitters, receivers, and duplexers was affected adversely. With growing vaccination drives, the production process has started coming back to normalcy. Long range radar systems market is predicted to grow notably in coming years.
MARKET PLAYERS
The report covers key developments in the long range radar systems market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from long range radar systems market are anticipated to lucrative growth opportunities in the future with the rising demand for long range radar systems in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the long range radar systems market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Airbus
- BAE Systems
- Honeywell International Inc.
- Leonardo S.p.A.
- Lockheed Martin Corporation
- Northrop Grumman Corporation
- Raytheon Technologies Corporation
- Reutech Radar Systems
- Rheinmetall AG
- Thales Group
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Long Range Radar Systems Market - By Frequency Band
1.3.2 Long Range Radar Systems Market - By Component
1.3.3 Long Range Radar Systems Market - By Product Type
1.3.4 Long Range Radar Systems Market - By Application
1.3.5 Long Range Radar Systems Market - By Region
1.3.5.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. LONG RANGE RADAR SYSTEMS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. LONG RANGE RADAR SYSTEMS MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. LONG RANGE RADAR SYSTEMS MARKET - GLOBAL MARKET ANALYSIS
6.1. LONG RANGE RADAR SYSTEMS - GLOBAL MARKET OVERVIEW
6.2. LONG RANGE RADAR SYSTEMS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. LONG RANGE RADAR SYSTEMS MARKET - REVENUE AND FORECASTS TO 2028 - FREQUENCY BAND
7.1. OVERVIEW
7.2. FREQUENCY BAND MARKET FORECASTS AND ANALYSIS
7.3. VERY HIGH FREQUENCY VHF
7.3.1. Overview
7.3.2. Very high frequency VHF Market Forecast and Analysis
7.4. ULTRA HIGH FREQUENCY UHF BAND
7.4.1. Overview
7.4.2. Ultra high frequency UHF Band Market Forecast and Analysis
7.5. L BAND
7.5.1. Overview
7.5.2. L Band Market Forecast and Analysis
8. LONG RANGE RADAR SYSTEMS MARKET - REVENUE AND FORECASTS TO 2028 - COMPONENT
8.1. OVERVIEW
8.2. COMPONENT MARKET FORECASTS AND ANALYSIS
8.3. ANTENNA
8.3.1. Overview
8.3.2. Antenna Market Forecast and Analysis
8.4. TRANSMITTER
8.4.1. Overview
8.4.2. Transmitter Market Forecast and Analysis
8.5. RECEIVER
8.5.1. Overview
8.5.2. Receiver Market Forecast and Analysis
8.6. DUPLEXER
8.6.1. Overview
8.6.2. Duplexer Market Forecast and Analysis
8.7. DISPLAY
8.7.1. Overview
8.7.2. Display Market Forecast and Analysis
8.8. OTHERS
8.8.1. Overview
8.8.2. Others Market Forecast and Analysis
9. LONG RANGE RADAR SYSTEMS MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT TYPE
9.1. OVERVIEW
9.2. PRODUCT TYPE MARKET FORECASTS AND ANALYSIS
9.3. SURVEILLANCE AND AIRBORNE EARLY WARNING
9.3.1. Overview
9.3.2. Surveillance and Airborne Early Warning Market Forecast and Analysis
9.4. TRACKING AND FIRE CONTROL RADAR
9.4.1. Overview
9.4.2. Tracking and Fire Control Radar Market Forecast and Analysis
9.5. MULTI FUNCTION RADAR
9.5.1. Overview
9.5.2. Multi function Radar Market Forecast and Analysis
9.6. SYNTHETIC APERTURE AND MOVING TARGET INDICATOR RADAR
9.6.1. Overview
9.6.2. Synthetic Aperture and Moving Target Indicator Radar Market Forecast and Analysis
9.7. WEAPON LOCATING RADAR AND C RAM
9.7.1. Overview
9.7.2. Weapon Locating Radar and C RAM Market Forecast and Analysis
9.8. OTHERS
9.8.1. Overview
9.8.2. Others Market Forecast and Analysis
10. LONG RANGE RADAR SYSTEMS MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
10.1. OVERVIEW
10.2. APPLICATION MARKET FORECASTS AND ANALYSIS
10.3. AIRPORTS
10.3.1. Overview
10.3.2. Airports Market Forecast and Analysis
10.4. AIR AND MISSILE DEFENSE
10.4.1. Overview
10.4.2. Air and Missile Defense Market Forecast and Analysis
10.5. GROUND SURVEILLANCE AND INTRUDER DETECTION
10.5.1. Overview
10.5.2. Ground Surveillance and Intruder Detection Market Forecast and Analysis
10.6. AIRBORNE MAPPING
10.6.1. Overview
10.6.2. Airborne Mapping Market Forecast and Analysis
10.7. NAVIGATION
10.7.1. Overview
10.7.2. Navigation Market Forecast and Analysis
10.8. OTHERS
10.8.1. Overview
10.8.2. Others Market Forecast and Analysis
11. LONG RANGE RADAR SYSTEMS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
11.1. NORTH AMERICA
11.1.1 North America Long Range Radar Systems Market Overview
11.1.2 North America Long Range Radar Systems Market Forecasts and Analysis
11.1.3 North America Long Range Radar Systems Market Forecasts and Analysis - By Frequency Band
11.1.4 North America Long Range Radar Systems Market Forecasts and Analysis - By Component
11.1.5 North America Long Range Radar Systems Market Forecasts and Analysis - By Product Type
11.1.6 North America Long Range Radar Systems Market Forecasts and Analysis - By Application
11.1.7 North America Long Range Radar Systems Market Forecasts and Analysis - By Countries
11.1.7.1 United States Long Range Radar Systems Market
11.1.7.1.1 United States Long Range Radar Systems Market by Frequency Band
11.1.7.1.2 United States Long Range Radar Systems Market by Component
11.1.7.1.3 United States Long Range Radar Systems Market by Product Type
11.1.7.1.4 United States Long Range Radar Systems Market by Application
11.1.7.2 Canada Long Range Radar Systems Market
11.1.7.2.1 Canada Long Range Radar Systems Market by Frequency Band
11.1.7.2.2 Canada Long Range Radar Systems Market by Component
11.1.7.2.3 Canada Long Range Radar Systems Market by Product Type
11.1.7.2.4 Canada Long Range Radar Systems Market by Application
11.1.7.3 Mexico Long Range Radar Systems Market
11.1.7.3.1 Mexico Long Range Radar Systems Market by Frequency Band
11.1.7.3.2 Mexico Long Range Radar Systems Market by Component
11.1.7.3.3 Mexico Long Range Radar Systems Market by Product Type
11.1.7.3.4 Mexico Long Range Radar Systems Market by Application
11.2. EUROPE
11.2.1 Europe Long Range Radar Systems Market Overview
11.2.2 Europe Long Range Radar Systems Market Forecasts and Analysis
11.2.3 Europe Long Range Radar Systems Market Forecasts and Analysis - By Frequency Band
11.2.4 Europe Long Range Radar Systems Market Forecasts and Analysis - By Component
11.2.5 Europe Long Range Radar Systems Market Forecasts and Analysis - By Product Type
11.2.6 Europe Long Range Radar Systems Market Forecasts and Analysis - By Application
11.2.7 Europe Long Range Radar Systems Market Forecasts and Analysis - By Countries
11.2.7.1 Germany Long Range Radar Systems Market
11.2.7.1.1 Germany Long Range Radar Systems Market by Frequency Band
11.2.7.1.2 Germany Long Range Radar Systems Market by Component
11.2.7.1.3 Germany Long Range Radar Systems Market by Product Type
11.2.7.1.4 Germany Long Range Radar Systems Market by Application
11.2.7.2 France Long Range Radar Systems Market
11.2.7.2.1 France Long Range Radar Systems Market by Frequency Band
11.2.7.2.2 France Long Range Radar Systems Market by Component
11.2.7.2.3 France Long Range Radar Systems Market by Product Type
11.2.7.2.4 France Long Range Radar Systems Market by Application
11.2.7.3 Italy Long Range Radar Systems Market
11.2.7.3.1 Italy Long Range Radar Systems Market by Frequency Band
11.2.7.3.2 Italy Long Range Radar Systems Market by Component
11.2.7.3.3 Italy Long Range Radar Systems Market by Product Type
11.2.7.3.4 Italy Long Range Radar Systems Market by Application
11.2.7.4 United Kingdom Long Range Radar Systems Market
11.2.7.4.1 United Kingdom Long Range Radar Systems Market by Frequency Band
11.2.7.4.2 United Kingdom Long Range Radar Systems Market by Component
11.2.7.4.3 United Kingdom Long Range Radar Systems Market by Product Type
11.2.7.4.4 United Kingdom Long Range Radar Systems Market by Application
11.2.7.5 Russia Long Range Radar Systems Market
11.2.7.5.1 Russia Long Range Radar Systems Market by Frequency Band
11.2.7.5.2 Russia Long Range Radar Systems Market by Component
11.2.7.5.3 Russia Long Range Radar Systems Market by Product Type
11.2.7.5.4 Russia Long Range Radar Systems Market by Application
11.2.7.6 Rest of Europe Long Range Radar Systems Market
11.2.7.6.1 Rest of Europe Long Range Radar Systems Market by Frequency Band
11.2.7.6.2 Rest of Europe Long Range Radar Systems Market by Component
11.2.7.6.3 Rest of Europe Long Range Radar Systems Market by Product Type
11.2.7.6.4 Rest of Europe Long Range Radar Systems Market by Application
11.3. ASIA-PACIFIC
11.3.1 Asia-Pacific Long Range Radar Systems Market Overview
11.3.2 Asia-Pacific Long Range Radar Systems Market Forecasts and Analysis
11.3.3 Asia-Pacific Long Range Radar Systems Market Forecasts and Analysis - By Frequency Band
11.3.4 Asia-Pacific Long Range Radar Systems Market Forecasts and Analysis - By Component
11.3.5 Asia-Pacific Long Range Radar Systems Market Forecasts and Analysis - By Product Type
11.3.6 Asia-Pacific Long Range Radar Systems Market Forecasts and Analysis - By Application
11.3.7 Asia-Pacific Long Range Radar Systems Market Forecasts and Analysis - By Countries
11.3.7.1 Australia Long Range Radar Systems Market
11.3.7.1.1 Australia Long Range Radar Systems Market by Frequency Band
11.3.7.1.2 Australia Long Range Radar Systems Market by Component
11.3.7.1.3 Australia Long Range Radar Systems Market by Product Type
11.3.7.1.4 Australia Long Range Radar Systems Market by Application
11.3.7.2 China Long Range Radar Systems Market
11.3.7.2.1 China Long Range Radar Systems Market by Frequency Band
11.3.7.2.2 China Long Range Radar Systems Market by Component
11.3.7.2.3 China Long Range Radar Systems Market by Product Type
11.3.7.2.4 China Long Range Radar Systems Market by Application
11.3.7.3 India Long Range Radar Systems Market
11.3.7.3.1 India Long Range Radar Systems Market by Frequency Band
11.3.7.3.2 India Long Range Radar Systems Market by Component
11.3.7.3.3 India Long Range Radar Systems Market by Product Type
11.3.7.3.4 India Long Range Radar Systems Market by Application
11.3.7.4 Japan Long Range Radar Systems Market
11.3.7.4.1 Japan Long Range Radar Systems Market by Frequency Band
11.3.7.4.2 Japan Long Range Radar Systems Market by Component
11.3.7.4.3 Japan Long Range Radar Systems Market by Product Type
11.3.7.4.4 Japan Long Range Radar Systems Market by Application
11.3.7.5 South Korea Long Range Radar Systems Market
11.3.7.5.1 South Korea Long Range Radar Systems Market by Frequency Band
11.3.7.5.2 South Korea Long Range Radar Systems Market by Component
11.3.7.5.3 South Korea Long Range Radar Systems Market by Product Type
11.3.7.5.4 South Korea Long Range Radar Systems Market by Application
11.3.7.6 Rest of Asia-Pacific Long Range Radar Systems Market
11.3.7.6.1 Rest of Asia-Pacific Long Range Radar Systems Market by Frequency Band
11.3.7.6.2 Rest of Asia-Pacific Long Range Radar Systems Market by Component
11.3.7.6.3 Rest of Asia-Pacific Long Range Radar Systems Market by Product Type
11.3.7.6.4 Rest of Asia-Pacific Long Range Radar Systems Market by Application
11.4. MIDDLE EAST AND AFRICA
11.4.1 Middle East and Africa Long Range Radar Systems Market Overview
11.4.2 Middle East and Africa Long Range Radar Systems Market Forecasts and Analysis
11.4.3 Middle East and Africa Long Range Radar Systems Market Forecasts and Analysis - By Frequency Band
11.4.4 Middle East and Africa Long Range Radar Systems Market Forecasts and Analysis - By Component
11.4.5 Middle East and Africa Long Range Radar Systems Market Forecasts and Analysis - By Product Type
11.4.6 Middle East and Africa Long Range Radar Systems Market Forecasts and Analysis - By Application
11.4.7 Middle East and Africa Long Range Radar Systems Market Forecasts and Analysis - By Countries
11.4.7.1 South Africa Long Range Radar Systems Market
11.4.7.1.1 South Africa Long Range Radar Systems Market by Frequency Band
11.4.7.1.2 South Africa Long Range Radar Systems Market by Component
11.4.7.1.3 South Africa Long Range Radar Systems Market by Product Type
11.4.7.1.4 South Africa Long Range Radar Systems Market by Application
11.4.7.2 Saudi Arabia Long Range Radar Systems Market
11.4.7.2.1 Saudi Arabia Long Range Radar Systems Market by Frequency Band
11.4.7.2.2 Saudi Arabia Long Range Radar Systems Market by Component
11.4.7.2.3 Saudi Arabia Long Range Radar Systems Market by Product Type
11.4.7.2.4 Saudi Arabia Long Range Radar Systems Market by Application
11.4.7.3 U.A.E Long Range Radar Systems Market
11.4.7.3.1 U.A.E Long Range Radar Systems Market by Frequency Band
11.4.7.3.2 U.A.E Long Range Radar Systems Market by Component
11.4.7.3.3 U.A.E Long Range Radar Systems Market by Product Type
11.4.7.3.4 U.A.E Long Range Radar Systems Market by Application
11.4.7.4 Rest of Middle East and Africa Long Range Radar Systems Market
11.4.7.4.1 Rest of Middle East and Africa Long Range Radar Systems Market by Frequency Band
11.4.7.4.2 Rest of Middle East and Africa Long Range Radar Systems Market by Component
11.4.7.4.3 Rest of Middle East and Africa Long Range Radar Systems Market by Product Type
11.4.7.4.4 Rest of Middle East and Africa Long Range Radar Systems Market by Application
11.5. SOUTH AND CENTRAL AMERICA
11.5.1 South and Central America Long Range Radar Systems Market Overview
11.5.2 South and Central America Long Range Radar Systems Market Forecasts and Analysis
11.5.3 South and Central America Long Range Radar Systems Market Forecasts and Analysis - By Frequency Band
11.5.4 South and Central America Long Range Radar Systems Market Forecasts and Analysis - By Component
11.5.5 South and Central America Long Range Radar Systems Market Forecasts and Analysis - By Product Type
11.5.6 South and Central America Long Range Radar Systems Market Forecasts and Analysis - By Application
11.5.7 South and Central America Long Range Radar Systems Market Forecasts and Analysis - By Countries
11.5.7.1 Brazil Long Range Radar Systems Market
11.5.7.1.1 Brazil Long Range Radar Systems Market by Frequency Band
11.5.7.1.2 Brazil Long Range Radar Systems Market by Component
11.5.7.1.3 Brazil Long Range Radar Systems Market by Product Type
11.5.7.1.4 Brazil Long Range Radar Systems Market by Application
11.5.7.2 Argentina Long Range Radar Systems Market
11.5.7.2.1 Argentina Long Range Radar Systems Market by Frequency Band
11.5.7.2.2 Argentina Long Range Radar Systems Market by Component
11.5.7.2.3 Argentina Long Range Radar Systems Market by Product Type
11.5.7.2.4 Argentina Long Range Radar Systems Market by Application
11.5.7.3 Rest of South and Central America Long Range Radar Systems Market
11.5.7.3.1 Rest of South and Central America Long Range Radar Systems Market by Frequency Band
11.5.7.3.2 Rest of South and Central America Long Range Radar Systems Market by Component
11.5.7.3.3 Rest of South and Central America Long Range Radar Systems Market by Product Type
11.5.7.3.4 Rest of South and Central America Long Range Radar Systems Market by Application
12. INDUSTRY LANDSCAPE
12.1. MERGERS AND ACQUISITIONS
12.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
12.3. NEW PRODUCT LAUNCHES
12.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
13. LONG RANGE RADAR SYSTEMS MARKET, KEY COMPANY PROFILES
13.1. AIRBUS
13.1.1. Key Facts
13.1.2. Business Description
13.1.3. Products and Services
13.1.4. Financial Overview
13.1.5. SWOT Analysis
13.1.6. Key Developments
13.2. BAE SYSTEMS
13.2.1. Key Facts
13.2.2. Business Description
13.2.3. Products and Services
13.2.4. Financial Overview
13.2.5. SWOT Analysis
13.2.6. Key Developments
13.3. HONEYWELL INTERNATIONAL INC.
13.3.1. Key Facts
13.3.2. Business Description
13.3.3. Products and Services
13.3.4. Financial Overview
13.3.5. SWOT Analysis
13.3.6. Key Developments
13.4. LEONARDO S.P.A.
13.4.1. Key Facts
13.4.2. Business Description
13.4.3. Products and Services
13.4.4. Financial Overview
13.4.5. SWOT Analysis
13.4.6. Key Developments
13.5. LOCKHEED MARTIN CORPORATION
13.5.1. Key Facts
13.5.2. Business Description
13.5.3. Products and Services
13.5.4. Financial Overview
13.5.5. SWOT Analysis
13.5.6. Key Developments
13.6. NORTHROP GRUMMAN CORPORATION
13.6.1. Key Facts
13.6.2. Business Description
13.6.3. Products and Services
13.6.4. Financial Overview
13.6.5. SWOT Analysis
13.6.6. Key Developments
13.7. RAYTHEON TECHNOLOGIES CORPORATION
13.7.1. Key Facts
13.7.2. Business Description
13.7.3. Products and Services
13.7.4. Financial Overview
13.7.5. SWOT Analysis
13.7.6. Key Developments
13.8. REUTECH RADAR SYSTEMS
13.8.1. Key Facts
13.8.2. Business Description
13.8.3. Products and Services
13.8.4. Financial Overview
13.8.5. SWOT Analysis
13.8.6. Key Developments
13.9. RHEINMETALL AG
13.9.1. Key Facts
13.9.2. Business Description
13.9.3. Products and Services
13.9.4. Financial Overview
13.9.5. SWOT Analysis
13.9.6. Key Developments
13.10. THALES GROUP
13.10.1. Key Facts
13.10.2. Business Description
13.10.3. Products and Services
13.10.4. Financial Overview
13.10.5. SWOT Analysis
13.10.6. Key Developments
14. APPENDIX
14.1. ABOUT THE INSIGHT PARTNERS
14.2. GLOSSARY OF TERMS
1.Airbus
2.BAE Systems
3.Honeywell International Inc.
4.Leonardo S.p.A.
5.Lockheed Martin Corporation
6.Northrop Grumman Corporation
7.Raytheon Technologies Corporation
8.Reutech Radar Systems
9.Rheinmetall AG
10.Thales Group
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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