Naval Systems Surveillance Radar Market Scope And Analysis

Report Code : TIPRE00021512
Category : Aerospace and Defense

No. of Pages : 150

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Naval System Surveillance Radar Market Scope and Key Players Analysis by 2031

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Naval System Surveillance Radar Market Report Scope

Report Attribute	Details
Market size in 2023	US$ 4.25 Billion
Market Size by 2031	US$ 7.17 Billion
Global CAGR (2023 - 2031)	6.8%
Historical Data	2021-2022
Forecast period	2024-2031
Segments Covered	By Type X-band & Ku-band L-Band & S-band By Application Weapon Guidance System and Surveillance
Regions and Countries Covered	North America US Canada Mexico Europe UK Germany France Russia Italy Rest of Europe Asia-Pacific China India Japan Australia Rest of Asia-Pacific South and Central America Brazil Argentina Rest of South and Central America Middle East and Africa South Africa Saudi Arabia UAE Rest of Middle East and Africa
Market leaders and key company profiles	Lockheed Martin Corporation Northrop Grumman Corporation Raytheon Technologies Corporation Saab AB Thales Group BAE Systems Israel Aerospace Industries Ltd Leonardo S p A Ultra HENSOLDT

Naval System Surveillance Radar Market News and Recent Developments

The naval system surveillance radar market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the naval system surveillance radar market are listed below:

Northrop Grumman Corporation has secured a contract worth US$ 167 million for the modification of the US Navy’s G/ATOR radar technology. (Source: Northrop Grumman Corporation, Press Release, Apr 2024)
The U.S. Navy is putting the advanced AN/SPY-6 naval radar on 29 new ships, and now it will add this system to the first existing ships, starting with a $619 million contract with Raytheon, an RTX business. (Source: Raytheon Technologies Corporation, Press Release, Apr 2023)

Naval System Surveillance Radar Market Report Coverage and Deliverables

The “Naval System Surveillance Radar Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:

Naval system surveillance radar market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
Naval system surveillance radar market trends as well as market dynamics such as drivers, restraints, and key opportunities
Detailed porter’s five forces analysis
Naval system surveillance radar market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the naval system surveillance radar market
Detailed company profiles