Europe Aerospace and Defence Radar Market is anticipated to grow in a significant way in the forecast period. The increasing focus on safety and security needs in an automotive application, unlocking the wideband 5G and millimeter wave-based RF system capabilities, and growing demand for border security systems are the major factors that are expected to be driving the market to grow.
Radar is a detection system that utilizes radio waves to determine the range or velocity of an object. It is mainly used to detect aircraft, spacecraft, marine vessels, guided missiles, motor vehicles, weather formations, and terrain for defense purposes, and so on. A radar system consists of a transmitting antenna, transmitter producing electromagnetic waves in the radio or microwaves domain, a receiving antenna and a receiver and processor to determine properties of the objects like mentioned. Radio waves from the transmitter get reflected from the object and return to the receiver for giving information about the object's location and velocity.
Radar was developed secretly for military purposes by several nations in the period before and during World War 2. A significant development was the cavity magnetron in the UK, which enabled the creation of relatively small systems with sub-meter resolution.
Also, airports with a higher number of travelers and cargo should need surveillance radar systems to ensure safety and security. Therefore, airport operators are signifying on enhancing runway safety systems and implementing radar systems to enable ATC controllers to possess better control over passenger and cargo movement. Current geopolitical scenarios in European countries are offering a favorable environment for investments by manufacturers to expand their portfolio. This is supposed to create new market opportunities in the near future for the Europe Radar market.
Furthermore, the launch of Advanced Driver Assistance Systems (ADAS) in cars and electric vehicles is further fuelling the market growth. However, technical incompatibilities between the average power of a transmitter and the size of an antenna tend to result in poor performance, higher receiver noise, and reduced sensitivity of radar are the technical issues that are reducing the production of radars.
Recent Developments:
BAE System Plc., a British national company, has announced its partnership with the Wotton-Under-Edge county firm to develop next-generation combat air systems. The MoU between these countries also includes developing 3D printing technology to maximize the application of these novel emerging manufacturing techniques.
Thales and its partners have secured a contract amendment from the French defense procurement agency Direction Générale de l'Armement (DGA) on the SCORPION program which now becomes their prestigious one. Under this latest contract, MEPAC, Thales will deliver 54 additional Griffon multi-role armored vehicles.
BAE Systems, the UK defense group, is paying $1.93bn in cash for the military global positioning business of US engineer Collins Aerospace, in its biggest acquisition in more than a decade.
Drivers and Restraints of Europe Radar Market:
The increasing focus on safety and security needs in an automotive application, unlocking the wideband 5G and millimeter wave-based RF system capabilities, and increasing demand for border security systems major factors that are expected to fuel the growth of Europe Radar Market in the forecast period.
But, technical incompatibilities between the average power of a transmitter and size of an antenna tend to result in poor performance, and higher receiver noise and reduced sensitivity of radar are the technical issues affecting the performance of radars which is the challenge for this Europe Radar Market.
And the technological advancements, increase in the applications of these radars and the rise of investments for the development of these radars are the factors that are creating opportunities in the forecast period.
Component:
Service:
Platform:
Frequency Band:
Range:
End-Use:
Technology:
In the component outlook, the antenna segment is likely to grow in a significant way. The growing demand for digital signal processing, the increasing deployments of radar systems, and upgrading of existing systems are the reasons for the growth of the market.
In the service outlook, the installation/integration segment is presumed to acquire a significant share of Europe Radar Market. The growth of this segment is attributed to the increase of the installations or integrations of these radars to specialized vehicles and aircraft for security reasons.
Based on the range, the long-range radars are estimated to expand at a noteworthy growth rate in the coming years, with the increasing surveillance and defense applications.
In terms of applications, the military segment is predicted to witness the highest CAGR in the foreseen years, attributing to the mounting investments and rise in terrorist activities across the European region.
Europe Radar Market Regional analysis
In the regional analysis of Europe Radar Market, the UK is expected to be the center for the radar solutions because of the presence of major players in the region. Germany follows the UK, which acquires the major market share because of the technological advancements that are developed recently.
Key Players of Market
1. Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemiology
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Technology Type
5.1.1 Introduction
5.1.2 CW Radar
5.1.3 Pulsed Radar
5.1.4 Y-o-Y Growth Analysis, By Technology Type
5.1.5 Market Attractiveness Analysis, By Technology Type
5.1.6 Market Share Analysis, By Technology Type
5.2 Component Type
5.2.1 Introduction
5.2.2 Antenna
5.2.3 Receiver
5.2.4 Transmitter
5.2.5 Y-o-Y Growth Analysis, By Component Type
5.2.6 Market Attractiveness Analysis, By Component Type
5.2.7 Market Share Analysis, By Component Type
5.3 Platform Type
5.3.1 Introduction
5.3.2 Ground
5.3.3 Airborne
5.3.4 Naval
5.3.5 Y-o-Y Growth Analysis, By Platform Type
5.3.6 Market Attractiveness Analysis, By Platform Type
5.3.7 Market Share Analysis, By Platform Type
5.3 Application Type
5.3.1 Introduction
5.3.2 Civil
5.3.3 Military
5.3.4 Y-o-Y Growth Analysis, By Application Type
5.3.5 Market Attractiveness Analysis, By Application Type
5.3.6 Market Share Analysis, By Application Type
5.4 Band Type
5.4.1 Introduction
5.4.2 X
5.4.3 S
5.4.4 C
5.4.5 L
5.4.6 Y-o-Y Growth Analysis, By Band Type
5.4.7 Market Attractiveness Analysis, By Band Type
5.4.8 Market Share Analysis, By Band Type
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Geographical Area
6.1.3.2 By Technology Type
6.1.3.3 By Component Type
6.1.3.4 By Platform Type
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Geographical Area
6.1.4.2 By Technology Type
6.1.4.3 By Component Type
6.1.4.4 By Platform Type
6.1.5 Market Share Analysis
6.1.5.1 By Geographical Area
6.1.5.2 By Technology Type
6.1.5.3 By Component Type
6.1.5.4 By Platform Type
6.2 Europe
6.2.1 Introduction
6.2.2 U.K
6.2.3 Spain
6.2.4 Germany
6.2.5 Italy
6.2.6 France
7. Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 Lockheed Martin
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 The Raytheon Company
8.3 Northrop Grumman Corporation
8.4 Leonardo S.p.A.
8.5 Israel Aerospace Industries
8.6 SAAB Group
8.7 PT BAE Systems Plc
8.8 Thales Group
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10. Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
