Coastal Surveillance Radar Market Outlook to 2025
The global coastal surveillance radar market is projected to reach US$ 1,237.9 million by 2025 from US$ 775.7 million in 2017, growing at a CAGR of 6.1%.
Coastal Surveillance Radar Market Growth Projections to 2025: Reach US$ 1,237.9 Million at 6.1% CAGR
An exclusive Coastal Surveillance Radar market research report created through broad primary research (inputs from industry experts, companies, and stakeholders) and secondary research, the report aims to present the analysis of Global Coastal Surveillance Radar Market By Type, By Application, By Region - North America, Europe, South America, Asia-Pacific, Middle East and Africa. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyses the emerging trends along with major drivers, challenges and opportunities in the global Coastal Surveillance Radar market. Additionally, the report also highlights market entry strategies for various companies across the globe.
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Leading Coastal Surveillance Radar Market Players:
1. Terma
2. Kelvin Hughes
3. Harris Corporation
4. GEM Electtronica
5. FLIR Systems Inc.
6. Elbit Systems
7. Thales Group
8. Aselsan A.S
9. Israel Aerospace Industries
10. Raytheon Company
11. Easat Radar Systems Limited
12. Blighter Surveillance Systems Ltd.
Worldwide Coastal Surveillance Radar Market Analysis to 2025 is a specialized and in-depth study of the Coastal Surveillance Radar industry with a focus on the global market trend. The report aims to provide an overview of global Coastal Surveillance Radar market with detailed market segmentation by product/application and geography. The global Coastal Surveillance Radar market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the Coastal Surveillance Radar players and offers key trends and opportunities in the market.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Coastal Surveillance Radar market based on product and application. It also provides market size and forecast till 2025 for overall Coastal Surveillance Radar market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM), which is later sub-segmented by respective countries and segments. The report evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend and provides exhaustive PEST analysis for all five regions.
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Also, key Coastal Surveillance Radar market players influencing the market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years.
Reason to Buy:
1. Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Coastal Surveillance Radar market
2. Highlights key business priorities in order to assist companies to realign their business strategies.
3. The key findings and recommendations highlight crucial progressive industry trends in the Coastal Surveillance Radar market, thereby allowing players to develop effective long term strategies.
4. Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
5. Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
6. Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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Key questions answered in this Research Study:
1. What will the market size and the growth rate be in 2025?
2. What are the key factors driving the Global Coastal Surveillance Radar Market?
3. What are the key market trends impacting the growth of the Global Coastal Surveillance Radar Market?
4. What are the challenges to market growth?
5. Who are the key players in the Global Coastal Surveillance Radar Market?
6. What are the market opportunities and threats faced by the prominant palyers in the Global Coastal Surveillance Radar Market?
7. What are the trending factors influencing the Global Coastal Surveillance Radar Market shares of the North Americas, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SA)?
8. What are the key outcomes of the SWOT analysis and PEST analysis of the Global Coastal Surveillance Radar Market?
The coastal surveillance radar market is highly influenced by the demand for efficient vessel traffic services (VTS). The vehicle traffic service (VTS) is an oceanic monitoring system used by naval forces, coast guards and harbor authorities to monitor and navigate the marine vessels in a limited oceanic space. VTS is a major concern for the coastal surveillance teams and owing to the increasing vehicle traffic across geographies, the demand for shore surveillance radar is increasing among the end users. The VTS utilizes radar, VHF radiotelephony, automatic identification systems (AIS). The systems require compliances from IALA, and various VTS systems experience adverse environmental conditions such as high humidity or/and heavy rainfall, the system requires X-band as well as S-band radars to cover the area. The future of the coastal surveillance radar market is highly promising, as the major defense forces, as well as the defense forces in the emerging economies, are increasing their budgets year on year.
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The report focuses on an in-depth segmentation of coastal surveillance radar market based on types, platform, and end users. The geographic segmentation of the report covers major regions including; North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South America (SAM). The regional market has been further categorized by respective countries. For the type segment, X-band radar segment dominated the coastal surveillance radar market heavily and it is anticipated to continue its dominance throughout the forecast period from 2018 – 2025; whereas, regionally, Asia Pacific (APAC) accounted to hold the major chunk in global coastal surveillance radar market in 2017 and is expected to grow at the highest CAGR.
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The coastal surveillance radars are mainly used by the naval forces and coast guards with an objective to secure the coastlines from various marine threats. Following the marine disputes, the demand for constant and efficient maritime surveillance is being emphasized by all countries. The coastal surveillance radar market is dominated by X-band radars as these radars have much higher electromagnetic wavelength and detection capability of smaller targets even in sea clutter is much higher than other radars. However, the dual frequency radar i.e. combination of X-band and S-band radar is anticipated to be adopted the maximum in the coming years. These factors are anticipated to further boost up the growing installations and drive the coastal surveillance radar market.
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The Insight Partners
Sameer Joshi
Tel: +1-646-491-9876
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results