The Global X-Band Radar Market was valued at US$ 5,900.0 Million in 2022 and is expected to surpass US$ 8,366.1 Million by 2030, registering a CAGR of 4.5% during the forecast period (2023-2030), according to the global X-Band Radar Market report, by Type (Mobile X-Band Radar and Sea-Based X-Band Radar), By System Component (Command and Control System and Communication System), and by Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa), published by Coherent Market Insights.
Market Statistics:
The global X-band radar market is estimated to account for US$ 6,104.4 Mn in terms of value by the end of 2023. X-band radars are a type of radar that operates between the radio frequency range 8 GHz-to 13 GHz. X-band radar finds major applications in satellite communication, radar, and wireless computer networks. There are two types of X-band radar namely sea-based X-band radar and mobile X-band radar. X-band radars are used in civil, government, and military institutions for weather monitoring, maritime, air traffic, defense tracking, vessel traffic control, and vehicle speed control. X-band is majorly used in modern radars due to the short wavelength of X band, allowing for high-resolution imagery for target identification and discrimination.
Global X-band Radar Market: Drivers
X-band radar plays a vital role in maritime applications, including vessel traffic management, coastal surveillance, and navigation assistance. The need for enhanced situational awareness and improved safety measures in maritime environments fuels the demand for X-band radar systems with their ability to detect and track objects on the water, such as ships, buoys, and other navigational hazards.
In June 2020, HawkEye 360 Inc., the first commercial company to use formation flying satellites to create a new class of radio frequency (RF) data and data analytics, today announced that the company's flagship RFGeo product can now map an expanded catalog of marine navigation radar signals to further improve global maritime situational awareness. With this update, HawkEye 360 introduces the first S-band radar signal and quadruples the number of X-band radar signals in the company's library. HawkEye 360 can now cover the most used frequencies for X-band magnetron-based radar systems, providing a more comprehensive view of maritime activity.
Global X-band Radar Market: Opportunities
X-band radar technology can be applied in various industrial and infrastructure monitoring applications. These include monitoring of critical infrastructure such as bridges, dams, and power plants, as well as applications in mining, construction, and disaster management for detecting ground movements, structural integrity, and potential hazards.
In Jan 2020, National water agency PUB has developed a rainfall monitoring and prediction system capable of providing early heavy rainfall warnings, enhancing its response time to potential flash floods that may occur across Singapore.
Global X-band Radar Market: Restraints
X-band radar systems typically have a shorter range compared to lower-frequency radar systems. This limitation can restrict their effectiveness in applications that require long-range detection and tracking, such as certain defense and surveillance scenarios.
Global X-band Radar Market- Impact of Coronavirus (Covid-19) Pandemic
Globally, most countries have been affected by COVID-19 and most of the countries announced a lockdown. This hampered businesses across the globe due to disrupted supply chain operations. The global X-band radar market was also negatively impacted by COVID-19 as the demand for aircraft, ships, and other equipment that use X-band radars declined. Hence, the global X-band radar market witnessed slow growth during the pandemic.
To know the latest trends and insights prevalent in this market, click the link below:
https://www.coherentmarketinsights.com/market-insight/x-band-radar-market-3247
Key Takeaways:
The global X-band radar market was valued at US$ 5,900.0 Mn in 2022 and is forecast to reach a value of US$ 8,366.1 Mn by 2030, exhibiting a CAGR of 4.5% between 2023 and 2030.
Mobile X-band radar segment held a dominant position in the global X-band radar market in 2022, accounting for 65% share in terms of value, increasing approval and launch of new products is expected to propel the segment growth during the forecast period.
Global X-band Radar Market Trends:
Signal processing techniques are continuously evolving, enabling more sophisticated data analysis and interpretation from X-band radar systems. Advanced algorithms and machine learning approaches are being applied to enhance target detection, classification, and tracking capabilities. These advancements improve the radar's performance and provide more actionable intelligence to users.
There is a trend towards miniaturization and cost reduction in X-band radar systems. Advancements in technology and manufacturing processes are making X-band radar more compact, lightweight, and affordable. This opens up opportunities for its integration into smaller devices, unmanned systems, and consumer applications.
Global X-band radar Market: Competitive Landscape
Israel Aerospace Industries Ltd, Saab Group, Northrop Grumman Corporation, Japan Radio Company Limited, Reutech Radar Systems (RRS), Furuno Electric Co., Ltd., Raytheon Company, Terma A/S, Detect Inc.,and ProSensing, Inc.,
Global X-band radar Market: Recent Developments
In Jan 2023: Lieutenant Governor Manoj Sinha and Union Minister of State, Dr Jitendra Singh today jointly inaugurated the X-Band Doppler Weather Radar at Banihal Top, during the 148th Foundation Day celebrations of India Meteorological Department.
In November 2021, Sumitomo Electric Industries, Ltd. and its Group company Sumitomo Electric Device Innovations USA, Inc., a leading provider of advanced radiofrequency (RF), wireless and optical communications solutions, introduce Sumitomo Electric’s line of high-power gallium nitride (GaN) products for X-Band radar applications for Ground based and shipborne radars.
In August 2022, Israel Aerospace Industries (IAI), has expanded its naval radar portfolio with the introduction of a new compact ship borne surveillance and threat alert radar designed to fulfil the needs of operators of offshore patrol vessels (OPVs) and other small vessels. The new radar, named STAR-X 3D, is a fully digital 3D short- to medium-range X-band active electronically scanned array (AESA) radar that can perform simultaneous surface and air surveillance.
In March 2022 The Office of Naval Research (ONR) has selected Saab to produce an All-Digital Radar Technology Advanced Technology Demonstrator under a two-year contract worth $15.14 million. Saab was chosen after a competitive evaluation under an ONR Long-Range Broad Agency Announcement.
