Airborne Early Warning Radar Global Market – Overview
Airborne early warning and control (AEW&C) system is known as an airborne radar-equipped ship, station, submarine, vehicle or aircraft that is used to detect the increasing radar range to protect from surprise attacks. It is designed to detect ship, aircraft and different vehicles at long ranges and perform control and command of the battleship by detecting attack aircraft strikes. Early warning radar is a radar system that is mainly used for long-range target detection. The Global Airborne Early Warning Radar Market was valued at US$ 997.35 Mn in 2020 and is expected to reach US$ 1,192.42 Mn by 2030. The growth of the market is witnessed due to rising government initiatives to strengthen the country’s security as well as continuous investments in military.
The key market players profiled in the report include: Curtiss Wright Corporation, Thales Group, SAAB A.B., BAE Systems PLC, Elbit Systems Ltd, General Electric Company, Lockheed Martin Corporation, General Dynamics Corporation, Ultra Electronics Ltd, The Raytheon Company and Kongsberg Gruppen ASA.
Focus of the report
- CAGR values in the market for the forecast period
- Key trends in the market place
- Major players and brands
- Historical and current market size and projection up to 2030.
- Detailed overview of parent market
- Changing market dynamics of the industry
Browse Full Report with Facts and Figures of Airborne Early Warning Radar Market Report at:https://www.absolutemarketsinsights.com/reports/Airborne-Early-Warning-Radar-Market-2018-2026-88
Industry Trends
Airborne early warning and control (AEW&C) system is known as an airborne radar-equipped ship, station, submarine, vehicle or aircraft that is used to detect the increasing radar range to protect from surprise attacks. It is designed to detect ship, aircraft and different vehicles at long ranges and perform control and command of the battleship by detecting attack aircraft strikes. Early warning radar is a radar system that is mainly used for long-range target detection. The global airborne early warning radar market was valued at US$ 997.35 Mn in 2020 and is expected to reach US$ 1,192.42 Mn by 2030. The growth of the market is witnessed due to rising government initiatives to strengthen the country’s security as well as continuous investments in military.
By Application
The defense application is currently holding maximum market share as air-defense radars can spot air targets and regulate their position, course, and speed in a relatively large area. Air-defense radars are divided into two categories based on the accurate position information supplied making them more favorable for the military use. In case of an attack, early detection of the enemy is vital for a successful defense against attack. Hence, these useful characteristics is expected to fuel the growth of airborne early warning radar market in future
Why Buy this Report?
- Extensive analysis on latest trends and growth opportunities in different regions across the globe
- Comprehensive assessment on recent technological advancements and forecast of the upcoming period
- A comparative analysis of leading players and emerging players in the Airborne Early Warning Radar market
- Authentic information on new product launches, organic and inorganic strategies, and more
- Valuable insights on the impact of regulatory framework on the global Airborne Early Warning Radar market
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