Radar Security Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast (2021 – 2026)
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• Radar Security Market is analysed to grow at a CAGR of 6.8% during the forecast 2021-2026 to reach $20.9 billion by 2026. • RADAR stands for Radio Detection and Ranging which is typically is a detection system that uses radio waves to determine the distance/range, angle or velocity of objects. • A radar system consists of a transmitter producing electromagnetic waves in the radio or microwaves domain, a transmitting antenna, a receiving antenna and a receiver and processor which determines different properties of the object. • This wide range of security applications and informative application tend to enhance the global Radar Security Market size in the forecast period. Contact: (+1)970-236-3677 Email: sales@industryarc.com
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Key Takeaways • Rising demand of high efficient security systems to avoid threats and growing need to maintain a good fleet in airports and seaports across the globe is analysed to significantly drive the market during the forecast period 2021-2026. • Ground Surveillance Radar (GSR) Systems is analysed to hold significant share in 2020 owing to the increasing demand of security systems for border security and critical infrastructure locations. This tend to bring major growth in the demand of Ground Surveillance Radar System in the global level further propelling the Radar Security Market growth. • Border security applications is expected to hold the highest market share in the forecast period owing to rise in the demand of security of armed personnel and army base camps and to provide surveillance operations to avoid threats. Contact: (+1)970-236-3677 Email: sales@industryarc.com
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By Distribution Channel- Segment Analysis • By Type, the Radar Security Market Report is segmented into Ground Surveillance Radar (GSR) Systems, Air Surveillance Radar (ASR) Systems and Marine Surveillance Radar (MSR) Systems and Perimeter Surveillance Radar (PSR) Systems. Ground Surveillance Radar Systems are analysed to hold highest share and grow at highest CAGR of 6.9% during the forecast period 2021-2026 owing to the increasing demand of security systems for border security and critical infrastructure locations. Ground Surveillance Radar Systems provides continuous 360-degree surveillance of the ground, seaports & harbours and airspace. These are designed to perform all these tasks in a single system, eliminating the need for multiple, specialized systems. Contact: (+1)970-236-3677 Email: sales@industryarc.com
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Radar Security Industry Outlook • • • • • • • • • • •
Aerospace Industry Ltd. Blighter Surveillance System Detect, Inc. Elbit System Ltd Flir Systems, Inc. Kelvin Hughes Limited Kongsberg Gruppen Lockheed Martin Corporation Raytheon Company Saab AB SRC Inc.
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