Solid State Radar Market will Hit $2.0 billion by 2026

1. MarketsandMarkets Presents Solid State Radar Market will Hit $2.0 billion by 2026 Solid State Radar Market with COVID-19 Impact by Dimension (2D, 3D, 4D), Frequency Band (S-band, X-band, L-band), Waveform (Doppler, FMCW), Application (Navigation, Weather Monitoring), Industry and Region - Global Forecast to 2026 https://www.marketsandmarkets.com/Market-Reports/solid-state-radar-market-107482846.html

2. According to the new market research report "Solid State Radar Market with COVID-19 Impact by Dimension (2D, 3D, 4D), Frequency Band (S-band, X-band, L-band), Waveform (Doppler, FMCW), Application (Navigation, Weather Monitoring), Industry and Region - Global Forecast to 2026", published by MarketsandMarkets™, the Solid State Radar Market is projected to grow from USD 1.7 billion in 2021 to USD 2.0 billion by 2026; it is expected to grow at a CAGR of 4.2% from 2021 to 2026. The key factors fueling the growth of the market include advancements in solid state radar technologies, development of phased-array solid state radar, and increased demand for advanced weather monitoring radar. Additionally, the growing investments across the defense sector in the APAC is expected to create an opportunity for the solid state radar market. Browse 133 market data Tables and 62 Figures spread through 190 Pages and in-depth TOC on "Solid State Radar Market with COVID-19 Impact - Global Forecast to 2026"

3. The 3D segment is projected to account for the largest share of the solid state radar market during the forecast period. The 3D solid state radars are used in applications, such as surveillance, navigation, and weather monitoring. These 3D radars can provide high target location accuracy along and fully automatic operation modes, which has resulted in an increased demand for these radars in the military. Ask PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=107482846 The market for S-band solid state radar is expected to grow at the highest CAGR during the forecast period The S-band solid state radars provide highly accurate outputs and are stable at high power. Other advantages of these radars include clear images, reduced maintenance, and low running costs. The growing air traffic and increasing investments in airport infrastructure development in various countries across the globe are key factors expected to boost the market of S-Band solid state radars.

4. The non-commercial industry in solid state radar is expected to grow at the highest CAGR during the forecast period. The solid state radars are used by police forces, border security forces, coastal & maritime patrol officers, and search & rescue operatives. These radars are also used to detect targets and determine their position, course, and speed over a long-range. Solid state radars facilitate intelligence gathering, surveillance, and reconnaissance. Thus, all these factors are expected to drive the growth of solid state radar market for this segment. Request Free Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=107482846 North America held the largest share of the global solid state radar market during the forecast period. The increased adoption of solid state radars in the navigation, border security, surveillance, and traffic management applications is the major reason for the growing demand for radars in the commercial as well as non-commercial industries. The demand for solid state radars is expected to increase with the growing investments across the defense sector in the region. The key players operating in the solid state radar market include Lockheed Martins (US), Raytheon Technologies (US), Honeywell (US), Thales Group (France), Leonardo (Italy), Elbit Systems (Israel), Garmin (US), Indra (Spain), Wartsila (Finland), and Teledyne Flir (US).

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