Information Technology
Digital Radar Market worth $13.7 billion by 2029 - Exclusive Report by MarketsandMarkets™
Active segment is expected to witness a higher CAGR during the forecast period in the digital radar market. Due to their groundbreaking functionality, active radars are receiving high public demand. These functions include border security, air traffic control, and military operations. Moreover, the application of active radars has been boosted by improvement in radar technology which include better signal processing and increased detection range as well as higher resolution.
2D & 3D radars have experienced rapid growth due to a few important features such as less complicated design, comprehensive detection, and improved accuracy. Such features contribute to their use within safety control, monitoring systems and military machinery. In order to enhance competitiveness within the market; some participants in the 2D & 3D digital radar ecosystem have taken up organic growth strategies such as product developments and partnerships.
The automotive segment is expected to witness the highest growth in the digital radar market during the forecast period. 4D radars in autonomous vehicles produces higher-resolution images from which more detailed speed, range, height, and depth information can be obtained. Consequently, the improved performances enable the sensor to enhance its object detection and classification under adverse atmospheric conditions, such as fog, rain or darkness. The market is expanding quickly because of the rising need for ADAS and autonomous driving features of cars. The increase is due to greater attention paid to vehicle safety as well as an improved self-driving technology.
https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=156613842
North America dominates in the digital radar industry driven by substantial investments in military & defense advancement, and rapid adoption of new motorcar safety technologies. These factors help promote the development of the region's main players like defense giants and in technical innovations. Leading companies such as Lockheed Martin Corporation (US), Northrop Grumman (US), and RTX (US) are pivotal in driving this market in North America .
Leading players in the digital radar companies include Lockheed Martin Corporation (US), Thales ( France ), Indra (Spain) , Leonardo S.p.A. ( Italy ), Bharat Electronics Limited ( India ), Advanced Micro Devices, Inc. (US), Magna International Inc. ( Canada ), NXP Semiconductors ( Netherlands ), Saab AB ( Sweden ), and Uhnder (US), Israel Aerospace Industries (Israel), BAE Systems (UK), Elbit Systems Ltd. (Israel), Vayyar (Israel), Arbe (Israel) , Ainstein Radar Systems (US), Oculii (US), Spartan Radar, Inc. (US), Cubtek Inc. ( Taiwan ), ASELSAN A.S. (Turkiye), Teledyne FLIR LLC (US), Echodyne Corp (US) Bitsensing ( South Korea ), RFISee (Israel), Gapwaves AB ( Sweden ) are few other key companies operating in the digital radar market.
https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=156613842
Semiconductor and Electronics Market Research Reports &Consulting
Radar Security Market by Surveillance Type (Ground, Air, Marine), Range (Long, Medium, Short), Application (Border Security, Seaport and Harbor, Critical Infrastructure), and Geography - Global Forecast to 2022
LiDAR Market by Component (Laser Scanners, Navigation and Positioning Systems, Other Components), Installation (Airborne, Ground-based), Type (Mechanical, Solid-state), Range (Short, Medium, Long), Service, Region - Global Forecast to 2029
Solid State Radar Market by Dimension (2D, 3D, 4D), Frequency Band (S-band, X-band, L-band), Waveform (Doppler, FMCW), Application (Navigation, Weather Monitoring), Industry and Region
LiDAR Drone Market by LiDAR Type (Topographic, Bathymetric), By Component (LiDAR Lasers, UAV Cameras), Drone Type (Rotary-wing, Fixed-wing), Range (Short-range, Medium-range, Long-range), Application, Region - Global Forecast to 2027
Time-of-Flight (ToF) Sensor Market by Resolution (QQVGA, HQVGA, QVGA, & VGA), Application (Augmented Reality & Virtual Reality, LIDAR, Machine Vision, 3D Imaging & Scanning, and Robotics & Drone), Product Type, Vertical and Geography - Global Forecast to 2025
MarketsandMarkets™ has been recognized as one of , as per their recent report.
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter , LinkedIn and Facebook .
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : +1-888-600-6441
Email: sales@marketsandmarkets.com
Visit Our Web Site: https://www.marketsandmarkets.com/
Research Insight:
https://www.marketsandmarkets.com/ResearchInsight/digital-radar-companies.asp
Content Source:
https://www.marketsandmarkets.com/PressReleases/digital-radar.asp
View original content: https://www.prnewswire.co.uk/news-releases/digital-radar-market-worth-13-7-billion-by-2029---exclusive-report-by-marketsandmarkets-302199109.html