Airborne Fire Control Radar Trends and Forecast
The future of the global airborne fire control radar market looks promising with opportunities in the air to ground, air to sea, and air to air markets. The global airborne fire control radar market is expected to reach an estimated $5.0 billion by 2030 with a CAGR of 6.7% from 2024 to 2030. The major drivers for this market are rise in usage of active electronically scanning array (AESA) technology, growth in accession of fighter jets to improve aerial strength, and growing concerns about terrorism and piracy.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Airborne Fire Control Radar by Segment
The study includes a forecast for the global airborne fire control radar by platform, frequency band, application, and region.
Airborne Fire Control Radar Market by Platform [Shipment Analysis by Value from 2018 to 2030]:
• Fighter Jets
• Combat Helicopters
• Others
Airborne Fire Control Radar Market by Frequency Band [Shipment Analysis by Value from 2018 to 2030]:
• L & S-Band
• X-Band
• Ku/K/Ka-Band
Airborne Fire Control Radar Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Air to Ground
• Air to Sea
• Air to Air
Airborne Fire Control Radar Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Airborne Fire Control Radar Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies airborne fire control radar companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the airborne fire control radar companies profiled in this report include-
• Israel Aerospace Industries
• Lockheed Martin Corporation
• BAE Systems
• Raytheon Technologies Corporation
• Thales Group
• Leonardo
• Bharat Electronics
Airborne Fire Control Radar Market Insights
Lucintel forecasts that ku/k/ka-band is expected to witness the highest growth over the forecast period.
Within this market, air to ground is expected to witness the highest growth.
APAC is expected to witness highest growth over the forecast period due to growing demand from emerging economies like China and India for combat helicopters and unmanned aerial vehicles (UAVs), as well as increased Chinese procurement of fifth generation fighter planes.
Features of the Global Airborne Fire Control Radar Market
Market Size Estimates: Airborne fire control radar market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Airborne fire control radar market size by platform, frequency band, application, and region in terms of value ($B).
Regional Analysis: Airborne fire control radar market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different platform, frequency band, application, and regions for the airborne fire control radar market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the airborne fire control radar market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the airborne fire control radar market size?
Answer: The global airborne fire control radar market is expected to reach an estimated $5.0 billion by 2030.
Q2. What is the growth forecast for airborne fire control radar market?
Answer: The global airborne fire control radar market is expected to grow with a CAGR of 6.7% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the airborne fire control radar market?
Answer: The major drivers for this market are rise in usage of active electronically scanning array (AESA) technology, growth in accession of fighter jets to improve aerial strength, and growing concerns about terrorism and piracy.
Q4. What are the major segments for airborne fire control radar market?
Answer: The future of the global airborne fire control radar market looks promising with opportunities in the air to ground, air to sea, and air to air markets.
Q5. Who are the key airborne fire control radar market companies?
Answer: Some of the key airborne fire control radar companies are as follows:
• Israel Aerospace Industries
• Lockheed Martin Corporation
• BAE Systems
• Raytheon Technologies Corporation
• Thales Group
• Leonardo
• Bharat Electronics
Q6. Which airborne fire control radar market segment will be the largest in future?
Answer: Lucintel forecasts that ku/k/ka-band is expected to witness the highest growth over the forecast period.
Q7. In airborne fire control radar market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to growing demand from emerging economies like China and India for combat helicopters and unmanned aerial vehicles (UAVs), as well as increased Chinese procurement of fifth generation fighter planes.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the airborne fire control radar market by platform (fighter jets, combat helicopters, and others), frequency band (L & S-band, X-band, and ku/k/ka-band), application (air to ground, air to sea, and air to air), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Airborne Fire Control Radar Market, Airborne Fire Control Radar Market Size, Airborne Fire Control Radar Market Growth, Airborne Fire Control Radar Market Analysis, Airborne Fire Control Radar Market Report, Airborne Fire Control Radar Market Share, Airborne Fire Control Radar Market Trends, Airborne Fire Control Radar Market Forecast, Airborne Fire Control Radar Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.