According to the new research report published by The Insight Partners, titled “Coastal Surveillance Radar Market was valued at US$ 964.61 million in 2021 and is projected to reach US$ 1,423.59 million by 2028; it is estimated to grow at a CAGR of 5.7% from 2021 to 2028.

Rising warfare, increasing terrorism threats, and rising government initiatives to strengthen the military & defense sector are a few main factors contributing to the constantly rising military expenditure across the globe. According to the data published by the Stockholm International Peace Research Institute (SIPRI) in 2020, the global expenditure across the military & defense sector has experienced a rise of 2.6% from 2019, with the US, China, India, Saudi Arabia, and Russia being the countries with the highest investment in 2020. A significant amount of this expenditure is utilized by the countries to procure military and defense equipment, such as aircraft, ground vehicles, naval ships, and other border monitoring equipment like coastal surveillance radars.

 Thus, the rise in military expenditure across the world is catalyzing the adoption of technologically advanced coastal surveillance radar systems to ensure efficient security across all coastal borders. For instance, The Republic of Korea Navy received a new coastal surveillance system from LIG Nex1 and South Korea's Defense Acquisition Program Administration (DAPA) in November 2019. Similarly, in 2021, the Federal Aviation Administration awarded National Defense Industries a second contract to deliver coastal surveillance radar systems, following the successful delivery of the first NDI California Coastal Surveillance, Remote Surveillance System-Maritime (RSS-M) to the Department of Homeland Security/Customs and Border Protection. Such initiatives by the governments and defense administrators year-on-year are fuelling the coastal surveillance radar market growth.

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Based on band type, the coastal surveillance radar market is segmented into X-band, S-band, X and S-band, and others. The X-band segment led the market in 2021. Coastal surveillance radars play a crucial role in safeguarding the coastline and marine vessels from potential threats by detecting them, intercepting the threats, and then defeating them. Many radars deployed at present represent the deployment of X-band radars. From territorial water surveillance to exclusive economic zone (EEZ), the radar is a mainstay for non-cooperative threat tracking and detection. The wavelength of X-band radar ranges up to 10 GHz, which makes the radar to be High Range Resolution (HRR) and accurate. The HRR is sometimes the best solution to the problem with small target detection during sea clutter. Thus, the end-users are more inclined toward the adoption of X-band coastal surveillance radar. For instance, for the past 20 years, waterways authorities and coast guards of The Netherlands and Belgium are using SCANTER radars, which are X-band-based coastal surveillance radars for securing their ports, coastline, and rivers. Thus, the benefits offered by X-band radars and the presence of large number of manufacturers drive the growth of the coastal surveillance radar market for the X-band segment.

The coastal surveillance radar market is segmented on the basis of band type, platform, end user and geography. Based on band type, the market is segmented into X-band, S-band, X and S-band, and others. Based on platform, the coastal surveillance radar market is segmented into shipborne, land-based, and airborne. The end user segment in the coastal surveillance radar market include ports harbor and oil & gas companies, and maritime patrol agencies. Geographically, the coastal surveillance radar market is segmented into North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), and South and Central America. Aselsan A.S., Accipiter Radar Technologies Inc, Blighter Surveillance Systems Ltd., Easat Radar Systems Limited, GEM elettronica, Elbit Systems Ltd., Teledyne FLIR LLC, HENSOLDT, Israel Aerospace Industries Ltd., and Raytheon Technologies Corporation are among the key players that are profiled during the study of the coastal surveillance radar market.

Companies Profiled in this report includes

  • Aselsan A.S.
  • Accipiter Radar Technologies Inc
  • Blighter Surveillance Systems Ltd.
  • Easat Radar Systems Limited
  • GEM elettronica
  • Elbit Systems Ltd.
  • Teledyne FLIR LLC
  • HENSOLDT
  • Israel Aerospace Industries Ltd.
  • Raytheon Technologies Corporation
  • Terma A/S
  • Thales Group
  • L3Harris Technologies, Inc.

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