Commercial Radars Market by Component, Application, Platform

The Commercial Radars market is estimated to be around USD 5.5 Billion in 2020 and is projected to reach USD 7.9 Billion by 2025, at a CAGR of 7.5% from 2020 to 2025. The growth in the market is attributed to factors such as increasing demand for drone detection systems at airports, advancement in radar technologies, need to manage marine transportation effectively, also increasing demand for commercial radar for weather monitoring, vehicle collision warning and industrial purpose.

Secondary Research

In the secondary research process, various secondary sources such as Factiva, Bloomberg, and BusinessWeek, SEC filings, annual reports, press releases & investor presentations of companies, certified publications, and articles by recognized authors were referred to for identifying and collecting information on the commercial radars market.

Primary Research

The commercial radars market comprises several stakeholders, such as material suppliers, component providers, end-product manufacturers, and integratory and regulatory organizations in its supply chain. The demand side of this market is characterized by various end-users such as commercial organizations of different countries. The following is the breakdown of the primary respondents that were interviewed to obtain qualitative and quantitative information about the commercial radars market.

Commercial Radars Market

Market Size Estimation

Both top-down and bottom-up approaches were used to estimate and validate the total size of the commercial radars market. These methods were also used extensively to estimate the size of various segments and subsegments of the market. The research methodology used to estimate the market size included the following:

Key players in the industry and market were identified through extensive secondary research of their product matrix and geographical presence and developments undertaken by them.
All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.

Data Triangulation

After arriving at the overall size of the commercial radars market using the market size estimation processes explained above, the market was split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, data triangulation, and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from demand as well as supply sides of the commercial radars market.

Report Objectives

To define, describe, and forecast the size of the commercial radars market based on component, frequency, range, platform, application, design, waveform, technology, dimension and region
To identify and analyze key drivers, restraints, opportunities, and challenges influencing the growth of the markets
To identify industry trends, market trends, and technology trends currently prevailing in the market
To analyze micromarkets1 with respect to individual technological trends, prospects, and their contribution to the overall market
To forecast the size of segments of the commercial radars market based on five regions, namely, North America, Europe, Asia Pacific, Middle East & Africa, and South America, along with major countries in each of these regions
To provide a detailed competitive landscape of the market and analyze competitive growth strategies such as new product developments, contracts, partnerships, joint ventures, agreements, collaborations, and acquisitions adopted by key players in the market
To identify detailed financial positions, key products, unique selling points, and key developments of leading companies in the market
To strategically profile key market players and comprehensively analyze their market rank analysis and core competencies2

Want to explore hidden markets that can drive new revenue in Commercial Radars Market?

Unlock Insights

Scope of the Report

Report Metric	Details
Market size available for years	2018–2025
Base year considered	2019
Forecast period	2020–2025
Forecast Monetary Unit	Value (USD)
Segments Covered	Component, Frequency, Range, Platform, Application, Technology, Waveform, Dimension and Design
Regions Covered	North America, Europe, Asia Pacific, Middle East & Africa, and South America
Companies Covered	Honeywell International Inc (US), Hensoldt (Germany), GEM elettronica (Italy), FLIR Systems (US), Blighter Surveillance Systems Ltd (UK), DeTect, Inc (US), and TERMA (Denmark). The report covers the top 25 companies globally.

This research report categorizes the commercial radars market based on Component, Frequency, Range, Platform, Application, Waveform, Dimension, Technology and Design and Region