According to the International Air Transport Association (IATA), the global annual air passenger numbers surpassed 4 billion in 2017, a 7.3% increase since 2016. The Airport Council International states in a report that passenger traffic at the world’s 20 busiest airports grew by 5.2% in 2017, catering almost 1.5 billion air passengers through their terminals in 2017. Thus, passengers traveling in aircraft are subjected to grow at a burgeoning rate. Thus, demands for efficient and scheduled airlines also further indicates the increasing number of airports worldwide. According to the World Economic Forum, China will build 74 new airports by 2020. These airports, passenger aircraft, cargo aircraft and air-traffic control uses Doppler radar for obtaining velocity, angle, and range of an object at stagnant or moving condition. With such developments in air travels, the Doppler Radar Market is expected to grow, which already held the market size of $7.43 billion in 2018. Foreseeing the current business landscape, the Doppler radar market is estimated to grow at a CAGR of 4.59%, during the forecast period 2019-2025. Additionally, the Doppler radar are widely used in ocean surveillance system, space exploration, and air-defense systems.
North America was the dominant region in the Doppler radar market and held a market share of 29.56% in 2018, the dominance in the market share is due to increased military, aerospace, and space exploration activities in the region. The North American military and the air-force are considered to execute some of the most risky operations in the world. Evidently, an efficient and effective radar system is imperative to carry out such operations. Therefore. The eminent need of navigational system breeds the opportunity to apply Doppler radar in such situations, thus, the region witnesses a regular demands for such advance Doppler radars which is thereby supporting the North American Doppler radar market growth.
Doppler
radar Market Outlook:
Applications of Doppler radar has
significantly increased in the aerospace and defense sector; evidently, the
military and defense activities are the major application sector in the Doppler
radar market. As per the report, the military and defense application of the
Doppler radar market is projected to grow at a CAGR of 5.23%, during the
forecast period. Doppler radars possess large application in the automotive
industry. This equipment plays an important role in reducing number of
accidents and providing more secure driving on the roads. This instrument is
not only used in vehicles, but also used to manufacture police speed recording
guns. This device is growing importance since it can be used to measure over-speeding
vehicles which are one of the major contributors to the road accidents. The
traffic police officials in almost all the developing and developed economies
are using this device to detect unethical drivers. The growing application of
these devices are considerately increasing the demands for Doppler radars which
is subsequently increasing the global Doppler radar market revenue.
Doppler
radar Market Growth Drivers
· Military and Defense Activities: Increasing demand for advanced radar systems to replace existing legacy systems in air forces of all around the world, act as a major driving factor for the market growth. Increasing defense and aviation budget globally will aid the driving factor of the Doppler radar market.
· Increased
Instance for Weather Prediction: Majority of weather forecast companies
use Doppler radar for weather forecasting. These radars help to predict the
weather, by analyzing motion of clouds, and determine an upcoming storm or any
other severe weather. Hence, increased application of Doppler radar in weather
forecast will support the global Doppler radar market growth at a considerate
pace in the near future.
Doppler radar Market Trend
Emerging Autonomous Vehicle (AV) and Electric Vehicle (EV) Segment in Automotive Industry: The autonomous vehicle (AV) and electric vehicle (EV) are still an emerging market. This fact states that an efficient navigational system for AV’s and EV’s are the need of the hour. Therefore, the original equipment manufacturers are focusing to integrate a system that analyzes complex scenarios such as sudden navigational change, incorrect direction of commute, irresponsive detection of obstacles, and sudden breakdown of the vehicle during the drive. Consecutively, the correct and precise Doppler radar system is a mandatory commodity to responds to multiple potential hazards. To overcome these challenges, vehicle manufacturers are deploying various radar systems such as such LiDAR and Doppler Radars. To overcome these challenges, vehicle manufacturers are deploying various radar systems such as such LiDAR and Doppler radars. According to evaluation from the International Energy Association, the numbers of EVs running on road will touch 125 million by 2030, which will lead to deployment of a considerate number of Doppler radars, which will further support the Doppler radar market growth.
Doppler
radar Market Companies
The key players involved in the Doppler radar market are investing in R&D activities to gain a step ahead of their competitors. Some of the major players in the Doppler radar market are Lockheed Martin Corporation, Rockwell Collins Inc., Northrop Grumman Corporation, L3 Technologies, Honeywell International, SaaB AB, General Dynamics Corporation, Thales Group, Kelvin Hughes, and Exelis Inc.
Doppler
radar Market Research Scope:
The base year of the study is 2018, with forecast done up to 2025. The study presents a thorough analysis of the competitive landscape, taking into account the market shares of the leading companies. It also provides information on unit shipments. These provide the key market participants with the necessary business intelligence and help them understand the future of the Doppler radar market. The assessment includes the forecast, an overview of the competitive structure, the market shares of the competitors, as well as the market trends, market demands, market drivers, market challenges, and product analysis. The market drivers and restraints have been assessed to fathom their impact over the forecast period. This report further identifies the key opportunities for growth while also detailing the key challenges and possible threats. The Doppler radar market research report also analyses the application of Doppler radar in various sectors such as real estate, small and medium-sized business, and others.
2. Executive Summary
3. Doppler RADAR Market Landscape
3.1. Market Share Analysis
3.2. Comparative Analysis
3.3. Product Benchmarking
3.4. End User Profiling
3.5. Top 5 Financials Analysis
4. Doppler RADAR – Market Forces
4.1. Drivers
4.1.1. Technological advancements
4.1.2. Rise in the demand for economic and security issues
4.1.3. Growing defence budgets of different countries
4.2. Restraints
4.2.1. High cost of space-based RADARS
4.2.2. Adverse climate conditions
4.3. Opportunities
4.3.1. Emerging economies
4.3.2. Territorial conflicts and geopolitical instabilities in Middle East and Asia-Pacific region
4.4. Challenges
4.5. Porter’s Five Forces Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Degree of Competition
5. Doppler RADAR Market, By Type
5.1. Ground Based Doppler RADAR
5.2. Air Borne Doppler RADAR
5.3. Naval Doppler RADAR
5.4. Space Based Doppler RADAR
6. Doppler RADAR Market, By Technology
6.1. Coherent pulsed (CP)
6.2. Pulse-Doppler Radar
6.3. Continuous wave (CW)
6.4. Frequency modulation (FM)
7. Doppler RADAR Market, By Application
7.1. Air Traffic Control
7.2. Antimissile Systems
7.3. Ocean Surveillance Systems
7.4. Space Surveillance
7.5. Aircraft Anti-Collision Systems
7.6. Radar Astronomy
7.7. Air-Defence Systems
7.8. Others
8. Doppler RADAR Market, By End-User
8.1. Military and Defence
8.2. Aviation
8.3. Marine
8.4. Space Industry
9. Global Doppler RADAR Market, By Geography
9.1. Europe
9.1.1. Germany
9.1.2. France
9.1.3. Italy
9.1.4. Spain
9.1.5. Russia
9.1.6. U.K.
9.1.7. Rest of Europe
9.2. Asia Pacific
9.2.1. China
9.2.2. India
9.2.3. Japan
9.2.4. South Korea
9.2.5. Rest of Asia-Pacific
9.3. North America
9.3.1. U.S.
9.3.2. Canada
9.3.3. Mexico
9.4. Rest of the World (RoW)
9.4.1. Brazil
9.4.2. Rest of RoW
10. Doppler RADAR – Market Entropy
10.1. Expansion
10.2. Technological Developments
10.3. Merger & Acquisitions, and Joint Ventures
10.4. Supply- Contract
11. Company Profiles
11.1. Northrop Grumman Corporation
11.1.1. Introduction
11.1.2. Financials
11.1.3. Key Insights
11.1.4. Key Strategy
11.1.5. Product Portfolio
11.1.6. SWOT Analysis
11.2. Lockheed Martin Corporation
11.2.1. Introduction
11.2.2. Financials
11.2.3. Key Insights
11.2.4. Key Strategy
11.2.5. Product Portfolio
11.2.6. SWOT Analysis
11.3. Rockwell Collins Inc.
11.3.1. Introduction
11.3.2. Financials
11.3.3. Key Insights
11.3.4. Key Strategy
11.3.5. Product Portfolio
11.3.6. SWOT Analysis
11.4. L-3 Communications Holdings
11.4.1. Introduction
11.4.2. Financials
11.4.3. Key Insights
11.4.4. Key Strategy
11.4.5. Product Portfolio
11.4.6. SWOT Analysis
11.5. Honeywell International Inc.
11.5.1. Introduction
11.5.2. Financials
11.5.3. Key Insights
11.5.4. Key Strategy
11.5.5. Product Portfolio
11.5.6. SWOT Analysis
11.6. SAAB AB
11.6.1. Introduction
11.6.2. Financials
11.6.3. Key Insights
11.6.4. Key Strategy
11.6.5. Product Portfolio
11.6.6. SWOT Analysis
11.7. Thales Group
11.7.1. Introduction
11.7.2. Financials
11.7.3. Key Insights
11.7.4. Key Strategy
11.7.5. Product Portfolio
11.7.6. SWOT Analysis
11.8. Kelvin Hughes
11.8.1. Introduction
11.8.2. Financials
11.8.3. Key Insights
11.8.4. Key Strategy
11.8.5. Product Portfolio
11.8.6. SWOT Analysis
11.9. General Dynamics Corporation
11.9.1. Introduction
11.9.2. Financials
11.9.3. Key Insights
11.9.4. Key Strategy
11.9.5. Product Portfolio
11.9.6. SWOT Analysis
11.10. Exelis Inc.
11.10.1. Introduction
11.10.2. Financials
11.10.3. Key Insights
11.10.4. Key Strategy
11.10.5. Product Portfolio
11.10.6. SWOT Analysis
*More than 10 Companies are profiled in this Research Report*
"*Financials would be provided on a best efforts basis for private companies"
12. Appendix
12.1. Abbreviations
12.2. Sources
12.3. Research Methodology
12.4. Expert Insights