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Global Airborne Radars Market (2020 to 2025) - Lightweight Radar for Unmanned Aerial Vehicles Presents Opportunities - ResearchAndMarkets.com
April 9, 2021 GMT
DUBLIN (BUSINESS WIRE) Apr 9, 2021
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The global airborne radars market is projected to grow from USD 4.1 billion in 2020 to USD 6 billion by 2025, at a CAGR of 8% from 2020 to 2025.
The market is driven by factors such as the rising demand for phased array radars for better operational efficiency during air surveillance, border surveillance, and commercial applications.
The airborne radars market includes major players Lockheed Martin Corporation (US), Northrop Grumman Corporation (US), Thales Group (France), Hensoldt AG (Germany), Leonardo SPA (Italy), BAE Systems (UK), Israel Aerospace Industries (Israel), Saab AB (Sweden), Aselsan (Turkey), Elbit Systems (Israel) and L3Harris Technologies (US. These players have