Marine Radar Market Overview, Trends, Growth, Demand, Key Players Analysis and Forecast to 2031 | FURUNO Electric Co., Ltd., Lockheed Martin Corporation, Northrop Grumman Corporation

Global Marine Radar Market report from Global Insight Services is the single authoritative source of intelligence on Marine Radar Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

Radar is an object-detection system that uses radio waves to determine the range, angle, or velocity of objects. It can be used to detect aircraft, ships, spacecraft, and terrain. Marine radar is used to detect and track objects in the maritime environment, including other ships, land masses, icebergs, and weather systems. Marine radar can be used for navigation, to avoid collisions, and to track and predict the movement of storms.

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Key Trends

There are several key trends in marine radar technology.

One is the development of more compact and lightweight radar units. This is important for both recreational and commercial vessels, which are often limited in space.

Another trend is the development of more sophisticated radar units that can provide greater accuracy and more information. This is especially important for commercial vessels, which need to be able to navigate safely and efficiently.

Key Drivers

Some of the key drivers of the Marine Radar market include the increasing need for maritime security, the growing popularity of recreational boating, and the need for efficient navigation in congested waterways. Maritime radar is used extensively by coast guards and navies around the world to monitor shipping traffic and protect coastal areas from potential threats. The recreational boating market is also a major driver of the Marine Radar market, as boaters increasingly demand navigational aids that can help them safely navigate crowded waterways.

Market Segments

By Type

  • S Band
  • X Band

 By Application

  • Fishing Vessel
  • Merchant Marine
  • Military Naval

By Region

  • North America
    • The U.S.

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Key Players
  • FURUNO Electric Co., Ltd.
  •  Lockheed Martin Corporation
  • Northrop Grumman Corporation
  • Raytheon Company
  • Saab AB
  • Japan Radio Co. Ltd
  • BAE Systems

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