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Doppler Radar Market to Touch USD 9,984 Million at 4.20% CAGR by 2030

Sep 29, 2023 3:00 PM ET

Doppler Radar Market to Touch USD 9,984 Million at 4.20% CAGR by 2030

Doppler Radar Market Overview

The global Doppler Radar Market will touch USD 9,984 million at a 4.20% CAGR by 2030, as per the recent Market Research Future report.

Drivers

Increased Weather Prediction Instances to Boost Market Growth

Doppler radar is mostly used by weather forecasting businesses. These radars assist in weather forecasting by analyzing cloud movements and identifying impending storms or other severe weather. So, in the near future, the expansion of the Doppler radar market will be supported by expanded Doppler radar use in weather forecast.

Opportunities

Rising Adoption in Military & Defense Activities to offer Robust Opportunities

Growing need for modern radar systems to replace outdated legacy systems in the air forces all over the world is a key reason in the market’s expansion. Global defense and aviation budget increases will support the market-driver for Doppler radar.

Restraints and Challenges

High Cost to act as Market Restraint

The high cost of Doppler radar, susceptibility to novel jamming techniques, privacy concerns, limited range, and licensing issues may act as market restraints over the forecast period.

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Market Segmentation

The Doppler radar market is bifurcated based on end use, technology, and type.

By type, ground based doppler radar will lead the market over the forecast period.

By technology, the market is bifurcated into frequency modulation, continuous wave, and coherent pulsed.

By end use industry, aviation will domineer the market over the forecast period.

COVID-19 Analysis

Several industries experienced supply chain, production, and demand difficulties in the early phases of the COVID-19 pandemic. Doppler radar sales and manufacturing decreased as a result, especially in industries like aviation and the automobile. On the other side, the epidemic brought home how crucial precise weather predictions are for disaster management. Doppler radar technology was still used by meteorological organizations to forecast and track severe weather, which was especially crucial during the epidemic. During the pandemic, there was a rise in the need for telemedicine & remote healthcare monitoring services. Doppler radar technology may be used into systems for remote healthcare monitoring to monitor patients’ vital signs and mobility.

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Regional Analysis

North America to Head Doppler Radar Market

Due to the United States’ significant position in international military procurement and the growth of technology in allied industries, North America in fact is the region that contributes the most to the worldwide Doppler radar market. Due to the presence of numerous major radar operators in the U.S., the environment for the worldwide Doppler radar market is quite favorable. The United States’ defense spending is also anticipated to increase gradually during the forecast period and is anticipated to prioritize technical innovation, creating promising potential for the Doppler radar market.

Key Players

Eminent industry players profiled in the global Doppler radar market report include Northrop Grumman Corporation (US), Rockwell Collins Inc. (US), Lockheed Martin Corporation (US), L3 Technologies (US), SAAB AB (Sweden), Honeywell International (US), Thales Group (France), General Dynamics Corporation (US), Kelvin Hughes (UK), and Exelis (US), among others.

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NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.

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