Electronically Scanned Array Market Overview

The global electronically scanned array market was valued in 2021 at USD 12.15 billion and will grow at a 7% CAGR by 2030, as per the recent Market Research Future report.

Drivers 

Increasing Adoption in Naval Sector to Boost Market Growth 

The naval industry is anticipated to see the most encouraging growth in the upcoming years. Naval radars are widely employed to monitor and detect naval activity. Locating offshore patrol vessels, warships, submarines, and other military vessels is the main purpose of naval-based radar systems. Naval radar-based systems are also widely utilized for missile defense and ammo detection.

Free Sample Report @ https://www.marketresearchfuture.com/sample_request/6734

Key Players 

Eminent industry players profiled in the global electronically scanned array market report include Northrop Grumman (US), Lockheed Martin (US), Leonardo-Finmeccanica (Italy), Saab AB (Sweden), Raytheon (US), RADA Electronic Industries (Israel), Thales Group (France), Israel Aerospace Industries (Israel), Toshiba (Japan), and Defence Research and Development Organization (India), among others.

Opportunities 

Advances in Radar Technology to offer Robust Opportunities 

Electronics and semiconductor technology is constantly improving, which has improved the cost, effectiveness, and dependability of ESA systems. The market for ESA systems has grown to cover commercial and civic applications in addition to conventional military ones because of advancements like the incorporation of ML & AI algorithms in the radar systems.

Restraints and Challenges 

High Development Costs to act as Market Restraint 

The high development costs and long-time taken for replacing radar systems may act as market restraints over the forecast period. Besides, the COVID-19 impact may also impede market growth.

Full Report @ https://www.marketresearchfuture.com/reports/electronically-scanned-array-market-6734

Market Segmentation 

The global electronically scanned array market has been bifurcated based on type, range, and end use.

By type, active will lead the market over the forecast period.

By range, long will domineer the market over the forecast period.

By end use, airborne will spearhead the market over the forecast period.

Regional Analysis 

Related Reports

Nano and Micro Satellite Market Research Report Information by Component (Hardware, Software Data Processing, Service and Launch Service), Mass (1 kg-10 kg and 11 kg-100 kg),Application (Earth Observation and Remote Sensing, Scientific Research, Communication, Academic Training, Mapping and Navigation, Biological Experiment, Technology Demonstration and Verification and Reconnaissance), End User (Defense, Commercial, Civil, Government, Maritime Transportation and Energy Infrastructure) and Region (North America, Europe, Asia-Pacific, Middle, Market Forecast Till 2030

Satellite Manufacturing And Launch Market Research Report Information By Application (Military, Commercial, and Government), By End-User (Weather Forecast, Internet Services and Navigation), And By Region (Europe, Asia-Pacific, North America, And Rest Of The World) – Market Forecast Till 2030

Remote Sensing Satellite Market Research Report Information By System (SATCOM, Radar, EO/IR, Others), By Application (Earth Observation, Telecommunication, Meteorology, Mapping & Navigation, Others), By End-User (Defense, Commercial) And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) –Market Forecast Till 2032.

About Market Research Future:

Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis with regard to diverse markets and consumers worldwide.

Market Research Future has the distinguished objective of providing the optimal quality research and granular research to clients.

Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.

Tags: Electronically Scanned Array Radar Market, Electronically Scanned Array Market, Active Electronically Scanned Array, Passive Electronically Scanned Array, Electronically Scanned Array Antenna, Electronically Scanned Array System