3D radar can be defined as the three-dimensional radar providing elevation information with range and azimuth. These radar are used across various applications, such as airports, weather monitoring, defense, and surveillance.
The 3D Radar Market vendors are placed into 4 categories based on their performance and reviews in each criterion: “visionary leaders,” “innovators,” “dynamic differentiators,” and “emerging companies".
Vendors that fall under this category generally receive high scores for most of the evaluation criteria. They have well-established product portfolios with strong market presence. They provide reputed products and services. They also have strong business strategies to strengthen their position in the 3D radar market.
Dynamic differentiators are well-established vendors with strong business strategies. However, they have weaker product portfolios as compared to their competitors. They generally focus on a specific type of technology-related to a particular product.
Innovators are the vendors that have demonstrated substantial product innovations as compared to their competitors. They have an extensive product portfolio. However, they do not have strong growth strategies for their overall business.
Emerging companies are the vendors with niche product offerings, who have started to gain their foothold in the 3D radar market. They do not have strong business strategies as compared to other established vendors. They might be new entrants and may require some time before gaining significant traction in the market. North America is estimated to account for the largest share of the 3D radar market. The US is anticipated to lead the 3D radar market in North America. Several manufacturers of 3D radar and suppliers of radar system components are based in North America. The increased demand for radar systems that are utilized for surveillance activities is anticipated to drive the growth of the 3D radar market in North America. In addition, the military forces of the US are currently involved in replacing its legacy radar systems with highly advanced 3D radar systems. Thus, the development of advanced 3D radar systems is one of the most significant factors driving the growth of the 3D radar market in the North American region. 3D radar is mainly utilized for surveillance purposes across ground and naval platforms. In addition, airborne and space-based 3D radar are also utilized in various applications, such as wide area search, target tracking, and fire control. Advances in radio frequency technology and the need to ensure quick identification of targets have propelled key investments in the 3D radar market in North America. Currently, radar serves to be an integral part of defence equipment, such as fighter aircraft, helicopters, naval vessels, armoured vehicles, and UAVs. Thus, the increased demand for defence equipment has contributed to the growth of the 3D radar market in North America. Europe is estimated to hold the second largest share of the 3D radar market. The UK, Germany, France, Russia, and Rest of Europe are considered for market analysis in the European region. The increased demand for 3D radar from the defence sector in Europe is one of the most significant factors anticipated to drive the growth of the 3D radar market in this region. The European Aviation Safety Agency (EASA) certified the upgrade of IntuVue 3D weather radar that provides pilots with timely information related to adverse weather conditions. Such worthy developments in the field of 3D radar have contributed to the growth of the 3D radar market in Europe. Asia Pacific is estimated to account for the third largest share 3D radar market. China, India, Japan and Rest of Asia Pacific are considered for market analysis in the Asia Pacific region. Countries in the Asia Pacific region are involved in the upgrade of their defense equipment, such as 3D radar, to enhance their surveillance capabilities. Japan and India are increasingly investing in the development of advanced 3D radar systems to enhance homeland security and coastal surveillance as well as improve weather detection capabilities. Thus, ongoing developments in the field of 3D radar have provided lucrative growth opportunities to manufacturers of 3D radar in the Asia Pacific region. Moreover, the growing demand for 3D radar systems in this region can be attributed to territorial disputes in countries, such as China, North Korea, India, Pakistan, and Afghanistan. In addition, increased military budgets and deployment of defense systems, such as X-band radar, at military bases have further contributed to the growth of the 3D radar market in the Asia Pacific region.