Doppler Radar Market – Key Insights, Top Vendors, Key Challenges, Drivers, Forecast to 2023

Automotive Firms to Initiate a New Era for Doppler Radar Market

Pune, India - July 8, 2019 /MarketersMedia/ —

Overview:

Doppler radar is a type of radar that is used to measure movement of particles. It can gauge the specifications of even the tiniest ones by using the doppler effect. The global doppler radar market is expected to register 4.20% CAGR with an eye on a valuation of USD 9,984 million during the forecast period (2018-2023). Market Research Future (MRFR) in their latest report made a claim regarding possibilities for this market to overcome its hindrances.

Several factors are expected to provide traction to the global doppler radar market growth. Industries such as military & defense, aviation, space, marine, and others are using this radar to strengthen their surveillance system. At the same time, the meteorological department can also benefit from such an advanced system where it will help in the prediction of weather.

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The automotive sector is also benefitting from the doppler radars as manufacturers are now aiming for technological sophistication and better comfort & security. This can improve doppler radar’s market position.

Segmentation:

MRFR in their report on the global doppler radar market made a segmentation for an extensive study. This segmentation includes type, technology, and end-use industry. This segmentation allows a closer look at the global market for a proper overview.

Based on the type, the global doppler radar market comprises pulse-doppler radar, ground-based doppler radar, naval doppler radar, and airborne doppler radar. The ground-based doppler radar segment has the maximum market coverage, but the naval doppler radar segment can climb high with the fastest CAGR over the 2018-2023 forecast period.
Based on the technology, the doppler radar market includes coherent pulsed, continuous wave, and frequency modulation.

Based on the end-use, the global doppler radar market encompasses military & defense, aviation, space, marine, and others. The aviation segment has the maximum coverage of the market and it is expected to gain substantial mileage in the coming years. The marine application segment of Doppler radar is deemed to receive the highest CAGR during the forecast period.

Regional Analysis:

North America, Latin America, Europe, the Middle East and Africa (MEA), and Asia Pacific (APAC) are five regions that have been included in the region-specific analysis of the global doppler radar market.

North America generates the maximum revenue for the global doppler radar market. The region is winning traction due to the rising investment made in the field from both private and public investors for substantial growth in the technology. Research and development sector is playing a crucial role in the regional market. The presence of the U.S. is boosting the regional market as its defense expenditure is far greater than any other country in the world. Its investment in the technological sector is boosting the global market.

The APAC market is expecting high boosts from the presence of countries like China, India, and South Korea. The region is expected to showcase the fastest CAGR during the forecast period. These countries are making substantial commitments towards improvising their infrastructure and update them as per the necessities.

Competitive Landscape:

Several companies are showing substantial interest in reshaping the global doppler radar market. These companies are Lockheed Martin Corporation (U.S.), Rockwell Collins Inc. (U.S.), SAAB AB (Sweden), L3 Technologies (U.S.), Northrop Grumman Corporation (U.S.), Kelvin Hughes (U.K.), Honeywell International (U.S.), General Dynamics Corporation (U.S.), Thales Group (France), and Exelis (U.S.), and others. MRFR enlisted these companies for a closer look at recent trends. They have profiled latest moves of these companies in terms of innovation, merger, acquisition, collaboration, product launch, and other strategic moves.

In June 2019, Indian Meteorological Department (IMD) announced that their office in the Mumbai is expected to receive more doppler radars for better weather prediction. The city is expecting quick installation of these radars to get accurate forecasts and stay away from any deluge-like situation, that occurred in 2005, when a massive rainfall without any warning caused havoc in the city.

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