X Band Radar Market
X-Band Radar Market Size And Forecast
According to Verified Market Research, the Global X-Band Radar Market was valued at USD 4.64 Billion in 2018 and is projected to reach USD 6.02 Billion by 2026, growing at a CAGR of 3.3% from 2019 to 2026.
Global X-Band Radar Market Outlook
The growing need for the aviation safety gives tremendous rise to drive the x-band radar market. In addition, the increasing utilization of the weather and climate forecasting imposing positive factor on the market growth. Moreover, some other factor anticipates the growth of the market are revolution of electronic and network centric warfare, the adaption of the radar in response to the replacement of legacy system, and others. However, the huge cost associated with the system is the factor may restrict the market growth.
Global X-Band Radar Market Competitive Landscape
The Global X-Band Radar Market study report will provide a valuable insight with an emphasis on global market including some of the major players such as Israel Aerospace Industries, Northrop Grumman Corporation, Terma A/s, Japan Radio Company Limited, Raytheon Company, Saab AB, Furuno Electric Co. Ltd., Thales-Raytheon Systems, Selex ES S.p.A., and Kelvin Hughes Limited.
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