Airborne Fire Control Radar Market Forecasts to 2028 – Global Analysis By Platform (Combat Helicopter, UAV), Application (Air To Air, Air To Ground), End User (Attacker, Bomber), Channel (Direct, Indirect) and By Geography
According to Stratistics MRC, the Global Airborne Fire Control Radar Market is accounted for $3,200.49 million in 2020 and is expected to reach $5,062.73 million by 2028 growing at a CAGR of 5.9% during the forecast period. The rise in military spending across developing as well as developed countries for airborne infrastructure and adoption of active electronically scanned array (AESA)-based systems are driving the market growth. However, the increase in cyber warfare and the incapability of radar to detect stealth technologies are hampering the growth of the market.
The airborne fire control radar is precisely designed radar to deliver information to the fire control systems for the calculation of the firing solution. The emission of the radio waves from the airborne fire control radars is narrow which confirms the accuracy of the firing information and it also upholds the track of the target. The manufacturers of airborne fire control radar have established a track while scan capability, which enables them to function together as fire control radar and search radar at the same time. This advancement has raised the acceptance rate of airborne fire control radars between the defense forces in developed and developing nations.
Based on the platform, the fighter jets segment is going to have lucrative growth during the forecast period. This is due to the growing deliveries of fighter jets armed with advanced radar systems to discover ground targets. By geography, North America is going to have high growth during the forecast period. This is attributable to the existence of established airborne fire control radar manufacturers such as Lock Head Martin Corporation, Raytheon Technologies Corporation, and Northrop Grumman Corporation in the region.
Some of the key players profiled in the Airborne Fire Control Radar Market include Airbus Group, BAE Systems PLC, Finmeccanica Spa, General Dynamics Corporation, Harris, Israel Aerospace Industries Ltd, Leonardo, Leonardo-Finmeccanica, Lockheed Martin Corporation, Northrop Grumman Corporation, Raytheon Company, Reutech Radar Systems, Rockwell Collins, Saab AB and Thales Group.
Estimated Market Size in 2020:
USD 3,200.49 million
Compound Annual Growth Rate (CAGR) from 2020 to 2028:
Predicted 2028 Value:
USD 5,062.73 million
Tables, Graphs& Figures
Frequency Brand, Platform, Application, End User, Sales Channel and Region
Core Drivers and Opportunities:
Restraining Factors & Market Threats:
Frequency Bands Covered:
• L & S-Band
• Combat Helicopter
• Military Fighter Jets
• Special Mission Aircraft
• Unmanned Aerial Vehicle (UAV)
• Air To Air
• Air To Ground
• Air To Sea
End Users Covered:
Sales Channels Covered:
• Direct Marketing
• Indirect Marketing
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025 and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Key Questions Answered In The Report
The Global Airborne Fire Control Radar Market is majorly driven by the rise in military spending across developing countries for airborne infrastructure and adoption of active electronically scanned array (AESA)-based systems.
The fighter jets segment is growing at a highest CAGR owing due to the growing deliveries of fighter jets armed with advanced radar systems to discover ground targets.
Asia Pacific dominated with a significant market share due to the factors such as the growing demand for combat helicopters and UAVs from emerging economies such as China and India.
North America market is growing at a highest CAGR owing to the existence of established airborne fire control radar manufacturers which can be majorly seen in region such as US.
Key players in Airborne Fire Control Radar Market include Airbus Group, BAE Systems PLC, Finmeccanica Spa, General Dynamics Corporation, Harris, Israel Aerospace Industries Ltd, Leonardo, Leonardo-Finmeccanica, Lockheed Martin Corporation, Northrop Grumman Corporation, Raytheon Company, Reutech Radar Systems, Rockwell Collins, Saab AB and Thales Group.
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