The global airborne fire control radar market size was US$ 2653.7 million in 2021. The global airborne fire control radar market size is forecast to reach US$ 4,555.09 million by 2030, growing at a compound annual growth rate (CAGR) of 6.18% during the forecast period from 2022 to 2030.
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Airborne fire control radars (AFCRs) are long-range detection systems used to intercept, track, and attack hostile air-to-air and air-to-ground targets. They are lightweight and compact and can integrate with missiles, guns, and rockets on fast strike aircraft and helicopters. They use low-pulse repetition frequency (LPRF) systems to instigate the doppler frequency to detect changes in the range of moving targets. The radars detect the target location and process the data to determine the trajectory and position of the target. In addition, AFCRs assist in navigating around fixed or moving targets and generate collision warnings to prevent large aircraft from colliding. It allows these radars to use in terms of detection, search, surveillance, weapon guidance, and navigation.
Factors Influencing Market Growth
A rise in the number of fighter jets, a surge in military expenditure, and increased usage of active electronically scanned array (AESA) technology are driving the global airborne fire control radar market.
The high maintenance costs may slow down the overall market growth.
Technological advancement and an increase in the demand for solutions to territorial conflicts from emerging economies will provide growth opportunities for the global market during the forecast period.
Impact Analysis of COVID-19
COVID-19 has caused supply-chain disruptions that have led to the cancellation of new aircraft orders. In addition, few aircraft manufacturers have faced production halts. The COVID-19 pandemic led to a delay in developing airborne fire control radars, an inability for key players to operate, the cancellation of contracts, and the shortage of parts. Regulations relating to the import and export of goods have led to shortages of components, subsystems, and electronic systems, resulting in manufacturing delays. In the wake of the pandemic, manufacturers faced revenue crunches and increased maintenance costs.
Regional Insights
The Asia Pacific region is forecast to experience significant growth during the forecast period. Due to the increased purchase of fifth-generation fighter jets in China and the growth of demand for combat helicopters & UAVs from emerging economies such as India & China. For example, the Indian Defense ministry approved a deal in 2020 to purchase MiG-29 jet jets for the Indian Air Force in order to upgrade 59 existing MiG-29 jet jets in the IAF’s inventory.
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Leading Competitors
The leading prominent companies profiled in the global airborne fire control radar market are:
Bharat Electronics Limited
Hensoldt AG
Israel Aerospace Industries
Leonardo S.p.A.
Lockheed Martin Corporation
BAE Systems Plc
Northrop Grumman Corporation
Raytheon Technologies Corporation
Saab AB
Thales Group
Other Prominent Players
The report furnishes an intricate comprehension of each segment, delivering potential estimations for principal applications and insights into emerging prospects. Every regional market is meticulously scrutinized to ascertain its potential for growth, development, and demand in the forthcoming years.
As of the end of 2022, the Airborne Fire Control Radar industry experienced notable growth in its workforce. Starting in January, employment within the Airborne Fire Control Radar sector exceeded its pre-COVID levels, resulting in an expansion of payrolls by over 15,000 employees throughout the course of the year. The global Airborne Fire Control Radar output demonstrated a remarkable increase of 5.2% during 2021, primarily attributed to a widespread economic upswing and a surge in demand for commodities. However, the momentum shifted in 2022, with the global industrial sector’s production contracting. This reversal followed a robust expansion in 2021, fueled by altered consumer spending patterns and substantial fiscal support.
Forecasts indicate that the global Airborne Fire Control Radar output is set to rise by approximately 2.9% in 2023. This projection is underpinned by the gradual recovery of production in Western Europe from its previous troughs, as well as a rebound in output across the Asia/Pacific region. Maintaining its dominant position, China, accounting for nearly 45% of the global Airborne Fire Control Radar market, remains both its largest producer and consumer. Remarkably, China’s market share has surged since 2010, when it stood at around 26%. This ascent has led to a substantial contribution to the nation’s GDP. Notably excelling as a top exporter, China leads in various sectors, including silicon, PVC, and several specific segments of the Airborne Fire Control Radar market.
Scope of the Report
The global airborne fire control radar market segmentation focuses on Frequency Band, Platform, Application, and Region.
Segmentation based on Frequency Band
L and S-Band
X-Band
Ku/K/Ka-Band
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Segmentation based on Platform
Fighter Jets
Combat Helicopters
Others
Segmentation based on Application
Air To Ground
Air To Sea
Air To Air
Segmentation based on Region
North America
The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Brazil
Argentina
Rest of South America
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Table of Contents:
Chapter 1: Introduction to the Global Airborne Fire Control Radar Industry
Chapter 3: Dynamics of the Market
Chapter 4: Profiles of Leading Companies
Chapter 5: Competition in the Global Airborne Fire Control Radar Market among Players
Chapter 6: Market Size across Global Regions
Chapter 7: Application Segments in the Global Market
Chapter 8: Segment Analysis of the Global Airborne Fire Control Radar Industry
Chapter 9: Market Chain, Sourcing Strategies, and Downstream Buyers
Chapter 10: Strategies and Key Policies by Distributors/Suppliers/Traders
Chapter 11: In-depth Analysis of Key Marketing Strategies by Market Vendors
Chapter 12: Evaluation of Market Impact Factors
Chapter 13: Forecasted Global Airborne Fire Control Radar Market Size (2023-2031)
Reasons to Acquire This Report
(A) This research imparts invaluable insights tailored for senior management, policymakers, industry professionals, product innovators, sales executives, and stakeholders within the market. It equips them with the information needed to make well-informed decisions and craft effective strategies.
(B) The report delivers a comprehensive analysis of global, regional, and country-level Airborne Fire Control Radar market revenues, extending projections until 2030. This dataset empowers companies to gauge their market presence, recognize avenues for growth, and explore emerging markets.
(C) Through meticulous segmentation of the Airborne Fire Control Radar market encompassing types, applications, technologies, and end-uses, this study empowers leaders to blueprint their products and allocate resources based on the projected growth trajectories of each segment.
(D) Investors stand to gain from the market analysis by gaining insights into market scope, positioning, key drivers, challenges, limitations, expansion prospects, and potential risks. Armed with this knowledge, they can make well-considered investment choices.
(E) The report conducts an intricate analysis of competitors, unraveling their pivotal strategies and market positioning. This intelligence equips businesses with a profound understanding of the competitive landscape, enabling them to chart their own strategies accordingly.
(F) The study facilitates the assessment of Airborne Fire Control Radar business projections delineated by region, key countries, and prominent companies, bestowing invaluable information for investment strategizing and decision-making.
Why is our study consequential?
Our study holds paramount importance for various reasons, a few of which include:
* Assisting businesses in gauging the viability of new or existing products or services.
* Facilitating business enterprises in the identification and cultivation of novel market segments.
* Providing a preemptive understanding of consumer demand prior to introducing new products, services, or features.
* Enhancing the overall efficacy of marketing, advertising, and promotional initiatives.
* Analyzing market trends to aid businesses in devising adaptive strategies.
* Guiding businesses in the optimal placement of their products.
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