Multi Function Mobile Coastal Surveillance Radar System Market to Surpass $ 1.2 Billion by 2024
Increase in defence spending
and growing technological advancements are driving global multi-function mobile
coastal surveillance radar system market through 2024
According to
TechSci Research report, “Global Multi-Function
Mobile Coastal Surveillance Radar System Market By Platform, By Frequency
Band, By End Use, By Region, By Company, Competition, Forecast & Opportunities,
2024”, the global multi-function mobile coastal surveillance radar system
market is forecast to cross $ 1.2 billion by 2024 on account of increasing
incidences of marine conflicts, piracy at the sea, drug and human trafficking through
the waterways. As many countries across the globe are attempting to gain
control over maritime assets like underwater oil reserves and other offshore
resources, traditional geopolitical disputes are gradually exasperating. On the
account of these growing disputes worldwide, the demand for constant and
efficient maritime surveillance is being emphasized by all countries. For
instance, one such prevailing dispute is China’s conflict with its neighbors in
the South China Sea and the Pacific Ocean, which is aiding the demand for multi-function
mobile coastal surveillance radar systems in the South East Asian region to
counter both surface and underwater threats from the enemies by building naval
strengths.
Browse XX market data Tables and XX Figures spread through XX Pages and an in-depth TOC on " Global Multi-Function Mobile Coastal Surveillance Radar System
Market "
https://www.techsciresearch.com/report/multi-function-mobile-coastal-surveillance-radar-system-market/4261.html
Global multi-function
mobile coastal surveillance radar system market can be segmented based on Platform,
Frequency Band, End Use and Region. Considering the End Use, the market can be
segmented into Ports, Harbours and Oil & Gas Vs. Maritime Protection. Maritime
Protection segment is anticipated to witness high traction in the coming years
on account of rising need for border surveillance and requirement of man-portable
radars for battlefield surveillance, terrorism-based activities, among others. Furthermore,
in terms of region, Asia-Pacific is anticipated to witness the highest growth
during the forecast period owing to the presence of established manufacturers
in the region and increasing demand for surveillance radars for border
surveillance, intelligence, and reconnaissance, and modern air defense systems,
among others.
Download sample report @ https://www.techsciresearch.com/sample-report.aspx?cid=4261
Customers can also request for 10% free
customization on this report.
Northrop Grumman, General Electric, Wartsila, Kongsberg Grumman,
Marlink, AST Group, CMR Group, Cummins Inc., Emerson Electric Co., Hyundai
Heavy Industries Co., etc., are the leading players operating in the global
multi-function mobile coastal surveillance radar system market. “Global multi-function
mobile coastal surveillance radar system market is expected to grow at the steady
pace through 2024 that can be attributed to the growing need for 3D air defense
radars, rising demand for drone detection radars, and ongoing military
modernizations, globally. Furthermore, the key players in the market have
shifted their focus towards developing new multi-function mobile coastal
surveillance radars with advanced features such as 3D tracking,
track-while-scan, digital signal processing, and multi-beamforming antennas,
among others, thereby propelling the growth of global multi-function mobile
coastal surveillance radar system.”, said Mr. Karan Chechi, Research Director
with TechSci Research, a research based global management consulting firm.
“Global Multi-Function Mobile Coastal
Surveillance Radar System Market By Platform, By Frequency Band, By End Use, By
Region, By Company, Competition, Forecast & Opportunities, 2024” has evaluated the future growth potential of global multi-function
mobile coastal surveillance radar system market and provides statistics &
information on market size, structure and future market growth. The report
intends to provide cutting-edge market intelligence and help decision makers
take sound investment decisions. Besides, the report also identifies and
analyzes the emerging trends along with essential drivers, challenges and
opportunities in global multi-function mobile coastal surveillance radar system
market.
Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656
Email: [email protected]