The global ocean surface radar market is segmented based on technology type, application, range, company and region. Based on technology type, the market can be bifurcated into pulsed and continuous wave (CW). The pulsed type dominates the market owing to their widespread use by navy, coastal guards, among others. Additionally, they can detect more than one target at a time which is not possible in case of continuous wave. Based on application, the market can be divided into defence and commercial. The defence segment dominates the market since ocean radars are majorly used for security and surveillance purposes.
Regionally, the ocean surface radar market has been segmented into Asia-Pacific, North America, South America, Europe, and Middle East & Africa. Among these regions, Asia-Pacific dominates the overall ocean surface radar market owing to the presence of established manufacturers in the region.
The major players operating in the ocean surface radar market are Furuno Electric Co., Ltd., Lockheed Martin Corporation, Northrop Grumman Corporation, Raytheon Company, Saab AB, Japan Radio Co. Ltd., BAE Systems plc, Raymarine Inc, Terma A/S, Kelvin Hughes Limited and others. Major companies are developing advanced technologies and launching new products in order to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new product developments.
Years considered for this report
Historical Years2014-2017
Base Year2018
Estimated Year2019
Forecast Period2020–2024
Objective of the Study
- To analyze and forecast the market size of global
ocean surface radar market.
- To classify and forecast global ocean surface
radar market based on technology type, application, range, company and
regional distribution.
- To identify drivers and challenges for global
ocean surface radar market.
- To examine competitive developments such as
expansions, new product launches, mergers & acquisitions, etc., in global
ocean surface radar market.
- To conduct pricing analysis for global ocean
surface radar market.
- To identify and analyze the profile of leading
players operating in global ocean surface radar market.
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MIR performed both primary as well as exhaustive secondary research for this study. Initially, MIR sourced a list of manufacturers across the globe. Subsequently, MIR conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, MIR could include the manufacturers which could not be identified due to the limitations of secondary research. MIR analyzed the manufacturers, distribution channels and presence of all major players across the globe.
MIR calculated the market size of
Key Target Audience
- Ocean surface radar manufacturers
and suppliers
- Market research and
consulting firms
- Government bodies such as
regulating authorities and policy makers
- Organizations, forums and
alliances related to ocean surface radar
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
