The escalation in demand for multi-function object detection system which is used for the surveillance, early warnings, missile control is driving the market growth of radars. Radars equipped with the latest technologies and procures the quality detector equipment and defence vessels which is boosting the market growth.
The Middle East & Africa Radar Systems Market Size:
The Middle East & Africa Radar Systems market is poised to reach the value of $XX billion in 2024 from $XX billion in 2017, growing with the CAGR of XX%. Key points like increased use of radars for uncrewed vehicles, the emergence of modern warfare systems such as electronic warfare and network-centric warfare, increased R&D investments by automotive industry to improve the safety and comfort aspects in vehicles and improved capabilities of radar systems resulting in higher efficiency are driving the market growth. Whereas the facts like high cost incurred in the development of radar systems, government rules and regulations related to bandwidth allocation for commercial applications and system vulnerability due to electromagnetic jamming of sensors and noise interruption are hampering the market growth. The market has opportunities like the development of autonomous vehicle technology and development of low-cost and miniaturised radars.
The Middle East & Africa Radar Systems Market Share:
The market is segmented as by component, by range, by technology, by application and by geography. By the component, the market is classified into
Starting from $2700
Starting from $2700
Starting from $2700
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