3D Radar Market To Reach US$ 5.17 Billion With A 18.72% CAGR By 2030
The Global 3D Radar market was estimated at USD 1.31 billion in 2022 and is anticipated to reach USD 5.17 billion by 2030, growing at a CAGR of 18.72%.
The research report includes primary data up to 2023 as well as forecast data including data up to 2030. This information helps market participants to improve their position in the market. The market research report provides all views of Eco Wall and suggests a business venture approach for people interested in the 3D Radar market, which will help them to strengthen their position within the market.
Radar is known as the radio detection and ranging system and the 3D radars are the reformed version of 2D radars. The 3D radar has diverse applications such weather monitoring and as defence and surveillance which drives the market growth of 3D Radar. Rise in miniaturization of 3D radars are projected to provide remunerative opportunities for the 3D Radar market in the upcoming years.
Key companies in 3D Radar Market:
Airbus S.A.S. (US),Northrop Grumman Corporation,Thales Group (US),BAE Systems (UK),Raytheon Technologies Corporation (US),Saab AB(Sweden),Leonardo S.p.A. (Italy),ASELSAN A. (Turkey),L3Harris Technologies Inc. (Florida),Rheinmetall AG (Germany),ELTA Systems Ltd. (Israel),Honeywell International Inc (US) and other major players.
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