Electronically Scanned Array Market Size, Trends, Shares, and Forecast - 2031

MARKET INTRODUCTION

An electronically scanned array is a phased array that is an array of antennas that generates radio wave beams and rays. The emitted waves are navigated in the desired direction to a precise point without physically moving the antennas. This scanned arrays used in defense radar systems to scan radar beams and detect planes and missiles. Furthermore, the rising preference for technologically advanced system and integration of electronically scanned array into radar systems are the some of the major driving factors for the market growth.

MARKET DYNAMICS

The market is expected to grow in the defense sectors due to its rising applications in the detection and location of unidentified objects. Nevertheless, the high development costs of radar systems are hindering the growth of the global electronically scanned array market. Furthermore, due to growth in defense budgets of numerous emerging economies such as India and China has also created ample opportunities for an electronically scanned array market.

MARKET SCOPE

The "Global Electronically Scanned Array Market Analysis to 2031" is a specialized and in-depth study with a special focus on the global market trend analysis. The report aims to provide an overview of the global electronically scanned array market with detailed market segmentation by type, platform, component, and geography. The global electronically scanned array market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading electronically scanned array market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global electronically scanned array market is segmented on the type, platform, and component. On the basis of type, the electronically scanned array market is segmented active electronically scanned array and passive electronically scanned array. On the basis of platform, the electronically scanned array market is segmented into land, naval, and airborne. On the basis of component, the electronically scanned array market is segmented into radar data processor, transmit receive module, cooling system, and others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global electronically scanned array market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The electronically scanned array market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of eighteen countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the electronically scanned array market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive Porter's Five Forces Analysis on a global scenario.

MARKET PLAYERS

The reports cover key developments in the electronically scanned array market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from electronically scanned array market are anticipated to lucrative growth opportunities in the future with the rising demand for aerospace bearings in the global market. Below mentioned is the list of few companies engaged in the electronically scanned array market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the electronically scanned array market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the key development in the past five years.

•  Israel Aerospace Industries Ltd.
•  Leonardo S.p.A
•  Lockheed Martin Corporation
•  Northrop Grumman Corporation
•  Rada Electronic Industries Ltd.
•  Rohde & Schwarz, Inc.
•  Saab AB
•  SI2 Technologies
•  Thales Group
•  The Raytheon Company

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Electronically Scanned Array Report Scope