PUBLISHER: The Business Research Company | PRODUCT CODE: 1574712
PUBLISHER: The Business Research Company | PRODUCT CODE: 1574712
Doppler radar is a radar system that measures the velocity of objects by analyzing changes in the frequency or wavelength of radar waves reflected off moving targets. This technique enables the radar to detect motion and speed and is used in weather forecasting to track storm systems and in law enforcement to measure vehicle speeds.
The main types of Doppler radar systems include pulse-Doppler radar, ground-based Doppler radar, naval Doppler radar, and airborne Doppler radar. Pulse-Doppler radar combines pulse radar and Doppler radar techniques. Technologies used in these systems include coherent pulsed (CP), continuous wave (CW), and frequency modulation (FM). The primary end-users of Doppler radar systems include military and defense, aviation, space, and marine sectors.
The doppler radar market research report is one of a series of new reports from The Business Research Company that provides doppler radar market statistics, including the doppler radar industry global market size, regional shares, competitors with doppler radar market share, detailed doppler radar market segments, market trends, and opportunities, and any further data you may need to thrive in the doppler radar industry. These doppler radar market research reports deliver a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The doppler radar market size has grown strongly in recent years. It will grow from $7.72 billion in 2023 to $8.28 billion in 2024 at a compound annual growth rate (CAGR) of 7.3%. The growth during the historic period can be attributed to the expansion of automotive safety features, improved safety and security measures, enhanced efficiency and situational awareness, the development of smart cities, and a growing focus on disaster management.
The doppler radar market size is expected to see strong growth in the next few years. It will grow to $11.05 billion in 2028 at a compound annual growth rate (CAGR) of 7.5%. The projected growth during the forecast period is driven by several factors, including a heightened need for accurate weather forecasting, increased aviation safety concerns, and growing investments in defense, surveillance systems, and security. Additionally, the rising demand for remote sensing contributes to this growth. Key trends influencing the market include technological advancements, sustainability efforts, the integration of AI technology in radar manufacturing, a surge in demand for ground-based systems, and ongoing urbanization and infrastructure development.
The growth of the Doppler radar market is anticipated to be driven by increasing military and surveillance expenditures. Military expenditure involves the financial resources allocated by a country to maintain and develop its armed forces and defense measures. This spending is fueled by the need for modernization and infrastructure improvements in defense services. As military budgets expand, they support research, development, and acquisition of advanced radar and surveillance technologies, fostering market growth. For example, the Stockholm International Peace Research Institute reported in 2022 that global military spending reached $1,981 billion in 2020, with the US contributing $778 billion-a 4.4% increase from 2019. Thus, rising military expenditure is propelling the Doppler radar market.
Key players in the Doppler radar market are innovating by incorporating artificial intelligence (AI) to improve radar performance and precision. AI-enhanced Doppler radar systems use machine learning to analyze complex data more effectively, leading to better weather forecasting and real-time threat detection. For instance, in June 2022, Vaisala, a Finnish environmental monitoring company, introduced its C-band weather radar technology. This system provides high-performance weather surveillance, intelligent early warning features, and improved data accuracy through advanced AI algorithms, enhancing the detection of severe weather and offering superior spatial resolution.
In June 2021, Advanced Radar Company, a US-based manufacturer of high-performance radar systems, acquired Radiometrics Corporation for an undisclosed amount. This acquisition aims to boost Advanced Radar Company's capabilities in weather radar technology by integrating Radiometrics' expertise in atmospheric profiling. Radiometrics Corporation specializes in ground-based remote sensors, including terminal and surveillance Doppler weather radars.
Major companies operating in the doppler radar market are Robert Bosch GmbH, DENSO Corporation, Continental AG, Northrop Grumman Corporation, Honeywell International Inc., BAE Systems plc, Thales Group, Collins Aerospace, Leonardo S.p.A., L3Harris Technologies Inc., Infineon Technologies AG, NXP Semiconductors N.V., Autoliv Inc., HELLA GmbH & Co. KGaA, Saab AB, Furuno Electric Co. Ltd., Vaisala Oyj, Telephonics Corporation, Echodyne Corp., Earth Networks Inc., Enterprise Electronics Corporation (EEC), Metek GmbH, GAMIC mbH, EWR Radar Systems Inc., Advanced Radar Company
North America was the largest region in the doppler radar market in 2023. The regions covered in the doppler radar market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the doppler radar market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The doppler radar market consists of revenues earned by entities by providing services such as weather forecasting, air traffic control, military surveillance, and speed enforcement. The market value includes the value of related goods sold by the service provider or included within the service offering. The doppler radar market also includes sales of radar sensors, transmitters, receivers, and signal processors. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Doppler Radar Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on doppler radar market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for doppler radar ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The doppler radar market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
The impact of higher inflation in many countries and the resulting spike in interest rates.
The continued but declining impact of COVID-19 on supply chains and consumption patterns.