Solid State Radar Market Poised for Growth, Expected to Reach at a CAGR of 4.2% by 2026Posted by Tom C on July 25th, 2024 Global solid state radar market report share is projected to reach USD 2.0 billion by 2026; at a CAGR of 4.2% during the forecast period. The key factors fueling the growth of the market include advancements in solid state radar technologies, development of phased-array solid state radar, and increased demand for advanced weather monitoring radar. Additionally, the growing investments across the defense sector in the APAC is expected to create an opportunity for the market. The major players in the solid state radar market are Lockheed Martins (US), Raytheon Technologies (US), Honeywell (US), Thales Group (France), Leonardo (Italy), Elbit Systems (Israel), Garmin (US), Indra (Spain), Wartsila (Finland), and Teledyne Flir (US), Furuno (Japan), Terma (Denmark), Aselsan (Turkey), Tokyo Keiki (Japan), Simrad (Norway), EWR Radar Systems (US), Blighter Surveillance Systems (UK), GEM Elettronica (Italy), Gamic, Hensoldt (Germany), Reutak Radar Systems (South Africa), Japan Radio (Japan), Easat (UK), Lowrance (US), ICS Technologies (Italy). Download PDF: The 3D segment to hold the largest size of solid state radar market by 2026 The non-commercial to account for the largest size of the solid state radar market in 2021. North America in solid state radar market is projected to be the largest market from 2021 to 2026 Like it? Share it!More by this author |