Saudi Arabia long-range radar systems market is
expected to grow during the forecast period owing to significant factors such
as increase in the demand for radar systems in automotive and defense
industries, advancement in radar technology, and increase in territorial
battles. However, adverse climatic conditions result in malfunctioning of
long-range radar systems, which acts as a major restraint of the Saudi Arabia
long-range radar systems market.
Long-range radar system uses range radar systems for
detection of objects with the use of radio signal and echo waves. Signal
recognizes any suspected objects by capturing waves that hit an object and
comes back to the system for confirmation.
Saudi Arabia Long-Range Radar Systems Market: Drivers
& Trends
Increasing Demand from the Defense Sector:
The purpose of long-range radar systems is to provide
the military a complete view of their surrounding from both land and water. An
even more complete picture of prospective dangers is possible because of the
additional information that the long-range coastal radars give that would
otherwise be challenging to gather. The Saudi Arabian Government (SAG) is
anticipated to invest more than USD 20 billion in the military sector during
the following ten years, according to the governor of the General Authority
for Military Industries (GAMI), who provided this information in February 2021.
The general defence industry will get half of this sum, while research and
development (R&D) will receive the remaining half. By 2030, the Kingdom
also intends to boost military R&D expenditures from 0.2% to about 4% of
arms budget. Additionally, GAMI, in partnership with Original Equipment
Manufacturers, has committed to develop the Kingdom’s defense sector by
securing the transfer of technology and development to local manufactures and
by building local capabilities and talent. GAMI has also partnered with various
Saudi Universities to support its military R&D initiatives and to develop
its human capital potential in this area. Therefore, with the Kingdom’s
increasing focus on developing their defense sector, the demand for long-range
radar systems is likely to proliferate in the coming years.
Technological Advancements in Long-Range Radar
Systems:
The range of applications for radars is huge in every
field, and the potential for future developments is immense. Recent
breakthroughs in radar technology combined with the demand for compact,
affordable, and high precision radar for military and commercial applications,
has led to a renaissance in the methods and use of radar. Many of the upcoming
sectors of technology growth, namely autonomous vehicles, unmanned aerial
vehicles (UAV), and various commercial/civilian applications rely upon solid-state
radar and new methods of fabrication and programming. This resurgence is a
by-product of escalating advancements in radar, stealth, and jamming
technologies for defense that is driving long-range radar systems into
obsolescence. A wide accessibility to sophisticated digital-signal processing
(DSP), agile RF transceivers, and cutting-edge antenna techniques is fuelling
this accelerating change.
The most recent radar systems are also intricately
interwoven collections of digital, analogue, and RF/microwave devices that are
managed and interpreted by highly developed computer systems. SDR technology is
used in Wi-Fi routers, smart phones, vehicles, cellular base stations, and most
current radar systems. As a result, the need for long-range radar systems from
a variety of end users, including the military, law enforcement, and commercial
sectors, is projected to rise throughout the kingdom of Saudi Arabia.
Development of New Products and Technology in Long
Range Radar:
Long-range radar system development is accelerated by
the creation of new goods. The Government of Saudi Arabia has invested in the
radar industry to support communication and upcoming space missions. The
development of next-generation radar sensors, which offer a 360-degree surround
view that is extremely important for naval operations at sea, is a focus for
top radar manufacturers. As a result, the demand from the defense sector for
multi-functional radar systems is exponentially growing. Teams have begun
long-range radar system R&D as a result of the rising demand, which has
also increased the need for radar systems across the nation and for the armed
forces.
Increasing Demand for Phased Array Radar Systems:
Phased-array radar systems offer accurate mapping of
terrains as they are equipped with a large number of small radiating elements
in the phased array antennas that are present in them. These specialized
antennas can focus the radar’s radiation into high-energy pencil beams, which
can be guided electronically without the need for physical movement of the
antenna structure. Phased-array antennas have an advantage over parabolic
antennas, as radar using them can schedule the transmission and reception beams
according to specific operational modes. These modes include low beams for
long-range detection, multi-pulse beams for detection in clutter, and high
beams for ballistic missile warning. Moreover, solid state phased radars are
capable of detecting, classifying, tracking, and determining the location of a
target. Thus, the demand for long-range radar using phased-array antennas is
one of the key factors expected to drive the growth of the Saudi Arabia
long-range radar systems market in the coming years.
Increasing Demand for Long-Range Radar Systems in the
Automotive Industry:
The rising need for long-range radar systems, which
are widely utilized in passenger cars and other types of transportation, is one
of the key drivers influencing the market. This tool allows the driver to
locate obstacles up to 250 yards away from the vehicle. Along with lane
changes, cruise control, which modifies speed to maintain a safe distance from
vehicles in front, and collision warning, which warns the driver of impending
dangers, radar technology is also incorporated into automobiles. Thus,
long-range radar systems are significant contributors to the market expansion
of air defence, anti-missile, and aircraft anti-collision systems. Furthermore,
increase in air traffic and water transport has led to a rise in the number of
units of ships and aircraft, which has elevated the demand for radar systems.
Furthermore, factors such as economic growth, increasing demand for passenger
vehicles, and rising concerns about the vehicle & driver safety are
expected to augment the growth of the long-range radar systems market in the
coming years.
Saudi Arabia Long-Range Radar Systems Market:
Challenges
High Capital Investment:
High cost incurred in the development, installation,
and maintenance of radar systems are projected to inhibit the growth of the
market. The requirement of high capital investments for the development of
advanced long-range radar systems may also led to increase the cost of
long-range radar systems. In addition, as warfare technologies evolve, military
products become more versatile and advanced. However, the high-cost of military
man-portable long-range radar systems may have deterred impact on the Saudi
Arabia long-range radar market. In addition, radar system consists of
equipment’s including the sensors in a single system, which further increase
the complexity and cost of production. Therefore, high initial manufacturing
cost coupled with maintenance cost restrains the growth of the Saudi Arabia
long-range radar system market.
COVID-19 Impact analysis:
The overall effect of COVID-19 pandemic is affecting
long-range radar system production is done in a number of different businesses.
The whole manufacturing process suffered in 2020 as a result of the Saudi
government's announcement of a total lockdown and a temporary suspension of
industries, which hindered the expansion of the long-range radar system market
as a whole. The outbreak of COVID-19 is having an impact on society and the
overall economy of the country. As a result, there was uncertainty on the stock
market, a drop in corporate confidence, a considerable slowdown in the supply
chain, and an increase in customer segment anxiety. Saudi Arabia, which is
under lockdown during the COVID pandemic, had seen a considerable loss in
income as a result of the shutdown of industrial facilities in the country. The
COVID-19 pandemic had a significant influence on the operations of the
production and manufacturing sectors, which restricted the growth of the Saudi
Arabia long-range radar systems market in 2020.
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Market Segments
The Saudi Arabia long-range radar systems market is
segmented into component, technology, end user, and region. Based on component,
the market is segmented into antenna, transmitter, and receiver. Based on
technology, the market is segmented into pulsed radar and continuous wave (CW)
radar. Based on end user, the market is segmented into airborne, ground-based,
and naval. Based on region, the market is segmented into northern &
central, eastern, western, and southern.
Market Players
Saudi Arabia Long-Range Radar Systems Market players
include Airbus SE, BAE Systems Saudi Arabia, Leonardo Saudi Ltd, Lockheed
Martin Corporation, Northrop Grumman Corporation, Raytheon Saudi Arabia,
Rheinmetall Electronics GmbH, Thales Group, HENSOLDT Holding Germany GmbH, and
Honeywell Turki Arabia Ltd.
|
Attribute
|
Details
|
|
Base Year
|
2022
|
|
Historic Data
|
2018
– 2022
|
|
Estimated Year
|
2023
|
|
Forecast Period
|
2024
– 2028
|
|
Quantitative Units
|
Revenue in USD Million and CAGR for 2018-2022 and 2023-2028
|
|
Report coverage
|
Revenue
forecast, company share, growth factors, and trends
|
|
Segments covered
|
Component
Technology
End User
Region
|
|
Regional Scope
|
Northern
& Central
Eastern
Western
Southern
|
|
Key companies profiled
|
Airbus SE, BAE
Systems Saudi Arabia, Leonardo Saudi Ltd, Lockheed Martin Corporation,
Northrop Grumman Corporation, Raytheon Saudi Arabia, Rheinmetall Electronics
GmbH, Thales Group, HENSOLDT Holding Germany GmbH, and Honeywell Turki Arabia
Ltd.
|
|
Customization scope
|
10%
free report customization with purchase. Addition or alteration to country, regional
& segment scope.
|
|
Pricing and purchase options
|
Avail customized purchase options to meet your exact research needs.
Explore purchase options
|
|
Delivery Format
|
PDF
and Excel through Email (We can also provide the editable version of the report
in PPT/Word format on special request)
|
Report Scope:
In this report, the Saudi Arabia long-range radar systems market has
been segmented into following categories, in addition to the industry trends
which have also been detailed below:
- Saudi
Arabia Long-Range Radar Systems Market, By Component:
o
Antenna
o
Transmitter
o
Receiver
- Saudi
Arabia Long-Range Radar Systems Market, By Technology:
o
Pulsed Radar
o
Continuous Wave (CW) Radar
- Saudi
Arabia Long-Range Radar Systems Market, By End User:
o
Airborne
o
Ground-Based
o
Naval
- Saudi
Arabia Long-Range Radar Systems Market, By Region:
o
Western
o
Eastern
o
Southern
o
Northern & Central
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in
the Saudi Arabia long-range radar systems market.
Available Customizations:
With the given market data, TechSci Research offers customizations
according to a company’s specific needs. The following customization options
are available for the report:
Company Information
- Detailed
analysis and profiling of additional market players (up to five).
Saudi Arabia long-range radar systems market is an upcoming report to be
released soon. If you wish an early delivery of this report or want to confirm
the date of release, please contact us at [email protected]