The Electronically Scanned Arrays Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Electronically Scanned Arrays Global Market Report 2024, The electronically scanned arrays market size has grown strongly in recent years. It will grow from $8.07 billion in 2023 to $8.52 billion in 2024 at a compound annual growth rate (CAGR) of 5.6%. The growth in the historic period can be attributed to rise in defense spending, need for enhanced surveillance, military modernization programs, airborne early warning and control (EWC) systems.
The electronically scanned arrays market size is expected to see strong growth in the next few years. It will grow to $10.83 billion in 2028 at a compound annual growth rate (CAGR) of 6.2%. The growth in the forecast period can be attributed to rapid advancements in aerospace technologies, growing demand for unmanned systems, expansion of space-based surveillance, national security concerns, global geopolitical tensions. Major trends in the forecast period include digital signal processing advancements, network-centric warfare integration, increased use in electronic warfare (EW), rapid scan and track capabilities, continued development of hybrid ESA solutions.
Increasing government investments in the defense sector are significantly driving the growth of the electronically scanned arrays market. Electronically scanned arrays are used in radars in fighter jets for long-distance detection and track generation in defense industries. For instance, the Indian government has allotted $62.76 billion to the Ministry of Defense for the year 2020-21. The Ministry of Defense received the biggest budgetary allocation among any central government ministry. Defense spending accounts for 15.5% of the central government's budget in 2020-21. Hence, the increasing government investments in the defense sector are expected to propel the electronically scanned arrays market growth over the coming years.
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The electronically scanned arrays market covered in this report is segmented –
1) By Type: Active, Passive
2) By Geometry: Linear, Planar, Frequency Scanning
3) By Range: Land, Navel, Airborne
4) By Application: Defense, Government, Commercial
5) By User: Short, Medium, Long
Major companies operating in the electrically scanned arrays market are focused on developing new technological solutions such as breakthrough over-the-air (OTA) calibration and characterization solution to strengthen their position in the market. Over-the-air (OTA) calibration and characterization is a testing methodology that evaluates and fine-tunes the performance of antenna systems in their actual operating environment, without the need to physically connect probes or cables. For instance, in October 2023, Keysight Technologies, an US-based manufacturer of electronic test and measurement equipment and software, launches Phased Array Antenna Control and Calibration Solution for Satellite Communications, the solution facilitates rapid testing and validation of active electronically scanned arrays in satellite communications, addressing the complexities of higher-frequency operations. With proprietary calibration algorithms, the system enables accurate measurement of gain and phase, significantly reducing calibration times. The solution covers a wide range of verification tests, providing a user-friendly interface and maximizing the utility of existing test chambers within Keysight's Antenna Measurement Toolset.
The electronically scanned arrays market report table of contents includes:
- Executive Summary
- Electronically Scanned Arrays Market Characteristics
- Electronically Scanned Arrays Market Trends And Strategies
- Electronically Scanned Arrays Market - Macro Economic Scenario
- Global Electronically Scanned Arrays Market Size and Growth
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- Global Electronically Scanned Arrays Market Competitive Benchmarking
- Global Electronically Scanned Arrays Market Competitive Dashboard
- Key Mergers And Acquisitions In The Electronically Scanned Arrays Market
- Electronically Scanned Arrays Market Future Outlook and Potential Analysis
- Appendix
Top 5 Major Key Players Are:
- The Boeing Company
- Airbus SE
- Lockheed Martin Corporation
- Raytheon Technologies Corporation
- General Dynamics Corporation
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The report produces data with the support of the existing tools based on SWOT analysis, Porter’s Five Forces analysis, secondary based data tools, and others.
Based on the tools the report is designed such that it offers a deep-insight for the reader to make aware of the current market developments, drivers, stumbling blocks, market opportunities, and status of the global Electronically Scanned Arrays market.
The report produced is based on a comprehensive analysis of both qualitative and quantitative.About Electronically Scanned Arrays MarketAn electronically scanned array (ESA), is a type of computer-controlled phased array antenna in which the beam of radio waves can be electronically directed to point in different directions without actually moving the antenna.
Electronically scanned arrays market is anticipated to grow with a significant growth rate owing to integration of ESA into radar systems, replacement of traditional ESA systems, and geo-political instability across Asia-Pacific region.
Technological advancement and miniaturization of defense systems would provide lucrative opportunities for the market in the upcoming years.For Better Understanding, Try Sample PDF Brochure of Report (including full TOC, Tables and Figures) @ https://www.esticastresearch.com/report/electronically-scanned-arrays-market/#request-for-sampleThe Electronically Scanned Arrays market report majorly focuses on the market overview, trends, opportunities, product scope, and many more.
Moreover, the reported study of the global Electronically Scanned Arrays market provides a base for analysts to understand the major investing region which helps him to channelize and become more decisive.Key Players profiled in the report includesCompany 1Company 2And Many MoreThe key players' section of the report provides critical data about market leaders and prominent players for the global Electronically Scanned Arrays market.
