Avalanche Radar Market by Type (Long Range and Short Range), Component (Transmitter, Antennas, Receiver, and Display), End-user (Military and Defense, Government, and Weather Monitoring), and Regional Analysis (North America, Europe, Asia-Pacific, and LAMEA): Global Opportunity Analysis and Industry Forecast, 2022-2031

Defence

SE22018542

Pages: 220

Feb 2023

Reports Overview

Global Avalanche Radar Market Analysis

The Global Avalanche Radar Market Size was $1,501.4 million in 2021 and is predicted to grow with a CAGR of 5.0%, by generating a revenue of $64,412.5 million by 2031.

Global Avalanche Radar Market Synopsis

Rising security worries, combined with increased defense funding, are stimulating the avalanche radar industry development potential. The spread of technology is having a favorable impact on the industry and is contributing to the creation of lightweight radars. Strategic collaborations among industry participants, as well as a greater emphasis on border protection activities, are significantly increasing demand for avalanche radar systems.

A highly competent and experienced crew is required for avalanche radar systems to interpret correct findings and conclusions from the acquired data. Furthermore, the high costs of implementing worker training programmes are expected to restrict new entrants into this market. As a result, the expansion of the avalanche radar market is expected to be restricted.

Modernization activities of military equipment and legacy systems around the world are opening up new business opportunities. The avalanche radar companies are expected to see increased demand as a result of an increase in terrorism, inter-country disputes, border infiltrations, and attack-prone frontiers. Military radars improve detecting, tracking, monitoring, ground mapping, and warning against stealth aircraft and weaponry, resulting in increased security.

Avalanche Radar Overview

The avalanche radar is intended to provide early warning of avalanches as well as to sound an alarm. Roads and railway lines are automatically blocked in the case of an avalanche, and inhabitants in the danger region are reliably warned. Avalanche radar is also used in avalanche control operations to confirm the success of an artificially produced avalanche. It is especially difficult to detect avalanches without radar in the dark or during terrible weather (fog, snow, rain).

COVID-19 Impact on Global Avalanche Radar Market

In March 2020, the World Health Organization declared COVID-19 as a pandemic, which had an adverse effect on supply chains, output levels, and travel restrictions in addition to causing disruptions in the financial markets. Every firm has been influenced by a series of strange events brought on by the coronavirus pandemic. Individuals, society, industry, and the global economy are all still being impacted by the COVID-19 disaster. The supply of raw materials was stopped as a result of the production segments being severely affected. The avalanche radar market has so experienced a setback.

The novel coronavirus has impacted the global avalanche radar sector, among others. This is mostly due to closures in the industrial sector and disruptions in supply chains. Furthermore, due to strict federal restrictions and transportation limitations, raw material supply has been stopped and delayed, thus impacting industrial segments' capacity to offer the final product. All of these variables contributed to the market's decline during the crisis. The COVID-19 pandemic has had a major impact on the avalanche radar sector, as well as other industries. The coronavirus's uncontrolled spread has forced the shutdown of several industries. As a result, the industry's output and supply networks were impeded, resulting in a decrease in market growth.

Growing Applications of Avalanche Radars in Military and Defense Sector to Drive the Market Growth

Avalanche radar is becoming increasingly popular. The market is expected to increase significantly throughout the estimated duration, particularly in the defense and military sectors around the world. Furthermore, the increased use of radar by weather forecasters to improve avalanche prediction is likely to boost avalanche radar demand during the projection period. Furthermore, rising technical improvements in the weather monitoring industry are expected to generate significant potential prospects for the avalanche radar market during the study period. However, the high cost of worker training and a shortage of competent and experienced personnel may hinder market expansion over the forecast period.

To know more about global avalanche radar market drivers, get in touch with our analysts here.

High Cost in Expenditure on Avalanche Radars to Restrain the Market Growth

The cost of embedding the avalanche radar devices into a country's defense networks is significant. Military radars must be compatible with a variety of fire control platforms, command and controlling systems, missiles, and anti-aircraft guns. These systems are extremely expensive to launch and maintain. As a result, the high cost and time required for the manufacture and implementation of these systems are likewise prohibitively expensive.

Use of Avalanche Radar for Weather and Terrorist Attack Monitoring to Drive Excellent Opportunities

Avalanche radar is a critical component of global militaries' surveillance systems. Growing territorial disputes and adversary threats are driving numerous countries to spend extensively in surveillance technologies in order to limit reliance, identify infiltration, and respond promptly. As a result of increased use of unmanned aerial vehicles (UAVs), stealth aircraft, hypersonic missiles, and cyber warfare systems, some countries have had to improve their radar capabilities. Advances in range, detection, identification, and integration with other sensors, as well as flexibility to new missions, platforms, and conditions, are fueling global demand for new military radars.

To know more about global avalanche radar market opportunities, get in touch with our analysts here.

Global Avalanche Radar Market, by Type

Based on type, the market has been divided into short range and long range. Among these, the long range sub-segment accounted for the highest market share and is estimated to show the fastest growth during the forecast period.