• The global airborne fire control radar market size is expected to showcase exponential growth by reaching USD 3,866.4 million by 2028 while exhibiting a CAGR of 4.73% between 2023 and 2028. According to Fortune Business Insights' recent report titled "Airborne Fire Control Radar Market, 2021-2028," the market reached a value of USD 2,655.4 million in 2020. The report highlights that the market is expected to witness significant growth due to factors such as the rising demand for target detection equipment and the increasing adoption of advanced technologies like active electronically scanning arrays (AESA). These factors are projected to drive the global adoption of airborne fire control radar systems.


    The airborne fire control radar market refers to the industry involved in the development, production, and sale of radar systems specifically designed for airborne platforms, primarily used for fire control applications. These radar systems are used in military aircraft, such as fighter jets and attack helicopters, to detect, track, and engage targets effectively.

    Information Source :

    https://www.fortunebusinessinsights.com/airborne-fire-control-radar-market-104048

    Market Segmentation:

    The airborne fire control radar industry can be segmented based on:

    Platform Type: Fixed-wing Aircraft, Rotary-wing Aircraft.
    Frequency Band: X-Band, S-Band.
    Range Capability: Short-Range, Medium-Range, Long-Range.
    Application: Air-to-Air, Air-to-Ground, Multi-mode.
    Geography: North America, Europe, Asia Pacific, Latin America, Middle East, and Africa.
    What does the Report Include?

    The market report offers a comprehensive analysis of the airborne fire control radar market, encompassing qualitative and quantitative insights. It covers crucial aspects such as materials, leading companies, applications, and products. The report provides a deep understanding of the market trends, highlighting significant industry developments. It includes historical data and forecasts the revenue growth globally, regionally, and at the country level. The report analyzes the latest dynamics and identifies opportunities that will influence market growth from 2023 to 2028.

    DRIVING FACTORS

    Increasing Demand for Reconnaissance and Targeting Activities to Promote Market Growth

    The rising intrusion activities and the growing focus on upgrading their militaries by countries worldwide will boost the demand for advanced technologies for reconnaissance and targeting activities. Moreover, the increasing focus on accurate target detection and handling crucial missions is leading to the development of advanced radar systems. For instance, Israel Aerospace Industries Ltd has developed reconnaissance and targeting ELM-20600 RTP POD that efficiently detects, classifies, and precisely tracks and selects ground targets. Moreover, it includes inflight SAR images recording capabilities that ensure real-time target assessment. The increasing adoption of active electronically scanning array (AESA) technology that provides high reliability and low interception rate is further expected to bode well for the global airborne fire control radar market growth in the forthcoming years.

    REGIONAL INSIGHTS

    North America – The region stood at USD 891.41 million in 2020 and is projected to hold the highest position in the market during the forecast period. This is attributable to the presence of established airborne fire control radar manufacturers such as Northrop Grumman Corporation, Raytheon Technologies Corporation, and Lockheed Martin Corporation in the region.

    Europe – The market in the region is expected to showcase exponential growth backed by the growing demand for advanced airborne fire control radar systems by the Air Force of countries such as the U.K. and Germany between 2021 and 2028.

    Asia-Pacific – The increasing focus on the procurement of advanced 5th Generation fighter jets by China is expected to propel the product’s adoption in the region. Moreover, the surging demand for innovative UAVs is likely to contribute to the regional growth in the forthcoming years.

    COMPETITIVE LANDSCAPE

    Contract Signing by Major Companies to Strengthen Their Market Positions

    The market is witnessing fierce competition amongst the major companies operating in it. These companies are focusing on signing lucrative contracts to expand their airborne fire control radar portfolio. Moreover, other key players are striving to maintain their presence by adopting strategies such as merger and acquisition, partnership, and collaboration that will favor the growth of the market in the forthcoming years.

    Industry Development:

    February 2021 - Hindustan Aeronautics Limited (HAL) announced the installation of the ELTA-sourced active electronically scanning radar in the Jaguar Darin III fighter jets. The company reports that the radar is primarily designed for air-to-air attack and provides solid-state active electronically scanning array technology.
    The global airborne fire control radar market size is expected to showcase exponential growth by reaching USD 3,866.4 million by 2028 while exhibiting a CAGR of 4.73% between 2023 and 2028. According to Fortune Business Insights' recent report titled "Airborne Fire Control Radar Market, 2021-2028," the market reached a value of USD 2,655.4 million in 2020. The report highlights that the market is expected to witness significant growth due to factors such as the rising demand for target detection equipment and the increasing adoption of advanced technologies like active electronically scanning arrays (AESA). These factors are projected to drive the global adoption of airborne fire control radar systems. The airborne fire control radar market refers to the industry involved in the development, production, and sale of radar systems specifically designed for airborne platforms, primarily used for fire control applications. These radar systems are used in military aircraft, such as fighter jets and attack helicopters, to detect, track, and engage targets effectively. Information Source : https://www.fortunebusinessinsights.com/airborne-fire-control-radar-market-104048 Market Segmentation: The airborne fire control radar industry can be segmented based on: Platform Type: Fixed-wing Aircraft, Rotary-wing Aircraft. Frequency Band: X-Band, S-Band. Range Capability: Short-Range, Medium-Range, Long-Range. Application: Air-to-Air, Air-to-Ground, Multi-mode. Geography: North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. What does the Report Include? The market report offers a comprehensive analysis of the airborne fire control radar market, encompassing qualitative and quantitative insights. It covers crucial aspects such as materials, leading companies, applications, and products. The report provides a deep understanding of the market trends, highlighting significant industry developments. It includes historical data and forecasts the revenue growth globally, regionally, and at the country level. The report analyzes the latest dynamics and identifies opportunities that will influence market growth from 2023 to 2028. DRIVING FACTORS Increasing Demand for Reconnaissance and Targeting Activities to Promote Market Growth The rising intrusion activities and the growing focus on upgrading their militaries by countries worldwide will boost the demand for advanced technologies for reconnaissance and targeting activities. Moreover, the increasing focus on accurate target detection and handling crucial missions is leading to the development of advanced radar systems. For instance, Israel Aerospace Industries Ltd has developed reconnaissance and targeting ELM-20600 RTP POD that efficiently detects, classifies, and precisely tracks and selects ground targets. Moreover, it includes inflight SAR images recording capabilities that ensure real-time target assessment. The increasing adoption of active electronically scanning array (AESA) technology that provides high reliability and low interception rate is further expected to bode well for the global airborne fire control radar market growth in the forthcoming years. REGIONAL INSIGHTS North America – The region stood at USD 891.41 million in 2020 and is projected to hold the highest position in the market during the forecast period. This is attributable to the presence of established airborne fire control radar manufacturers such as Northrop Grumman Corporation, Raytheon Technologies Corporation, and Lockheed Martin Corporation in the region. Europe – The market in the region is expected to showcase exponential growth backed by the growing demand for advanced airborne fire control radar systems by the Air Force of countries such as the U.K. and Germany between 2021 and 2028. Asia-Pacific – The increasing focus on the procurement of advanced 5th Generation fighter jets by China is expected to propel the product’s adoption in the region. Moreover, the surging demand for innovative UAVs is likely to contribute to the regional growth in the forthcoming years. COMPETITIVE LANDSCAPE Contract Signing by Major Companies to Strengthen Their Market Positions The market is witnessing fierce competition amongst the major companies operating in it. These companies are focusing on signing lucrative contracts to expand their airborne fire control radar portfolio. Moreover, other key players are striving to maintain their presence by adopting strategies such as merger and acquisition, partnership, and collaboration that will favor the growth of the market in the forthcoming years. Industry Development: February 2021 - Hindustan Aeronautics Limited (HAL) announced the installation of the ELTA-sourced active electronically scanning radar in the Jaguar Darin III fighter jets. The company reports that the radar is primarily designed for air-to-air attack and provides solid-state active electronically scanning array technology.
    Airborne Fire Control Radar Market Size, Growth & Report [2028]
    The global airborne fire control radar market is projected to grow from $2,797.3 million in 2021 to $3,866.4 million in 2028 at a CAGR of 4.73%
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  • Household Refrigerators and Freezers Market size is expected to reach US$ 126.16 Bn by 2029, at a CAGR of 4.5% during the forecast period. \
    Household Refrigerators and Freezers Market Report Scope and Research Methodology :

    The report, titled “Household Refrigerators and Freezers Market Report 2023-2029,” delves into the extensive impact of the COVID-19 lockdown on market leaders, followers, and disruptors. Given the varied implementations of lockdown measures across regions and countries, the report presents a nuanced analysis of how these disparities have influenced different market segments and regions. Decision-makers will find crucial insights into the short-term and long-term strategies for companies, organized by region.

    Request a Free Sample Copy or View Report Summary: https://www.maximizemarketresearch.com/request-sample/21056

    Household Refrigerators and Freezers Market Dynamics:

    The report derives its insights into growth rate and market value from a deep understanding of market dynamics, including the latest industry developments, opportunities, and trends. Notable trends driving market growth include increased investments in innovative refrigerator units, rising income levels, and decreasing product costs combined with expanded availability of high-specification models. The household refrigerator and freezer market is experiencing significant expansion, driven by growing consumer purchasing power and accessible financing options. The preference for upscale brands is also anticipated to fuel market growth in the years ahead.

    Household Refrigerators and Freezers Market Regional Insights:

    Regionally, North America is expected to hold the leading market share during the forecast period. This dominance can be attributed to a large urban population, the prevalence of nuclear families, and the growing adoption of multiple refrigerator and freezer units for beverages and food products. Within North America, the US market represented the majority of the demand in 2022. Rising disposable income and the demand for energy-efficient products are expected to drive substantial sales in the region.

    Request For Free Inquiry Report: https://www.maximizemarketresearch.com/request-sample/21056

    Household Refrigerators and Freezers Market Segmentation:

    by Refrigerator

    Door Single Door
    Double Door
    Side by Side Door
    French Door

    by Freezer

    Location Freezer on top
    Freezer on bottom
    Freezer less

    Household Refrigerators and Freezers Market Key Players:

    1. Haier
    2. LG Electronis
    3. Electrolux
    4. Samsung
    5. Whirlpool
    6. Rober Bosch
    7. Dover Corporation
    8. Electrolux
    9. Godrej
    10. Haier Inc.
    11. LG Electronics
    12. Liebherr
    13. Panasonic Corporation
    14. Robert Bosch GmbH
    15. Samsung
    16. Liebherr-International AG
    17. Dover Corporation
    18. Whirlpool Corporation
    19. Dacor Inc
    20. Philips

    Get to Know More About This Market Study@ https://www.maximizemarketresearch.com/market-report/global-household-refrigerators-and-freezers-market/21056/



    Table of content for the Household Refrigerators and Freezers Market includes:



    Global Household Refrigerators and Freezers Market : Research Methodology


    Global Household Refrigerators and Freezers Market : Executive Summary
    Market Overview and Definitions
    Introduction to the Global Market
    Summary
    Key Findings
    Recommendations for Investors
    Recommendations for Market Leaders
    Recommendations for New Market Entry
    Global Household Refrigerators and Freezers Market : Competitive Analysis


    MMR Competition Matrix
    Market Structure by region
    Competitive Benchmarking of Key Players
    Consolidation in the Market
    M&A by region
    Key Developments by Companies
    Market Drivers
    Market Restraints
    Market Opportunities
    Market Challenges
    Market Dynamics
    PORTERS Five Forces Analysis
    PESTLE
    Regulatory Landscape by region
    North America
    Europe
    Asia Pacific
    Middle East and Africa
    South America
    COVID-19 Impact


    Company Profile: Key players
    Company Overview
    Financial Overview
    Global Presence
    Capacity Portfolio
    Business Strategy
    Recent Developments


    Key Offerings:

    Past Market Size and Competitive Landscape
    Past Pricing and price curve by region
    Market Size, Share, Size and Forecast by different segment | 2023−2029
    Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
    Market Segmentation – A detailed analysis by growth and trend
    Competitive Landscape – Profiles of selected key players by region from a strategic perspective
    Competitive landscape – Market Leaders, Market Followers, Regional player
    Competitive benchmarking of key players by region
    PESTLE Analysis
    PORTER’s analysis
    Value chain and supply chain analysis
    Legal Aspects of business by region
    Lucrative business opportunities with SWOT analysis
    Recommendations
    About Maximize Market Research:

    Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of the majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.

    Contact Maximize Market Research:

    MAXIMIZE MARKET RESEARCH PVT. LTD.
    ⮝ 3rd Floor, Navale IT park Phase 2,
    Pune Banglore Highway, Narhe
    Pune, Maharashtra 411041, India.
    ✆ +91 9607365656
    🖂 sales@maximizemarketresearch.com
    🌐 www.maximizemarketresearch.com
    Household Refrigerators and Freezers Market size is expected to reach US$ 126.16 Bn by 2029, at a CAGR of 4.5% during the forecast period. \ Household Refrigerators and Freezers Market Report Scope and Research Methodology : The report, titled “Household Refrigerators and Freezers Market Report 2023-2029,” delves into the extensive impact of the COVID-19 lockdown on market leaders, followers, and disruptors. Given the varied implementations of lockdown measures across regions and countries, the report presents a nuanced analysis of how these disparities have influenced different market segments and regions. Decision-makers will find crucial insights into the short-term and long-term strategies for companies, organized by region. Request a Free Sample Copy or View Report Summary: https://www.maximizemarketresearch.com/request-sample/21056 Household Refrigerators and Freezers Market Dynamics: The report derives its insights into growth rate and market value from a deep understanding of market dynamics, including the latest industry developments, opportunities, and trends. Notable trends driving market growth include increased investments in innovative refrigerator units, rising income levels, and decreasing product costs combined with expanded availability of high-specification models. The household refrigerator and freezer market is experiencing significant expansion, driven by growing consumer purchasing power and accessible financing options. The preference for upscale brands is also anticipated to fuel market growth in the years ahead. Household Refrigerators and Freezers Market Regional Insights: Regionally, North America is expected to hold the leading market share during the forecast period. This dominance can be attributed to a large urban population, the prevalence of nuclear families, and the growing adoption of multiple refrigerator and freezer units for beverages and food products. Within North America, the US market represented the majority of the demand in 2022. Rising disposable income and the demand for energy-efficient products are expected to drive substantial sales in the region. Request For Free Inquiry Report: https://www.maximizemarketresearch.com/request-sample/21056 Household Refrigerators and Freezers Market Segmentation: by Refrigerator Door Single Door Double Door Side by Side Door French Door by Freezer Location Freezer on top Freezer on bottom Freezer less Household Refrigerators and Freezers Market Key Players: 1. Haier 2. LG Electronis 3. Electrolux 4. Samsung 5. Whirlpool 6. Rober Bosch 7. Dover Corporation 8. Electrolux 9. Godrej 10. Haier Inc. 11. LG Electronics 12. Liebherr 13. Panasonic Corporation 14. Robert Bosch GmbH 15. Samsung 16. Liebherr-International AG 17. Dover Corporation 18. Whirlpool Corporation 19. Dacor Inc 20. Philips Get to Know More About This Market Study@ https://www.maximizemarketresearch.com/market-report/global-household-refrigerators-and-freezers-market/21056/ Table of content for the Household Refrigerators and Freezers Market includes: Global Household Refrigerators and Freezers Market : Research Methodology Global Household Refrigerators and Freezers Market : Executive Summary Market Overview and Definitions Introduction to the Global Market Summary Key Findings Recommendations for Investors Recommendations for Market Leaders Recommendations for New Market Entry Global Household Refrigerators and Freezers Market : Competitive Analysis MMR Competition Matrix Market Structure by region Competitive Benchmarking of Key Players Consolidation in the Market M&A by region Key Developments by Companies Market Drivers Market Restraints Market Opportunities Market Challenges Market Dynamics PORTERS Five Forces Analysis PESTLE Regulatory Landscape by region North America Europe Asia Pacific Middle East and Africa South America COVID-19 Impact Company Profile: Key players Company Overview Financial Overview Global Presence Capacity Portfolio Business Strategy Recent Developments Key Offerings: Past Market Size and Competitive Landscape Past Pricing and price curve by region Market Size, Share, Size and Forecast by different segment | 2023−2029 Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region Market Segmentation – A detailed analysis by growth and trend Competitive Landscape – Profiles of selected key players by region from a strategic perspective Competitive landscape – Market Leaders, Market Followers, Regional player Competitive benchmarking of key players by region PESTLE Analysis PORTER’s analysis Value chain and supply chain analysis Legal Aspects of business by region Lucrative business opportunities with SWOT analysis Recommendations About Maximize Market Research: Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of the majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others. Contact Maximize Market Research: MAXIMIZE MARKET RESEARCH PVT. LTD. ⮝ 3rd Floor, Navale IT park Phase 2, Pune Banglore Highway, Narhe Pune, Maharashtra 411041, India. ✆ +91 9607365656 🖂 sales@maximizemarketresearch.com 🌐 www.maximizemarketresearch.com
    0 Commentarios 0 Acciones
  • Household Refrigerators and Freezers Market size is expected to reach US$ 126.16 Bn by 2029, at a CAGR of 4.5% during the forecast period.

    Household Refrigerators and Freezers Market Report Scope and Research Methodology :

    The report, titled “Household Refrigerators and Freezers Market Report 2023-2029,” delves into the extensive impact of the COVID-19 lockdown on market leaders, followers, and disruptors. Given the varied implementations of lockdown measures across regions and countries, the report presents a nuanced analysis of how these disparities have influenced different market segments and regions. Decision-makers will find crucial insights into the short-term and long-term strategies for companies, organized by region.

    Request a Free Sample Copy or View Report Summary: https://www.maximizemarketresearch.com/request-sample/21056

    Household Refrigerators and Freezers Market Dynamics:

    The report derives its insights into growth rate and market value from a deep understanding of market dynamics, including the latest industry developments, opportunities, and trends. Notable trends driving market growth include increased investments in innovative refrigerator units, rising income levels, and decreasing product costs combined with expanded availability of high-specification models. The household refrigerator and freezer market is experiencing significant expansion, driven by growing consumer purchasing power and accessible financing options. The preference for upscale brands is also anticipated to fuel market growth in the years ahead.

    Household Refrigerators and Freezers Market Regional Insights:

    Regionally, North America is expected to hold the leading market share during the forecast period. This dominance can be attributed to a large urban population, the prevalence of nuclear families, and the growing adoption of multiple refrigerator and freezer units for beverages and food products. Within North America, the US market represented the majority of the demand in 2022. Rising disposable income and the demand for energy-efficient products are expected to drive substantial sales in the region.

    Request For Free Inquiry Report: https://www.maximizemarketresearch.com/request-sample/21056

    Household Refrigerators and Freezers Market Segmentation:

    by Refrigerator

    Door Single Door
    Double Door
    Side by Side Door
    French Door

    by Freezer

    Location Freezer on top
    Freezer on bottom
    Freezer less

    Household Refrigerators and Freezers Market Key Players:

    1. Haier
    2. LG Electronis
    3. Electrolux
    4. Samsung
    5. Whirlpool
    6. Rober Bosch
    7. Dover Corporation
    8. Electrolux
    9. Godrej
    10. Haier Inc.
    11. LG Electronics
    12. Liebherr
    13. Panasonic Corporation
    14. Robert Bosch GmbH
    15. Samsung
    16. Liebherr-International AG
    17. Dover Corporation
    18. Whirlpool Corporation
    19. Dacor Inc
    20. Philips

    Get to Know More About This Market Study@ https://www.maximizemarketresearch.com/market-report/global-household-refrigerators-and-freezers-market/21056/



    Table of content for the Household Refrigerators and Freezers Market includes:



    Global Household Refrigerators and Freezers Market : Research Methodology


    Global Household Refrigerators and Freezers Market : Executive Summary
    Market Overview and Definitions
    Introduction to the Global Market
    Summary
    Key Findings
    Recommendations for Investors
    Recommendations for Market Leaders
    Recommendations for New Market Entry
    Global Household Refrigerators and Freezers Market : Competitive Analysis


    MMR Competition Matrix
    Market Structure by region
    Competitive Benchmarking of Key Players
    Consolidation in the Market
    M&A by region
    Key Developments by Companies
    Market Drivers
    Market Restraints
    Market Opportunities
    Market Challenges
    Market Dynamics
    PORTERS Five Forces Analysis
    PESTLE
    Regulatory Landscape by region
    North America
    Europe
    Asia Pacific
    Middle East and Africa
    South America
    COVID-19 Impact


    Company Profile: Key players
    Company Overview
    Financial Overview
    Global Presence
    Capacity Portfolio
    Business Strategy
    Recent Developments


    Key Offerings:

    Past Market Size and Competitive Landscape
    Past Pricing and price curve by region
    Market Size, Share, Size and Forecast by different segment | 2023−2029
    Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
    Market Segmentation – A detailed analysis by growth and trend
    Competitive Landscape – Profiles of selected key players by region from a strategic perspective
    Competitive landscape – Market Leaders, Market Followers, Regional player
    Competitive benchmarking of key players by region
    PESTLE Analysis
    PORTER’s analysis
    Value chain and supply chain analysis
    Legal Aspects of business by region
    Lucrative business opportunities with SWOT analysis
    Recommendations
    About Maximize Market Research:

    Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of the majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.

    Contact Maximize Market Research:

    MAXIMIZE MARKET RESEARCH PVT. LTD.

    ⮝ 444 West Lake Street, Floor 17,

    Chicago, IL, 60606, USA.

    ✆ +1 800 507 4489

    ✆ +91 9607365656

    🖂 mailto:sales@maximizemarketresearch.com

    🌐 https://www.maximizemarketresearch.com
    Household Refrigerators and Freezers Market size is expected to reach US$ 126.16 Bn by 2029, at a CAGR of 4.5% during the forecast period. Household Refrigerators and Freezers Market Report Scope and Research Methodology : The report, titled “Household Refrigerators and Freezers Market Report 2023-2029,” delves into the extensive impact of the COVID-19 lockdown on market leaders, followers, and disruptors. Given the varied implementations of lockdown measures across regions and countries, the report presents a nuanced analysis of how these disparities have influenced different market segments and regions. Decision-makers will find crucial insights into the short-term and long-term strategies for companies, organized by region. Request a Free Sample Copy or View Report Summary: https://www.maximizemarketresearch.com/request-sample/21056 Household Refrigerators and Freezers Market Dynamics: The report derives its insights into growth rate and market value from a deep understanding of market dynamics, including the latest industry developments, opportunities, and trends. Notable trends driving market growth include increased investments in innovative refrigerator units, rising income levels, and decreasing product costs combined with expanded availability of high-specification models. The household refrigerator and freezer market is experiencing significant expansion, driven by growing consumer purchasing power and accessible financing options. The preference for upscale brands is also anticipated to fuel market growth in the years ahead. Household Refrigerators and Freezers Market Regional Insights: Regionally, North America is expected to hold the leading market share during the forecast period. This dominance can be attributed to a large urban population, the prevalence of nuclear families, and the growing adoption of multiple refrigerator and freezer units for beverages and food products. Within North America, the US market represented the majority of the demand in 2022. Rising disposable income and the demand for energy-efficient products are expected to drive substantial sales in the region. Request For Free Inquiry Report: https://www.maximizemarketresearch.com/request-sample/21056 Household Refrigerators and Freezers Market Segmentation: by Refrigerator Door Single Door Double Door Side by Side Door French Door by Freezer Location Freezer on top Freezer on bottom Freezer less Household Refrigerators and Freezers Market Key Players: 1. Haier 2. LG Electronis 3. Electrolux 4. Samsung 5. Whirlpool 6. Rober Bosch 7. Dover Corporation 8. Electrolux 9. Godrej 10. Haier Inc. 11. LG Electronics 12. Liebherr 13. Panasonic Corporation 14. Robert Bosch GmbH 15. Samsung 16. Liebherr-International AG 17. Dover Corporation 18. Whirlpool Corporation 19. Dacor Inc 20. Philips Get to Know More About This Market Study@ https://www.maximizemarketresearch.com/market-report/global-household-refrigerators-and-freezers-market/21056/ Table of content for the Household Refrigerators and Freezers Market includes: Global Household Refrigerators and Freezers Market : Research Methodology Global Household Refrigerators and Freezers Market : Executive Summary Market Overview and Definitions Introduction to the Global Market Summary Key Findings Recommendations for Investors Recommendations for Market Leaders Recommendations for New Market Entry Global Household Refrigerators and Freezers Market : Competitive Analysis MMR Competition Matrix Market Structure by region Competitive Benchmarking of Key Players Consolidation in the Market M&A by region Key Developments by Companies Market Drivers Market Restraints Market Opportunities Market Challenges Market Dynamics PORTERS Five Forces Analysis PESTLE Regulatory Landscape by region North America Europe Asia Pacific Middle East and Africa South America COVID-19 Impact Company Profile: Key players Company Overview Financial Overview Global Presence Capacity Portfolio Business Strategy Recent Developments Key Offerings: Past Market Size and Competitive Landscape Past Pricing and price curve by region Market Size, Share, Size and Forecast by different segment | 2023−2029 Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region Market Segmentation – A detailed analysis by growth and trend Competitive Landscape – Profiles of selected key players by region from a strategic perspective Competitive landscape – Market Leaders, Market Followers, Regional player Competitive benchmarking of key players by region PESTLE Analysis PORTER’s analysis Value chain and supply chain analysis Legal Aspects of business by region Lucrative business opportunities with SWOT analysis Recommendations About Maximize Market Research: Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of the majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others. Contact Maximize Market Research: MAXIMIZE MARKET RESEARCH PVT. LTD. ⮝ 444 West Lake Street, Floor 17, Chicago, IL, 60606, USA. ✆ +1 800 507 4489 ✆ +91 9607365656 🖂 mailto:sales@maximizemarketresearch.com 🌐 https://www.maximizemarketresearch.com
    0 Commentarios 0 Acciones
  • The market for gunshot detection systems (GDS) is anticipated to experience significant growth, driven by leading manufacturers' efforts to develop advanced technologies for real-time sound detection. According to the study, the market was valued at USD 673.9 million in 2020 and is projected to reach USD 1,408.3 million by 2028, growing at a compound annual growth rate (CAGR) of 10.56% during the forecast period.

    A list of all the reputed manufacturers present in this market:

    ShotSpotter Inc. (The U.S.)
    ACOEM Group (France)
    Louroe Electronics (The U.S.)
    Tracer Technology Systems, Inc. (The U.S.)
    Safety Dynamics, Inc. (The U.S.)
    Databuoy Corporation (The U.S.)
    Raytheon Company, a Raytheon Technologies company (The U.S.)
    Thales Group (France)
    Rheinmetall AG (Germany)
    IAI (Israel)
    QinetiQ (The U.S.)

    Browse Source :

    https://www.fortunebusinessinsights.com/gunshot-detection-system-market-105077

    Segmentation- Gunshot Detection System Industry

    Geographical Segmentation:

    North America
    Europe
    Asia Pacific
    Latin America
    Middle East & Africa
    By Application:

    Defense and Homeland Security
    Commercial
    By Product Type:

    Indoor Gunshot Detection Systems
    Outdoor Gunshot Detection Systems
    By Component:

    Hardware
    Software
    Services
    By End User:

    Law Enforcement Agencies
    Military and Defense
    Smart Cities
    Others
    Report Coverage-Gunshot Detection System Market Size

    The market comprises multiple stakeholders, such as software solution providers, original equipment manufacturers (OEMs), and gunshot detection system equipment manufacturers, and component suppliers. All percentage breakdowns, splits, and shares were verified through primary sources and determined using secondary sources. The market’s size and supply chain were calculated using the bottom-up and top-down approaches.

    Drivers & Restraints- Gunshot Detection System Market

    Surging Need to Reduce Risks of Collateral Damage to Bolster Growth

    The increasing cases of mass shootings in public worldwide are one of the most crucial reasons responsible for the gunshot detection system market growth in the near future. The Gun Violence Research Group, for instance, declared that in 2019, the U.S. experienced the highest number of mass shooting incidents. When deployed indoors and outdoors, gunshot detection systems help to lower the risk of collateral damage in high crime areas. However, the installation and integration of these systems involve high cost spending, which, in turn, may obstruct growth.


    Regional Insights-

    Increasing Installation by Law Enforcement Agencies to Favor Growth in North America

    In 2020, North America emerged as the leading geographical market for gunshot detection systems, generating a revenue of USD 248.3 million. This growth can be attributed to the rising adoption of these systems by law enforcement agencies, growing security concerns, and a surge in incidents of mass shootings in the region. Conversely, the Asia Pacific region is expected to witness remarkable growth, driven by an increase in defense expenditure, expansion of military forces, and a rising number of smart city projects.

    Competitive Landscape-

    Winning of Significant Contracts — Vital Strategy Adopted by Key Players to Compete

    The global market is fragmented with the presence of several companies that are persistently striving to gain a competitive edge by bagging new contracts from regulatory bodies and renowned firms. This way, they will be able to provide their in-house solutions. Below are the two latest industry developments:

    December 2020: ShotSpotter, Inc. signed new contracts with seven U.S. cities with populations of less than 50,000. The company will install its flagship gunshot detection solution named ShotSpotter Respond™ to keep up with the latest trend of small cities equipping big city tools to reduce and prevent gun violence.
    April 2020: Aselsan, a defense company based in Turkey, signed a contract with a NATO member nation to deliver SEDA Gunshot Detection System and SARP Advanced Remote Controlled Stabilized Weapon Stations.
    The market for gunshot detection systems (GDS) is anticipated to experience significant growth, driven by leading manufacturers' efforts to develop advanced technologies for real-time sound detection. According to the study, the market was valued at USD 673.9 million in 2020 and is projected to reach USD 1,408.3 million by 2028, growing at a compound annual growth rate (CAGR) of 10.56% during the forecast period. A list of all the reputed manufacturers present in this market: ShotSpotter Inc. (The U.S.) ACOEM Group (France) Louroe Electronics (The U.S.) Tracer Technology Systems, Inc. (The U.S.) Safety Dynamics, Inc. (The U.S.) Databuoy Corporation (The U.S.) Raytheon Company, a Raytheon Technologies company (The U.S.) Thales Group (France) Rheinmetall AG (Germany) IAI (Israel) QinetiQ (The U.S.) Browse Source : https://www.fortunebusinessinsights.com/gunshot-detection-system-market-105077 Segmentation- Gunshot Detection System Industry Geographical Segmentation: North America Europe Asia Pacific Latin America Middle East & Africa By Application: Defense and Homeland Security Commercial By Product Type: Indoor Gunshot Detection Systems Outdoor Gunshot Detection Systems By Component: Hardware Software Services By End User: Law Enforcement Agencies Military and Defense Smart Cities Others Report Coverage-Gunshot Detection System Market Size The market comprises multiple stakeholders, such as software solution providers, original equipment manufacturers (OEMs), and gunshot detection system equipment manufacturers, and component suppliers. All percentage breakdowns, splits, and shares were verified through primary sources and determined using secondary sources. The market’s size and supply chain were calculated using the bottom-up and top-down approaches. Drivers & Restraints- Gunshot Detection System Market Surging Need to Reduce Risks of Collateral Damage to Bolster Growth The increasing cases of mass shootings in public worldwide are one of the most crucial reasons responsible for the gunshot detection system market growth in the near future. The Gun Violence Research Group, for instance, declared that in 2019, the U.S. experienced the highest number of mass shooting incidents. When deployed indoors and outdoors, gunshot detection systems help to lower the risk of collateral damage in high crime areas. However, the installation and integration of these systems involve high cost spending, which, in turn, may obstruct growth. Regional Insights- Increasing Installation by Law Enforcement Agencies to Favor Growth in North America In 2020, North America emerged as the leading geographical market for gunshot detection systems, generating a revenue of USD 248.3 million. This growth can be attributed to the rising adoption of these systems by law enforcement agencies, growing security concerns, and a surge in incidents of mass shootings in the region. Conversely, the Asia Pacific region is expected to witness remarkable growth, driven by an increase in defense expenditure, expansion of military forces, and a rising number of smart city projects. Competitive Landscape- Winning of Significant Contracts — Vital Strategy Adopted by Key Players to Compete The global market is fragmented with the presence of several companies that are persistently striving to gain a competitive edge by bagging new contracts from regulatory bodies and renowned firms. This way, they will be able to provide their in-house solutions. Below are the two latest industry developments: December 2020: ShotSpotter, Inc. signed new contracts with seven U.S. cities with populations of less than 50,000. The company will install its flagship gunshot detection solution named ShotSpotter Respond™ to keep up with the latest trend of small cities equipping big city tools to reduce and prevent gun violence. April 2020: Aselsan, a defense company based in Turkey, signed a contract with a NATO member nation to deliver SEDA Gunshot Detection System and SARP Advanced Remote Controlled Stabilized Weapon Stations.
    Gunshot Detection System Market Size | Global Forecast [2028]
    The global gunshot detection system market is projected to grow from $697.5 million in 2021 to $1,408.3 million in 2028 at a CAGR of 10.56% in the 2021-2028
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  • The global amphibious aircraft market size is expected to experience exponential growth by reaching USD 358.1 million by 2028 while exhibiting an impressive CAGR of 11.71% between 2021 and 2028.

    According to a recent report by Fortune Business Insights titled "Amphibious Aircraft Market, 2021-2028," the market reached a value of USD 159.2 million in 2020. The report highlights that the market is expected to experience a positive growth trajectory due to various factors. One such factor is the rising demand for amphibious aircraft for commercial purposes. Additionally, there is a growing need for lightweight seaplanes, further driving the market's demand in the forecast period. An example of this trend is the launch of India's first-ever seaplane service in October 2020, which operates between Ahmedabad and Kevadia.

    List of the Companies Operating in the Global Market for Amphibious Aircraft:

    Aviat Aircraft, Inc. (The U.S.)
    AVIC (China)
    Beriev Aircraft Company (Russia)
    Bombardier (Canada)
    Dornier Seawings GmbH (Germany)
    Glasair Aviation (The U.S.)
    ICON Aircraft, Inc. (The U.S.)
    ShinMaywa Industries, Ltd. (Japan)
    Textron Inc. (The U.S.)
    VIKING Air Ltd. (Canada)
    Information Source -

    https://www.fortunebusinessinsights.com/amphibious-aircraft-market-105019


    Market Segmentation:

    We have segmented the market based on engine, application, seating capacity, and region.

    On the basis of engine, the market is divided into piston and turboprop. Based on application, the market is categorized into civil and military. Furthermore, on the basis of seating capacity, the market is segregated into less than 10 and more than 10.Based on seating capacity, the less than 10 segment is expected to hold the largest global amphibious aircraft market share during the forecast period. This is attributable to the increasing demand for lightweight seaplanes for commercial purposes such as firefighting, maritime monitoring, and ambulance. Lastly, on the basis of region, the market is bifurcated into North America, Europe, Asia-Pacific, and Rest of the World.

    What does the Report Include?

    The report on the global market for amphibious aircraft offers a comprehensive analysis, highlighting key aspects such as seaplane product types, major players, applications, engine types, and seating capacity. Through the adoption of various research methodologies, the report provides insights into market trends, the competitive landscape, pricing of products, market status, and significant industry developments. The analysis takes into account both direct and indirect factors that have contributed to the market's growth in recent years, providing a thorough understanding of the market dynamics.

    DRIVING FACTORS

    Increasing Demand for Seaplanes for Commercial Purposes to Augment Growth

    In December 2020, Sydney Seaplanes announced a partnership with electric aviation company magniX and Dante Aeronautical to convert a Cessna Caravan into the world's first all-electric aircraft. This collaboration reflects the increasing demand for amphibious aircraft in various commercial applications such as transportation, sea tourism, and search and rescue operations. Companies in the industry are driven to innovate their products to meet these demands. Additionally, the utilization of seaplanes in government operations has further contributed to the growth of the global amphibious aircraft market. Notably, Russia possesses Be-200 amphibious seaplanes, which are proficient in handling firefighting missions. These factors are anticipated to propel the growth of the amphibious aircraft market in the coming years.

    REGIONAL INSIGHTS

    North America – The region is expected to hold the highest position in the global amphibious aircraft market during the forecast period. This is attributable to the high defense spending by countries such as the U.S. that will boost the adoption of advanced amphibious aircraft for several military applications in the region. North America stood at USD 58.0 million in 2020.

    Europe – The market in the region is expected to showcase exponential growth backed by the presence of established players such as Dornier Seawings GmbH, Beriev Aircraft, and others that are proactively focusing on introducing new seaplanes in the region between 2021 and 2028.

    COMPETITIVE LANDSCAPE

    Major Companies Focus on Investment in R&D Activities to Strengthen Their Market Positions

    The global market for amphibious aircraft is consolidated by prominent companies focusing on investing in the development of advanced seaplanes to cater to the growing industrial demand. Additionally, adoption of organic and inorganic strategies by other key players to gain a major chunk of the market share is projected to bode well for the market growth during the forecast period.

    Industry Development

    December 2020 - ICON Aircraft, Inc. announced the development of a new avionics solution for its A5 light sport aircraft (LSA) amphibious aircraft. The company reports that the airplane includes a seven-inch Garmin G3X touchscreen display, along with two-axis autopilot feature.
    The global amphibious aircraft market size is expected to experience exponential growth by reaching USD 358.1 million by 2028 while exhibiting an impressive CAGR of 11.71% between 2021 and 2028. According to a recent report by Fortune Business Insights titled "Amphibious Aircraft Market, 2021-2028," the market reached a value of USD 159.2 million in 2020. The report highlights that the market is expected to experience a positive growth trajectory due to various factors. One such factor is the rising demand for amphibious aircraft for commercial purposes. Additionally, there is a growing need for lightweight seaplanes, further driving the market's demand in the forecast period. An example of this trend is the launch of India's first-ever seaplane service in October 2020, which operates between Ahmedabad and Kevadia. List of the Companies Operating in the Global Market for Amphibious Aircraft: Aviat Aircraft, Inc. (The U.S.) AVIC (China) Beriev Aircraft Company (Russia) Bombardier (Canada) Dornier Seawings GmbH (Germany) Glasair Aviation (The U.S.) ICON Aircraft, Inc. (The U.S.) ShinMaywa Industries, Ltd. (Japan) Textron Inc. (The U.S.) VIKING Air Ltd. (Canada) Information Source - https://www.fortunebusinessinsights.com/amphibious-aircraft-market-105019 Market Segmentation: We have segmented the market based on engine, application, seating capacity, and region. On the basis of engine, the market is divided into piston and turboprop. Based on application, the market is categorized into civil and military. Furthermore, on the basis of seating capacity, the market is segregated into less than 10 and more than 10.Based on seating capacity, the less than 10 segment is expected to hold the largest global amphibious aircraft market share during the forecast period. This is attributable to the increasing demand for lightweight seaplanes for commercial purposes such as firefighting, maritime monitoring, and ambulance. Lastly, on the basis of region, the market is bifurcated into North America, Europe, Asia-Pacific, and Rest of the World. What does the Report Include? The report on the global market for amphibious aircraft offers a comprehensive analysis, highlighting key aspects such as seaplane product types, major players, applications, engine types, and seating capacity. Through the adoption of various research methodologies, the report provides insights into market trends, the competitive landscape, pricing of products, market status, and significant industry developments. The analysis takes into account both direct and indirect factors that have contributed to the market's growth in recent years, providing a thorough understanding of the market dynamics. DRIVING FACTORS Increasing Demand for Seaplanes for Commercial Purposes to Augment Growth In December 2020, Sydney Seaplanes announced a partnership with electric aviation company magniX and Dante Aeronautical to convert a Cessna Caravan into the world's first all-electric aircraft. This collaboration reflects the increasing demand for amphibious aircraft in various commercial applications such as transportation, sea tourism, and search and rescue operations. Companies in the industry are driven to innovate their products to meet these demands. Additionally, the utilization of seaplanes in government operations has further contributed to the growth of the global amphibious aircraft market. Notably, Russia possesses Be-200 amphibious seaplanes, which are proficient in handling firefighting missions. These factors are anticipated to propel the growth of the amphibious aircraft market in the coming years. REGIONAL INSIGHTS North America – The region is expected to hold the highest position in the global amphibious aircraft market during the forecast period. This is attributable to the high defense spending by countries such as the U.S. that will boost the adoption of advanced amphibious aircraft for several military applications in the region. North America stood at USD 58.0 million in 2020. Europe – The market in the region is expected to showcase exponential growth backed by the presence of established players such as Dornier Seawings GmbH, Beriev Aircraft, and others that are proactively focusing on introducing new seaplanes in the region between 2021 and 2028. COMPETITIVE LANDSCAPE Major Companies Focus on Investment in R&D Activities to Strengthen Their Market Positions The global market for amphibious aircraft is consolidated by prominent companies focusing on investing in the development of advanced seaplanes to cater to the growing industrial demand. Additionally, adoption of organic and inorganic strategies by other key players to gain a major chunk of the market share is projected to bode well for the market growth during the forecast period. Industry Development December 2020 - ICON Aircraft, Inc. announced the development of a new avionics solution for its A5 light sport aircraft (LSA) amphibious aircraft. The company reports that the airplane includes a seven-inch Garmin G3X touchscreen display, along with two-axis autopilot feature.
    Amphibious Aircraft Market Size, Growth & Trends | Forecast, 2028
    The global amphibious aircraft market size was USD 159.2 million in 2020. The global impact of COVID-19 has been unmatched and staggering, with amphibious aircraft witnessing a negative impact on demand across all the globe amid the pandemic.
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  • The software-defined radio (SDR) market experienced a noteworthy global impact due to the unprecedented COVID-19 pandemic. Despite the challenges, the market size reached USD 12.45 billion in 2020, showcasing resilience in the face of adversity. Looking ahead, the market is expected to grow steadily from USD 11.60 billion in 2021 to USD 16.20 billion by 2028, with a compound annual growth rate (CAGR) of 5.3% during the period of 2021-2028. Although demand for SDR witnessed a medium impact across regions during the pandemic, the market still demonstrated a growth of 1.28% in 2020, surpassing the average year-on-year growth from 2017 to 2019. This indicates the robust nature and potential of the SDR market to adapt and thrive in changing circumstances.

    The global Software Defined Radios market size was USD 12.45 billion in 2020. The market is projected to grow from USD 11.60 billion in 2021 to USD 16.20 billion in 2028 at a CAGR of 5.3% in the 2021-2028 period.

    Browse In-depth Summary of This Research Insight:

    https://www.fortunebusinessinsights.com/software-defined-radios-market-102524

    List of Companies Profiled in the Report:

    BAE Systems (The U.K.)
    Aselsan (Turkey)
    Elbit Systems (Israel)
    General Dynamics (the U.S.)
    Northrop Grumman (The U.S.)
    Harris Corporation (The U.S.)
    Rockwell Collins (The U.S.)
    Thales Group (France)
    Leonardo (Italy)
    Rohde and Schwarz (Germany)
    Others
    Drivers & Restraints-

    Rising Adoption by Residential and Industrial Sectors to Bolster Growth

    The global software-defined radio (SDR) market is experiencing significant growth primarily due to the increasing adoption of SDR in the telecommunication sector and continuous technological advancements. The integration of cognitive radio (CR) and smart processing capabilities into SDRs has further fueled market expansion. Moreover, governments' increased expenditure on the military and defense sector has created a favorable environment for the growth of the SDR market. The versatility of SDRs has also led to their adoption across various sectors, including industrial, residential, and commercial, contributing to market growth. Furthermore, the growing demand for mission-critical communication systems has become a driving force in the market, highlighting the importance of SDRs in fulfilling such requirements. Overall, these factors collectively contribute to the promising future of the global software-defined radio market.

    Segmentation-

    Detailed Segmentation of the Software Defined Radios Market include:

    The market for software defined radios is segmented into application, component, platform, frequency band, type, and geography. Based on application, the market is bifurcated into commercial, and defense. With respect to component, the market is grouped into auxillary system, software, receiver, and transmitter. On the basis of platform, the market is segmented into space, naval, airborne, mobile, fixed, and land. The frequency segment is further categorized into UHF, VHF, HF, and other bands. In terms of type, the market is classified into terrestrial trunked radio (TETRA), cognitive or intelligent radio, and joint tactical radio system (JTRS).

    Regional Analysis-

    Asia Pacific to Emerge Dominant Owing to Rising Demand for Advanced Military Equipment

    On the basis of geographical segmentation, the largest software defined radio market share is generated by Asia Pacific owing to the increasing demand for advanced technologies and new product development. This, coupled with the rising demand for advanced military equipment, will help this region continue its dominance the market in the forecast period. On the other hand, the market in North America is expected to generate notable revenue on account of the expansion of the telecom industry and the increasing adoption of advanced technological products. Furthermore, the European market will also gain momentum in the coming years attributing to the presence of major players such as Thales Group, BAE Systems, Leonardo, and others in Italy, France, and the United Kingdom.

    Competitive Landscape-

    Collaborative Strategies are an Increasing trend Among Major Companies

    Players functioning in the market for software defined radios are engaging in collaborative strategies such as mergers and acquisitions, contracts and agreements and others to gain competitive edge in the market. Other players are focusing on gaining contracts with the government of various nations for providing services to the military and defense sector. This will also help players earn notable revenue and make their mark in the competition.

    Industry Developments:

    April 2016 – A $12.7 billion contract was awarded to Rockwell Collins by the U.S. Army for supplying software-defined radios for military communication under the Handheld, Manpack, and Small Form Factor (HMS) program.

    October 2017 – A $131.9 million contract was awarded to Thales by the Royal Navy (UK) for supporting the communication systems installed on the HMS Queen Elizabeth Class for a period of 7 years.
    The software-defined radio (SDR) market experienced a noteworthy global impact due to the unprecedented COVID-19 pandemic. Despite the challenges, the market size reached USD 12.45 billion in 2020, showcasing resilience in the face of adversity. Looking ahead, the market is expected to grow steadily from USD 11.60 billion in 2021 to USD 16.20 billion by 2028, with a compound annual growth rate (CAGR) of 5.3% during the period of 2021-2028. Although demand for SDR witnessed a medium impact across regions during the pandemic, the market still demonstrated a growth of 1.28% in 2020, surpassing the average year-on-year growth from 2017 to 2019. This indicates the robust nature and potential of the SDR market to adapt and thrive in changing circumstances. The global Software Defined Radios market size was USD 12.45 billion in 2020. The market is projected to grow from USD 11.60 billion in 2021 to USD 16.20 billion in 2028 at a CAGR of 5.3% in the 2021-2028 period. Browse In-depth Summary of This Research Insight: https://www.fortunebusinessinsights.com/software-defined-radios-market-102524 List of Companies Profiled in the Report: BAE Systems (The U.K.) Aselsan (Turkey) Elbit Systems (Israel) General Dynamics (the U.S.) Northrop Grumman (The U.S.) Harris Corporation (The U.S.) Rockwell Collins (The U.S.) Thales Group (France) Leonardo (Italy) Rohde and Schwarz (Germany) Others Drivers & Restraints- Rising Adoption by Residential and Industrial Sectors to Bolster Growth The global software-defined radio (SDR) market is experiencing significant growth primarily due to the increasing adoption of SDR in the telecommunication sector and continuous technological advancements. The integration of cognitive radio (CR) and smart processing capabilities into SDRs has further fueled market expansion. Moreover, governments' increased expenditure on the military and defense sector has created a favorable environment for the growth of the SDR market. The versatility of SDRs has also led to their adoption across various sectors, including industrial, residential, and commercial, contributing to market growth. Furthermore, the growing demand for mission-critical communication systems has become a driving force in the market, highlighting the importance of SDRs in fulfilling such requirements. Overall, these factors collectively contribute to the promising future of the global software-defined radio market. Segmentation- Detailed Segmentation of the Software Defined Radios Market include: The market for software defined radios is segmented into application, component, platform, frequency band, type, and geography. Based on application, the market is bifurcated into commercial, and defense. With respect to component, the market is grouped into auxillary system, software, receiver, and transmitter. On the basis of platform, the market is segmented into space, naval, airborne, mobile, fixed, and land. The frequency segment is further categorized into UHF, VHF, HF, and other bands. In terms of type, the market is classified into terrestrial trunked radio (TETRA), cognitive or intelligent radio, and joint tactical radio system (JTRS). Regional Analysis- Asia Pacific to Emerge Dominant Owing to Rising Demand for Advanced Military Equipment On the basis of geographical segmentation, the largest software defined radio market share is generated by Asia Pacific owing to the increasing demand for advanced technologies and new product development. This, coupled with the rising demand for advanced military equipment, will help this region continue its dominance the market in the forecast period. On the other hand, the market in North America is expected to generate notable revenue on account of the expansion of the telecom industry and the increasing adoption of advanced technological products. Furthermore, the European market will also gain momentum in the coming years attributing to the presence of major players such as Thales Group, BAE Systems, Leonardo, and others in Italy, France, and the United Kingdom. Competitive Landscape- Collaborative Strategies are an Increasing trend Among Major Companies Players functioning in the market for software defined radios are engaging in collaborative strategies such as mergers and acquisitions, contracts and agreements and others to gain competitive edge in the market. Other players are focusing on gaining contracts with the government of various nations for providing services to the military and defense sector. This will also help players earn notable revenue and make their mark in the competition. Industry Developments: April 2016 – A $12.7 billion contract was awarded to Rockwell Collins by the U.S. Army for supplying software-defined radios for military communication under the Handheld, Manpack, and Small Form Factor (HMS) program. October 2017 – A $131.9 million contract was awarded to Thales by the Royal Navy (UK) for supporting the communication systems installed on the HMS Queen Elizabeth Class for a period of 7 years.
    Software Defined Radio Market Size & Growth | Forecast, 2028
    The global software defined radio market is projected to grow from $11.60 billion in 2021 to $16.20 billion in 2028 at a CAGR of 5.3% during forecast period
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