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RADAR Sensor Market to Reach $33.13 Bn, Globally, by 2030 at 13.1% CAGR: AMRSurge in demand for radar systems in automotive and defense industries, increase in territorial battles across the globe, and rise in use of radar in remote sensing application drive the growth of the global radar sensor market PORTLAND, Ore., Aug. 4, 2021 /PRNewswire/ -- Allied Market Research recently published a report, titled, "Radar Sensor Market By Type (Imaging, and Non-Imaging), Range (Short Range, Medium Range, and Long Range), Application (Air Traffic Control, Remote Sensing, Ground Traffic Control, Space Navigation and Control, and Others), and End User (Automotive, Aerospace and Defense, Environment and Weather Monitoring, Industrial, and Others): Global Opportunity Analysis and Industry Forecast, 2021–2030". As per the report, the global RADAR sensor industry was accounting for $10.63 billion in 2020, and is projected $33.13 billion by 2030, growing at a CAGR OF 13.1% from 2021 to 2030.  Download Sample Report (Get Full Insights in PDF - 280 Pages) @ https://www.alliedmarketresearch.com/request-sample/6521 Major Determinants of the Market Growth Surge in demand for radar systems in automotive and defense industries, increase in territorial battles across the globe, and rise in use of radar in remote sensing applications drive the growth of the global radar sensor market. However, high cost of radar systems hinders the market. On the contrary, high investment from developed countries in the military sector is expected to create lucrative opportunities in the future. Covid-19 Scenario:
The Non-Imaging Segment to Showcase the Highest CAGR through 2030 By type, the non-imaging segment is projected to register the highest CAGR of 14.2% during the forecast period, due to use of non-imaging radar to measure speed and plan position indicators to observe weather and air traffic. However, the imaging segment held the largest share in 2020, accounting for more than three-fifths of the global radar sensor market, owing to use of imaging radar in applications such as surface topography & coastal change, land use monitoring, ice patrol, and environmental monitoring. Interested to Procure the Data? Inquire Here @ https://www.alliedmaketresearch.com/purchase-enquiry/6521 The Air Traffic Control Segment Held the largest Share By application, the air traffic control segment dominated the market in 2020 in terms of revenue, contributing to more than one-fourth of the global radar sensor market, due to increase in number of airports, rise in air travel in developing countries, and increase in need for efficient airspace management system. However, the ground traffic control segment is anticipated to register the highest CAGR of 14.50% during the forecast period, owing to increase in need for airports to integrate advanced taxing guidance systems based on existing international standards and integrated technologies. North America Held the Largest Share By region, the market across North America held the largest share in 2020, accounting for nearly one-third of the market, due to increase in road accident victims, rapid increase in urbanization, and increase in deployment of radar systems in luxury vehicles. However, the global radar sensor market across Asia-Pacific is expected to manifest the highest CAGR of 15.0% from 2021 to 2030, due to increase in the defense budget of India and China and rise in demand for radar systems. Enquire for Customization with Detailed Analysis of COVID-19 Impact in Report @ https://www.alliedmarketresearch.com/request-for-customization/6521?reqfor=covid Major Market Players
Access AVENUE - A Subscription-Based Library (Premium On-Demand, Subscription-Based Pricing Model) @ https://www.alliedmarketresearch.com/library-access Avenue is a user-based library of global market report database, provides comprehensive reports pertaining to the world's largest emerging markets. It further offers e-access to all the available industry reports just in a jiffy. By offering core business insights on the varied industries, economies, and end users worldwide, Avenue ensures that the registered members get an easy as well as single gateway to their all-inclusive requirements. Avenue Library Subscription | Request For 14 Days Free Trial of Before Buying: https://www.alliedmarketresearch.com/avenue/trial/starter Similar Reports: Lidar Sensor for Environmental Market Pre-Book Now with 10% Discount: Ambient Light Sensor Market - Opportunities and Forecasts, 2021-2030 Ingestible Sensor Market - Opportunities and Forecasts, 2021-2030 About us: Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry. Contact us: David Correa Logo: https://mma.prnewswire.com/media/636519/Allied_Market_Research_Logo.jpg 
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