Avalanche Radar Market Projected Growth Rate Through 2023-2032

The Avalanche Radar Global Market Report 2023, provides comprehensive information on the avalanche radar market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.

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The global avalanche radar market size is expected to grow from $1.50 billion in 2022 to $2.23 billion in 2023 at a compound annual growth rate (CAGR) of 48.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global avalanche radar market size is expected to reach $10 billion in 2027 at a CAGR of 45.5%.

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The introduction of an avalanche radar is a key trend gaining popularity in the avalanche radar market. Companies operating in the avalanche radar market are introducing new avalanche radars to sustain their position in the market. For instance, in September 2022, the Indian Army and Defense Geoinformatics and Research Establishment (DGRE), an India-based agency providing intelligent solutions to the Armed Forces, jointly installed the avalanche monitoring radar in North Sikkim. This radar can detect an avalanche in less than three seconds by employing a sequence of short microwave pulses scattered at the target. The radar is an all-weather solution that covers a two sq/km area and can see through snow, fog, and nighttime conditions, eliminating the need to install additional instruments in risky avalanche-prone areas. Additionally, the radar’s capability to detect landslides further enhances its usefulness in assessing and mitigating multiple regional natural hazards.

The avalanche radar market is segmented:

1) By Type: Long Range, Short Range
2) By Component: Transmitter, Antennas, Receiver, Display
3) By End-User: Military And Defense, Government, Weather Monitoring

Europe was the largest region in the avalanche radar market in 2022.

The table of contents in TBRC’s avalanche radar market report includes:

1. Executive Summary
2. Avalanche Radar Market Characteristics
3. Avalanche Radar Market Trends And Strategies
4. Avalanche Radar Market – Macro Economic Scenario
5. Avalanche Radar Market Size And Growth

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28. Key Mergers And Acquisitions In The Avalanche Radar Market
29. Avalanche Radar Market Future Outlook and Potential Analysis
30. Appendix

 

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