Forecasting the Airborne Fire Control Radar Market Size, Drivers, and Trends (2023-2032) || Leonardo SpA, Lockheed Martin Corporation

The Airborne Fire Control Radar Global Market Report 2023, provides comprehensive information on the airborne fire control 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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According to the 2023 Global Market Report on Airborne Fire Control Radar by The Business Research Company, there is a projected growth in market size from $2.57 billion in 2022 to approximately $2.74 billion in 2023, indicating a notable compound annual growth rate (CAGR) of 6.3%. 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. Furthermore, a consistent upward trajectory is anticipated, with the market size for airborne fire control radar expected to escalate to an estimated $3.46 billion by 2027, maintaining a CAGR of 6.0%. This steady growth underscores the burgeoning significance and demand for airborne fire control radar systems in the global landscape.

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Airborne fire control radars (FCRs) integrated into rapid-response aircraft embody quintessential pulse Doppler radar technology. These advanced systems serve a vital role by delivering crucial target information inputs to a sophisticated weapon fire control system. Operating within the spectral domain of pulse Doppler, these FCRs significantly enhance situational awareness and precision in aerial engagements. Their application underscores the crucial synergy between cutting-edge radar technology and efficient weapon fire control, facilitating optimized target acquisition and engagement for enhanced combat capabilities in modern air warfare scenarios.

The airborne fire control radar market is segmented:
1) By Frequency Band: L and S-Band, X-Band, Ku or K or Ka-Band

2) By Platform: Fighter Jets, Combat Helicopters, Other Platforms

3) By Application: Air To Ground, Air To Sea, Air To Air

North America was the largest region in the airborne fire control radar market in 2022.

The table of contents in TBRC’s airborne fire control radar market report includes:
1. Executive Summary
2. Airborne Fire Control Radar Market Characteristics
3. Airborne Fire Control Radar Market Trends And Strategies
4. Impact Of COVID-19
5. Airborne Fire Control Radar Market Size And Growth
6. Segmentation
7. Regional And Country Analysis
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27. Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis

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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.

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