Over the Horizon Radar Market Report - Global Industry Forecast To 2023

Over the Horizon Radar

Market Report - Global
Industry Forecast to 2023

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 Over the Horizon Radar Market Report - Global Industry Forecast To 2023

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 Over the Horizon Radar Market Report - Global Industry Forecast To 2023

Most radars have a limitation, the bend of the earth's surface limits the range of most radars to the radio horizon. Over
the horizon radar systems are capable of detecting and tracking objects at over-the-horizon ranges. They use very long
wavelengths with special properties of propagation. Over the horizon, radars are gaining significance in the present-day
scenario where the need for accurate long-range tracking has increased considerably, given the deteriorating political
instability across the globe. Market Research Future (MRFR) has recently published a study on the global over the horizon
market after considering the various pertinent factors that can affect the growth trajectory of the market. MRFR's analysis
projects a CAGR of 13% in the over the horizon market over the forecast period of 2018-2023.

Over the horizon, radars are used in military operations and are increasingly becoming a part of the modern-
day defense mechanism of multiple countries. The defense sector of various countries is investing heavily on
over the horizon radars to strengthen their defense structures and safeguard themselves from threats.
Moreover, in recent years, the nature of warfare has changed drastically. Guerilla warfare tactics are
exclusively being adopted by various countries which necessitate the deployment of advanced safety
mechanism. These radars also aid in tracking down terrorist activities and have been a key area of focus for
many countries. Surging threats from various terrorist groups along with rising cross border conflicts have
driven the over the horizon market significantly. For instance, the US and Russia, along with the North Atlantic
Treaty Organization (NATO) have engaged in the deployment of over the horizon radar systems to neutralize
any possible threats from the ISIS. Other than military applications, these systems are used for air traffic
control, vehicle speed detection for law enforcement, and weather monitoring.

Owing to the increasing terror incidents and cross border conflicts in the recent years, the government
agencies along with the defense authorities are majorly focusing on ensuring proper surveillance and
monitoring across their border and over neighboring countries, in order to detect any threats. This has
resulted in an increased demand of the radar systems. The over the horizon radar systems are particularly
used to acquire/detect the target’s location, which is miles away from the country or the position of the radar
system. These radar systems also help in increasing the situational awareness of the military personnel.

Of late, there has been a high demand for the ground surveillance radar systems, which are primarily used in
border security and for the protection of ports and waterways. It is expected that the increasing investments
in such radar systems would provide opportunities for the market players, in the forthcoming years. For
example, in June 2017, Thales Group, a key player in the market Group launched a range of the latest-
generation multifunction ground radar.

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 Over the Horizon Radar Market Report - Global Industry Forecast To 2023

Region-wise, the over the horizon radar market has been segmented into North America, Latin America, the
Middle East & Africa (MEA), Europe, and Asia Pacific (APAC).

North America captured the largest portion of the global over the horizon market in 2017. Its dominance can
be exclusively credited to the heightened focus of the region on national border security. Moreover, leading
market players such as Lockheed Martin Corporation, Raytheon Company, and Northrop Grumman
Corporation are based in the region which provides unprecedented leverage to the region. These players are
actively involved in the development of over the horizon radar systems, which is key to market growth.

The APAC over the horizon radar market is estimated to be the fastest growing market over the forecast
period. The rising threat from terrorist activities in the region along with rise in political disputes and cross-
border conflicts have generated the need for over the horizon radar systems. China and India are the key
contributors to the APAC over the horizon radar market.

The global over the horizon radar market has been segmented based on product type, component, and
platform.

By product type, the over the horizon radar market has been segmented into surveillance & airborne early
warning radar, multi-function radar, tracking & fire control radar, synthetic aperture & moving target indicator
radar, and others. The surveillance & airborne early warning radar segment is expected to be the largest as
well as the fastest growing segment over the forecast period. Rising cross border conflicts can be credited
for the growth of the segment.

By component, the over the horizon radar market has been segmented into antenna, duplexer, receiver,
transmitter, and others. The antenna segment recorded the highest growth in 2017 and is likely to capture the
highest CAGR over the forecast period.

By platform, the over the horizon radar market has been segmented into airborne, land-based, and naval radar
systems. The land-based radar systems segment led the market in 2017 while the airborne radar systems
segment is anticipated to be the fastest-growing segment over the forecast period.

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 Over the Horizon Radar Market Report - Global Industry Forecast To 2023

Northrop Grumman Corporation (US), Aselsan (Turkey), Saab AB (Sweden), BAE Systems (UK), Lockheed
Martin Corporation (US), Leonardo (Italy), Thales Group (France), Israel Aerospace Industries (Israel), Harris
Corporation (US), and Raytheon Company (US) are the key players in the global over the horizon radar market.

June 2019 - China announced the development of an over the horizon maritime warning radar that is capable
of detecting stealth aircraft beyond visual range. The radar emits high-frequency electromagnetic waves with
long wavelengths and wide beams and is immune to anti-radiation missiles.

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 Over the Horizon Radar Market Report - Global Industry Forecast To 2023

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