Middle East and Africa Coastal Surveillance Radar Market

Market Introduction

The MEA region includes Saudi Arabia, the UAE, South Africa, and the Rest of the MEA. Among the countries included in the MEA, the Rest of MEA held the largest market share in 2020, followed by Saudi Arabia. This is majorly due to the presence of a large number of coastal surveillance radar market players operating in Israel and Turkey. On the other hand, Saudi Arabian defense expenditure is the highest in the Middle Eastern or Gulf region. Also, the Saudi defense forces boast their security solutions and continue to procure an enormous volume of advanced solutions to safeguard the nation. Owing to this, the Rest of MEA and Saudi Arabia are the two most prominent geographies in the MEA coastal surveillance radar market.   

The COVID-19 pandemic has had a negative impact on the supply side of the MEA coastal surveillance radar market, owing to the disruption in the supply chain of radar and related components. Despite the economy's downfall, the regions' governments continued to invest in communication, navigation, and surveillance systems in 2020 and 2021 due to the highly volatile border situations. For instance, in May 2020, US DoD approved the possible sale of Maritime Domain Awareness (MDA) system and related equipment to Egypt for ~US$ 417 million. Further, in April 2021, Advanced Technology Systems Company received a contract to provide Maritime Domain Awareness System to Egypt. Unlike the disruptions in supply chains, which led to extended lead and delivery time of coastal surveillance radar in 2020, the coastal surveillance radar market players managed to meet the stipulated lead and delivery timeline from Q1 of 2021.       

Middle East and Africa Coastal Surveillance Radar Strategic Insights

Strategic insights for the Middle East and Africa Coastal Surveillance Radar provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

Middle East and Africa Coastal Surveillance Radar Report Scope

Middle East and Africa Coastal Surveillance Radar Regional Insights

The geographic scope of the Middle East and Africa Coastal Surveillance Radar refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

The coastal surveillance radar market in MEA is expected to grow from US$ 95.86 million in 2021 to US$ 122.20 million by 2028; it is estimated to grow at a CAGR of 3.5% from 2021 to 2028. The Middle Eastern region is already facing high political tensions and is subject to many extremist activities. As countries have fortified their land borders by increasing military strengths and adopting modern warfare instruments, sea and waterways have remained weaker nodes on the national security front. Most extremist groups or unsocial activist groups have targeted penetration into the countries via waterways. Further, the oil-rich nations have their economies mostly dependent on the oil & gas produced. These oil & gas platforms are established in between the desserts of the Middle Eastern region or on the sea costs. The coastal oil & gas platforms are highly susceptible to threats such as intrusion, explosions, and oil spills. The security of the employees at such places is also put to risk. For aversion to these mishaps, installing a coastal surveillance radar system becomes imminent in these countries. For instance, in October 2020, Egypt procured Maritime Domain Awareness System from US Firm for US$ 417 million. These investments across the region to ensure safety across coastlines are expected to contribute to the growth of the coastal surveillance radar market.       

Key Market Segments

MEA coastal surveillance radar market is segmented into band type, platform, end user and country. Based on band type, the MEA coastal surveillance radar market is segmented into X-band, S-band, X and S-band, and others. The X-band segment led the market in 2021. Based on platform, the MEA coastal surveillance radar market is segmented into shipborne, land based, airborne. Land based segment led the market in 2021. Based on end user, the MEA coastal surveillance radar market is segmented into ports, harbor, & oil and gas industry and maritime patrol agencies. Maritime patrol agencies segment led the market in 2021. Based on country, the MEA coastal surveillance radar market is segmented into Based on country, the MEA coastal surveillance radar market is segmented into Saudi Arabia, South Africa, UAE, and rest of MEA. Rest of MEA held the largest market share in 2021.    

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the coastal surveillance radar market in MEA are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Accipiter Radar Technologies Inc; ASELSAN A.?; Blighter Surveillance Systems Ltd; Easat Radar Systems Limited; Elbit Systems Ltd.; GEM elettronica; HENSOLDT; Israel Aerospace Industries Ltd.; L3Harris Technologies, Inc.; Raytheon Technologies Corporation; Teledyne FLIR LLC; Terma A/S; and Thales Group.          

Reasons to buy report

• To understand the MEA coastal surveillance radar market landscape and identify market segments that are most likely to guarantee a strong return.
• Stay ahead of the race by comprehending the ever-changing competitive landscape for MEA coastal surveillance radar market.
• Efficiently plan M&A and partnership deals in MEA coastal surveillance radar market by identifying market segments with the most promising probable sales.
• Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form MEA coastal surveillance radar market.
• Obtain market revenue forecast for market by various segments from 2021-2028 in MEA region.

MEA

Coastal Surveillance Radar Market

Segmentation

MEA Coastal

Surveillance Radar

Market -

By Band Type

• X-Band
• S-Band
• X and S-Band
• Others

MEA Coastal Surveillance Radar Market - By

Platform

• Ship Borne
• Land Based
• Airborne

MEA Coastal Surveillance Radar Market - By End User

• Ports Harbour Oil & Gas Companies
• Maritime Patrol Agencies

MEA Coastal Surveillance Radar Market - By Country

• Saudi Arabia
• South Africa
• UAE
• Rest of MEA

MEA Coastal Surveillance Radar Market - Company Profiles 

• ASELSAN A.?
• Elbit Systems Ltd.
• HENSOLDT
• Israel Aerospace Industries Ltd.
• L3Harris Technologies, Inc.
• Raytheon Technologies Corporation
• Teledyne FLIR LLC
• Terma A/S
• Thales Group