Middle East & Africa Naval System Surveillance Radar Market

Historic Data: 2020-2021   |   Base Year: 2022   |   Forecast Period: 2023-2028

Analysis– by Type (X-band and Ku-band, L-Band and S-band, and Others) and Application (Weapon Guidance System and Surveillance)


No. of Pages: 128    |    Report Code: BMIRE00027253    |    Category: Aerospace and Defense

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Middle East & Africa Naval System Surveillance Radar Market

The naval system surveillance radar market in Middle East & Africa is expected to grow from US$ 386.99 million in 2022 to US$ 491.27 million by 2028. It is estimated to grow at a CAGR of 4.1% from 2022 to 2028.

 

Growing Importance of Naval Surveillance Systems

 

The days of monitoring coastline and submarine solely with human eyes, hoping to detect repeat offenders and known criminals using sometimes-out-of-date paper, are long gone (although still a vital part of the effort). Satellites and sensor-equipped unmanned aerial vehicles (UAVs), ships, boats, and naval ports constantly monitor the country's borders and coastlines. The rapidly growing need for interdiction, the wide range of sensors and platforms currently in use or planned, and the dozens of local, state, and federal agencies involved have all increased the need for shared intelligence at all levels via real-time networks, advanced communications systems, and artificial intelligence (AI). Further, refugee ships are currently one of the most pressing issues on the high seas, so the naval surveillance operations are critical for ensuring that all activities on the seas or oceans are conducted securely and that national and international security is not harmed. Additionally, the MEA naval system surveillance radar market is driven by increasing marine safety and national safety awareness and an increase in trade and freight transport activities by the sea. Furthermore, increasing security concerns, rapid development in international marine trade, and regulatory compliance for maritime trade contribute to naval system surveillance radar market growth. Thus, implementing various rules and regulations for the better integration and regulation of maritime advanced security and surveillance system boosts the MEA naval system surveillance radar market growth.

 

Market Overview

South Africa, Saudi Arabia, the UAE, and the rest of the Middle East & Africa are the key contributors to the naval system surveillance radar market in the Middle East & Africa. According to data published by SIPRI in 2021, the military expenditure in the Middle East reached US$ 186 billion and US$ 39.7 billion in Africa. Further, Turkey, Israel, Iran, and Algeria are prominent military spenders after Saudi Arabia across the Middle East region. Thus, military spending is increasing the demand for various surveillance systems used for naval applications, thereby driving the growth of the naval system surveillance radar market. The MEA is witnessing moderate growth in the MEA naval system surveillance radar market due to moderate implementation of the radar system and limited adoption of advanced naval technologies. However, the increasing awareness of radar systems and associated benefits in the navy sectors is supporting the growth of the MEA naval system surveillance radar market across the region. For instance, Naval Group, a French shipyard, unveiled Bani Yas, the first of two new Gowind 2500 corvettes for the UAE Navy, in December 2021. The second ship will be launched in 2022, and both will be commissioned within six months. Adding a new ship or boat to the naval force can drive the naval system surveillance radar demand. Further, the Middle East is witnessing various conflicts between countries such as Saudi Arabia, Syria, Iran, and Iraq, leading to an increase in the import of arms and ammunition in the region. As a result, the demand for surveillance systems is increasing to protect borders from cross-border conflicts. Moreover, Disputes in the Gulf and the wider Middle East have been the main motivation of increased defense spending and efforts to improve naval capability in recent years. Thus, such disputes between the countries are driving the growth of the MEA naval system surveillance radar market in the region.

 

 Middle East & Africa Naval System Surveillance Radar Market Revenue and Forecast to 2028 (US$ Million)

 Middle East & Africa Naval System Surveillance Radar Market Revenue and Forecast to 2028 (US$ Million)
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Middle East & Africa Naval System Surveillance Radar Strategic Insights

Strategic insights for the Middle East & Africa Naval System 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.

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Middle East & Africa Naval System Surveillance Radar Report Scope

Report Attribute Details
Market size in 2022 US$ 386.99 Million
Market Size by 2028 US$ 491.27 Million
Global CAGR (2022 - 2028) 4.1%
Historical Data 2020-2021
Forecast period 2023-2028
Segments Covered By Type
  • X-band and Ku-band
  • L-Band and S-band
By Application
  • Weapon Guidance System and Surveillance
Regions and Countries Covered Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • BAE Systems.
  • HENSOLDT.
  • Israel Aerospace Industries Ltd.
  • Leonardo S.p.a.
  • Lockheed Martin Corporation.
  • Northrop Grumman Corporation.
  • Raytheon Technologies Corporation.
  • Saab AB.
  • Thales Group.
  • Ultra.
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    Middle East & Africa Naval System Surveillance Radar Regional Insights

    The geographic scope of the Middle East & Africa Naval System 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.

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    Middle East & Africa Naval System Surveillance Radar Market Segmentation

     

    The Middle East & Africa naval system surveillance radar market is segmented into type, application, and country.

    • Based on type, the market is segmented into x-band and ku-band, l-band and s-band, and others. The x-band and ku-band segment registered the largest market share in 2022.
    • Based on application, the market is bifurcated into weapon guidance system and surveillance. The surveillance segment held a larger market share in 2022.
    • Based on country, the market is segmented into South Africa, Saudi Arabia, UAE, and Rest of MEA. Rest of MEA dominated the market share in 2022.

    Lockheed Martin Corporation; Northrop Grumman Corporation; Raytheon Technologies Corporation; Saab AB; Thales Group; BAE Systems; Israel Aerospace Industries Ltd; Leonardo S.p.a; Ultra; and HENSOLDT. are the leading companies operating in the Middle East & Africa naval system surveillance radar market in the region.   

    The List of Companies - Middle East & Africa Naval System Surveillance Radar Market

    1. BAE Systems.
    2. HENSOLDT.
    3. Israel Aerospace Industries Ltd.
    4. Leonardo S.p.a.
    5. Lockheed Martin Corporation.
    6. Northrop Grumman Corporation.
    7. Raytheon Technologies Corporation.
    8. Saab AB.
    9. Thales Group.
    10. Ultra.
    Frequently Asked Questions
    How big is the Middle East & Africa Naval System Surveillance Radar Market?

    The Middle East & Africa Naval System Surveillance Radar Market is valued at US$ 386.99 Million in 2022, it is projected to reach US$ 491.27 Million by 2028.

    What is the CAGR for Middle East & Africa Naval System Surveillance Radar Market by (2022 - 2028)?

    As per our report Middle East & Africa Naval System Surveillance Radar Market, the market size is valued at US$ 386.99 Million in 2022, projecting it to reach US$ 491.27 Million by 2028. This translates to a CAGR of approximately 4.1% during the forecast period.

    What segments are covered in this report?

    The Middle East & Africa Naval System Surveillance Radar Market report typically cover these key segments-

  • Type (X-band and Ku-band, L-Band and S-band)
  • Application (Weapon Guidance System and Surveillance)
  • What is the historic period, base year, and forecast period taken for Middle East & Africa Naval System Surveillance Radar Market?

    The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Middle East & Africa Naval System Surveillance Radar Market report:

  • Historic Period : 2020-2021
  • Base Year : 2022
  • Forecast Period : 2023-2028
  • Who are the major players in Middle East & Africa Naval System Surveillance Radar Market?

    The Middle East & Africa Naval System Surveillance Radar Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:

  • BAE Systems.
  • HENSOLDT.
  • Israel Aerospace Industries Ltd.
  • Leonardo S.p.a.
  • Lockheed Martin Corporation.
  • Northrop Grumman Corporation.
  • Raytheon Technologies Corporation.
  • Saab AB.
  • Thales Group.
  • Ultra.
  • Who should buy this report?

    The Middle East & Africa Naval System Surveillance Radar Market report is valuable for diverse stakeholders, including:

    • Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
    • Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
    • Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
    • Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
    • Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.

    Essentially, anyone involved in or considering involvement in the Middle East & Africa Naval System Surveillance Radar Market value chain can benefit from the information contained in a comprehensive market report.