North America Coastal Surveillance Radar Market

Market Introduction

North America is sub segmented into the US, Canada, and Mexico. North America has a matured defense market. The US and Canada are powerful nations in terms of defensive power and have stamped their authorities across the globe. All the North American countries have huge budgets allocated for their respective defense departments. The US has increased its military and defense spending to enhance the old equipment and procure advanced equipment for its future endeavors. The North American continent boasts of a huge coastline that is approximately close to 8.5 lakh miles. Such a long coastline sets up huge potentials for deploying coastal surveillance radar systems in the region. Moreover, the governments of North American countries such as the US and Canada tend to spend healthy amounts on the defense budgets to remain the supreme powers provides good opportunities for the market players providing coastal surveillance radar systems.

The coastal surveillance radar system in North America is being used for various applications such as maritime security from foreign intrusions, anti-piracy & counter-terrorism, port security, vessel traffic management on the long coastlines, and drug trafficking. Drug trafficking has experienced a substantial rise over the years across the southern part of North America. The land border between the US and Mexico has been strengthened by taking various measures by the defense forces. Therefore, the intruders have adopted the sea route for drug trafficking purposes. In a bid to take measures against the illegal activities carried through the waterways, the US and Mexican governments have forged a partnership in an agreement to intercede shipments of cocaine in the Pacific Ocean. Due to this agreement, the coastal surveillance radars are expected to be highly adopted as they can be put to greater use in accordance with the underlying drug trafficking problem across North American countries.

During the initial phases of the COVID-19 outbreak, many manufacturing units were shut or they were operating with a limited workforce. Moreover, restriction on travel led to disrupted supply of components and raw materials. These were among the major challenges faced by radar manufacturers in North America. However, defense-related manufacturers were allowed to continue their operations, and the governments also continued to provide aid to defense contractors. For instance, in 2020, the Federal Aviation Administration awarded NDI Recognition Systems for the second surveillance system after the successful delivery of the first—NDI Remote Surveillance System-Maritime—to the Department of Homeland Security’s Customs and Border Protection unit. Post experiencing a marginal drop in revenues, the coastal surveillance radar manufacturers started witnessing stable demand from the Q3 of 2020, which led the coastal surveillance radar market toward a positive growth trend.    

North America Coastal Surveillance Radar Strategic Insights

Strategic insights for the North America 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.

North America Coastal Surveillance Radar Report Scope

North America Coastal Surveillance Radar Regional Insights

The geographic scope of the North America 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 North America is expected to grow from US$ 269.77 million in 2021 to US$ 390.38 million by 2028; it is estimated to grow at a CAGR of 5.4% from 2021 to 2028. Illegal immigration is another undying problem that North American countries have been experiencing for a long period. A long coastline to the continent makes it further vulnerable to the growing problem of illegal immigrants as the breaches for illegal immigrations have been increasingly witnessed via the sea routes. Most immigrants from South America have been penetrating the US via Mexico. Accordingly, the North American Maritime Security Initiative (NAMSI) has established a forum to improve maritime security along the coast from the Northern part of Alaska to the southernmost tip of Mexico. Thus, the use of coastal surveillance radars for combating the issue of illegal immigration could be very useful in North America. Also, fishing and other activities on the seacoasts are carried out in large volumes in the entire North American region. The safety of employees can be achieved at the fishing farms using coastal surveillance radars. Oil & gas extraction is another major industry in the North American continent, especially in the US. The extreme weather conditions and the need to prevent any occurrence of accidents with the put-of-control vessels at the oil & gas platforms provide high potentials for the usage of coast surveillance radars, thereby contributing to the growth of the market.   

Key Market Segments

North America coastal surveillance radar market is segmented into band type, platform, end user and country. Based on band type, the North America 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 North America coastal surveillance radar market is segmented into shipborne, land based, airborne. Land based segment led the market in 2021. Based on end user, the North America 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 North America coastal surveillance radar market is segmented into US, Canada, and Mexico. US 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 North America 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; Elbit Systems Ltd.; 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 North America 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 North America coastal surveillance radar market.
• Efficiently plan M&A and partnership deals in North America 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 North America coastal surveillance radar market.
• Obtain market revenue forecast for market by various segments from 2021-2028 in North America region.

North America

Coastal Surveillance Radar Market

Segmentation

North America Coastal

Surveillance Radar

Market -

By Band Type

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

North America Coastal Surveillance Radar Market - By

Platform

• Ship Borne
• Land Based
• Airborne

North America Coastal Surveillance Radar Market - By End User

• Ports Harbour Oil & Gas Companies
• Maritime Patrol Agencies

North America Coastal Surveillance Radar Market - By Country

• US
• Canada
• Mexico

North America Coastal Surveillance Radar Market - Company Profiles 

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