When it comes to commercial marine, maritime safety and efficiency are critical. As a result, the segment dominates in terms of application, and this position is expected to hold throughout the report’s prediction period. Furthermore, the rising military and naval applications will assist market participants in maintaining a solid foothold.
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Key Companies
- Lockheed Martin Corporation
- Northrop Grumman Corporation
- Raytheon Company
- Saab AB
- Japan Radio Co Ltd
- BAE Systems
- FLIR Systems
- Navico Group As
- GEM Elettronica
- HENSOLDT U.K.
- Koden Electronics Co. Ltd
- Rutter Inc.
Key Segments
Product Type
- X Band Radars
- S Band Radars
Application
- Merchant Marine
- Fishing Vessels
- Yacht/Recreational
- Military/Naval
Region
- North America
- Latin America
- Europe
- East Asia
- South Asia & Pacific
- Middle East & Africa
For instance:
- ESROE distinguishes itself as a provider of cutting-edge software for radar signal identification and tracking. Their artificial intelligence software system enhances radar identification capabilities, offering precise analysis and processing algorithms for radar and electronic surveillance systems.
- LAMSERMAR specializes in radar-based sensors tailored for various marine applications. Their product range includes radar systems and software designed for monitoring coastal areas, marine environments, and vessel navigation. With offerings such as control units, slotted arrays, parabolic antennas, and vessel traffic service solutions, LAMSERMAR caters to diverse needs within the maritime industry.
- June 2022 marked significant milestones for defense technology giants as Raytheon Technologies and Lockheed Martin unveiled groundbreaking initiatives.Raytheon Technologies made headlines with the announcement of its decision to establish its global headquarters office in Arlington, Virginia. This strategic move underscores the company’s commitment to centralizing its operations and fostering closer collaboration within its global network.
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