The coronavirus crisis has altered the way the global society functions. Since an increasing number of people are spending their time at home, people are becoming conscious about the safety of family members. This is anticipated to boost the sales of security radar devices in home settings. Companies in the security radar devices market are leveraging this opportunity to increase the availability of systems even in commercial spaces to restrict the unauthorized entry of individuals.
Due to political and trade conflicts among countries during the pandemic, companies in the security radar devices market are boosting their R&D muscle to develop systems that reduce the vulnerability of defense organizations. As such, an overall slowdown in revenue flow of the global economy is expected to affect the sales of devices.
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The surveillance radar technology is growing prominent at airports. These solutions help to provide detection beyond a perimeter. However, one disadvantage to the radar technology is the need for the line-of-sight of an object. Similar to a camera, the radar technology can have difficulty in detecting and tracking objects through buildings, largely uneven terrain and dense foliage. Hence, companies are creating awareness about the use of the radar technology in environments with lots of open spaces. In order to offset for line-of-sight blockages, radars can be positioned at adequate heights and at specific angles to provide coverage.
The security radar devices market is undergoing a significant change with technology that is capable of detecting threats prior to the threat or intruder reaching the perimeter of the airport.
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The security radar devices market is expected to reach the valuation of US$ 935.6 Mn by 2031. InnoSenT - one of the leading radar technology companies is offering its sensor solutions for the security of buildings, installations, outdoor, and danger areas. Manufacturers are increasing the availability of devices that are weather-resistant, insensitive to light, and maintenance-free.
Companies in the security radar devices market are designing systems that can easily combine with other sensors. They are innovating in devices that provide a comprehensive information pertaining to the classification of objects and precise positioning of objects.
The security radar devices market is slated to register a modest CAGR of 5.4% during the forecast period. Hangzhou Hikvision Digital Technology Co., Ltd. - a Chinese state-owned manufacturer and supplier of video surveillance equipment for civilian and military purposes, is providing its security radar devices that accurately pinpoint the location and motion trail of up to 32 potential intruders per radar.
Manufacturers in the security radar devices market are developing systems that are ideal for monitoring large, exposed spaces with harsh weather and in cases where the perimeter environment is too complex for the deployment of only video surveillance cameras. Wide detection angle and ultra-accurate intruder detection features are preferred in security radar devices.
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Analysts’ Viewpoint
eCommerce and online sales have been rapidly expanding during the COVID-19 pandemic. Cutting-edge security radar devices are capable of pinpointing the exact position of potential intruders with the help of the digital beam forming technology and the intelligent analysis algorithm. However, the radar technology does not provide visual verification of alarms. Hence, companies in the security radar devices market should educate users at airports and other sectors to integrate radar with video cameras to create a more complete surveillance capability. With the help of this technique, the radar detects targets at long ranges and then automatically slews a camera to the target for visual verification of what the radar has detected.
Security Radar Device Market – Segmentation
TMR’s study of the global security radar device market segments are based on application and region. Changing market trends and other crucial market dynamics associated with segments of the global security radar device market have been discussed in detail in TMR’s study.
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Security Radar Device Market is projected to reach US $935.6 Mn by 2031
Security Radar Device Market is expected to grow at a CAGR of 5.4% during 2021-2031
Security Radar Device Market is studied from 2021-2031
Key vendors in the Security Radar Device Market are Axis Communications AB, Hangzhou Hikvision Digital Technology Co. Ltd., Honeywell International Inc., Kelvin Hughes limited, Dahua Technology Co., Ltd, Avigilon Corporation, and Sensurity Ltd.
North America region Takes Lead in the Security Radar Device Market
1. Global Security Radar Device Market - Executive Summary
1.1. Global Security Radar Device Market Country Analysis
1.2. Competition Blueprint
1.3. Type Time Line Mapping
1.4. TMR Analysis and Recommendations
2. Market Overview
2.1. Market Introduction
2.2. Market Definition
2.3. Market Taxonomy
3. Market Dynamics
3.1. Macro-economic Factors
3.2. Drivers
3.2.1. Economic Drivers
3.2.2. Supply Side Drivers
3.2.3. Demand Side Drivers
3.3. Market Restraints
3.4. Market Trends
3.5. Trend Analysis- Impact on Time Line (2021-2031)
3.6. Key Regulations By Regions
4. Associated Industry and Key Indicator Assessment
4.1. Parent Industry Overview
4.2. Supply Chain Analysis
4.2.1. Profitability and Gross Margin Analysis, by Competition
4.2.2. List of Active Participants- By Region
4.2.2.1. Raw Digital Technology Suppliers
4.2.2.2. Key Manufacturers
4.2.2.3. Integrators
4.2.2.4. Key Distributor/Retailers
4.3. Type Roadmap Analysis
4.4. Porter Five Forces Analysis
5. Global Security Radar Device Market Analysis and Forecast
5.1. Market Size Analysis (2017-2019) and Forecast (2021-2031)
5.1.1. Market Value (US$ Mn) and Y-o-Y Growth
5.2. Global Security Radar Device Market Scenario Forecast (Optimistic, Likely and Conservative Market Conditions)
5.2.1. Forecast Factors and Relevance of Impact
5.2.2. Regional Digital Signage Market Business Performance Summary
6. Global Security Radar Device Market Analysis, by Application
6.1. Introduction
6.1.1. Y-o-Y Growth Comparison By Application
6.2. Security Radar Device Market Size (US$ Mn) Analysis & Forecast, by Application, 2017-2031
6.2.1. Residential
6.2.2. Commercial
6.2.3. Industrial
6.2.3.1. Warehouses
6.2.3.2. Factories
6.2.4. Defense
6.2.4.1. Land Based
6.2.4.2. Airborne
6.2.4.3. Maritime
6.3. Market Attractiveness Analysis, by Application
7. Global Security Radar Device Market Analysis and Forecast, by Region
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis, by Region
7.2. Security Radar Device Market Size (US$ Mn) Analysis & Forecast, by Region, 2017-2031
7.2.1. North America
7.2.2. Europe
7.2.3. Asia Pacific
7.2.4. Middle East & Africa
7.2.5. South America
7.3. Market Attractiveness Analysis, by Region
8. North America Security Radar Device Market Analysis and Forecast
8.1. Introduction
8.2. Drivers and Restraints: Impact Analysis
8.3. North America Security Radar Device Market Size (US$ Mn) Analysis & Forecast, by Application, 2017-2031
8.3.1. Residential
8.3.2. Commercial
8.3.3. Industrial
8.3.3.1. Warehouses
8.3.3.2. Factories
8.3.4. Defense
8.3.4.1. Land Based
8.3.4.2. Airborne
8.3.4.3. Maritime
8.4. North America Security Radar Device Market Size (US$ Mn) Analysis & Forecast, by Country & Sub-region, 2017-2031
8.4.1. U.S.
8.4.2. Canada
8.4.3. Mexico
8.5. North America Market Attractiveness Analysis
8.5.1. Application
8.5.2. Country & Sub-region
9. Europe Security Radar Device Market Analysis and Forecast
9.1. Introduction
9.2. Drivers and Restraints: Impact Analysis
9.3. Europe Security Radar Device Market Size (US$ Mn) Analysis & Forecast, by Application, 2017-2031
9.3.1. Residential
9.3.2. Commercial
9.3.3. Industrial
9.3.3.1. Warehouses
9.3.3.2. Factories
9.3.4. Defense
9.3.4.1. Land Based
9.3.4.2. Airborne
9.3.4.3. Maritime
9.4. Europe Security Radar Device Market Size (US$ Mn) Analysis & Forecast, by Country & Sub-region, 2017-2031
9.4.1. U.K.
9.4.2. Germany
9.4.3. France
9.4.4. Italy
9.4.5. Russia
9.4.6. Rest of Europe
9.5. Europe Market Attractiveness Analysis
9.5.1. Application
9.5.2. Country & Sub-region
10. Asia Pacific Security Radar Device Market Analysis and Forecast
10.1. Introduction
10.2. Drivers and Restraints: Impact Analysis
10.3. Asia Pacific Security Radar Device Market Size (US$ Mn) Analysis & Forecast, by Application, 2017-2031
10.3.1. Residential
10.3.2. Commercial
10.3.3. Industrial
10.3.3.1. Warehouses
10.3.3.2. Factories
10.3.4. Defense
10.3.4.1. Land Based
10.3.4.2. Airborne
10.3.4.3. Maritime
10.4. Asia Pacific Security Radar Device Market Size (US$ Mn) Analysis & Forecast, by Country & Sub-region, 2017-2031
10.4.1. China
10.4.2. India
10.4.3. Japan
10.4.4. South Korea
10.4.5. ASEAN
10.4.6. Rest of Asia Pacific
10.5. Asia Pacific Market Attractiveness Analysis
10.5.1. Application
10.5.2. Country & Sub-region
11. Middle East & Africa (MEA) Security Radar Device Market Analysis and Forecast
11.1. Introduction
11.2. Drivers and Restraints: Impact Analysis
11.3. Middle East & Africa Security Radar Device Market Size (US$ Mn) Analysis & Forecast, by Application, 2017-2031
11.3.1. Residential
11.3.2. Commercial
11.3.3. Industrial
11.3.3.1. Warehouses
11.3.3.2. Factories
11.3.4. Defense
11.3.4.1. Land Based
11.3.4.2. Airborne
11.3.4.3. Maritime
11.4. Middle East & Africa Security Radar Device Market Size (US$ Mn) Analysis & Forecast, by Country & Sub-region, 2017-2031
11.4.1. GCC
11.4.2. South Africa
11.4.3. North Africa
11.4.4. Rest of Middle East & Africa
11.5. Middle East & Africa Market Attractiveness Analysis
11.5.1. Application
11.5.2. Country & Sub-region
12. South America Security Radar Device Market Analysis and Forecast
12.1. Introduction
12.2. Drivers and Restraints: Impact Analysis
12.3. South America Security Radar Device Market Size (US$ Mn) Analysis & Forecast, by Application, 2017-2031
12.3.1. Residential
12.3.2. Commercial
12.3.3. Industrial
12.3.3.1. Warehouses
12.3.3.2. Factories
12.3.4. Defense
12.3.4.1. Land Based
12.3.4.2. Airborne
12.3.4.3. Maritime
12.4. South America Security Radar Device Market Size (US$ Mn) Analysis & Forecast, by Country & Sub-region, 2017-2031
12.4.1. Brazil
12.4.2. Argentina
12.4.3. Rest of South America
12.5. South America Market Attractiveness Analysis
12.5.1. Application
12.5.2. Country & Sub-region
13. Competition Assessment
13.1. Global Security Radar Device Market Competition - a Dashboard View
13.2. Global Security Radar Device Market Structure Analysis
13.3. Global Security Radar Device Market Company Share Analysis, by Value (2020)
13.4. Key Participants Market Presence (Intensity Mapping) by Region
14. Competition Deep-dive (Manufacturers/Suppliers)
14.1. Easat Radar Systems Limited
14.1.1. Overview
14.1.2. Product Portfolio
14.1.3. Sales Footprint
14.1.4. Channel Footprint
14.1.4.1. Distributors List
14.1.5. Strategy Overview
14.1.5.1. Marketing Strategy
14.1.5.2. Culture Strategy
14.1.5.3. Channel Strategy
14.1.6. SWOT Analysis
14.1.7. Financial Analysis
14.1.8. Revenue Share
14.1.8.1. By Region
14.1.9. Key Clients
14.1.10. Analyst Comments
14.2. Axis Communications AB
14.2.1. Overview
14.2.2. Product Portfolio
14.2.3. Sales Footprint
14.2.4. Channel Footprint
14.2.4.1. Distributors List
14.2.5. Strategy Overview
14.2.5.1. Marketing Strategy
14.2.5.2. Culture Strategy
14.2.5.3. Channel Strategy
14.2.6. SWOT Analysis
14.2.7. Financial Analysis
14.2.8. Revenue Share
14.2.8.1. By Region
14.2.9. Key Clients
14.2.10. Analyst Comments
14.3. Hangzhou Hikvision Digital Technology Co. Ltd.
14.3.1. Overview
14.3.2. Product Portfolio
14.3.3. Sales Footprint
14.3.4. Channel Footprint
14.3.4.1. Distributors List
14.3.5. Strategy Overview
14.3.5.1. Marketing Strategy
14.3.5.2. Culture Strategy
14.3.5.3. Channel Strategy
14.3.6. SWOT Analysis
14.3.7. Financial Analysis
14.3.8. Revenue Share
14.3.8.1. By Region
14.3.9. Key Clients
14.3.10. Analyst Comments
14.4. Israel aerospace industries
14.4.1. Overview
14.4.2. Product Portfolio
14.4.3. Sales Footprint
14.4.4. Channel Footprint
14.4.4.1. Distributors List
14.4.5. Strategy Overview
14.4.5.1. Marketing Strategy
14.4.5.2. Culture Strategy
14.4.5.3. Channel Strategy
14.4.6. SWOT Analysis
14.4.7. Financial Analysis
14.4.8. Revenue Share
14.4.8.1. By Region
14.4.9. Key Clients
14.4.10. Analyst Comments
14.5. Blighter Surveillance Systems
14.5.1. Overview
14.5.2. Product Portfolio
14.5.3. Sales Footprint
14.5.4. Channel Footprint
14.5.4.1. Distributors List
14.5.5. Strategy Overview
14.5.5.1. Marketing Strategy
14.5.5.2. Culture Strategy
14.5.5.3. Channel Strategy
14.5.6. SWOT Analysis
14.5.7. Financial Analysis
14.5.8. Revenue Share
14.5.8.1. By Region
14.5.9. Key Clients
14.5.10. Analyst Comments
14.6. Kelvin Hughes limited
14.6.1. Overview
14.6.2. Product Portfolio
14.6.3. Sales Footprint
14.6.4. Channel Footprint
14.6.4.1. Distributors List
14.6.5. Strategy Overview
14.6.5.1. Marketing Strategy
14.6.5.2. Culture Strategy
14.6.5.3. Channel Strategy
14.6.6. SWOT Analysis
14.6.7. Financial Analysis
14.6.8. Revenue Share
14.6.8.1. By Region
14.6.9. Key Clients
14.6.10. Analyst Comments
14.7. BAE Systems plc
14.7.1. Overview
14.7.2. Product Portfolio
14.7.3. Sales Footprint
14.7.4. Channel Footprint
14.7.4.1. Distributors List
14.7.5. Strategy Overview
14.7.5.1. Marketing Strategy
14.7.5.2. Culture Strategy
14.7.5.3. Channel Strategy
14.7.6. SWOT Analysis
14.7.7. Financial Analysis
14.7.8. Revenue Share
14.7.8.1. By Region
14.7.9. Key Clients
14.7.10. Analyst Comments
14.8. Defense Research and Development Organisation
14.8.1. Overview
14.8.2. Product Portfolio
14.8.3. Sales Footprint
14.8.4. Channel Footprint
14.8.4.1. Distributors List
14.8.5. Strategy Overview
14.8.5.1. Marketing Strategy
14.8.5.2. Culture Strategy
14.8.5.3. Channel Strategy
14.8.6. SWOT Analysis
14.8.7. Financial Analysis
14.8.8. Revenue Share
14.8.8.1. By Region
14.8.9. Key Clients
14.8.10. Analyst Comments
14.9. Tata Advanced System Ltd
14.9.1. Overview
14.9.2. Product Portfolio
14.9.3. Sales Footprint
14.9.4. Channel Footprint
14.9.4.1. Distributors List
14.9.5. Strategy Overview
14.9.5.1. Marketing Strategy
14.9.5.2. Culture Strategy
14.9.5.3. Channel Strategy
14.9.6. SWOT Analysis
14.9.7. Financial Analysis
14.9.8. Revenue Share
14.9.8.1. By Region
14.9.9. Key Clients
14.9.10. Analyst Comments
14.10. TERMA
14.10.1. Overview
14.10.2. Product Portfolio
14.10.3. Sales Footprint
14.10.4. Channel Footprint
14.10.4.1. Distributors List
14.10.5. Strategy Overview
14.10.5.1. Marketing Strategy
14.10.5.2. Culture Strategy
14.10.5.3. Channel Strategy
14.10.6. SWOT Analysis
14.10.7. Financial Analysis
14.10.8. Revenue Share
14.10.8.1. By Region
14.10.9. Key Clients
14.10.10. Analyst Comments
15. Recommendation- Critical Success Factors
16. Research Methodology
17. Assumptions & Acronyms Used
List of Tables
Table 01: Global Security Radar Device Market Size (US$ Mn) Forecast, by Application, 2017 – 2031
Table 02: Global Security Radar Device Market Size (US$ Mn) Forecast, by Region, 2017 – 2031
Table 03: North America Security Radar Device Market Size (US$ Mn) Forecast, by Application, 2017 – 2031
Table 04: North America Security Radar Device Market Size (US$ Mn) Forecast, by Country, 2017 – 2031
Table 05: Europe Security Radar Device Market Size (US$ Mn) Forecast, by Application, 2017 – 2031
Table 06: Europe Security Radar Device Market Size (US$ Mn) Forecast, by Country & Sub-region, 2017 – 2031
Table 07: Asia Pacific Security Radar Device Market Size (US$ Mn) Forecast, by Application, 2017 – 2031
Table 08: Asia Pacific Security Radar Device Market Size (US$ Mn) Forecast, by Region, 2017 – 2031
Table 09: Middle East & Africa (MEA) Security Radar Device Market Size (US$ Mn) Forecast, by Application, 2017 – 2031
Table 10: Middle East & Africa (MEA) Security Radar Device Market Size (US$ Mn) Forecast, by Country & Sub-region, 2017 – 2031
Table 11: South America Security Radar Device Market Size (US$ Mn) Forecast, by Application, 2017 – 2031
Table 12: South America Security Radar Device Market Size (US$ Mn) Forecast, by Country & Sub-region, 2017 – 2031
List of Figures
Figure 01: Global Security Radar Device Market Value (USD Mn) Forecast, 2021–2031
Figure 02: Global Security Radar Device Market Revenue Projection and Y-o-Y Growth, 2017-2031 (US$ Mn)
Figure 03: Global Security Radar Device Market Value Share Analysis, by Application, 2021 and 2031
Figure 04: Global Security Radar Device Market Attractiveness Analysis, by Application
Figure 05: Segment Compounded Growth Matrix (CAGR %)
Figure 06: Global Security Radar Device Market Value Share Analysis, by Region, 2021 and 2031
Figure 07: Global Security Radar Device Market Attractiveness Analysis, by Application
Figure 08: Segment Compounded Growth Matrix (CAGR %)
Figure 09: North America Security Radar Device Market Value Share Analysis, by Application, 2021 and 2031
Figure 10: North America Security Radar Device Market Value Share Analysis, by Country, 2021 and 2031
Figure 11: North America Security Radar Device Market Attractiveness Analysis, by Application
Figure 12: North America Security Radar Device Market Attractiveness Analysis, by Country
Figure 13: Europe Security Radar Device Market Value Share Analysis, by Application, 2021 and 2031
Figure 14: Europe Security Radar Device Market Value Share Analysis, by Country & Sub-region, 2021 and 2031
Figure 15: Europe Security Radar Device Market Attractiveness Analysis, by Application
Figure 16: Europe Security Radar Device Market Attractiveness Analysis, by Country & Sub-region
Figure 17: Asia Pacific Security Radar Device Market Value Share Analysis, by Application, 2021 and 2031
Figure 18: Asia Pacific Security Radar Device Market Value Share Analysis, by Country & Sub-region, 2021 and 2031
Figure 19: Asia Pacific Security Radar Device Market Attractiveness Analysis, by Application
Figure 20: Asia Pacific Security Radar Device Market Attractiveness Analysis, by Country & Sub-region
Figure 21: Middle East & Africa (MEA) Security Radar Device Market Value Share Analysis, by Application, 2021 and 2031
Figure 22: Middle East & Africa (MEA) Security Radar Device Market Value Share Analysis, by Country & Sub-region, 2021 and 2031
Figure 23: Middle East & Africa (MEA) Security Radar Device Market Attractiveness Analysis, by Application
Figure 24: Middle East & Africa (MEA) Security Radar Device Market Attractiveness Analysis, by Country & Sub-region
Figure 25: South America Security Radar Device Market Value Share Analysis, by Application, 2021 and 2031
Figure 26: South America Security Radar Device Market Value Share Analysis, by Country & Sub-region, 2021 and 2031
Figure 27: South America Security Radar Device Market Attractiveness Analysis, by Application
Figure 28: South America Security Radar Device Market Attractiveness Analysis, by Country & Sub-region
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Security Radar Device Market Growth, Forecast 2021-2031
*86 figures and 60 tables includes