South America Coastal Surveillance Radar Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Band Type (X-Band, S-Band, X and S-Band, and Others), Platform (Ship Borne, Land Based, and Airborne), and End User (Ports Harbor Oil and Gas Companies, and Maritime Patrol Agencies)
Market Introduction
The South American economy is facing a lot of instability in the current times and poses a challenge to the developing economies. Yet, the growing share of the middle class in the region is expected to positively impact the growth of the military & defense sector in South America. Also, the governments of various countries in South America are investing the additional budget in defense to strengthen the military forces and safeguard their nations from any external threat. South American countries too are equipped with lengthier coastlines, and their coasts are anticipated to be the nodes of economic growth of the countries. South American countries are involved in trading several raw materials to the other parts of the world. Therefore, the ports, harbors, and coasts of the region play a vital role in defining the economy of the entire region. The security environment in South America and the Caribbean is characterized by complex, diverse, and non-traditional challenges.
Brazil has recorded the highest number of COVID-19 cases in SAM, followed by Ecuador, Peru, Chile, and Argentina, among others. The containment measures affected all economic activities in the region in 2020, thereby affecting the overall GDP of the region. A decline in overall GDP in the region and a decrease in military spending in 2020 compared to 2019, the procurement of advanced surveillance systems, including coastal surveillance radars, lowered in 2020 compared to that in 2019. SAM also experienced the tremors of the supply-side disruption, which resulted in the delayed deliveries of coastal surveillance radar systems in 2020. However, as the supply lines were stabilized from 2021 and deliveries of coastal radars began meeting their stipulated delivery timelines. For instance, ELTA System, a subsidiary of IAI, was awarded a coastal surveillance radar contract by the Republic of Trinidad and Tobago with 3-year maintenance agreement in 2019, which was marginally affected upon the onset of COVID-19.
Get more information on this report : 
Market Overview and Dynamics
The coastal surveillance radar market in SAM is expected to grow from US$ 32.03 million in 2021 to US$ 37.68 million by 2028; it is estimated to grow at a CAGR of 2.3% from 2021 to 2028. Being strategically covered by the water on all sides, the region faces imminent threats from the pirates. Many reports suggest a rise in the pirate activities near the South American coasts by the pirates from Caribbean islands or the African islands. Pirate attacks around South American and Caribbean waters are growing, and violence is increasingly used during robberies committed on vessels at anchor. Fishers working on the oil-rich Lake Maracaibo have for years been the victims of frequent violent armed robberies, which have often resulted in the deaths of their colleagues. Over the past year, criminal groups in the area have continued to perpetrate such attacks while also increasingly targeting commercial maritime assets. Safeguarding the coasts for the fishermen to carry out their routine tasks without any hindrances is another major factor driving the demand for coastal surveillance radar systems installations at the Latin American ports & harbors. For instance, in April 2019, the Jamaican government ordered numerous Thales Coast Watcher 100 coastal surveillance systems to improve its capabilities. These investments by the various government across the region are expected to contribute to the growth of the coastal surveillance radar market.
Key Market Segments
SAM coastal surveillance radar market is segmented into band type, platform, end user and country. Based on band type, the SAM 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 SAM coastal surveillance radar market is segmented into shipborne, land based, airborne. Land based segment led the market in 2021. Based on end user, the SAM 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 SAM coastal surveillance radar market is segmented into Based on country, the SAM coastal surveillance radar market is segmented into Brazil, Argentina, and rest of SAM. Brazil 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 SAM are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Elbit Systems Ltd.; HENSOLDT; Israel Aerospace Industries Ltd.; Raytheon Technologies Corporation; Teledyne FLIR LLC; and Thales Group.
Reasons to buy report
- To understand the SAM 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 SAM coastal surveillance radar market.
- Efficiently plan M&A and partnership deals in SAM 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 SAM coastal surveillance radar market.
- Obtain market revenue forecast for market by various segments from 2021-2028 in SAM region.
SAM Coastal Surveillance Radar Market Segmentation
SAM Coastal Surveillance Radar Market - By Band Type
- X-Band
- S-Band
- X and S-Band
- Others
SAM Coastal Surveillance Radar Market - By Platform
- Ship Borne
- Land Based
- Airborne
SAM Coastal Surveillance Radar Market - By End User
- Ports Harbour Oil & Gas Companies
- Maritime Patrol Agencies
SAM Coastal Surveillance Radar Market - By Country
- Brazil
- Argentina
- Rest of SAM
SAM Coastal Surveillance Radar Market - Company Profiles
- Elbit Systems Ltd.
- HENSOLDT
- Israel Aerospace Industries Ltd.
- Raytheon Technologies Corporation
- Teledyne FLIR LLC
- Thales Group
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. SAM Coastal Surveillance Radar Market Landscape
4.1 Market Overview
4.2 SAM PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. SAM Coastal Surveillance Radar – Market Dynamics
5.1 Market Drivers
5.1.1 Increasing Military Expenditure Worldwide
5.1.2 Rising Adoption of Coastal Surveillance Radar System Across Emerging Economies
5.2 Market Restraints
5.2.1 Increase in Adoption of Unmanned Aerial Vehicle (UAVs) for Surveillance Purposes
5.2.2 Low Infrastructures in Developing Countries
5.3 Market Opportunities
5.4 Future Trends
5.4.1 Technological Advancements in Coastal Surveillance Radar Systems
5.5 Impact Analysis of Drivers and Restraints
6. Coastal Surveillance Radar Market – SAM Analysis
6.1 SAM Coastal Surveillance Radar Market Overview
6.2 SAM Coastal Surveillance Radar Market Revenue Forecast and Analysis
7. SAM Coastal Surveillance Radar Market Revenue and Forecast To 2028 – Band Type
7.1 Overview
7.2 SAM Coastal Surveillance Radar Market, By Band Type (2020 & 2028)
7.3 X-Band
7.3.1 Overview
7.3.2 X-Band: Coastal Surveillance Radar Market Revenue and Forecast to 2028 (US$ Million)
7.4 S-Band
7.4.1 Overview
7.4.2 S-Band: Coastal Surveillance Radar Market Revenue and Forecast to 2028 (US$ Million)
7.5 X and S-Band
7.5.1 Overview
7.5.2 X and S-Band: Coastal Surveillance Radar Market Revenue and Forecast to 2028 (US$ Million)
7.6 Others
7.6.1 Overview
7.6.2 Others: Coastal Surveillance Radar Market Revenue and Forecast to 2028 (US$ Million)
8. SAM Coastal Surveillance Radar Market Analysis and Forecast To 2028 – Platform
8.1 Overview
8.2 SAM Coastal Surveillance Radar Market, By Platform (2020 & 2028)
8.3 Ship Borne
8.3.1 Overview
8.3.2 Ship Borne: Coastal Surveillance Radar Market Revenue and Forecast to 2028 (US$ Million)
8.4 Land Based
8.4.1 Overview
8.4.2 Land Based: Coastal Surveillance Radar Market Revenue and Forecast to 2028 (US$ Million)
8.5 Airborne
8.5.1 Overview
8.5.2 Airborne: Coastal Surveillance Radar Market Revenue and Forecast to 2028 (US$ Million)
9. SAM Coastal Surveillance Radar Market Analysis and Forecast To 2028 – End User
9.1 Overview
9.2 SAM Coastal Surveillance Radar Market, By End User (2020 & 2028)
9.3 Ports Harbors and Oil & Gas Companies
9.3.1 Overview
9.3.2 Ports Harbors and Oil & Gas Companies: Coastal Surveillance Radar Market Revenue and Forecast to 2028 (US$ Million)
9.4 Maritime Patrol Agencies
9.4.1 Overview
9.4.2 Maritime Patrol Agencies: Coastal Surveillance Radar Market Revenue and Forecast to 2028 (US$ Million)
10. SAM Coastal Surveillance Radar Market – Country Analysis
10.1 Overview
10.1.1 SAM: Coastal Surveillance Radar Market, by Key Country
10.1.2 Brazil: Coastal Surveillance Radar Market – Revenue and Forecast to 2028 (US$ Million)
10.1.2.1 Brazil: Coastal Surveillance Radar Market, by Band Type
10.1.2.2 Brazil: Coastal Surveillance Radar Market, by Platform
10.1.2.3 Brazil: Coastal Surveillance Radar Market, by End User
10.1.3 Rest of SAM: Coastal Surveillance Radar Market – Revenue and Forecast to 2028 (US$ Million)
10.1.3.1 Rest of SAM: Coastal Surveillance Radar Market, by Band Type
10.1.3.2 Rest of SAM: Coastal Surveillance Radar Market, by Platform
10.1.3.3 Rest of SAM: Coastal Surveillance Radar Market, by End User
11. SAM Coastal Surveillance Radar Market - COVID-19 Impact Analysis
11.1 SAM: Impact Assessment of COVID-19 Pandemic
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
13. Company Profiles
13.1 Elbit Systems Ltd.
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Teledyne FLIR LLC
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 HENSOLDT
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Israel Aerospace Industries Ltd.
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Raytheon Technologies Corporation
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Thales Group
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Word Index
LIST OF TABLES
Table 1. SAM Coastal Surveillance Radar Market Revenue and Forecast to 2028 (US$ Million)
Table 2. SAM: Coastal Surveillance Radar Market, by Country – Revenue and Forecast to 2028 (US$ Million)
Table 3. Brazil: Coastal Surveillance Radar Market, by Band Type– Revenue and Forecast to 2028 (US$ Million)
Table 4. Brazil: Coastal Surveillance Radar Market, by Platform – Revenue and Forecast to 2028 (US$ Million)
Table 5. Brazil: Coastal Surveillance Radar Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 6. Rest of SAM: Coastal Surveillance Radar Market, by Band Type– Revenue and Forecast to 2028 (US$ Million)
Table 7. Rest of SAM: Coastal Surveillance Radar Market, by Platform – Revenue and Forecast to 2028 (US$ Million)
Table 8. Rest of SAM: Coastal Surveillance Radar Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 9. List of Abbreviation
LIST OF FIGURES
Figure 1. SAM Coastal Surveillance Radar Market Segmentation
Figure 2. SAM Coastal Surveillance Radar Market Segmentation – By Country
Figure 3. SAM Coastal Surveillance Radar Market Overview
Figure 4. SAM Coastal Surveillance Radar Market, by Band Type
Figure 5. SAM Coastal Surveillance Radar Market, by Platform
Figure 6. SAM Coastal Surveillance Radar Market, by End User
Figure 7. SAM Coastal Surveillance Radar Market, By Country
Figure 8. SAM – PEST Analysis
Figure 9. SAM Coastal Surveillance Radar Market: Ecosystem Analysis
Figure 10. SAM Coastal Surveillance Radar Market: Expert Opinion
Figure 11. SAM Coastal Surveillance Radar Market: Impact Analysis of Drivers and Restraints
Figure 12. SAM Coastal Surveillance Radar Market Revenue Forecast and Analysis (US$ Million)
Figure 13. SAM Coastal Surveillance Radar Market, by Band Type (2020 & 2028)
Figure 14. SAM X-Band: Coastal Surveillance Radar Market Revenue and Forecast to 2028 (US$ Million)
Figure 15. SAM S-Band: Coastal Surveillance Radar Market Revenue and Forecast to 2028 (US$ Million)
Figure 16. SAM X and S-Band: Coastal Surveillance Radar Market Revenue and Forecast to 2028 (US$ Million)
Figure 17. SAM Others: Coastal Surveillance Radar Market Revenue and Forecast to 2028 (US$ Million)
Figure 18. SAM Coastal Surveillance Radar Market, by Platform (2020 & 2028)
Figure 19. SAM Ship Borne: Coastal Surveillance Radar Market Revenue and Forecast to 2028 (US$ Million)
Figure 20. SAM Land Based: Coastal Surveillance Radar Market Revenue and Forecast to 2028 (US$ Million)
Figure 21. SAM Airborne: Coastal Surveillance Radar Market Revenue and Forecast to 2028 (US$ Million)
Figure 22. SAM Coastal Surveillance Radar Market, By End User (2020 & 2028)
Figure 23. SAM Ports Harbors and Oil & Gas Companies: Coastal Surveillance Radar Market Revenue and Forecast to 2028 (US$ Million)
Figure 24. SAM Maritime Patrol Agencies: Coastal Surveillance Radar Market Revenue and Forecast to 2028 (US$ Million)
Figure 25. SAM: Coastal Surveillance Radar Market, by Key Country – Revenue (2020) (US$ Million)
Figure 26. SAM: Coastal Surveillance Radar Market Revenue Share, by Key Country (2020 & 2028)
Figure 27. Brazil: Coastal Surveillance Radar Market – Revenue and Forecast to 2028 (US$ Million)
Figure 28. Rest of SAM: Coastal Surveillance Radar Market – Revenue and Forecast to 2028 (US$ Million)
Figure 29. Impact of COVID-19 Pandemic in SAM Countries
- Elbit Systems Ltd.
- HENSOLDT
- Israel Aerospace Industries Ltd.
- Raytheon Technologies Corporation
- Teledyne FLIR LLC
- Thales Group
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the SAM coastal surveillance radar market
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the SAM coastal surveillance radar market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth SAM market trends and outlook coupled with the factors driving the coastal surveillance radar market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution