U.S.: Radar Apparatus Market 2024

Radar Apparatus Market Size in the U.S.

The U.S. radar apparatus market amounted to $X in 2022, standing approx. at the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Radar apparatus consumption peaked in 2022 and is expected to retain growth in the immediate term.

Radar Apparatus Production in the U.S.

In value terms, radar apparatus production totaled $X in 2022. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 when the production volume increased by X%. Radar apparatus production peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Radar Apparatus Exports

Exports from the U.S.

In 2022, after four years of decline, there was growth in shipments abroad of radar apparatus, radio navigational aid apparatus and radio remote control apparatus, when their volume increased by X% to X units. Overall, exports, however, showed a deep setback. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. As a result, the exports attained the peak of X units. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, radar apparatus exports surged to $X in 2022. In general, total exports indicated a slight increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

Mexico (X units) was the main destination for radar apparatus exports from the United States, accounting for a X% share of total exports. Moreover, radar apparatus exports to Mexico exceeded the volume sent to the second major destination, Canada (X units), threefold. Brazil (X units) ranked third in terms of total exports with an X% share.

From 2012 to 2022, the average annual growth rate of volume to Mexico totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (X% per year) and Brazil (X% per year).

In value terms, Canada ($X), Mexico ($X) and Romania ($X) were the largest markets for radar apparatus exported from the United States worldwide, with a combined X% share of total exports.

In terms of the main countries of destination, Romania, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average radar apparatus export price amounted to $X per unit, rising by X% against the previous year. In general, the export price posted a prominent expansion. The most prominent rate of growth was recorded in 2019 an increase of X%. Over the period under review, the average export prices attained the maximum in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to Uruguay ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (X%), while the prices for the other major destinations experienced more modest paces of growth.

Radar Apparatus Imports

Imports into the U.S.

For the fourth year in a row, the United States recorded growth in purchases abroad of radar apparatus, radio navigational aid apparatus and radio remote control apparatus, which increased by X% to X units in 2022. In general, imports recorded significant growth. The pace of growth appeared the most rapid in 2014 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, radar apparatus imports expanded significantly to $X in 2022. Over the period under review, imports, however, continue to indicate a slight descent. The growth pace was the most rapid in 2014 when imports increased by X% against the previous year. Imports peaked at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

China (X units), Mexico (X units) and Germany (X units) were the main suppliers of radar apparatus imports to the United States, with a combined X% share of total imports. Canada, Taiwan (Chinese), Vietnam, the UK, Italy, Malaysia, South Korea, France and Japan lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Vietnam (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest radar apparatus suppliers to the United States were China ($X), Mexico ($X) and Taiwan (Chinese) ($X), with a combined X% share of total imports. Germany, Canada, Malaysia, Japan, South Korea, the UK, Vietnam, France and Italy lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Vietnam, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average radar apparatus import price amounted to $X per unit, increasing by X% against the previous year. Over the period under review, the import price, however, saw a abrupt downturn. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Taiwan (Chinese) ($X per unit), while the price for Canada ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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