Global Radar Apparatus Market 2024

Radar Apparatus Market Size

The global radar apparatus market was estimated at $X in 2022, increasing by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the global market remained at a lower figure.

Radar Apparatus Production

In value terms, radar apparatus production rose rapidly to $X.4B in 2022 estimated in export price. In general, production recorded a remarkable increase. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. As a result, production reached the peak level of $X.4B. From 2021 to 2022, global production growth remained at a lower figure.

Radar Apparatus Exports

Exports

In 2022, overseas shipments of radar apparatus, radio navigational aid apparatus and radio remote control apparatus increased by X% to X units, rising for the fourth year in a row after four years of decline. In general, total exports indicated a slight expansion from 2012 to 2022: its volume 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 2018 indices. The pace of growth appeared the most rapid in 2021 with an increase of X%. The global exports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, radar apparatus exports stood at $X in 2022. The total export 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 observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of X%. The global exports peaked at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

China represented the key exporting country with an export of around X units, which recorded X% of total exports. Hong Kong SAR (X units) ranks second in terms of the total exports with a X% share, followed by the United States (X%). Germany (X units), Singapore (X units), Taiwan (Chinese) (X units), the Philippines (X units), the Netherlands (X units), Poland (X units) and France (X units) followed a long way behind the leaders.

Exports from China increased at an average annual rate of X% from 2012 to 2022. At the same time, Poland (X%), the Philippines (X%), France (X%), Singapore (X%) and the Netherlands (X%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2022. By contrast, Hong Kong SAR (X%), Taiwan (Chinese) (X%), the United States (X%) and Germany (X%) illustrated a downward trend over the same period. While the share of China (X p.p.), the Philippines (X p.p.), Poland (X p.p.) and Singapore (X p.p.) increased significantly in terms of the global exports from 2012-2022, the share of Taiwan (Chinese) (X p.p.), Hong Kong SAR (X p.p.), the United States (X p.p.) and Germany (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), the United States ($X) and Germany ($X) constituted the countries with the highest levels of exports in 2022, together accounting for X% of global exports. France, Singapore, Taiwan (Chinese), the Netherlands, Poland, the Philippines and Hong Kong SAR lagged somewhat behind, together comprising a further X%.

In terms of the main exporting countries, Poland, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average radar apparatus export price amounted to $X per unit, reducing by X% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of X% against the previous year. Over the period under review, the average export prices attained the maximum at $X per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was France ($X per unit), while Hong Kong SAR ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%), while the other global leaders experienced more modest paces of growth.

Radar Apparatus Imports

Imports

For the fourth year in a row, the global market 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 continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2021 with an increase of X%. Global imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, radar apparatus imports expanded slightly to $X in 2022. Overall, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X%. Global imports peaked at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

The United States was the major importing country with an import of about X units, which resulted at X% of total imports. It was distantly followed by China (X units), Brazil (X units) and Hong Kong SAR (X units), together achieving a X% share of total imports. Japan (X units), the Netherlands (X units), Italy (X units), France (X units) and Canada (X units) held a minor share of total imports.

From 2012 to 2022, average annual rates of growth with regard to radar apparatus imports into the United States stood at X%. At the same time, Italy (X%), China (X%), France (X%), Japan (X%), Canada (X%), the Netherlands (X%) and Brazil (X%) displayed positive paces of growth. Moreover, Italy emerged as the fastest-growing importer imported in the world, with a CAGR of X% from 2012-2022. By contrast, Hong Kong SAR (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the United States and China increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported radar apparatus, radio navigational aid apparatus and radio remote control apparatus worldwide, comprising X% of global imports. The second position in the ranking was taken by Japan ($X), with an X% share of global imports. It was followed by China, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in the United States amounted to X%. In the other countries, the average annual rates were as follows: Japan (X% per year) and China (X% per year).

Import Prices by Country

In 2022, the average radar apparatus import price amounted to $X per unit, almost unchanged from the previous year. Overall, the import price, however, saw a drastic downturn. The growth pace was the most rapid in 2018 when the average import price increased by X% against the previous year. Global import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Canada ($X per unit), while Brazil ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (X%), while the other global leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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