Global Radar Apparatus Market 2024

Radar Apparatus Market Size

The global radar apparatus market fell to $X.3B in 2022, approximately equating the previous year. Overall, consumption, however, continues to indicate a noticeable setback. The most prominent rate of growth was recorded in 2021 when the market value increased by X% against the previous year. Global consumption peaked at $X.2B in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Radar Apparatus Production

In value terms, radar apparatus production shrank modestly to $X.3B in 2022 estimated in export price. Overall, production, however, continues to indicate a pronounced decrease. The pace of growth appeared the most rapid in 2021 when the production volume increased by X% against the previous year. Over the period under review, global production hit record highs at $X.8B in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Radar Apparatus Exports

Exports

In 2022, shipments abroad of radar apparatus, radio navigational aid apparatus and radio remote control apparatus increased by X% to X units, rising for the fourth consecutive year after two years of decline. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was 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 dropped slightly to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by X%. Over the period under review, the global exports reached the maximum at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, China (X units) represented the main exporter of radar apparatus, radio navigational aid apparatus and radio remote control apparatus, creating X% of total exports. The Netherlands (X units) took the second position in the ranking, followed by Mexico (X units) and Germany (X units). All these countries together took near X% share of total exports. The United States (X units), South Korea (X units), Hong Kong SAR (X units), Israel (X units), Poland (X units), Hungary (X units), the Philippines (X units), Italy (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, Hungary (X%), Poland (X%), Israel (X%), the Philippines (X%), the Netherlands (X%) and Italy (X%) displayed positive paces of growth. Moreover, Hungary emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2022. South Korea and Mexico experienced a relatively flat trend pattern. By contrast, Hong Kong SAR (X%), Germany (X%), the United States (X%) and France (X%) illustrated a downward trend over the same period. While the share of China (X p.p.), the Netherlands (X p.p.), Israel (X p.p.), Poland (X p.p.), Hungary (X p.p.) and the Philippines (X p.p.) increased significantly in terms of the global exports from 2012-2022, the share of France (X p.p.), Mexico (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, the largest radar apparatus supplying countries worldwide were China ($X), the United States ($X) and Germany ($X), together accounting for X% of global exports. France, Hungary, Mexico, the Netherlands, Poland, Italy, Israel, South Korea, the Philippines and Hong Kong SAR lagged somewhat behind, together comprising a further X%.

Poland, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average radar apparatus export price stood at $X per unit in 2022, with a decrease of X% against the previous year. Over the period under review, the export price recorded a noticeable setback. The pace of growth appeared the most rapid in 2017 when the average export price increased by X%. The global export price peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per unit), while China ($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 Philippines (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. Over the period under review, total imports indicated resilient growth 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, imports increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Global imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, radar apparatus imports rose modestly to $X in 2022. In general, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, global imports attained the maximum at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

The United States represented the largest importing country with an import of about X units, which recorded X% of total imports. It was distantly followed by China (X units), the Netherlands (X units), Brazil (X units) and Germany (X units), together committing a X% share of total imports. Japan (X units), France (X units), the UK (X units), Austria (X units), Italy (X units), Turkey (X units), Spain (X units) and Mexico (X units) took a relatively small share of total imports.

Imports into the United States increased at an average annual rate of X% from 2012 to 2022. At the same time, the Netherlands (X%), Austria (X%), Italy (X%), Spain (X%), China (X%), Brazil (X%), Mexico (X%) and France (X%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing importer imported in the world, with a CAGR of X% from 2012-2022. The UK and Turkey experienced a relatively flat trend pattern. By contrast, Japan (X%) and Germany (X%) illustrated a downward trend over the same period. The United States (X p.p.) and the Netherlands (X p.p.) significantly strengthened its position in terms of the global imports, while Turkey, France, the UK, Japan and Germany saw its share reduced by X%, X%, X%, X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2012 to 2022, the average annual growth rate 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 Germany (X% per year).

Import Prices by Country

The average radar apparatus import price stood at $X per unit in 2022, shrinking by X% against the previous year. Over the period under review, the import price recorded a pronounced setback. The pace of growth appeared the most rapid in 2018 an increase of X%. As a result, import price attained the peak level of $X per unit. From 2019 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Japan ($X per unit), while Austria ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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