Radars or radio detection and ranging systems, are electronic devices used for determining the location, direction, radial velocity, and other parameters of an object using radio waves. A conventional radar system consists of a transmitter antenna, a receiver, and a processor for analyzing incoming signals. The transmitter sends out electromagnetic signals to ascertain the position, angle, and speed of an object. The receiver antenna picks up these waves once the signal hits the object and bounces off it. The processor then decodes them to provide data on different parameters, thus helping the user identify the object and its characteristics.
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Radar was first invented in the UK for military purposes during the Second War. However, for the past few years, these systems are now being used in civilian applications also. For example, radio detection and ranging systems are deployed at airports to simplify air traffic control operations. This advanced equipment helps authorities to determine the location of incoming aircraft and their speeds, thus assisting in managing the landing and takeoff of other aircraft. Similarly, radars are also used in the agriculture sector for ascertaining weather conditions and remote sensing applications.
MIMO technology transforming the industry significantly
Over the years, several new technologies and innovations have come up in the radar industry which have created investment opportunities in the sector. The advent of MIMO technology is one such development. MIMO or M is a wireless communication technique that involves the use of multiple antennas at the transmitting and receiving ends. The primary aim of deploying MIMO radars is to improve the coverage, speed, and quality of the signals that are being received or transmitted. Since several antennas are used in these radars, the number of errors associated with wireless communications is reduced significantly.
Another important feature of MIMO systems is beam steering which helps the user to guide the direction of the transmitted RF signal to a specific receiver, thus improving its strength and quality. Hence, these advanced radars are especially useful in high-interference environments wherein hindrances weaken the signal during communication. Moreover, these systems offer spatial multiplexing which improves the data-carrying capacity of the signals without allocating any additional bandwidth. As a result of these benefits, MIMO radars are widely used in 5G communication systems. Along with this, communication technology companies have also developed Synthetic Aperture Radar (SAR) systems which help create 2D images and 3D reconstruction of the objects that are being located and studied.
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Investments by Advanced Protection Systems and HENSOLDT expanding the scope of the sector
As per Allied Market Research, the radar market is expected to gather a revenue of $44.35 billion by 2028, growing at a CAGR of 4.7% during 2021-2028. The increasing investments by leading companies in the industry are predicted to play a major role in the growth of the sector. For instance, in November 2020, Advanced Protection Systems, an anti-drone equipment developer, unveiled Designed to detect drones and helicopters up to 15 km., these radars also offer perimeter security and high-precision tracking features. Similarly, in September 2024, HENSOLDT, an aerospace company, announced the launch of its interference-resistant radar system to monitor uncontrolled airspaces over urban areas.
In conclusion, the increasing applicability of radio detection and ranging systems in different end-use sectors such as aerospace & defense, agriculture, etc., is expected to improve the growth rate of the radar industry. Moreover, the advent of MIMO technology and the rising investments by leading companies are expected to expand the footprint of the landscape globally.
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