Market Overview:
The global boat radar reflectors market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for boat radar reflectors from the aerospace & defense, industrial, and civil sectors. Additionally, the growing awareness about safety and security among consumers is also propelling the growth of this market. The global boat radar reflectors market can be segmented on the basis of type into octahedral corner reflector and Luneberg lens. The octahedral corner reflector segment is expected to account for a larger share of the global boat radar reflectors market than Luneberg lens during the forecast period from 2018 to 2030. This can be attributed to its superior performance as compared to other types of radarreflectors available in the market.
Product Definition:
A radar reflector is a device that reflects electromagnetic radiation in the radar frequency range back to the source. They are commonly used on small boats to improve their visibility on radar displays.
Octahedral Corner Reflector:
The global octahedral corner reflector market size was valued at USD 1.5 billion in 2015 and is expected to witness significant growth over the forecast period owing to its increasing usage in marine radar reflectors. The demand for these products is anticipated to increase with growing requirement of high-quality surface finish, low weight, and volume ratio on account of rising importance of efficiency in shipping & trading activities.
Luneberg Lens:
Luneberg lens is a concave lens with convex surface. It is designed to focus the light on a single spot which helps in increasing the intensity of light and producing an intense beam. The intense beam produced by luneberg lens can be used for various applications such as communication, navigation, searchlight or spotlight.
Application Insights:
The aerospace and defense application segment accounted for the largest market share in 2017. The reflectors are used on board aircraft to provide enhanced situational awareness to pilots by providing a 360° view around the aircraft. The octahedral corner reflector is most commonly used as it provides an accurate reflection of incident radar waves at all angles of incidence.
They also find applications in automotive safety systems such as adaptive front lighting and lane departure warning lamps along with other safety features such as airbags deployed from the vehicle's interior walls.
Regional Analysis:
Asia Pacific region dominated the global boat radar reflectors market in 2016 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing maritime activities in countries such as China, India, Indonesia, Singapore and Thailand. Increasing demand for marine products owing to rising tourism activities has also contributed towards industry growth in this region. Moreover, growing offshore oil & gas exploration activities are likely to drive product demand over the next eight years.
Europe accounted for a significant share of revenue generated by global reflector market on account of presence of major aircraft manufacturers such as Airbus S.A.
Growth Factors:
- Increasing demand for boat radar reflectors from the marine industry as a result of increase in maritime trade and tourism.
- Growing popularity of leisure boats and yachts, which is expected to boost the demand for boat radar reflectors over the forecast period.
- Technological advancements in boat radar reflectors that offer enhanced performance and durability are expected to fuel their demand over the forecast period.
- Rising awareness about safety measures while sailing, especially among amateur sailors is anticipated to propel growth of the global Boat Radar Reflectors market during the forecast period .
Scope Of The Report
Report Attributes
Report Details
Report Title
Boat Radar Reflectors Market Research Report
By Type
Octahedral Corner Reflector, Luneberg Lens
By Application
Aerospace & Defense, Industrial, Civil, Others
By Companies
Herley Industries, McMurdo, Tideland Signal, Micro Systems, WORK Microwave
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Boat Radar Reflectors Market Report Segments:
The global Boat Radar Reflectors market is segmented on the basis of:
Types
Octahedral Corner Reflector, Luneberg Lens
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Aerospace & Defense, Industrial, Civil, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Herley Industries
- McMurdo
- Tideland Signal
- Micro Systems
- WORK Microwave
Highlights of The Boat Radar Reflectors Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Octahedral Corner Reflector
- Luneberg Lens
- By Application:
- Aerospace & Defense
- Industrial
- Civil
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Boat Radar Reflectors Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Boat radar reflectors are a type of safety equipment used on boats. They are typically made from metal and mounted on the boat's exterior, near the waterline. When a boat is in range of an active radar system, the reflector will send back a signal that can be detected by the system. This allows other boats or ships to know that there is someone nearby, and helps to avoid collisions.
Some of the major companies in the boat radar reflectors market are Herley Industries, McMurdo, Tideland Signal, Micro Systems, WORK Microwave.
The boat radar reflectors market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Boat Radar Reflectors Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Boat Radar Reflectors Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Boat Radar Reflectors Market - Supply Chain
4.5. Global Boat Radar Reflectors Market Forecast
4.5.1. Boat Radar Reflectors Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Boat Radar Reflectors Market Size (000 Units) and Y-o-Y Growth
4.5.3. Boat Radar Reflectors Market Absolute $ Opportunity
5. Global Boat Radar Reflectors Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Boat Radar Reflectors Market Size and Volume Forecast by Type
5.3.1. Octahedral Corner Reflector
5.3.2. Luneberg Lens
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Boat Radar Reflectors Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Boat Radar Reflectors Market Size and Volume Forecast by Application
6.3.1. Aerospace & Defense
6.3.2. Industrial
6.3.3. Civil
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Boat Radar Reflectors Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Boat Radar Reflectors Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Boat Radar Reflectors Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Boat Radar Reflectors Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Boat Radar Reflectors Demand Share Forecast, 2019-2029
9. North America Boat Radar Reflectors Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Boat Radar Reflectors Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Boat Radar Reflectors Market Size and Volume Forecast by Application
9.4.1. Aerospace & Defense
9.4.2. Industrial
9.4.3. Civil
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Boat Radar Reflectors Market Size and Volume Forecast by Type
9.7.1. Octahedral Corner Reflector
9.7.2. Luneberg Lens
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Boat Radar Reflectors Demand Share Forecast, 2019-2029
10. Latin America Boat Radar Reflectors Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Boat Radar Reflectors Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Boat Radar Reflectors Market Size and Volume Forecast by Application
10.4.1. Aerospace & Defense
10.4.2. Industrial
10.4.3. Civil
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Boat Radar Reflectors Market Size and Volume Forecast by Type
10.7.1. Octahedral Corner Reflector
10.7.2. Luneberg Lens
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Boat Radar Reflectors Demand Share Forecast, 2019-2029
11. Europe Boat Radar Reflectors Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Boat Radar Reflectors Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Boat Radar Reflectors Market Size and Volume Forecast by Application
11.4.1. Aerospace & Defense
11.4.2. Industrial
11.4.3. Civil
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Boat Radar Reflectors Market Size and Volume Forecast by Type
11.7.1. Octahedral Corner Reflector
11.7.2. Luneberg Lens
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Boat Radar Reflectors Demand Share, 2019-2029
12. Asia Pacific Boat Radar Reflectors Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Boat Radar Reflectors Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Boat Radar Reflectors Market Size and Volume Forecast by Application
12.4.1. Aerospace & Defense
12.4.2. Industrial
12.4.3. Civil
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Boat Radar Reflectors Market Size and Volume Forecast by Type
12.7.1. Octahedral Corner Reflector
12.7.2. Luneberg Lens
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Boat Radar Reflectors Demand Share, 2019-2029
13. Middle East & Africa Boat Radar Reflectors Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Boat Radar Reflectors Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Boat Radar Reflectors Market Size and Volume Forecast by Application
13.4.1. Aerospace & Defense
13.4.2. Industrial
13.4.3. Civil
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Boat Radar Reflectors Market Size and Volume Forecast by Type
13.7.1. Octahedral Corner Reflector
13.7.2. Luneberg Lens
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Boat Radar Reflectors Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Boat Radar Reflectors Market: Market Share Analysis
14.2. Boat Radar Reflectors Distributors and Customers
14.3. Boat Radar Reflectors Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Herley Industries
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. McMurdo
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Tideland Signal
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Micro Systems
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. WORK Microwave
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
