Radar Absorbing Materials Market: Overview
Radar Absorbing Materials (RAM) absorb the incident Electromagnetic (EM) energy and convert that energy into heat or any other forms. The energy output will be same as that of the energy input. Radar absorbing materials are used to reduce the level of electromagnetic energy scattered from its surface. Earlier, this technology was primarily used for military applications including land, air, and sea vehicles. Innovation and advancement in the technology has widened its scope and is now being used for civil as well as commercial applications. It has been used at airports and in wind turbines to reduce radar scattering to prevent the interference. The main advantage of radar absorbing materials is that it can be designed and operated at any frequency within the electromagnetic spectrum. Radar absorbing materials market is expanding and is expected to witness a significant CAGR growth over the forecast time period of 2016-2026.
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Radar Absorbing Materials Market: Dynamics
Rapid technological advancements in electronics and communication technologies will fuel the consumption of radar absorbing materials. Rising investments in defense sector by various governments for the development of new equipment and technology drives the demand for radar absorbing materials market globally.
Due to continuous product developments in radar absorbing materials in related end use industries, nanostructured radar absorbing materials will aid in the advancement of radar absorbing materials market globally. Use of radar absorbing materials in radar systems and technology promotes the swift growth of the market.
Increasing urbanization, power sector development, defense expenditure by government supported by stable economic conditions especially in South Asian region are expected to provide suitable growth prospects to radar absorbing materials market globally.
Radar absorbing materials can be operated at any frequency within the electromagnetic spectrum. However, practically it can be used for frequencies ranging from 100 MHz to 100 GHz.
This restricts the area of application and actual design approach of radar absorbing materials which varies greatly and depending on the bandwidth, reflectivity, and frequency of operation. In reality, radar absorbing materials are used as a complementary technique, which thereby limits the growth of this market.
Radar Absorbing Materials Market: Segmentation
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Radar Absorbing Materials Market: Key Players
Some examples of the key players and service providers identified in the market include Lairdtech, Panashield, SOLIANI EMC, Parker Hannifin Corp, BAE Systems, MAST Technologies, ARC Technologies, Hitek, and MSM Industries, Inc. among the other key players.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and Industry.
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