South Korea Short Range Marine Radar Market was valued at USD 0.1 Billion in 2022 and is projected to reach USD 0.2 Billion by 2030, growing at a CAGR of 9.0% from 2024 to 2030.
The South Korea Short Range Marine Radar market has witnessed significant growth in recent years, driven by a combination of technological advancements and rising demand from various maritime industries. This radar technology is widely used to enhance the safety and efficiency of navigation in coastal waters, ports, and harbors. With maritime traffic continuously increasing, the need for precise, short-range surveillance systems is more crucial than ever.
One of the primary applications of Short Range Marine Radar is in collision avoidance and navigation assistance. Vessels operating in congested waters, such as ports, harbors, and inland waterways, require high-resolution radar systems to detect nearby obstacles, other vessels, and floating debris. The radar offers real-time data, enabling operators to take immediate corrective actions. Moreover, short-range radar plays a critical role in enhancing maritime security by detecting unauthorized vessels and suspicious activities within restricted zones.
Industries such as shipping, fishing, and military use Short Range Marine Radar systems to ensure operational safety. For commercial shipping companies, these radars are essential for safe docking and maneuvering in busy harbors, while the fishing industry relies on them to detect fish schools and navigate through rough coastal waters. The military applications, particularly in naval operations, benefit from the radar's ability to monitor a wide range of threats in real-time.
In addition to its wide range of applications, the demand for Short Range Marine Radar is heavily influenced by specific industry requirements. High-resolution imaging, low power consumption, ease of integration with other navigation systems, and the ability to function effectively in various weather conditions are some of the key criteria industries prioritize when selecting radar systems. Moreover, as environmental sustainability becomes a key focus, radar systems with energy-efficient features are becoming increasingly popular among industries in South Korea.
The continuous advancement in radar technology is helping to refine the capabilities of Short Range Marine Radar systems, making them more reliable, cost-effective, and adaptable to the evolving needs of the maritime industry. As the South Korean maritime sector continues to grow, the demand for these radars is expected to increase, pushing further innovation in radar technology to meet the diverse and dynamic requirements of marine applications.
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Furuno
Navico
JRC(Alphatron Marine)
Garmin
SAM Electronics
Transas Marine International
Raymarine
Raytheon
Sperry Marine
TOKIO KEIKI
GEM Elettronica
Rutter Inc
Kelvin Hughes
Koden Electronics
Kongsberg（Kongsberg Maritime）
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the South Korea Short Range Marine Radar Market
Furling Radar
Solid-State Radar
Pulsed Radar
Frequency Modulated Continuous Wave (FMCW) Radar
Navigation
Surveillance
Fish Finding
Weather Monitoring
Commercial Vessels
Recreational Vessels
Fishing Vessels
Military Vessels
Marine Transport Companies
Government Agencies
Fishing Corporations
Research Institutions
Automatic Identification System (AIS) Integration
Weather Data Integration
Anti-collision Functionality
Extended Range Capability
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
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1. Introduction of the South Korea Short Range Marine Radar Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. South Korea Short Range Marine Radar Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. South Korea Short Range Marine Radar Market, By Type
6. South Korea Short Range Marine Radar Market, By Application
7. South Korea Short Range Marine Radar Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. South Korea Short Range Marine Radar Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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