Market Definition
Radiation Absorbent Material, commonly known as RAM, is a polymer-based material manufactured to absorb incident radio-frequency radiation & minimize the level of the radar cross-section of several platforms like air, land, & sea vehicles. RAM principally absorbs incident Electromagnetic (EM) energy & converts the same into heat or any other forms, where the energy output is the same as that of the input.
With rapid technological advancements and innovation, the scope for RAM has widened across civil & commercial applications. These materials also find utilization in commercial & civil applications to reduce radar scattering from large buildings like airports or wind turbines that might interfere with civil aviation radar systems. The prominent perk of RAM is its capability to be designed & operated at any frequency within the electromagnetic spectrum as it is made of resistive & magnetic materials.
Market Insights
The Global Radar Absorbent Material Market is projected to grow at a CAGR of around 19% during the forecast period, i.e., 2022-27. The market is driven by the constant technological advancements in communication & electronics, fueling the demand for radar-absorbing materials. In addition, massive investments by the governments of different countries in their defense systems strengthen national security by increasing the procurement of modern aircraft.
| Report Coverage | Details |
|---|---|
| Study Period | Historical Data: 2017-20 |
| Base Year: 2021 | |
| Forecast Period: 2022-27 | |
| CAGR (2022-2027) | 19% |
| Regions Covered | North America: USA, Canada, Mexico |
| Europe: Germany, The UK, France, Italy, Spain, Russia | |
| Asia-Pacific: India, Japan, South Korea | |
| South America: Brazil | |
| Middle East & Africa: UAE, Saudi Arabia, Saouth Africa | |
| Key Companies Profiled | Arc Technologies, Inc., BAE Systems Plc, Cuming Microwave Corporation, Eeonyx, Laird Technologies, Inc., M.S.M. Industries, Inc., Mast Technologies, Micromag, MWT-Materials, Inc., Panashield, Parker Hannifin Corp, Soliani EMC S.R.L, etc. |
| Unit Denominations | USD Million/Billion |
It, in turn, is demonstrating an upsurge in the demand for radar-absorbing materials and investments to enhance the technology of this specialist class of polymer-based material for application on the surface of stealth military aircraft. For instance:
Moreover, an increasing number of partnerships & collaborations between companies across the aerospace industry is also playing a prominent role in escalating the demand for radar absorbent material and driving the Global Radar Absorbent Materials Market through 2027. For instance:
