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:
Market Segmentation
Based on Type:
Here, Magnetic is anticipated to make significant contributions to the expansion of the Global Radar Absorbent Materials Market during the forecast period. It owes principally to the widespread availability of these materials in various forms like sheet, powder, and film, among others, entwined with its extensive suitability for several applications across industries, demonstrating a high procurement rate for magnetic radar absorbent materials.
Moreover, since magnetic radar materials absorb microwaves significantly, their demand is accelerating rapidly across both military & commercial sectors, backed by the awareness that more magnetic materials would microwave more absorption. Hence, with the swift expansion of industries like military, automotive, and other commercial sectors, the demand for magnetic type is set to mount substantially and drive the Global Radar Absorbent Materials Market through 2027.
Based on Technology:
Among all, Circuit Analog RAM is anticipated to have substantial contributions to the expansion of the Global Radar Absorbent Materials Market during the forecast period. It owes principally to these technologies being used to give different designs to products. These technologies are used extensively to develop wing-shaped structures for aircraft, drones, & unmanned aerial vehicles.
Backed by the rapidly growing adoption of such vehicles for surveillance, emergency rescue, product delivery, military, & commercial purposes, among others, the demand for circuit analogs is anticipated to witness an upsurge and cater to the growth of the Global Radar Absorbent Materials Market through 2027.
On the other hand, Resonant Absorbers shall also emerge as an area of opportunity for the players in the Global Radar Absorbent Material Market during the forecast period. Resonant Absorbers further bifurcates into:
Among all, the demand for Jaumann layers is escalating rapidly and hinting toward the prevalence to acquire the largest market share among all resonant absorbers in the coming years. It owes principally to the development of fifth & sixth-generation aircraft, instigating the need to add more adoption of radar absorbent material technology like resonant absorbers & circuit analog radar absorbent materials and hinting toward an opportunistic future of the Global Radar Absorbent Materials Market through 2027.
Regional Projection
On the Geographical Front, the Global Radar Absorbent Materials Market expands across:
Here, North America dominated the market with the largest share in the previous years and is anticipated to prevail the same trend in the coming years, while generating lucrative opportunities for the leading players. It owes principally to the presence of various large organizations augmenting the demand for these materials in different end-user industries entwined with the active participation of the regional players, introducing smart radar absorbent materials.
Besides, the swift expansion of the automotive industry rapidly manufactures vehicles and surging the demand for these materials for coating & stimulating the market growth across North America. Moreover, in terms of materials used, hybrid radar absorbent material is expected to gain popularity across the region in the coming years.
Across the region, healthcare devices and aircraft are among the prominent areas of applications for RAM & contributing to the market growth. The increasing sales of military drones for maritime & border surveillance in the region, especially across countries like the United States & Canada, are driving the demand for radar absorbent material.
It owes principally to the growing demand for lightweight devices with efficient & effective technology & an accelerating need for military aircraft to strengthen security. Among different countries, the US is anticipated to contribute substantially to the market growth in North America during the forecast period, attributing to an escalation in the adoption of advanced technologies & procurement of microwave absorbent materials and driving the overall growth of the radar absorbent materials market.
Key Questions Answered in the Market Research Report:
Frequently Asked Questions
A. The Global Radar Absorbent Material Market is projected to grow at a CAGR of around 19% during 2022-27.
A. Magnetic is anticipated to emerge as an area of remunerative opportunities for the leading players in the Global Radar Absorbent Material Market during the forecast period.
A. “North America” would offer substantial growth prospects in the Global Radar Absorbent Material Market during 2022-27.
