Radar Apparatus Market Overview in the European Union
In value terms, radar apparatus production expanded rapidly to $ in estimated in export prices. In general, production enjoyed prominent growth. The pace of growth was the most pronounced in 2018 when the production volume increased by % against the previous year. The level of production peaked in and is likely to continue growth in years to come.
Germany ( tonnes) constituted the country with the largest volume of radar apparatus production, accounting for % of total volume. Moreover, radar apparatus production in Germany exceeded the figures recorded by the second-largest producer, Italy ( tonnes), fivefold. The third position in this ranking was occupied by France ( tonnes), with a % share.
In Germany, radar apparatus production increased at an average annual rate of +% over the period from 2007-. In the other countries, the average annual rates were as follows: Italy (+% per year) and France (+% per year).
The value of the radar apparatus market in the European Union surged to $ in , increasing by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption posted a resilient increase. The most prominent rate of growth was recorded in 2018 when the market value increased by % year-to-year. Over the period under review, the market attained the peak level in and is expected to retain growth in the immediate term.
From 2007 to , the average annual rate of growth in terms of volume in Germany stood at +%. The remaining consuming countries recorded the following average annual rates of consumption growth: France (+% per year) and Italy (+% per year).
In value terms, France ($) led the market, alone. The second position in the ranking was occupied by Germany ($). It was followed by Belgium.
In France, the radar apparatus market expanded at an average annual rate of +% over the period from 2007-. The remaining consuming countries recorded the following average annual rates of market growth: Germany (+% per year) and Belgium (+% per year).
The countries with the highest levels of radar apparatus per capita consumption in were Finland ( kg per persons), Germany ( kg per persons) and Sweden ( kg per persons).
From 2007 to , the biggest increases were in Germany, while radar apparatus per capita consumption for the other leaders experienced more modest paces of growth.
For radio remote control apparatus, consumption expanded at an average annual rate of +% over the period from 2007-. For the other products, the average annual rates were as follows: radio navigational aid apparatus (+% per year) and radar apparatus (-% per year).
In value terms, the largest types of radar apparatus, radio navigational aid apparatus and radio remote control apparatus in terms of market size were radar apparatus ($), radio navigational aid apparatus ($) and radio remote control apparatus ($).
Radar apparatus recorded the highest rates of growth with regard to market size, among the main consumed products over the period under review, while radar apparatus market for the other products experienced more modest paces of growth.