The radar sensor is an object-detection device that uses radio waves to determine range, altitude, direction, and speed of objects. It can be used to detect, search, and track aircraft, ships, spacecraft, guided missiles, and motor vehicles under various conditions of terrain, visibility, and weather. "

Visionary leaders are the leading market players in terms of product portfolio, geographic reach, innovative technologies, and adoption of growth strategies. The SWIR market is moderately dominated by the players covering a major share of the market. These players have a broad product portfolio that caters to most of the regions globally. Visionary leaders primarily focus on acquiring the leading market position through their strong financial capabilities and well-established brand equity.

Dynamic differentiator are established vendors with the strong business strategies. However, they have comparative lower product portfolio as compared to visionary leaders. They are generally focus on a specific type of technology related to the product. There are many companies in radar sensor market who largely depend on their competitive R&D.

Innovators demonstrate substantial product innovations compared to their competitors. Owing to moderate capital requirements, it is not very difficult for new players to enter into this market. There is a high demand for these products; therefore, new players can make steady profits.

Emerging companies have starting gain their position in the market. They do not possess the strong business strategies compared to the other established vendors. They can be new entrants in the market and may require some more time before getting significant traction in the market.