Global Military Radars Market

Introduction

A Radar, which is an acronym for Radio Detection and Ranging, is an object detection system that transmits signals and analyses the echoes coming from objects. It was invented as a ship detection system to avoid a collision. Military radars are one of the most important requirements during the wartime, which can be used for early detection of ballistic missile and also for accurate target detection and firing. Military radars possess the following advantages: all weather and night capability, multiple target handling capability and high mobility so that it can be used in all terrains.

Market Dynamics

The factors that drive growth for the Military Radars Market include the modernization of the existing military technology across the world. There has also been a growing importance for automated systems that require little or no human intervention. This is another driver for the growth of this market. Meeting the high demand for these systems is a challenge faced by this industry.

The market also throws up several Opportunities with regard to a large number of technological enhancements in the form of advanced radar technology.

Market Segmentation

The market is segmented in terms of the type, application, and geography.
In terms of the type, the market is classified into ground-based, naval, airborne and space-based.

On the basis of application, it is classified further into air defence radars, air traffic control radars, missile control radars, ground surveillance radars, and navigation based radars.

Regional/Geographic Analysis

North America is the dominating market in terms of market share due to the increasing investments made by the government to upgrade radar systems in the military. North America is followed by Asia Pacific. Asia Pacific is expected to have the highest growth rate. Europe is the third largest market is expected to grow at a faster pace in the future as it is reviving from an economic crisis.

Key players

Some of the major players in the market include Saab AB, The Boeing Company, Northrop Grumman Corporation, Lockheed Martin Corporation, BAE Systems plc, The Raytheon Company, Ltd., Rheinmetall Defence, and Honeywell International, Inc.

Report Contents:

> Global Market segments
> Global Market Drivers, Restraints and Opportunities
> Global Market Size & Forecast 2016 to 2022
> Supply & Demand Value Chain
> Global Market - Current Trends
> Competition & Major Companies
> Technology and R&D Status
> Porters Five Force Analysis
> Strategic and Critical Success Factor Analysis of Key players

Regional Analysis:

> North America

>> US and Canada


> Latin America

>> Mexico, Brazil, Argentina and Rest of Latin America


> Western Europe

>> EU5 (Germany, France, Italy, Spain, U.K.)
>> Nordic Countries (Denmark, Finland, Norway, and Sweden)
>> Benelux (Belgium, The Netherlands, and Luxembourg)
>> Rest of Western Europe


> Eastern Europe

>> Russia
>> Poland
>> Rest of Eastern Europe


> Asia Pacific

>> China
>> India
>> Japan
>> Australia and New Zealand
>> Rest of Asia Pacific


> Middle East and Africa

>> GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
>> South Africa
>> North Africa
>> Rest of Middle East and Africa



It provides details on Market Segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.

Report Highlights:

> Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
> Consumer and Pricing Analysis
> Market Dynamics of the industry
> Market Segmentation
> Estimated Market Sizing in terms of volume and value
> Recent trends in market and impact
> Research Status and Technology Overview
> Extensive Industry Structure Coverage

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