Global RADAR Systems Market
The end-user of this technology belongs to verticals such as Defence, Maritime Applications, Automotive, Oil & gas industry, Aviation, Aerospace, Weather Monitoring, and Others
The Global Radar Systems Market is expected to grow at a CAGR of around 5.9% over the next decade to reach approximately $34.3 billion by 2025. The factors driving the market ofradar systems are the demand for high-end technology for various purposes ranging from defense to weather forecasts.
The segmentation of the global radar systems market can be regardin g product type, application, end-use i ndustry, and geography. Based on types,radar systems are Pulsed, which include short pulses and pulse compression subtypes, Continuous wave radar (modulated and un-modulated). By application, Land-based, Airborne, Naval and Others. By end-user, Military &Defence, Aviation, Space Technology, Maritime Applications, Weather Monitoring, etc. and lastly by geography, North America, Asia Pacific, Latin America, Europe, and the Middle East and Africa .
The upsurge in the utilization of UAVs in military and defense is fueling the growth of this market. With RADAR systems discovering applications in numerous fields the advancements in technology is expected to rise. Extensive spending of nations on military and security is driving the market forward. But the advent of stealth technology which absorbs Radio waves and hence can go undetected is somewhat a concern for the system to deal with. Again, the stealth systems are reinforcing the demand for the development of RADAR systems to innovate and improve.
The products and vendors are segmented into different regions like North America, Europe, Latin America, Middle East Africa and Asia-Pacific.
With the increase in spending of countries on their defense budget which includes expending in the sophistication of technology and the radar systems very much qualifies for it.
--> Some of the Key players are Lockheed Martin (U.S.), Rockwell Collins (U.S.),Reutech Radar Systems, Saab Group (Sweden), Northrop Grumman, BAE Systems (U.K.), Rheinmetall AG (Germany), Raytheon, Thales Group,and General Dynamics (U.S.).
> Market segments
> Market Drivers, Restraints and Opportunities
> Market Size & Forecast 2016 to 2022
> Supply & Demand Value Chain
> Market - Current Trends
> Competition & Major Companies
> Technology and R&D Status
> Porters Five Force Analysis
> Strategic and Critical Success Factor Analysis of Key players
> 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
>> Rest of Eastern Europe
> Asia Pacific
>> 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
This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. 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.
> 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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