Military Radar Market By Type (Ground-Based, Naval-Based, Airborne, Space-Based) - Growth, Share, Opportunities & Competitive Analysis, 2015 - 2025

Radio detection and ranging (RADAR) is a detection and surveillance system which uses radio frequency to detect any object. Radar has the capacity to find any stationary or moving object and determine their shape, distance, angle, velocity and other static and dynamic properties. Radars are primarily developed for military applications and are extensively used for surveillance and detection. The modern military radar system has the capability of surveillance while based on the ground, ships and aircraft carriers, aircraft, and also on space stations. The profound proliferation of advanced electronics has amplified the capacity of radar systems, expanding its application area. In addition, advanced electronics has made the military radar system more compact and easy to maneuver. Consequently, the aforementioned merits have boosted the demand for the modern military radar system in the past few years.

Many countries across the globe are facing crucial security issues such as territorial conflicts, terrorist activities, and illegal infiltration. Various national governments are heavily investing in order to strengthen their war capabilities and surveillance system. Consequently, the advanced military radar system is heavily procured by the governments for better surveillance and detection of their borders and inaccessible regions. Apart from ground surveillance, military radar system is also capable of inspecting the water bodies and airspace. In addition, the military radar system is used for military activities such as warning against hidden explosives and mines, ground mapping and detection of stealth aircraft, incoming projectiles, and vehicles.

Military Radar Market

The report titled “Military Radar Market- Growth, Future Prospects and Competitive Landscape, 2017-2025” offers strategic insights into the global military equipment market with a focus on the market size and estimates for the duration 2015 to 2025. The said research study covers in-depth analysis of market segments based on types and cross-sectional study across different geographies. The study covers the comparative analysis of each sub-segment for the years 2016-2025. The report also provides a prolific view on market dynamics such as market drivers, restraints, and opportunities.

In order to help strategic decision makers, the report also includes competitive profiling of the leading military radar manufacturers, their strategies, market positioning and key developments. Some of the major players profiled in the report include Lockheed Martin Corporation, BAE Systems, General Dynamics Corporation, Airbus Group, Raytheon Company, Thales Group, Northrop Grumman Corporation, Saab Group, Israel Aerospace Industries (IAI), and Finmeccanica SPA. Other in-depth analysis provided in the report includes:

  • Current and future market trends to justify the forthcoming attractive markets within the military radars.
  • Market fuellers, market impediments, and their impact on the market growth
  • Market inclination insights including evolution of Radars and key trend analysis for military radar market
  • In-depth competitive environment analysis
  • Trailing 2-Year market size data (2015 – 2016)
  • SRC (Segment-Region-Country) Analysis

Overall, the research study provides a holistic view of the global military radar market, offering market size and estimates for the period from 2017 to 2025, keeping in mind the above-mentioned factors.

The global military radar market has been segmented, on the basis of geographical regions, as per following regions and countries:

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • France
    • Rest of Europe
  • Asia Pacific
    • Japan
    • China
    • India
    • Rest of Asia Pacific
  • Rest of the World (RoW)
    • Middle East & Africa (MEA)
    • Latin America

Military Radar Market

North America dominates the overall military radar market, in terms of revenue, as of 2016. The market here is principally driven by the U.S. contributing to more than 90% of the regional market revenue. The U.S. accounts for the highest spending over defense systems (including military radar). Due to border issues along Mexico, radar systems have been witnessing consistent demand since the past several years. In addition, the presence of a large number of major companies is another major factor supporting the market growth here. Subsequently, North America would continue to dominate the overall military radar market throughout the forecast period.

Asia Pacific trails North America in the overall military radar market, in terms of revenue. Asia-Pacific countries such as China, India, Japan and South Korea are striving extensively to expand their war capabilities. The aforementioned countries contribute the majority of the market revenue in Asia Pacific. Due to rising border tensions along with the expenditure over defense systems, Asia Pacific is projected to emerge as the fastest growing market in the following years.

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Published Date:  Jun 2017
Category:  Aerospace & defense
Report ID:   58501
Report Format:   PDF
Pages:   120
Rating:    4.5 (65)
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