DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Military Radar Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2015 to 2025" report to their offering.
The military radar market is estimated to grow at a CAGR of 3.2 % from 2017 to 2025.
At present, many countries across the globe are facing dramatic situation related to national security. Governments are striving extensively to enhance their warfare and surveillance techniques to safeguard their country. Surveillance and detection play a major role in modern warfare. Radar is one such device used extensively for surveillance. A radar system usually operates in the ultra-high-frequency (UHF) or microwave part of the radio-frequency spectrum and is used to detect the position and/or movement of objects.
Persistent development in electronics has expanded the range and capabilities of modern day surveillance system including military radar system. Countries are adopting new and improved radar system for enhancing their surveillance capabilities. The radar system can have a direct impact on the security of their country. Consequently, military radar market is expected to grow at a consistent rate in the following years.
Countries including the U.S., China, Russia, the U.K., and India are among the largest spending countries over defense systems. Due to continually rising efforts towards strengthening their defense capabilities, the demand related military equipment is projected to remain strong throughout the forecast period. This would further boost the demand for military radar systems in the following years. The demand for military radar system is also driven by the rising territorial disputes amongst many countries worldwide.
Military radar market is quite consolidated in nature characterized by a few companies dominating the overall military radar market. These companies face a cut throat competition in order to maintain their market position. The companies consistently strive to upgrade their product capabilities by enabling them to operate on a wide range of radio frequency.
- Increasing demand for hi-tech defense and surveillance system.
- Perpetually changing technology and evolution of new designs of the military radar system.
- Increasing investments by the various governments for strengthening national security.
- Rising territorial disputes and terrorist activities.
Key Topics Covered:
Chapter 1 Preface
Chapter 2 Executive Summary
Chapter 3 Market Dynamics
Chapter 4 Global Military Radar Market, by Type
Chapter 5 North America Military Radar Market Analysis
Chapter 6 Europe Military Radars Market Analysis
Chapter 7 Asia Pacific Military Radar Market Analysis
Chapter 8 Rest of the World (Row) Military Radars Market Analysis
Chapter 9 Company Profiles
- Lockheed Martin Corporation
- Bae Systems
- General Dynamics Corporation
- Airbus Group
- Raytheon Company
- Thales Group
- Northrop Grumman Corporation
- Saab Group
- Israel Aerospace Industries (Iai)
- Finmeccanica Spa
For more information about this report visit https://www.researchandmarkets.com/research/f9l4nl/global_military