Research and Markets: Global Radar Market 2014-2018: One Major Driver is Increasing Demand for Radars from Developing Countries
DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/qlzfnb/global_radar) has announced the addition of the "Global Radar Market 2014-2018" report to their offering.
The analysts forecast the Global Radar market to grow at a CAGR of 12.43 percent over the period 2013-2018. One of the key factors contributing to this market growth is the increasing demand from developing nations. The Global Radar market has also been witnessing the increased usage of solid state electronics. However, the increasing regulatory barriers could pose a challenge to the growth of this market.
Key vendors dominating this space are Lockheed Martin Corp., Northrop Grumman Corp., Raytheon Co., and Thales S.A.
Other vendors mentioned in the report are Applied Radar, Inc., BAE Systems plc, Cambridge Consultants Limited, DRS Technologies, Inc., European Aeronautic Defence and Space Company EADS N.V., Euroradar Consortium, Galileo Avionica S.p.A, Honeywell International, Inc., ICx Technologies, Inc., Israel Aerospace Industries Ltd., M/A Com - Cobham plc, Mitsubishi Heavy Industries, Ltd., Rockwell Collins, Telephonics Corporation, and Terma A/S.
Commenting on the report, an analyst from the team said: AESA antenna systems are a new technological advancement that will help and improve the Global Radar market. In the past, passive electronically scanned array systems were used that could transmit and receive a single signal with a particular frequency to detect objects. AESA antenna systems have numerous modules with various frequencies that transmit and receive the detection of objects. These frequencies help the radar systems to detect different objects in different directions. Due to these advantages, AESA antennas are being more widely adopted than the mechanical array and passive phased-array radars. AESA radars have also surpassed the production value of mechanical array and passive phased-array radars, are growing significantly in the Global Radar market.
For more information visit http://www.researchandmarkets.com/research/qlzfnb/global_radar
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