DUBLIN--(BUSINESS WIRE)--The "X-Band Radar - Market Analysis, Trends, and Forecasts" report has been added to ResearchAndMarkets.com's offering.
X-Band Radar market worldwide is projected to grow by US$1.7 Billion, driven by a compounded growth of 4.3%
Defense, one of the segments analyzed and sized in this study, displays the potential to grow at over 5.6%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$3.5 Billion by the year 2025, Defense will bring in healthy gains adding significant momentum to global growth.
Representing the developed world, the United States will maintain a 5.2% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$80.7 Million to the region's size and clout in the next 5 to 6 years. Over US$76.7 Million worth of projected demand in the region will come from Rest of Europe markets.
In Japan, Defense will reach a market size of US$284.4 Million by the close of the analysis period. As the world's second largest economy and the new game changer in global markets, China exhibits the potential to grow at 4% over the next couple of years and add approximately US$271.7 Million in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders.
Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio.
Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.
Competitors identified in this market include:
- Japan Radio Co., Ltd.
- Northrop Grumman Corporation
- Raytheon Company
- SAAB AB
- Terma A/S
For more information about this report visit https://www.researchandmarkets.com/r/nmav4o