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Explore global military radar market forecast 2017-2027

Explore global military radar market forecast 2017-2027

This report provides an in-depth insight of Global Military Radar Market covering all important parameters including development trends, challenges, opportunities, key manufacturers and competitive analysis.

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The demand for radars is expected to be driven by the growing importance of unmanned platforms and the modernization of existing military radar systems. Moreover, the advent of technologically enhanced radar systems such as Active Electronically Scanned Array (AESA), coupled with changing warfare tactics, are also providing a significant push to the growth of the global military radar market.

Along with the major defense spenders in every region, smaller countries are also undertaking modernization initiatives for the development of improved radar systems. The global military radar market includes five segments on the basis of platforms, including airborne, ground-based, naval, sonar and space-based.

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In particular, the report provides an in-depth analysis of the following-
-Market size and drivers: detailed analysis during 2017-2027, including highlights of the demand drivers and growth stimulators. It also provides a snapshot of the spending and modernization patterns of different regions around the world
-Recent developments and industry challenges: insights into technological developments and a detailed analysis of the changing preferences of military radar segments around the world. It also provides trends of the changing industry structure and the challenges faced by industry participants
-Regional highlights: study of the key markets in each region, providing an analysis of the key segments of the market that are expected to be in demand
-Major programs: details of the key programs in each segment, which are expected to be executed during 2017-2027
-Competitive landscape and strategic insights: analysis of the competitive landscape of the global market. It provides an overview of key players, together with information regarding key alliances, strategic initiatives, and financial analysis

Synopsis

The Global Military Radar Market 2017-2027 report offers a detailed analysis of the industry, with market size forecasts covering the next ten years. This report will also analyze factors that influence demand for military radar equipment, key market trends, and challenges faced by industry participants.

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Scope

-The global military radar market is expected to grow at a CAGR of 2.46% over the forecast period. 
-The market consists of five categories: airborne, ground-based, naval, sonar and space-based.
-North America will dominate the sector with a share of 38.3%, followed by Asia-Pacific and Europe, with shares of 28.3% and 19.6%, respectively. 
-The ground-based segment is expected to be leading in North America, Asia-Pacific and Middle-East, whereas the airborne is expected to be the leading segment in Europe, Latin America and Africa.

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Key Companies

Northrop Grumman Corporation
Lockheed Martin Corporation
The Boeing Company
BAE Systems plc
Saab AB
Harris Corporation
The Raytheon Company
ELTA Systems Ltd.,
Selex ES
Rheinmetall Defence
Honeywell International, Inc.,
Aselsan

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