The military radars market is projected to grow from USD 12.63 Billion in 2016 to USD 15.42 Billion by 2022, at a CAGR of 3.38% from 2017 to 2022. The objectives of this study are to analyze the military radars market, along with the statistics from 2017 to 2022, as well as to define, describe, and forecast the market based on dimension, range, platform, product type, component, frequency band, end user, application, and region.
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Recent developments section of military radars market report includes information on strategies adopted by various companies to strengthen their position in military radars market. Northrop Grumman (US), Raytheon (US), Saab (Sweden), Israel Aerospace Industries (Israel), Lockheed Martin (US), BAE Systems (UK), & Terma (Denmark) are some of major players operating in military radars market.
2 Mapping of Military Radars
3 Key Industry & Technology Trends
4 Solid-State Modules
5 Advanced Materials
6 Synthetic Aperture Radars
7 Lightweight Radars
8 Electronically Scanned Array Radars
9 Polarimetric Radars
10 Dual Band Radars
11 Innovations and Patent Registrations
The research methodology that has been used to estimate and forecast the military radars market begins with capturing data about the demand for military radars through secondary sources, such as Flight Global, SIPRI, SEA Europe, and paid databases.
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Different types of military radars offered have also been taken into consideration to determine market segmentation. The bottom-up procedure has been employed to arrive at overall size of military radars market from revenue of key players in market.
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The military radars market has been studied for North America, Europe, Asia Pacific, the Middle East, and Rest of the World. The Asia Pacific region is estimated to lead the military radars market in 2017, while the Middle East military radars market is projected to grow at the highest CAGR during the forecast period.
The growth of the Middle East market can be attributed to regional instability, long wars in the region, and non-conventional threats from terrorist groups, such as ISIS. Middle Eastern countries like Saudi Arabia, Israel, Qatar, and the UAE have increased their investments in military radars.
1 Attractive Market Opportunities in the Military Radars Market
2 Military Radars Market, By Frequency Band
3 Military Radars Market, By End User
4 Military Radars Market for Antenna Component Segment, By Type
The military radars market is projected to grow at the highest CAGR during the forecast period. The growth of this segment can be attributed to the introduction of new air defense systems along with long-range surveillance radars.
Up gradation of fleet and installation of various ground surveillance radars are major factors driving the growth of the army end-user segment.
Connect for More Details for More Information “Military Radars Market by Component (Antenna, Transmitter, Receiver, Duplexer, Display, Digital Signal Processor), Platform (Land, Naval, Airborne, Space), End User, Type, Frequency Band, Dimension, Range, Application, & Region - Global Forecast to 2022” report @ www.rnrmarketresearch.com/contacts…unt?rname=1250289 .
The military radars market has been studied for North America, Europe, Asia Pacific, Middle East, and Rest of the World (RoW). The report provides an in-depth market intelligence regarding market dynamics as well as major factors, such as drivers, restraints, opportunities, and industry-specific challenges, influencing the growth of the military radars market.
It also analyzes micro markets with respect to individual growth trends, future prospects, and their contribution to the military radars market.
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