Albany, NY -- (SBWire) -- 04/06/2016 --About Air and Missile Defense Radar System
AMDRs are devices that facilitate early detection of approaching aircraft or missiles so that necessary countermeasures can be taken. Air defense radars have a range of over 300 miles, and can detect missiles, locate their position, and determine their speed. The actual life cycle of an AMDR system is approximately 20 years. However, with midlife advancements in its software and hardware systems, the radar can become more reliable and efficient throughout its service life. Growing terrorist threats and encroachment activities have resulted in increasing investments by governments and defense authorities to develop or procure AMDR systems.
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Technavios analysts forecast the Global AMDR System Market to grow at a CAGR of 6.81% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global AMDR system market for 2016-2020. It provides a comprehensive overview of the market along with market segmentation by platforms (airborne, land-based, and naval) and growth prospects by region
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The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Air and Missile Defense Radar System Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
General Dynamics Corp.
Lockheed Martin Corp.
Northrop Grumman Corp.
Raytheon Co.
Reutech Radar Systems
Other prominent vendors
BAE Systems
Finmeccanica
Israel Aerospace Industries
Saab
Thales Group
Market driver
Advanced battlefield surveillance radar
For a full, detailed list, view our report
Market challenge
Defense budget cuts
For a full, detailed list, view our report
Market trend
Introduction of new AMDR programs
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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Global Air and Missile Defense Radar System Market to Grow at a CAGR of 6.81% During the Period 2016-2020
"The Report Global Air and Missile Defense Radar System Market 2016-2020 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz"