Radar Security Market Worth 25.17 Billion USD by 2022, at a CAGR of 5.90%
The radar security market is in the growth phase. The said market is expected to grow from USD 17.85 Billion in 2016 to USD 25.17 Billion by 2022, at a CAGR of 5.90% between 2016 and 2022. The rising demand for radar systems worldwide since militaries seek to replace legacy systems. Rising territorial conflicts and geopolitical instabilities in the Middle East and Asia-Pacific regions is also a key factor responsible for the growth of the market. Furthermore, defense budget cuts...
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