Military Radar Systems Market by Platform (Ground Based, Naval, Airborne, and Space based), Band Type (X & Ku Band, L & S Band, and Others), and by Geography - Forecast To 2021.
Pune, Maharashtra -- (SBWIRE) -- 01/16/2018 -- Market Highlights:
The industry is anticipated to witness upsurge demand owing to a rise in terrorism activities, inter-country conflicts, border infiltrations, and attack-prone borders. Military radars facilitate accurate detection, tracking, surveillance, ground mapping, and warning against stealth aircraft and weapons, thereby providing security.
However, the market is highly vulnerable to the existing economic conditions. The consequences of economic slowdown have taken a toll on the global military spending, driving down the industry growth opportunities. The European countries, such as Russia, Germany, and the UK, have witnessed cuts in defense budgets owing to macroeconomic conditions and financial crises. Furthermore, the high costs of military radars and the development of space-based radars demand huge spending on manufacturing and R&D activities.
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Major Key Players
Israel Aerospace Industries,
Exclusive Summery About Report:
RADAR (Radio Detection and Ranging) is basically a means of gathering information about distant objects by transmitting electromagnetic waves at them and analyzing the echoes. Radar finds a number of applications such as in airport traffic control, military purposes, coastal navigation, meteorology and mapping etc. Military radars have a highly specialized design to be highly mobile and easily transportable, by air as well as ground.
Radar is an electromagnetic system for the detection and location of reflecting objects such as aircraft, ship, spacecraft, vehicles, people and the natural environment. it operates by radiating energy into space and detecting the echo signal reflected from an object, or target. The reflected energy that is returned to the radar not only indicates the presence of a target, but by comparing the received echo signal with the signal that was transmitted, its location can be determined along with other target –related information. Radar can perform its function at long or short distances and under the conditions impervious to optical and infrared sensors. It can operate in darkness, haze, fog, rain, and snow. Its ability to measure the distance with accuracy and in all whether and situations is one of the most important attributes.
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Military Radar Systems Global Market - Segmentation
The Military Radar Systems Market can be segmented in to 3 key dynamics for the convenience of the report and enhanced understanding;
Segmentation By Platform : Comprises Ground Based, Naval, Airborne, and Space based and others.
Segmentation By Band Type : Comprises X & Ku Band, L & S Band, and others.
Segmentation By Regions : Comprises Geographical regions - North America, Europe, APAC and Rest of the World.
Global Market - Regional Analysis
As per the MRFR analysis, the Americas region will continue its dominance in the forecast period and will reach astronomical amounts. APAC will have significant growth and is expected to grow at a considerable CAGR during the forecast period.
In Europe, several security and space programs have been initiated in partnership with major countries such as France, Germany, Italy and Spain. The European Space Agency and the German Aerospace center have invested in radar technology.
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