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Military Radar Systems Market Is Set to Grow Exponentially High at CAGR of Around 5% During 2016-2021

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, India -- (SBWIRE) -- 04/16/2018 -- Military Radar Systems Market - Overview:

Radar system uses radio waves or microwaves to determine range and velocity of objects. The transmitter transmits the radio waves which is reflected back to the receiver, when it strikes any object or obstacle in the path. These reflected waves are analysed to determine the properties of the object. The information include range (and position) of the object. In general, the radars help to determine target range, angles, size, speed and features. Thus, radar can be used to detect aircraft, ships, missiles, military land vehicles or any such desired target.

For airborne radar, the aircraft are fitted with radar systems that warn of other aircraft or obstacles in the approaching path. These airborne radar systems also provide weather information, and altitude readings. Aircraft equipped with radar can also operate (take-off and land) during difficult weather conditions (such as fog). The radar-assisted ground-controlled approach systems are largely being utilized in many of the current operational aircraft.

Similarly, marine radars are used to identify the bearing and distance of the ships and marine vessels. Radar are crucial as the information received helps to prevent collision with other ships. It also helps ships to navigate, and determine their position in the sea.

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The leading market players in the global military radar systems market primarily include General Dynamics, Israel Aerospace Industries, Saab AB, Selex ES, Thales, ASELSAN, Boeing, Harris, Lockheed Martin, Northrop Grumman, Raytheon, and Terma.

Military Radar Systems Market – Competitive Analysis

The military radar systems market is highly competitive. There is strong competition among existing vendors, in terms of cost, product quality, reliability, and market share. To survive and succeed in such an intensely competitive environment, it is crucial for vendors to provide cost-effective and high-quality military radar systems.

At present, only a few of the major vendors dominate the military radar market. However, along with the shift in market dynamics from developed to emerging nations and change in nature of military procurement (amid defense budget cuts), the leading vendors will find themselves in an uncertain position in the value chain. Thus, it is highly imperative for the vendors to adjust their market presence and outlook as per the evolving demand in the market. For example, the uncertain procurement of next generation military fighter aircraft, and limited procurement of airborne early warning and fixed-wing surveillance aircraft can lead to intense market pressure for the airborne radar manufacturers. However, the longevity and service life of the existing military aircraft fleet has increased. Thus, there could be an immensely large market in terms of retrofit and aftermarket solutions.

To maintain market share and competitiveness, the major vendors should keep track of such market dynamics and changing demands. Moreover, they should be capable to provide rapid innovative solutions in the ever changing military systems market. For example, one of the trends in the military systems market has been towards SWaP reduction, thus there is demand for lightweight and smaller platforms. Development of high-end processors and lightweight antenna is a better solution in such case. Such antennas and processors are highly in demand for utilization in synthetic-aperture-radar (SAR). SAR and inverse SAR (ISAR) have already become the standard system on many military platforms and will likely find growing acceptance in other fighter aircraft and helicopters as well. For example, the next-generation fighter aircraft procured by NATO either already have active electronically scanned array (AESA) radar, with SAR capabilities, or are expected to upgrade this radar at a later stage. Thus, focus towards SAR-based radar system will provide a robust growth opportunity in the future.

Industry/ Innovation/ Related News:

Jan, 2018:- Raytheon signed a foreign military sales (FMS) contract worth USD 333.4 million with the U.S. Air Force for conducting Surveillance Radar Program operations.
Dec, 2017 - A joint venture of Lockheed Martin and Northrop Grumman signed a foreign military sales contract worth USD 103.1 million with the U.S Army to refurbish the fire control radars of the U.K.
Sep, 2017:- Northrop Grumman signed a contract worth $124.7 million with the U.S. Navy, to support the AN/APR-39 Radar Warning Receiver program.

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Military Radar Systems Market – Segments

For the convenience of the report and enhanced understanding; The Military Radar Systems Market is segmented in to 3 key dynamics
Segmentation by Platform: Ground Based, Naval, Airborne, and Space based.
Segmentation by Band Type: X & Ku Band, L & S Band, and Others
Segmentation by Regions: Comprises Geographical regions –Americas, Europe, APAC, and Middle East and Africa.

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