Naperville, IL -- (SBWIRE) -- 08/01/2013 -- Reportstack has added a new market report which forecasts that the overall spending in Passive radar technology will cross $10 billion annually at the end of 2023.
Passive radar is different from traditional forms of radar in that it does not emit any electromagnetic radiation. Instead, it relies on reflections from other electromagnetic signals in the atmosphere in order to provide a radar picture. Passive radar provides a number of distinct advantages that will allow it to corner a significant portion of defense, homeland security, and civilian radar markets. In addition to cost-efficiency, passive radar is also covert, an effective counter to stealth technologies, and environmentally friendly.
The market for passive radar is still in its infancy, and few companies have developed effective, marketable systems. However, as the technology becomes more sophisticated and affordable, more and more competitors can be expected to enter the market, particularly in defense and homeland security.
By the end of 2023, we expect passive radar technology investments to account of more than $10 billion in revenue, following a CAGR of nearly 36% between 2013 and 2023. This report focuses on the two markets where passive radar technology has the greatest potential: civilian aviation and military radar applications.
The report presents vendor strategies, overall depictions of potential growth in both sectors, as well as detailed qualitative and quantitative analysis of global and regional drivers and limitations on market potential from 2013 till 2023.
The report comes with an associated excel datasheet covering quantitative data from all revenue projection forecasts presented within the report.
Key Findings:
The report has the following key findings:
At present, the market for passive radar is still in its infancy, and few companies have developed effective, marketable systems
Overall spending on passive radar technology will surpass $10 Billion annually by the end of 2023
The flexibility of deployment, together with stealth and surveillance capabilities will drive passive radar investments to comprise nearly 41% of the total military radar spending between 2013 and 2023
Cost efficiency, spectrum congestion and emerging urban applications are the key drivers impelling passive radar investments in civil aviation
Topics Covered:
The report covers the following topics:
The business case for passive radar technologies
Market drivers and limitations for civilian aviation and military applications
Profiles and strategies of key industry players
Global and regional market forecasts for passive radar investments:
Submarket forecasts are categorized in the following two categories:
Military & Homeland Security passive radar market
Civil Aviation passive radar market
Regional forecasts are categorized in the following six categories:
North America
Asia Pacific
Europe
Middle East
Africa
Latin & Central America
Key Questions Answered:
The report answers to the following key questions.
How big is the opportunity for passive radar technology and what is the size of the total addressable market?
What are the key military and civil aviation applications of passive radar technology?
What are the market drivers and barriers for the adoption of passive radar technology?
Which region will witness the highest level of investments and growth on passive radar?
Which key industry players are investing in passive radar technology?
List of Companies Mentioned:
The following companies have been mentioned in the report.
Applied Radar
BAE
Bruel and Kjaer
Cambridge Pixel
Cassidian
Cobham
Department of Defense (DOD)
DRS Technologies
EADS
ELTA Systems
Ettus Research
EUROCONTROL (European Organization for the Safety of Air Navigation)
Federal Aviation Authority (FAA)
Finmeccanica
Frequentis
General Atomics Aeronautical Systems, Inc.
Helios Remote Sensing Systems
Honeywell
Indra
Information Systems Laboratories
Israel Aerospace Industries
ITT Corporation
Kelvin Hughes
Lockheed Martin
Longbow LLC
NATS
NIIP
Northrop Grumman Corporation
Raytheon Company
Roke Manor Research
Royal Air Force
Saab AB
Selex ES
Telephonics
Terma
Thales Group
ThalesRaytheonSystems
The Boeing Company
To view the table of contents of this market analysis, please visit The Military and Civil Aviation Passive Radar Market: 2013 - 2023 report
Contact:
Roger Campbell
contactus@reportstack.com
Naperville
Illinois
United States
Ph: 888-789-6604
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