Portland, OR -- (SBWIRE) -- 11/21/2017 -- Progressive Markets added a report, "Global Security and Surveillance Radar Market - Size, Trend, Share, Opportunity Analysis & Forecast, 2014-2025," which says that the market is expected to grow at a CAGR of around 7% from 2017 to 2025.

Security & surveillance radar systems are employed for detection and tracking of small, non-cooperative, low radar cross-section, and non-linearly moving targets for national security. Operating as a standalone security/force protection system, the radar technology detects and alerts about perimeter intrusions on land, in the air, and in water. The systems can be programmed to detect a wide range of objects that cross pre-set site perimeters or zones and provide automated visual and audible notifications to security forces. The objects include personnel, vehicles, unmanned aerial systems, helicopters, ships, aircrafts, and more. The types of radar systems for security and surveillance include the airborne surveillance radar system, the marine surveillance radar system, and the ground surveillance radar system.

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Market Drivers and Restraints

The global market for the security and surveillance radar is poised for growth due to numerous factors such as growing incidences of wars and disputes, augmented obtainment for national security, the rising number of navigation radars being used by unmanned aerial vehicles (UAV), and an increase in the modernization of air-defense networks. Furthermore, the development of active electronically scanned array (AESA) technology, On the other hand, factors such as the dynamic nature of military operations and issues with deployment of radars on the border are likely to hinder the growth of the market.

Security and Surveillance Radar Market Key Segmentation:

The security and surveillance radar industry analysis report encompasses the market segmentation by platform type and geography. Based on the platform type, the market is classified as maritime security & surveillance radar, land-based security & surveillance radar, and airborne security & surveillance radar. Based on geography, the security and surveillance radar industry report analyzes the market across North America, LAMEA, Europe, and Asia-Pacific. The market in the North-American region covers Canada, U.S., and Mexico. In the LAMEA region, the market has been analyzed across Brazil, South Africa, Saudi Arabia, and the rest of LAMEA. The market in European region has been studied in Germany, UK, Russia, France, and the other parts of Europe. The market in the Asia-Pacific region has been analyzed across China, Japan, Australia, India, and the other parts of Asia-Pacific.

Key Market Players

The top players in the global security and surveillance radar market include Northrop Grumman Corp, Lockheed Martin, SAAB AB, Rockwell Collins, BAE Systems, Thales SA, Honeywell International Inc., Finmeccanica SPA, Raytheon Co., and Airbus Group.

Key Benefits from the Report

The report analyzes the overall security and surveillance radar market, presenting information about the security and surveillance radar market size, security and surveillance radar market share analysis, security and surveillance radar market outlook, trends analysis, and more. The data in this report is based upon an exhaustive primary and secondary research. The present and historic security and surveillance radar market size are provided by analyzing the current and past trends of the market, helping to determine the future market potential. The market forecast from 2017 to 2025 has been provided for every segment and region. The security and surveillance radar market share analysis has been performed for every segment, indicating how well the market is performing. The report identifies the key drivers and restraints affecting the industry growth, helping market players and new entrants devise sound business plans.

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The Porter's Five Forces analysis identifies the competitive forces within the security and surveillance radar market. It includes the bargaining power of buyers, bargaining power of suppliers, the threat of substitutes, industry rivalry, and the threat of new entrants. The security and surveillance radar market analysis report provides profiles of the key players of the market, including details about their recent developments, products and services, and key financial and business metrics. Information about the players provides better understanding of competition as well as the demands of the market. The security and surveillance radar market outlook is provided by analyzing the past performance, prevailing economic factors, demand, and more.