Global Military Radars Market : Industry Analysis and Forecast (2019-2027)

Global Military Radars Market was valued at US$ XX Bn in 2019 and is expected to reach US$XX Bn by 2027, at a CAGR of XX% during a forecast period.

Global Military Radars Market was valued at US$ XX Bn in 2019 and is expected to reach US$XX Bn by 2027, at a CAGR of XX% during a forecast period.

The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.

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Global Military Radars Market Dynamics

Increasing concerns regarding border security across the globe and continuous threat from neighboring countries have forced the governments to procure a hi-tech weapon which is one of the factor expected to flourish the growth of military radar market by the end of 2027. Moreover, miniaturization and automation of surveillance and defense systems are predictable to flourish the growth of military radar market around the world. Likely, rising demand for military radar for weapon guidance system is predicted to boost the demand for military radar.

Additionally, increasing government initiatives to build defense infrastructure coupled with huge investment by the government to curb the threats from neighboring nations is projected to boost the growth of military radar market. Also, growing research and development activities by major key players to offer effective surveillance product and modernization of existing military radar systems are boosting the growth of military radar market.
However, the high cost of space-based radars is expected to hamper the growth of the military radar market over the forecast period. Likewise, growing cyber warfare is also one of the major factors hindering the growth of military radar market.
Global Military Radars Market Segment Analysis

Ground-based military radar segment accounted for the largest CAGR of the global market share in 2019 and is projected to continue its dominance over the upcoming years. Ground-based radars are gaining traction as they offer real-time information in situations such as warfare. The radars effectively help in activities, for instance, ground penetration, locating enemy weapons, and unexploded tunnels, among others.

Navy sub-segment is likely to account for the largest market share in 2019. A large-scale modernization of ships, construction of new ships, and development of coastal surveillance networks are factors that have contributed to the growth of the end-user segment.

Air missile defense segment is estimated to account for the largest market share in 2019 because of the increased use of air missile defense radars in various land and naval-based anti-ballistic missile defense systems. North America region accounted for the major market for military radar market in terms of revenue in 2019 followed by APAC.
Global Military Radars Market Regional Insights

North America is expected to continue its dominance over the forecast period because of technological advancements in the field of military radar. Also, the U.S. is the dominating country of military radar market owing to increasing investments by government to enhance defense infrastructure. Additionally, the presence of major key players of the military radar in the North America region is held to foster the growth of military radar market. Various major players operating in the military radars market globally. Airbus Group Inc. is one of the leading players in military radars market. Airbus Group Inc. develops and offers defense and homeland security, helicopters, commercial aviation, and telecommunications and service solutions. The company provides defense systems, military and civilian fixed-wing aircraft, professional mobile radio solutions, emergency call center management and avionics and controls, radio dispatch services, and test equipment and services, besides computer and network security solutions.

The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and forecasts with a suitable set of assumptions and methodology. The report also helps in understanding Global Military Radars Market dynamics, structure by identifying and analyzing the market segments and project the global market size. Further, the report also focuses on the competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, SWOT analysis to address the question of shareholders to prioritizing the efforts and investment in the near future to the emerging segment in the Global Military Radars Market.
Global Military Radars Market, Key Highlights:

• Global Military Radars Market analysis and forecast, in terms of value.
• Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the Global Military Radars Market
• Global Military Radars Market segmentation on the basis of type, source, end-user, and region (country-wise) has been provided.
• Global Military Radars Market strategic analysis with respect to individual growth trends, future prospects along with the contribution of various sub-market stakeholders have been considered under the scope of study.
• Global Military Radars Market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East Africa (MEA) and Latin America along with country-wise segmentation.
• Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled.
• Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the Global Military Radars Market are also profiled.

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Scope of the Global Military Radars Market: Inquire before buying

Global Military Radars Market, by Range

• Long Range
• Medium Range
• Short Range
• Very Short Range
Global Military Radars Market, by Platform

• Airborne
• Land
• Naval
• Space
Global Military Radars Market, by Component

• Antenna
• Transmitter
• Receiver
• Duplexer
• Display
• Digital Signal Processor
• Stabilization System
Global Military Radars Market, by Product Type

• Surveillance Airborne Early Warning
• Tracking Fire Control Radar
• Multi-function Radar
• Synthetic Aperture Moving Target Indicator Radar
• Weapon Locating Radar C-RAM
• Ground Penetrating Radar
• Weather Radar
Global Military Radars Market, by Frequency Band

• VHF/UHF Band
• L Band
• S Band
• C Band
• X Band
• Ku/Ka/K Band
Global Military Radars Market, by End User

• Army
• Navy
• Air Force
Global Military Radars Market, by Dimension

• 2D
• 3D
• 4D
Global Military Radars Market, by Application

• Airspace Monitoring Traffic Management
• Air Missile Defense
• Weapon Guidance
• Ground Surveillance Intruder Detection
• Airborne Mapping
• Navigation
• Mine Detection Underground Mapping
• Ground Force Protection Counter Battery
• Weather Monitoring
Global Military Radars Market, by Region

• North America
• Asia Pacific
• Europe
• Middle East Africa
• South America
Global Military Radars Market Key Players

• Lockheed Martin
• Northrop Grumman
• Saab
• Leonardo
• Aselsan
• Hensoldt
• Harris
• Terma
• BAE Systems,
• General Dynamics Corporation
• Airbus Group
• Raytheon Company
• Thales Group
• Israel Aerospace Industries (IAI)
• Finmeccanica SPA.
• Terma A/S

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