Air and Missile Defense Radar (AMDR) Market Overview
The global Air and Missile Defense Radar (AMDR) Market size is projected to reach a CAGR of 7.8% from 2021-2028.
The Air & Missile Defense Radar is also known as AN/SPY-6, and offers surface warfare capabilities, as well as air and missile defense. The system consists of two primary radars- the X-band radar and the S-band radar, with the former used for precision tracking, missile communication, along with horizon search and terminal target illumination. The S-band radar is used for tracking, volume search and ballistic missile defense discrimination, & similar to X-band, also offers missile communication. The Air & Missile Defense Radar is additionally capable of performing electronic attacks owing to its AESA antenna.
Increased demand for naval based radar system from the armed forces is the factor that has supported long-term expansion for Air and Missile Defense Radar (AMDR) Market.
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Air and Missile Defense Radar (AMDR) Market Regional Analysis
South America is expected to be a high potential region for Air and Missile Defense Radar systems, where it is estimated that the procurement and maintenance cost of radars will be on constant growth. U.S. and Australia jointly agreed to develop an active phased array radar in 2014, based on x-band phased array and s-band active array technologies.
Air and Missile Defense Radar (AMDR) Market Competitive Landscape
Key Players
- Thales
- SAAB
- Rockwell Collins
- Raytheon
- Northrop Grumman
- Lockheed Martin
- Kelvin Hughes
- Israel Aerospace Industries
- Honeywell International
- Finmeccanica
- Exelis
- Cobham
- Boeing
- BAE Systems
- Airbus Group
Air and Missile Defense Radar (AMDR) Market Recent Developments
- In November 2019, Raytheon was awarded a 97.3 million USD contract regarding integration and production support for the AN/SPY-6(V), which includes software development for the Aegis baseline 10, along with Maintenance Training System development, among others.
- In December 2019, Northrop Grumman partnered with the Strategic Capabilities Office, for the demonstration of a conventionally-configured, ground-launched ballistic missile, conducted by the U.S. Air Force from California’s Vandenberg Air Force Base.
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Air and Missile Defense Radar (AMDR) Market Reasons to Acquire
- Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
- Gain authentic and granular data access for Air and Missile Defense Radar (AMDR) Market so as to understand the trends and the factors involved behind changing market situations
- Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
- In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns
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