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| A07798 | Pages: NA | Aug 2021 | 1299 Views | | |
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Request Now !The radars stand for radio detection and ranging system. A military radar system is a detection system which uses radio waves to determine the angle, range, and velocity of the objects. Radars are used by defense forces for several purposes such as for surveillance, to find targets & track their movements (aircrafts, missiles, UAVs, naval vessels, and military land vehicles), to direct other weapons, and in taking countermeasures against incoming threats. Military radars are also capable in detecting & classifying targets such as crawling men troops, group of walking men and low flying helicopters. Additionally, military radars are used for navigation purposes and also as weather radars.
Market scope and structure analysis:
Report Metric | Details |
Market size available for years | 2020–2027 |
Base year considered | 2019 |
Forecast period | 2021–2027 |
Forecast units | Value (USD) |
Segments covered | Type, Platform, End User, Range, Component,Frequency Band, Dimension, Application,and Region |
Region covered | North America (the U.S. and Canada), Europe (Germany, the UK, France, and rest of Europe), Asia-Pacific (China, Japan, India, and rest of Asia-Pacific), Latin America (Brazil, Mexico, and rest of LATAM) and The Middle East and Africa |
Companies covered | Major players analyzed in the military radarsmarket include Northrop Grumman Corporation, Thales Group, Lockheed Martin Corporation, Israel Aerospace Industries Ltd., BAE Systems, Raytheon Technologies Corporation, Saab AB, Leonardo S.p.A., ASELSAN A.?., and L3Harris Technologies, Inc. |
Rise in security concerns among countries, increase in defense budgets of emerging economies, and growth in use of radar systems are the factors which drive the military radarsmarket. However, high costs involved in development of radars and new radar jammer techniques may hamper the growth of military radars market. Although, development of new radar systems, increasing application of UAVs in combat roles, and increasing demand of next generation air & missile defense systems will offer new growth opportunities in the military radars market.
Growth in regional conflicts, border disputes, and growth in terrorist activities has raised the security concerns among countries. Such concerns have enabled countries to procure advance defense systems such as military radars. For instance, in October 2018, India signed a deal with Russia to procure S400 missile defense system for 5.43 million USD (S400 system is equipped with advance radars, which can detect multiple targets from a distance of 600 Kms). Hence, due to security concerns, countries are procuring advance military systems such as military radars and thereby creating demand in global military radars market.
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