The global Radar Market size is anticipated to reach USD 38.01 billion till 2025. It is anticipated to register growth with a CAGR 0f 3.8% during the forecasted period, 2019 to 2025. This growth can be attributed to rising need for security and safety owing to increasing number of crimes, international conflicts, and terrorism across the globe.
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Market Synopsis of Radar Market:
The airborne platform segment generated a revenue of USD 8,866.9 Million in 2018 owing to surging need across majority of the aircrafts for good performance in missions. Moreover, the ground base systems segment is expected to register significant growth in the upcoming years owing to the need for locating the targets and strengthening of the cavalry units among the developing countries.
Asia Pacific held the second largest share across the global market in 2018 due to the factors like increasing manufacturing bases, SME’s presence, surging adoption of radar technology, and rising international sea trade. North American is also expected to register substantial growth during the forecasted years owing to rising trade with other countries through airways and waterways.
The radar market includes key players such as Collins Aerospace; Lockheed Martin Corporation; BAE Systems; and Saab AB. They are engaged in producing radars that can be used systems being used for ground and air traffic monitoring. Moreover, several marketing strategies are being implemented by these players to gain competitive advantage over others.
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Table of Contents:-
Chapter 1 Methodology and Scope
Chapter 2 Executive Summary
Chapter 3 Radar: Market Variables, Trends & Scope
Chapter 4 Radar: Product Estimates & Trend Analysis
Chapter 5 Radar: Application Estimates & Trend Analysis
Chapter 6 Radar: End-use Estimates & Trend Analysis
Chapter 7 Radar: Industrial End-use Estimates & Trend Analysis
Chapter 8 Radar: Regional Estimates & Trend Analysis
Chapter 9 Competitive Landscape
Chapter 10 Radar: Manufacturers Company Profiles
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