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Military Radar Systems Market | Global Industry Professional Survey and In-depth Analysis Research Report Foresight to 2

The global military radar systems market to reach USD 14.46 billion by 2024, driven by the rising need for improving safety and security on the borders and rising conflicts among neighboring nations.

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Military Radar Systems Market | Global Industry Professional Survey and In-depth Analysis Research Report Foresight to 2

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  1. Your Catalyst to a Lucrative Business Military Radar Systems Market Share, Size,Growth, Key Players, Outlook and Forecasts to 2024 | Hexa Research “The global military radar systems market to reach USD 14.46 billion by 2024.” 24 October 2018 The global military radar systems market to reach USD 14.46 billion by 2024, driven by the rising need for improving safety and security on the borders and rising conflicts among neighboring nations. North America was the largest regional market commanding the highest revenue share in 2016 and is expected to maintain its dominance over the forecast period. The region is home to many active vendors such as Raytheon Company and Northrop Grumman Corporation in the defense market at large. Rise in investment activities, especially in developing countries such as China and India to strengthen their armies is expected to boost the military radars systems market over the forecast period. The ground-based radar platform dominated the market owing to its uses and applications in surveillance and weapon guidance. The segment is expected to continue to dominate the market over the forecast period as well. Airborne radars are widely used for guiding missiles and for tracing accurate and precise targets. Naval radars are expected to follow a similar growth trajectory with an expected increase in demand over the forecast period. Follow Us:

  2. Your Catalyst to a Lucrative Business Growing safety and security concerns with the nations along with rising investments and defense budgets are expected to spur growth in military radar systems market. Technological advancements in the military radar systems industry are leading to the growth and development of lightweight military radars which is projected to add to the growth of the market over the forecast period. Browse Details of Report @ https://www.hexaresearch.com/research-report/military-radar-systems-market The military radar systems market is estimated to witness growth in demand owing to the escalation in terrorist activities, border intrusions, and inter-country conflicts. Military radars are used for accurate and precise detection, surveillance, tracking, warning, and ground mapping of weapons and aircraft in the war zone. While the market for military radar systems is expected to grow over the forecast period, it remains susceptible to the prevailing economic situations. The result of economic slowdown has affected military spending in many countries, hindering the growth opportunities for defense market at large. European countries, such as Germany, UK, and Russia have observed cut down in defense expenditure owing to the financial crises and macroeconomic conditions. Furthermore, the development of space-based radars involves considerable expenditure on R&D activities, engineering, and production. Hexa platform, application and region: Research has segmented the global military radar systems market based on Segmentation by platform, 2014 - 2024 (USD Billion) • Ground-Based • Naval • Airborne • Space-based Segmentation by application, 2014 - 2024 (USD Billion) • Weapon guidance system • Surveillance Segmentation by region, 2014 - 2024 (USD Billion) • North America • U.S. • Asia Pacific • China • India • Europe • France • UK Key players analyzed • Lockheed Martin Corporation • Boeing • Northrop Grumman Corporation Follow Us:

  3. Your Catalyst to a Lucrative Business • Raytheon Company • Saab Sensis Corporation • BAE System PLC • Airbus Group • General Dynamics Corporation • Leonardo DRS • Harris Corporation Browse Related Category Market Reports @ https://www.hexaresearch.com/research-category/technology- industry About Us: Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives. Contact Us: Ryan Shaw Hexa Research Felton Office Plaza 6265 Highway 9 Felton, California 95018 United States Phone: +1-800-489-3075 Email: sales@hexaresearch.com Website - https://www.hexaresearch.com Follow Us:

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