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Military Radars Market worth 13.04 Billion USD by 2020

Military Radar Market by Platform (Ground Based, Naval, Airborne, Space Based), Band Type (X & Ku Band, L & S Band, Others), Application (Weapon Guidance System, Surveillance) & Geography - Global Forecast to 2020<br>

RameshwarM
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Military Radars Market worth 13.04 Billion USD by 2020

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  1. MarketsandMarkets Presents Military Radars Market worth 13.04 Billion USD by 2020 The global military radars market was valued at USD 11.02 Billion in 2015 and is projected to reach USD 13.04 Billion by 2020, at a CAGR of 3.42% from 2015 to 2020. Increased concerns towards airborne fire control, surveillance, ground mapping, early warning, air traffic control (ATC) SAM guidance, and so on are driving the demand for military radars across the globe. Browse 81 market data Tables and 79 Figures spread through 162 Pages and in-depth TOC on "Military Radar Market - Global Forecast to 2020" Get More Information: http://bit.ly/2soLjML

  2. Ground Based radars segment is expected to be the major contributor to the overall military radars market Ground-based radars systems are capable to get real-time information in warfare situations. To locate unexploded ordinance and tunnels, ground-based system is very effective. Movement near exterior walls, critical infrastructure, and building can be traced using ground-based systems. Ground-based radars are used along with airborne, naval, and satellite platform radars for target integration. Download PDF Brochure@ http://bit.ly/2sgE7Tv Early buyers will receive 10% customization on reports. For instance, the U.S. has a very elaborate Ballistic Missile Early Warning System (BMEWS) to detect incoming missiles.

  3. Weapon guidance application registered the highest growth Weapon guidance system application of military radars depends upon tracking function of military radar system. The defense requirements and high accuracy needs of military forces around the globe expect improvement in the accuracy and precision of military radars. This is one of the prime factors for increased demand for precision guided systems. The global military radars market, on the basis of region, is led by the North American countries that include the U.S. and Canada. The North America region contributes the largest share in the global military radars market. High demand of surveillance systems and radars in the U.S. is majorly driven by the Air and Missile Defense Radar (AMDR) program, the Three Dimensional Expeditionary Long Range Radar (3DELRR) program, the Space Fence program, procurement of AN/TPS- 59, AN/TPS-63, AN/TPS- 80 radar systems, and the Acoustic Rapid COTS Insertion (A - RCI) program.

  4. Asia-Pacific region to witness highest growth in military radars market during the forecast period In 2015, Asia-Pacific is expected to have the second-largest market share and highest growth rate in the global military radars market. Existence of intercountry conflict over the disputed area of South China Sea is a major factor that is compelling the authorities to increase naval surveillance capabilities in the affected region. The major players in the military radars market are Lockheed Martin Corporation (U.S.), Northrop Grumman Corporation (U.S.), Raytheon Company (U.S.), Saab Group (Sweden.), and Thales Group (France), Airbus Group (Netherlands), BAE Systems (U.K.), General Dynamics Corporation (U.S.), Israel Aerospace Industries (IAI) (Israel), and Finmeccanica SpA (Italy).

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