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The growth in global RADAR market is fueled by increase in demand across various industries such as electronics, IT & Telecommunication, aerospace & defense, and automotive industries.
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Opportunity Analysis and Industry Forecast, 2016-2023 Radar Market Global Opportunity Analysis and Industry Forecast, 2014-2022
Radar Market RADAR Market Overview: Global RADAR market size is estimated to reach $10.4 billion by 2022, growing at a CAGR of 3.9% from 2016 to 2022. Radio Detection and Raging (RADAR) is an electronic equipment used to track an object using radio waves. It determines the spread, angle, and speed of the object falling within its radius. It is also used to forecast and detect the spacecraft, aircraft, missiles, weather, and other form of vehicles. RADAR was initially developed for defense and military purposes but with upcoming technologies and innovation, it finds its application in air traffic control, astronomy, air-defense system, anti-missiles systems, marine, aircraft anti-collision system, meteorological monitoring, and more. Advanced RADAR systems are used for digital signal processing and are helpful to extract useful information from high noise level. Introduction of new types of RADAR system has enhanced the development in technology, thus helping countries when it comes to security issues. Major factors that are driving the global RADAR market are increase in demand for the RADAR system and investment in defense due to increase in security related issues. Request to sample- https://www.alliedmarketresearch.com/request-sample/1930
Radar Market RADAR Market Key Segmentation The market is segmented based on type and geography. By Type Naval Airborne Ground-based Space-based Market Players in Value Chain Northrop Gruman Corporation Lockheed Martin Corporation SAAB AB Rockwell Collins Inc. Thales Group Kelvin Hughes L-3 Communications Holdings General Dynamics Corporation Dassault Group SRC Inc. Honeywell International Inc. Leonardo-Finmeccanica-Corporation
Radar Market • By Geography • North America • U.S. • Canada • Mexico • Europe • UK • Germany • France • Italy • Rest of Europe • Asia-Pacific • China • India • Japan • Oceania • Rest of Asia-Pacific • LAMEA • Latin America • Middle East • Africa
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