RADAR Market by Type (Naval, Airborne, Ground-Based, and Space-Based) - Global Opportunity Analysis and Industry Forecas
RADAR Market Overview:<br>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.
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