-- Military Radar Market report provides Global Military Radar Market Share, size, trends, key company, and growth analysis outllok to 2026. Global Military Radar Market is expected to value US$15.5 Billion in 2016, and will grow at a CAGR of 1.84%, to value US$18.6 Billion by 2026. The cumulative market for global expenditure on military radar will reach US$167.6 Billion over the forecast period. The demand for radar is expected to be driven by the growing importance of unmanned platforms and modernization of existing military radar systems.
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The global military radar market includes five segments on the basis of platforms which include, Airborne, Ground-based, Naval, Sonar and Space-based. The largest share in the global market for military radars is projected to be accounted by the airborne segment with an estimated 28% over the forecast period, followed by the Ground-based segment, which is analyzed to account for 25%. The Naval segment is estimated to make a contribution of 20% in the global market, followed by the Sonar and the Space-based segments with 15% and 11% respectively over 2016–2026.
Companies mentioned in this report: Northrop Grumman, Lockheed Martin, Boeing, BAE Systems, Saab, Harris Corporation, Raytheon, ELTA Systems, Selex ES, Rheinmetall, Honeywell International, Aselsan, Thales-Raytheon Systems Company.
Geographically, North America is expected to be dominating the market for airborne radar systems with cumulative spending of US$16 Billion on the segment during 2016–2026, followed by the Asian and European regions. The market for airborne military radar segment is expected to be primarily fuelled by the countries equipping military aircraft with the latest in radar technology, and developing more Early Warning Radar systems. Europe, which is the third largest market, is emerging from an economic crisis and is thus expected to witness only marginal growth over the forecast period; the region is expected to account for 23% of the total market.
The report “The Global Military Radar Market 2016-2026” offers detailed analysis of the Global Military Radar Market over the next ten years, and provides market size forecasts. Furthermore, it covers key technological and market trends in the industry, and analyzes factors influencing demand for military radar.
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In particular, it provides an in-depth analysis of the following:
Overview: Snapshot of the military radar market during 2016–2026, including highlights of the demand drivers, trends and challenges. It also provides a snapshot of the spending with respect to regions as well as segments.
Market Dynamics: Insights into the technological developments in the military radar market and a detailed analysis of the changing preferences of governments around the world. It also analyzes changing industry structure trends and the challenges faced by the industry participants. Segment Analysis: Insights into the military radar market from a segmental perspective and a detailed analysis of factors influencing the market for each sector. Regional Review: Insights into modernization patterns and budgetary allocation for top countries within a region.
Regional Analysis: Insights into the military radar market from a regional perspective and a detailed analysis of factors influencing the market for each region. Trend Analysis – Key Defense Market: Analysis of the key markets in each region, providing an analysis of the military radar segments expected to be in demand in each region. Key Program Analysis: Details of the top programs in each segment expected to be executed during the forecast period. Competitive Landscape Analysis: Analysis of competitive landscape of the global military radar industry. It provides an overview of key defense companies, together with insights such as key alliances, strategic initiatives and a brief financial analysis.
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Table of content:
Market Dynamics
Demand Drivers: Analysis of factors that trigger spending within the sector
Trends: Prevalent practices, industry consolidation and procurement patterns within the market
Technological Developments : New products, processes and innovations recently inducted within the sector
Key Challenges: Obstacles affecting sector growth
Military Radar Market -Segment Analysis
Segment Analysis: Airborne
Market size and CAGR growth analysis, 2016-2026
Change in market share, 2016-2026
Segment Analysis: Ground-based
Market size and CAGR growth analysis, 2016-2026
Change in market share, 2016-2026
Segment Analysis: Naval
Market size and CAGR growth analysis, 2016-2026
Change in market share, 2016-2026
Segment Analysis: Sonar
Market size and CAGR growth analysis, 2016-2026
Change in market share, 2016-2026
Segment Analysis: Space-based
Market size and CAGR growth analysis, 2016-2026
Change in market share, 2016-2026
Regional Review
Defense capital expenditure
Capex forecast, 2016-2026
Factors influencing military modernization programs
Military Radar Market -Regional Analysis
Regional overview
Factors driving spending within the region
Regional expenditure on each sub-segment , 2016-2026
Market Size and CAGR growth analysis, 2016-2026
Change in market share, 2016-2026
Trend Analysis -Key Defense Markets
Country -wise breakdown of expenditure for each region
Sub-segment wise analysis for each country
Major Programs for each country
Market Size and CAGR growth analysis, 2016-2026
Change in market share, 2016-2026
Key Programs Analysis
Description of key programs
Delivery period, units and total expenditure
Competitive Landscape Analysis
Competitive analysis -13 leading companies
Major Products and Services
Major Alliances and Recent Contracts
Financial Analysis covering Revenue, Operating Profit and Net Profit
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