Press release
Study Goals and Objectives Of Radar Manufacturing Global Market to 2022
Global radar manufacturing market growth outlook is positive with significant growth potential for both civil and military radars. There is mounting pressure on radar manufacturers to offer cost effective radars with advance capabilities. At the same time, emerging market growth, increasing defense expenditures, technology advancements, and increasing military tensions globally is driving the demand for radars.
The market for radars reached a value of nearly REDACTED in 2017 and is expected to grow at a compound annual growth rate (CAGR) of REDACTED to nearly REDACTED by 2020.
The market for radar is somewhat concentrated with a few large players dominating the market. Major players in the market include Leonardo S.p.A, Lockheed Martin Corp., Northrop Grumman Corporation, Raytheon Corporation and Thales
Civil radars accounted for the largest share of the market for radars in 2017 at REDACTED. The highest growth is projected to come from military radars which is forecasted to grow at a CAGR of REDACTED. Major factors included increasing investments in airport construction and rising military tensions.
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Asia Pacific is the largest market for radars, accounting for REDACTED of the global market. It was followed by North America and Western Europe. Going forward, Eastern Europe is expected to witness the fastest growth in the radar manufacturing market, estimated at grow at a CAGR of REDACTED, followed by South America, which is expected to grow at a CAGR of REDACTED.
The USA is the largest market in terms of value in the radar manufacturing market. Brazil and Japan are forecasted to have the fastest growth, growing at a CAGR of REDACTED and REDACTED, respectively.
The market is challenged by restraints such as stringent regulations and high investment costs."
"Report Scope:
This research report categorizes the radar manufacturing market by type. Product type include civil radars and military radars.
Report Includes:
- 98 data tables.
- An overview of the global markets for radar manufacturing
- Analyses of global market trends, with data from 2013-2017, and projections of compound annual growth rates (CAGRs) through 2022
- Coverage of integration of LIDAR (Light detection and ranging) sensors in automotive radars
- Insight into Increasing Demand of Active Electronically Scanned Array (AESA)
- Overview of multifunctional radio frequency systems used in radars
- Detailed company profiles of the major players in the market, including Leonardo S.p.A, Lockheed Martin Corp., Northrop Grumman Corporation, Raytheon Corporation and Thales"
Table of Contents
Chapter 1 Introduction
Study Goals and Objectives
Reasons for Doing This Study
Scope of Report
Information Sources
Methodology
Geographic Breakdown
Analyst's Credentials
Related BCC Research Reports
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Chapter 2 Summary and Highlights
Chapter 3 Radar Manufacturing Market Characteristics
Chapter 4 Radar Manufacturing Market Size and Growth
Historic Market Growth
Drivers of the Market
Restraints on the Market
Forecast Market Growth
Drivers of the Market
Restraints on the Market
Chapter 5 Radar Manufacturing Market Trends and Strategies
3D Radar Systems
GaN Technology on Radars
Rising Use of Passive Radars
Usage of Multifunctional Radio Frequency Systems in Radars
Cost-Efficient Approach through MIMO (Multiple-In, Multiple-Out Radar Systems)
Increasing Demand in Active Electronically Scanned Array (AESA)
LIDAR Sensors in Automotive Radars
Integration of Radars and GPS
Chapter 6 PESTEL Analysis
Political
Rising Military Tensions and Political Instability Increasing Demand for Radars
High Government Intervention and Bureaucracy Affects Market Growth
Economic
Emerging Markets
Globalization Making Way for Joint Venture and FDIs
Economic Slowdown
Social
Investments in New Airport Construction Increasing Demand for Air Traffic Control Radars
Technological
Legal
Stringent Regulations on Radar Manufacturing
Environmental
Rising Incidences of Hurricanes and Floods Increasing Demand for Weather Radars
Advanced Radars to Study Climate Change
Chapter 7 Radar Manufacturing Market Segmentation
Global Radar Manufacturing Market, by Segment
Global Radar Manufacturing Market, Historic and Forecast, by Segment, 2013-2022
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