Marine Radar Market to 2025: Profiling Major Key Players - Furuno Electric, Lockheed Martin Corporation, Saab AB, Kelvin Hughes, BAE Systems, West Marine, Northrop Grumman Corporation, Raytheon

Marine radar are short range radars which are used by ships to find the location of land and other ships in that area, hence due to this reason they are highly installed in the ships. This technology has made marine travel considerably safer and it also helps to avoid accidents at sea. These system have proved to be very useful for war ships for tracking the location of enemy ships.

The Marine Radar Market report aims to provide a 360-degree view of the market in terms of cutting-edge technology, key developments, drivers, restraints and future trends with impact analysis of these trends on the market for short-term, mid-term and long-term during the forecast period. Further, the report also covers key players profiling with detailed SWOT analysis, financial facts and key developments of products/service from the past three years.

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Top Companies profiled in this report includes, Furuno Electric Co., Ltd., Lockheed Martin Corporation, Saab AB, Kelvin Hughes Limited, BAE Systems, West Marine, Northrop Grumman Corporation, Raytheon Company., Terma A/S and Raymarine Inc among others.

Increasing demand for surveillance and weapon guidance application is the major driver which helps in surging the growth of marine radar market whereas fluctuation in raw material prices act as a restraining factor for this market. It is expected that radar technology would be capable of performing electronic attack which will add new opportunities for this market in the forecast period.

Key Benefits
• This report provides a detailed study of Marine Radar market trends and forecast from 2018 to 2027, which assist to identify the prevailing market opportunities.
• In-depth coverage of the global market that includes drivers, restraints, and opportunities, helps professionals to understand the market behavior in a better way.
• This study further includes market share analysis in terms of type and applications.
• Detailed study of the strategies of key leaders, partnerships, and acquisitions in the market is provided.
• Porter’s Five Forces analysis examines the competitive structure of the market and assists strategists in better decision-making.

The Marine Radar Market report is a combination of qualitative as well as quantitative analysis which can be broken down into 40% and 60% respectively. Market estimation and forecasts are presented in the report for the overall global market from 2018 – 2025, considering 2018 as the base year and 2018 – 2025 forecast period. Global estimation is further broken down by segments and geographies such as North America, Europe, Asia-Pacific, Middle East & Africa and South America covering major 16 countries across the mentioned regions. The qualitative contents for geographical analysis will cover market trends in each region and country which includes highlights of the key players operating in the respective region/country, PEST analysis of each region which includes political, economic, social and technological factors influencing the growth of the market.

Reason to Buy:
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Marine Radar Market
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the Marine Radar Market, thereby allowing players to develop effective long term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.

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About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.

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This release was published on openPR.