Covid-19 Impact on Aerospace Radar Market to Witness a Handsome Growth During 2017-2022

Stratview Research has published a market research report on the Aerospace Radar Market. This strategic assessment report intends to provide a thorough overview that reflects today's Aerospace Radar Market realities as well as future market potential from 2017 to 2022. The report segments and analyzes the market and provides a bird-eye view of the market. According to the report, the market is segmented by Platform Type (Ground, Airborne, Naval, and Others), by Application Type (Civil and Military), by Technology Type (CW Radar and Pulsed Radar), by Component Type (Antenna, Receiver, and Transmitter), by Band Type (X, S, C, L, K/Ku/Ka, and V/UHF), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).

Market Insights
The aerospace radar market was valued at US$ 10,746 million in 2016 and is projected to grow at a healthy CAGR of 3.7% over the next five years to reach US$ 13,389 million in 2022. An upgrade of legacy radar systems, increasing the military expenditure of the developing economies such as India, the rise in the global commercial and regional aircraft deliveries, and increasing demand for Unmanned Aerial Systems (UAV) are the driving factors for the growth of radar market during the forecast period.

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Segment-wise Analysis
The report’s segments are based upon geographics, applications, product etc. It highlights the different driving factors and recognizes the most-attractive segments and sub-segments. The segmentation will not only help venders to be more efficient in terms of resources but will also allow companies to learn about their target audience so that they can tailor campaigns and increase market share and revenue.

Key players
Besides detailed information about the market, businesses also need information about one's competitors, customers, products, latest market trends, and key players active in the market.

The report mentions a list of key players active in the Aerospace Radar Market. Here are they –
• Lockheed Martin
• The Raytheon Company
• Northrop Grumman Corporation
• Leonardo S.p.A.
• Israel Aerospace Industries
• SAAB Group
• BAE Systems Plc.
• Thales Group.

Critical Questions Answered in the Report-
 What are the key trends in the global Aerospace Radar Market?
 How the market (and its various sub-segments) has grown in the last five years and what would be the growth rate in next the five years?
 What is the impact of COVID-19 on the Aerospace Radar Market?
 What are the key strategies adopted by the major vendors to lead in the Aerospace Radar Market?
 What is the market share of the top vendors?

Know more about the report, click here – https://www.stratviewresearch.com/269/Global-Aerospace-and-Defense-Radar-Market.html

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This release was published on openPR.