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The Military and Civil Aviation Passive Radar Market 2016 Industry Analysis, Growth, Size, Shares And Forecasts to 2023
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The market for passive radar is still in its infancy, and few companies have developed effective, marketable systems. However, as the technology becomes more sophisticated and affordable, more and more competitors can be expected to enter the market, particularly in defense and homeland security.
By the end of 2023, we expect passive radar technology investments to account of more than $10 billion in revenue, following a CAGR of nearly 36% between 2013 and 2023. This report focuses on the two markets where passive radar technology has the greatest potential: civilian aviation and military radar applications.
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The report presents vendor strategies, overall depictions of potential growth in both sectors, as well as detailed qualitative and quantitative analysis of global and regional drivers and limitations on market potential from 2013 till 2023.
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