Global Naval Radar Systems Market 2016-2020 - Features Key Companies ( Finmeccanica SpA, Lockheed Martin Corp., Northrop Grumman Corp., Raytheon Co., Thales Group )

Albany, NY, May 11, 2017: The components of a radar include transmitters, duplexers, receivers, radar antennae, and indicators. It is used in detecting aircraft, spacecraft, ships, guided missiles, weather formations, motor vehicles, and terrain. It emits radio waves to track and determine the velocity, range, and angle of other objects. A radar system can transmit microwaves simultaneously in all directions and thus, determines the properties of flying objects within their range.

The global naval radar systems market to grow at a CAGR of 6.1% during the period 2016-2020. The report covers the present scenario and the growth prospects of the global naval radar systems market during 2016-2020. It considers the revenue generated from the sales of naval radar equipment annually to calculate the market size.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

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Technavio's report, Global Naval Radar Systems Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Finmeccanica SpA
- Lockheed Martin Corp.
- Northrop Grumman Corp.
- Raytheon Co.
- Thales Group

Other prominent vendors
- Airbus Defense and Space
- BAE Systems
- General Dynamics
- Israel Aerospace Industries
- Saab Group

Market driver
- Growing demand for radars in unmanned systems
- For a full, detailed list, view our report

Market challenge
- Radar jamming and deception
- For a full, detailed list, view our report

Market trend
- Increase in use of passive radars
- For a full, detailed list, view our report

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Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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