Military Radar Market is expected to grow at a CAGR of 3.0% from 2017 to 2025

Military Radar Market - Size, Trend, Share, Opportunity Analysis & Forecast, 2014–2025. As per the report, the global military radar market is expected to register a CAGR of 3.0% from 2017 to 2025.

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The report provides a detailed analysis of dynamics that bring change in the market, prospects for growth, major market players, and recent developments. Moreover, the study provides Porter’s Five Forces analysis, market share analysis, and driving forces of the industry. The research is helpful for market players to gain understanding of changing market conditions, investors to determine suitability for investment in market players and geographical regions, and new entrants to devise strategies to gain stronghold in the global industry.

Executive summary of the global military radar market is offered in the study to help management executives and investors to prioritize and utilize time optimally. Key findings are outlined in the research based on top winning strategies, investment pockets, and inputs from industry experts. Market attractiveness and key trends are analyzed in the research to outline current scenario. Competitive landscape is also outlined in the study to understand the scenario of market competition. Recent developments in the industry are highlighted to offer an overview of current happenings.

The report description and scope are outlined in the research along with definitions of significant terms. Research methodology implemented to collect data, information, and statistics is discussed. Methods adopted in primary methodology such as vendor briefings, inputs from industry experts, and online surveys. However, methods adopted in secondary methodology are reference to journals, webinars, podcasts, and others.

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The report offers an extensive analysis of drivers and challenges to outline changing dynamics of the market. Territorial conflicts and geopolitical instabilities in the Asia-Pacific and Middle East regions along with defense budget cuts are factors that drive the industry. However, high costs of space-based radars is a major challenge manufacturers need to overcome. The impact of these factors is outlined in the research to help market players devise strategies for growth. Porter’s Five Forces analysis is provided in the research to assist manufacturers and investors gain insights on business strategy development. Bargaining power of buyers, bargaining power of suppliers, rivalry among industry players, threat of substitutes, and threat of new entrants are parameters explored in the research.
The report offers detailed segmentation of the global military radar market based on platform and geography. The platform segment is explored based on ground based, naval, space bound, and airborne. Geographically, the market is classified into North America, Europe, Asia-Pacific, and LAMEA. The research offers insights on revenue generated by each segment for the historic period, 2014–2016 and the forecast period, 2017–2025. Moreover, market share analysis of each segment is provided in the research for the aforementioned periods. These insights are helpful to determine the segment dominating in particular regions. Moreover, it assists in devising strategies for expansion and capitalize on opportunities for growth in those markets.

The research offers an extensive analysis of key manufacturers active in the global military radar market. It explores financial and business segments of each manufacturer along with providing an overview of their businesses. Moreover, recent developments are outlined in the research to outline current progress of each market player. Key companies analyzed in the research are Northrop Grumman Corporation, Raytheon Company, Lockheed Martin Corporation, Thales Group, BAE Systems, Saab Group, Airbus Group, Finmeccanica SpA, Israel Aerospace Industries, and General Dynamics Corporation. These insights are helpful to determine investment feasibility and leading market players to identify market competition.

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