|08-04-2017 12:53 PM CET - IT, New Media & Software||
Premium Forecast for Global Security and Surveillance Radar Market 2014-2025
Press release from: Big-Research
Big Market Research added a report on “Global Security and Surveillance Radar Market: Size, Trend, Share, Opportunity Analysis & Forecast, 2014-2025”
Security & surveillance radar market is a system used for detecting the position of aircraft for the purpose of national security. Military radars have witnessed regional instability in the recent years owing to reduction in defense expenditures. The development of active electronically scanned array (AESA) technology, increased modernization of air-defense networks, and increasing use of radar for unmanned aerial vehicles (UAV) have created major growth avenue for the global security & surveillance radar market. The global security & surveillance radar market is expected to grow at a CAGR of around 7% from 2017 to 2025.
The global security & surveillance radar market is segmented on the basis of platform type and geography. Maritime, land-based, and airborne security & surveillance radar are the platform types of security & surveillance radar market. Geographically, the market is segmented into North America, Europe, Asia-Pacific, and LAMEA followed by country-level analysis.
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Increasing number of wars and disputes
Augmented obtainment for national security
Growing number of navigation radars being used by unmanned aerial vehicles (UAV)
Increased modernization & replenishment programs
Dynamic nature of military operations
Issues with deployment of radars on border
The top players in the global security & surveillance radar market include Northrop Grumman Corp, Lockheed Martin, SAAB AB, Rockwell Collins, BAE Systems, Thales SA, Honeywell International Inc, Finmeccanica SPA, Raytheon Co, and Airbus Group.
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By Platform Type
o Maritime security & surveillance radar
o Land-based security & surveillance radar
o Airborne security & surveillance radar
• North America
o Rest Of Europe
o South Korea
o Saudi Arabia
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