|08-10-2017 01:42 PM CET - Advertising, Media Consulting, Marketing Research||
Airborne Fire Control Radar market aiming to gain market size of USD 3.1 Billion by 2020
Press release from: HTF Market Intelligence Consulting Pvt. Ltd.
A new research document with title 'Airborne Fire Control Radar - Global Market Outlook (2017-2023)’covering detailed analysis, Competitive landscape, forecast and strategies. The study covers geographic analysis that includes regions like United States, Europe, China, Japan, India and South East Asia and important players/vendors such as BAE Systems PLC, Thales Group, Airbus Group, Harris, etc. The report will help user gain market insights, future trends and growth prospects for forecast to 2023.
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According to Research , the Global Airborne Fire Control Radar market is accounted for $2,563.4 million in 2016 and is expected to reach $3,631.2 million by 2023 growing at a CAGR of 5.1% from 2016 to 2023. Rising concerns over border security, growing adoption of Active Electronically Scanned Array (AESA) systems, increasing investments in defence equipment in various emerging countries, territorial conflicts and geopolitical instabilities in the Middle East, Africa and the Asia-Pacific region and automation of security and surveillance radar systems are the factors driving the market growth. However, growing cyber warfare and incapability of radars in detecting the stealth technology are the factors limiting the airborne fire control radar market.
In terms of frequency band, S-band airborne fire control radar segment accounted for the maximum revenue share during the forecast period due to its high accuracy in determining the accuracy of the firing. Whereas, X-band systems is expected to grow at the fastest rate due to increase in adoption of these systems by armed forces. The X-band airborne fire control radar systems provide higher frequency and enhanced accuracy than S-band airborne fire control radar systems. North America accounted for the largest share in global Airborne Fire Control Radar market. However, Asia Pacific is expected to grow at a highest CAGR during the forecast period.
Some of the key players identified in the global airborne fire control radar market include
BAE Systems PLC
General Dynamics Corporation
Israel Aerospace Industries Ltd.
Lockheed Martin Corporation
Raytheon Company and Saab AB
Frequency Bands Covered:
• Ku/K/Ka Band
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o Rest of Asia Pacific
• Rest of the World
o Middle East
o South Africa
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What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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1 Executive Summary
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
3 Market Trend Analysis
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Thanks for reading this article, you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.
HTF Market Report is a wholly owned brand of HTF market Intelligence Consulting Private Limited. HTF Market Report global research and market intelligence consulting organization is uniquely positioned to not only identify growth opportunities but to also empower and inspire you to create visionary growth strategies for futures, enabled by our extraordinary depth and breadth of thought leadership, research, tools, events and experience that assist you for making goals into a reality. Our understanding of the interplay between industry convergence, Mega Trends, technologies and market trends provides our clients with new business models and expansion opportunities. We are focused on identifying the “Accurate Forecast” in every industry we cover so our clients can reap the benefits of being early market entrants and can accomplish their “Goals & Objectives”.
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