Military Radar Systems Market 2018 Global Leaders - Israel Aerospace Industries, Saab AB, Selex ES, Thales, ASELSAN, Boeing, Harris, Lockheed Martin

Market Highlights:
Radar system uses radio waves or microwaves to determine range and velocity of objects. The transmitter transmits the radio waves which is reflected back to the receiver, when it strikes any object or obstacle in the path. These reflected waves are analysed to determine the properties of the object. The information include range (and position) of the object. In general, the radars help to determine target range, angles, size, speed and features. Thus, radar can be used to detect aircraft, ships, missiles, military land vehicles or any such desired target.

For airborne radar, the aircraft are fitted with radar systems that warn of other aircraft or obstacles in the approaching path. These airborne radar systems also provide weather information, and altitude readings. Aircraft equipped with radar can also operate (take-off and land) during difficult weather conditions (such as fog). The radar-assisted ground-controlled approach systems are largely being utilized in many of the current operational aircraft.

Similarly, to maintain market share and competitiveness, the major vendors should keep track of such market dynamics and changing demands. Moreover, they should be capable to provide rapid innovative solutions in the ever changing Military Systems Market. For example, one of the trends in the military systems market has been towards SWaP reduction, thus there is demand for lightweight and smaller platforms. Development of high-end processors and lightweight antenna is a better solution in such case. Such antennas and processors are highly in demand for utilization in synthetic-aperture-radar (SAR). SAR and inverse SAR (ISAR) have already become the standard system on many military platforms and will likely find growing acceptance in other fighter aircraft and helicopters as well.

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The leading market players in the global military radar systems market primarily include General Dynamics, Israel Aerospace Industries, Saab AB, Selex ES, Thales, ASELSAN, Boeing, Harris, Lockheed Martin, Northrop Grumman, Raytheon, and Terma.
Industry/ Innovation/ Related News:
Jan, 2018:- Raytheon signed a foreign military sales (FMS) contract worth USD 333.4 million with the U.S. Air Force for conducting Surveillance Radar Program operations.
Dec, 2017 - A joint venture of Lockheed Martin and Northrop Grumman signed a foreign military sales contract worth USD 103.1 million with the U.S Army to refurbish the fire control radars of the U.K.
Sep, 2017:- Northrop Grumman signed a contract worth $124.7 million with the U.S. Navy, to support the AN/APR-39 Radar Warning Receiver program.

Regional Analysis

Along with the increase in global conflicts, countries have spent on military expansion and also to upgrade the existing fleet of military aircraft, naval vessels and military land vehicles. The US, and NATO members have deployed thousands of their troops and military systems in various conflict regions (e.g. Iraq, Afghanistan). All these military systems (airborne, naval and land-based systems) use radar to navigate, gather information and also to identify the target. Also, the modern warfare has evolved and is more asymmetric in nature. The evolving nature of modern warfare also demands advanced radar systems for effective defense and surveillance mechanism. The market for military radar systems is thus expected to grow at a steady rate in the next five years, driven by the rising demand for advanced military radar systems that enhance the defense capabilities for the military. Demand from major markets, such as the US and Europe, and also from the emerging nations in APAC is expected to contribute to the market growth.

The US and Europe are heavily spending on military modernization, upgrading their existing military aircraft and land vehicle fleet. The maintenance and operability of existing fleet is more cost-effective to the defense sector than replacing an entire fleet of aircraft or military land vehicle. As a result, new and optimized radar systems are largely being retrofitted to various military systems.

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To maintain market share and competitiveness, the major vendors should keep track of such market dynamics and changing demands. Moreover, they should be capable to provide rapid innovative solutions in the ever changing military systems market. For example, one of the trends in the military systems market has been towards SWaP reduction, thus there is demand for lightweight and smaller platforms. Development of high-end processors and lightweight antenna is a better solution in such case. Such antennas and processors are highly in demand for utilization in synthetic-aperture-radar (SAR). SAR and inverse SAR (ISAR) have already become the standard system on many military platforms and will likely find growing acceptance in other fighter aircraft and helicopters as well. For example, the next-generation fighter aircraft procured by NATO either already have active electronically scanned array (AESA) radar, with SAR capabilities, or are expected to upgrade this radar at a later stage. Thus, focus towards SAR-based radar system will provide a robust growth opportunity in the future.

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