Global Land-Based Military Radar Market 2019 – 2029
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The Global Land-based Military Radar Market 2019–2029 report offers a detailed analysis of the industry, with market size forecasts covering the next ten years. This report will also analyze factors that influence demand for land-based military radar equipment, key market trends, and challenges faced by industry participants.
– Expenditure on the land radars sector is expected to be driven by the ever growing demand for early threat detection and situational awareness systems, rising as a result of increasing territorial disputes and internal and external security threats. Also, rapid technological innovations in the radar systems industry coupled with modernization initiatives undertaken by several armed forces across the world is expected to drive the overall expenditure on land-based military radar market over the forecast period.
– Along with the major defense spenders in every region, smaller countries are also undertaking modernization initiatives for the development of improved land radar systems. The global land-based military radar market includes four segments on the basis of functions which include air-defense radar, counter-battery radar, ground and coastal surveillance radar, and auxiliary radar.
In particular, the report provides an in-depth analysis of the following –
– Market size and drivers: detailed analysis during 2019–2029, including highlights of the demand drivers and growth stimulators. It also provides a snapshot of the spending and modernization patterns of different regions around the world
– Recent developments and industry challenges: insights into technological developments and a detailed analysis of the changing preferences of military land radar segments around the world. It also provides trends of the changing industry structure and the challenges faced by industry participants
– Regional highlights: study of the key markets in each region, providing an analysis of the key segments of the market that are expected to be in demand
– Major programs: details of the key programs in each segment, which are expected to be executed during 2019-2029
– Competitive landscape and strategic insights: analysis of the competitive landscape of the global market. It provides an overview of key players, together with information regarding key alliances, strategic initiatives, and financial analysis.
Scope
– The global land-based military radar market is expected to grow at a CAGR of 1.71% over the forecast period.
– The market consists of four categories: air-defense radar, counter-battery radar, ground and coastal surveillance radar, and auxiliary radar. North America will dominate the sector with a share of 40.3%, followed by Asia-Pacific and Europe, with shares of 38.8% and 10.8%, respectively. The air-defense radar segment is expected to be the leading segment with a share of 51.8%.
Reasons to Buy
– Determine prospective investment areas based on a detailed trend analysis of the global land-based military radar market over the next ten years
– Gain in-depth understanding about the underlying factors driving demand for different military land radar segments in the top spending countries across the world and identify the opportunities offered by each of them
– Strengthen your understanding of the market in terms of demand drivers, industry trends, and the latest technological developments, among others
– Identify the major channels that are driving the global land-based military radar market, providing a clear picture about future opportunities that can be tapped, resulting in revenue expansion
– Channelize resources by focusing on the ongoing programs that are being undertaken by the defense ministries of different countries within the global land-based military radar market
– Make correct business decisions based on thorough analysis of the total competitive landscape of the sector with detailed profiles of the top land radar providers around the world which include information about their products, alliances, recent contract wins and financial analysis wherever available.
Lockheed Martin Corporation
Israel Aerospace Industries
BAE Systems plc
Saab AB
The Raytheon Company
Indra Sistemas SA
RADA Electronic Industries Ltd. (RADA)
Aselsan
Bharat Electronics Limited (BEL)
Thales Group
Almaz-Antey
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