Global Military RADAR Market Report, published by Variant Market Research, forecast that the global market was valued at $8 Billion in 2016 and is expected to reach $10 Billion by 2024, growing at a CAGR of 2.6% from 2016 to 2024. In geographical segments, Asia-Pacific and North America are expected to grow at a CAGR of 3% and 2.5%, respectively, during the forecast period 2016-2024.
Get Full Access to This Report @ https://www.variantmarketresearch.com/report-categories/defense-aerospace/military-radar-market
Modernization in existing military radar systems, territorial conflicts between several nations, automation and diminishment of surveillance and defense systems are some of the major factors driving the global military RADAR market. In contrast, growing cyber warfare and high cost of space-based radar system are two key factors limiting the market growth. Rising demand for unmanned combat systems intended for counter-attack & battlefield surveillance and growing demand for ballistic missiles will provide several growth opportunities for the market.
Get Table of Content (TOC) @ https://www.variantmarketresearch.com/report-categories/defense-aerospace/military-radar-market/toc
The global military RADAR market is divided into type and geography. Where, type segment consists of ground based, space based, airborne, and naval. In 2016, ground based sub segment dominated the market with largest share. North America, Europe, Asia-Pacific and Rest of the World (RoW) are the major geographical segments of the global military RADAR market. Asia-Pacific is the fastest growing region in the global military RADAR market, owing to conflicts among countries such as India and Pakistan and increasing terrorist activities. In 2016, North America dominated the market with largest share followed by Asia-Pacific.
The key players of global military RADAR market include The Boeing Company, Saab Sensis Corporation BAE Systems PLC., Harris Corporation, Lockheed Martin Corporation, DRS Technologies Inc., General Dynamics Corporation, Thales Group, Northrop Grumman Corporation, and Raytheon Company among others
Click Here to Request a Free Sample PDF of This Report @ https://www.variantmarketresearch.com/report-categories/defense-aerospace/military-radar-market/sample-request
Scope of Military RADAR Market
Type Segments
• Ground Based
• Airborne
• Space Based
• Naval
Geography Segments
• North America
o US
o Canada
o Mexico
• Europe
o U.K.
o Germany
o France
o Italy
o Russia
o Others
• Asia-Pacific
o China
o Japan
o India
o Australia
o South Korea
o Others
• RoW
o South America
o Middle East
o Africa
About Variant Market Research
Variant Market Research offers syndicated and customized reports to fulfill clients' objectives. We also provide customized data pack proposing market sizing in an Excel/PDF/PowerPoint or Word format as per the requirement of clients. We cover several industry domains, namely Semiconductor & Electronics, Consumer Electronics, Information and Communication Technology, Automotive, Consumer Goods, Food & Beverages, Pharmaceuticals, Medical Devices, Chemicals, Industrial, Mining Equipment, Automation, Manufacturing, Construction, Energy & Power, Defense & Aerospace and Banking, Financial services and Insurance (BFSI). Our expertise are data triangulation, competitor benchmarking, parent market benchmarking, estimating market size and forecast of the market from 2016 to 2024.
For further information, visit https://www.variantmarketresearch.com
You can connect with us on LinkedIn here @ https://www.linkedin.com/company/variant-market-research
Contact Us:
Variant Market Research
Web: https://www.variantmarketresearch.com
Tel: +1-415-680-2785
Tel: +91 20 65337795
Fax: +1-415-680-2786
Email: [email protected]
Email: [email protected]