Military Airborne Radar Market - Size, Sales, Share, Future Trends and Forecast 2023


Posted August 21, 2019 by panditsavni

The report categorizes the market based on Manufacturers Countries/Region, Types and Application

 
Radars are object detection device capable of determining the speed, direction, and altitude of objects. Military radars use radio waves or microwaves. Significant advances in warfare technologies have generated considerable demand for military airborne radar system.

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Market Research Future (MRFR) has recently released an extensive report on the global military airborne radar market, highlighting the factors that could impact the market over the forecast period of 2017-2023. After thorough analysis, MRFR has projected a CAGR of 5% in the military airborne radar market.

The growing threat from air strikes, terrorist activities, and rising geopolitical uncertainties on a global scale has propelled the growth of the market.  The military airborne radar space is currently dynamic with multiple nations across the globe investing in the technology to safeguard their territories from threats. Growing investment in military infrastructure and government support towards the progression of radar technologies in the form of R&D grants have been instrumental in shaping the growth of the market. Moreover, technological progress in radar technologies such as the Active Electronically Scanned Array (AESA), and Further Array radar system has contributed to the growth of the market. Such advanced radar systems are highly accurate and are being widely adopted across various countries. However, the high cost of radar systems and growing cyber warfare. nevertheless, the market is likely to gain opportunities for growth from trends such as increased use of unmanned combat systems for battlefield surveillance and surging demand for ballistic missiles.

Segmentation:

The global military airborne radar market has been segmented based on radar type, application, and frequency band.

By radar type, the military airborne radar market has been segmented into detection & search, Targeting, Navigation, and others.

By application, the military airborne radar market has been segmented into Surveillance, Weapon Guidance, and others. Application-wise, the weapon guided system segment is likely to record the highest CAGR over the forecast period. Extensive application of weapon guided systems in tracking and guiding aircraft, ships, and missiles can be credited for the growth of the segment. These systems assist in computing velocity and changes in the location of objects.  Laser control, ground positioning, and other systems are among techniques used for weapon guidance which is expected to motivate the market growth over the forecast period.

By frequency band, the military airborne radar market has been segmented into (X & Ku, S & L, and others.

Competitive Landscape:

L3 Technologies (U.S.), Northrop Grumman (U.S.), Saab AB (Sweden), BAE Systems (U.K), Terma (Denmark), Thales Group (France), Lockheed Martin (U.S.), Israel Aerospace Industries (Israel), Leonardo S.p.A (Italy), Harris Corporation (U.S.), Raytheon Company (U.S.), and Aselsan (Israel) are the notable players in the global military airborne radar market.

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Issued By Savni
Country India
Categories Aerospace
Tags military airborne radar market
Last Updated August 21, 2019