Air and Missile Defense Radar Market Forecasting 2020 June 2014
Air and Missile Defense Radar Market Driven by Demand for
Larger Footprints
“Continued
requirement for
larger radar foot
prints across
Europe, East Asia
and the Middle East
will be the driving
factor of the
market.”
Air and missile defense radars are used as an early-warning devices
which can detect an approaching enemy’s aircraft or missiles from
great distances. These radar systems help form a defensive position
in the form of Anti-Aircraft Artillery (AAA), missiles, or fighter
planes. And the systems must be readily available at any point in
time to repel an attack. The sub-segments of the air and missile
defense radar market are differentiated by platform segments
namely, airborne, naval and land-based air and missile defense radar
systems. This provides information and in-depth knowledge about
the trends in these sub-segments, and also provides information
about top spenders in the air and missile defense radar market.
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Browse through the market data tables, figures and detailed ToC on the “Air and Missile Defense
Radar Market”.
http://www.micromarketmonitor.com/market-report/air-and-missile-defense-radarreports-4596590538.html
Asia Pacific Air and Missile Defense Radar Market
The Asia-Pacific air and missile defense radar market is expected to be $2.1 billion in 2014, and
is expected to grow at a CAGR of 5.34% to reach $2.9 billion in 2020. The biggest spenders in
the APAC region for air and missile defense radar are China, South Korea, India, and Japan,
among others. The increasing missile threats, hostile threat from the bordering nations, and the
growing technological trend in ballistic missile systems are the key growth factors in the APAC
air and missile defense radar market.
http://www.micromarketmonitor.com/market/asia-pacific-air-and-missile-defense-radar1368567307.html
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