Air and Missile Defense Radar Market Life Cycle Analysis, Air And Missile Defense Radar Market | Page 2
Air and Missile Defense Radar Market worth 12.52 Billion
USD by 2021
The report "Air and Missile Defense Radar Market by Range (Short, Medium, Long &
Strategic System), Application (Ballistic Missile Defense, Conventional), Platform (Ground
Based, Naval, Airborne) & by Region - Global Forecast to 2021"
The air and missile defense radar (AMDR) market is estimated to be valued at USD 8.79 Billion in
2016 and is projected to reach USD 12.52 Billion by 2021, at a CAGR of 7.34% from 2016 to
2021.
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Browse 89 market data Tables and 75 Figures spread through 193 Pages and in-depth TOC on
"Air and Missile Defense Radar Market - Global Forecast to 2021"
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Ground-based radar segment expected to be the major contributor to the
overall AMDR market
Ground-based AMDRs are used to get real-time information in warfare situation. They are used
along with airborne, naval, and satellite platform radars for target integration. It is a missile
detection radar, positioned on the ground and is used for air defense through ground-controlled
interception, command
guidance, along
with
ground-directed
bombing, air
traffic
control, instrument landing systems, and radar bomb scoring. Defense budget cuts in developed
economies shifted the focus towards automation, and miniaturization of military radar system.
Ongoing war against ISIS in Syria, Al-Qaeda in Afghanistan, and conflicts in the Crimean
Peninsula are driving the demand for ground-based military radar.