Air and Missile Defense Radar Market Life Cycle Analysis, Air And Missile Defense Radar Market | Seite 3

Long range and strategic system segment to register the highest growth
Long range and strategic system AMDR market is expected to dominate the AMDR market during
the forecast period. These system have range up to 100 kilometers, while strategic systems are used
for the range more than 100 kilometers. These systems are used against conventional and ballistic
missile targets. LRSAM is an example of long range AMDR system.
High demand for ballistic missile defense system is expected to drive the market for long range
and strategic system AMDR market. Joint efforts from the U.S. and South Korean government to
develop the missile defense system in South Korea, similarly, India and China’s efforts towards the
development of indigenous missile defense system is expected to drive the AMDR market.
Nevertheless, disputes between countries in the Asia-Pacific and the Middle East are expected to
drive the market for short range AMDRs.
Asia-Pacific region to witness highest growth in AMDR market during the
forecast period
In 2016, Asia-Pacific is expected to have the third largest share in the global AMDR market with
the highest CAGR during the forecast period. Existence of inter-country conflict over the disputed
area of South China Sea is a major factor that compelling the authorities to increase naval
surveillance capabilities in the affected region. Border issues among countries is making them to
strengthen their defense system, which is driving the market for AMDRs.
On the other hand, the Brazilian Army is also spending huge amounts over sensors and remote
sensing and command & control systems for defense that is driving the radar market in the country.
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The key global players in the AMDR market are Lockheed Martin Corporation (U.S.), Northrop
Grumman Corporation (U.S.), Raytheon Company (U.S.), SAAB Group (Sweden), and Thales
Group (France).
The report provides a detailed information and forecasts the AMDR market on the basis of
platform (ground-based, naval-based, Airborne), application (ballistic missile defense,
conventional), range type (long range & strategic systems, medium range, short range), and
geographic regions (North America, Europe, Asia Pacific, Middle East & Africa, Rest of the
World).