Market Analysis Report Military Radar Systems Market | страница 2

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systems industry are leading to the growth and development of lightweight military radars which is projected
to add to the growth of the market over the forecast period.
Browse Details of Report @ https://www.hexaresearch.com/research-report/military-radar-systems-market
The military radar systems market is estimated to witness growth in demand owing to the escalation in terrorist
activities, border intrusions, and inter-country conflicts. Military radars are used for accurate and precise detection,
surveillance, tracking, warning, and ground mapping of weapons and aircraft in the war zone.
While the market for military radar systems is expected to grow over the forecast period, it remains susceptible to the
prevailing economic situations. The result of economic slowdown has affected military spending in many countries,
hindering the growth opportunities for defense market at large.
European countries, such as Germany, UK, and Russia have observed cut down in defense expenditure owing to the
financial crises and macroeconomic conditions. Furthermore, the development of space-based radars involves
considerable expenditure on R&D activities, engineering, and production.
Hexa Research has segmented
platform, application and region:
the
global
military
Segmentation by platform, 2014 - 2024 (USD Billion)
• Ground-Based
• Naval
• Airborne
• Space-based
Segmentation by application, 2014 - 2024 (USD Billion)
• Weapon guidance system
• Surveillance
Segmentation by region, 2014 - 2024 (USD Billion)
• North America
• U.S.
• Asia Pacific
• China
• India
• Europe
• France
• UK
Key players analyzed
• Lockheed Martin Corporation
• Boeing
• Northrop Grumman Corporation
• Raytheon Company
• Saab Sensis Corporation
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