Military Radar Market Research Report and Forecast up to 2020 Military Radar Market - Global Industry Analysis, | Página 2
in the region. The global military radar market is thus consistently supported by the
substantial purchases of military radar systems made by the emerging nations.
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Airborne Military Radars Continue to be in High Demand
The global military radar market is segmented into ground-based, naval, airborne,
and space-based radars on the basis of types. Out these, the global military radar
market was led by the airborne military radars segment in 2015. The segment was
valued at US$2.34 bn in 2015 which was the dominant share in the global military
radar market at the time. The high demand for airborne military radars is expected
to continue growing owing to the increasing risks of air strikes and airborne terrorist
infiltration. The segment is likely to continue on a high rate of pioneering research
and development activities and innovative approaches.
The leading players in the global military radar market till 2015 included Lockheed
Martin Corporation, Raytheon Company, The Boeing Company, Northrop Grumman
Corporation, BAE System PLC, Saab Sensis Corporation, Harris Corporation,
ASELSAN A.S., Terma A/S, DRS Technologies Inc.
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