Global Military Radar Market By Type (Ground Based, Naval, Airborne and Space Based), Industry trends, estimation & forecast, 2016 - 2024

August 2017 | 125 pages | ID: GA9E3C2C9BCEN
Esticast Research & Consulting

Abstracts

Global Military Radar Market By Type (Ground Based, Naval, Airborne and Space Based),Industry trends, estimation & forecast,2016 - 2024

Military Radar market generated a revenue of $10.85 million in 2016 and is expected to reach $14.09 billion by 2024, having a CAGR of 3.4 % during the forecast period of 2017 to 2024. The airborne radar segment garnered the highest revenue share in the global military radar market.

Radio detection and ranging (RADAR), is a detection and surveillance system which helps in detecting objects with the help of radio waves. It is a well-structured detection system which is used to determine various aspects such as the range, angle, and velocity of a definite object. RADAR systems are widely used for detecting aircrafts, space crafts, missiles, ships and other vehicles. The technology is also helpful in detecting weather formations and various other entities. A typical radar system is a framework of a transmitter, a receiver and a processor which determines the properties of the object which is to be detected. The detection is done as the radio waves coming from the transmitter gets reflected off by the object and return to the receiver revealing the exact information about the object's location and speed. Radar systems were primarily developed for the military applications, but in current scenario, their application area has been expanded to air and terrestrial traffic control, radar astronomy, air-defense systems, antimissile systems, aircraft anti-collision systems, ocean surveillance system and outer space surveillance.

Market Dynamics

Constantly growing security concerns and hiking defense budgets are speeding the industry growth. An up surging focus on the border security and improvisation in the radar technology are some major factors which are extensively driving the military radar industry. An escalation in the growth of terrorism activities and inter-country conflicts can also act as major factors which would lead the industry to witness massive growth. However, the currently existing economic conditions might leave an adverse effect on the military radar market growth. Economic slowdowns can also curtail the military spending, eventually pulling back the market growth. UK, Germany and Russia are some countries which have observed a cut down in the defense budgets due to financial crisis. Additionally, continuously rising costs of military radar equipment can act as restraining factor for the growth of military radar market. Furthermore, progression in the development of upcoming technologies such as lightweight radars and enhanced electronic systems in military equipment can at as future opportunity to the market.

Market Segmentation

The segmentation of the military radar market is done on the basis of type and geography. On the basis of type, the market is categorized as Ground Based, Naval, Airborne, and Space based. By Geography, the market is segmented as North America, Europe, Asia-Pacific and Rest of World.

Some of the key market players are Lockheed Martin Corporation, Northrop Grumman Corporation, Raytheon Company, Saab Group, Thales Group, Airbus Group, BAE Systems, General Dynamics, Israel Aerospace Industries Ltd, Finmeccanica SPA.

GLOBAL MILITARY RADAR MARKET SEGMENTATION

By Type

• Ground Based
• Naval
• Airborne
• Space Based

By Geography

North America

• USA
• Others

Europe

• U.K
• Russia
• France
• Italy
• Germany
• Other

Asia-Pacific

• China
• India
• Australia
• Japan
• South Korea
• Others

Rest of World

• Israel
• South Africa
• Other

Key Market Players

• Lockheed Martin Corporation
• Northrop Grumman Corporation
• Raytheon Company
• Saab Group
• Thales Group
• General Dynamics
• Israel Aerospace Industries Ltd
• Finmeccanica SPA
• Airbus Group
• BAE Systems

Contents

CHAPTER 1. INTRODUCTION

1.1. RESEARCH METHODOLOGY
  1.1.1. Secondary research
  1.1.2. Primary research
  1.1.3. ERC data triangulation method
1.2. REPORT OVERVIEW

CHAPTER 2. MARKET OVERVIEW

2.1. VALUE CHAIN ANALYSIS
2.2. PORTER’S FIVE FORCES MODEL
2.3. MARKET SHARE ANALYSIS
2.4. INVESTMENT OPPORTUNITIES
2.5. STRATEGIC ATTEMPTS
2.6. MARKET DETERMINANTS
  2.6.1. Key impacting factors
  2.6.2. Drivers
    2.6.2.1. Increasing demand of radar in militaries
    2.6.2.2. Territorial clashes in APAC and Middle East region
  2.6.3. Restraints
    2.6.3.1. Increasing cyber warfare
    2.6.3.2. High cost of space-based radars
  2.6.4. Opportunities
    2.6.4.1. Rising demand for air missiles by defense sector
    2.6.4.2. Increasing role of unmanned combat system for battlefield surveillance

CHAPTER 3. GLOBAL MILITARY RADAR MARKET BY TYPE

3.1. INTRODUCTION
3.2. GLOBAL MILITARY RADAR MARKET REVENUE BY TYPE, 2016-2024
3.3. GROUND BASED
  3.3.1. Current trends
  3.3.2. Growth and opportunities
  3.3.3. Global ground based military radar market revenue by region, 2016-2024
3.4. NAVAL
  3.4.1. Current trends
  3.4.2. Growth and opportunities
  3.4.3. Global naval military radar market revenue by region, 2016-2024
3.5. AIRBORNE
  3.5.1. Current trends
  3.5.2. Growth and opportunities
  3.5.3. Global airborne military radar market revenue by region, 2016-2024
3.6. SPACE BASED
  3.6.1. Current trends
  3.6.2. Growth and opportunities
  3.6.3. Global space based military radar market revenue by region, 2016-2024

CHAPTER 4. GLOBAL MILITARY RADAR MARKET BY GEOGRAPHY

4.1. INTRODUCTION
4.2. GLOBAL MILITARY RADAR MARKET REVENUE BY GEOGRAPHY, 2016-2024
4.3. NORTH AMERICA
  4.3.1. Market trends
  4.3.2. Growth and opportunities
  4.3.3. North America military radar market revenue by type, 2016-2024 ($Billion)
  4.3.4. North America military radar market revenue by country, 2016-2024 ($Billion)
4.4. EUROPE
  4.4.1. Market trends
  4.4.2. Growth and opportunities
  4.4.3. Europe military radar market revenue by type, 2016-2024 ($Billion)
  4.4.4. Europe military radar market revenue by country, 2016-2024
4.5. ASIA PACIFIC
  4.5.1. Market trends
  4.5.2. Growth and opportunities
  4.5.3. APAC military radar market revenue by type, 2016-2024
  4.5.4. APAC military radar market revenue by country, 2016-2024
4.6. REST OF THE WORLD
  4.6.1. Market trends
  4.6.2. Growth and opportunities
  4.6.3. ROW military radar market revenue by type, 2016-2024
  4.6.4. ROW military radar market revenue by country, 2016-2024

CHAPTER 5. COMPANY PROFILES

5.1. RAYTHEON COMPANY
  5.1.1. Company overview
  5.1.2. Company snapshot
  5.1.3. Business overview
  5.1.4. Strategic attempts
5.2. LOCKHEED MARTIN CORPORATION
  5.2.1. Company overview
  5.2.2. Company snapshot
  5.2.3. Business overview
  5.2.4. Strategic attempts
5.3. AIRBUS GROUP
  5.3.1. Company overview
  5.3.2. Company snapshot
  5.3.3. Business overview
  5.3.4. Strategic attempts
5.4. FINMECCANICA SPA
  5.4.1. Company overview
  5.4.2. Company snapshot
  5.4.3. Business overview
  5.4.4. Strategic attempts
5.5. SAB GROUP
  5.5.1. Company overview
  5.5.2. Company snapshot
  5.5.3. Business overview
  5.5.4. Strategic attempts
5.6. GENERAL DYNAMICS
  5.6.1. Company overview
  5.6.2. Company snapshot
  5.6.3. Business overview
  5.6.4. Strategic attempts
5.7. THALES GROUP
  5.7.1. Company overview
  5.7.2. Company snapshot
  5.7.3. Business overview
  5.7.4. Strategic attempts
5.8. NORTHROP GRUMMAN CORPORATION
  5.8.1. Company overview
  5.8.2. Company snapshot
  5.8.3. Business overview
  5.8.4. Strategic attempts
5.9. SAAB GROUP
  5.9.1. Company overview
  5.9.2. Company snapshot
  5.9.3. Business overview
  5.9.4. Strategic attempts
5.10. ISRAEL AEROSPACE INDUSTRIES LTD
  5.10.1. Company overview
  5.10.2. Company snapshot
  5.10.3. Business overview
  5.10.4. Strategic attempts