The purpose of the report is to illustrate the state of the market of Military Radar, to present actual information about the volumes of production, exports, imports, consumption and the state of the market, the changes that took place in 2017, and also, to build a forecast for the growth of the industry in the medium term until 2026.
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At present, many countries across the globe are facing dramatic situation related to national security. Governments are striving extensively to enhance their warfare and surveillance techniques to safeguard their country. Surveillance and detection play a major role in modern warfare. Radar is one such device used extensively for surveillance. A radar system usually operates in the ultra-high-frequency (UHF) or microwave part of the radio-frequency spectrum and is used to detect the position and/or movement of objects. Persistent development in electronics has expanded the range and capabilities of modern day surveillance system including military radar system. Countries are adopting new and improved radar system for enhancing their surveillance capabilities. The radar system can have a direct impact on the security of their country. Consequently, military radar market is expected to grow at a consistent rate in the following years.
Major players in the market include Lockheed Martin Corporation, BAE Systems, General Dynamics Corporation, Airbus Group, Raytheon Company, Thales Group, Northrop Grumman Corporation, Saab Group, Israel Aerospace Industries (IAI),, and Finmeccanica SPA.
Why was the report written?
This report is the result of an extensive survey drawn from Credence Research’s exclusive panel of leading global market industry executives; it provides data and analysis on buyer investment, acquisition, and developments within the global market research. It includes key topics such as global Military Radar buyer expenditure and procurement behaviors and strategies and recognizes the threats and possibilities within the industry, economic outlook trends, and business confidence within global industry executives. Most secondary research reports are based on general industry drivers and do not understand the industry executives’ attitude and changing behaviors, creating a gap in presenting the business outlook of the industry; in an effort to bridge this gap, Credence Research created this primary research-based report by gathering the opinions of multiple stakeholders in the value chain of the global industry.
What is the current market landscape and what is changing?
Executives from the global industry anticipate an increase in levels of consolidation, with 55% of respondents projecting an increase in merger and acquisition (M&A) activities in 2017.
The report on the market of Military Radar contains:
Analysis and forecast of Military Radar market dynamics;
Analysis of domestic production, market shares of the main market players;
Analysis of exports and imports;
Analysis of factors, leading the development of the Military Radar market;
Assessment and forecast of Military Radar market development;
Financial and business profiles of the leading companies in the Military Radar industry.
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– Up to date working Military Radar data by major regions in the world, the forecast of planned capacity additions by 2026
– The annual breakdown of capital expenditure spending on proposed Military Radar for the period 2018 to 2026
– Planned Military Radar additions and capital expenditure spending by key countries and companies across the world
– Planned capital expenditure spending on new Military Radar projects by region, key countries, and companies
– Details of major planned Military Radar projects in the world up to 2026
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