Global Military Radar Market

Transparency Market

Research

Military Radar Market - Global Industry Analysis, Size,

Share, Growth, Trends and Forecast, 2013 – 2019

Published Date

2014-06-03

104 Page Report

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Article

Companies in the Global Military Radar Market Battling over Cost,

not Innovation

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Military Radar Market

REPORT DESCRIPTION

Military Radar Market - Global Industry Analysis, Size, Share, Growth, Trends

and Forecast, 2013 – 2019

The global military radar market is fragmented in nature. The top five market players in the

military radar market collectively hold a market share of 54%. However, not a single player in the

market holds a definitively dominant market share, as the industry is driven by government

tenders.

Browse the full Military Radar Market report at

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Cost-Effectiveness the New Strategic Asset for Players in the Global Military Radar

Market

Some top players in the global military radar market are Lockheed Martin Corporation, Raytheon,

Northrop Grumman Corporation, Terma A/S, ASELSAN Inc., BAE Systems, Saab Sensis

Corporation, Boeing, Harris Corporation, and DRS Technologies. Players operating in the global

military radar market will benefit from the increasing demand for radar due to border protection

issues and strategic alliances.

Firms in the global military radar market were previously competing on the basis of innovation.

However, recently the news of a failed missile defense project in the U.S., which was in the

pipeline for decades, has led to companies adopting a new competition strategy. The Pentagon

invested US$10 billion in a missile defense project. This project was meant to develop the most

powerful radar of its kind in the world. The failure of this costly project has changed the

competitive...