Global Military Radar Market Key Trends, Size, Growth, Shares and Forecast Research Report 2015-2025

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During the forecast period the demand for Military Radar equipmentis anticipated to be driven by increased spending on innovative technologies, growing use of radar systems, and increasing demand for early detection and situational awareness.Airborne, ground-based, and naval radarsare expected to account for the top three largest shares of the global Military Radarmarket over the forecast period.

Key Findings

The global Military Radarmarket is expected to be worth US$13.1 billion in 2015 and is expected increase to US$15.7 billion by 2025, representing a CAGR of 1.81% during the forecast period

The market is expected to be dominated by North America, occupying 38.5% of the market share, followed by Asia-Pacific and Europe. Middle East, Latin America, and Africa are expected to account for the remaining 13.4% of the overall market

The airborne radarmarket is estimated to account for 35.6% of the global Military Radarmarket.Ground-based and naval radarsare also expected to account for a significant portion of the total Military Radarmarket during the forecast period, with shares of 27.3% and 17.2% respectively

Sonar and Space-based radars combine will account for the remaining 19.8% of global Military Radar expenditure

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Synopsis

The Global Military RadarMarket 2015–2025 report offers a detailed analysis of the industry with market size forecasts covering the next ten years. This report will also analyze factors that influence demand for Military Radar, key market trends, and challenges faced by industry participants.

In particular, it provides an in-depth analysis of the following:

Market size and drivers: detailed analysis during 2015–2025, including highlights of the demand drivers and growth...