According to the OMR analysis, the global radar market is estimated to grow at a significant rate during the forecast period (2018-2023). The global radar market has witnessed a significant growth due to high expenditure on military and security. Furthermore, increasing government initiatives for building defense infrastructure along with significant investment for curbing the threats from neighboring countries is estimated to foster the market growth. The global radar market is segmented on the basis of type, application, range, and geography. The report provides detailed and insightful chapters on market overview, key findings, strategic recommendations, market estimations, market determinants, key company analysis, market insights, company profiling, market segmentation, geographical analysis and analyst insights.
To Request a Sample of our Radar Market: https://www.omrglobal.com/request-sample/global-radar-market
The market on the basis of application is segmented as weather monitoring, automotive, industrial applications, and applications in aerospace and defense. The market is estimated to be dominated by aerospace and defense as this industries continuously require for keeping track of the aircrafts for maintaining the path of the flights and controlling air traffic. Any kind of lapse or miss in aircraft tracking can lead to a catastrophic incident. In addition, there has been an increased demand of drone systems as well as unmanned aerial systems flying high in the air and that are required to be traced for safety purposes. Moreover, the needs of radar in defense industry is very versatile and are needed to fit to diversified demands including naval ship-mounted radar systems, airborne radar systems and vehicle mounted radar systems.
The global radar market on the basis of geography is divided into – North America, Asia-Pacific, Europe, and rest of the world. North America is estimated to hold the largest share and is expected to remain dominating owing to the continuous investment by the government in military radar systems and initiatives taken by the government of the region for enhancing defense infrastructure. Moreover, Asia-Pacific is further estimated to contribute significantly in the global radar market. Asian countries such as China, India, and Japan have made significant investments in coastal surveillance and weather detection capabilities. This contributes to the growth of the radar market in Asia-Pacific region.
(Get 15% Discount on Buying this Report)
A full Report of Radar Market is Available at: https://www.omrglobal.com/industry-reports/global-radar-market
Company Profiles
- Accipiter Radar Technologies Inc.
- Aselsan A.S.
- BAE Systems PLC
- Building Radar GmbH
- Cambridge Pixel Ltd.
- CI Radar LLC
- Dassault Aviation SA
- Elta Systems Ltd.
- Fortem Technologies, Inc.
- General Dynamics Corporation
- Harris Corporation
- Hensoldt Optronics GmbH
- Honeywell International Inc.
- ImSAR LLC
- iRadar Sdn. Bhd.
- Kelvin Hughes Limited
- L-3 Technologies, Inc.
- Leonardo S.p.A
- Lockheed Martin Corporation
- Northrop Grumman Corporation
- Rheinmetall AG
- Rockwell Collins Inc.
- Saab AB
- Terma A/S
- Thales Group
- The Boeing Company
- The Raytheon Company
- Tre Altamira s.r.l.
- Turck Gmbh & Co. Kg
- Unisys Corporation
Reasons to Buying From us –
- We cover more than 15 major industries, further segmented into more than 90 sectors.
- More than 120 countries are for analysis.
- Over 100+ paid data sources mined for investigation.
- Our expert research analysts answer all your questions before and after purchasing your report.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/global-radar-market
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
For More Information, Visit Orion Market Research
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404
