Military Radars Market worth 15.42 Billion USD by 2022 Military Radars Market by Component (Antenna, Transmitter, Receiver, Duplexer, Display, Digital Signal Processor), Platform (Land, Naval, Airborne, Space), End User, Type, Frequency Band, Dimension, Range, Application, & Region - Global Forecast to 2022
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Summery ď‚´ [279 Pages Report] The military radars market is projected to grow from USD 12.63 Billion in 2016 to USD 15.42 Billion by 2022, at a CAGR of 3.38% from 2017 to 2022. The objectives of this study are to analyze the military radars market, along with the statistics from 2017 to 2022, as well as to define, describe, and forecast the market based on dimension, range, platform, product type, component, frequency band, end user, application, and region. The year 2016 has been considered as the base year while 2017 to 2022 has been considered as the forecast period for this study on the military radars market.
 Research Methodology  The research methodology that has been used to estimate and forecast the military radars market begins with capturing data about the demand for military radars through secondary sources, such as Flight Global, SIPRI, SEA Europe, and paid databases. The different types of military radars offered have also been taken into consideration to determine the market segmentation. The bottom-up procedure has been employed to arrive at the overall size of the military radars market from the revenue of the key players in the market. After arriving at the overall market size, the total market has been split into several segments and subsegments, which have then been verified through primary research by conducting extensive interviews with key experts, such as chief executive officers, vice presidents, directors, and executives of the leading companies in the military radars market. The data triangulation and market breakdown procedures have been employed to complete the overall market engineering process and arrive at the exact statistics for all the segments and subsegments of the military radars market.
Product Type Surveillance & Airborne Early Warning Tracking & Fire Control Radar Multi-function Radar Synthetic Aperture & Moving Target Indicator Radar Weapon Locating Radar & C-RAM Ground Penetrating Radar Weather Radar Based on product type, the surveillance & airborne early warning segment is estimated to account for the largest market share during the forecast period. The increasing use of surveillance radars in air defense systems on land and naval platforms is leading to the growth in demand for these radars.
Key Player Northrop Grumman (US), Raytheon (US), Saab (Sweden), Israel Aerospace Industries (Israel), Lockheed Martin (US), BAE Systems (UK), Terma (Denmark) etc
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