Military Radar Systems Market Size

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Military Radar Systems Market Share, Size, Analysis, Growth,
Trends and Forecasts to 2024 | Hexa Research
" The global military radar systems market size was
estimated at USD 11.45 billion in 2016 and is
anticipated to witness growth"
The global Military Radar Systems Market to reach USD 14.46 billion by 2024, driven by the rising need for
improving safety and security on the borders and rising conflicts among neighboring nations. North America
was the largest regional market commanding the highest revenue share in 2016 and is expected to maintain its
dominance over the forecast period.
The region is home to many active vendors such as Raytheon Company and Northrop Grumman Corporation in
the defense market at large. Rise in investment activities, especially in developing countries such as China and
India to strengthen their armies is expected to boost the military radars systems market over the forecast
period.
The ground-based radar platform dominated the market owing to its uses and applications in surveillance and
weapon guidance. The segment is expected to continue to dominate the market over the forecast period as
well. Airborne radars are widely used for guiding missiles and for tracing accurate and precise targets. Naval
radars are expected to follow a similar growth trajectory with an expected increase in demand over the forecast
period.
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Growing safety and security concerns with the nations along with rising investments and defense budgets are
expected to spur growth in military radar systems market. Technological advancements in the military radar
systems industry are leading to the growth and development of lightweight military radars which is projected to
add to the growth of the market over the forecast period.
The military radar systems market is estimated to witness growth in demand owing to the escalation in terrorist
activities, border intrusions, and inter-country conflicts. Military radars are used for accurate and precise
detection, surveillance, tracking, warning, and ground mapping of weapons and aircraft in the war zone.
While the market for military radar systems is expected to grow over the forecast period, it remains susceptible
to the prevailing economic situations. The result of economic slowdown has affected military spending in many
countries, hindering the growth opportunities for defense market at large.
European countries, such as Germany, UK, and Russia have observed cut down in defense expenditure owing to
the financial crises and macroeconomic conditions. Furthermore, the development of space -based radars
involves considerable expenditure on R&D activities, engineering, and production.
Hexa Research has segmented the global military radar systems market based on platform, application and
region:
Segmentation by platform, 2014 - 2024 (USD Billion)
• Ground-Based
• Naval
• Airborne
• Space-based
Segmentation by application, 2014 - 2024 (USD Billion)
• Weapon guidance system
• Surveillance
Segmentation by region, 2014 - 2024 (USD Billion)
• North America
• U.S.
• Asia Pacific
• China
• India
• Europe
• France
• UK
Key players analyzed
• Lockheed Martin Corporation
• Boeing
• Northrop Grumman Corporation
• Raytheon Company
• Saab Sensis Corporation
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• BAE System PLC
• Airbus Group
• General Dynamics Corporation
• Leonardo DRS
• Harris Corporation
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Table of Content of Military Radar Systems Market
Chapter 1. Market Summary
1.1. Market trends & movement
Chapter 2. Military Radar Systems Market Trends: Drivers & Opportunities
2.1. Introduction
2.2. Key industry trends
2.3. Market drivers
2.4. Market restraints
2.5. Value chain analysis
2.6. Porter's Five Forces analysis
2.7. SWOT
Chapter 3. Military Radar Systems Market Trends, By Platform
3.1. Global military radar systems market movement, by platform, 2014 & 2024
3.1.1. Ground-Based
3.1.1.1. Market estimates and forecast, 2014 - 2024 (USD Billion)
3.1.2. Naval
3.1.2.1. Market estimates and forecast, 2014 - 2024 (USD Billion)
3.1.3. Airborne
3.1.3.1. Market estimates and forecast, 2014 - 2024 (USD Billion)
3.1.4. Space-based
3.1.4.1. Market estimates and forecast, 2014 - 2024 (USD Billion)
Chapter 4. Military Radar Systems Market Trends, By Application
4.1. Global Military Radar systems market movement, by application, 2014 & 2024
4.1.1. Weapon guidance
4.1.1.1. Market estimates and forecast, 2014 - 2024 (USD Billion)
4.1.2. Surveillance
4.1.2.1. Market estimates and forecast, 2014 - 2024 (USD Billion)
Chapter 5. Military Radar Systems Market Trends, By Region
5.1. Global Military Radar systems market movement, by region, 2014 & 2024
5.1.1. North America
5.1.1.1. Market estimates and forecast, 2014 - 2024 (USD Billion)
5.1.1.2. Market estimates and forecast, by platform, 2014 - 2024 (USD Billion)
5.1.1.3. Market estimates and forecast, by application, 2014 - 2024 (USD Billion)
5.1.2. Asia Pacific
5.1.2.1. Market estimates and forecast, 2014 - 2024 (USD Billion)
5.1.2.2. Market estimates and forecast, by platform, 2014 - 2024 (USD Billion)
5.1.2.3. Market estimates and forecast, by application, 2014 - 2024 (USD Billion)
5.1.3. Europe
5.1.3.1. Market estimates and forecast, 2014 - 2024 (USD Billion)
5.1.3.2. Market estimates and forecast, by platform, 2014 - 2024 (USD Billion)
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5.1.3.3. Market estimates and forecast, by application, 2014 - 2024 (USD Billion)
5.1.4. RoW
5.1.4.1. Market estimates and forecast, 2014 - 2024 (USD Billion)
5.1.4.2. Market estimates and forecast, by platform, 2014 - 2024 (USD Billion)
5.1.4.3. Market estimates and forecast, by application, 2014 - 2024 (USD Billion)
Chapter 6. Key Country Markets
6.1. U.S.
6.1.1. Market estimates and forecast, 2014 - 2024 (USD Billion)
6.1.2. Market estimates and forecast, by platform, 2014 - 2024 (USD Billion)
6.1.3. Market estimates and forecast, by application, 2014 - 2024 (USD Billion)
6.2. India
6.2.1. Market estimates and forecast, 2014 - 2024 (USD Billion)
6.2.2. Market estimates and forecast, by platform, 2014 - 2024 (USD Billion)
6.2.3. Market estimates and forecast, by application, 2014 - 2024 (USD Billion)
6.3. China
6.3.1. Market estimates and forecast, 2014 - 2024 (USD Billion)
6.3.2. Market estimates and forecast, by platform, 2014 - 2024 (USD Billion)
6.3.3. Market estimates and forecast, by application, 2014 - 2024 (USD Billion)
6.4. UK
6.4.1. Market estimates and forecast, 2014 - 2024 (USD Billion)
6.4.2. Market estimates and forecast, by platform, 2014 - 2024 (USD Billion)
6.4.3. Market estimates and forecast, by application, 2014 - 2024 (USD Billion)
6.5. France
6.5.1. Market estimates and forecast, 2014 - 2024 (USD Billion)
6.5.2. Market estimates and forecast, by platform, 2014 - 2024 (USD Billion)
6.5.3. Market estimates and forecast, by application, 2014 - 2024 (USD Billion)
Chapter 7. Competitive Landscape
7.1. Competitive landscape analysis, 2014
7.2. Strategic framework
7.3. Potential customer base concentration
7.4. Company market positioning
7.5. Company profiles
7.5.1. Lockheed Martin Corporation
7.5.1.1. Company Overview
7.5.1.2. Product Benchmarking
7.5.1.3. Financial Performance
7.5.1.4. Recent Initiatives
7.5.2. Boeing
7.5.2.1. Company Overview
7.5.2.2. Product Benchmarking
7.5.2.3. Financial Performance
7.5.2.4. Recent Initiatives
7.5.3. Northrop Grumman Corporation
7.5.3.1. Company Overview
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7.5.3.2. Product Benchmarking
7.5.3.3. Financial Performance
7.5.3.4. Recent Initiatives
7.5.4. Raytheon Company
7.5.4.1. Company Overview
7.5.4.2. Product Benchmarking
7.5.4.3. Financial Performance
7.5.4.4. Recent Initiatives
7.5.5. Saab Sensis Corporation
7.5.5.1. Company Overview
7.5.5.2. Product Benchmarking
7.5.5.3. Financial Performance
7.5.5.4. Recent Initiatives
7.5.6. BAE System PLC
7.5.6.1. Company Overview
7.5.6.2. Product Benchmarking
7.5.6.3. Financial Performance
7.5.6.4. Recent Initiatives
7.5.7. Airbus Group
7.5.7.1. Company Overview
7.5.7.2. Product Benchmarking
7.5.7.3. Financial Performance
7.5.7.4. Recent Initiatives
7.5.8. General Dynamics Corporation
7.5.8.1. Company Overview
7.5.8.2. Product Benchmarking
7.5.8.3. Financial Performance
7.5.8.4. Recent Initiatives
7.5.9. Leonardo DRS
7.5.9.1. Company Overview
7.5.9.2. Product Benchmarking
7.5.9.3. Financial Performance
7.5.9.4. Recent Initiatives
7.5.10. Harris Corporation
7.5.10.1. Company Overview
7.5.10.2. Product Benchmarking
7.5.10.3. Financial Performance
7.5.10.4. Recent Initiatives
7.5.11. List of other vendors
Chapter 8. Methodology and Scope
8.1. Research methodology
8.2. Research Scope & Assumptions
8.3. List of data sources
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The global military radar systems market size was estimated at USD 11.45 billion in 2016 and is anticipated to witness growth.

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