"Technology trends around AESA (active electronically scanned array) architecture, gallium nitride- (GaN) based solid-state components and digital conversion and processing technologies will also add impetus to radar spending globally through both upgrades on existing systems as well as new radar procurements," predicts Asif Anwar, ADS Director at Strategy Analytics. "The associated market for semiconductors and other components will grow to over $3 billion with GaN becoming the primary enabling technology as it grows at a CAGR of 28.0%.
About Strategy Analytics
Strategy Analytics, Inc. provides the competitive edge with advisory services, consulting and actionable market intelligence for emerging technology, mobile and wireless, digital consumer and automotive electronics companies. With offices in North America, Europe and Asia, Strategy Analytics delivers insights for enterprise success. www.StrategyAnalytics.com
European Contact: Asif Anwar, +44(0) 1908 423 635, firstname.lastname@example.org
US Contact: Eric Higham, +1 617 614 0721, email@example.com
Logo - http://photos.prnewswire.com/prnh/20130207/NE56457LOGO-b
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/military-radar-market-growth-accelerating-towards-20-billion-says-strategy-analytics-300368954.html
SOURCE Strategy Analytics