NEW YORK, June 1, 2016 /PRNewswire/ -- Report Details
Consistent growth is forecast for the global military radar market over the 2015-2025 period. Geopolitical, technological, operational and economic factors all contribute to an uncertain level of future military expenditure in many national markets. Visiongain expects the global military radar systems market to reach $9.42bn in 2015. However – as is explained throughout the report's detailed analysis – the demand for military radar systems will endure throughout the forecast decade.
In current threat environments, where precision and intelligence are more important than ever, the use of radar is a crucial element of both surveillance and the accurate deployment of weapons - in both offensive and defensive applications.
Air and ballistic missile defence, air-to-air combat, strategic long-range surveillance, counter-fire systems and multiple other military applications are dependent on radar systems. The increasingly necessary requirement for situational awareness and battlefield management places demands on radar manufacturers to develop more capable and adaptable systems to plug into the network-centric operations of modern militaries worldwide.
However, there is considerable demand from emerging military powers requiring modernisation of their legacy systems. Porous borders, threats to territorial integrity and strategic threats such as ballistic missiles are all driving factors propelling the military market forward with consistent growth rates
Why you should invest in Military Radar Systems Market 2015-2025: Leading Companies in Airborne, Naval & Land-Based Systems
What is the future of the military radar market? Visiongain's comprehensive analysis contains highly quantitative content delivering solid conclusions benefiting your analysis and illustrates new opportunities and potential revenue streams helping you to remain competitive. This definitive report will benefit your decision making and help to direct your future business strategy.
How this 279 page report delivers:
- View global military radar market forecasts from 2015-2025 keeping your knowledge up to speed and ensuring you exploit key business opportunities
- The report provides detailed regional, national, and submarket sales projections of the market, analysis of the various competitors, and the market's commercial drivers and restraints, allowing you to more effectively compete in its environment. In addition to market forecasts covering the period 2015-2025, this new study brings together current market data, and submarket breakdown information, original critical analysis, and revealing insight into commercial developments.
- Our report provides 221 tables, charts and graphs
- See a thorough assessment of the current state of the military radar market, where opportunities exist, and where barriers to entry are high.
See an exclusive interview transcript from RADA Electronic Industries Ltd.
- By reading the transcript of the exclusive expert opinion interview contained in the report you will keep up to speed with what is happening in the industry. You will find strategic advantages for your work and will learn how your organisation can benefit, allowing you to assess prospects for investments and sales.
Discover sales predictions for the key military radar submarkets from 2015-2025
- What are the dynamic within the military radar industry? Which submarkets will generate the most revenue? Use our forecasts and expert insight to grow your business and gain more insight into 3 key submarkets
- Airborne radar systems
- Naval radar systems
- Land-based radar systems
Understand the prospects for the leading national military radar markets– where will the highest revenues and opportunities occur?
- Learn about the market potential for military radar companies in the developed and developing countries, from 2015 onwar
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