Passive Radar Industry worth $10B by 2023 for Military & Civil Aviation Markets Says a Research Report ReportsnReports.com adds The Military and Civil Aviation Passive Radar Market: 2013 - 2023 research report to its store.
DALLAS, Feb. 27, 2014 /PRNewswire-iReach/ -- Passive radar is different from traditional forms of radar in that it dies not emit any electromagnetic radiation. Instead, it relies on reflections from other electromagnetic signals in the atmosphere in order to provide a radar picture. Passive radar provides a number of distinct advantages that will allow it to corner a significant portion of defense, homeland security, and civilian radar markets (http://www.reportsnreports.com/reports/254211-the-military-and-civil-aviation-passive-radar-market-2013-2023.html). In addition to cost-efficiency, passive radar is also covert, an effective counter to stealth technologies, and environmentally friendly.
The market for passive radar is still in its infancy, and few companies have developed effective, marketable systems. However, as the technology becomes more sophisticated and affordable, more and more competitors can be expected to enter the market, particularly in defense and homeland security.
By the end of 2023, we expect passive radar technology investments to account of more than $10 billion in revenue, following a CAGR of nearly 36% between 2013 and 2023. This report focuses on the two markets where passive radar technology has the greatest potential: civilian aviation and military radar applications.
The report presents vendor strategies, overall depictions of potential growth in both sectors, as well as detailed qualitative and quantitative analysis of global and regional drivers and limitations on market potential from 2013 till 2023.
The report comes with an associated excel datasheet covering quantitative data from all revenue projection forecasts presented within the report.
The report has the following key findings:
- At present, the market for passive radar is still in its infancy, and few companies have developed effective, marketable systems
- Overall spending on passive radar technology will surpass $10 Billion annually by the end of 2023
- The flexibility of deployment, together with stealth and surveillance capabilities will drive passive radar investments to comprise nearly 41% of the total military radar spending between 2013 and 2023
- Cost efficiency, spectrum congestion and emerging urban applications are the key drivers impelling passive radar investments in civil aviation
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The report covers the following topics:
- The business case for passive radar technologies
- Market drivers and limitations for civilian aviation and military applications
- Profiles and strategies of key industry players
- Global and regional market forecasts for passive radar investments:
- Submarket forecasts are categorized in the following two categories:
- Military & Homeland Security passive radar market
- Civil Aviation passive radar market
Regional forecasts are categorized in the following six categories:
- North America
- Asia Pacific
- Middle East
- Latin & Central America
Key Questions Answered
The report answers to the following key questions.
- How big is the opportunity for passive radar technology and what is the size of the total addressable market?
- What are the key military and civil aviation applications of passive radar technology?
- What are the market drivers and barriers for the adoption of passive radar technology?
- Which region will witness the highest level of investments and growth on passive radar?
- Which key industry players are investing in passive radar technology?
List of Companies Mentioned
The following companies have been mentioned in the report.
- Applied Radar
- Bruel and Kjaer
- Cambridge Pixel
- Department of Defense (DOD)
- DRS Technologies
- ELTA Systems
- Ettus Research
- EUROCONTROL (European Organization for the Safety of Air Navigation)
- Federal Aviation Authority (FAA)
- General Atomics Aeronautical Systems, Inc.
- Helios Remote Sensing Systems
- Information Systems Laboratories
- Israel Aerospace Industries
- ITT Corporation
- Kelvin Hughes
- Lockheed Martin
- Longbow LLC
- Northrop Grumman Corporation
- Raytheon Company
- Roke Manor Research
- Royal Air Force
- Saab AB
- Selex ES
- Thales Group
- The Boeing Company
Table of Contents:
Chapter 1: Introduction
Chapter 2: An Overview of Passive Radar Technology
Chapter 3: Passive Radar in Civil Aviation
Chapter 4: Passive Radar in the Military
Chapter 5: Company Profiles
Chapter 6: Additional Forecasts & Conclusion
List of Figures
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Other Reports Related to Radar Market:
Global Radar Market 2014-2018 (http://www.reportsnreports.com/reports/274804-global-radar-market-2014-2018.html): Analysts forecast the Global Radar market to grow at a CAGR of 12.43 percent over the period 2013-2018. One of the key factors contributing to this market growth is the increasing demand from developing nations. The Global Radar market has also been witnessing the increased usage of solid state electronics. However, the increasing regulatory barriers could pose a challenge to the growth of this market.
Global Radar Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Global region; it also covers the Global Radar market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors dominating this space are Lockheed Martin Corp., Northrop Grumman Corp., Raytheon Co., and Thales S.A.
Other vendors mentioned in the report are Applied Radar, Inc., BAE Systems plc, Cambridge Consultants Limited, DRS Technologies, Inc., European Aeronautic Defence and Space Company EADS N.V., Euroradar Consortium, Galileo Avionica S.p.A, Honeywell International, Inc., ICx Technologies, Inc., Israel Aerospace Industries Ltd., M/A Com - Cobham plc, Mitsubishi Heavy Industries, Ltd., Rockwell Collins, Telephonics Corporation, and Terma A/S.
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