London, UK (PRWEB) April 05, 2012
To enhance the accuracy and resolution of radars, the world defense industry is investing heavily in technology developments. The demand for light weight and space saving radars is increasing sharply as more and more aircraft are being equipped with the latest in radar technology. This is the most significant factor which is currently driving R&D in the radar systems domain. Among the key technological developments driving global demand for radars, active electronically scanned array and phased array systems take the lead.
North America is expected to account for the largest share of the total global expenditure on military radar systems. High demand in the region is chiefly fuelled by the major missile defense programs, upgrade of aircraft technologies and fresh investment in space based radar technology.
New study “The Global Military Radar Market 2012-2022” drawn up by iCD Research has been recently published by Market Publishers Ltd.
Title: The Global Military Radar Market 2012-2022
Published: March, 2011
Price: US$ 4,800
The research report focuses on a granular analysis of the current industry size and growth expectations over the next decade, including highlights of major growth stimulators. It also benchmarks the industry against key global markets and provides a detailed understanding of emerging opportunities in specific areas.
Companies mentioned include: Raytheon, Lockheed Martin Corporation, Boeing, Saab Sensis, BAE Systems, Northrop Grumman, Rheinmetall Defense, ThalesRaytheon Systems, Harris Corporation, Accipiter Radar Technologies,Esterline Technologies, Almaz- Antei,Honeywell International, and ASELSAN.
1.1 What is this Report About?
1.3 Summary Methodology
1.4 About Strategic Defense Intelligence
2 Executive Summary
3 Global Military Radar Market Size and Drivers
3.1 Military Radar Market Size and Forecast 2012–2022
3.1.1 Global military radar market to show positive growth during the forecast period
3.2 Global Military Radar Market – Regional Analysis
3.2.1 North America dominates the global military radar market
3.2.2 Demand for ground-based and naval radars in the US to support the global military radar market
3.2.3 Demand for military radars in Europe expected to increase despite the defense budget cuts
3.2.4 Military radars market expected to grow at a CAGR of 4.38% in the Asia-Pacific region
3.2.5 Markets in the Middle East to witness robust spending on military radars
3.2.6 Brazil expected to be the highest spender in the military radar sector in the Latin American region
3.2.7 Markets in Africa expected to increase over the forecast period
3.3 Military Radar Sub–Sector Market Size Composition
3.3.1 Airborne radar to record strong CAGR growth
3.3.1 Market size of airborne radar expected to grow at a CAGR of 2.57% during the forecast period
3.3.1 Market size of Ground-based radars expected to rise at a CAGR of 1.52% during forecast period
3.3.1 Market for Naval radars expected to increase and reach US$2.08 billion by 2022
3.3.1 Market for Space-Based radars expected to grow at a CAGR of 9.40% during the forecast period
3.4 Demand Drivers and Growth Stimulators
3.4.1 Development of active electronically scanned array (AESA) technology
3.4.2 Increasing use of radars on unmanned aerial vehicles (UAVs)
3.4.3 Modernization of air defense networks
3.5 Defense Budget Spending Review
3.5.1 European capital expenditure expected to increase during the forecast period
3.5.2 Asian defense budgets expected to increase at a robust pace
3.5.3 North American defense expenditure projected to decline marginally during the forecast period
3.5.4 Modernization programs likely to drive defense expenditure in South American countries
3.5.5 Military budgets of African countries expected to increase during the forecast period
3.5.6 Defense budgets of Middle Eastern countries likely to increase during the forecast period
3.6 Defense Modernization Review
3.6.1 Financial constraints causing delays in European defense modernization programs
3.6.2 Defense budgets of Asian countries likely to be driven by competitive arms acquisitions
3.6.3 Global economic slowdown leading to defense budget cuts in the North American region
3.6.4 Need to replace aging equipment driving South American defense expenditure
3.6.5 Security threats increasing the defense budget of African countries
3.6.6 Demand for air defense systems is likely to increase in the Middle East
4 Industry Trends, Recent Developments and Challenges
4.1 Technological Developments
4.1.1 Millimeter wave amplifier technology expected to revolutionize communications and radar capabilities in the US
4.1.2 New radar technology that enables vision through solid walls to provide real time images beyond barriers
4.1.3 Digital beamforming radar systems to help defeat overwhelming attacks on US warships
4.2 Market Trends
4.2.1 Shift towards AESA based platforms
4.2.2 Passive radars to provide anti-stealth defense options
More new market studies by the publisher can be found at iCD Research page.