South America Air and Missile Defense Radar Market is Expected to Reach $340 Million in 2020 - New Report by MicroMarket Monitor

It provides information and in-depth knowledge about the trends in these three sub-segments and also provides information about top spenders in this market. http://www.micromarketmonitor.com/market/south-america-air-and-missile-defense-radar-4603345342.html.

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MicroMarket Monitor

MicroMarket Monitor

Key players in the South America Air and Missile Defense Radar Market are Northrop Grumman Corp, Saab Ab, Lockheed Martin, Rockwell Collins, Thales Sa, Exelis Inc., Honeywell International Inc., Finmeccanica Spa & others.

(PRWEB) July 24, 2014

The South American air and missile defense radar market has been estimated at $200 million in 2014 and is expected to register a CAGR of 9.64% to reach $340 million by 2020. South America spends mainly on tackling internal security issues like drug trafficking. Brazil is the only market in the region which holds 75% share in the air and missile defense radar market. This is followed by Argentina and Chile, which show a promising future in the market for radar systems in terms of costal surveillance and other air defense radar.

Browse through the TOC of the South America Air and Missile Defense Radar Market report to get an idea of the in-depth analysis provided. It also provides a glimpse of the segmentation in the South American market, and is supported by various tables and figures.

http://www.micromarketmonitor.com/market/south-america-air-and-missile-defense-radar-4603345342.html

Air and missile defense radars are used as early-warning devices which can detect an approaching enemy’s aircraft or missiles from great distances. These radar systems form a defensive position in the form of Anti-Aircraft Artillery (AAA), missiles, or fighter planes; the systems must be readily available at any point in time to repel an attack.

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The sub-segment of the air and missile defense radar market is differentiated by platform segments namely, airborne, naval, and land-based air and missile defense radar systems. It provides information and in-depth knowledge about the trends in these three sub-segments and also provides information about top spenders in this market.

The air and missile defense radar market is a highly technology-driven market. However, though the current systems have been tested successfully by market players, their real-time deployment in war zones is limited.

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This report also includes the market share, supply-chain and value-chain analyses, and market metrics such as drivers and restraints. In addition, it presents a competitive landscape and company profiles of key players in this market.

Related Reports:

North America Air and Missile Defense Radar Market
The main purpose of air and missile defense radar (AMDR) systems is to provide volume search, tracking, precision tracking, missile communication, horizon search, and terminal search identification of air and missile targets. The air and missile defense system consists of two primary radars and a radar suite controller which coordinates the sensors.

The North American market is estimated to be $1.48 billion in 2014, and is expected to register a CAGR of 8.22% to reach $2.57 billion by 2020. The continued requirement for larger radar footprints across North America will be the driving factor of the market. The increasing missile threats and growing technological trends in ballistic missile systems are the key growth factors in the market. The AMDR systems classification is based on application and region. In application segmentation, the system is differentiated into three sectors—airborne, naval, and land-based application. The naval application has the highest market value compared to other applications. Investments in missile defense programs are increasing, and are expected to continue to increase in the near future.
http://www.micromarketmonitor.com/market/north-america-air-and-missile-defense-radar-2050888716.html

Asia-Pacific Air and Missile Defense Radar Market
The main purpose of air and missile defense radar (AMDR) systems is to provide volume search, tracking, precision tracking, missile communication, horizon search and terminal search identification of air and missile targets. The air and missile defense system consists of two primary radars and a radar suite controller which coordinates the sensors.

The Asia-Pacific AMDR systems market is estimated to be $1.99 billion in 2014 and is expected to register a CAGR of 5.53% and reach $2.09 billion by 2020. The continued requirement for larger radar foot prints and the evolving nature of warfare across Asia-Pacific will be the driving forces of the market. Increasing missile threats and growing technological trends in ballistic missile systems are the key growth factors in the market. The air and missile defense radar systems classification is based on applications and regions.
http://www.micromarketmonitor.com/market/asia-pacific-air-and-missile-defense-radar-1368567307.html

Europe Air and Missile Defense Radar Market
The main purpose of air and missile defense radar (AMDR) systems is to provide volume search, tracking, precision tracking, missile communication, horizon search and terminal search identification of air and missile targets. The air and missile defense system consists of two primary radars and a radar suite controller which coordinates the sensors.

The European AMDR systems market is estimated to be $1.20 billion in 2014 and is expected to register a CAGR of 8.06% and reach $2.07 billion by 2020. The continued requirement for larger radar foot prints and the evolving nature of warfare across Europe will be the driving forces of the market. Increasing missile threats and growing technological trends in ballistic missile systems are the key growth factors in the market.

The air and missile defense radar systems classification is based on applications and regions. In the application segment, the system is differentiated into three sectors, namely, airborne, naval, and land-based application.
http://www.micromarketmonitor.com/market/europe-air-and-missile-defense-radar-7891778404.html

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