(PRWEB) May 11, 2014
According to the new market research report "Security and Surveillance Radar Market (Land Systems, Airborne Systems, and Naval Systems) - Global Forecasts and Analysis to 2014 - 2020", Security and Surveillance Radar market are estimated to be $6.08 billion in 2014 and are expected to register a CAGR of 5.97% to reach $8.61 billion by 2020.
Browse more than 93 market data tables with 47 figures spread through 161 pages and in-depth TOC on "Security and Surveillance Radar Market".
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Radar Systems exist in various base applications like the Airspace Surveillance Radar, the Marine Surveillance Radar, and the Ground Surveillance Radar. With multiple parallel processors, the radar can operate as a multi-functional system to provide all application functionality from a single radar network. The security and surveillance radar systems use state-of-the-art, solid-state Doppler radar technology developed specifically for detection of low RCS targets in high clutter environments in target optimized S-band, X-band and combined S/X-band radar frequencies.
With respect to platforms, airborne radar systems account for 35%, naval 32%, and land-based systems 33% of the security and surveillance radar market. Airborne systems have the highest CAGR across all platforms.
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The report provides in-depth analysis of the present industry size and growth prospects for the forecasted period, including highlights of key growth stimulator. The report further benchmarks the industry against key global markets and provides a detailed understanding of emerging opportunities in specific areas.
It provides detailed analysis of the market for military and commercial surveillance and security radars during the period 2014-2020. The report also incorporates the factors that persuade a country's expenditure on radars to cut or invest. It provides detailed expectations of growth rates and projected total expenditure.
Early buyers will receive 10% customization on this report.
It throws light on the leading competitors in the global Security and Surveillance Radar Market. Apart from the general overview of the companies it also focuses upon their financial position, key products, and markets.
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