The U.S. has been the biggest market for the antenna, transducer, and radome system.Asia-Pacific region like South Korea, Japan, and Middle Eastern countries like UAE, Saudi Arabia, and Israel can drive growth of the market.
(PRWEB) July 18, 2014
According to a new market research report of "Transducer, Radome & Antenna Market, by Product [Radar, Sonar and Communication], Application [Airborne, Naval and Land-based Systems], & by Geography [Asia-Pacific, Europe, Middle East, North America and South America] - Global Forecasts & Analysis to 2014 - 2020," the global antenna, transducer, and radome market is estimated to be $17.7 Billion in 2014 and is expected to register a CAGR of 6.27% to reach $25.5 Billion by 2020.
Browse more than 73 market data tables with 9 figures spread through 170 Pages and in-depth TOC on "Transducer, Radome & Antenna Market."
The report provides an in depth analysis of the present industry size and growth prospects during the forecast period, including highlights of key growth stimulators. This report further benchmarks the industry against key global markets and provides detailed understanding of emerging opportunities in specific areas.
The growth regions will be Asia-Pacific and the Middle East. However countries like South Korea, Japan, UAE, Saudi Arabia and Israel will show a higher growth level in the market throughout the forecast period.
Early buyers will receive 10% customization on this report.
Defense budget cuts in the U.S. and Europe will have an impact on the Transducer, Radome & Antenna market.
Transducer, Radome & Antenna systems will be on high priority in the near future because of increasing military tension in regions like the Middle East and Asia-Pacific, and the growing commercial aircraft market. The Transducer, Radome & Antenna systems have evolved rapidly while there will be developments in technology in the future, which will create new and better opportunities in the market.
It provides detailed analysis of the market for military and commercial Transducer, Radome & Antenna Markets during the period 2014 to 2020. The report also incorporates the factors that persuade a country's expenditure on transducer, radome & antenna to cut or invest. It provides detailed expectations of growth rates and projected total expenditure.
It throws light upon the leading competitors in the global transducer, radome & antenna Markets and apart from the general overview of the companies, it also focuses on their financial positions, key products, and markets.
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