Military & Civil Aviation Market for Passive Radar Technology 2023 Forecasts in New Research Report at RnRMarketResearch.com
Dallas, TX (PRWEB) July 29, 2013 -- Passive radar is different from traditional forms of radar in that it does 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. In addition to being cost-efficient, passive radar is also covered, 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.
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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 data sheet covering quantitative data from all revenue projection forecasts presented within the report.
Key Findings:
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.
List of Companies Mentioned:
The following companies have been mentioned in the report.
Applied Radar, BAE, Bruel and Kjaer, Cambridge Pixel, Cassidian, Cobham, Department of Defense (DOD), DRS Technologies, EADS, ELTA Systems, Ettus Research, EUROCONTROL (European Organization for the Safety of Air Navigation), Federal Aviation Authority (FAA), Finmeccanica, Frequentis, General Atomics Aeronautical Systems, Inc., Helios Remote Sensing Systems, Honeywell, Indra, Information Systems Laboratories, Israel Aerospace Industries, ITT Corporation, Kelvin Hughes, Lockheed Martin, Longbow LLC, NATS, NIIP, Northrop Grumman Corporation, Raytheon Company, Roke Manor Research, Royal Air Force, Saab AB, Selex ES, Telephonics, Terma, Thales Group, ThalesRaytheonSystems and The Boeing Company.
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Priyank Tiwari, RnRMarketResearch.com, http://www.rnrmarketresearch.com/, +1-888-391-5441, [email protected]
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