Wednesday, March 30th, 2016 - WiseGuyReports

WiseGuyReports.com adds“Air and Missile Defense Radar System Industry 2016 Global Market Research Report & Forecast to 2020”reports to its database. We can offer you discount on this report.

This industry research report presents a detailed segmentation of the global air and missile defense radar (AMDR) system market by platform (airborne, land-based, and naval) and by geography (the Americas, APAC, and EMEA). The key leading vendors in this market are General Dynamics, Lockheed Martin, Northrop Grumman, Raytheon, and Reutech Radar Systems.

Outlook of the global air and missile defense radar (AMDR) system market 
Technavio’s market research analysts have estimated the air and missile defense radar system market to grow steadily at a CAGR of almost 7% by 2020. The growing preference for advanced battlefield surveillance radar (BFSR) will be the key factor impelling the prospects for growth in this market. The BFSR is a lightweight short-range radar system developed by the Defense Research and Development Organization (DRDO) to provide all-weather surveillance against incoming threats. Since this radar system is equipped with built-in software algorithms to detect, track, and classify targets like crawling men, marching soldiers, light and combat vehicles, and low-flying helicopters, its demand among the end users will increase significantly over the next four years.

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A significant trend driving growth in this market is the advent of advanced airborne radar. Airborne radars are extensively used to support naval combat operations, which include tracking both land and maritime moving targets. Benefits like the ability of airborne radars to enhance accuracy, bolster detection, and aid in wide-area surveillance, will lead to its augmented adoption during the forecast period. Furthermore, with the incorporation of a double-sided AESA technology to render synthetic aperture radar (SAR) and moving target indication (MTI) modes, the advanced airborne radars will be able to detect vessels over a long distance.

Platform-based segmentation and analysis of the AMDR system market 
- Airborne 
- Land-based 
- Naval 
The naval AMDR system segment will be the largest market segment during the forecast period and will account for an impressive market share of more than 47% by 2020. Increasing investments in the development and procurement of these systems by countries like the US, Russia, Israel, South Korea, and Japan will lead to the growth of this market segment. Furthermore, with the increasing demand for naval AMDR systems from the US Department of Defense (DOD) and the Russian Ministry of Defense (MoD), the US Navy was compelled to initiate a joint commission to increase the ballistic missile defense radar systems in the future naval fleets.

Geographical segmentation and analysis of the AMDR system market 
- Americas 
- APAC 
- EMEA 
In this market analysis, Technavio’s market research analysts have estimated the Americas to be the largest market for AMDR systems during the forecast period. During 2015, the US House of Representatives passed a defense budget of USD 585 billion, through the National Defense Authorization Act (NDAA), which is likely to account for 54% of the total federal discretionary spending. This recent increase in the total federal discretionary spending will aid in the steady growth of this market in the Americas.

Competitive landscape and key vendors 
The global AMDR systems market is highly competitive as most of the vendors compete on the basis of cost, product quality, reliability, and aftermarket service. To survive and succeed in this intensely competitive market, it becomes crucial for vendors to provide cost-effective and high-quality AMDR with latest technology and materials to the end users.

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Key vendors in this market are -

General Dynamics 
Lockheed Martin 
Northrop Grumman 
Raytheon 
Reutech Radar Systems 
Other prominent vendors analyzed in this market research are BAE Systems, Finmeccanica, Israel Aerospace Industries, Saab, and Thales Group.

Key questions answered in the report include 
- What will the market size and the growth rate be in 2020? 
- What are the key factors driving the global AMDR system market? 
- What are the key market trends impacting the growth of the global AMDR system market? 
- What are the challenges to market growth? 
- Who are the key vendors in the AMDR system market? 
- What are the market opportunities and threats faced by the vendors in the AMDR system market? 
- Trending factors influencing the market shares of the Americas, APAC, and EMEA. 
- What are the key outcomes of the five forces analysis of the global AMDR system market?

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Keywords

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