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Radar systems are used to detect distant objects and track targets. Radars transmit radio waves in the direction of the target, which bounce off the object and reflect back to a receiver, which are then analyzed by the receiver. Military radars are used mainly for security and surveillance applications (airborne, maritime, and land-based) to monitor a wide range of targets such as aircraft, missiles, UAVs, naval vessels, and military vehicles.
Technavio's analysts forecast the global military radar systems market to grow at a CAGR of 4.05% over the period 2014-2019.
In this report, Technavio covers the present scenario and growth prospects of the global military radar systems market for 2015-2019. The report provides a global overview of the market and growth prospects by region (the Americas, APAC, and EMEA). It also presents the market landscape and a corresponding analysis of the prominent vendors in the market. In addition, it discusses the major drivers influencing market growth, outlines the challenges faced by vendors and the market as a whole, as well as the key trends emerging in the market.
Technavio's report, Global Military Radar Systems Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, APAC, and EMEA; and their growth prospects in the coming years. The report includes a discussion on the key vendors operating in this market.
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