Global Air and Missile Defense Radar Market
ELECTRONICS.CA PUBLICATIONS announces the availability of a new report entitled “Air and Missile Defense Radar (AMDR) Market (by Land-Based Systems, Naval Systems and Airborne Systems) – Global Forecasts and Analysis to 2014 – 2020″. According to this report, the global air and missile defense radar market is estimated to be $7 billion in 2014 and expected to register a CAGR of 6.82% to reach 10.40 billion in 2020. The main purpose of the air and missile defense radar is to detect early-warning devices. They can spot approaching enemy’s’ airborne systems or missiles at great distances. In case of an attack, early detection of the enemy is critical for a successful defense against an attack. The typical AMDR systems can perform the tasks like surveillance, long range early warning, and ground controlled interceptions; integrated in different platforms in combat warfare.
The U.S. has been the biggest market for the air and missile defense radar system; in respect the recent economic scenario has seen a defense budget cuts in the U.S. market as well. Countries in the Asia-Pacific region like South Korea, Japan and Middle Eastern countries like UAE, Saudi Arabia, and Israel can drive the growth of the market. India and China’s market will be tough to penetrate because of their strict government regulations and indigenous programms. Russia with respect to AMDR market continues to be highly indigenous with all the manufacturing done by Russian companies.
Global market players like Russia, Israel, and U.S. contributes 70% towards the global air and missile defense radar market. Major eastern countries are in constant threat of nuclear and other conventional missile attacks, countries are geared up to increase their air and missile defense; hence, the current market trend is highly opportunistic. The air and missile defense market is highly driven by the latest technology,; Though the current systems are successfully tested by the market players, yet their real-time deployment in war zones is limited.
The overall effectiveness of the mission invariably depends upon AMDR systems and services. As modern warfare becomes more asymmetric in nature it thus increases the need for aerial protection from nuclear and other conventional weapon systems. The range of technologies available with respect to air AMDR systems is increasingly diverse and their rapid evolution is driving the demand for global AMDR systems.
This radar market research report categorizes the global market on the basis of air and missile defense radar sub-sector, platform, geography, and by country; forecasting revenues, market share, and analyzing trends in each of the sub-sectors.
On the Basis of Architecture Type:
This market is segmented on the basis of technology across the various architecture types like:
On the basis of Country
The following countries are covered in this report:
- All departments pertaining to AMDR
- Armed services
- Defense system manufacturers
- Defense software providers
- Sub-component manufacturers
Details of the new report, table of contents and ordering information can be found on Electronics.ca Publications’ web site. View the report: Air and Missile Defense Radar (AMDR) Market (by Land-Based Systems, Naval Systems and Airborne Systems) – Global Forecasts and Analysis to 2014 – 2020.
Research report SKU: MA-AS2242
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