New Market Research Report: Global Radar Systems and Technology Market 2016-2020

Recently published research from TechNavio, "Global Radar Systems and Technology Market 2016-2020", is now available at Fast Market Research

[ClickPress, Thu Apr 21 2016] Since World War II, the defense forces are using different radar systems and technologies to detect and track insights and information. Radars determine range, angle, and velocity of an object. They are also used to map and locate weather conditions for the army, air force, and naval operations.
Receivers and transmitters are vital components of a radar system since radio waves and signals are used to locate the requisites. Spacecraft, aircraft, ships, and vehicles are some of the principal employers of radar technology.
In the modern battlefield, drones are being increasingly recognized as a valuable tool. They have not only helped in reducing mortality ratio in defense troops but also the operational costs required for intelligence, surveillance, and reconnaissance (ISR) missions. Such drones are equipped with payloads including radars for gathering critical information, which in turn, is contributing immensely to the market. Also, the introduction of 3D radar has reduced human efforts by measuring elevation, weather condition, and providing surveillance capabilities through a single machine. Cost-effective systems have been a concern for the military market, which has hindered the growth of passive radar. It reduces the operational cost by using electromagnetic signals from third party or commercial frequencies.

Full Report Details at

Technavio's analysts forecast the global radar systems and technology market to grow at a CAGR of 3.43% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global radar systems and technology market for 2016-2020. It provides a global overview, market shares and segmentation by application, and growth prospects by region. It also presents the market landscape and a corresponding analysis of the prominent vendors in the market.

The market is divided into the following segments based on geography:

* Americas

Technavio's report, Global Radar Systems and Technology Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

* Lockheed Martin
* Northrop Grumman
* Raytheon
* Reutech Radar Systems
* Rockwell Collins

Other prominent vendors

* Thales
* Honeywell International
* Finmeccanica
* BAE Systems

Market driver

* Use of unmanned aerial vehicle
* For a full, detailed list, view our report

Market challenge

* Issues with passive radar
* For a full, detailed list, view our report

Market trend

* Implementation of radar absorbing materials

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