Military Radar- A Growing Concern Over National Security

Radars are widely adopted by various sections of the military forces such as the army, the navy, and the air force. Military radars are used for locating ships and planes in case they are lost or during warfare and drill sessions. On the other hand, government bodies utilize radars to determine the possibility of natural calamities such as tsunamis and earthquakes, by helping to pinpoint the magnitude, the time, and the location of a calamity.

Military Radar Market Description: https://is.gd/Fj0hRq

Military radars were also used for locating the missing Malaysian Airline Flight 370 which disappeared on after leaving Kuala Lumpur in March 2014. The demand for military radars is also expected to rise due to their ability to detect missile launches and determine if an approaching air craft is a friendly one or not. According to a report published by Transparency Market Research, the global military radar market is expected to reach US$8.44 bn by 2019; it was valued at US$6.90 bn in 2013 and will expand at a 2.9% CAGR from 2012 to 2019.

Raytheon’s All-seeing Radar Offering 360 Degree Coverage

The leading military radar manufacturers are Raytheon, Northrop Grumman Corporation, Lockheed Martin Corporation, BAE Systems, Saab Sensis Corporation, Terma A/S, ASELSAN Inc., Boeing, DRS Technologies, and Harris Corporation. Raytheon, a leading defense contractor, has spent over 17 years in developing new radar technology that is far more efficient and can handle more power than gallium arsenide. The new system produces much less radio noise while creating a long-range radar beam. Gallium-nitride is used in the new technology as it has a significant advantage over the previous techniques, comprising two back to back arrays such that it gets a full 360-degree coverage. This makes it useful when missiles or drones swarm from all four directions simultaneously.

Gallium-nitride has the potential to go beyond the functionalities of an ordinary radar. It uses a beam of short-wavelength microwaves to heat the surface of the target’s skin and cause it to flee within a few seconds of exposure due to the pain it causes. This innovation of solid state technology is expected to lead to newer developments in the forthcoming years, thus boosting the global military radar market.

Infiltration Leads to High Adoption of Military Radars in Asia Pacific

In 2012, North America held the largest share in the global military radar market. Asia Pacific was the second largest market for military radars owing to a continual strengthening process implemented by the military forces of India, China, Japan, and South Korea. Moreover, some of the countries in Asia Pacific face grave issues such as infiltration, thus leading to a wider adoption of military radars for surveillance and other critical functions. Substantial purchases of military radars from emerging nations are aiding the growth of the global military radars market.

Over 40% of the global military radar market in 2012 was held by the U.S. and China collectively. These two superpowers are expected to maintain their dominance in the global military radars market in the coming years.

Military Radars and its important Technical Points at: http://bit.ly/1Ws8Sgx

An overall increase in security concerns is expected to boost the global military radar market. Rising investments in defense and the rising demand for having a technology that detects target locations or target recognition are expected to drive the military radar market. The demand for light weight radars will bring about new developments, further bolstering the global military radar market.

Military Radar Market to Rise at a CAGR of 2.90% till 2019 due to Increasing Terrorism Activities

Driven by continuous growing threats from both the internal and external sources, global market for military radar was valued at USD 6,900 million in 2012 and is expected to reach USD 8,440 million by 2019, growing at a CAGR of 2.9% during the forecast period from 2013 to 2019. Military radar is classified on the base of ground, naval, air borne and space.

Detailed Description of Military Radar Market is available at:

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Growing security concerns and the urge to become world super powers has supported the growth of the market. The adoption of radar across all defense forces such as the army, navy and air force has additionally supported the growth of the market. The growing demand for such systems can also be attributed to some of the natural calamities that the world has seen so far. In natural calamities, military radar systems help in determining the time and degree of an earthquake or tsunami and thus help in saving lives. It also plays an important role in determining the location of ships and planes during warfare or drill sessions. During unforeseen circumstances such as the disappearance of the Malaysian Airline, the radar plays an important role in determining the location of plane or the debris. The demand for military radar is also expected to increase as it helps in target location, detect missile launches and determine whether it’s a friendly air craft or not among others.

Geographically, North America held the largest share in the military radar market in 2012. North America sanctions the highest budget for its defense forces which helps boost the demand for radar in the defense forces. The U.S. has one of the most powerful military forces in the world. The countries in North America such as the U.S. and Canada have invested significantly in the radar technology.

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In 2012, North America is followed by Asia Pacific in terms of geographical market share. The growth in the region is attributed to the emerging nations such as China, India, South Korea and Japan among others who are constantly strengthening their military forces. Some of the countries in the Asia Pacific region face some serious issues on the infiltration front which is also contributing to the growth of the market. The market is also supported by the substantial purchases of military radar systems made by the emerging nations.

Due to intense rivalry military radar market is oligopolistic in nature where top 5 players constitute 54% of the market. Lockheed Martin Corporation, Northrop Grumman Corporation, Raytheon, BAE Systems, Boeing, Harris Corporation, Saab Sensis Corporation, Terma A/S, ASELSAN Inc., and DRS Technologies among others are some of the key players in the military radar market.

Brochure for the Market Report is available at:

http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=2411

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