SOURCE: MarketResearch.com

MarketResearch.com

November 29, 2010 11:13 ET

Market for Military Radar Systems Will Reach $9.2 Billion in 2010

ROCKVILLE, MD--(Marketwire - November 29, 2010) - MarketResearch.com has announced the addition of Visiongain's new report "The Military Radar Systems Market 2010-2020" to their collection of Radar market reports. For more information, visit http://www.marketresearch.com/product/display.asp?ProductID=2845799.

Visiongain calculates that in 2010 the global market for military radar systems will amount to $9,248m.

Military radar systems are integral to the effective functioning of armed forces. The ability to gather intelligence, identify threats and locate objects is crucial on the battlefield. Moreover, the interests of national security demand an ability to monitor airspace, exclusive economic zones and coastal regions.

Radar systems are essential for any modern armed force. The ability to detect threats, identify targets and gather intelligence is imperative for the effective functioning of armed forces, whether on the battlefield or on the home front. It is therefore unsurprising that Visiongain considers, even in a time of austerity and budget cuts, that the acquisition and maintenance of radar capabilities will remain an integral part of defense planning and procurement. It is clear, however, that the different platforms on which radars are equipped -- naval vessels, aircraft, ground bases and satellites -- have varying demands and requirements regarding sensing capabilities.

The range of technologies and measures available to governments that concern military radar systems is increasingly diverse and complex in nature. Capabilities such as active electronically scanned array radars, phased array radars, weapons-locating radars, missile defense systems and imaging satellites are among the systems that many states are seeking to acquire. Moreover, considerable scope exists for the development of standardized and modularized systems.

Visiongain reviews the military radar systems market and provides global market forecasts for the four major military radar systems submarkets -

  • Naval Military Radar Systems
  • Airborne Military Radar Systems
  • Ground-Based Military Radar Systems
  • Space-Based Military Radar Systems

For more information, visit http://www.marketresearch.com/product/display.asp?ProductID=2845799

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