Global radar security market expected to reach approximately USD 27.5 billion by 2025, at a CAGR of above 5.5% between 2019 and 2025. Radars are detection devices that work on radio waves to decide the angle, range, or speed of an object. They can detect ships, plane, guided missiles, and spacecraft, and automobile, terrain and weather formations, etc.
Radar Security Market
The report analyzes and forecasts the radar security market on a global and regional level. The study offers past data from 2016 to 2018 along with a forecast from 2019 to 2025 based on revenue (USD Billion). The assessment of radar security market dynamics gives a brief insight into the drivers and restraints of the radar security market along with the impact they have on the demand over the years to come. Additionally, the report also includes the study of opportunities available in the radar security market on a global level.
The report gives a transparent view of the radar security market. We have included a detailed competitive scenario and portfolio of the leading market vendors. To understand the competitive landscape in the radar security market, an analysis of Porter’s Five Forces model for the market has also been included. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.
The study provides a crucial view of the radar security market based on type, range, application, and region. All the segments of radar security market have been analyzed based on present and future trends and the market is estimated from 2019 to 2025. The regional segment comprises the current and forecast demand for the Middle East and Africa, North America, Asia Pacific, Latin America, and Europe.
Some prominent players in the global radar security market players are SAAB, Rockwell Collins, Northrop Grumman, Boeing, Thales Group Raytheon, Israel Aerospace Industries, BAE Systems, Airbus Group, Kelvin Hughes, Cobham, ATC Global, Exelis, Scanter, Honeywell International, Lockheed Martin, and Leonardo.
This report segments the global radar security market into:
Global Radar Security Market: Type Analysis
Global Radar Security Market Range Analysis
Global Radar Security Market: Application Analysis
Global Radar Security Market: Regional Analysis