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Global Radar Systems and Technology Market 2017-2021 - Key Vendors are BAE Systems, Lockheed Martin, Northrop Grumman, Raytheon & Thales Group - Research and Markets

[June 23, 2017]

Global Radar Systems and Technology Market 2017-2021 - Key Vendors are BAE Systems, Lockheed Martin, Northrop Grumman, Raytheon & Thales Group - Research and Markets

Research and Markets has announced the addition of the "Global Radar Systems and Technology Market 2017-2021" report to their offering.

The global radar systems and technology market to grow at a CAGR of 4.05% during the period 2017-2021.

The report covers the present scenario and the growth prospects of the global radar systems and technology market for 2017-2021. To calculate the market size, the report considers the include/exclude new installations/shipments/sales/volume/value and retrofit/replacement/spares/aftermarket/services market. The report also includes a discussion operating in this market.

Radars form a vital component of the overall C4ISR architecture. They are used to detect distant objects and track targets through the transmission of radio waves in the direction of the target. These waves get reflected and are analyzed by the receiver to determine the properties of the object. The information includes the range and position of the object. In general, they assist in determining the target range, angles, sze, speed, and features.

They can be used to detect aircraft, ships, missiles, military land vehicles, or any such desired target. Military radars are primarily used for security and surveillance applications (airborne, maritime, and land-based applications) to monitor a wide range of targets.

The latest trend gaining momentum in the market is advent of advanced airborne radar. In the late 1990s, Raytheon (News - Alert) developed the APS-149 littoral surveillance radar system (LSRS), an advanced version of the older APY-7 radar, for the P-3C aircraft. It was extensively used to support naval combat operations, including tracking both land and maritime moving targets. However, the complex littoral environment and maintenance of a large record of tracks posed new challenges for defense authorities.

Key vendors: