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The Global Military Radar Market 2012-2022 - Market Size and Drivers: Market Profile Product Image

The Global Military Radar Market 2012-2022 - Market Size and Drivers: Market Profile

  • Published: August 2012
  • 34 pages
  • iCD Research

Synopsis
This report provides readers with a comprehensive analysis of the Military Radar market through 2011–2021, including highlights of the demand drivers and growth stimulators for Military Radar. It also provides an insight on the spending pattern and modernization pattern in different regions around the world.

Summary
The global Military Radar market is estimated to be valued at US$6.7 billion in 2012. This value is expected to increase at a CAGR of 2.57% during the forecast period, to reach US$8.6 billion by 2022, and is expected to show consistent growth during the forecast period, reaching its peak in 2022.

Reasons To Buy
"The Global Military Radar Market 2012–2022 - Market Size and Drivers" allows you to:

- Gain insight into the Military Radar market with current and forecast market values.
- Understand the key drivers and attractiveness parameters of the global Military Radar market.
- Understand the various factors impacting the growth of the Military Radar market.

1 Introduction
1.1 What is this Report About?
1.2 Definitions
1.3 Summary Methodology
1.4 About Strategic Defence Intelligence
2 Global Military Radar Market Size and Drivers
2.1 Military Radar Market Size and Forecast 2012–2022
2.1.1 Global military radar market to show positive growth during the forecast period
2.2 Global Military Radar Market – Regional Analysis
2.2.1 North America dominates the global military radar market
2.2.2 Demand for ground-based and naval radars in the US to support the global military radar market
2.2.3 Demand for military radars in Europe expected to increase despite the defense budget cuts
2.2.4 Military radars market expected to grow at a CAGR of 4.38% in the Asia-Pacific region
2.2.5 Markets in the Middle East to witness robust spending on military radars
2.2.6 Brazil expected to be the highest spender in the military radar sector in the Latin American region
2.2.7 Markets in Africa expected to increase over the forecast period
2.3 Military Radar Sub–Sector Market Size Composition
2.3.1 Airborne radar to record strong CAGR growth
2.3.1 Market size of airborne radar expected to grow at a CAGR of 2.57% during the forecast period
2.3.1 Market size of Ground-based radars expected to rise at a CAGR of 1.52% during forecast period
2.3.1 Market for Naval radars expected to increase and reach US$2.08 billion by 2022
2.3.1 Market for Space-Based radars expected to grow at a CAGR of 9.40% during the forecast period
2.4 Demand Drivers and Growth Stimulators
2.4.1 Development of active electronically scanned array (AESA) technology
2.4.2 Increasing use of radars on unmanned aerial vehicles (UAVs)
2.4.3 Modernization of air defense networks
2.5 Defense Budget Spending Review
2.5.1 European capital expenditure expected to increase during the forecast period
2.5.2 Asian defense budgets expected to increase at a robust pace
2.5.3 North American defense expenditure projected to decline marginally during the forecast period
2.5.4 Modernization programs likely to drive defense expenditure in South American countries
2.5.5 Military budgets of African countries expected to increase during the forecast period
2.5.6 Defense budgets of Middle Eastern countries likely to increase during the forecast period
2.6 Defense Modernization Review
2.6.1 Financial constraints causing delays in European defense modernization programs
2.6.2 Defense budgets of Asian countries likely to be driven by competitive arms acquisitions
2.6.3 Global economic slowdown leading to defense budget cuts in the North American region
2.6.4 Need to replace aging equipment driving South American defense expenditure
2.6.5 Security threats increasing the defense budget of African countries
2.6.6 Demand for air defense systems is likely to increase in the Middle East
3 Appendix
3.1 Methodology
3.2 Contact us
3.3 About ICD Research
3.4 Disclaimer

Format Properties
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