Global Air and Missile Defense Radar System Market 2016-2020
About Air and Missile Defense Radar System
AMDRs are devices that facilitate early detection of approaching aircraft or missiles so that necessary countermeasures can be taken. Air defense radars have a range of over 300 miles, and can detect missiles, locate their position, and determine their speed. The actual life cycle of an AMDR system is approximately 20 years. However, with midlife advancements in its software and hardware systems, the radar can become more reliable and efficient throughout its service life. Growing terrorist threats and encroachment activities have resulted in increasing investments by governments and defense authorities to develop or procure AMDR systems.
Technavio’s analysts forecast the global AMDR system market to grow at a CAGR of 6.81% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global AMDR system market for 2016-2020. It provides a comprehensive overview of the market along with market segmentation by platforms (airborne, land-based, and naval) and growth prospects by region
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Air and Missile Defense Radar System Market 2016-2020
Technavio recognizes the following companies as the key players in the Global Air and Missile Defense Radar System Market: General Dynamics Corp., Lockheed Martin Corp., Northrop Grumman Corp., Raytheon Co., and Reutech Radar Systems.
Other Prominent Vendors in the market are: BAE Systems, Finmeccanica, Israel Aerospace Industries, Saab, and Thales Group.
Commenting on the report, an analyst from Technavio’s team said: “The introduction of new AMDR programs, with features like long-range detection of missile threats, is globally trending in the market. They are also equipped with services like laser light, real-time monitoring, and GPS, which aid in efficient detection and identification of missile launchers. Advanced airborne radars characterize long-range and high-resolution surveillance capabilities. They are more capable and accurate than the LSRS and equipped with features like NetTrack. In addition, heightened commercial off-the-shelf (COTS) procurement for its reduced cost, increased reliability, and improved quality is another trend in the market.”
According to the report, advanced battlefield surveillance radars (BFSR) offer enhanced missile detection and tracking capabilities. Unlike conventional radars, they can track multiple targets. In addition, they can also differentiate between targets such as light and combat vehicles, low-flying helicopters, crawling men, and marching soldiers. Sea-based X-band radar-1 (SBX-1) is also being widely adopted owing to its exceptional stability in high winds and storms and tracking ballistic missiles.
Further, the report states that budget cuts and sequestration in the US have severely affected the ongoing AMDR programs. They also had an adverse impact on the production and procurement of spare parts and accessories for AMDR systems. Major airborne, land-based, and naval programs were put on hold or canceled.
General Dynamics Corp., Lockheed Martin Corp., Northrop Grumman Corp., Raytheon Co., Reutech Radar Systems, BAE Systems, Finmeccanica, Israel Aerospace Industries, Saab, Thales Group.
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