The report, now available on ASDReports, recognizes the following companies as the key players in the Global Radar Systems and Technology Market: Lockheed Martin, Northrop Grumman, Raytheon, Reutech Radar Systems, and Rockwell Collins.
Other Prominent Vendors in the market are: SAAB, Thales, Honeywell International, Finmeccanica, and BAE Systems.
Commenting on the report, an analyst said: “Growing demand for stealth aircraft has perceived new technology and material in the radar market. One such development is the radar absorbing materials and structures, which tune themselves and assimilate different frequencies. They are also designed to absorb radio waves and minimize the level of detection. These are developed by using high magnetic materials ranging up to 1 GHz to 40 GHz.”
According to the report, use of unmanned aerial vehicle is one of the major drivers in the market. Unmanned aerial vehicles (UAVs) are primarily employed for peacekeeping operations (governed by civilian personnel and military and law enforcement agencies). They are also used for surveillance and help the troops by gathering enemy information. Defense forces are attaining new capabilities with the assistance of UAVs in the market to safeguard frontiers and combat complex operations.
Further, the report states that passive radars also require high computing energy and complex signal processing software, which have raised concerns. Although it is expected to be economical than traditional radars; however they are likely to be more time consuming regarding installation and complexity. Such disadvantages would pose a problem with military troops’ frequent mobility and conditions in future war field scenario.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Source: ASDReports - Market Research
Date: Mar 14, 2016