The report, now available on ASDReports, recognizes the following companies as the key players in the Global X-Band Radar Market: Israel Aerospace Industries, Northrop Grumman, Raytheon, Reutech Radar Systems, and Saab.
Other Prominent Vendors in the market are: Furuno Electric, Kelvin Hughes, Selex ES, Prosensing, and Terma.
Commenting on the report, an analyst said: “Development of multi-function radar is the key trend in the market. Multi-function radar (MFR) is a three-face X-band active phased-array radar incorporated with volume search radar to form a dual-band radar suite. It is designed and developed to detect threats posed by low observable anti-ship cruise missiles (ASCM) and to support fire control requirements for standard missiles (SM-2/SM-3) and evolved sea sparrow missiles (ESSM).”
According to the report, growing demand in military market is one of the major drives in the market. In military applications, these satellites play an important role in countering threats and protecting against nuclear events, laser threats, and jamming attacks. In addition, the spectrum benefits the defense applications through flexible connectivity and military grade encryption on the telecommand system.
Further, the report states that the growing demand for X-band radar for commercial purposes and an increase in the number of manufacturers have made the spectrum congested resulting in inaccurate results. Therefore, government agencies are limiting the use of the spectrum by commercial users. Such rigid government regulations pose a significant impact on the growth of the X-band radar market.
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: May 10, 2016