2021 Military Radars Market Size, Growth, Drivers, Trends And Forecast


Posted August 24, 2021 by ramacharitbrc

The major players covered in the global military radars market are Lockheed Martin, Raytheon Technologies, Thales Group, BAE Systems...@ @ https://bit.ly/2Wc3tTv
 
Military Radars Global Market Report 2021 by The Business Research Company is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact – both negative and positive – of COVID-19 on the military radars industry gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. This includes revised market numbers according to the effects of the coronavirus and the expected military radars market growth numbers 2021-2030.

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The Military Radars Global Market Report 2020-30 by The Business Research Company provides an in-depth analysis of the global military radars market and covers both the historic period, 2015 to 2020, and the forecast period, 2020 to 2030. The report evaluates the market and major economies across the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The Military Radars Global Market Report 2021 covers military radars market drivers, military radars market trends, military radars market growth rate, military radars market major players, player-adopted strategies in the market, and military radars market size.

The global military radars market is expected to grow from $48.84 billion in 2020 to $49.68 billion in 2021 at a compound annual growth rate (CAGR) of 1.7%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $57.91 billion in 2025 at a CAGR of 3.9%.

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The report covers the military radars market segments-
1) By Type: Land Radar, Naval Radar, Airborne Radar, Space-Based Radar
2) By Functionality: Surveillance And Airborne Early Warning Radar, Tracking And Fire Control Radar, Multi-Function Radar, Synthetic Aperture And Moving Target Indicator Radar, Ground Penetrating Radar
3) By Application: Weapon Guidance, Airspace Monitoring And Traffic Management, Ground Surveillance And Intruder Detection, Air And Missile Defense, Navigation, Airborne Mapping, Ground Force Protection And Counter-Battery, Mine-Detection And Underground Mapping

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Last Updated August 24, 2021