HOME › Research Insight › Key Players in the Electronically Scanned Arrays Market Adopted Contracts as the Key Growth Strategy to Enhance Their Presence in the Market
Key Players in the Electronically Scanned Arrays Market Adopted Contracts as the Key Growth Strategy to Enhance Their Presence in the Market
Lockheed Martin Corporation (U.S.), Saab AB (Sweden), Northrop Grumman Corporation (U.S.), The Raytheon Company (U.S.), and Thales Group (France) are some of the major companies operating in the electronically scanned arrays market. These companies account for a major share of the electronically scanned arrays market, and have their manufacturing facilities across key regions, such as North America, Europe, Asia-Pacific, and the Middle East. Companies adopted various growth strategies, such as new product launches and agreements, among others to enhance their distribution network. Moreover, market players such as Lockheed Martin Corporation (U.S.) and Northrop Grumman Corporation (U.S.) have adopted the strategy of contracts to increase their market share and generate revenue in the electronically scanned arrays market.
Lockheed Martin Corporation (U.S.) is one of the key players in the electronically scanned arrays market. In October 2015, the Lockheed Martin Corporation received a contract from the Ministry of Defense of the Republic of Latvia to develop and deliver three TPS-77 Multi-Role Radars (MRR) for use in air surveillance, as well as to complement the existing radar assets. The TPS-77 MRR specializes in ultra-low power consumption. It is an efficient, portable type TPS-77 radar range.
In November 2015, Lockheed Martin Corporation introduced the next-generation radar technology, the Digital Array Row Transceiver (DART). The newly developed technology uses Gallium Nitride (GaN), which makes it more power-efficient and has low life-cycle costs. It is equipped with TPS-77 multi role radar system and legacy products (TPS-77, TPS-59, and FPS-117). This development strategy has helped the company enhance its product portfolio and expand its presence in the electronically scanned arrays market.
In October 2015, the Northrop Grumman Corporation received a contract worth USD 58 Million from the U.S. Marine Corps to develop a Ground Weapon Locating Radar (GWLR) system for the AN/TPS-80 Ground/Air Task-Oriented Radars (G/ATOR). This GWLR enables G/ATOR to detect and track incoming threats, such as rockets, mortars, and artillery rounds. This development strategy has helped the company enhance its profit margins and reinforce its position in the electronically scanned arrays market.
Electronically Scanned Arrays Market by Type (Active and Passive), Platform (Airborne, Land, and Naval), Range (Short, Medium, and Long), Array Geometry (Linear, Planar, and Frequency Scanning), Component, and Region - Global Forecast to 2021
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