Security and Surveillance Radar Market

Higher Impact of Security and Surveillance Radar Systems in Market

The global security and surveillance radar market is estimated to stand at a value of $6.08 billion in 2014 and is expected to grow at a CAGR of 5.97% to reach $8.61 billion by the year 2020. The growth regions will be North America, the Middle East, and the Asia-Pacific region. Countries like Canada, Russia, Israel, and Japan will show consistent level of growth in the market.

The U.S. and Western European countries will cut down their spending in the security and surveillance radar market.

Security and surveillance radar systems will have a higher impact in the market. Military surveillance radars are evolving rapidly and will continue to do so in the forecasted period. Security and surveillance radar systems in all applications will play a major role in combat warfare.

There is a slight decline in the security and surveillance radar market. This decline is not due to the defense budget cuts in European countries and the U.S., but because of a rather significant growth in other regions like Asia-Pacific and the Middle East.

Airborne radar systems will have the highest CAGR across all platforms and will account for 35% of the total security and surveillance radar market in the forecasted period.

Related Reports:

Security and Surveillance Radar Market (Land Systems, Airborne Systems, and Naval Systems) - Global Forecasts and Analysis to 2014 - 2020
https://www.marketsandmarkets.com/Market-Reports/security-surveillance-radar-market-35330984.html

Contact:
Mr. Rohan
North - Dominion Plaza,
17304 Preston Road,
Suite 800, Dallas, TX 75252
Tel: +1-888-6006-441
Email: sales@marketsandmarkets.com

Report Code
AS 2243
RI Published ON
2/27/2014
Choose License Type
BUY NOW
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the Security and Surveillance Radar Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
REQUEST A FREE WORKSHOP
ADJACENT MARKETS
REQUEST BUNDLE REPORTS
ONLINE CHAT
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
© MarketsandMarkets Research Private Ltd. All rights reserved