Radars and weapons industry includes establishments that manufacture radars and weapons for civilian and military purpose.Radars operates in the ultra-high-frequency (UHF) or microwave part of the radio-frequency (RF) spectrum, and these radio waves used to determine the range, angle, or velocity of objects such as aircraft, spacecraft, guided missiles, ships, motor vehicles, weather formations, and terrain.
The types of weapons manufactured by companies in this market are small arms and ammunitions, bombs, rockets and rocket launcher, torpedoes and other military knives.
North America was the largest region in the radars and weapons manufacturing market in 2017, accounting for 49.8% share in the market. North America, led by US, dominates the global radars and weapons manufacturing market in terms of expenditure and technological advances. Asia-Pacific was the second largest region, accounting for 25.8% share in the market. The geopolitical instability & the growing territorial and maritime conflicts in Asia-Pacific region is driving the demand for military radars and weapons in the countries, such as China, India, Australia, and Japan, to enhance their inventory of arms and weapons. South America was the smallest region accounting for 0.7% share in the market.
Rising Use Of Passive Radars Use of passive radars are gaining traction in the market due to its advantages across wide range of defense and civil applications and cost effectiveness .Passive radars use the existing electromagnetic signals from the atmosphere to support imaging and tracking capabilities, whereas the regular/active radar sends out electromagnetic signals to the target and receives reflected signals from the target.
Passive radars use ambient radio signals for tracking and surveillance and are less expensive to operate. Some of the examples of passive radar systems are Silent Sentry by Lockheed Martin, Celldar by Roke Manor Research Limited, and Homeland Alerter 100 by Thales Group.
The Radars And Weapons Manufacturing Global Market Briefing 2018 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the global radars and weapons manufacturing market.
Reasons to Purchase • Fully updated for 2018. • Identify growth segments and opportunities. • Facilitate decision making on the basis of historic and forecast data and understand the drivers and restraints on the market. • Develop strategies based on likely future developments. • Gain a global perspective on the development of the market.
Description The Radars And Weapons Manufacturing Global Market Briefing 2018 from The Business Research Company covers market characteristics, size and growth, segmentation, regional breakdowns, competitive landscape, market shares, trends and strategies for this market.
The market characteristics section of the report defines and explains the market.
The market size section gives the radars and weapons manufacturing market revenues, covering both the historic growth of the market and forecasting the future.
Drivers and restraints looks at the external factors supporting and controlling the growth of the market.
Market segmentations break down the key sub sectors which make up the market. The regional breakdowns section gives the size of the market geographically.
Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in the last three years are identified.
The trends and strategies section highlights the likely future developments in the radars and weapons manufacturing market and suggests approaches.
Scope Markets Covered: Weapons; Radars Companies Mentioned: Lockheed Martin Corporation; BAE Systems PLC; Raytheon Company; Northrop Grumman Corporation; Boeing; General Dynamics Corp.; Airbus Group; Leonardo S.p.A.; Thales Group; L3 Technologies Inc. Geographic scope: Asia Pacific, North America, Western Europe, Eastern Europe, South America, Middle East and Africa. Time series: Five years historic and forecast. Data: Market value in $ billions Data segmentations: Regional breakdowns, market share of competitors, key sub segments. Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
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