Global X-Band Radar Markets to 2026: Expected to Reach $7.65 Billion - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Dec 7, 2018--The “X-Band Radar - Global Market Outlook (2017-2026)” report has been added to ResearchAndMarkets.com’s offering.
According to this report, the X-Band Radar market accounted for $4.76 billion in 2017 and is expected to reach $7.65 billion by 2026 growing at a CAGR of 5.4%.
Increasing security concerns, growing use of the X-band radar in defense and increase in use of radar systems for digital signal processing are factors favouring the market growth. However, high cost incurred in system development and strict government regulations are hampering the market growth.
Based on type, mobile X-band radar segment is expected to grow at a considerable market share due to wide range of applications and enhanced usage in air traffic control, early weather warning, perimeter surveillance and airborne surveillance. Mobile x-band radar is generally deployed in the coastal areas and in aircrafts whereas sea-based x-band radar is mounted on a floating tower attached in the sea.
By geography, Asia-Pacific is anticipated to exhibit highest growth owing to need to counter increasing terrorist activities and the various military equipment modernization programs are fueling the market growth in this region.
Key Topics Covered
1 Executive Summary
3 Market Trend Analysis
4 Porters Five Force Analysis
5 Global X-Band Radar Market, By Type
6 Global X-Band Radar Market, By System Component
7 Global X-Band Radar Market, By Array
8 Global X-Band Radar Market, By Application
9 Global X-Band Radar Market, By Geography
10 Key Developments
11 Company ProfilingThe Raytheon Company Japan Radio Company Limited Selex Es S.P.A Reutech Radar Systems (PTY) Ltd. Terma A/S Thales Raytheon Systems Company LLC Saab AB Northrop Grumman Corporation Israel Aerospace Industries Furuno Electric Company Ltd. Kelvin Hughes Limited Detect, Inc. Prosensing Inc.
For more information about this report visit https://www.researchandmarkets.com/research/f5jqcv/global_xband?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20181207005165/en/
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Related Topics:Radar Systems
KEYWORD: ASIA PACIFIC NORTH AMERICA MIDDLE EAST
INDUSTRY KEYWORD: DEFENSE OTHER DEFENSE
SOURCE: Research and Markets
Copyright Business Wire 2018.
PUB: 12/07/2018 07:04 AM/DISC: 12/07/2018 07:03 AM