$12.5 Billion Air and Missile Defense Radar (AMDR) Market 2016 - Global Forecast to 2021 - Research and Markets
May 30 2016 - 6:25AM
Business Wire
Research and Markets has announced the addition of the "Air and
Missile Defense Radar (AMDR) Market by Range, Application, Platform
& by Region - Global Forecast to 2021" report to their
offering.
The AMDR market is estimated to be valued at USD 8.79 billion in
2016 and is projected to reach USD 12.52 billion by 2021, at a CAGR
of 7.34% from 2016 to 2021
With increased demand for defense surveillance over porous and
attack-prone borders, greater spending on defense sector by
developing countries, and rise in terrorism and ongoing
inter-country conflicts, the market for AMDRs is expanding
subsequently. Rapidly increasing deployment of ballistic and
stealth missiles in active warzones around the world, such as the
Middle-Eastern countries, have also pushed the demand for AMDRs
significantly.
Naval-based radars are expected to grow the fastest in the AMDR
market
Naval-based AMDRs have the fastest growing market among other
types of AMDR systems in North America, followed by naval radars.
For example, Raytheon has been most active in the production of
naval-specific radars, such as AMDR and Radar Suite Controller
(RSC), designed for engagement of threats and long-range detection.
The company enjoys high segmental revenue and geographic spread.
Lockheed Martin has a decent geographic spread. It is followed by
BAE Systems and SAAB.
North American region holds a dominant market share in the
global AMDR market
The AMDR market, by region, is dominated by the North America
nations, which includes the U.S., and Canada. High defense
expenditure by the U.S. is the major driver behind the high market
share. AMDR is majorly being used for ground-based and naval-based
purposes. AMDR are used as they are specialized radars with very
less cross-section area. The U.S. government is investing heavily
in the missile defense program. As an important component of the
missile defense system, it is attracting huge investments in AMDR.
There are several manufacturers of AMDR in the U.S., that produce
majority of airborne, naval and ground-based AMDRs for the U.S.
military. These manufacturers have dominated the AMDR markets for
years.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 AMDR Market, By Platform
8 AMDR Market, By Range
9 AMDR Market, By Application
10 AMDR Market, By Region
11 Competitive Landscape
12 Company Profiles
- Airbus Group
- Almaz-Antey
- BAE Systems
- Finmeccanica SPA
- General Dynamics
- Israel Aerospace Industries Ltd.
- Lockheed Martin Corporation
- Northrop Grumman Corporation
- Raytheon Company
- Reutech Radar Systems
- SAAB Group
- Thales Group
For more information visit
http://www.researchandmarkets.com/research/rtf76l/air_and_missile
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version on businesswire.com: http://www.businesswire.com/news/home/20160530005143/en/
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U.S.): +353-1-481-1716Sector: Missiles and Missiles Technology ,
Radar Systems