LONDON, May 30, 2016 /PRNewswire/ -- 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.
Break-up of profile of primary participants for the AMDR
report:
- By Company Type - Tier 1 – 35 %, Tier 2 – 45% and Tier 3 –
20%
- By Designation – C level – 35%, Director level – 25%, Others –
40%
- By Region – North America - 45%,
Europe – 20%, APAC – 30%, RoW –
5%
In this report, the AMDR market is segmented into short, medium and
long range strategic system. Radars are classified based on
frequency band, which is used for transmission of signal. X-band
and S- band radars are widely used for airborne based platform and
ground based platform.
Reasons to buy the report:
From an insight perspective, this research report has focused on
various levels of analysis — industry analysis, market share
analysis of top players, supply chain analysis, and company
profiles, which together comprise and discuss the basic views on
the competitive landscape, , high-growth regions and countries and
their respective regulatory policies, market drivers, restraints,
opportunities.
The report provides insights on the following pointers:
- Market Penetration: Comprehensive information on AMDR equipment
offered by the top 10 players in the global AMDR market
- Product Development/Innovation: Detailed insights on upcoming
technologies, research & development activities, and new
product launches in the market
- Market Diversification: Exhaustive information about new
products, untapped geographies, recent developments, and
investments in the market
- Competitive Assessment: In-depth assessment of market shares,
strategies, products, and manufacturing capabilities of the leading
market players
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