The Global Military Radars Market Report by The Business Research Company covers military radars market drivers and restraints, military radars market size, major players, and the impact of COVID-19 on the military radars market.

The military radars market consists of sales of military radars by entities (organizations, sole traders and partnerships) that manufacture military radars. A military radar is a detection system used to detect presence, direction, distance, and speed of the air, ground and sea targets. Only goods and services traded between entities or sold to end consumers are included.

The military radars market covered in this report is segmented by type into land radar, naval radar, airborne radar, space-based radar, by functionality into surveillance and airborne early warning radar, tracking and fire control radar, multi-function radar, synthetic aperture and moving target indicator radar, ground penetrating radar, by application into weapon guidance, airspace monitoring and traffic management, ground surveillance and intruder detection, air and missile defense, navigation, airborne mapping, ground force protection and counter-battery, mine-detection and underground mapping.

The global military radars market is expected to grow from $48.84 billion in 2020 to $49.68 billion in 2021 at a compound annual growth rate (CAGR) of 1.7%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $57.91 billion in 2025 at a CAGR of 3.9%.

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Some military radars market trends include MIMO (multiple inputs, multiple outputs) system increasingly being used. MIMO radar system is used for simultaneous transmission and reception by multiple antennas or channels. They are also used to gain a low probability of intercept radar properties.

Global military radars market segments include:

1) By Type: Land Radar, Naval Radar, Airborne Radar, Space-Based Radar.

2) By Functionality:  Surveillance And Airborne Early Warning Radar, Tracking And Fire Control Radar, Multi-Function Radar, Synthetic Aperture And Moving Target Indicator Radar, Ground Penetrating Radar.

3) By Application: Weapon Guidance, Airspace Monitoring And Traffic Management, Ground Surveillance And Intruder Detection, Air And Missile Defense, Navigation, Airborne Mapping, Ground Force Protection And Counter-Battery, Mine-Detection And Underground Mapping.

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

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The Military Radars Global Market Report 2021: COVID 19 Impact and Recovery to 2030 is one of a series of new reports from The Business Research Company that provides military radars market overviews, analyzes and forecasts market size, share, military radars market players, military radars market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.

The military radars market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Where To Learn More:

Read Military Radars Global Market Report 2021: COVID 19 Impact and Recovery to 2030 from The Business Research Company for information on the following:

Data Segmentations: Market Size, Global, By Region And By Country, Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries.

Market Players Covered: Lockheed Martin, Raytheon Technologies, Thales Group, BAE Systems, Isreal Aerospace Industries, Leonardo, SAAB, ASELSAN, HENSOLDT, Airbus, General Dynamics, Northrop Grumman, Finmeccanica, Honeywell International, Harris corporation, L3Harris Technologies, TERMA.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)

Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.

Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.

Strategies For Participants In The Military Radars Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.

Opportunities For Companies In The Military Radars Sector: The report reveals where the global industry will put on most $ sales up to 2023.

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