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Author: Asif Anwar
Publication Date: Aug 25 2015
Pages: 29
 Report Type: Presentation, PowerPoint

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Defense

Military Radar Market Outlook Presentation



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Report Summary:

This presentation was made at the 13th annual Defence IQ Military Radar conference (August 25-27, 2015) and summarizes findings from Strategy Analytics' Military Radar Market Outlook forecast report. The global radar market will grow to over $18.5 billion in 2023, representing a CAGR of 3.6%. North America will continue to represent the largest regional end market, but the fastest growth will be exhibited by demand from the Asia-Pacific region. Airborne radar will be the largest market both in dollar terms as well as in terms of total shipments. The total number of radar shipments is forecast to grow at a CAGR of 4.1% through 2023 to reach 1393 units. Fire control radar shipments will continue to dominate the traditional mix, and in dollar terms, will account for around 76% of the global market along with early warning and surveillance radars. The associated market for semiconductors and other components will grow from $1.2 billion to reach $2.1 billion with gallium nitride becoming an established technology as it grows at a CAGR of 26.4%.
Table of Contents

Introduction to Strategy Analytics
Defense Market Coverage and Methodology
Military Radar Market Outlook
Global Military Radar Expenditure
Military Radar Market by Domain
Military Radar Market by System Type
Military Radar Enabling Technology Trends and Outlook
Conclusions

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