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Author: Asif Anwar
Publication Date: Jan 31 2015
Pages: 34
 Report Type: Forecast and Outlook

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Defense

Military Radar Market Outlook



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Report Summary:

Strategy Analytics forecasts 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 represent 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 GaN (gallium nitride) becoming an established technology as it grows at a CAGR of 26.4%.
Table of Contents

  • 1 Executive Summary
  • 2 Introduction
    • 2.1 Contact the author of this report:
  • 3 Global Military Radar Expenditure
    • 3.1 Regional Radar Expenditure
  • 4 Military Radar Market Demand and System Outlook
    • 4.1 Radar Market by Domain
    • 4.2 Radar Market by Type
  • 5 Military Radar Market Segmentation
    • 5.1 Radar Market by Frequency
    • 5.2 Radar Market by Power
  • 6 Semiconductor Demand from Military Radar Systems
  • 7 Conclusions

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