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According to Technavio’s air and missile defense radar market research analysis, the market is expecetd to grow steadily at a CAGR of almost 7% by 2020. The growing preference for advanced battlefield surveillance radar (BFSR) will be the key factor impelling the prospects for growth according to the air and missile defense radar market analysis. The BFSR is a lightweight short-range radar system developed by the Defense Research and Development Organization (DRDO) to provide all-weather surveillance against incoming threats. Since this radar system is equipped with built-in software algorithms to detect, track, and classify targets like crawling men, marching soldiers, light and combat vehicles, and low-flying helicopters, its demand among the end users will increase significantly over the next four years.
As per the air and missile defense radar market forecast, a significant trend driving growth in this market is the advent of advanced airborne radar. Airborne radars are extensively used to support naval combat operations, which include tracking both land and maritime moving targets. Benefits like the ability of airborne radars to enhance accuracy, bolster detection, and aid in wide-area surveillance, will lead to its augmented adoption during the forecast period. Furthermore, with the incorporation of a double-sided AESA technology to render synthetic aperture radar (SAR) and moving target indication (MTI) modes, the advanced airborne radars will be able to detect vessels over a long distance.
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Global aerospace and defense supply chain system
PART 07: Global aerospace and defense value chain system
PART 08: Market segmentation by platform
PART 09: Geographical segmentation
PART 10: Market drivers
PART 11: Impact of drivers
PART 12: Market challenges
PART 13: Impact of drivers and challenges
PART 14: Market trends
PART 15: Vendor landscape
PART 16: Appendix
PART 17: Explore Technavio
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