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Technavio’s market research analysts have predicted the global naval radar systems market to grow moderately at a CAGR of more than 6% over the forecast period. The increasing demand for automated systems is a critical factor driving the growth of this market over the forecast period. The shipping industry handles a significant part of international trade through approximately 1000 seaports around the world. But in the recent times a rise in marine trading activities has led to a significant increase in incidents of piracy at sea. According to the International Maritime Bureau, 134 pirate attacks were reported in the first six months of 2015, showing an increase of 18 cases from the corresponding period in 2014. Such terrorist and pirate attacks have led to the evolution of advanced naval radar and surveillance systems that assist in border and maritime operations. For instance, in 2015, the Indian government introduced coastal surveillance radar systems that will support the Indian Coast Guard and the Indian Navy in boosting national security.
In this market study, the analysts have estimated factors such as the increasing use passive radars will contribute to the growth of this market in the coming years. The introduction of stealth technology in aircraft rendered them undetected by conventional radar systems. However, the emergence of the passive radar technology has overpowered the stealth technology. Unlike conventional radar systems, passive radars do not emit waves and so they cannot be blocked. The passive radars can be placed at remote locations to track flying objects at low altitudes, and therefore, are indispensable for military operations. For example, the European Aeronautic Defense and Space Company develops passive radars that can detect stealth aircraft through radiation signals emitted by mobile phone networks, radio broadcasts, or by other sources. Besides defense and naval operations, they are also used in commercial applications.
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: Geographical segmentation
PART 09: Key leading regions
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: Key vendor analysis
PART 17: Appendix
PART 18: Explore Technavio
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