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Follow on Google News | The military radar systems market reaches 9.16bn dollars in 2011 says new visiongain reportVisiongain’s The Military Radar Systems Market 2011-2021report quantifies what it sees as significant growth in radar expenditure over the next 10 years, while providing analysis to support its country-level and subsector-level forecasts.
By: Visiongain The global military radar systems market is to be resilient in the face of sharp budget cuts over the next decade. The market is also currently in the throes of technological advances that will ensure strong growth in the coming years. In spite of declining defence spending in the US, Europe and other developed economies, radar systems have been identified by governments as an investment priority, as developments in active electronically scanned array (AESA) and multi-mission capabilities require procurement agencies to maintain the relevance of ground-based, airborne and naval military assets. The self-evident utility of radars in their intelligence gathering and protective capabilities mean that governments are unlikely to jettison plans to acquire or at least upgrade these critical systems. Moreover, the drive towards standardisation and modularisation of systems is likely to offer considerable opportunities for companies that can supply such solutions. Visiongain sees the military radar systems market as including four sub-sectors: The report contains 80 tables, charts and graphs that quantify and forecast the radar systems market in detail from 2011-2021. The analysis and forecasting has been informed by extensive consultation. A full transcript of an exclusive interview is included from ELTA systems, a leading radar systems company. To view sample pages please click on: http://www.visiongain.com/ For more information about The Military Radar Systems Market 2011-2021 report please contact sara.peerun@ # # # About visiongain Visiongain is one of the fastest growing and most innovative independent media companies in Europe. Based in London, UK, visiongain produces a host of business-2-business conferences, newsletters, management reports and e-zines focusing on the Telecoms, Energy, Pharmaceutical, Defence, Materials sectors. Visiongain publishes reports produced by its in-house analysts, who are qualified experts in their field. Visiongain has firmly established itself as the first port-of-call for the business professional, who needs independent, high quality, original material to rely and depend on. End
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