Tension in East Europe Only One Factor Behind Positive Growth Rates Forecast for the Global Military

LONDON - June 4, 2015 - PRLog -- Since the Second World War, radar systems have become a crucial element of military intelligence-gathering, early-warning, targeting and communication activities. The centrality of these systems in all levels of military operation – from strategic-level early warning and surveillance radar to tactical systems – affords radar a unique place in military equipment inventories. Geopolitical friction and increasingly advanced designs of military radar and platforms on which to place them are driving expenditure in this defence market. Emerging military powers – facing porous borders, transnational crime and threats to territorial integrity – are increasingly likely to become players in this market, to complement expenditure in established markets driven by cutting-edge technological advances. Visiongain expects the global military radar systems market to reach $9.42bn in 2015.

The 279 page report Military Radar Systems Market 2015-2025: Leading Companies in Airborne, Naval & Land-Based Systems is visiongain’s latest defence report providing a detailed analysis of the latest political, economic and technological trends. This report provides a thorough quantitative and qualitative analysis of the global military radar market, 3 submarkets are evaluated, 6 regional markets are also analysed in detail and 15 leading national markets are quantified, forecast and evaluated further in depth. In addition, 10 leading companies are also profiled in detail, with extensive details of hundred of contracts. These are alongside 221 tables and charts providing detailed analysis of future trends, dynamics and shifts in the market. Political, economic, social and technological market dynamics are also evaluated along with details of hundreds of contracts, programmes and requirements. The report’s findings are reinforced by an exclusive interview with a senior source RADA Electronic Industries Ltd, a leading tactical radar manufacturer.

The 55,000-word report Military Radar Systems Market 2015-2025: Leading Companies in Airborne, Naval & Land-Based Systems provides an unrivalled level of detail in its analysis of market trends and commercial prospects.

James Bingham, the analyst responsible for the Military Radar Systems Market 2015-2025: Leading Companies in Airborne, Naval & Land-Based Systems summarised its findings:

“In current threat environments, where precision and intelligence are more important than ever, the use of radar is a crucial element of both surveillance and the accurate deployment of weapons; - in both offensive and defensive applications. Air and ballistic missile defence, air-to-air combat, strategic long-range surveillance, counter-fire systems and multiple other military applications are dependent on radar systems. Increasing requirements for situational awareness and battlefield management place demands on radar manufacturers to develop more capable and adaptable systems to plug into the network-centric operations of modern militaries worldwide. However, there is considerable demand forecast from emerging military powers requiring modernisation of their legacy systems. Porous borders, threats to territorial integrity and strategic threats such as ballistic missiles are all driving factors propelling the military market forward with consistent growth rates”

Military Radar Systems Market 2015-2025: Leading Companies in Airborne, Naval & Land-Based Systems is an invaluable reference offering extensive market analysis and evaluation of future commercial prospects.

For further information about this report please visit http://www.visiongain.com/Sector/9/Defence

Contact: Sara Peerun on sara.peerun@visiongainglobal.com

Tel: +44 (0) 20 7336 6100

Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to sara.peerun@visiongainglobal.com or call her on +44 (0) 207 336 6100

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 Energy, Telecoms, 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 that needs independent, high quality, original material to rely and depend on.