DUBLIN, July 4, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "Global Air and Missile Defense Radar System Market 2016-2020" report to their offering.
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The report forecasts the global AMDR system market to grow at a CAGR of 6.81% during the period 2016-2020.
The introduction of new AMDR programs, with features like long-range detection of missile threats, is globally trending in the market. They are also equipped with services like laser light, real-time monitoring, and GPS, which aid in efficient detection and identification of missile launchers. Advanced airborne radars characterize long-range and high-resolution surveillance capabilities. They are more capable and accurate than the LSRS and equipped with features like NetTrack. In addition, heightened commercial off-the-shelf (COTS) procurement for its reduced cost, increased reliability, and improved quality is another trend in the market.
According to the report, advanced battlefield surveillance radars (BFSR) offer enhanced missile detection and tracking capabilities. Unlike conventional radars, they can track multiple targets. In addition, they can also differentiate between targets such as light and combat vehicles, low-flying helicopters, crawling men, and marching soldiers. Sea-based X-band radar-1 (SBX-1) is also being widely adopted owing to its exceptional stability in high winds and storms and tracking ballistic missiles.
Further, the report states that budget cuts and sequestration in the US have severely affected the ongoing AMDR programs. They also had an adverse impact on the production and procurement of spare parts and accessories for AMDR systems. Major airborne, land-based, and naval programs were put on hold or canceled.
- General Dynamics Corp.
- Lockheed Martin Corp.
- Northrop Grumman Corp.
- Raytheon Co.
- Reutech Radar Systems
Key Topics Covered:
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
For more information visit http://www.researchandmarkets.com/research/p3klxn/global_air_and
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SOURCE Research and Markets