The global military radar systems market is likely to grow at a CAGR of 3.6% during the forecast period. In 2016, the market is led by Americas with a share of 41%, followed by EMEA with 35%, and APAC with 24%.
Radar systems are used to detect distant objects and track targets. Radar transmit radio waves in the direction of the target, which is then reflected back and analysed by the receiver. Military radars are used mainly for security and surveillance applications (airborne, maritime and land-based applications) to monitor a wide range of targets such as aircraft, missiles, UAVs, naval vessels, and military land vehicles.
High levels of conflict in several regions of the world are increasing demand for modern military equipment including the radar systems. Military radar systems play a crucial role in the modern combat vehicles, aircraft and naval ships. Along with the rise in conflict, the need for deployment of military vehicles and aircraft with modern radar capabilities also increases. Military radars are also crucial during wartime for airborne and maritime surveillance. Radars can help in early detection of ballistic missile and also to locate and fire target with great accuracy. Furthermore, development of new radar systems as per the evolving need of the military has also led to the increased utilization of military radar systems.
Global Military Radar System Market 2015 (USD Billion)
There have been significant defense budget cuts in several countries, including the US. Also, amidst the economic crisis, Europe has also witnessed significant defense budget cuts. Such budget cuts, along with a decrease in the number of troops, adversely affect demand for military systems (including military radar systems). Furthermore, project termination and cancellation of major deals also highly affect the market. Also, military radar systems face many technical and operational challenges. One of the major operational challenges for radar is the challenges associated with beam path and range.
“Optimal Price Point (OPP) for Military Radar System Market”
Estimated Average solution cost – $ xx globally. However, with growth in demand for Military Rader System beyond EU and U.S., OPP and range of acceptable Prices (RAP) are going to change. We at Ameri Research continuously track these prices with our proprietary pricing model.
Along with the rapid development in technology, the military radar systems have seen major technological improvements in range, and threat detection. The development of highly integrated SiGe core chips have enabled the integration of amplitude control, phase control, and bias control onto a single device. Furthermore, innovations in the areas of Gallium Nitride (GaN) technology has driven the military radar systems design and market. Also, the utilization of open architecture and COTS components has increased, as it provides system designers with more flexibility regarding the interoperability and transfer of technologies between different platforms.
Lockheed Martin designed its Digital Arrow Row Transceiver (DART) to be form- and fit-compatible with the current transmit-and-receive line replaceable units (LRUs) in its legacy radar system antennas.