Houston, TX -- (SBWire) -- 01/26/2018 --This report provides comprehensive analysis of: Key market segments and sub-segments, Evolving market trends and dynamics, Changing supply and demand scenarios, Quantifying market opportunities through market sizing and market forecasting, Tracking current trends/opportunities/challenges, Competitive insights, Opportunity mapping in terms of technological breakthroughs, Global Air and Missile Defence System Market: Regional Segment Analysis, North America, Europe, China and Japan, Southeast Asia, India.
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Ground based AMDR is used to obtain real-time information from war situations. They are used in conjunction with aerial, naval and satellite platform radars for target integration. It is a ground-based missile-detection radar and is used for ground-based bombing, command bombing, air traffic control, instrument landing systems, and radar bomb scoring as well as air defense through ground control. Defense budget cuts in developed countries have focused on automation and miniaturization of military radar systems. The war on ISIS in Syria, the Al Qaeda war in Afghanistan, and the Crimean conflict have increased demand for ground-based military radars.
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Long-distance and strategic systems The AMDR market is expected to dominate the AMDR market during the forecast period. The range of this system is up to 100 kilometers, and the strategy system is used in more than 100 kilometers. This system is used for conventional and ballistic missile targets. LRSAM is an example of a long range AMDR system. High demand for ballistic missile defense systems is expected to lead the market for long-range and strategic systems AMDR market. Likewise, joint efforts by the US and South Korean governments to develop a missile defense system in South Korea, India and China's effort to develop an indigenous missile defense system is expected to lead the AMDR market. Nonetheless, short-range AMDR markets are expected to form due to disputes in the Asia-Pacific region and the Middle East.
The Asia Pacific region in 2017 is expected to occupy the third largest market share in the global AMDR market with the highest CAGR over the forecast period. The existence of conflicts in the disputed areas of the South China Sea is a major factor in strengthening the naval surveillance capabilities of the affected areas. Due to the border issue between countries, the defense system is strengthened and the AMDR market is being formed.
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The Brazilian army, on the other hand, is spending huge amounts of money through its defense sensors and remote sensing and command and control systems, which are leading the national radar market.
The key global players in the AMDR market are Lockheed Martin Corporation, Northrop Grumman Corporation (USA), Raytheon Company (USA), SAAB Group (Sweden) and Thales Group (France).
The report provides detailed information and predicts the AMDR market based on platforms (ground based, naval based, airborne), applications (ballistic missile defense, conventional), and range types (long range and strategic systems, medium range and short range). Range) and geographical areas (North America, Europe, Asia-Pacific, Middle East and Africa, and other countries).
Air and Missile Defense System Market Insights to 2022 Profiling Key Players Like Martin Corporation, Northrop Grumman Corporation, Raytheon Company, SAAB Group and Thale
The Global Air and Missile Defence System Market Research Report Forecast 2017-2021 is a valuable source of insightful data for business strategists. It provides the Air and Missile Defence System industry overview with growth analysis and historical & futuristic cost, revenue, demand and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Air and Missile Defence System market study provides comprehensive data which enhances the understanding, scope and application of this report.