X-Band Radar Market Worth 5.61 Billion USD by 2021

PUNE, India, September 26, 2016 /PRNewswire/ --

The report "X-Band Radar Market by Application (Defense, Government, and Commercial), Type (Mobile, and Sea-based X-band Radar), Array (Active Electronically Scanned Array (AESA), Passive Electronically Scanned Array (PESA), and Region - Global Forecast to 2021", published by MarketsandMarkets, the global market is projected to grow from USD 4.58 Billion in 2016 to USD 5.61 Billion by 2021, at a CAGR of 4.1% during the period under consideration. 2015 is considered the base year for the study, whereas 2016 to 2021 is the forecast period.

     (Logo: http://photos.prnewswire.com/prnh/20160303/792302 )

Browse 91 market data Tables and 62 Figures spread through 163 Pages and in-depth TOC on "X-Band Radar Market"

http://www.marketsandmarkets.com/Market-Reports/x-band-radar-market-210561157.html
Early buyers will receive 10% customization On this report.

The emergence of electronic and network centric warfare, replacement of legacy systems resulting in the automaton of radar systems, territorial conflicts and geopolitical instabilities, and sea-based X-band radars, among others, are driving the demand for the X-band radar across the globe.

"Defense application of the X-band radar to capture the largest share in the global X-band radar market" 

The defense application is the fastest-growing segment in the X-band radar market due to the growing demand for mobile X-band radars for land and naval security during the forecast period. The air surveillance capability of the X-band radar is the prime factor for the increase in demand from the defense sector. Also, increased investments by governments in different defense sectors are driving the demand for mobile X-band radars such as the sea-based X-band radar and space-based X-band radar.

"Mobile X-band radars to hold a dominant share in the type segment of the global X-band radar market" 

Mobile X-band radars can be used for a wide range of applications including gauging the dynamics of extraordinary cyclones and cloud microphysics, urban rainfall, sea-breezes, land-based and airborne platforms including coastal and border areas, air traffic control, early warning and detection of the weather, perimeter surveillance and airborne surveillance. The demand is constantly growing due to the increasing use in varied sectors.