Dublin, Oct. 03, 2016 (GLOBE NEWSWIRE) -- Research and Markets has announced the addition of the "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" report to their offering.

The X-band radar market is projected to grow at a CAGR of 4.1% during the forecast period

The X-band radar market is estimated to be USD 4.58 billion in 2016 and is projected to reach USD 5.61 billion by 2021, at a CAGR of 4.1% between 2016 and 2021. The emergence of electronic and network centric warfare, replacement of legacy systems resulting in the automation of radar systems, territorial conflicts and geopolitical instabilities in the Middle East and Asia-Pacific regions, and sea-based X-band radars are driving the demand for the X-band radar across the globe.

"North America to dominate the X-band radar market and APAC to grow at the highest rate"

North America is estimated to capture the largest market share in the overall X-band radar market in 2016. North America-based key players, such as The Raytheon Company (U.S.) and Northrop Grumman (U.S.) operating in the X-band radar market have prompted the improvement of the latest radar system technologies to improve detection capabilities, surveillance duration & resolution, incoming projectile defense capabilities, base & area protection capabilities, and early warning system capabilities of various types of military aircraft, naval vessels, and ground-based forward forces.

In 2016, the key global players in the market were SaaB AB (Sweden), Japan Radio Company Limited (Japan), Furuno Electric Company, Ltd. (Japan), and Terma A/S (Denmark) among others. These companies adopted growth strategies such as new product launches, supply contracts, and business acquisitions to capture a majority share in the growing X-band radar market. Among these, SaaB AB (Sweden) has a widespread geographic presence in the global X-band radar market.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Industry Trends

7 X-Band Radar Market, By Application

8 X-Band Radar Market, By Type

9 X-Band Radar Market, By Array

10 X-Band Radar Market, By Region

11 Competitive Landscape

12 Company Profiles

• Furuno Electric Company Ltd.
• Israel Aerospace Industries
• Japan Radio Company Limited
• Kelvin Hughes Limited
• Northrop Grumman Corporation
• Reutech Radar Systems (PTY) Ltd.
• Saab AB
• Selex Es S.P.A
• Terma A/S
• Thales Raytheon Systems Company LLC
• The Raytheon Company

For more information about this report visit http://www.researchandmarkets.com/research/64zx62/xband_radar

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         Related Topics: Radar Systems 

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