Press Release
Contact: William N. Ostrove
Phone: (203) 426-0800
Fax: (203) 426-4262
Web site: www.forecastinternational.com
E-mail: bill.ostrove@forecast1.com
Forecast International, Inc.
22 Commerce Rd. Newtown, CT 06470 USA
FOR IMMEDIATE RELEASE
Global Radar a $40 Billion Market
NEWTOWN, Conn. [Oct. 9, 2006] — Radar will remain a core part
of aircraft avionics suites, battlefield command networks, missile defense
shields, and air traffic control (ATC) systems over the next 10 years. To meet
global demand, Forecast International’s “The Market for Radar Systems” study is
projecting a $40 billion radar market over the decade reviewed – 2006-2015. This
total will encompass the development, procurement, and maintenance of nearly
100 different radar systems over the next 10 years. In terms of unit sales,
9,800 individual radar systems will be procured worldwide during the decade.
Although infrared and electro-optical sensors have become
increasing popular, radar remains a vital part of any modern sensor suite.
Radar systems are now being tied to overall data-fusion networks on the
battlefield and electronic suites in commercial aircraft.
Modern technology will drive radar production, according to
William Ostrove, the report’s author. “Technology is making active
electronically scanned array (AESA) a viable, affordable, attractive
alternative to the old dish or more modern phased-array aperture,” he said. Ostrove
added that many new radar systems over the next 10 years, especially military
fire control and surveillance radars, will be dominated by AESA technology.
The major trends affecting the radar industry are globalization
and consolidation. Companies such as Northrop Grumman, Raytheon, and Thales
continue to acquire and merge with competitors and will remain top radar manufacturers
for years to come.
Northrop Grumman’s sales will be dominated by fire control
radars such as the APG-68 and APG-81, and by surveillance radars for unmanned
aerial vehicles (UAVs) and airborne early warning and control (AEW&C)
aircraft such as the E-2 Hawkeye. Raytheon will also enjoy strong sales of fire
control radars, in particular its APG-63. Also boosting market share will be
sales of the company’s SPY-3 naval radar and Volume Search Radar (VSR). Thales,
meanwhile, will continue to produce a wide variety of radars for land, sea, and
air warfare applications.
According to the analysis, the radar market will peak in
2008 and then begin to decline. Many programs, such as the popular APG-68 that
equips the F-16, will begin winding down around 2015 as orders for their
primary platforms dry up. Other programs, such as development of the APG-81 for
the Joint Strike Fighter (JSF), will take their place, but will not result in
equivalent production numbers.
Forecast International, Inc., is a leading provider of
Market Intelligence and Analysis in the areas of aerospace, defense, power
systems and military electronics. Based in Newtown, Conn., USA, Forecast
International specializes in long-range industry forecasts and market
assessments used by strategic planners, marketing professionals, military
organizations, and governments worldwide. To arrange an interview with
Forecast International’s editors, please contact Ray Peterson (203-426-0800, ray.peterson@forecast1.com).