Shopping Cart  |  Intelligence Center
Aerospace & Defense Electronics
FORECAST INTERNATIONAL PROJECTS SEA-BASED RADAR MARKET WILL REACH $13 BILLION OVER NEXT 10 YEARS
Monday, June 29, 2015
Click image for a larger picture

Artist's Conception of the AMDR's Sensor Arrays

.Source: Raytheon


Artist's Conception of the AMDR's Sensor Arrays

Source: Raytheon


Close
NEWTOWN, Conn. - Forecast International has released its latest analysis of the sea-based radar market. "The Market for Naval Radar Systems" encapsulates a detailed review of 31 distinct radar programs. Viewed as a group, these examples provide an in-depth look at the major trends in sea-based radars.

Covered in the analysis are six market segments. These include Air Defense, Electronic Countermeasures, Fire Control, Navigation, Search & Track, and Surveillance radar programs. The most valuable segment will be Air Defense, at $8.249 billion.

Forecast International projects the value of the entire sea-based radar market to reach $13.037 billion over the next decade. Over this time, production of 1,383 units is forecast, with production making up 67.1 percent of the overall market value.

The 10-year analysis also covers representative O&M and RDT&E programs, such as those funding the sustainment and development of the SPY-1 and Air and Missile Defense Radar (AMDR). During the 2015-2024 forecast period, O&M and RDT&E are expected to make up 17.1 percent and 15.8 percent of the market, respectively.

Also provided is a look at some of the top players in sea-based radars. By value, Forecast International projects the top three leading companies to be, in order, Raytheon, Thales, and Airbus Group. These companies produce radar systems such as the AMDR and SPS-73 (Raytheon), SMART-S Mk 2 and Scout Mk 3 (Thales), and TRS-3D and TRS-4D (Airbus Group).

In all, an evaluation of 13 parent companies is provided, with a multiple number more of their subsidiaries included. These 13 companies represent a diverse array of countries - nine in total - with the end user forecast numbering over 25 separate nations.

"As much as possible, we have tried to provide our customers with a detailed picture of the naval radar market," said C. Zachary Hofer, lead radar analyst at Forecast International. "The diversity of the programs we've examined, the corresponding international scope of end users, and the Who's Who of parent companies provide what we feel is an unsurpassable portrait of the field. We include a look at some of the major influential trends in naval radars, such as the rising importance of integrated masts and the overwhelming move to solid-state, active electronics. We are excited to be able to provide this wealth of information to our clients."

For more information on "The Market for Naval Radar Systems" 10-year analysis or to inquire about other Forecast International products - such as Platinum Forecast System 2.0 (our revolutionary 25-year, real-time market data tool) or our individual program report books, like the Electro Optical Forecast, the Land & Sea Based Electronics Forecast, or the Radar Systems Forecast - please contact a member of our sales team.

Source:  Forecast International Electronics Group
Associated URL: forecastinternational.com

 

MORE NEWS CATEGORIES
AEROSPACE & DEFENSE ELECTRONICS
AIRLINES, COMMERCIAL AVIATION & MAINTENANCE
AVIATION ENGINES, PROPULSION & AUXILIARY POWER UNITS
INDUSTRIAL & MARINE GAS TURBINES
INTERNATIONAL MILITARY MARKETS & BUDGETS - ASIA, AUSTRALIA & PAC RIM/EURASIA
INTERNATIONAL MILITARY MARKETS & BUDGETS - EUROPE
INTERNATIONAL MILITARY MARKETS & BUDGETS - NORTH AMERICA
MILITARY AIRCRAFT
MILITARY VEHICLES, ORDNANCE, MUNITIONS, AMMUNITION & SMALL ARMS
MISSILES & MISSILE SYSTEMS
NAVAL SHIPS AND OPERATING SYSTEMS
NON-US AEROSPACE/DEFENSE COMPANIES & CONTRACTS
REGIONAL, BUSINESS & GENERAL AVIATION
ROTORCRAFT
SPACECRAFT, LAUNCH VEHICLES & SATELLITES
US AEROSPACE/DEFENSE COMPANIES & CONTRACTS
Drones and Unmanned Systems - Air, Sea, Land, Micro & Robot Systems
UTILITIES, ROTATING MACHINERY & POWER GENERATION


NOTICE TO USERS

Warranty: Forecast International makes no guarantees as to the veracity or accuracy of the information provided. It warrants only that the information, which has been obtained from multiple sources, has been researched and screened to the best of the ability of our staff within the limited time constraints. Forecast International encourages all clients to use multiple sources of information and to conduct their own research on source data prior to making important decisions. All URLs listed were active as of the time the information was recorded. Some hyperlinks may have become inactive since the time of publication.

Technical Support: Phone (203)426-0800 e-mail support@forecast1.com

Subscription Information: Phone (203)426-0800 or (800)451-4975; FAX (203)426-0223 (USA) or e-mail sales@forecast1.com

Aerospace/Defense News Highlights is published by Forecast International, 22 Commerce Road, Newtown CT 06470 USA. Articles that list Forecast International as the source are Copyrighted © 2022. Reproduction in any form, or transmission by electronic or other means, is prohibited without prior approval from the publisher.

Forecast International invites all interested companies to submit their announcements and press releases for review and inclusion in our Intelligence Letters.

Contact: Ray Peterson, Acting President, Research & Editorial Services
Email: Ray.Peterson@forecast1.com
Phone: 800-451-4975
Fax: 203-270-8919





HOME PRODUCTS & SERVICES NEWS CONTACT US PRIVACY STATEMENT TERMS AND CONDITIONS
Forecast International © 2022 75 Glen Rd, Suite 302 Sandy Hook, CT 06482 USA Phone: 203.426.0800 Toll-Free: 800.451.4975 (USA & Canada) Fax: 203.426.0223 sales@forecast1.com