Press Release
Contact: William N. Ostrove, Electronics Analyst
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
Latest Technology Drives $50 Billion Radar Industry
NEWTOWN, Conn. [November 8, 2007] — In a new analysis, Forecast
International projects that the worldwide radar market will be worth $50
billion over the next 10 years. The study, entitled “The Market for Radar
Systems,” is based on a review of 107 radar production, operations &
maintenance, and RDT&E programs. Overall, 11,306 individual radar units
will be produced during the 2007-2016 timeframe, according to the analysis.
New technology is an important
driver of the market. According to William Ostrove, Electronics Analyst and
author of the study, “The expanding availability of technology is increasing
the appeal of many radar systems that were previously available only to the
largest and best equipped militaries.”
One example of this trend is the
growth of the airborne early warning and control (AEW&C) market. Radar
systems that take advantage of the latest technology to provide good
performance at a low cost include the MESA radar, Erieye, and EL/M-2075
Phalcon.
The marketplace is also being
driven by the growth of active electronically scanned array (AESA) technology.
AESA has increased the overall capability of radar systems, allowing them to
provide increased situational awareness to warfighters. As AESA radars leave
the drawing board and enter production, they become more desirable. Ostrove
says that even though mechanical array radars still make up the bulk of radar
production, the more expensive AESA radars are nearly identical to mechanical
array radars in terms of value of production. AESA radar programs, such as the
APG-81, will account for a growing percentage of radar production and funding
over the next 10 years.
The report says that the growth
of asymmetric forces, such as those in Afghanistan and Iraq, is another factor
contributing to change in the radar industry. “The two primary concerns of
military planners have become mobility and the ability to operate close to the
enemy and in urban areas,” said Ostrove. Accordingly, the latest radars can
handle multiple tasks, sometimes replacing several types of older radar
systems.
Major players such as Raytheon
and Northrop Grumman continue to top Forecast International’s list of top five
radar producers. At the same time, growing numbers of consortiums are appearing
on the list. These include AGS Industries, an international consortium formed
to develop the NATO Alliance Ground Surveillance (AGS) system; MEADS
International, developer of an air defense weapons system for the United
States, Germany, and Italy; and Euroradar, which develops and produces the
ECR-90 CAPTOR for the Typhoon.
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, Vice President,
Research & Editorial Services (203-426-0800, ray.peterson@forecast1.com).