3D and 4D military radar antennas driving market salesNews
December 14, 2020
DUBLIN. The "Global 3D & 4D Military Radars Market: Focus on Components, Frequency Bands, Dimension, Application, Platforms, Range, and Region - Analysis and Forecast, 2020-2025" report has been added to ResearchAndMarkets.com's offering. The Global 3D & 4D Military Radars Market Anticipated to Reach to $9.37 billion by 2025.
According to the study, the market is predicted to grow at a significant CAGR of 3.51% on the basis of value during the forecast period from 2020 to 2025. North America dominated the global 3D & 4D military radars with a share of 31.02% in 2019.
In North America, the U.S. acquired a major market share in 2019 as there is an ongoing need for the advanced military radars to conduct expeditionary operations with little or no warning by the U.S. armies. There is also a focus on developing an advanced product portfolio for the U.S. military, which is expected to add significant value in the 3D and 4D military radars market during the forecast period.
The study also concluded that the antenna component dominated the global 3D and 4D military radars in 2019, owing to focusing of the manufacturers to develop technically advanced antennas such as active scanned array antenna systems for military purposes.