North America was the largest region in the radars and weapons manufacturing market in 2017, accounting for 49.8% share in the market. North America, led by US, dominates the global radars and weapons manufacturing market in terms of expenditure and technological advances. Asia-Pacific was the second largest region, accounting for 25.8% share in the market. The geopolitical instability & the growing territorial and maritime conflicts in Asia-Pacific region is driving the demand for military radars and weapons in the countries, such as China, India, Australia, and Japan, to enhance their inventory of arms and weapons. South America was the smallest region accounting for 0.7% share in the market.
Rising Use Of Passive Radars
Use of passive radars are gaining traction in the market due to its advantages across wide range of defense and civil applications and cost effectiveness . Passive radars use the existing electromagnetic signals from the atmosphere to support imaging and tracking capabilities, whereas the regular/active radar sends out electromagnetic signals to the target and receives reflected signals from the target. Passive radars use ambient radio signals for tracking and surveillance and are less expensive to operate. Some of the examples of passive radar systems are Silent Sentry by Lockheed Martin, Celldar by Roke Manor Research Limited, and Homeland Alerter 100 by Thales Group.
Radars and weapons industry includes establishments that manufacture radars and weapons for civilian and military purpose. Radars operates in the ultra-high-frequency (UHF) or microwave part of the radio-frequency (RF) spectrum, and these radio waves used to determine the range, angle, or velocity of objects such as aircraft, spacecraft, guided missiles, ships, motor vehicles, weather formations, and terrain. The types of weapons manufactured by companies in this market are small arms and ammunitions, bombs, rockets and rocket launcher, torpedoes and other military knives.
Companies Covered: Northrop Grumman Corporation, Raytheon Company, and Lockheed Martin Corporation
Market Segments Included: Civil Radars, Military Radars
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