Global Radar Warning Receiver Market Size, Share, Trends, Analysis, Research Information by Aircraft Type (Fixed Wing and Rotary Wing), by Fit (Line-fit and Retro-fit), by Component (Control, Processing, & Display Unit; Antennas; and Receivers), and by Region – Forecast till 2023
Competitive Dashboard:
ASELSAN A.Ş.(Turkey), Bharat Electronics Limited (India), BAE Systems (UK), Indra (Spain), Leonardo S.p.A (Italy), Israel Aerospace Industries Ltd. (Israel), Lockheed Martin Corporation (US), Saab AB (Sweden), and Raytheon Company (US), Thales Group (France) are some of the key players in the radar warning receiver market. These players are likely to invest in technological innovations in order to stay ahead of the curve. Also, the players are expected to focus on the expansion of their global footprints over the next couple of years. The growth trajectories expected to be opted by major market participants in the upcoming years are mergers & acquisitions, agreements, collaborations, partnerships, etc.
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Market Synopsis:
Technological innovations are to play a crucial role in the development of the market over the next few years.
Proliferating military applications is one of the major driving factors of the radar warning receiver market. It is projected to expedite the growth pace of the market over the evaluation period. Increasing military expenditures are presumed to open new growth avenues for the market players. However, incapability of identifying multiple threats is e4xpecetd to check expansion of the radar warning receiver market in the foreseeable future.
Market Segmentation:
On the basis of type, the global radar warning receiver market has been bifurcated into rotary wing and fixed-wing.
On the basis of fit, the radar warning receiver market has been divided into line-fit and retrofit. The retrofit segment is anticipated to dominate the global market over the next few years owing to the increasing purchase of these aircraft to add to fleet sizes.
On the basis of component, the global radar warning receiver market has been segmented into control processing, & display unit; antennas; and receivers. Among these, the control processing & display unit segment is likely to lead market growth in the forthcoming years due to rising investments in the replacement of conventional systems with advanced aircraft systems.
Regional Analysis:
The regional evaluation of the global radar warning receiver market has been conducted on a regional and country-level basis. The major regions identified in the report are North America, Asia Pacific (APAC), Latin America, the Middle East & Africa (MEA), and Europe. North America, which dominated the market in 2017, is anticipated to hold a substantial share of the market over the next couple of years. Increasing military applications for surveillance and homeland security is expected to drive the growth of the market in the region over the forecast period. Technological advancements are assessed to dictate the expansion of the radar warning receiver market in the region across the assessment period. The U.S. is poised to contribute substantially to the growth of the regional market as it is the largest manufacturer of radar warning receiver systems.
Europe is also projected to emerge as an important growth pocket over the next couple of years. The prime country-level radar warning receiver markets in the region are the UK, France, and Germany. Presence of key participants of the global market in the region is prognosticated to propel market expansion through the forecast period.
Asia Pacific is prognosticated to strike the highest CAGR during the evaluation period. The rising adoption of cost-effective manufacturing technologies is likely to impact the growth of the radar warning receiver market in the region favorably. China, Japan, and India are assessed to contribute massively to the revenue generation in the regional market in the years to come.
Table of Content:
1 Executive Summary
2 Scope of The Report
2.1 Market Definition
2.2 Scope of The Study
2.2.1 Definition
2.2.2 Research Objectives
2.2.3 Assumptions
2.2.4 Limitations
2.3 Research Process
2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model
3 Market Landscape
3.1 Porter’s Five Forces Analysis
3.1.1 Threat of New Entrants
3.1.2 Bargaining Power of Buyers
3.1.3 Threat of Substitutes
3.1.4 Segment Rivalry
3.1.5 Bargaining Power of Buyers
3.2 Value Chain/Supply Chain Analysis. . .
Continued
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