According to the new market research report "Security and Surveillance Radar Market (Land Systems, Airborne Systems, and Naval Systems) - Global Forecasts and Analysis to 2014 - 2020", published by MarketsandMarkets, Surveillance and Security Radar market are estimated to be $6.08 billion in 2014 and are expected to register a CAGR of 5.97% to reach $8.61 billion by 2020.
According to the new market research report "Security and Surveillance Radar Market (Land Systems, Airborne Systems, and Naval Systems) - Global Forecasts and Analysis to 2014 - 2020", published by MarketsandMarkets, Surveillance and Security Radar market are estimated to be $6.08 billion in 2014 and are expected to register a CAGR of 5.97% to reach $8.61 billion by 2020.
The report provides in-depth analysis of the present industry size and growth prospects for the forecasted period, including highlights of key growth stimulators. The report further benchmarks the industry against key global markets and provides a detailed understanding of emerging opportunities in specific areas.
It provides detailed analysis of the market for military and commercial surveillance and security radars during the period 2014-2020. The report also incorporates the factors that persuade a country's expenditure on radars to cut or invest. It provides detailed expectations of growth rates and projected total expenditure.
It throws light on the leading competitors in the global security and surveillance radar market. Apart from the general overview of the companies it also focuses upon their financial position, key products, and markets.