After A Decline, Radars And Weapons Manufacturing Market Expected To Rise By 2021


Posted September 14, 2018 by sainath

Companies Included: Lockheed Martin Corp, BAE Systems, Raytheon, Northrop Grumman Corporation, Boeing
 
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.

Read more at
https://www.thebusinessresearchcompany.com/report/radars-and-weapons-global-market-report-2018

The global radars and weapons manufacturing market has shown negative growth in the past years with a CAGR of negative 1%. The year 2014 recorded highest ever market value in this industry as per TBRC’s inhouse
consultants.

TBRC’s latest report show the historic and future trends in the market for each year with sourced reasons to support the growth claims.

The report also shows the radars and weapons market to grow at a much higher CAGR by 2021 as compared to 2017, along with geographies best suited for investments with highest return rate.

Sample report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=358&type=smp

The radars and weapons manufacturing market is expected to grow at a CAGR of around 2.5% by 2021. This can be attributed to the increase in demand for air traffic control systems, supported by a large number of new airport projects, particularly in developing countries. Additionally, the defense industry is also expected to contribute to the growing radar and weapon manufacturing market by increasing the production of unmanned aerial vehicles, smart guns and nuclear ballistic missiles, in the forecast period.

TBRC’s latest report will cover in depth understanding and calculated impacts of each market factor on a global as well as regional level, to analyze the best investment strategy for this market.

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Companies included in the report are Lockheed Martin Corp, BAE Systems, Raytheon, Northrop Grumman Corporation and Boeing.

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Categories Business , Industry , Manufacturing
Tags live weather radar market analysis , radars and weapons global market report , radars and weapons global market report 2018 , weather radar market research report
Last Updated September 14, 2018