Global Early Warning Radar Market
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Global Early Warning Radar Market was valued US$ XX Bn in 2018 and is expected to reach US$ XX Bn by 2026, at CAGR of XX% during forecast period.
The early warning radar is a system that is mostly utilized to recognize long-range targets, which allows defense forces to be alerted as early as possible before an attacker hits a target, provided that air defense units’ maximum time to operate and retaliate. This compares to devices that are mostly used to track weapons, which tend to offer shorter ranges but provide higher precision.
Early warning radars, along with cameras, are being used with ultrasonic frequency that employs image processing to provide higher security at national borders. The need for advanced situational awareness and information dissemination abilities are driving the development and procurement of numerous radars for aircraft, rotorcraft, and UAVs. The rising demand for border surveillance radars and the need for new generation air and missile defense systems is expected to offer significant opportunities to the early warning radar market throughout the forecast period.
However, high expenses involved in improving military early warning radars is likely to hinder the global early radar market throughout the forecast period.
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Last Update : Aug 27, 2020
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