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X-Band Radar Market by Type, Application - Global Forecasts, Trends & Analysis to 2015-2020NEW YORK, Sept. 1, 2015 /PRNewswire/ -- The report provides an analysis of the X-band radar market. An increased threat of terrorism, uncertain attacks, insurgent activities, and unconventional military threats have led to an increase in the demand for X-band radar used for detection of moving personnel, missiles, and moving targets. Recent tension in Eastern Europe region, transnational wars, and attacks are the major factors for increasing the demand in this market. The major players in the X-band radar market are SAAB AB (Sweden), Selex ES S.p.A (Italy), Thales-Raytheon Systems ( U.S.), Kelvin Hughes Limited (UK), and Israel Aerospace Industries Ltd ( Israel). According to the projections in this study, the market size of the X-band radars market is estimated to be $4.12 billion in 2015, and is projected to grow at a CAGR of 3.56% between 2015 and 2020 to reach $5.08 billion. North America is the leader in the worldwide market for portable X-band radars and is projected to witness a CAGR of 5.47% from 2015 to 2020. The region witnesses a strong demand of portable X-band radars in homeland and border security. Read the full report: http://www.reportlinker.com/p03131195-summary/view-report.html About Reportlinker ReportLinker is an award-winning market research solution that finds, filters and organizes the latest industry data so you get all the market research you need - instantly, in one place. http://www.reportlinker.com __________________________ Contact Clare: [email protected] US: (339)-368-6001 Intl: +1 339-368-6001 To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/x-band-radar-market-by-type-application---global-forecasts-trends--analysis-to-2015-2020-300136105.html SOURCE Reportlinker |