We are living henceforth in a disruptive world where the violence is becoming a way to communicate, negotiate and to take power.
This daunting reality leads to increased demand for defense surveillance over
porous and attack-prone borders, greater spending on defense sector by
developing countries, and rise in terrorism and ongoing inter-country conflicts,
increasing deployment of ballistic and stealth missiles in active warzones
around the world, such as the Middle-Eastern countries.
The increasingly demand for AMDRs significantly taps into this environment, and the
AMDR market is estimated to be valued at USD 8.79 billion in 2016 and is
projected to reach USD 12.52 billion by 2021, at a CAGR of 7.34% from 2016 to
2021 according to Research and Markets.
The firm reveals that, Naval-based radars are expected to grow the
fastest in the AMDR market. Raytheon has been most active in the production of
naval-specific radars, such as AMDR and Radar Suite Controller (RSC), designed
for engagement of threats and long-range detection. Lockheed Martin has a
decent geographic spread. It is followed by BAE Systems and SAAB.
The AMDR market by
region, is dominated by the North America nations, which includes the U.S.,
and Canada. AMDR is majorly being used for ground-based and naval-based
purposes. AMDR are used as they are specialized radars with very less
cross-section area. As an important component of the missile defense system, it
is attracting huge investments in AMDR.
Among key vendors we have:
- Airbus Group
- Almaz-Antey
- BAE Systems
- Finmeccanica SPA
- General Dynamics
- Israel Aerospace Industries
Ltd.
- Lockheed Martin Corporation
- Northrop Grumman Corporation
- Raytheon Company
- Reutech Radar Systems
- SAAB Group
- Thales Group.