Global 3D Radar Market: Key Highlights
Global 3D Radar Market: Key Market Dynamics
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Global 3D Radar Market: Regional Overview
The region is witness to create a major role of the adoption of the market in the forecast period. Whereas, the growing technological advancements, rising government initiatives, as well as the investments in the US is one the major reason for the market growth However, the region is projected to a major market leader as has several leading manufacturers for various types of 3D radar such as Northrop Grumman Corporation, Rockwell Collins Inc., Airbus Defense and Space and various other players. Hence, these trend will create a significant opportunities for the growth of the market in the region.
The Asia-Pacific is excepted to create a significant growth with advancements and developments in the field of battlefield management for getting the tactical communications. Moreover, the growing defense budget in the countries such as India and China has led to a boost in research and development in 3D radar technologies. However, the growing border tensions with the neighboring nations in the region are projected to drive the market growth.
Global 3D Radar Market: Key Players Overview
Raytheon Company is a technology company, which is specializing in defense, homeland security, as well as other government markets globally. Moreover, it also provides electronics, mission systems integration, and mission support services. In 2019, the company and the HENSOLDT where both id the major air traffic radar providers, will provide two European customers integrated air surveillance radars which combine HENSOLDT's next-generation primary airport surveillance radar as well as the Raytheon's Mode S monopulse secondary surveillance radar.
Northrop Grumman Corporation is an American global aerospace and defense technology company. Whereas, the company designs, develops, as well as manufactures various defense electronics and systems. In 2019, the Northrop Grumman Corporation, MBDA and Saab has completed a joint, collaborative effort to demonstrate the ability to integrate MBDA’s Common Anti-air Modular Missile (CAMM) family and Saab’s Giraffe radar system family into Northrop Grumman’s Integrated Air and Missile Defense (IAMD) Battle Command System (IBCS).
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