Air and missile defense radar (AMDR) is expected to be a leading market for implementation of sophisticated and advanced technology. Increased threats in the Middle East, Asia pacific and Europe have resulted in a higher demand of these radars.
Major countries in the Asia and Middle East are in constant threat of missile and nuclear attacks thus making these regions a potential market for the firms. There is an increased demand for naval based radar system from the armed forces from both European and U.S central command.
Industry trend is highly opportunistic as the increased threat in the East Asian, Middle East and European countries regarding the nuclear and other missiles has been very high from the era of cold war.
Need of possessing improved and much stronger naval fleet amongst many countries creates opportunities for the market.
A joint commission has been formed by U.S navy to increase the number of ballistic missile defense tracking systems for the naval fleets. Being an R&D driven industry, a small advancement in technology by one country creates a demand all over the world. The development of dual ship-based radiolocation created an upspring in the naval air and missile defense radar market.
Air and missile defense radar market is never stagnant as there are constant R&D practices which lead to the upgrading of product due to which global demand never goes down. Constant upgradation of the missile’s and other air strike weapons creates a need for better geo-tracking technology.
Budget cut in Europe and U.S. led to a temporary downturn of the air and missile defense radar industry. As it is a technology driven market, even though the missiles are tested successfully their real time deployment in the war zone is limited which causes limitation for these products.
Dual band radars have been developed to reduce the gap between standardization of naval-based air and missile defense radiolocation system and technology. The dual band technology has created a high demand in the market as U.S. planned replace all the ships with the dual band radars which will be replacing the existing geo-tracking systems.
South America is expected to be a high potential region where it is estimated that the procurement and maintenance cost of radars will be on constant growth. U.S. and Australia jointly agreed to develop an active phased array radar based on x-band phased array and s-band active array technologies.
Israel, a leader in producing military defense technologies in the world, did successful test of its arrow 3 anti-missile system. This version of arrow can destroy missiles at higher altitudes 100km and away. Israel influences the global air and missile defense radar market to a great extent as there are hundreds of industries in Israel which are directly or indirectly related to the defense sector. Israel has a good industry trend where the government and industries go hand in hand.
Number of competitors in the air industry is very limited as it needs high investments and must deal with advanced technology. Often these few players work in joint ventures to acquire the government contracts.
The introduction of multi-mission phased array systems by Aselsan and the development of dual band radars from Raytheon is expected to create a good thrust in the air and missile defense radar market for upgradation.
Constant tensions of oil war in the Middle East, thrive for dominance by countries like Russia, U.S and Israeli and the fear created by these countries’ missile strength towards the whole world keeps the air missile defense industry alive.
In a recent development, the U.S. Army is nearing a decision on who will build its Lower-Tier Air-and-Missile Defense Sensor (LTAMDS), with Raytheon, Northrop Grumman and a Lockheed Martin-Elta Systems being the three vendors that participated in a “sense-off” competition held in New Mexico, and a decision is expected next month.
In April 2019, Raytheon was awarded a $28 million contract for integration and production support of the AN/SPY-6(V) air and missile defense radar (AMDR) for the U.S. Navy.
The market is segmented based on usage and working platforms of air and missile defense radar systems and based on regions. Products are differentiated into three sectors as ship-based defense, land-based defense and air-based surveillance & defense radar systems.
Based on regions, the AMDR market can be segmented as Central & South America, North America, Middle East & Africa, Asia pacific and Europe. Major countries in the industry are Israel, India, China, Turkey, Germany, Russia, France, UK, UAE, Australia, South Korea, U.S., Canada, Saudi Arabia and Brazil.
Air and defense radar industry is influenced by the U.S. based Raytheon and Lockheed Martin, holding major percent of the market share. Other key players operating in the global air and missile defense radar market are BAE, Northrop Grumman, SAAB, Airbus and Boeing.
In-depth report on global air and missile defense radar (AMDR) market by Grand View Research:
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