Land-Based Radar Market Forecast at $40.6 Billion Over Next Ten Years – Defense & Security Monitor

In its latest analysis of the land-based radar market, Forecast International estimates that the market will have a value of at least $40.567 billion from 2020-2029.  This figure encompasses the market’s four program life-cycle phases: Pre-Production (RDT&E), Production, Post-Production (O&M), and Mixed (Commingled / Procurement).

The production phase will be the most valuable, with the analysis projecting that contractors will earn $17.560 billion in support of the manufacture of 4,634 units.

The analysis, The Market for Land-Based Radar Systems, is a detailed study of 40 landmark programs that provide a window into the trends and developments that will drive the market over the next 10 years. It breaks the market down into eight market segments: Air Defense, Air Traffic Control, Early Warning, Fire Locating, Minehunting, Search & Track, Surveillance, and Other.  The Early Warning segment will be the highest-earning at $16.051 billion. This ranking corresponds with the rollout of several high-profile installations and atypical investment in development funding.

Land-Based Radar Systems value data from Forecast International’s Platinum Forecast System®

Among the more prominent land-based radar programs examined are Thales’ Ground Master series, Saab’s Giraffe series, and Lockheed Martin’s Long Range Discrimination Radar (LRDR) / SPY-7 Solid State Radar (SSR) family.  Industry observers may also be interested in the coverage of the embattled TPS-81