Technavio has announced the top five leading vendors in their recent global radar systems and technology market 2016-2020 report. This research report also lists five prominent vendors that are expected to impact the market during the forecast period.
End-users in the defense radar systems and technology market are shifting their focus from quantity to quality. There is also an increased emphasis on cost-efficiency in military operations. Maintaining a balance between cost and quality and simultaneously providing upgrades and retrofit solutions to meet modern military needs can pose a significant challenge for vendors.
Companies are facing high levels of uncertainty due to the negative economic conditions in Europe and defense budget cuts in the US. However, despite these developments western military forces are still looking for sophisticated, modernized weapons and are upgrading their weapon systems. Moreover, developing countries in APAC and the Middle East are also strengthening their defense radar systems and technology with modern systems and capabilities. "Thus, the existing major players in the market need to identify the evolving trends and market shifts, and adapt to them for long-term success and survival in the market," says Abhay Singh, lead analyst at Technavio for defense technology research.
Lockheed Martin was founded in 1995, and it is headquartered in Bethesda, Maryland, US. It engages in the R&D, production, and supply of advanced technology systems, products, and services to global defense and aerospace industries.
Lockheed Martin engages in the manufacture and sales of long-range and medium-range radar systems and associated solutions that are used for ensuring enhanced defense against air and missile threats. It provides ground-based radar systems that are capable of detecting ultra-low to high-altitude targets during surveillance missions. Its radar systems are used in a diverse array of applications, including early warning, tactical ballistic missile monitoring, situational awareness, and other defense applications.
Northrop Grumman was founded in 1939. It is headquartered in Falls Church, Virginia, US. It provides systems, products, and solutions focusing on aerospace, electronics, information systems, and technical services to the government and commercial customers across the globe.
The company manufactures and markets radars and associated electronic systems to the defense and civil aviation customers across the globe. It has developed joint surveillance target attack radar system (JSTARS). Northrop Grumman also provides airborne fire control radars, air defense radars, and scalable agile beam radars to military and air force organizations.
The company provides shipboard radar surveillance systems for navigation and maritime applications. It is also engaged in the development and supply of AESA radars for over 60 years.
Raytheon was founded in 1922, and it is headquartered in Waltham, Massachusetts, US. It along with its subsidiaries provides innovative technologies, products, services, and solutions to defense and other government markets across the world.
Raytheon manufactures and supplies a comprehensive array of radar systems and technologies for diverse range applications in both military and civil aviation industries. Its product portfolio includes land-based surveillance and search radars, upgraded early warning radars, transportable radars, missile defense radars, high-definition radars, and airborne radars.
Reutech Radar Systems
Reutech Radar Systems was founded in 1987 and is headquartered in Stellenbosch, South Africa. It manufactures and supplies a comprehensive array of search and tracking radar systems to the National Defense Force of South Africa, as well as to international defense customers. The company operates as a subsidiary of a South African electrical engineering company, Reunert.
Reutech Radar Systems provides 2D and 3D radars and associated systems to the global defense industry. In April 2014, it announced that it had developed naval air and sea surveillance 2D radar systems, primarily for helicopter support operations, and for general surveillance and ship self-defense applications.
In addition to the defense portfolio, the company offers geotechnical monitoring and surveying systems for mining applications.
Rockwell Collins was established in 1933 and is headquartered in Cedar Rapids, Iowa, US. The company engages in the production and sales of electronic communications, avionics, and aviation systems for aerospace and defense industries across the globe.
Rockwell Collings offers advanced radar and surveillance solutions to the global aviation and defense industries. Its product portfolio includes transponders, traffic collision avoidance systems (TCAS II), weather radars, and integrated surveillance systems. The company offers radar simulation systems, namely digital radar landmass simulator (DRLMS) that are used in military simulation applications globally.
Rockwell Collins supplies weather radar systems under the brand name MultiScan ThreatTrack. It is used for detecting, analyzing, and displaying the actual weather-related threats to the aircraft.