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Europe Security and Surveillance Radar Market is Expected to Reach $1800 million in 2019 - New Report by MicroMarket Monitor
Date:7/26/2014

(PRWEB) July 26, 2014

The European security and surveillance radar market under defense aviation is estimated at $1290 million in 2014, and it is expected to reach $1800 million by 2019 at a CAGR of 6.16%. The report incorporates the factors that influence a country’s expenditure on radars. It provides detailed expectations of growth rates and projected total expenditure. The report also throws light on the leading competitors in the global markets. Apart from the general overview of the companies, it focuses on their financial position, key products, and market share.

Browse through the TOC of the Europe security and surveillance radar market report, to get an idea of the in-depth analysis provided. This also provides a glimpse of the segmentation in the Europe security and surveillance radar market, and is supported by various tables and figures.

http://www.micromarketmonitor.com/market/europe-security-and-surveillance-radar-6045035386.html

The instability in Western Europe is pushing for the procurement of military equipment like submarines, command and control systems, tactical helicopters, mobile artillery-hunting radar systems, and next generation Gripen aircrafts loaded with surveillance radars to meet the need for stability in Europe despite the political challenges driving the radar market expenditure. The level of terrorist activities of extremist groups in certain parts of the region, and the international operation against Taliban and Afghanistan is serving as a potential market for procuring superfluous security and surveillance radars.

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