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North America Security and Surveillance Radar Market is Expected to Reach $2030 million in 2019 - New Report by MicroMarket Monitor
Date:7/27/2014

r />http://www.micromarketmonitor.com/market/asia-pacific-security-and-surveillance-radar-8445958787.html

Latin America Security and Surveillance Radar Market
The main purpose of security and surveillance radar systems is to detect and locate hostile targets in military actions, as well as in commercial aviation. The application of radar is also used in military purposes, such as weather detection and navigation.The South American security and surveillance radar market was estimated at $250.0 million in the year 2013, to grow at 7.2% annually. It is projected to reach $360.0 million by the end of 2018. The potential of civil security is not limited to defense, as companies are now spending on UAVs, civil helicopters, and multi-mission aircraft which are used for civil security air surveillance. Border and coastal security has now become the most important and significant field of investment to enhance the national security infrastructure.

The South American security and surveillance radar market can be segmented on the basis of platform and country. The platform segment is further classified into airborne and maritime surveillance radar, ground penetrating radar, coastal security radar, and weather and navigation radar. Among the application segment, the defense platform dominates the market with a high market value. Key players in Security and Surveillance Radar market include ATC Global, Northrop Grumman, Exelis, SAAB, Scanter, Rockwell Collins, Honeywell International, Thales Group, and Lockheed Martin.

Source: PRWeb
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