Market Share of Long Range Radar Industry
The long-range radar market is semi-consolidated, with players such as HENSOLDT AG, BAE Systems PLC, Leonardo SpA, Lockheed Martin Corporation, and THALES dominating the market. Market players are expected to enjoy good growth in terms of revenue owing to the growth in demand for intelligence, surveillance, and reconnaissance systems across the world. Governments and defense agencies are investing heavily in the modernization and expansion of their existing defense capabilities by building stealth aircraft, highly advanced naval vessels, and land-based reconnaissance systems, providing orders and contracts to the domestic and global market players for long-range radars.
Long Range Radar Market Leaders
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Lockheed Martin Corporation
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HENSOLDT AG
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BAE Systems plc
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Leonardo S.p.A.
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THALES
*Disclaimer: Major Players sorted in no particular order
