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Radar Security Market Worth 25.17 Billion USD by 2022PUNE, India, July 29, 2016 /PRNewswire/ -- According to the new market "Radar Security Market by Surveillance Type (Ground, Air, Marine), Range (Long, Medium, Short), Application (Border Security, Seaport and Harbor, Critical Infrastructure), and Geography - Global Forecast to 2022", published by MarketsandMarkets, research report on the radar security market, the said market is expected to grow from USD 17.85 Billion in 2016 to USD 25.17 Billion in 2022, at a CAGR of 5.90% during the forecast period. (Logo: http://photos.prnewswire.com/prnh/20160303/792302 ) Browse 69 market data Tables and 53 Figures spread through 211 Pages and in-depth TOC on "Radar Security Market" http://www.marketsandmarkets.com/Market-Reports/radar-security-market-135414812.html The radar security market is driven by the rising demand for radar systems worldwide since militaries seek to replace legacy systems. Rising territorial conflicts and geopolitical instabilities in the Middle East and APAC is also a key factor responsible for the growth of the market. Furthermore, defense budget cuts in developed economies shifted the focus toward miniaturization & automation of defense and security systems is expected to propel the radar security market. Ground surveillance radar (GSR) systems are expected to lead the global radar security market between 2016 and 2022 Ground surveillance radar (GSR) systems held a major market share in 2015. The market for GSR systems is expected to grow between 2016 and 2022. The adoption rate of GSR systems is high for the military as well as homeland security applications. In addition, these systems are also used in detecting and tracking aircraft at low altitude. These are the key factors contributing for a large market share of GSR systems among other types of the Radar Security Systems Market. The border security application is expected to hold the largest market share in 2016 There will be a significant rise in the market for the border security application between 2016 and 2022; controlling terrorist activities across the borders, monitoring human trafficking and illegal entry of immigrant, securing imports and exports at the borders are the major drivers for the adoption of radar security systems in border security applications. High adoption of radar security systems for the application of highway safety systems and anti-collision systems for trains is expected to contribute to the growth of the market for these applications at the highest rate during the forecast period. The APAC region is expected to grow at the highest rate between 2016 and 2022 The APAC region is expected to grow at the highest CAGR between 2016 and 2022. The main drivers for this growth is countries such as China, India, and Japan are aggressively taking initiatives such as heavy investments in R&D for the development and adoption of radar security systems in the region. Along with this, terrorism is the prime concern for the Asia-Pacific region, owing to which countries in the APAC region are looking to enhance their surveillance and security capabilities. Inquiry Before Buying: http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=135414812 The present market is dominated by the players such as Thales SA (France), Lockheed Martin Corporation (U.S.), Saab AB (Sweden), Raytheon Company (U.S.), and Elbit Systems Ltd. (Israel) among many others. Browse Related Reports Radar Sensor Market by Type (Imaging and Non-Imaging), Technology, Component, Band (HF, VHF, and UHF; L, S, C, and X; Ku, K, Ka, V, and W), Range (Short-Range, Mid-Range, Long-Range), Application, Vertical, and Geography - Global Forecast to 2022 Border Security System Market by Environment (Ground, Aerial, Naval), System (Laser, Radar, Camera, Wide Band Wireless Communication, Perimeter Intrusion, Unmanned Vehicles, C2C, Biometric Systems), and Geography - Global Forecast to 2022 Know More About our Knowledge Store @ http://www.marketsandmarkets.com/Knowledgestore.asp About MarketsandMarkets MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical info graphics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers. 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