Air and Missile Defense Radar (AMDR)
US EVERY YEAR FOR THEIR
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Air and Missile Defense Radar (AMDR) Market by Range (Short,
Medium, Long & Strategic System), Application (Ballistic Missile
Defense, Conventional), Platform (Ground Based, Naval, Airborne) &
by Region - Global Forecast to 2021
The AMDR market is estimated to be valued at USD 8.79 Billion in 2016 and is projected to reach
USD 12.52 Billion by 2021, at a CAGR of 7.34% from 2016 to 2021. The report considers the
following segments to define, describe, and forecast the AMDR market: By Platform (ground-based,
naval-based, airborne), By Range (short range, medium range and long range strategic system), By
Application (conventional and ballistic missile defense) and By Region (North America, Europe, Asia-
Pacific, Middle East and Africa, Rest of the World).
Years considered for this study are 2014 as the base year and the projections are made up to 2021.
Radars play a vital role in the defense industry. For instance, the United States has an elaborate
ballistic missile early warning system (BMEWS) to detect incoming missiles. Multifunctional radars
are the upcoming technological advancements in the surveillance industry that have huge potential
to drive this market globally.
The research methodology used to estimate and forecast the AMDR market begins with capturing
data on key AMDR equipment revenues through secondary research. The AMDR system offerings
are also taken into consideration to determine the market segmentation. The bottom-up procedure
was employed to arrive at the overall market size of the global AMDR market from the revenue of
key players in the market. After arriving at the overall market size, the total market was split into
several segments and subsegments that are then verified through primary research by conducting