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The APAC Land ISR Radar Market is Currently Experiencing Peak of its Spending Cycle Finds Frost & Sullivan - APAC land-based intelligence, surveillance, and reconnaissance (ISR) radar market is at its peak spending cycle due to the simultaneous adoption of programmes by leading countries such as South Korea, Japan and Taiwan
The APAC Land ISR Radar Market is Currently Experiencing Peak of its Spending Cycle Finds Frost & Sullivan

 

NewswireToday - /newswire/ - Singapore, Singapore, 2010/04/27 - APAC land-based intelligence, surveillance, and reconnaissance (ISR) radar market is at its peak spending cycle due to the simultaneous adoption of programmes by leading countries such as South Korea, Japan and Taiwan.

   
 
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Currently, the Asia Pacific (APAC) land-based intelligence, surveillance, and reconnaissance (ISR) radar market is at its peak spending cycle due to the simultaneous adoption of programmes by leading countries such as South Korea, Japan and Taiwan. All the leading countries in Asia Pacific are on the verge of transforming their air and missile defence (AMD) systems through integrating the AMD radar and command and control networks by 2011, triggering a spending boost on radar systems.

New analysis from Frost & Sullivan (aerospace.frost.com), APAC Land ISR- Radar Market Assessment, finds that after 2011, new procurement of radar systems for AMD purpose is envisaged to dwindle down until 2015, except for technology insertions and upgrades. The markets covered in this research are land-based air defence and missile defence radars.

"Active electronically scanned array (AESA) radar is capable of much faster scanning through steering the radar beam at nearly the speed of light, giving unmatched picture resolution. This is the radar of the future for all AMD systems and aircrafts in most APAC countries which are looking at upgrading their legacy systems," says Frost & Sullivan Research Analyst Sabbir Ahmed.

The Asia Pacific region has witnessed substantial increase in defence expenditure since 2005 to match the region's economic performance, thereby enabling it to spend on upgrading existing radar systems and purchasing new ones. This has also resulted in a new impetus towards acquiring more ground-based air defence systems as a part of the multi-layered AMD capability.

There has also been increased drive towards integrating land-based radar systems with that of airborne and ship-borne systems for a unified AMD command. The threat scenario that the region's most affluent countries experience has drove them to acquire such radars substantially, overlooking current economic crisis.

If you are interested in more information on this study, please send an email to Donna Jeremiah, Corporate Communications, at djeremiah[.]frost.com, with your full name, company name, title, telephone number, company email address, company website, city, state and country.

APAC Land ISR- Radar Market Assessment is part of the Defense Growth Partnership Services programme, which also includes research in the following markets: The European Land-ISR Radar Market and The Middle East Land-ISR Radar Market. All research services included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best-practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from 40 offices on six continents.

APAC Land ISR- Radar Market Assessment / M4C6

 
 
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The APAC Land ISR Radar Market is Currently Experiencing Peak of its Spending Cycle Finds Frost & Sullivan

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