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The global air and missile defence radar (AMDR) market was 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. Increased concerns towards prevention from ballistic and stealth missiles, target racking and early warning, airborne fire control, surveillance, and ground mapping, among others, are driving the demand for AMDRs across the globe.

PUNE, India, May 17, 2016 /PR Newswire India/ -- Air and Missile Defense Radar Market Worth 12.52 Billion USD by 2021.