Global Military Radars Market Forecast 2024-2033 – Market Size, Drivers, Trends, And Competitors einnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from einnews.com Daily Mail and Mail on Sunday newspapers.
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This report provides strategists, marketers and senior management with the critical information they need to assess the global commercial radars market as it emerges from the COVID-19 shut down.
The global commercial radars market is expected to grow from $9 billion in 2020 to $9.44 billion in 2021 at a compound annual growth rate (CAGR) of 4.9%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $11.26 billion in 2025 at a CAGR of 4.5%.