Military Radar Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Military Radar Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Growth Factors of Military Radar Market

The military radar market size was valued at USD 35.58 billion in 2023, and the market is now projected to grow from USD 46.07 billion in 2024 to USD 211.12 billion by 2032, exhibiting a CAGR of 20.96% during the forecast period of 2024-2032.

The continuing confrontation between Russia and Ukraine has elevated the want for superior radar and agility for particular operations. During the battle, numerous nations focused on modernizing and increasing their military capabilities, specifically radar structures. This may improve call for military radar market growth and era for each shielding and offensive uses.

Governments are upgrading national defenses to prevent potential threats and attacks. Radar technology enhances national defense and security by detecting foreign objects entering the country's territory. A radar system sends a high-frequency signal across a specific range. Signals are returned to the target once they enter a frequency bubble in these systems. This information helps determine a target's relative location and speed.

Raytheon Technologies, Thales Group, Saab AB, and Israel Aerospace Industries are enhancing their army radar systems to meet excessive-precision, prolonged-range detection necessities. They provide current radars, which include over-the-horizon long-range, three-D-enabled, and energetic electronically scanned array (AESA) radars. Over-the-horizon radars can pick out items at a way longer ranges than traditional radars. These radars can test land, air, and sea. They operate in the HF band and hire numerous antennas to transmit electromagnetic waves throughout massive distances.

Comprehensive Analysis of Military Radar Market

The military radar marketplace is divided into components together with transmitter, antenna, receiver, and duplexer. The antenna section is predicted to develop the quickest, with the largest market percentage in 2023. The transmitter section is predicted to develop 2nd due to higher existence expectancy and operational efficiency. The marketplace is categorised into C-Band, S-Band, X-Band, L-Band, UHF/VHF, and Ku/K/Ka-Band. The long phase is expected to be the quickest-developing due to its wider surveillance scope. The brief phase is predicted to develop due to technological advancements in battlefield risk detection and mitigation systems. The marketplace is also categorised into airborne radar, land radar, and naval radar. The application of the marketplace is categorized into weapon guidance, airspace tracking and traffic management, airborne mapping, floor surveillance and intruder detection, and navigation.

The North America region lead the military radar market share by benefitting a market size of USD 13.62 billion in 2023 due to expanded investment and the presence of many manufacturers inside the vicinity. North America led the market in 2023. The marketplace become worth USD 13.62 billion in 2023 and is expected to develop gradually at some point of the forecast period. The United States had the biggest defense spending in 2023.

There are multiple important participants in the industry, each having a strong product and brand portfolio. To stay competitive, businesses in the defense sector and military radar market use numerous techniques. In June 2022, Leonardo DRS and RADA merged, establishing themselves as leaders in advanced detection and force protection. RADA Electronic Industries Ltd. is a renowned Israeli producer of small-form tactical radars. RADA's sophisticated radars enhance Leonardo DRS's tactical position as an air defense, counter I-JAS, and vehicle protection integrator. This accelerates the company's evolution into an integrated sensor systems supplier and leader in advanced sensing and force protection.

In July 2023, BAE Systems and Leonardo U.K. Had been granted a 5-year contract to update the radar competencies of the RAF Typhoon fighter jet. The plane could be ready with the European Common Radar System ECRSM2, one of the maximum state-of-the-art radars across the world. The overall value of the arrangement was about USD 958.9 million.

Segmentation Table

Attribute Details

Study Period 2019-2032

Base Year 2023

Estimated Yea 2024

Forecast Period 2024-2032

Historical Period 2019-2022

Growth Rate CAGR of 20.96% from 2024 to 2032

Unit Value (USD Billion)

Segmentation By Component

Transmitter

Antenna

Receiver

Duplexer

Others

By Frequency

C-Band

S-Band

X-Band

L-Band

UHF/VHF

Ku/K/Ka-Band

By Range

Long

Medium

Short

Very Short

By Platform

Airborne Radar

Land Radar

Naval Radar

By Application

Weapon Guidance

Airspace Monitoring & Traffic Management

Airborne Mapping

Ground Surveillance & Intruder Detection

Navigation

Others

By Geography

North America (By Component, By Frequency, By Range, By Platform, By Application, and By Country)

U.S. (By Platform)

Canada (By Platform)

Europe (By Component, By Frequency, By Range, By Platform, By Application, and By Country)

U.K. (By Platform)

Germany (By Platform)

France (By Platform)

Italy (By Platform)

Russia (By Platform)

Rest of Europe (By Platform)

Asia Pacific (By Component, By Frequency, By Range, By Platform, By Application, and By Country)

China (By Platform)

India (By Platform)

Japan (By Platform)

Australia (By Platform)

Rest of Asia Pacific (By Platform)

Rest of the World (By Platform, By Range, By Application, By Frequency, By Component, and By Sub-Region)

Latin America (By Platform)

Middle East (By Platform)


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