Global Surveillance Radar Market to Reach US$15.4 Billion by 2030
The global market for Surveillance Radar estimated at US$9.7 Billion in the year 2023, is expected to reach US$15.4 Billion by 2030, growing at a CAGR of 6.8% over the analysis period 2023-2030. Long Range Radar, one of the segments analyzed in the report, is expected to record a 7.9% CAGR and reach US$7.9 Billion by the end of the analysis period. Growth in the Medium Range Radar segment is estimated at 4.4% CAGR over the analysis period.
The U.S. Market is Estimated at US$2.6 Billion While China is Forecast to Grow at 6.3% CAGR
The Surveillance Radar market in the U.S. is estimated at US$2.6 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$2.4 Billion by the year 2030 trailing a CAGR of 6.3% over the analysis period 2023-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 6.2% and 5.5% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 5.0% CAGR.
Global Surveillance Radar Market - Key Trends and Drivers Summarized
Why Is Surveillance Radar Essential for Modern Security Operations?
Surveillance radar systems are essential tools for detecting, tracking, and monitoring potential threats in both military and civilian applications. These radars provide real-time information on the location, speed, and movement of objects, making them invaluable for border surveillance, air traffic control, maritime monitoring, and critical infrastructure protection. The increasing need for border security, perimeter surveillance, and airspace management is driving the demand for advanced surveillance radar systems that offer enhanced detection capabilities, long-range coverage, and high accuracy. Governments and defense agencies worldwide are investing in surveillance radars to protect national borders, detect unauthorized intrusions, and ensure public safety. The rising incidence of asymmetric warfare, terrorism, and smuggling activities is further propelling the adoption of surveillance radars in both military and homeland security applications.
How Are Technological Advancements Enhancing Surveillance Radar Capabilities?
Technological advancements in radar systems, such as synthetic aperture radar (SAR), phased array radar, and multi-mode radar, are significantly enhancing the capabilities of surveillance radars. These advancements are providing greater detection accuracy, longer range, and improved target identification capabilities, making them more effective in complex and dynamic environments. The integration of AI and machine learning in radar systems is enabling real-time data processing, predictive analysis, and automated threat detection, reducing the need for manual intervention and enhancing operational efficiency. The development of compact and mobile radar solutions is also gaining traction, offering greater flexibility and adaptability for deployment in diverse terrains and scenarios. Furthermore, advancements in radar imaging and resolution technologies are improving the ability to detect and classify small and low-profile targets, such as drones and stealth aircraft, enhancing overall situational awareness.
Which Market Segments Are Driving the Demand for Surveillance Radar Systems?
The surveillance radar market is segmented by type, application, end-use industry, and region. Types of radar include ground-based, airborne, maritime, and space-based radars, each designed for specific surveillance needs and environments. Ground-based radars are widely used for border security, critical infrastructure protection, and ground surveillance, while airborne radars are essential for air traffic control, reconnaissance, and search and rescue missions. End-use industries such as defense, homeland security, transportation, and critical infrastructure protection are major users of surveillance radars due to their need for comprehensive threat detection and monitoring capabilities. The rising demand for counter-drone and counter-UAS (unmanned aerial systems) radars is also contributing to the market growth, as these systems become essential for protecting sensitive sites and public spaces from drone-based threats.
What Are the Key Drivers of Growth in the Surveillance Radar Market?
The growth in the surveillance radar market is driven by several factors, including advancements in radar technologies, increasing demand for border and perimeter security, and the rising need for air traffic management and critical infrastructure protection. The development of advanced radar systems with multi-mode, phased array, and synthetic aperture radar capabilities is enhancing their effectiveness in detecting and tracking diverse threats, including low-profile and stealth targets. The growing focus on counter-drone solutions and the need to detect and mitigate small, low-altitude threats are expanding the market for surveillance radars. The increasing investments in smart city development and urban security are driving the demand for compact and mobile radar systems. Additionally, the integration of AI and machine learning for real-time threat detection and analysis is further supporting market growth by enabling more accurate and timely responses to potential threats.
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