Airborne Radar Market - By Frequency Band (L-band, S-band, C-band, X-band, KU-band, KA-band, Multi-band), By Installation Type (New Installation, Retrofit), By Range, By Application, By End Use, Forecast 2023 - 2032

Airborne Radar Market - By Frequency Band (L-band, S-band, C-band, X-band, KU-band, KA-band, Multi-band), By Installation Type (New Installation, Retrofit), By Range, By Application, By End Use, Forecast 2023 - 2032

Airborne Radar Market size is set to expand at more than 9% CAGR from 2023 to 2032 attributed to the surge in the ongoing defense spending and the increasing modernization initiatives globally. Several developing nations, particularly major defense spenders like the U.S., China, and Europe are investing substantially in upgrading their military capabilities and the integration of advanced airborne radar systems to enhance situational awareness, target detection, and overall mission effectiveness. The increasing need for accurate, real-time information in complex operational environments is also driving the popularity of modern radar technologies, such as AESA (Active Electronically Scanned Array) radar.

Moreover, the surging focus of industry participants on radar technology development to offer improved performance and capabilities will propel the market expansion. To cite an instance, in April 2023, HENSOLDT, an independent sensor business, introduced a new aerial multi-mission surveillance radar to provide military forces and border security agencies with superior situational awareness and rapid response times.

The airborne radar industry is segmented into frequency band, installation type, application, range, end-use, and region.

Based on installation type, the market size from the new installation segment is foreseen to attain more than 8% CAGR from 2023 to 2032. The rising demand for emerging installations, such as drone-based radar systems and compact airborne radar units is contributing to the increasing application of airborne radar in defense, surveillance, and civil aviation. Furthermore, the ongoing technological advancements to address the challenges and maximize radar capabilities in the aerospace and defense sectors will bolster the segment growth.

Airborne radar market from the commercial aircraft end-use segment is expected to gain momentum from 2023-2032. The expansion of the global air travel industry is contributing to the escalating reliance of commercial aircraft on sophisticated airborne radar technology. The increasing airspace congestion and the incessant need for real-time, precise data to ensure the safety and efficiency of commercial air travel will also fuel the segment expansion.

Regionally, the North America airborne radar industry is poised to exhibit over 9% growth rate during 2023-2032. Countries, such as the U.S. is investing heavily in military modernization programs for fostering the development and procurement of advanced airborne radar technologies. For instance, in June 2023, the National Science Foundation (NSF) granted $91.8 million in funding to the National Center for Atmospheric Research (NCAR) for a next-generation airborne radar to boost the capacity to detect, recognize, and predict high-impact weather events. Additionally, the presence of geopolitical landscape and the dire need for enhanced surveillance capabilities are also likely to augment the regional industry outlook.