Surveillance Radars Market Share, Size, Trends, Industry Analysis Report, By Application Type (Commercial, National Security, Military & Defense, Perimeter security, ISR, Hostile Satellites, Aerospace, Maritime, and Others); By Platform; By Component; By

Surveillance Radars Market Share, Size, Trends, Industry Analysis Report, By Application Type (Commercial, National Security, Military & Defense, Perimeter security, ISR, Hostile Satellites, Aerospace, Maritime, and Others); By Platform; By Component; By Range; By Region; Segment Forecast, 2023-2032

The global surveillance radars market size is expected treach USD 18.65 billion by 2032, according ta new study by Polaris Market Research. The report “Surveillance Radars Market Share, Size, Trends, Industry Analysis Report, By Application Type (Commercial, National Security, Military & Defense, Perimeter security, ISR, Hostile Satellites, Aerospace, Maritime and Others); By Platform; By Component; By Range; By Region; Segment Forecast, 2023 - 2032” gives a detailed insight intcurrent market dynamics and provides analysis on future market growth.

The number of contracts between important defense businesses and the government has increased tupgrade military equipment such as tactical radar systems, mobile tactics, light weapons, modern military antennas, and others. In July 2022, The Australian Government invested $2.7 billion in the new Joint Air Battle Management System for Defense, and as part of that investment, CEA Technologies is constructing four new Air Defence radars. The new sensors will be able tidentify aircraft and missile threats at a broad range and with higher accuracy than existing current systems, providing essential real-time information and more time for warning, decision, and reaction. Additionally, the military is using more sophisticated surveillance radar technology. As a result, the market for surveillance radars is anticipated tincrease quickly throughout the given time frame.

Furthermore, the increasing defense expenditures and the rapid advancements in Border Surveillance Systems are boosting the market growth. Better airborne surveillance has been highlighted as a crucial requirement, and the Irish government intends tincrease yearly defense spending by 40% t€1.5 billion by 2028, although ndefinite procurement choices have been made. As a result, the market is growing due trising demand for defense surveillance over weak and attack-prone borders, increasing defense spending by emerging economies, advancing terrorism, and ongoing international conflicts.

Additionally, with the rising demand for missile detection systems and their upgradation, the key players are supporting the market tgrow. In January 2023, Raytheon Technologies Corp will maintain and upgrade Taiwan's long-range missile defense radar system. Toffer logistics support, engineering services, technical updates, replacement parts, and other assistance under the Taiwan Surveillance Radar Program, the U.S. Air Force Life Cycle Management Center has awarded a USD 412.6 million contract tthe Raytheon Missiles & Defense business. Ballistic missiles, cruise missiles, regular military planes, and stealth fighters may all be found and tracked with the technology. Thus, the missile detection system for the defense sector is driving the market's growth.

Surveillance Radars Market Report Highlights

The commercial segment is anticipated tgrow at a significant CAGR over the forecast period due tthe increased need for replacing outdated radar-based air traffic control systems with more modern ones,

The land segment accounted for considerable revenue share. The main purposes of land-based radar systems are border surveillance, vital infrastructure security, and base defense.

The largest share of the airborne radar systems segment is anticipated during the forecast period. Helicopters, aerostats, and unmanned aerial vehicles are used in airborne radar systems.

Asia-Pacific is expected tgrow at a fastest CAGR over the projected period due trising defense spending on naval and land-based military equipment.

The global players include Aselsan, Blighter Surveillance, BAE Systems, DeTect Inc., FLIR Systems, Honeywell International, Israel Aerospace Industries, Lockheed Martin, Raytheon Technologies, Saab AB, & Thales Group.

Polaris Market Research has segmented the Surveillance Radars market report based on application, platform, component, range, and region:

Surveillance Radars, Application Outlook (Revenue - USD Billion, 2019 - 2032)

Commercial

National Security

Military & Defense

Perimeter security

ISR

Hostile Satellites

Aerospace

Maritime

Other

Surveillance Radars, Platform Channel Outlook (Revenue - USD Billion, 2019 - 2032)

Land

Airborne

Naval

Space

Submarines

Combat aircrafts

Unmanned Surface Vehicles

Unmanned Aerial Vehicles

Aerostats

Surveillance Radars, Component Outlook (Revenue - USD Billion, 2019 - 2032)

Antennas

Transmitters

Duplexers

Power Amplifiers

Receivers

Signal Processors

Cameras

Others

Surveillance Radars, Range Outlook (Revenue - USD Billion, 2019 - 2032)

Short Range Surveillance Radar

Medium Range Surveillance Radar

Long-Range Surveillance

Surveillance Radars, Regional Outlook (Revenue - USD Billion, 2019 - 2032)

North America

U.S.

Canada

Europe

Germany

UK

France

Italy

Spain

Russia

Netherlands

Asia Pacific

China

India

Japan

South Korea

Indonesia

Malaysia

Latin America

Argentina

Brazil

Mexico

Middle East & Africa

UAE

Saudi Arabia

Israel

South Africa