Air and Missile Defense Radar Market Forecasts to 2028 – Global Analysis By Platform (Airborne, Land based and Naval based), Radar Type (X Band Radars and S Band Radars), Range (Short range, Medium range and Long range strategic system), Application (Conventional and Ballistic Missile Defense) and By Geography
According tStratistics MRC, the Global Air and Missile Defense Radar Market is accounted for $15.01 billion in 2022 and is expected treach $25.66 billion by 2028 growing at a CAGR of 9.34% during the forecast period. Incoming aerial threats like aircraft, missiles, and drones can all be detected, tracked, and identified using air and missile defense radar systems. These systems, which can be integrated intlarger defense systems for all-encompassing defense, use cutting-edge radar technology tdetect and track objects in the air. These systems have a variety of uses, including missile defense, coastal defense, and air defense.
Market Dynamics:
Driver:
Increasing cross border tensions and rising defense budget
Increased cross-border conflicts over the past ten years, including those between China and Taiwan, Russia and Ukraine, Israel and Palestine, and many others, have altered the governmental strategies of neighboring nations as well. For instance, the Canadian government planned tinvest USD 4.9 billion in June 2022 tupgrade the country's ten-year-old radar systems. Along with new purchases, nations have started working together tgain a tactical advantage over rivals. For instance, the Indian government pushed Bangladesh texpedite the installation of coastline radars in Bangladesh in September 2022. As a result, the demand for AMDR has increased globally due tan increase in conflicts.
Restraint:
Stringent regulations and high cost
The North Atlantic Treaty Organization (NATO) changed the military requirements for radar systems in addition trepairs and upkeep. Therefore, all members must install/update new capabilities tenable full interoperability during joint operations with other NATO nations in order tmeet NATO standards. Therefore, the development of the air and missile defense radar market may be hampered by changing military standards and defense radar maintenance costs.
Opportunity:
Expansion of the military and defence sector in emerging economies
Due trising military spending in both developed and developing countries, air and missile defense radars are being used more frequently in the military and defense sector. Growing demand for air and missile defense radar tstop the ballistic missile attack is assisting the market. The demand for air and missile defense radars is likely tincrease during the forecast period as a result of the escalating territorial disputes between the continents. Additionally, growing funding for the creation of short, medium and long-range defense systems in the upcoming years will alssupport the market expansion
Threat:
Component failures
Broad frequency bands, user-oriented advanced systems, higher operational efficiency, and platform compatibility are all requirements for radar systems. Radars must occasionally operate in challenging environmental conditions, which can cause internal parts tmalfunction. For instance, the Ballistic Missile Defense Systems (BMDS) program of the U.S. Department of Defense has requested nearly USD 200 million for the upgrade, repair, and maintenance of 12 radars for FY 2023. Such failures are likely timpede market growth.
Covid-19 Impact
The impact of COVID-19 on the global market for air and missile defense radars has been significant. Many nations have revised their procurement plans and rearranged their priorities as a result of the COVID-19 pandemic. For instance, the delivery of the Long Frequency Discrimination Radar in the United States was delayed by almost a year (LRDR). The main contractor for the contract was Lockheed Martin. Israel alsexperienced a delay of nearly a year in purchasing the INS Magen from Germany under a USD 466 million agreement. The OEMs have alsexperienced significant difficulties completing ongoing projects on time due tCOVID-19-related restrictions.
The ballistic missile defense segment is expected tbe the largest during the forecast period
Over the forecast period, the ballistic missile defense segment is expected thold the largest market share. The United Kingdom announced in March 2022 that it would purchase one S band ballistic missiles defense radar from the United States as part of a 700 million dollar contract. Due tincreased investment from defense agencies around the world, conventional radars are anticipated tsee a slight increase.
The X band radars segment is expected thave the highest CAGR during the forecast period
Due ttheir long-range ballistic missile detection and tracking, the X band radars segment is expected thave the highest CAGR during the forecast period. Because of this, some nations have recently integrated x-band radar inttheir naval platforms. Radar technology advancements have significantly aided military, marine, and airborne radar systems in their ability tidentify and track unidentified aircraft, ships, and land vehicles.
Region with largest share:
Due tbeing the largest military spender globally for air and missile defense radar system investments for the purposes of surveillance and border security, North America is expected thold the largest share of the market over the forecast period. Canada announced plans tspend USD 4.9 billion tupgrade its national radar defense system. The U.S. navy's increased investment in the acquisition and modernization of a fleet of destroyers is responsible for the expansion of the naval segment. Additionally, the presence of significant key players will alshelp the air and missile defense radar system market in the region grow.
Region with highest CAGR:
Due thigher defense spending by nations like China, India, and Japan, the Asia Pacific market is anticipated tgrow at the highest rate over the forecast period. Rising cross-border tensions between China and Taiwan, India and China, South and North Korea, and others will spur market expansion. Taiwan and the United States agreed ta deal in August 2022 tpurchase a Patriot 3 air defense system worth USD 83 million. The contract calls for the upgrade of current systems from Patriot-2 tPatriot-3, which has long-range missiles. Such elements are promoting growth in this region.
Key players in the market
Some of the key players profiled in the Air and Missile Defense Radar Market include AIRBUS SAS, BAE Systems PLC, Boeing Company, The Cobham PLC, Honeywell International, Inc., Israel Aerospace Industries, Kelvin Hughes Ltd., LeonardS.p.A., Lockheed Martin Corporation, Northrop Grumman Corporation, Raytheon Company, Reutech Radar Systems, Rheinmetall AG, Rockwell Collins, Inc., SAAB AB and Thales Group.
Key Developments:
In October 2022, the U.S. announced the sale of the National Advanced Surface-to-Air Missile System (NASAMAS) tKuwait at USD 3 billion. NASAMAS will be manufactured by Kongsberg Defense and Aerospace and Raytheon Technologies.
In July 2022, the Defense Ministry of U.K. planned tspend USD 2.7 billion tupgrade radars and other systems on Typhoon jets. Typhoon jets will be upgraded with ECRS Mk 2 radars.
In May 2022, India claimed tprocure 12 Swathi radars for tracking and surveillance of weapons near the India-China border. Swathi has the capability ttrack shells, mortars, and rockets within 50 kilometers of range.
Platforms Covered:
• Airborne
• Land based
• Naval based
Radar Types Covered:
• X Band Radars
• S Band Radars
Ranges Covered:
• Short range
• Medium range
• Long range
Applications Covered:
• Conventional
• Ballistic Missile Defense
Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
- 1 Executive Summary
- 2 Preface
- 2.1 Abstract
- 2.2 Stake Holders
- 2.3 Research Scope
- 2.4 Research Methodology
- 2.4.1 Data Mining
- 2.4.2 Data Analysis
- 2.4.3 Data Validation
- 2.4.4 Research Approach
- 2.5 Research Sources
- 2.5.1 Primary Research Sources
- 2.5.2 Secondary Research Sources
- 2.5.3 Assumptions
- 3 Market Trend Analysis
- 3.1 Introduction
- 3.2 Drivers
- 3.3 Restraints
- 3.4 Opportunities
- 3.5 Threats
- 3.6 Application Analysis
- 3.7 Emerging Markets
- 3.8 Impact of Covid-19
- 4 Porters Five Force Analysis
- 4.1 Bargaining power of suppliers
- 4.2 Bargaining power of buyers
- 4.3 Threat of substitutes
- 4.4 Threat of new entrants
- 4.5 Competitive rivalry
- 5 Global Air and Missile Defense Radar Market, By Platform
- 5.1 Introduction
- 5.2 Airborne
- 5.3 Land based
- 5.4 Naval based
- 6 Global Air and Missile Defense Radar Market, By Radar Type
- 6.1 Introduction
- 6.2 X Band Radars
- 6.3 S Band Radars
- 7 Global Air and Missile Defense Radar Market, By Range
- 7.1 Introduction
- 7.2 Short range
- 7.3 Medium range
- 7.4 Long range
- 8 Global Air and Missile Defense Radar Market, By Application
- 8.1 Introduction
- 8.2 Conventional
- 8.3 Ballistic Missile Defense
- 9 Global Air and Missile Defense Radar Market, By Geography
- 9.1 Introduction
- 9.2 North America
- 9.2.1 US
- 9.2.2 Canada
- 9.2.3 Mexico
- 9.3 Europe
- 9.3.1 Germany
- 9.3.2 UK
- 9.3.3 Italy
- 9.3.4 France
- 9.3.5 Spain
- 9.3.6 Rest of Europe
- 9.4 Asia Pacific
- 9.4.1 Japan
- 9.4.2 China
- 9.4.3 India
- 9.4.4 Australia
- 9.4.5 New Zealand
- 9.4.6 South Korea
- 9.4.7 Rest of Asia Pacific
- 9.5 South America
- 9.5.1 Argentina
- 9.5.2 Brazil
- 9.5.3 Chile
- 9.5.4 Rest of South America
- 9.6 Middle East & Africa
- 9.6.1 Saudi Arabia
- 9.6.2 UAE
- 9.6.3 Qatar
- 9.6.4 South Africa
- 9.6.5 Rest of Middle East & Africa
- 10 Key Developments
- 10.1 Agreements, Partnerships, Collaborations and Joint Ventures
- 10.2 Acquisitions & Mergers
- 10.3 New Product Launch
- 10.4 Expansions
- 10.5 Other Key Strategies
- 11 Company Profiling
- 11.1 AIRBUS SAS
- 11.2 BAE Systems PLC
- 11.3 Boeing Company, The
- 11.4 Cobham PLC
- 11.5 Honeywell International, Inc.
- 11.6 Israel Aerospace Industries
- 11.7 Kelvin Hughes Ltd.
- 11.8 Leonardo S.p.A.
- 11.9 Lockheed Martin Corporation
- 11.10 Northrop Grumman Corporation
- 11.11 Raytheon Company
- 11.12 Reutech Radar Systems
- 11.13 Rheinmetall AG
- 11.14 Rockwell Collins, Inc.
- 11.15 SAAB AB
- 11.16 Thales Group
- List of Tables
- Table 1 Global Air and Missile Defense Radar Market Outlook, By Region (2020-2028) ($MN)
- Table 2 Global Air and Missile Defense Radar Market Outlook, By Platform (2020-2028) ($MN)
- Table 3 Global Air and Missile Defense Radar Market Outlook, By Airborne (2020-2028) ($MN)
- Table 4 Global Air and Missile Defense Radar Market Outlook, By Land based (2020-2028) ($MN)
- Table 5 Global Air and Missile Defense Radar Market Outlook, By Naval based (2020-2028) ($MN)
- Table 6 Global Air and Missile Defense Radar Market Outlook, By Radar Type (2020-2028) ($MN)
- Table 7 Global Air and Missile Defense Radar Market Outlook, By X Band Radars (2020-2028) ($MN)
- Table 8 Global Air and Missile Defense Radar Market Outlook, By S Band Radars (2020-2028) ($MN)
- Table 9 Global Air and Missile Defense Radar Market Outlook, By Range (2020-2028) ($MN)
- Table 10 Global Air and Missile Defense Radar Market Outlook, By Short range (2020-2028) ($MN)
- Table 11 Global Air and Missile Defense Radar Market Outlook, By Medium range (2020-2028) ($MN)
- Table 12 Global Air and Missile Defense Radar Market Outlook, By Long range (2020-2028) ($MN)
- Table 13 Global Air and Missile Defense Radar Market Outlook, By Application (2020-2028) ($MN)
- Table 14 Global Air and Missile Defense Radar Market Outlook, By Conventional (2020-2028) ($MN)
- Table 15 Global Air and Missile Defense Radar Market Outlook, By Ballistic Missile Defense (2020-2028) ($MN)
- Table 16 North America Air and Missile Defense Radar Market Outlook, By Country (2020-2028) ($MN)
- Table 17 North America Air and Missile Defense Radar Market Outlook, By Platform (2020-2028) ($MN)
- Table 18 North America Air and Missile Defense Radar Market Outlook, By Airborne (2020-2028) ($MN)
- Table 19 North America Air and Missile Defense Radar Market Outlook, By Land based (2020-2028) ($MN)
- Table 20 North America Air and Missile Defense Radar Market Outlook, By Naval based (2020-2028) ($MN)
- Table 21 North America Air and Missile Defense Radar Market Outlook, By Radar Type (2020-2028) ($MN)
- Table 22 North America Air and Missile Defense Radar Market Outlook, By X Band Radars (2020-2028) ($MN)
- Table 23 North America Air and Missile Defense Radar Market Outlook, By S Band Radars (2020-2028) ($MN)
- Table 24 North America Air and Missile Defense Radar Market Outlook, By Range (2020-2028) ($MN)
- Table 25 North America Air and Missile Defense Radar Market Outlook, By Short range (2020-2028) ($MN)
- Table 26 North America Air and Missile Defense Radar Market Outlook, By Medium range (2020-2028) ($MN)
- Table 27 North America Air and Missile Defense Radar Market Outlook, By Long range (2020-2028) ($MN)
- Table 28 North America Air and Missile Defense Radar Market Outlook, By Application (2020-2028) ($MN)
- Table 29 North America Air and Missile Defense Radar Market Outlook, By Conventional (2020-2028) ($MN)
- Table 30 North America Air and Missile Defense Radar Market Outlook, By Ballistic Missile Defense (2020-2028) ($MN)
- Table 31 Europe Air and Missile Defense Radar Market Outlook, By Country (2020-2028) ($MN)
- Table 32 Europe Air and Missile Defense Radar Market Outlook, By Platform (2020-2028) ($MN)
- Table 33 Europe Air and Missile Defense Radar Market Outlook, By Airborne (2020-2028) ($MN)
- Table 34 Europe Air and Missile Defense Radar Market Outlook, By Land based (2020-2028) ($MN)
- Table 35 Europe Air and Missile Defense Radar Market Outlook, By Naval based (2020-2028) ($MN)
- Table 36 Europe Air and Missile Defense Radar Market Outlook, By Radar Type (2020-2028) ($MN)
- Table 37 Europe Air and Missile Defense Radar Market Outlook, By X Band Radars (2020-2028) ($MN)
- Table 38 Europe Air and Missile Defense Radar Market Outlook, By S Band Radars (2020-2028) ($MN)
- Table 39 Europe Air and Missile Defense Radar Market Outlook, By Range (2020-2028) ($MN)
- Table 40 Europe Air and Missile Defense Radar Market Outlook, By Short range (2020-2028) ($MN)
- Table 41 Europe Air and Missile Defense Radar Market Outlook, By Medium range (2020-2028) ($MN)
- Table 42 Europe Air and Missile Defense Radar Market Outlook, By Long range (2020-2028) ($MN)
- Table 43 Europe Air and Missile Defense Radar Market Outlook, By Application (2020-2028) ($MN)
- Table 44 Europe Air and Missile Defense Radar Market Outlook, By Conventional (2020-2028) ($MN)
- Table 45 Europe Air and Missile Defense Radar Market Outlook, By Ballistic Missile Defense (2020-2028) ($MN)
- Table 46 Middle East & Africa Air and Missile Defense Radar Market Outlook, By Country (2020-2028) ($MN)
- Table 47 Asia Pacific Air and Missile Defense Radar Market Outlook, By Platform (2020-2028) ($MN)
- Table 48 Asia Pacific Air and Missile Defense Radar Market Outlook, By Airborne (2020-2028) ($MN)
- Table 49 Asia Pacific Air and Missile Defense Radar Market Outlook, By Land based (2020-2028) ($MN)
- Table 50 Asia Pacific Air and Missile Defense Radar Market Outlook, By Naval based (2020-2028) ($MN)
- Table 51 Asia Pacific Air and Missile Defense Radar Market Outlook, By Radar Type (2020-2028) ($MN)
- Table 52 Asia Pacific Air and Missile Defense Radar Market Outlook, By X Band Radars (2020-2028) ($MN)
- Table 53 Asia Pacific Air and Missile Defense Radar Market Outlook, By S Band Radars (2020-2028) ($MN)
- Table 54 Asia Pacific Air and Missile Defense Radar Market Outlook, By Range (2020-2028) ($MN)
- Table 55 Asia Pacific Air and Missile Defense Radar Market Outlook, By Short range (2020-2028) ($MN)
- Table 56 Asia Pacific Air and Missile Defense Radar Market Outlook, By Medium range (2020-2028) ($MN)
- Table 57 Asia Pacific Air and Missile Defense Radar Market Outlook, By Long range (2020-2028) ($MN)
- Table 58 Asia Pacific Air and Missile Defense Radar Market Outlook, By Application (2020-2028) ($MN)
- Table 59 Asia Pacific Air and Missile Defense Radar Market Outlook, By Conventional (2020-2028) ($MN)
- Table 60 Asia Pacific Air and Missile Defense Radar Market Outlook, By Ballistic Missile Defense (2020-2028) ($MN)
- Table 61 South America Air and Missile Defense Radar Market Outlook, By Country (2020-2028) ($MN)
- Table 62 South America Air and Missile Defense Radar Market Outlook, By Platform (2020-2028) ($MN)
- Table 63 South America Air and Missile Defense Radar Market Outlook, By Airborne (2020-2028) ($MN)
- Table 64 South America Air and Missile Defense Radar Market Outlook, By Land based (2020-2028) ($MN)
- Table 65 South America Air and Missile Defense Radar Market Outlook, By Naval based (2020-2028) ($MN)
- Table 66 South America Air and Missile Defense Radar Market Outlook, By Radar Type (2020-2028) ($MN)
- Table 67 South America Air and Missile Defense Radar Market Outlook, By X Band Radars (2020-2028) ($MN)
- Table 68 South America Air and Missile Defense Radar Market Outlook, By S Band Radars (2020-2028) ($MN)
- Table 69 South America Air and Missile Defense Radar Market Outlook, By Range (2020-2028) ($MN)
- Table 70 South America Air and Missile Defense Radar Market Outlook, By Short range (2020-2028) ($MN)
- Table 71 South America Air and Missile Defense Radar Market Outlook, By Medium range (2020-2028) ($MN)
- Table 72 South America Air and Missile Defense Radar Market Outlook, By Long range (2020-2028) ($MN)
- Table 73 South America Air and Missile Defense Radar Market Outlook, By Application (2020-2028) ($MN)
- Table 74 South America Air and Missile Defense Radar Market Outlook, By Conventional (2020-2028) ($MN)
- Table 75 South America Air and Missile Defense Radar Market Outlook, By Ballistic Missile Defense (2020-2028) ($MN)
- Table 76 Middle East & Africa Air and Missile Defense Radar Market Outlook, By Country (2020-2028) ($MN)
- Table 77 Middle East & Africa Air and Missile Defense Radar Market Outlook, By Platform (2020-2028) ($MN)
- Table 78 Middle East & Africa Air and Missile Defense Radar Market Outlook, By Airborne (2020-2028) ($MN)
- Table 79 Middle East & Africa Air and Missile Defense Radar Market Outlook, By Land based (2020-2028) ($MN)
- Table 80 Middle East & Africa Air and Missile Defense Radar Market Outlook, By Naval based (2020-2028) ($MN)
- Table 81 Middle East & Africa Air and Missile Defense Radar Market Outlook, By Radar Type (2020-2028) ($MN)
- Table 82 Middle East & Africa Air and Missile Defense Radar Market Outlook, By X Band Radars (2020-2028) ($MN)
- Table 83 Middle East & Africa Air and Missile Defense Radar Market Outlook, By S Band Radars (2020-2028) ($MN)
- Table 84 Middle East & Africa Air and Missile Defense Radar Market Outlook, By Range (2020-2028) ($MN)
- Table 85 Middle East & Africa Air and Missile Defense Radar Market Outlook, By Short range (2020-2028) ($MN)
- Table 86 Middle East & Africa Air and Missile Defense Radar Market Outlook, By Medium range (2020-2028) ($MN)
- Table 87 Middle East & Africa Air and Missile Defense Radar Market Outlook, By Long range (2020-2028) ($MN)
- Table 88 Middle East & Africa Air and Missile Defense Radar Market Outlook, By Application (2020-2028) ($MN)
- Table 89 Middle East & Africa Air and Missile Defense Radar Market Outlook, By Conventional (2020-2028) ($MN)
- Table 90 Middle East & Africa Air and Missile Defense Radar Market Outlook, By Ballistic Missile Defense (2020-2028) ($MN)
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