Surveillance Radar Market Forecasts to 2030 – Global Analysis By Type (Air to Ground Surveillance Radars, Airborne Maritime Surveillance Radars, Airport Surveillance Radars and Space-Based Synthetic Aperture Radars), Platform (Airborne, Land and Other Pla

Surveillance Radar Market Forecasts to 2030 – Global Analysis By Type (Air to Ground Surveillance Radars, Airborne Maritime Surveillance Radars, Airport Surveillance Radars and Space-Based Synthetic Aperture Radars), Platform (Airborne, Land and Other Platforms), Component (Antennas, Transmitters, Amplifiers and Other Components), Range, Frequency Band, Application and By GeographyAccording to Stratistics MRC, the Global Surveillance Radar Market is accounted for $10.0 billion in 2023 and is expected to reach $22.83 billion by 2030 growing at a CAGR of 12.5% during the forecast period. A Radars main purpose is to scan 360° in azimuth and reporting the range and azimuth of the aircraft within its range. Surveillance radars offer azimuth and elevation data, and when used with secondary surveillance radar (SSR), it is feasible to establish identity and give separation, navigational support, storm warning, and even vectoring of the aircraft into the final approach. Ground radar is used for traffic-control purposes in the approach and landing zone. It helps controllers position aircraft so that they can make low approaches using a fixed-beam, low-approach system or by using a precision radar low-approach system.

According to the Stockholm International Peace Research Institute (SIPRI), despite the pandemic, global defense spending reached USD 1981 billion in 2020. The investments in airport surveillance infrastructure, by the government and airport operators, for complications, like drone intrusion into the airspace increased drastically.

Market Dynamics:

Driver:

Increased financial support for cutting-edge surveillance technology

Defense forces are increasingly requesting technologically superior fighting equipment. While governments throughout the globe concentrate on developing stealth aircraft, they simultaneously make significant investments in cutting-edge surveillance systems to counter stealth technology. Technology like quantum radars and their potential for spying is the subject of research. Low-signature designs and materials that absorb radar waves have no impact on them. These radars can be used in missile defense and space exploration in the future since they cannot be tricked by conventional radar-jamming techniques.

Restraint:

Regulatory obstacles to selling for clients in other countries

Defense firms must abide by a number of laws and standards that have been established by their individual governments on the selling of goods and services. Serious repercussions, such as the enforcement of fines and penalties, the termination of the entire contract, and civil or criminal investigations, might follow a violation of any regulation. Terrorists may be able to develop weapons using cutting-edge technology through the reverse engineering of weapons and systems, resulting in the loss of lives and property. Different penalties are applied to firms to limit the kinds and quantities of technology they can export to foreign nations in order to prevent such a situation from occurring. Trade connections between nations are strained by geopolitical turmoil hampering the growth of the market.

Opportunity:

Development of new airports and upkeep of existing ones

Airport radars are more popular and are used to lessen accidents. Radar technology is improving, making air travel safer and more effective. Governments have invested much in enhancing internal security, including the installation of very advanced airport radars. One of the key reasons propelling the expansion of the worldwide radars market is the construction of both new and existing airports. Airport radar systems have been quickly implemented in response to the rise in passenger jet traffic in order to reduce possible airport threats.

Threat:

High cost of maintenance

High operating efficiency, the use of cutting-edge technology, cross-platform interoperability, and a broad frequency range are all needed for radar. Radars can function in highly challenging conditions, and the failure of any piece of equipment on the battlefield might have disastrous consequences. Thales provided the French, Italian, and British Armies with S1850M radar probe supplies and support in January 2023. For the French, Italian, and British fleets, Thales has a service agreement with OCCAR (Organization for Joint Arms Cooperation). This new important service agreement has three-year duration with a possible extension of another two years.

Covid-19 Impact

The capacity of the world economy to recover from the COVID-19 epidemic has been hindered, at least temporarily, by the conflict between Russia and Ukraine. Economic sanctions from a number of nations, an increase in commodity prices, and supply chain disruptions that had an impact on many global markets were the results of the conflict between the two nations. A new approach to leveraging defense budget and procurement has been influenced by the conflict between Russia and Ukraine. India, China, Canada, Estonia, Iraq, Taiwan, and other countries have made building the required infrastructure for fending off rising threats a top priority for their defense budget which enhanced the growth of the market.

The digital signal processors segment is expected to be the largest during the forecast period

The digital signal processors segment is estimated to have a lucrative growth, due to digital signal processor functioning as a computer and handles all command and control tasks through signal processing. Systems employed analog signal processing methods in the past. Digital signal processors filters are better at controlling output accuracy than analog filters, and their digital implementation is less expensive. In an analog system, reconfiguration is challenging since it requires changing all of the hardware and its individual parts. At the same time, DSP reconfiguration is relatively simple and simply requires flashing code or a DSP program after modifications have been implemented as necessary which in turn enhances the growth of the market.

The defense & space segment is expected to have the highest CAGR during the forecast period

The defense & space segment is anticipated to witness the highest CAGR growth during the forecast period, due to the need for creating and deploying surveillance radars for use in law enforcement and military applications is being fuelled by rising military spending by various nations across the world as a result of international geopolitical concerns. Companies are creating and supplying innovative and cutting-edge solutions to meet the rising demand as a result of governments' consistent investments in bolstering their defense systems.

Region with largest share:

Asia Pacific is projected to hold the largest market share during the forecast period owing to the rising defense spending and a rise in the purchase of next-generation military radars from South Korea, China, and India. Rising spending on improving defense capabilities is a result of an increase in border conflicts, political tensions between nearby nations, and an increase in terrorism. Additionally, the region's rising territorial disputes highlight the need for improved monitoring systems throughout land and maritime boundaries. To attain these goals, countries are investing in the development and purchase of indigenous radar systems which encourages the growth of the market.

Region with highest CAGR:

Europe is projected to have the highest CAGR over the forecast period, due to rising expenditures from the commercial and defense sectors, additionally; the UK surveillance radar market grew at the highest rate in the European Region, while the German surveillance radar business retained the greatest market share. Radar sensor market players will benefit from increased regional manufacturers' investments in infrastructure and manufacturing facilities modernization. Additionally, the rise in industrial automation will encourage market participants to create new sensor technologies and acquire a significant competitive edge.

Key players in the market

Some of the key players profiled in the Surveillance Radar Market include BAE Systems PLC, Raytheon Technologies Corporation, THALES, Saab AB, Leonardo S.p.A, Elbit Systems Ltd, HENSOLDT AG, Lockheed Martin Corporation, Northrop Grumman Corporation, L3 Harris Technologies Inc., Honeywell International, Israel Aerospace Industries Ltd, ASELSAN AS, FLIR Systems Ltd., Blighter Surveillance Systems Ltd, GEM Elettronica, Detect Inc. and EAselsan AS

Key Developments:

In July 2023, Raytheon announced a new mentorship agreement with Node. Digital, a company specializing in digital transformation, intelligent automation and artificial intelligence/machine learning services under the Department of Homeland Security's Mentor-Protégé Program.

In July 2023, Thales announces that it has reached an agreement with Thoma Bravo, a major software investment firm, for the acquisition of 100% of Imperva, a leading US-based data and application cybersecurity company, for an enterprise value of $3.6 billion1.

In January 2023, The United States Air Force Life Cycle Management Center at Hanscom Air Force Base, Mass., awarded a USD 412.6 million contract to Raytheon Missiles & Defense Systems to provide logistics support, engineering services, technical updates, spare parts, and other support under the Taiwan Surveillance Radar Program (AN/FPS-115 PAVE PAWS).

Types Covered:
• Air to Ground Surveillance Radars
• Airborne Maritime Surveillance Radars
• Airport Surveillance Radars
• Battlefield Surveillance Radars
• Coastal Surveillance Radars
• Ground-Based Air Surveillance Radars
• Ground-Based Space Surveillance Radars
• Shipborne Air Surveillance Radars
• Space-Based Synthetic Aperture Radars

Platforms Covered:
• Airborne
• Land
• Naval
• Space
• Other Platforms

Components Covered:
• Antennas
• Transmitters
• Amplifiers
• Duplexers
• Receivers
• Panels
• Digital Signal Processors
• Cameras
• Stabilization System
• Displays
• Other Components

Ranges Covered:
• Very Long Range
• Long-Range Surveillance Radars
• Medium-Range Surveillance Radars
• Short-Range Surveillance Radars
• Very Short Range

Frequency Bands Covered:
• High Frequency (HF)
• Very High Frequency (VHF)
• Ultra High Frequency (UHF)
• C-Bands
• Long-Band
• S-Bands
• X-Bands
• Kurtz-Under Band
• Kurtz-Above Band
• Multi-Band

Applications Covered:
• National Security
• Commercial
• Defense & Space
• Other Applications

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 2021, 2022, 2023, 2026, and 2030
- 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