The Global Military Radar Market size was valued at USD 18.63 Billion in 2022 and is expected to surpass USD 35.72 Billion by 2031, expanding at a CAGR of 7.5% during the forecast period, 2023 – 2031. The growth of the market is attributed to improvements in border safety globally.
Radio detection and ranging system (RADAR) is an object detection device that uses radio waves to determine the speed, direction, and altitude of the objects. The radio waves or microwaves are emitted by the antenna of the radar, which continue to advance until they hit an object.
A part of the wave returns to the transmitter, which help determine the speed and other properties of the object. A radar is a pivotal tool in the military, as it is used to detect aircraft, vehicles, and missiles. The essential parts of this system are transmitter, waveguides, antenna, duplexer, receiver, and threshold decision.
The main purpose of radar is to detect distant targets and determine their range and accuracy under severe weather conditions , as opposed to optical and infrared sensors. The radar has its own transmitter, which is known as a source of illumination that is used to locate the target.
Military Radar Market Trends, Dynamics, Restraints, and Opportunities
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Demand for surveillance equipment and military radar is increasing to improve border safety, thus fueling the market.
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Need for military radars is increasing, as it is used to detect upcoming threats, which in turn, is driving the market.
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Demand for strengthening air defense capabilities is expected to drive the market during the forecast period.
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Increasing investments in R&D and advancements in technology are fueling the market.
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High costs associated with the development of radar systems hinder the market.
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Rising adoption of drones for surveillance, has made difficult to detect drones with radar systems, which in turn, restraint the market.
Scope of Military Radar Market Report
The report on the global military radar market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes
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Details
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Report Title
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Military Radar Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2022
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Historic Data
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2016–2021
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Forecast Period
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2023–2031
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Segmentation
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Platforms (Airborne Radar, Naval Radar, and Ground Radar), Range (Long, Medium, Short, and Very Short), Applications (Weapon Guidance, Airspace Monitoring & Traffic Management, Airborne Mapping, Ground Surveillance & Intruder Detection, Navigation, and Others), Frequency (C-Band, S-Band, X-Band, L-Band, and UHF/VHF), Components (Transmitter, Antenna, and Receiver)
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Regional Scope
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Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
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Key Players Covered in the Report
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Raytheon Technologies Corporation, Lockheed Martin Corporation, IAI(Israel Aerospace Industries), Thales Group, Leonardo S.p.A., Northrop Grumman, BAE Systems, SAAB, and L3Harris Technologies, Inc.
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Military Radar Market Segment Insights
Platforms Segment Analysis
Based on platforms, the military radar market is segmented into airborne radar, naval radar, and ground radar. The ground radar segment is expected to hold a significant share of the market during the forecast period, due to rising cross border conflicts. The airborne segment is projected to hold a considerable share of the market during the forecast period, due to increasing demand for UAV radar and fighter jets.
Range Segment Analysis
On the basis of range, the market is segregated into long, medium, short, and very short. The short-range segment is anticipated to dominate the market during the forecast period, as it is widely used for border surveillance, security, and monitoring. The long range segment is expected to hold a considerable share of the market during the forecast period, as it is used for naval surveillance and maritime operations.
Applications Segment Analysis
In terms of applications, the military radar market is categorized as weapon guidance, airspace monitoring & traffic management, airborne mapping, ground surveillance & intruder detection, navigation, and others.
The ground surveillance & intruder detection segment is estimated to hold a significant share of the market during the forecast period due to increasing demand of radars for border security. Growing cross border conflict fuels the demand for military radar systems for surveillance.
Based on frequency, the market is divided into C-band, S-band, X-band, L-band, and UHF/VHF. The UHF/VHF frequency segment is projected to account for a significant share of the market during the forecast period, due to increasing demand for synthetic aperture radar (SAR). Additionally, rising demand for high frequency radars for airborne and maritime application is estimated to drive the market during the forecast period.
Components Segment Analysis
On the basis of components, the military radar market is segregated into transmitter, antenna, and receiver. The antenna segment is expected to hold a significant share of the market during the forecast period. The demand for antennas is increasing as they are reliable, efficient, and provide real-time communication.
Regional Analysis
In terms of regions, the global military radar market is fragmented into Europe, North America, Latin America, Asia Pacific, and Middle East & Africa.
Asia Pacific is estimated to dominate the global market during the forecast period due to the increase in expenditure in the defense sector due to rising border tensions, which increases the demand for advanced threat detection system in the region.
Segments
Platforms
- Airborne Radar
- Naval Radar
- Ground Radar
Range
- Long
- Medium
- Short
- Very Short
Applications
- Weapon Guidance
- Airspace Monitoring & Traffic Management
- Airborne Mapping
- Ground Surveillance & Intruder Detection
- Navigation
- Others
Frequency
- C-Band
- S-Band
- X-Band
- L-Band
- UHF/VHF
Components
- Transmitter
- Antenna
- Receiver
Regions
- Europe
- North America
- Latin America
- Asia Pacific
- Middle East & Africa
Key Players
Competitive Landscape
Key players focus on the strategies such as partnerships, mergers and acquisitions, collaborations, joint ventures, product development, technological advancements, and R&D. Some key players in the market are Raytheon Technologies Corporation, Lockheed Martin Corporation, IAI(Israel Aerospace Industries), Thales Group, Leonardo S.p.A., Northrop Grumman, BAE Systems, SAAB, and L3Harris Technologies, Inc.