Military Radar Market Size, Share & Growth | Forecast [2031]

Get free sample report Request for Customiztion Buy Now

Home
Aerospace & Defense
Defense & Military Systems and Services
Military Radar Market Size, Share & Growth | Forecast [2031]

Military Radar Market Size, Share & Growth | Forecast [2031]

Segments - Military Radar Market by 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), and Regions (Europe, North America, Latin America, Asia Pacific, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031

Author : Raksha Sharma

Fact-checked by : Indranil Bose

Editor : Shruti Bhat

Report Description

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

Demand for surveillance equipment and military radar is increasing to improve border safety, thus fueling the market.
Need for military radars is increasing, as it is used to detect upcoming threats, which in turn, is driving the market.
Demand for strengthening air defense capabilities is expected to drive the market during the forecast period.
Increasing investments in R&D and advancements in technology are fueling the market.
High costs associated with the development of radar systems hinder the market.
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	Details
Report Title	Military Radar Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
Base Year	2022
Historic Data	2016–2021
Forecast Period	2023–2031
Segmentation	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)
Regional Scope	Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
Report Coverage	Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
Key Players Covered in the Report	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.

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

Raytheon Technologies Corporation
Lockheed Martin Corporation
IAI(Israel Aerospace Industries)
Thales Group
Leonardo S.p.A.
Northrop Grumman
BAE Systems
SAAB
L3Harris Technologies, Inc.

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.

Military Radar Market Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Military Radar Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Military Radar Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Military Radar Market - Supply Chain
  4.5. Global Military Radar Market Forecast
     4.5.1. Military Radar Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Military Radar Market Size (000â€™ Units) and Y-o-Y Growth
     4.5.3. Military Radar Market Absolute $ Opportunity
5. Global Military Radar Market Analysis and Forecast by Applications
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Applications
     5.2.2. Y-o-Y Growth Projections by Applications
  5.3. Military Radar Market Size and Volume Forecast by Applications
     5.3.1. Weapon Guidance
     5.3.2. Airspace Monitoring & Traffic Management
     5.3.3. Airborne Mapping
     5.3.4. Ground Surveillance & Intruder Detection
     5.3.5. Navigation
     5.3.6. Others
  5.4. Absolute $ Opportunity Assessment by Applications
  5.5. Market Attractiveness/Growth Potential Analysis by Applications
6. Global Military Radar Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Military Radar Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Military Radar Demand Share Forecast, 2019-2026
7. North America Military Radar Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America Military Radar Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Military Radar Market Size and Volume Forecast by Applications
     7.4.1. Weapon Guidance
     7.4.2. Airspace Monitoring & Traffic Management
     7.4.3. Airborne Mapping
     7.4.4. Ground Surveillance & Intruder Detection
     7.4.5. Navigation
     7.4.6. Others
  7.5. Basis Point Share (BPS) Analysis by Applications
  7.6. Y-o-Y Growth Projections by Applications
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Military Radar Demand Share Forecast, 2019-2026
8. Latin America Military Radar Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America Military Radar Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Military Radar Market Size and Volume Forecast by Applications
     8.4.1. Weapon Guidance
     8.4.2. Airspace Monitoring & Traffic Management
     8.4.3. Airborne Mapping
     8.4.4. Ground Surveillance & Intruder Detection
     8.4.5. Navigation
     8.4.6. Others
  8.5. Basis Point Share (BPS) Analysis by Applications
  8.6. Y-o-Y Growth Projections by Applications
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Military Radar Demand Share Forecast, 2019-2026
9. Europe Military Radar Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Europe Average Pricing Analysis
  9.2. Europe Military Radar Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Military Radar Market Size and Volume Forecast by Applications
     9.4.1. Weapon Guidance
     9.4.2. Airspace Monitoring & Traffic Management
     9.4.3. Airborne Mapping
     9.4.4. Ground Surveillance & Intruder Detection
     9.4.5. Navigation
     9.4.6. Others
  9.5. Basis Point Share (BPS) Analysis by Applications
  9.6. Y-o-Y Growth Projections by Applications
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Military Radar Demand Share Forecast, 2019-2026
10. Asia Pacific Military Radar Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Military Radar Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Military Radar Market Size and Volume Forecast by Applications
     10.4.1. Weapon Guidance
     10.4.2. Airspace Monitoring & Traffic Management
     10.4.3. Airborne Mapping
     10.4.4. Ground Surveillance & Intruder Detection
     10.4.5. Navigation
     10.4.6. Others
  10.5. Basis Point Share (BPS) Analysis by Applications
  10.6. Y-o-Y Growth Projections by Applications
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Military Radar Demand Share Forecast, 2019-2026
11. Middle East & Africa Military Radar Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Military Radar Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Military Radar Market Size and Volume Forecast by Applications
     11.4.1. Weapon Guidance
     11.4.2. Airspace Monitoring & Traffic Management
     11.4.3. Airborne Mapping
     11.4.4. Ground Surveillance & Intruder Detection
     11.4.5. Navigation
     11.4.6. Others
  11.5. Basis Point Share (BPS) Analysis by Applications
  11.6. Y-o-Y Growth Projections by Applications
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Military Radar Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Military Radar Market: Market Share Analysis
  12.2. Military Radar Distributors and Customers
  12.3. Military Radar Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. Raytheon Technologies Corporation
     12.4.2. Lockheed Martin Corporation
     12.4.3. IAI(Israel Aerospace Industries)
     12.4.4. Thales Group
     12.4.5. Leonardo S.p.A.
     12.4.6. Northrop Grumman
     12.4.7. BAE Systems