Military RADAR Market Overview
The Military RADAR Market Size is expected to reach USD 21.85 Billion by 2034. The Military RADAR Market industry size accounted for USD 14.56 Billion in 2023 and is expected to expand at a compound annual growth rate (CAGR) of 5.41% from 2021 to 2034. The military radar market involves systems used for detecting, tracking, and identifying objects, such as aircraft, missiles, and ships, in defense and security applications. Key segments include air defense radars, ground surveillance radars, and naval radars. Technological advancements focus on improving range, resolution, and resistance to electronic warfare. Market growth is driven by increasing defense budgets, the need for advanced surveillance capabilities, and rising geopolitical tensions. The market is competitive, with major players investing in research and development to enhance radar performance and integrate with other defense systems. Trends include the adoption of phased array radars and multi-function radar systems. The market is influenced by global defense policies, technological innovations, and the ongoing modernization of military forces.
Global Military RADAR Market Synopsis
Global Military RADAR Market Dynamics
The major factors that have impacted the growth of Military RADAR are as follows:
Drivers:
⮚     Technological Advancements
Innovations in radar technology, such as phased array radars, synthetic aperture radars (SAR), and multi-function radars, are enhancing performance and capabilities. These advancements improve detection range, resolution, and accuracy, making radar systems more effective in various military applications.
Restraint:
- Technological Complexity
The sophistication of modern radar systems involves intricate technology, which can lead to challenges in development, integration, and maintenance. The complexity of these systems requires specialized skills and knowledge, which can constrain their deployment and effectiveness.
Opportunity:
⮚     Advancements in Radar Technology
Innovations such as phased array radars, synthetic aperture radars (SAR), and multifunction radars offer opportunities to enhance detection capabilities and operational flexibility. These technologies enable improved range, resolution, and resistance to electronic countermeasures, providing enhanced situational awareness and targeting accuracy.
Military RADAR Market Segment Overview
By Component
Based on the Component, the market is segmented based on Antenna, Transmitter, Receiver, Power amplifier, Duplexer, Others. the Antenna segment typically dominates due to its fundamental role in signal transmission and reception, which is crucial for the performance and effectiveness of radar systems.
By Platform
Based on Platform, the market has been divided into Land Radar, Naval Radar, Airborne Radar market, Space-Based Radar. the Airborne Radar segment generally dominates due to its critical role in providing real-time surveillance, target tracking, and threat detection from airborne platforms, which are essential for modern air defense operations.
By Application
Based on the Application, the market has been divided into Airspace Monitoring & Traffic Management, Air & Missile Defense, Weapon Guidance, Ground Surveillance & Intruder Detection, Airborne Mapping, Others. the Air & Missile Defense segment usually dominates due to its crucial role in detecting and intercepting airborne and missile threats, which are central to national defense strategies.
By End Use
Based on End Use, the market has been divided into Navy, Army, Air Force, Space. the Air Force segment typically dominates due to its extensive use of radar for air surveillance, missile detection, and control of airspace, reflecting the critical role of radar in modern air defense operations.
Global Military RADAR Market Regional Analysis
Based on region, the market has been divided into North America, Europe, Asia-Pacific, the Middle East & Africa, and Latin America. The area of North America is anticipated to dominate the market for the usage of Military RADAR, followed by those in Asia-Pacific and Europe.
Military RADAR North America Market
The North American region holds a dominant position in the Military RADAR market. Due to the governments in the region making large investments in national security, aerospace and military, among other fields, the North American Military Navigation market area will dominate this industry. Following Canada and Mexico in terms of market share, the United States holds the largest share in the area.
Military RADAR Asia Pacific Market
The Asia-Pacific region is witnessing rapid growth and emerging as a significant market for the Military RADAR industry. From 2023 to 2032, the Asia-Pacific Military Navigation Market is anticipated to develop at the quickest compound annual growth rate (CAGR). As a result, nations like Japan, India, and others in the Asia-Pacific region are spending more on their armed forces. Furthermore, in the Asia-Pacific area, the Indian Military Navigation market was expanding at the fastest rate, while China’s Military Navigation market maintained the biggest market share.
Competitive Landscape
The competitive landscape includes key players (tier 1, tier 2, and local) having a presence across the globe. Companies such as Raytheon Technologies Corporation, Lockheed Martin Corporation, Israel Aerospace Industries, Thales Group, and Airbus Group are some of the leading players in the global Military RADAR Industry. These players have adopted partnership, acquisition, expansion, and new product development, among others as their key strategies.
Key Market Players:
- Raytheon Technologies Corporation
- Lockheed Martin Corporation
- Israel Aerospace Industries
- Thales Group
- Airbus Group
- BAE Systems PLC
- Finmeccanica SPA
- General Dynamics
- Israel Aerospace Industries Ltd.
- Leonardo S.P.A.
Key Development:
In September 2022, Raytheon Technologies Corporation advanced its military radar capabilities by unveiling the new AN/APG-79(V)4 AESA radar, enhancing the surveillance and targeting capabilities of its airborne systems.
Scope of the Report
Global Military RADAR Market, by Component
- Antenna
- Transmitter
- Receiver
- Power amplifier
- Duplexer
- Others
Global Military RADAR Market, by Platform
- Airspace Monitoring & Traffic Management
- Air & Missile Defense
- Weapon Guidance
- Ground Surveillance & Intruder Detection
- Airborne Mapping
- Others
Global Military RADAR Market, by Application
- Navy
- Army
- Air Force
- Space
Global Military RADAR Market, by End Use
- Healthcare Products
- Consumer Goods
- Industrial Goods
Global Military RADAR Market, by Region
- North America
- US
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Benelux
- Nordic
- Rest of Europe
- Asia Pacific
- China
- Japan
- South Korea
- Indonesia
- Austalia
- Malaysia
- India
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- South Africa
- Rest of Middle East & Africa
| Parameters | Indicators |
|---|---|
| Market Size | 2033: $21.85 Billion |
| CAGR | 5.41% CAGR (2023-2033) |
| Base year | 2022 |
| Forecast Period | 2023-2033 |
| Historical Data | 2021 |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Key Segmentations | Component, Platform, Application, End Use |
| Geographies Covered | North America, Europe, Asia-Pacific, Latin America, Middle East, Africa |
| Key Vendors | Raytheon Technologies Corporation, Lockheed Martin Corporation, Israel Aerospace Industries, Thales Group, Airbus Group, BAE Systems PLC, Finmeccanica SPA, General Dynamics, Israel Aerospace Industries Ltd., Leonardo S.P.A. |
| Key Market Opportunities | Changing nature of warfare Increasing demand for new-generation air and missile defense systems |
| Key Market Drivers | Rising use of UAVs by the defense forces |
REPORT CONTENT BRIEF:
- High-level analysis of the current and future Military RADAR market trends and opportunities
- Detailed analysis of current market drivers, restraining factors, and opportunities in the future
- Military RADAR market historical market size for the year 2022, and forecast from 2021 to 2034
- Military RADAR market share analysis at each product level
- Competitor analysis with detailed insight into its product segment, Government & Defense strength, and strategies adopted.
- Identifies key strategies adopted including product launches and developments, mergers and acquisitions, joint ventures, collaborations, and partnerships as well as funding taken and investment done, among others.
- To identify and understand the various factors involved in the global Military RADAR market affected by the pandemic
- To provide a detailed insight into the major companies operating in the market. The profiling will include the Government & Defense health of the company’s past 2-3 years with segmental and regional revenue breakup, product offering, recent developments, SWOT analysis, and key strategies.
