Global Radar System Market to Reach US$ 47.4 Billion by 2032, Impelled by Rising Utilization of Unmanned Vehicles

March 22, 2023 | Aerospace and Defense

According to the latest report by IMARC Group, titled "Radar System Market Report by Type (Pulse Radar, Continuous Wave (CW) Radar), Component (Antenna, Transmitter, Receiver, and Others), Range (Short Range Radars, Medium Range Radars, Long Range Radars), Application (Air Traffic Control, Remote Sensing, Ground Traffic Control, Space Navigation and Control, and Others), Frequency Band (X Band, S Band, C Band, and Others), and Region 2024-2032," the global radar system market size reached US$ 35.0 Billion in 2023. A radio detection and ranging (RADAR) system is an electromagnetic sensor that utilizes electromagnetic or radio waves for locating, detecting, tracking, and recognizing a wide variety of objects at considerable distances. It comprises the antenna unit, motor, duplexer, transmitter, receiver, controller, and the display, which shows the images and presents the information contained in the radar return signal in a format that is suitable for the operator to interpret. It is used for safety and security purposes to detect motion and measure speed, distance, and the angle of an object. It can also function in extremely harsh climatic conditions, such as fog, rain, and storm, and provide clear and accurate images. It offers reliable and robust applications as a RADAR system is not affected by thermal variations, does not require any medium, and creates signals which can pass through isolators. Furthermore, as it helps in speed monitoring, speed enforcement, and air traffic control, the demand for the radar system is rising across the globe.


Global Radar System Market Trends:

At present, the increasing demand for radar systems, as they are effective and user-friendly, represents one of the primary factors influencing the market positively. Besides this, there is a rise in the utilization of efficient radar systems for weather monitoring and forecasting. This, coupled with the growing adoption of advanced weather interactive processing systems (AWIPS) and integrated terminal weather systems (ITWS) to produce complete pictures of atmospheric conditions, is offering a favorable market outlook. In addition, the rising construction of airports to move passengers and transport cargo around the world is propelling the growth of the market. Apart from this, the increasing employment of radar systems in the agriculture industry to monitor crops, examine the presence of pest infestation, and analyze water stress is contributing to the growth of the market. Moreover, the rising demand for radar systems in the military and defense sector to locate unexploded ordinances and tunnels and detect terrorist activities around the border areas is bolstering the growth of the market. On account of the aforementioned factors, the market is anticipated to reach a value of US$ 47.4 Billion by 2032, exhibiting a CAGR of 3.3% during 2024-2032.


Market Summary:

  • On the basis of the type, the market has been segmented into pulse radar and continuous wave (CW) radar. Continuous wave (CW) radar currently represents the largest segment.
  • Based on the component, the market has been classified into antenna, transmitter, receiver, and others. At present, antenna holds the largest share in the market.
  • Based on the range, the market has been classified into short range radars, medium range radars, and long range radars. Presently, short range radars exhibit a clear dominance in the market.
  • Based on the application, the market has been classified into air traffic control, remote sensing, ground traffic control, space navigation and control, and others. Amongst these, air traffic control holds the largest share in the market.
  • On the basis of the frequency band, the market has been categorized into X band, S band, C band, and others. X band currently holds the largest share in the market.
  • Based on the region, the market has been divided into North America (the United States and Canada), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia and others), Latin America (Brazil, Mexico and others) and the Middle East and Africa. Amongst these, North America enjoys the leading position in the market.
  • The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market. Some of the key players include BAE Systems Plc, Dassault Aviation, General Dynamics Corporation, Honeywell International Inc., L3harris Technologies, Inc., Lockheed Martin Corporation, Northrop Grumman Corporation, Raytheon Technologies Corporation, Rockwell Collins Inc., SAAB AB, and Thales Group. 

Report Scope:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Billion
Segment Coverage Type, Component, Range, Application, Frequency Band, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered BAE Systems Plc, Dassault Aviation, General Dynamics Corporation, Honeywell International Inc., L3harris Technologies, Inc., Lockheed Martin Corporation, Northrop Grumman Corporation, Raytheon Company, Rockwell Collins Inc., SAAB AB and Thales Group
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)


About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.


Contact Us:

IMARC Group
30 N A
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-753-713-2163 | Asia: +91-120-433-0800

Need more help?

  • Speak to our experienced analysts for insights on the current market scenarios.
  • Include additional segments and countries to customize the report as per your requirement.
  • Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  • For further assistance, please connect with our analysts.
Global Radar System Market to Reach US$ 47.4 Billion by 2032, Impelled by Rising Utilization of Unmanned Vehicles
Purchase options




Benefits of Customization

Personalize this research

Triangulate with your data

Get data as per your format and definition

Gain a deeper dive into a specific application, geography, customer, or competitor

Any level of personalization

Get in Touch With Us
UNITED STATES

Phone: +1-631-791-1145

INDIA

Phone: +91-120-433-0800

UNITED KINGDOM

Phone: +44-753-713-2163

Email: sales@imarcgroup.com

Client Testimonials

Aktive Services

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

Read More
Greenfish S.A.

The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required

Read More
Colruyt Group

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Read More
KRISHAK BHARTI CO-OP LTD

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

Read More
Zee Media Corp. Ltd.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Read More
Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

Read More
Sumitomo Corporation

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

Read More
Hameln Rds

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

Read More
Quality Consultants BV

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

Read More
TATA Advanced Systems Limited

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

Read More
Stax

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

Read More