Military Radars Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Military Radars Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Report Format: PDF+Excel | Report ID: SR112023A4825
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Market Overview:

The global military radars market size reached US$ 15.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 20.4 Billion by 2028, exhibiting a growth rate (CAGR) of 4.32% during 2023-2028.

Military radars refer to the detection devices that utilize radio waves to determine the presence, direction, distance and speed of the air, ground and sea targets. They consist of a transmitter that produces electromagnetic signals and an antenna to radiate the signals. Naval surveillance, fire control, land multi-function, space surveillance ground-penetrating, land weather, synthetic aperture and moving target indicator are some of the commonly used military radars. They are used by armed and defense forces for surveillance, tracking movements, locating targets and directing countermeasures against incoming threats. Military radars can penetrate clouds, snow and mist, detect incoming missiles and differentiate between moving and stationary objects. They are also widely used for airspace monitoring, navigation purposes, weather monitoring and traffic management.

 

 
 

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Military Radars Market Trends:

The rising incidence of cross-border and territorial conflicts across the globe is one of the key factors driving the market growth. Military radars are widely utilized to detect and track multiple targets from short-, medium- and long-range distances. Additionally, the widespread product adoption in bomber and combat aircraft to avoid obstacles, control air-to-air missiles, locate hostile weapons and find surface targets is acting as another growth-inducing factor. Moreover, various technological advancements, such as the development of modern active electronically-scanned array radars, are providing a thrust to the market growth. These radars are controlled through software applications and can detect small-sized targets. In line with this, the increasing demand for radars in the unmanned aerial vehicles (UAV) due to their low power consumption, cost-effective and lightweight properties is positively impacting the market growth. Other factors, including the rapid upgradation of existing defense infrastructure, along with the increasing demand for advanced portable radars, are anticipated to drive the market toward growth.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global military radars market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product type, platform, frequency band, dimension and application.

Breakup by Product Type:

 

 
 

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  • Surveillance and Airborne Early Warning Radar
  • Tracking and Fire Control Radar
  • Multi-Function Radar
  • Weapon Locating and C-RAM Radar
  • Aircraft Bird Strike Avoidance Radar
  • Air Traffic Control Radar
  • Weather Radar
  • Others
     

Breakup by Platform:

  • Ground-based
  • Naval
  • Airborne
  • Space
     

Breakup by Frequency Band:

  • VHF/UHF Band
  • L Band
  • S Band
  • C Band
  • X Band
  • Ku/Ka/K Band
     

Breakup by Dimension:

  • 2D Radar
  • 3D Radar
  • 4D Radar
     

Breakup by Application:

  • Air and Missile Defense
  • Intelligence, Surveillance and Reconnaissance
  • Navigation and Weapon Guidance
  • Space Situational Awareness
  • Others
     

Breakup by Region:

 

 
 

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  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Airbus SE, BAE Systems plc, Elbit Systems Ltd., Honeywell International Inc., Israel Aerospace Industries, L3Harris Technologies Inc., Leonardo S.p.A., Lockheed Martin Corporation, Northrop Grumman Corporation, Raytheon Technologies Corporation, Saab AB, Teledyne Technologies Incorporated and Thales Group.

Report Coverage:

Report Features Details
Base Year of the Analysis 2022
Historical Period 2017-2022
Forecast Period 2023-2028
Units US$ Billion
Segment Coverage Product Type, Platform, Frequency Band, Dimension, Application, 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 Airbus SE, BAE Systems plc, Elbit Systems Ltd., Honeywell International Inc., Israel Aerospace Industries, L3Harris Technologies Inc., Leonardo S.p.A., Lockheed Martin Corporation, Northrop Grumman Corporation, Raytheon Technologies Corporation, Saab AB, Teledyne Technologies Incorporated and Thales Group
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
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)

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Military Radars Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
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