Military Radars Market Report 2024-2032: Industry Trends, Segmentation & Forecast Analysis

Summary:

• The global military radars market size reached USD 16.3 Billion in 2023.
• The market is expected to reach USD 23.0 Billion by 2032, exhibiting a growth rate (CAGR) of 3.77% during 2024-2032.
• North America leads the market, accounting for the largest military radars market share.
• Surveillance and airborne early warning radar accounts for the majority of the market share in the product type segment, due to the burgeoning governments investments in surveillance radar to monitor their airspace and maritime borders for threats
• Ground-based platform holds the largest share in the military radars industry.
• VHF/UHF band remain a dominant segment in the market, as they offer better propagation through dense foliage, urban environments, and atmospheric conditions.
• By the dimensions, the market is segmented into 2D radar, 3D radar, and 4D radar.
• Based on the application, the market is classified into air and missile defense, intelligence, surveillance and reconnaissance, navigation and weapon guidance, space situational awareness, and others.
• Technological advancements such as the development of phased array radars and gallium nitride (GaN) based radars have significantly improved the capabilities of military radars, leading to higher demand from defense forces worldwide.
• The escalating geopolitical tensions and growing security threats across various regions have prompted governments to allocate substantial budgets for defense procurement, thereby driving the market growth.

 

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Industry Trends and Drivers:

• Technological Advancements

The evolution of military radars has been propelled by significant technological advancements. One such advancement is the development of phased array radars, which offer enhanced performance in terms of range, resolution, and agility compared to traditional mechanically scanned radars. Phased array radars use electronically steered beams, allowing for rapid beam scanning and tracking of multiple targets simultaneously.

This capability is particularly valuable in modern warfare scenarios characterized by diverse threats and complex environments. Furthermore, the advent of gallium nitride (GaN) technology has revolutionized radar design by enabling the development of more powerful and efficient radar systems. GaN-based radars offer higher power densities, improved reliability, and greater efficiency compared to conventional radar technologies, making them ideal for next-generation military applications. 

• Increasing Defense Budgets

The global military radars market is significantly influenced by the allocation of defense budgets by governments worldwide. The escalating geopolitical tensions, coupled with evolving security threats, have compelled nations to bolster their defense capabilities, including radar systems. As a result, defense budgets have witnessed steady growth in recent years, with a substantial portion allocated towards the procurement of advanced radar systems.

This increased funding allows defense forces to modernize their radar infrastructure, acquire state-of-the-art technologies, and enhance their operational capabilities. Moreover, the growing emphasis on maintaining technological superiority and readiness in the face of emerging threats further drives the investment in military radars. 

• Modernization of Military Infrastructure

As part of the efforts to maintain a competitive edge, many countries are upgrading their military infrastructure, with radar systems being a primary focus. The modernization process involves replacing outdated radar systems with more advanced versions that offer greater accuracy, range, and multifunctional capabilities.

This shift is essential in adapting to modern warfare, which requires real-time situational awareness, advanced target tracking, and superior threat identification. Governments are making significant investments in radar systems to ensure their defense forces remain equipped with the latest technology, making modernization a key driver in the global military radars market.

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Military Radars Market Report Segmentation:

Breakup By Product Type:

• 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

Surveillance and airborne early warning radar are the largest segments by product type due to their critical role in providing situational awareness and early detection capabilities in both land and air operations.

Breakup By Platform:

• Ground-based
• Naval
• Airborne
• Space

Ground-based platforms represent the largest segment due to their versatility, covering a wide range of applications such as air defense, border surveillance, and missile tracking, among others.

Breakup By Frequency Band:

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

VHF/UHF band is the largest segment by frequency band owing to its suitability for long-range detection and communication in various atmospheric conditions.

Breakup By Dimension:

• 2D Radar
• 3D Radar
• 4D Radar

By the dimension, the market is segmented into 2D Radar, 3D Radar, and 4D Radar.

Breakup By Application:

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

By the application, the market is segmented into air and missile defense, intelligence, surveillance and reconnaissance, navigation and weapon guidance, space situational awareness, and others.

Breakup By Region:

• 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

North America emerges as the largest market by region due to its substantial defense spending, technological advancements, and robust demand for advanced radar systems across military applications.

Top Military Radars Market Leaders: The military radars market research report outlines a detailed analysis of the competitive landscape, offering in-depth profiles of major companies. Some of the key players in the market are:

Some of the key players in the market are:

• 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
• Thales Group