Airborne Radar Market Analysis
Based on end use, the market is divided into commercial aircraft, military aircraft, helicopters, unmanned aerial vehicles (UAVs), business jets, and urban air mobility (UAM). The military aircraft segment dominated the global market with a share of over 45% in 2022.
- The ongoing advancements in radar technology including active electronically scanned array (AESA) radars and multi-function radar systems, offer improved performance, accuracy, and versatility. They provide military aircraft with advanced capabilities, enabling them to adapt to the evolving threats and operational requirements.
- Radar systems significantly enhance situational awareness for military pilots and commanders. They provide real-time information about the airspace, ground targets, and potential threats. Enhanced situational awareness is essential for making quick and informed decisions during military operations.
Based on installation type, the market is segmented into new installation and retrofit. The retrofit segment is anticipated to register a CAGR of over 9% till 2032.
- Modern aircraft is designed to have long operational lifecycles, often spanning several decades. Upgrading radar systems through retrofitting allows older aircraft to remain relevant and effective in contemporary operational scenarios. Extending the lifecycle of the existing aircraft is a cost-efficient strategy for military and commercial operators.
- The current advancements in radar technology including AESA radars and improved signal processing capabilities, make retrofitting a preferred option. New radar systems can significantly enhance detection range, accuracy, and the overall performance of an aircraft, ensuring compatibility with modern operational requirements.
Asia Pacific airborne radar market is expected to grow at a CAGR of over 10% through 2032. Many countries in the region including China, India, Japan, South Korea, and several Southeast Asian nations, are actively pursuing military modernization programs. These initiatives involve the procurement of advanced defense technologies including airborne radar systems to replace outdated equipment and strengthen the defense capabilities. Several Asia Pacific countries are increasing their defense budgets to keep pace with the evolving security challenges. Higher defense budgets provide funding for the acquisition of modern radar systems, which are crucial for early warning, surveillance, and threat detection.