Home > Aerospace & Defense > Airport Operations > Military Radar Market
Military Radar Market was valued at over USD 14 million in 2022 and is anticipated to grow at a CAGR of over 5% between 2023 and 2032. Due to their critical role in boosting national defense capabilities, significant government investments serve as a growth driver for the military radar industry. Governments invest in modernizing and expanding their military radar systems, driving up demand for advanced technology & innovation. These investments strengthen the market by supporting research & development, acquisition of radar systems, and international collaborations, ultimately boosting sector growth. Furthermore, geopolitical tensions and the necessity to combat shifting threats highlight the relevance of government assistance in sustaining market growth. For instance, in September 2022, the Naval Sea Systems Command granted Raytheon Technologies a USD 160 million contract for the delivery of dual-band radars, which is expected to be completed by 2023.
Military radars refer to the advanced technology used by armed forces to detect, track & identify aircraft, ships, vehicles, and other objects in the air, on land, or at sea. It plays a critical role in national defense by providing real-time situational awareness and enabling threat detection, surveillance & navigation in various operational scenarios. Military radars are designed to operate under challenging conditions, providing crucial information for command & control, targeting, and overall military operations.
Report Attribute | Details |
---|---|
Base Year: | 2022 |
Military Radar Market Size in 2022: | USD 14 Million |
Forecast Period: | 2022 to 2032 |
Forecast Period 2022 to 2032 CAGR: | 5% |
2032 Value Projection: | USD 25 Million |
Historical Data for: | 2018 - 2022 |
No. of Pages: | 220 |
Tables, Charts & Figures: | 348 |
Segments covered: | Components, Range, Application, End-use Industry & Region |
Growth Drivers: |
|
Pitfalls & Challenges: |
|
The high cost of development and deployment is a stumbling block in the military radar sector, putting a major strain on defense budgets. Building and deploying modern radar systems such as active electronically scanned array (AESA) technology, necessitates significant financial investment. This financial constraint restricts the number of systems that can be purchased, potentially diminishing the overall efficacy of a country's defensive capabilities. Furthermore, the cost of entry may dissuade smaller countries or organizations from entering the market, resulting in restricted competition and innovation. As a result, pricing remains a significant concern in assuring the accessibility and sustainability of radar technology in the military sector.
The COVID-19 pandemic disrupted the military radar market in multiple ways. Initially, delays in the development & delivery of radar equipment were caused by disruptions in global supply networks, compromising readiness and defense capabilities. Budget limitations and economic downturns in many nations compelled governments to reassess defense spending, potentially resulting in lower investments in radar technology. Furthermore, the pandemic took resources and focus away from long-term military initiatives, hampering R&D efforts. These issues have caused difficulties in maintaining and improving military radar systems at a time when security concerns remain essential.
Advanced radar systems such as active electronically scanned array (AESA) radars have gained prominence due to their ability to electronically steer the radar beam without moving parts. This technology enables faster scanning, improved target tracking, and enhanced resistance to jamming. AESA radars offer a wide range of operational modes, making them versatile for different military applications, i.e., from air and missile defense to ground surveillance. Their reliability and adaptability make them a key trend in the military radar industry with a focus on upgrading existing systems and developing new platforms equipped with this technology.
Radar systems are increasingly integrated with various military platforms and systems. This trend involves connecting radar data with missile defense systems, air defense networks, and UAVs. Such integration enhances the overall situational awareness, allowing for quicker and more effective responses to threats. For example, radar data can be used to cue missile interceptors or guide unmanned aerial vehicles for surveillance or reconnaissance missions. This trend promotes synergy among different military technologies, creating a more interconnected and efficient defense ecosystem.
Based on components, the market is segmented into antenna, transmitter, receiver, duplexer, and others. The antenna segment dominated the market with a share of over 25% in 2022.
Based on range, the market is divided into short [<50 km], medium [50 - 200 km], and long [>200 km]. The long [>200 km] segment is anticipated to register a CAGR of over 6% through 2032.
North America dominated the global military radar market with a share of over 26.5% in 2022. The region faces diverse security threats including missile defense, border security, and maritime surveillance, which necessitate advanced radar systems. Additionally, the U.S., as a major player in the global defense industry, continually invests in radar technology for its armed forces & allies, driving innovation and demand. The North American market benefits from a robust defense budget and government initiatives supporting modernization efforts. Furthermore, the proliferation of aerospace and defense companies in the region fosters a competitive landscape, encouraging the development of cutting-edge radar systems to maintain military superiority.
Players in the industry focus on implementing different growth strategies to strengthen their offerings and expand their market reach. These strategies involve new product developments & launches, partnerships & collaborations, mergers & acquisitions, and customer retention. These players also heavily invest in research & development to introduce innovative and technologically advanced solutions in the market. Some major players operating in the military radar industry are mentioned below:
The military radar market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue (USD Million) from 2018 to 2032 for the following segments:
Click here to Buy Section of this Report
Market, By Components
Market, By Range
Market, By Application
Market, By End-use Industry
The above information is provided for the following regions and countries: