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Military Radar Market Trends

Report ID: GMI7177
Published Date: Oct 2023
Report Format: PDF

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Military Radar Market Trends

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.

Authors: Suraj Gujar, Sandeep Ugale

Frequently Asked Questions (FAQ) :

Market size for military radar was worth more than USD 13 million in 2022 and is projected to expand at over 5% CAGR from 2023 to 2032 owing to the significant government investments to boost national defense capabilities.

The antenna segment held over 25% share of the military radar market in 2022 and is estimated to witness high demand up to 2032 due to greater need to enhance long-range detection capabilities.

North America accounted for over 26.5% revenue share of the miliary radar market in 2022 and is projected to expand at notable CAGR from 2023-2032 owing to the massive investments in radar technology by the U.S. for its armed forces & allies.

Some of the top military radar companies are Aselsan A.S., BAE Systems plc, Boeing Company, General Dynamics Corporation, Israel Aerospace Industries, Lockheed Martin Corporation, and Raytheon Technologies Corporation.