Report

Military Radars Market Size, Share & Trends Analysis - Global Opportunity Analysis And Industry Forecast 2030

  • Publish Date: May,2022
  • Report ID: QI038
  • Page : 200
  • Report Type : PDF (Email)
The global military radars market size was US$ 14.9 billion in 2021. The global military radars market size is forecast to reach US$ 22.7 billion by 2030, growing at a compound annual growth rate (CAGR) of 5.5% during the forecast period from 2022 to 2030.

The radio detection and ranging system are known as radar. A military radar system detects objects using radio waves to estimate their angle, range, and velocity. Defense forces use radars for many purposes, including monitoring, locating, and tracking targets (aircraft, missiles, unmanned aerial vehicles, naval vessels, and military land vehicles), directing other weapons, and countering incoming threats. Military radars can also identify and classify crawling infantry, groups of strolling men, and low-flying helicopters, among other targets. Military radars help as weather radars and navigational aids.

Factors Influencing Market Growth

Among the factors driving the global market include growing security concerns among countries, a surge in defense budgets of emerging economies, and an increase in the use of radar systems.
Increased costs concerned in the manufacturing of radars and new radar jammer techniques may slow down the overall military radars market growth.
The increase in the expansion of new radar systems, rising use of UAVs in combat roles, and growing demand for next-generation air & missile defense systems are forecast to create lucrative opportunities for the global military radars market during the forecast period.
Impact Analysis of COVID-19

The COVID-19 pandemic had a negative impact on the global military radar market. Several governments worldwide imposed lockdown in order to prevent the spread of the COVID-19 virus. As a result, this hampered the research & development of the military radar companies worldwide. As governments expending shifts toward economic recovery due to the COVID-19 pandemic, industries faced a decline in the number of orders for military radars. In addition, this affected the manufacturing rate of military drone-making companies.

Region's Insights

North America held dominant in the military radar market in 2021. As a result of the defense expenditure from the U.S. and the acquisition of advanced military radars. In addition, rising programs and initiatives such as the Three-Dimensional Expeditionary Long-Range Radar and the Air and Missile Defense Radar are forecast to boost the market growth in the region.

The Asia Pacific region is forecast to have lucrative growth in the market during the forecast period. The rising defense spending owing to increasing cross-border problems & geopolitical uncertainties in countries such as China-India, and India-Pakistan, has led to the surge in demand for advanced threat detection systems in the region. Thus, this factor is forecast to drive market growth in the region.

Leading Competitors

The leading prominent companies profiled in the global military radar market are:

Thales Group
Raytheon Technologies Corporation
BAE Systems PLC
Lockheed Martin Corporation
Israel Aerospace Industries
Northrop Grumman Corporation
Saab AB
Leonardo S.p.A
Airbus SE
FLIR Systems Inc.
HENSOLDT
QinetiQ Group PLC
Elbit Systems Ltd.
ASELSAN A.S.
SRC, Inc.
Bharat Electronics Limited (BEL)
Other Prominent Players
Scope of the Report

The global military radar market segmentation focuses on Platform, Component, End-Users, Technology, Product Type, Frequency Band, Range Band, Application, and Region.

Segmentation based on Platform

Ground-based
Naval
Airborne
Space
Segmentation based on Component

Antenna
Transmitter
Receiver
Power amplifier
Duplexer
Digital Signal Processor
Graphical User Interface
Stabilization System
Others
Segmentation based on End-Users

Navy
Army
Air Force
Space
Segmentation based on Technology

Software-Defined Radar (SDR)
Phased-Array Radar
AESA
PESA
MIMO
Quantum Radar
Traditional/Noise Radar
Segmentation based on Product Type

Surveillance & Airborne Early Warning Radar
Tracking & Fire Control Radar
Multi-Function Radar
Weapon Locating & C-RAM Radar
Aircraft Birdstrike Avoidance Radar
Air Traffic Control Radar
Weather Radar
Airborne Moving-Target Indicator (MTI) Radar
Counter-Drone Radar
Others
Segmentation based on Frequency Band

HF/VHF/UHF-band
L-band
S-band
C-band
X-band
Ku-band
Ka-band
Multi-band
Segmentation based on Range Band

Very short Range (< 10 Km)
Short Range (10-50 Km)
Medium Range (50-200 km)
Long Range (200-500 km)
Very Long Range (> 500 km)
Segmentation based on Application

Air and Missile Defense
ISR (Intelligence, Surveillance, and Reconnaissance)
Navigation and Weapon Guidance
Space Situational Awareness
Other Applications
Segmentation based on Region

North America
The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Brazil
Argentina
Rest of South America