According to IMARC Group’s latest report, titled “Military Radars Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027.’ the global military radars market reached a value of US$ 14.86 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 19.46 Billion by 2027, exhibiting at a CAGR of 4.2% during 2022-2027.Military radars are detection devices that use radio waves to determine the distance, location, speed and direction of the ground, sea and air targets. Some of the commonly used military radars include fire control, land weather, land multi-function, moving target indicator, naval surveillance, airborne weather, space surveillance, ground-penetrating and synthetic aperture radars. They consist of a transmitter to generate electromagnetic signals and antennas to transmit them. The radars are widely used for airborne mapping, navigation, traffic management, airspace and weather monitoring applications by armed and defense forces.
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Military Radars Market Cost Trends:
The global military radars market is primarily being driven by the increasing incidence of cross-border terrorist activities and illegal trespassing. Moreover, various technological advancements, such as the launch of advanced portable radars and electronic warfare equipment, along with the integration of artificial intelligence (AI) solutions for enhanced security, are favoring the market growth. Other factors, including significant improvements in the defense infrastructure, along with extensive research and development (R&D) activities to manufacture lightweight radars, are creating a positive outlook for the market.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report
Key Market Segmentation:
Competitive Landscape:
- 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.
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
Breakup by Platform:
- Ground-based
- Naval
- Airborne
- Space
Breakup by Frequency Band:
- VHF/UHF Band
- L Band
- S Band
- C Band
- X Band
- Ku/Ka/K Band
Breakup by Dimension:
- 2D Radar
- 3D Radar
- 4D Radar
Breakup by Application:
- Air and Missile Defense
- Intelligence, Surveillance and Reconnaissance
- Navigation and Weapon Guidance
- Space Situational Awareness
- Others
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others)
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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