image

Military Radars Market Size:

Military Radars Market Revenue Analysis

Get more information on Military Radars Market - Request Sample Report

The Military Radars Market Size was valued at USD 14.19 Billion in 2023, expected to reach USD 22.20 Billion by 2032, growing at a CAGR of 5.10% over the forecast period 2024-2032.

Radar is an abbreviation for radio detection and ranging systems. A military radar system is a detecting device that employs radio waves to determine an object's angle, range, and velocity. Radars are employed by defense forces for a variety of purposes, including monitoring, finding targets, and tracking their movements (aircraft, missiles, UAVs, naval vessels, and military land vehicles), directing other weapons, and countering incoming threats. Military radars can identify and classify targets such as crawling infantry, groups of walking men and low-flying helicopters. In addition, military radars are utilized for navigation and weather radars.

Military Radars Market Dynamics:

KEY DRIVERS:

  • Radar and air defense systems Increasing procurement

  • Modern surveillance radars with low false alarm rates have aided countries dealing with border disputes, drug trafficking, and illegal immigration in the identification and prevention of these issues.

RESTRAINTS:

  • Incorporating these devices into national defense networks comes at a high cost.

  • These systems are extremely expensive to launch and maintain.

OPPORTUNITIES:

  • New-generation air and missile defense systems are required.

  • India, China, and Russia have developed hypersonic missiles that are difficult to intercept with missile defense systems.

CHALLENGES:

  • Radar jamming techniques that are new

  • These new radar-jamming techniques dramatically raise the R&D costs of constructing radar systems.

IMPACT OF COVID-19

Due to the status of COVID-19, research and development of military radar companies around the world have been hampered by announced closures and government restrictions on public gatherings.

As governments spend money shifting to economic recovery as a result of the COVID-19 epidemic, industries may be slowing down the number of military radar systems. The production rate of companies that make military drones is adversely affected by the nature of COVID-19.

The cancellation of several international exercises and the reduction of military activity worldwide due to COVID-19, have harmed the market for military radars as demand for the remaining components is low.

After COVID-19, the military radars market could see significant growth as several countries have already ordered or planned to purchase their military drones.

The growing security concern coupled with the rising defense budget is contributing to strengthening industry growth prospects. The rise of technology has had a positive impact on the industry and leads to the development of lightweight radars. Strategic alliances between industrial players and increased focus on border protection activities create greater demand for military radar systems. The modern operations of military equipment and heritage systems around the world are creating new ways of expanding markets. The industry is expected to see an increase in demand due to increased terrorist activity, inter-state conflicts, border crossings, and more frequent border crossings. Military radar facilitates accurate detection, tracking, surveillance, ground mapping, and warning against hidden aircraft and weapons, thus providing security.

However, the market is very vulnerable to the current economic situation. The effects of the recession have had a profound effect on military spending around the world, reducing the potential for industrial growth. European countries, such as Russia, Germany, and the UK, have seen declining defense budgets due to major economic conditions and financial crises. In addition, the high cost of military radar and the development of space-based radar requires significant investment in the production and operation of R&D. The market is divided into three categories based on the platform: airborne, terrestrial, and naval radar. Due to cross-border conflicts, increased terrorism, and geopolitical issues among various countries, the land radar sector is expected to dominate the market in 2023. The airborne segment is expected to develop at the fastest CAGR between 2023 and 2030. The increase is linked to rising demand for unmanned aerial vehicle (UAV) radar and increased fighter aircraft procurement from Asian countries. The naval segment will develop significantly since it is used to identify and track the position of vessels, which aids in the safe navigation of a ship from one location to another. The market is separated into four ranges: long, medium, short, and extremely short. In 2023, the short-range category is expected to dominate the market. The company's expansion is due to its diverse security, border surveillance, and monitoring applications.

The long-range radar segment is expected to expand the most due to increased demand for long-range radars for naval surveillance and marine operations. Because of the increased demand for air surveillance and tracking radars, the medium-range segment is expected to grow significantly. Because of the increasing employment of these radars in important operations to protect land forces against mortars, air threats, and artillery, the very short-range segment will experience moderate growth.

Military Radars Market Segmentation Analysis

Get a Customized Report as per your Business Requirement - Request For Customized Report

Military Radars Market Regional Analysis:

During the forecast period, Asia Pacific is expected to have the highest CAGR in the military radars market. This region's expansion can be ascribed to increased investments in air defense systems by China, India, and Japan. After the United States, China has the world's second-largest defense budget. It is a developing country with rapid expansion in the defense and transportation sectors. Through incentives, the Chinese government also pushes industrial enterprises to explore innovative technology in their operations. For example, China continues to prioritize long-term state-directed planning initiatives such as "Made in China" in order to replace imported technology with indigenous technology.

KEY PLAYERS:

The key players in the Military Radars Market are Saab AB, Leonardo S.p.A, ASELSAN A., Northrop Grumman Corporation, Raytheon Technologies Corporation, L3Harris Technologies, Inc., Thales Group, Lockheed Martin Corporation, Israel Aerospace Industries Ltd., BAE Systems & Other Players.

Military Radars Market Report Scope:

Report Attributes Details
Market Size in 2023 US$ 14.19 Billion
Market Size by 2031 US$ 22.20 Billion
CAGR CAGR of 5.10% From 2024 to 2032
Base Year 2023
Forecast Period 2024-2032
Historical Data 2020-2022
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By End-User (Air Force, Army, Navy)
• By Military Radar Type (Ground-based, Naval, Airborne, Space based)
• By Dimension (2D, 3D, 4D)
• By Type (Surveillance & Airborne Early Warning, Tracking & Fire Control Radar, Multi-Function Radar, Synthetic Aperture & Moving Target Indicator Radar, Weapon Locating Radar, Ground Penetrating Radar)
• By Range (Very Short, Short Range, Medium Range, Long Range)
Regional Analysis/Coverage North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America)
Company Profiles Saab AB, Leonardo S.p.A, ASELSAN A., Northrop Grumman Corporation, Raytheon Technologies Corporation, L3Harris Technologies, Inc., Thales Group, Lockheed Martin Corporation, Israel Aerospace Industries Ltd., BAE Systems.
Key Drivers • Radar and air defense systems Increasing procurement
Restraints • Incorporating these devices into national defence networks comes at a high cost.
• These systems are extremely expensive to launch and maintain.

Frequently Asked Questions

Ans: The market size of the Military Radars Market was valued at USD 14.19 billion in 2023.

Ans: The growth rate of the Military Radars Market is 5.1% over the forecast period 2024-2031.

Ans: The key players of the Military Radars Market are Saab AB, Leonardo S.p.A, ASELSAN A., Northrop Grumman Corporation, Raytheon Technologies Corporation, L3Harris Technologies, Inc., Thales Group, Lockheed Martin Corporation, Israel Aerospace Industries Ltd., and BAE Systems.

Ans: The Military Radars Market is segmented into 5 types: By Type, By Range, By Dimension, Military Radar Type, and By End-users.

Ans: Asia Pacific is expected to have the highest CAGR in the military radars market.

Table of Contents

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

2. Research Methodology

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

4. Impact Analysis

4.1 COVID-19 Impact Analysis

4.2 Impact of Ukraine- Russia war

4.3 Impact of ongoing Recession

4.3.1 Introduction

4.3.2 Impact on major economies

4.3.2.1 US

4.3.2.2 Canada

4.3.2.3 Germany

4.3.2.4 France

4.3.2.5 United Kingdom

4.3.2.6 China

4.3.2.7 Japan

4.3.2.8 South Korea

4.3.2.9 Rest of the World

5. Value Chain Analysis

6. Porter’s 5 forces model

7.  PEST Analysis

8 Military Radars Market, By End-User

8.1 Air Force

8.2 Army

8.3 Navy

9 Military Radars Market, Military Radar Type

9.1 Ground-based  

9.2 Naval

9.3 Airborne

9.4 Space based

10 Military Radars Market, By Dimension

10.1 2D

10.2 3D

10.3 4D

11 Military Radars Market, By Type

11.1 Surveillance & Airborne Early Warning

11.2 Tracking & Fire Control Radar

11.3 Multi-Function Radar

11.4 Synthetic Aperture & Moving Target Indicator Radar

11.5 Weapon Locating Radar

11.6 Ground Penetrating Radar

11.7 Weather Radar

12 Military Radars Market, By Range

12.1 Very Short

12.2 Short Range

12.3 Medium Range

12.4 Long Range

13. Regional Analysis

13.1 Introduction

13.2 North America

13.2.1 USA

13.2.2 Canada

13.2.3 Mexico

13.3 Europe

13.3.1 Germany

13.3.2 UK

13.3.3 France

13.3.4 Italy

13.3.5 Spain

13.3.6 The Netherlands

13.3.7 Rest of Europe

13.4 Asia-Pacific

13.4.1 Japan

13.4.2 South Korea

13.4.3 China

13.4.4 India

13.4.5 Australia

13.4.6 Rest of Asia-Pacific

13.5 The Middle East & Africa

13.5.1 Israel

13.5.2 UAE

13.5.3 South Africa

13.5.4 Rest

13.6 Latin America

13.6.1 Brazil

13.6.2 Argentina

13.6.3 Rest of Latin America

14 Company Profiles

14.1 Saab AB

14.1.1 Financial

14.1.2 Products/ Services Offered

14.1.3 SWOT Analysis

14.1.4 The SNS view

14.2 Israel Aerospace Industries Ltd.

14.3 BAE Systems

14.4 Leonardo S.p.A

14.5 ASELSAN A.

14.6 L3Harris Technologies, Inc.

14.7 Raytheon Technologies Corporation

14.8 Northrop Grumman Corporation

14.9 Thales Group

14.10 Lockheed Martin Corporation

15 Competitive Landscape

15.1 Competitive Benchmarking

15.2 Market Share analysis

15.3 Recent Developments

16. Conclusion

An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.

Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.

 

The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

Step 2: Primary Research

When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data.  This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.

We at SNS Insider have divided Primary Research into 2 parts.

Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.

This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.

Primary Research

Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.

Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.

Step 3: Data Bank Validation

Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.

Data Bank Validation

Step 4: QA/QC Process

After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.

Step 5: Final QC/QA Process:

This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.

​​​​​By Military Radar Type

  • Ground-based  

  • Naval

  • Airborne

  • Space-based

By Dimension

  • 2D

  • 3D

  • 4D

By Type

  • Surveillance & Airborne Early Warning

  • Tracking & Fire Control Radar

  • Multi-Function Radar

  • Synthetic Aperture & Moving Target Indicator Radar

  • Weapon Locating Radar

  • Ground Penetrating Radar

By Range

  • Very Short

  • Short Range

  • Medium Range

  • Long Range

By End-User

  • Air Force

  • Army

  • Navy

Request for Segment Customization as per your Business Requirement: Segment Customization Request

REGIONAL COVERAGE:

North America

  • US

  • Canada

  • Mexico

Europe

  • Eastern Europe

    • Poland

    • Romania

    • Hungary

    • Turkey

    • Rest of Eastern Europe

  • Western Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Netherlands

    • Switzerland

    • Austria

    • Rest of Western Europe

Asia Pacific

  • China

  • India

  • Japan

  • South Korea

  • Vietnam

  • Singapore

  • Australia

  • Rest of Asia Pacific

Middle East & Africa

  • Middle East

    • UAE

    • Egypt

    • Saudi Arabia

    • Qatar

    • Rest of the Middle East

  • Africa

    • Nigeria

    • South Africa

    • Rest of Africa

Latin America

  • Brazil

  • Argentina

  • Colombia

Request for Country Level Research Report: Country Level Customization Request

Available Customization

With the given market data, SNS Insider offers customization as per the company’s specific needs. The following customization options are available for the report:

  • Product Analysis

  • Criss-Cross segment analysis (e.g. Product X Application)

  • Product Matrix which gives a detailed comparison of the product portfolio of each company

  • Geographic Analysis

  • Additional countries in any of the regions

  • Company Information

  • Detailed analysis and profiling of additional market players (Up to five)


  •            5000 (33% Discount)


  •            8950 (40% Discount)


  •            3050 (23% Discount)

Start a Conversation

Hi! Click one of our member below to chat on Phone