Global Military Radars Market Analysis by Type, Platform, Range, Component, Frequency Band, Dimension, Application, End User, Region and segments forecast till 2033

Market Overview

The global military radars market was worth USD 14,410 million in 2022 and is poised to amplify at a CAGR of 6.27% over 2023-2033, thereby amassing a valuation of USD 22,060 million by end of the assessment timeline.

Report Scope

Global Military Radars Market: Description

Military radars are referred to as a type of detection system used by defense forces to identify the range, angle, and velocity of objects. These systems are predominantly adopted in the military sector to determine targets and monitor their movements using radio waves. Radars are also equipped with the ability to launch weapons to countermeasure incoming threats during wars and other disputes. Some military radars are further deployed for navigation and weather monitoring purposes. The rising instances of terrorist activities along with geopolitical disputes across the globe are the primary factors augmenting the outlook of this marketplace. Additionally, increase in the defense budget of various economies and technological advancements in the field are creating lucrative opportunities for the industry sphere to prosper. Furthermore, surging R&D investments in the field and growing focus of governments to strengthen their defense sector are adding momentum to the overall market growth. On the contrary, inability of radars to detect enemy drones due to their tiny size is hindering the remuneration scope of this business sphere.

There have been surging occurrences of cross border conflicts across the globe. Frequent attacks on the armed forces as well as civilians have raised security concerns among various governments. This has pushed them to make robust investments in strengthening their defense sector. This is turn is escalating the demand for military radars for the efficient navigation and monitoring of enemy activities.

The key market players are integrating advanced technologies into the radar systems to enhance their precision and overall functionality. The integration of high end software and innovative technologies such as IoT, AI, and Machine Learning enables military radars to identify and optimize targets without making any changes to the hardware. These factors are fueling the development of this marketplace.

Global Military Radars Market- Segmental Analysis:

Type Insights

The weapon locating radar segment is poised to amass notable gains over the estimated period due to the rising instances of geopolitical tension across the globe. The weapon locating radar segment in the military radars market refers to the use of radar systems to detect and locate enemy artillery and missile systems. These radar systems are critical for military operations, as they enable the timely detection and tracking of incoming enemy fire, allowing military personnel to take appropriate defensive measures.

Platform Insights

The Airborne Radar segment is expected to grow considerably over the stipulated timeframe. The airborne radar segment is a significant part of the military radar market. Airborne radar systems are used on aircraft, helicopters, and unmanned aerial vehicles (UAVs) for various military applications, including surveillance, reconnaissance, and target acquisition.

Range Insights

The Short Range segment is expected to grow considerably over the stipulated timeframe. Short Range military radar systems are used for detection, tracking, and identification of targets at ranges of up to 50 km. These radar systems are typically used for air defense, border surveillance, and ground-based applications such as perimeter security and battlefield management.

Component Insights

The Antenna segment is expected to grow considerably over the stipulated timeframe. The military radar market has been growing steadily in recent years, driven by increasing defense spending, rising geopolitical tensions, and the need for advanced surveillance and detection capabilities. The demand for high-performance radar systems is driving the development of advanced antenna technologies that can provide better range, resolution, and sensitivity.

Frequency Band Insights

The VHF/UHF Band segment is expected to grow considerably over the stipulated timeframe. VHF/UHF band is an important segment in the military radars market, especially for air defense applications. VHF (Very High Frequency) and UHF (Ultra High Frequency) bands are radio frequency bands that cover a range of frequencies from 30 MHz to 3 GHz and 300 MHz to 3 GHz, respectively. These bands are commonly used in military radars due to their ability to detect small targets at long ranges and penetrate through obstacles such as buildings and vegetation.

Dimension Insights

The 2D segment is expected to grow considerably over the stipulated timeframe. The demand for 2D military radars is expected to grow steadily in the coming years due to the increasing need for border security and defense against terrorist attacks. Additionally, the increasing geopolitical tensions and the modernization of military forces in developing countries are expected to drive the growth of the 2D segment in the military radars market.

Application Insights

The Airborne Mapping segment is reckoned to bolster significantly over the forecast period. The growth of the airborne mapping in military radars market can be attributed to several factors, including the increasing demand for situational awareness and intelligence gathering capabilities, the growing use of unmanned aerial vehicles (UAVs) for military applications, and the focus on modernizing defense equipment and technologies.

End User Insights

The Air Force segment is reckoned to bolster significantly over the forecast period. The air force uses several types of military radars, including ground-based radars, airborne radars, and space-based radars. Ground-based radars are used for air defense and early warning, while airborne radars are used for surveillance and reconnaissance. Space-based radars are used for monitoring and tracking objects in orbit and detecting ballistic missile launches.

Regional Insights

The major regions constituting the geographical ambit of this marketplace are North America, Middle East & Africa, Europe, Asia Pacific, and Latin America. Among these, North America is poised to capture a substantial revenue share over the projected period of 2023-2033. This is attributable to the rising cross border disputes and terrorist activities along with the presence of top market players in the region.

Competitive Analysis

The prominent players characterizing the competitive terrain of this business sphere are Northrop Grumman Corporation, Thales Group, Lockheed Martin Corporation, Israel Aerospace Industries Ltd., BAE Systems, Raytheon Technologies Corporation, Saab AB, Leonardo S.p.A, ASELSAN A., and L3Harris Technologies, Inc.

·         Notably, in November 2019, Leonardo S.P.A. inked a partnership deal with PT LEN to diversify its military radars portfolio.

Global Military Radars Market- Segmental Analysis

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

• Weather Radar

By Platform

• Airborne Radar

• Land Radar

• Naval Radar

• Space Based Radar

By Range

• Very Short

• Short Range

• Medium Range

• Long Range

By Component

• Antenna

• Digital Signal Processor

• Display

• Duplexer

• Receiver

• Stabilization System

• Transmitter

By Frequency Band

• VHF/UHF Band

• L Band

• S Band

• C Band

• X Band

• Ku/Ka/K Band'

By Dimension

• 2D

• 3D

• 4D

By Application

• Airborne Mapping

• Airspace Monitoring & Traffic Management

• Air & Missile Defense

• Ground Force Protection & Counter Battery

• Ground Surveillance & Intruder Detection

• Mine Detection & Underground Mapping

• Navigation

• Weapon Guidance

• Weather Monitoring

By End User

• Air Force

• Army

• Navy 

Why to buy this Report?

The report provides quantitative and qualitative aspect for Global Military Radars Market in terms of value and volume, along with supporting market trends, challenges, restraints.

The report provides an in depth analysis from both Technology and consumption point of view at the regional and country level. Key Factors considered within the report scope are Technology Type capacity by countries/regions, average End user, consumption ratio, revenue earned and gross margin.

The report provides competitive analysis of around 30-50 companies operated in Global Military Radars Market, these companies are bifurcated into niche players, the leaders and major contenders. The companies are analyzed in terms of following factors such as:

•             Business Model

•             Technology, Capacity, Revenue, Sales, Gross Margin

•             Key Business Strategy

•             SWOT Analysis

In terms of competitive landscape, the report provides distinctive factors that would help the Card Technology Vehicle Type in taking a key decision within the business:

•             Company Share Analysis from 2020-2022

•             Company Analysis by Revenue and Sales

•             Company Technology Type Capacity, Gross Margin

•             Company Share Analysis by Technology Type/ Technology Vehicle Type

•             Company Share Analysis by Technology Type/Specification