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Military Radar Market Analysis

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

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Military Radar Market Analysis

Military Radar Market Size, By Component, 2021-2032, (USD Billion)

Based on components, the market is segmented into antenna, transmitter, receiver, duplexer, and others. The antenna segment dominated the market with a share of over 25% in 2022.

Modern military radar systems are becoming increasingly sophisticated, requiring high-performance antennas to support their capabilities. These antennas are designed to transmit and receive signals with precision & efficiency, allowing for better target detection and tracking.
To enhance long-range detection capabilities, military radar systems are adopting larger, more powerful antennas that can operate at high frequencies, allowing for improved target identification and tracking.

Military Radar Market Share, By Range, 2022

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Based on range, the market is divided into short [<50 km], medium [50 - 200 km], and long [>200 km]. The long [>200 km] segment is anticipated to register a CAGR of over 6% through 2032.

Long-range radars provide early warning capabilities, allowing military forces to detect and track threats from a considerable distance. This advanced notice is critical for effective response and strategic planning.
Long-range radars can be employed for strategic surveillance and monitoring activities including maritime domain awareness, airspace control, and protection of critical infrastructure.

US Military Radar Market Size, 2021-2032, (USD Billion)

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North America dominated the global military radar market with a share of over 26.5% in 2022. The region faces diverse security threats including missile defense, border security, and maritime surveillance, which necessitate advanced radar systems. Additionally, the U.S., as a major player in the global defense industry, continually invests in radar technology for its armed forces & allies, driving innovation and demand. The North American market benefits from a robust defense budget and government initiatives supporting modernization efforts. Furthermore, the proliferation of aerospace and defense companies in the region fosters a competitive landscape, encouraging the development of cutting-edge radar systems to maintain military superiority.

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.