Report Overview

The global military radar market value reached approximately USD 15.93 billion in 2023. The market is expected to grow at a CAGR of 4.4% between 2024 and 2032 to reach a value of USD 23.46 billion by 2032.

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

  • According to industry findings, in 2023, United States military AI spending saw a significant surge, nearly tripling from the previous year.
  • The total expenditure on AI-related federal contracts reached USD 675.3 million by August 2023, compared to USD 261 million in 2022, boosting the growth of military radar market.
  • The Department of Defence led this increase, with its spending rising from USD 190.4 million to USD 557.1 million.

Military Radar Market Share

By Component Analysis

Advanced components like antennas and digital signal processors are driving growth in military radar.

Each aspect of this market is on the increase due to the technology requirements. The antenna with phased-array technology acquires the target more quickly, while the transmitters provide more power and efficiency in transmitting the signals, and the receivers improve the sensitivity for better detection capabilities. As per military radar market analysis, the power amplifier helps to increase the range of radar, and the duplexers enabled simultaneous transmission and reception. Advanced data analysis would be impossible without digital signal processors, and graphical user interfaces are improving the user experience and operational efficiency. Critical stabilization systems also play an important role in ensuring the accuracy of such dynamic systems, ensuring reliable performance in military applications.

Market Analysis by Platform

Military radar is increasingly popular in oil, gas, construction, and industrial sectors.

Military radar is finding acceptance across many different platforms. In the oil and gas industry, pipelines are being monitored, as well as offshore platforms are being tracked to enhance the safety of any threat against them. In the construction industry, more radars are being deployed for the site surveillance and safety monitoring process. The advanced radar system enhances process efficiency and also security in industrial applications. The warehousing sector also gets an advantage through the implementation of radar technology with its inventory management and theft protection. Furthermore, the "others" category is growing with transport and logistics. The organisations look for reliable solutions of asset protection and operation overview.

Frequency Band Insights

UHF/VHF frequencies and multi-band radars drive growth in military radar applications.

Among the different frequencies, the UHF/VHF frequency is expected to hold a significant military radar market share. UHF stands for “Ultra High Frequency” and VHF stands for “Very High Frequency”, and surveillance radars with these frequencies are high in demand due to their specialised design to detect smaller objects at a greater range. These are increasingly being used for airborne and maritime applications. Ku/K/Ka bands are also rising in demand. These multi-band radar frequencies improve signal clarity, and there is a growing demand for better signal quality in radar systems, further driving the growth of the military radar market.

Market Analysis by Dimension

Installation, maintenance, and training services are increasingly essential for military radar systems.

The military radar market is gaining traction across various dimensions. Installation and integration services are increasingly sought after as new radar systems become more complex, requiring expert deployment. Support and maintenance are essential for ensuring operational readiness and longevity of radar systems, prompting investment in reliable service contracts. As per military radar industry analysis, training and consulting services are gaining importance, as military personnel need specialised knowledge to effectively operate advanced radar technologies, enhancing overall mission success and safety.

By Application Analysis

Ground surveillance and airspace monitoring are driving growth in military radar applications.

The ground surveillance and intruder detection segment are anticipated to hold a major share of the market. This development can be attributed to the increasing demand for advanced radars to be implemented for border security. The rising border conflicts have increased the investment in border defence systems, thereby aiding the military radar market growth. Airspace monitoring is expected to be the fastest growing segment, owing to the advanced monitoring systems allowing control centres to monitor all aircraft in the airspace.

Military Radar Market Report Snapshots

Military Radar Market Size

Military Radar Market Growth

Military Radar Market Analysis

Military Radar Market Share

Military Radar Companies

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

In 2023, the global market for military radar reached a size of approximately USD 15.93 billion.

The global military radar market is assessed to grow at a CAGR of 4.4% between 2024 and 2032.

The global market for military radar is expected to reach a value of USD 23.46 billion in 2032.

The market is driven by the rising demand for advanced radar systems and a focus on increasing border security.

The rising border conflicts among multiple countries in the world is the major trend driving the market growth.

The market is broken down into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.

Based on the components, the market is divided into antenna, transmitter, receiver, power amplifier, duplexer, digital signal processor, graphical user interface, and stabilisation system, among others.

The different platforms in the market include land radar, naval radar, airborne radar, and space-based radar.

The technologies in the market include software-defined radar (SDR), quantum radar, and traditional/noise radar.

The military radar market has HF/VHF/UHF-band, L-band, S-band, C-band, X-band, and Ku/K/Ka-Band, among other frequencies.

available dimensions in the market of military radar are installation/integration, support and maintenance, training and consulting, among others.

The applications in the market include airspace monitoring and traffic management, weapon guidance, ground surveillance and intruder detection, airborne mapping, navigation, ground penetration, and space situational awareness, among others.

The market's key players are Honeywell International Inc., Lockheed Martin Corporation, Northrop Grumman Systems Corporation, Saab AB, Israel Aerospace Industries Ltd., Raytheon Technologies Corporation, and Airbus SA, among others.

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30 North Gould Street, Sheridan, WY 82801

+1-415-325-5166

63 Fiona Drive, Tamworth, NSW

+61-448-061-727

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.

+63-287-899-028, +63-967-048-3306

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84-865-399-124

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