North America Radar Market Size and Share Outlook - Forecast Trends and Growth Analysis Report (2024-2032)

North America Radar Market Growth

The trade tensions between the United States and China, along with disruptions in supply chains, the conflict between Russia and Ukraine, and the general instability of the global order have resulted in significant geopolitical strain for North America. The United States possesses the world's most formidable military, with substantial government investments directed towards this sector. During times of geopolitical unrest, radar technology becomes increasingly crucial, delivering essential capabilities for defence, surveillance, and early warning systems. In regions characterised by disputed or unstable borders, radar systems play a vital role in monitoring and securing these boundaries. They are capable of detecting and tracking the movements of military personnel, vehicles, and unauthorised entries, thereby providing early alerts regarding potential incursions or violations.

The aerospace sector in Canada contributed more than C$27 billion (approximately US$20.8 billion) to the nation's GDP. In the third quarter of 2023, the combined operating revenue of the 24 largest air carriers in Canada reached $9.6 billion. During this period, Canadian airlines facilitated the transportation of 25.0 million passengers through both scheduled and charter services. Radars play a crucial role in the monitoring and management of air traffic within controlled airspace. Air traffic control radars are responsible for tracking the position, altitude, and speed of aircraft, thereby ensuring safe distances between them and preventing potential collisions.

Key Trends and Developments

Increased defence spending, rising geopolitical tensions, wide applications of radars in air traffic management, and the expansion of the automotive sector are the major trends impacting the North America radar market growth

April 2024

Northrop Grumman obtained a potential contract modification valued at $167.1 million from the U.S. Navy for the provision of four lot 6 full-rate production Ground/Air Task Oriented Radar systems. G/ATOR, the multimission radar system, aims to help the Marine Corps force identify, detect, and track cruise missiles, remotely piloted vehicles, and mortar fire, among other airborne threats.

June 2024

Raytheon, a subsidiary of RTX, granted a contract valued at $677 million to continue the production of AN/SPY-6(V) radars for the United States Navy. Under the contract, the US Navy aims to receive 7 radars, surging the total amount of radars under the contract for procurement to 38.

August 2024

United Airlines chose Honeywell to supply avionics for its new 737 Max aircraft. Honeywell will deliver technologies such as 3D weather radar, state-of-the-art 25-hour flight data recorders, and sophisticated traffic avoidance systems.

Increasing Defence Spending

The United States possesses one of the most substantial defence budgets globally, which fosters a considerable demand for sophisticated radar systems. This encompasses funding for air defence, missile detection, surveillance, and electronic warfare capabilities, all aimed at ensuring national security and sustaining global military dominance.

Wide Applications of Radars in Air Traffic Management

The growth of the civil aviation sector in North America is fuelling the need for sophisticated radar systems for air traffic management, which are crucial for maintaining safety and efficiency at airports. These radar systems play a vital role in overseeing airspace, regulating air traffic, and improving safety, especially in congested air corridors.

Expansion of the Automotive Sector

The flourishing automotive sector in North America is increasingly integrating radar technology into vehicles for advanced driver-assistance systems. These include applications such as adaptive cruise control, collision avoidance, blind-spot detection, and autonomous driving systems, all of which rely on radar for accurate detection and response.

Growing Focus on National Security Amid Geopolitical Tensions

The persistent geopolitical tensions, especially involving major global powers and non-state entities, have heightened the focus on homeland security and defence measures. Radar systems play a vital role in providing early warnings, detecting threats, and monitoring potential dangers across air, sea, and land domains, which encompasses missile strikes and unauthorised entries into airspace.

Rising Use of Radars in Natural Disaster Management and Weather Monitoring

The necessity for precise weather observation and effective disaster management, especially in areas susceptible to severe weather phenomena such as hurricanes, tornadoes, and snowstorms, fuels the demand for weather radar systems. These radars deliver essential information for forecasting and early alerts, thereby assisting in reducing the consequences of natural disasters.

North America Radar Market Trends

The increasing frequency and intensity of severe weather events underscore the importance of precise weather observation and effective disaster management. The demand for weather radar systems is driven by the need for accurate forecasting and early warning capabilities, which are essential for reducing the consequences of natural disasters. By investing in advanced radar technology and fostering collaboration among meteorologists, emergency responders, and community leaders, legal authorities can enhance resilience to the challenges posed by severe weather and protect lives and property in vulnerable areas.

North America Radar Industry Segmentation

North America Radar Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:

Market Breakup by Component

• Antenna
• Transmitter
• Receiver
• Others

Market Breakup by Radar Service

• Installation/Integration
• Support and Maintenance
• Training and Consulting

Market Breakup by Platform

• Ground-Based
• Airborne
• Naval
• Space Based

Market Breakup by End Use

• Military Applications
• Air Traffic Control
• Remote Sensing
• Ground Traffic Control
• Others

Market Breakup by Country

• United States
• Canada

North America Radar Market Share

Based on the platform, the market is segmented into ground-based, airborne, naval, and space based. The space based segment is projected to grow at a CAGR of 4.9% during the forecast period of 2024-2032. Space based radar serves as a robust instrument applicable to various fields, offering essential information for scientific research, environmental monitoring, and security operations.

Leading Companies in the North America Radar Market

Major players are focusing on the adoption of 3D and 4D radar technologies to gain a competitive edge in the market.

• Honeywell International Inc.
• Lockheed Martin Corporation
• Northrop Grumman Corp.
• BAE Systems Plc
• RTX Corp.
• Thales S.A.
• Saab AB
• SRC Inc.
• General Dynamics Corp.
• Leonardo S.p.A
• Others

The comprehensive report looks into the macro and micro aspects of the market. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.