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The global radar market reached around USD 37.64 Billion in 2024. The market is projected to grow at a CAGR of 3.70% between 2025 and 2034 to reach nearly USD 54.13 Billion by 2034.
Base Year
Historical Year
Forecast Year
Global Radar Market Report Summary | Description | Value |
Base Year | USD Billion | 2023 |
Historical Period | USD Billion | 2018-2023 |
Forecast Period | USD Billion | 2024-2032 |
Market Size 2023 | USD Billion | 36.30 |
Market Size 2032 | USD Billion | 50.34 |
CAGR 2018-2023 | Percentage | XX% |
CAGR 2024-2032 | Percentage | 3.7% |
CAGR 2024-2032 - Market by Region | Asia Pacific | 4.1% |
CAGR 2024-2032 - Market by Country | USA | 4.0% |
CAGR 2024-2032 - Market by Country | China | 3.9% |
CAGR 2024-2032 - Market by Radar Service | Support and Maintenance | 4.5% |
CAGR 2024-2032 - Market by Platform | Space Based | 4.7% |
Market Share by Country 2023 | Brazil | 2.6% |
The global maritime sector plays a crucial role in facilitating more than 80% of international trade. Projections indicate that maritime trade volumes are expected to experience a growth rate exceeding 2% through 2028. As maritime trade increases and ports expand, the demand for radar systems to effectively manage vessel traffic and ensure safe navigation is on the rise. These radar systems are essential for preventing collisions and enhancing port operations. With 40% of the global population residing in coastal areas, ensuring the safety of coastal areas is of paramount importance. Maritime nations are making significant investments in radar technology to monitor their coastlines and safeguard against various threats, including illegal fishing, smuggling, piracy, and unauthorised incursions.
Recent projections indicate that the demand for air transportation is anticipated to grow at an average rate of 4.3% annually over the next two decades. Should this trajectory be realised by 2036, the air transport sector is expected to contribute approximately $1.5 trillion to the global GDP. By the mid-2030s, it is forecasted that at least 200,000 flights will be conducted daily across the globe. As global air traffic continues to expand, there is an imperative for sophisticated radar systems to ensure the efficient and safe management of air traffic. This necessitates the enhancement of current infrastructure with next-generation radar technologies capable of accommodating the increased flight volume and improving situational awareness.
Value in USD Billion
2025-2034
Radar Market Outlook
*this image is indicative*
Rising defence expenditure, advancements in radar technology, growing focus on marine security and surveillance, and integration of artificial intelligence and machine learning in radars are the major trends impacting the global radar market expansion
Jan 2023
Northrop Grumman Corporation announced that it was developing the AN/APG-85, a sophisticated Active Electronically Scanned Array (AESA) radar system intended for the F-35 Lightning II aircraft. The radar, integrated with the latest technologies, aims to provide excellent battlespace situational awareness as well as platform survivability, effectiveness, and lethality.
March 2023
The advanced technology component producer, Ontic, entered into three licensing agreements with Honeywell to provide a variety of radar systems, as well as navigation and communication product lines.
May 2024
A groundbreaking development in air traffic control occurred in Calama, located in Chile's Atacama Desert, marked by the inauguration of a radar station provided by Thales, which operates entirely on solar energy. The solar-powered radar system, developed by Thales for Chile’s DGAC, combines efficient and advanced STAR NG primary radar and RSM secondary radar for providing operational surveillance requirements of military and civil air traffic control.
Rising Defence Expenditure
Numerous nations are augmenting their defence expenditures to enhance their military capabilities. This effort encompasses the acquisition of sophisticated radar systems aimed at strengthening their air defence, missile detection, surveillance, and electronic warfare capabilities. The imperative to maintain a technological edge and safeguard national security propels substantial investments in radar technologies.
Advancement in Radar Technology
Active Electronically Scanned Array (AESA) radars are increasingly being adopted owing to their advanced features, which include enhanced target tracking speed, improved resolution, and increased resistance to jamming. This technology is being incorporated into contemporary fighter aircraft, naval ships, and terrestrial defence systems.
Rising Demand for Radar in the Automotive Sector
The flourishing automotive sector significantly contributes to the surging demand for radar, especially with the increasing adoption of Advanced Driver Assistance Systems (ADAS) and autonomous driving technologies. Radar systems play a crucial role in functionalities such as adaptive cruise control, collision avoidance, blind-spot monitoring, and parking assistance.
Growing Marine Security and Surveillance Activities
Nations with maritime interests are allocating resources towards radar systems to oversee their coastlines and safeguard against various threats, including illegal fishing, smuggling, piracy, and unauthorised incursions. These systems play a vital role in upholding national security and asserting sovereignty over territorial waters.
Integration of Artificial Intelligence and Machine Learning in Radars
The integration of artificial intelligence and machine learning into radar systems is becoming more prevalent, significantly enhancing their data processing abilities. These advanced technologies allow radars to eliminate background noise, precisely recognise and categorise objects, and forecast movements by analysing historical data, thereby improving their overall performance.
Radar systems play a crucial role in enhancing situational awareness and providing real-time data on maritime activities. These systems enable countries to detect and track vessels operating within their territorial waters, allowing for timely responses to suspicious or illegal activities. By integrating radar technology with other surveillance tools, such as satellite imagery and aerial reconnaissance, nations can create a comprehensive maritime domain awareness framework.
Global Radar Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Component
Market Breakup by Radar Service
Market Breakup by Platform
Market Breakup by End Use
Market Breakup by Region
CAGR 2024-2032 - Market by | Country |
USA | 4.0% |
China | 3.9% |
UK | 3.8% |
Brazil | 3.5% |
Germany | 3.4% |
Canada | XX% |
France | XX% |
Italy | XX% |
Japan | XX% |
India | XX% |
Australia | XX% |
Saudi Arabia | XX% |
Mexico | 3.2% |
Based on the radar service, the market is segmented into installation/integration, support and maintenance, and training and consulting. The support and maintenance segment is projected to grow at a CAGR of 4.5% during the forecast period of 2024-2032. The maintenance and support of radar systems encompass regular inspections, repairs, and enhancements to guarantee peak performance and dependability. Efficient support and maintenance reduce downtime, prolong the lifespan of the equipment, and ensure the precision of radar data, which is essential for safety and operational effectiveness across a range of applications.
Major players are focusing on the adoption of advanced radar technologies to gain a competitive edge in the market.
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.
*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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In 2024, the market attained a value of nearly USD 37.64 Billion.
The market is assessed to grow at a CAGR of 3.70% between 2025 and 2034.
The market is estimated to reach around USD 54.13 Billion by 2034.
The market is being driven by the rising defence and national security expenditure and increasing demand for radars in the automotive sector.
The key trends aiding the market expansion include growing marine security and surveillance activities and the integration of artificial intelligence and machine learning in radars.
The major end uses of radar are military applications, air traffic control, remote sensing, and ground traffic control, among others.
The major regions considered in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The major players in the market are Honeywell International Inc., Lockheed Martin Corporation, Northrop Grumman Corp., BAE Systems Plc, RTX Corp., Thales S.A., Saab AB, SRC Inc., General Dynamics Corp., and Leonardo S.p.A, among others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
REPORT FEATURES | DETAILS |
Base Year | 2024 |
Historical Period | 2018-2024 |
Forecast Period | 2025-2034 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment
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Breakup by Component |
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Breakup by Radar Service |
|
Breakup by Platform |
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Breakup by End Use |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
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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