Add 2 More Reports For 20% off

Report Overview

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.

2024

Base Year

2018-2024

Historical Year

2025-2034

Forecast Year

  • In 2023, the total global military spending amounted to $2,443 billion, reflecting a real-term increase of 6.8% compared to 2022.
  • The automotive sector represents approximately 3% of the global GDP, with the highest proportion found in emerging markets like China and India, where it constitutes 7% of their respective GDPs.
  • The aviation sector contributes $3.5 trillion globally, which accounts for 4.1% of the global gross domestic product.
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%

Global Radar Market Growth

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.

Compound Annual Growth Rate

Value in USD Billion

3.7%

2025-2034


Radar Market Outlook

*this image is indicative*

Key Trends and Developments

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.

Global Radar Market Trends

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 Industry Segmentation

Global 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 Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
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%

Global Radar Market Share

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.

Leading Companies in the Global Radar Market

Major players are focusing on the adoption of advanced 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.

*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.*

Looking for specific insights?

Get in touch with us for a customized solution tailored to your unique requirements and save upto 35%!

Key Questions Answered in the Report

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.

Report Summary

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.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

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

  • Component
  • Radar Service
  • Platform
  • End Use
  • Region
Breakup by Component
  • Antenna
  • Transmitter
  • Receiver
  • Others
Breakup by Radar Service
  • Installation/Integration
  • Support and Maintenance
  • Training and Consulting
Breakup by Platform
  • Ground-Based
  • Airborne
  • Naval
  • Space Based
Breakup by End Use
  • Military Applications
  • Air Traffic Control
  • Remote Sensing
  • Ground Traffic Control
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • 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

Purchase Full Report

Datasheet

 

USD 2,199

USD 1,999

tax inclusive*

  • Selected Sections, One User
  • Printing Not Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Single User License

One User

USD 3,299

USD 2,999

tax inclusive*

  • All Sections, One User
  • One Print Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Five User License

Five Users

USD 4,399

USD 3,999

tax inclusive*

  • All Sections, Five Users
  • Five Prints Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Corporate License

Unlimited Users

USD 5,499

USD 4,999

tax inclusive*

  • All Sections, Unlimited Users
  • Unlimited Prints Allowed
  • Email Delivery in PDF + Excel
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

How To Order

Our step-by-step guide will help you select, purchase, and access your reports swiftly, ensuring you get the information that drives your decisions, right when you need it.

Select License Type

Choose the right license for your needs and access rights.

Click on ‘Buy Now’

Add the report to your cart with one click and proceed to register.

Select Mode of Payment

Choose a payment option for a secure checkout. You will be redirected accordingly.

Strategic Solutions for Informed Decision-Making

Connect For More Information

Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.

Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.

We employ meticulous research methods, blending advanced analytics and expert insights to deliver accurate, actionable industry intelligence, staying ahead of competitors.

Our skilled analysts offer unparalleled competitive advantage with detailed insights on current and emerging markets, ensuring your strategic edge.

We offer an in-depth yet simplified presentation of industry insights and analysis to meet your specific requirements effectively.

We’re here to help answer any questions about our products and services.

Contact us

Our Offices


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

United States (Head Office)

30 North Gould Street, Sheridan, WY 82801

+1-415-325-5166

Vietnam

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

+84-865-399-124

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