Global Radars Market – Size, Outlook, Trends and Forecast (2024 – 2032)

Radar is an electromagnetic system used to detect distance and location of object form the position of placed radar. Global radars market size was valued at $8.5 billion in 2017 and is estimated to reach $11.72 billion by 2025 with the CAGR of 4.1% during 2019-2025. The major drivers for the growth of the market are developments in electronics, replacement of obsolete systems, increasing the disputes of transnational disputes & regional instability and technological advancements. However, high cost for developing military radars, new techniques for radar jamming and issues regarding integration of military radars within existing defence system are hindering the growth of the market. Whereas implementing the ground surveillance radars for border monitoring, need of new generation air and missile defence system and requiring lightweight UAV radars are expected to drive the market growth in future.

Research Study Objectives:

• Define, estimate, and forecast the radars market statistics by product type, component, dimension, frequency band, range, platform, application, end users and regions concerning the individual growth drivers, market trends and their contribution toward the radars market growth.
• Provides comprehensive information regarding the key factors influencing the market growth (drivers, restraints & challenges, and opportunities)
• Estimate & forecast the market size of all the segments concerning geographies including North America, Europe, Asia Pacific (APAC), South America and the Middle East and Africa (MEA).
• Recent competitive developments including M&A (mergers and acquisitions), partnerships, and product innovations are provided in the radars market analysis report.
• Analysis and conclusions on the future radars market outlook.

Top-down and bottom-up approaches are used to validate the radars market size and are used to estimate the size of other dependent submarkets. Key players in the market are identified through various secondary sources; databases including Bloomberg Businessweek, Hoovers, Factiva, journals and associations and the market revenues are estimated and are thoroughly validated through primary and secondary research. Secondary research involves the study of annual and financial reports of top players in the market, whereas primary research includes extensive interviews with the KoL’s such as CEOs, directors, board members, VP’s, sales managers, engineers, marketing executives, technicians, account managers, investors, strategic decision makers and others. The radars market shares and breakdowns are determined using secondary sources and are verified by the primary sources. All possible parameters/factors that are affecting the radars market demand are covered in the research study are verified through primary research, analysed and interpreted to get the final qualitative and quantitative data. This data is collected and added with detailed analysis from Envision Inteligence and presented in this report.

The scope of the Report

The radars market segmentation is as follows:

By Product Type

• Ground Penetrating Radar
• Surveillance & Airborne Early Warning Radar
  • Airborne Surveillance Radar
  • Land Surveillance Radar
  • Naval Surveillance Radar
  • Space Surveillance Radar
• Tracking & Fire Control Radar
  • Airborne Tracking & Fire Control Radar
  • Land Tracking & Fire Control Radar
  • Naval Tracking & Fire Control Radar
  • Space Tracking & Fire Control Radar
• Multi-Function Radar
  • Land Multi-Function Radar
  • Naval Multi-Function Radar
• Synthetic Aperture & Moving Target Indicator Radar
• Weapon Locating & C-Ram Radar
• Weather Radar
  • Airborne Weather Radar
  • Land Weather Radar

By Component

• Stabilization System
• Antenna
  • Parabolic Antenna
  • Slotted Waveguide Antenna
  • Active Scanned Array Antenna
  • Passive Scanned Array Antenna
• Transmitter
  • Microwave Tube Based Transmitter
  • Solid-State Electronics Transmitter
• Duplexer
• Receiver
• Display
• Digital Signal Processor

 By Dimension

• 2D Radars
• 3D Radars
• 4D Radars

By Frequency Band

• UHF/VHF
• L Band
• S Band
• C Band
• X Band
• Ku/K/Ka Band

By Range

• Long Range
• Medium Range
• Short Range
• Very Short range

By Platform

• Land Radar
• Fixed Land Radar
• Mobile Land Radar
• Naval Radar
• Ship-Based Naval Radar
• Coastal Naval Radar
• Airborne Radar Market
• Manned Aircraft Airborne Radar
• UAV Airborne Radar
• Space-Based Radar

By Application

• Weather Monitoring
• Airspace Monitoring & Traffic Management
• Air & Missile Defense
• Weapon Guidance
• Ground Surveillance & Intruder Detection
• Airborne Mapping
• Navigation
• Mine Detection & Underground Mapping
• Ground Force Protection & Counter Battery

By End User

• Navy
  • Airborne Radars
  • Coastal Radars
  • Ship-Based Radars
• Army
  • Airborne Radars
  • Land Radars
  • Over the Horizon Radars
  • Missile and Gunfire Control Radars
  • Perimeter Surveillance Radars
  • Long Range Surveillance Radars
• Air Force
  • Airborne Radars
  • Land Radars
  • Precision Approach Radar
  • Surface Movement Radar
  • Weather Navigation Radar

Geographical Analysis:

Radars market is segmented by geography into North America, South America, Europe, Asia Pacific and Middle East & Africa. U.S., Canada, Mexico and Costa Rica are analysed under North American region which is usually turning as the hotspot in the market. The South American region is further segregated into Brazil, Argentina, Chile, Columbia and some other emerging economies. In Europe, the market is extensively examined by covering U.K., Germany, France, Italy, Spain, Netherlands, Poland, Switzerland and some other promising economies. Asia Pacific is further categorised by countries into China, India, Japan, South Korea, Australia & New Zealand, Malaysia, Singapore and many other emerging nations. In the Middle East & African region, Saudi Arabia, UAE, Iran, Iraq, Qatar, South Africa, Algeria, Morocco, Nigeria and so on countries are evaluated to understand the market growth lucidly.

Customization Options:

With the given research report, Envision Inteligence offers customisations as per the client’s specific requirements. The following customisation options offered for the radars market include:

• Scope Revision
• Geographic Analysis
• Company Profiles
• Historical Data & Forecasting
• Key Contact Persons in companies

Global Radars Market Research Report Includes:

• An executive summarycondensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
• To have a complete market analysis through industry value chain analysis, Porter’s Five Force Model, PESTLE, SWOTanalysis, and Y-o-Y analysis.
• Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year–On–Year
• Identifying DROC in the current market and their impact on altering market dynamics.
• Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial study with significant competitors.
• Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
• Identify the latest developments, market shares and strategies that are employed by the significant radars, such as
  • Raytheon Company, Inc.
  • Rockwell Collins, Inc.
  • Thales S. A.
  • BAE Systems PLC
  • Harris Corporation

Along with these companies, many other companies are considered in the report while analysing the global radars market competitive strategies and environment. These companies held substantial share-owning to the nature of the industry whereas, the rest of the market shares are marginal chunks to regional and local level manufacturers. Other players also have considerable presence owing to its robust brand image, geographical reach and stable customer base.