North America Radar Systems Market – Size, Outlook, Trends and Forecast (2024

North America Radar Systems Market - Size

Study Period

2018 - 2030

Base Year For Estimation

2023

Forecast Data Period

2024-2030

Historical Data Period

2018-2021

CAGR

7 %

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

Radar is used to detect the range, angle and velocity of the objects. The escalation in demand for multi-function object detection system which is used for the surveillance, early warnings, missile control is driving the market growth of radars. The rise in the use of radars coupled with naval, airborne and space-based radars for the target incorporation will boost the market growth.

North America Radar Systems Market Size:

North America Radar Systems market is poised to reach the value of $XX billion in 2024 from $XX billion in 2017, growing with the CAGR of XX%. Key points like increased use of radars for uncrewed vehicles, the emergence of modern warfare systems such as electronic warfare and network-centric warfare, increased R&D investments by automotive industry to Improve the safety and comfort aspects in vehicles and improved capabilities of radar systems resulting in higher efficiency are driving the market growth. Whereas the facts like high cost incurred in the development of radar systems, government rules and regulations related to bandwidth allocation for commercial applications and system vulnerability due to electromagnetic jamming of sensors and noise interruption are hampering the market growth. The market has opportunities like the development of autonomous vehicle technology and development of low-cost and miniaturised radars.

North America Radar Systems Market Share:

The market is segmented as by component, by range, by technology, by application and by geography. By the component, the market

North America Radar Systems Market - Growth

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

is classified into antenna, receiver and transmitter. The antenna is the fastest growing segment owing to the various technological advancements. For example, the limitations of the conventional radars will be overcome with the newly incorporated array technology which has made the surveillance to be more effective. By range, the market is segmented into short range radars, medium range radars and long-range radars. Long range radar is dominating the market growth owing to the adoption of these radars in the defence and armies of various developed and developing countries to receive/transmit the information. Short-range radars are fastest growing due to increased usage in the commercial applications. By technology, the market is classified into pulsed radar and CW radar. Pulsed radar segment is expected to lead the market due to increased use of the pulsed radars for efficient and accurate object detection and range estimation. By application, the market is segmented into defence and commercial applications. The commercial segment is expected to lead the market owing to the increasing usage of radars for various industries like automotive and oil & gas. By geography, the market is classified into U.S., Canada and Mexico. The U.S. is expected to hold the most significant market share in the North America region owing to the increasing demand for the uncrewed vehicles in air surveillance for homeland and coastal surveillance in the region.

North America Radar Systems

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North America Radar Systems Market - Porter's Five Force Analysis

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

Market Trends:

United States air force selects the Northrop Grumman APG-83 SABR for F-16 AESA Radar upgrade.
Raytheon to expand its radar manufacturing in Mississippi with an investment of $100 million.

North

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