Coherent Radar Market Size (2024 - 2029)

Coherent Radar Market Analysis

The Coherent Radar Market size is estimated at USD 9.83 billion in 2024, and is expected to reach USD 15.21 billion by 2029, growing at a CAGR of 9.10% during the forecast period (2024-2029).

Coherent radar has various applications in the military. It can detect and track fast-moving and stealthy targets and provide high-resolution images of the terrain and objects of interest. The demand for coherent radar in the military is expected to grow in the coming years due to the rise in terrorism and geopolitical tensions in certain regions like the Middle East and Asia-Pacific. This factor has led to a rise in defense expenditure on modernizing surveillance technology, such as coherent radar, to detect any potential threat.

The rapid digitization of the battlefield has fostered the adoption of C4ISR systems to gain a tactical edge over hostile forces. These include the assimilation of data from various sources, including passive detection and monitoring through the use of coherent radars, thereby creating an opportunity for adopting these systems on the battlefield.

However, adopting advanced coherent radar systems is limited to technologically advanced countries. Hence, the diversion of procurement and R&D funds toward other sectors can deleteriously affect market growth. Despite this factor, the market is expected to grow positively during the forecast period due to the demand driven by rising geopolitical tensions and increasing defense expenditures in various economies worldwide.

Continuous advancements in radar technologies, such as the development of solid-state radar systems and the integration of artificial intelligence, are expected to drive the growth of this market as these technological advancements enable improved performance and increased efficiency of radar systems.

Coherent Radar Industry Segmentation

A coherent radar extracts information about a target by measuring the phases of the echoes reflected from the body of the target. While the phase information of the reflected electronic pulses can be used to improve the signal-to-noise ratio, the radar systems can estimate the velocity of the target using the Doppler effect and resolve its location in a synthetic aperture radar.

The coherent radar market is segmented by platform type and geography. By platform type, the market is segmented into airborne, terrestrial, and naval. The report also covers the market sizes and forecasts for the coherent radar market in major countries across different regions. For each segment, the market size is provided in terms of value (USD).