How big is the Long Range Radar Market?

The Long Range Radar Market size is expected to reach USD 5.30 billion in 2024 and grow at a CAGR of 4.65% to reach USD 6.65 billion by 2029. Read More

What is the current Long Range Radar Market size?

In 2024, the Long Range Radar Market size is expected to reach USD 5.30 billion. Read More

Who are the key players in Long Range Radar Market?

Lockheed Martin Corporation, HENSOLDT AG, BAE Systems plc, Leonardo S.p.A. and THALES are the major companies operating in the Long Range Radar Market. Read More

Which is the fastest growing region in Long Range Radar Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Long Range Radar Market?

In 2024, the North America accounts for the largest market share in Long Range Radar Market. Read More

What years does this Long Range Radar Market cover, and what was the market size in 2023?

In 2023, the Long Range Radar Market size was estimated at USD 5.05 billion. The report covers the Long Range Radar Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Long Range Radar Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Long Range Radar Market Size & Share Analysis - Industry Research Report

Long Range Radar Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Long Range Radar Market Report is Segmented by Platform (Airborne, Ground-Based, and Naval) and Geography (North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa). The Report Offers the Market Size in Value Terms in USD for all the Abovementioned Segments.

Long Range Radar Industry Overview

The long-range radar market is semi-consolidated, with players such as HENSOLDT AG, BAE Systems PLC, Leonardo SpA, Lockheed Martin Corporation, and THALES dominating the market. Market players are expected to enjoy good growth in terms of revenue owing to the growth in demand for intelligence, surveillance, and reconnaissance systems across the world. Governments and defense agencies are investing heavily in the modernization and expansion of their existing defense capabilities by building stealth aircraft, highly advanced naval vessels, and land-based reconnaissance systems, providing orders and contracts to the domestic and global market players for long-range radars.