Military Radars Market Size (2024 - 2029)

Military Radars Market Analysis

The Military Radars Market size is estimated at USD 16.71 billion in 2024, and is expected to reach USD 21.47 billion by 2029, growing at a CAGR of 5.15% during the forecast period (2024-2029).

Radars are widely used in military applications for surveillance, navigation, weapon guidance, airspace monitoring, and other purposes. 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 geographies, such as the Middle East and Asia-Pacific.

A constant pursuit of technological superiority for defense and surveillance purposes characterizes radars for the military. The need for advanced threat detection, tracking, and target identification capabilities drives demand in this segment. With their rapid beam steering and high accuracy, phased array radars are increasingly prevalent in military applications. Trends in the military radar market include the integration of artificial intelligence (AI) for real-time threat analysis and decision-making. Stealth technology influences radar development, emphasizing reducing radar cross-sections to evade enemy detection.

However, the military radar systems market also faces some challenges, such as the high cost and complexity of radar systems, regulatory and environmental issues, vulnerability to jamming and spoofing, and competition from alternative technologies, such as lidar and sonar. Therefore, the market players must invest in research and development, innovation, and collaboration to overcome these challenges and gain a competitive edge.

Military Radars Industry Segmentation

Armed forces use military radars for surveillance, locating targets, tracking their movements, and directing other weapons or countermeasures against them. Military radars are also used for navigation and tracking weather changes. The study includes radars used by the navy (coastal radars and ship-based radars), air force (weather navigation radar, airborne radar, and precision approach radar), and army (perimeter surveillance radars, long-range surveillance radars, and fixed and movable land radars), as well as in space applications. The other applications include IED detection, airspace monitoring, traffic management, and weather monitoring.

The military radar systems market is segmented by platform, application, components, and geography. By platform, it is segmented into ground-based, naval, airborne, and space. By application, the market is classified into air and missile defense, intelligence, surveillance, and reconnaissance (ISR), navigation and weapon guidance, space situational awareness, and other applications. Based on components, the market is segmented into antennas, transmitters, receivers, power amplifiers, duplexers, digital signal processors, stabilization systems, and graphical user interfaces. The report also covers the market sizes and forecasts for the military radar systems market in major countries across different regions. For each segment, the market size and forecast are provided in terms of value (USD).