The Military Radar Market is expected to be around US$ 19.30 Billion by 2027 at a CAGR of 4.66% in the given forecast period.
The global Military Radar market report scope includes detailed study covering underlying factors influencing the industry trends. The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Military Radar market share.
Radar systems in military is very useful for early warning detection of missiles, surveillance of air and ground, navigation at sea, air traffic control, and many others. It is also being used as terrorist scanner radar along with camera which usages ultrasonic frequency and numerous object detections that make use of image processing for achieving higher security at the national borders. Rising Procurement of air Defense systems and radar due to increasing Regional Instability & Transnational Disputes will drive the military radar Market. Similarly, the development of drones and UAV's will also lead to the development of the military radar market in the forecast period. The increasing requirement for improving border safety is expected to drive the demand for surveillance equipment and systems such as military radars. The radar system applications used in the Defense sector go outside surveillance activities as these systems are used for weapon guidance. Radar systems extensively used methods for guiding missiles, such as Semi Active Radar Homing and Active Radar Homing, make use of radar systems for correct target tracking. Increasing security concerns coupled with growing Defense budgets are instrumental in energizing the industry development prospects. Technological proliferation is positively affecting the industry and is leading to the development of lightweight radars.
The global Military Radar market is segregated on the basis of Platform as Airborne Radar, Ground Radar, and Naval Radar. Based on Range the global Military Radar market is segmented in Long, Medium, Short, and Very Short. Based on Application the global Military Radar market is segmented in Weapon Guidance, Airspace Monitoring & Traffic Management, Airborne Mapping, Ground Surveillance & Intruder Detection, Navigation, and Others.
Based on Frequency, the global Military Radar market is segmented in C-Band, S-Band, X-Band, L-Band, UHF/VHF, and Ku/Ka-Band. The report also bifurcates the global Military Radar market based on Component in Transmitter, Antenna, Receiver, Duplexer, and Others.
The global Military Radar market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Military Radar market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Honeywell International (The U.S.), Airbus SAS (Netherlands), Israel Aerospace Industries (Israel), Thales Group (France), Northrop Grumman Corporation (The U.S.), Lockheed Martin Corporation (The U.S.), General Dynamics (The U.S.), Leonardo S.p.A. (Italy), BAE Systems (The U.K.), Saab AB (Sweden), and others are among the major players in the global Military Radar market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
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The Military Radar Market has been segmented as below:
Military Radar Market, By Platform
- Airborne Radar
- Ground Radar
- Naval Radar
Military Radar Market, By Range
- Very Short
Military Radar Market, By Application
- Weapon Guidance
- Airspace Monitoring & Traffic Management
- Airborne Mapping
- Ground Surveillance & Intruder Detection
Military Radar Market, By Frequency
Military Radar Market, By Component
Military Radar Market, By Region
- North America
- Rest of the World
Military Radar Market, By Company
- Honeywell International
- Airbus SAS
- Israel Aerospace Industries
- Thales Group
- Northrop Grumman Corporation
- Lockheed Martin Corporation
- General Dynamics
- Leonardo S.p.A.
- BAE Systems
- Saab AB
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The report covers:
- Global Military Radar market sizes from 2018 to 2027, along with CAGR for 2022-2027
- Market size comparison for 2020 vs 2027 with actual data for 2021, estimates for 2022 and forecast from 2022 to 2027
- Global Military Radar market trends, covering comprehensive range of consumer trends & manufacturer trends
- Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Military Radar market
- Major market opportunities and challenges in forecast timeframe to be focused
- Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
- Comprehensive company profiles of the key industry players
The global Military Radar market report scope includes detailed study covering underlying factors influencing the industry trends. The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Military Radar market share. Major industry players with significant revenue share include Honeywell International, Airbus SAS, Israel Aerospace Industries, Thales Group, Northrop Grumman Corporation, Lockheed Martin Corporation, General Dynamics, Leonardo S.p.A., BAE Systems, Saab AB, and others.
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