Global Radar Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Application;

Defense & Aerospace, Marine, Weather Forecasting, Remote Sensing, Automotive and Others Key Trends.

By Type;

Detection & Search Radar, Targeting RADAR, Weather-Sensing RADAR , Navigational RADAR, Mapping RADAR and Others.

By Range;

Short Range, Medium Range, and Long Range.

By Platform;

Land, Naval, Airborne and Space.

By Component;

Antenna, Transmitter, Duplexer, Receiver, Display , Digital Signal Processor and Stabilization Platform.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn143646821 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Radar Market (USD Million), 2021 - 2031

In the year 2024, the Global Radar Market was valued at USD 39,280.19 million. The size of this market is expected to increase to USD 54,538.42 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.8%.

The global radar market is a vital segment within the broader defense and aerospace industries, driven by advancements in technology and increasing demand for enhanced situational awareness across various sectors. Radars play a crucial role in detecting and tracking objects such as aircraft, ships, missiles, and weather patterns, making them indispensable for both military and civilian applications.

In recent years, technological innovations have significantly shaped the radar market landscape. The shift towards digital signal processing (DSP), phased array systems, and integration with other sensor technologies has improved radar performance, accuracy, and reliability. These advancements have enabled radars to operate effectively in diverse environments and under challenging conditions, enhancing their utility in defense, aviation, maritime surveillance, and meteorology.

The defense sector remains the largest consumer of radar systems, driven by the need for robust capabilities in intelligence, surveillance, and reconnaissance (ISR), as well as in missile defense systems. Modern military radars are increasingly characterized by multifunctionality, capable of performing multiple tasks simultaneously, such as surveillance, target tracking, and weapon guidance. This versatility not only enhances operational efficiency but also reduces the logistical footprint by consolidating multiple functionalities into a single platform.

The commercial radar market has seen substantial growth, driven by applications in aviation, weather monitoring, ground traffic control, and industrial automation. Airports utilize radar systems for air traffic control and collision avoidance, while meteorological agencies rely on weather radars for monitoring precipitation and severe weather patterns. Furthermore, automotive radar systems are becoming integral to advanced driver assistance systems (ADAS), enabling features such as adaptive cruise control and collision avoidance in modern vehicles.

The radar market is poised for continued expansion, fueled by ongoing technological advancements, increasing defense budgets in emerging economies, and the growing integration of radar with other sensor technologies such as lidar and cameras. These trends underscore radar's enduring relevance across various sectors, promising further innovation and application diversification in the years to come.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Application
    2. Market Snapshot, By Type
    3. Market Snapshot, By Range
    4. Market Snapshot, By Platform
    5. Market Snapshot, By Component
    6. Market Snapshot, By Region
  4. Global Radar Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Technological advancements
        2. Increased defense spending
        3. Growing demand in automotive sector
        4. Rise in border surveillance needs
        5. Integration with AI and IoT
      2. Restraints
        1. High initial costs
        2. Regulatory challenges
        3. Limited range in weather conditions
        4. Privacy concerns
        5. Spectrum allocation issues
      3. Opportunities
        1. Emerging autonomous vehicles market
        2. Expansion in aerospace applications
        3. Development of portable radar systems
        4. Advancements in 5G technology
        5. Increasing demand for weather radar
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Radar Market, By Application, 2021 - 2031 (USD Million)
      1. Defense & Aerospace
      2. Marine
      3. Weather Forecasting
      4. Remote Sensing
      5. Automotive
      6. Others Key Trends
    2. Global Radar Market, By Type, 2021 - 2031 (USD Million)
      1. Detection & Search Radar
      2. Targeting RADAR
      3. Weather-sensing RADAR
      4. Navigational RADAR
      5. Mapping RADAR
      6. Others
    3. Global Radar Market, By Range, 2021 - 2031 (USD Million)
      1. Short Range
      2. Medium Range
      3. Long Range
    4. Global Radar Market, By Platform, 2021 - 2031 (USD Million)
      1. Land
      2. Naval
      3. Airborne
      4. Space
    5. Global Radar Market, By Component, 2021 - 2031 (USD Million)
      1. Antenna
      2. Transmitter
      3. Duplexer
      4. Receiver
      5. Display
      6. Digital Signal Processor
      7. Stabilization Platform
    6. Global Radar Market, By Geography,2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. BAE Systems
      2. Lockheed Martin Corporation
      3. Northrop Grumman Corporation
      4. Saab AB
      5. Thales Group
      6. General Dynamics Corporation
      7. Harris Corporation
      8. SRC Inc.
      9. Honeywell International Inc.
      10. Leonardo S.p.A
      11. Rockwell Collins Inc.
  7. Analyst Views
  8. Future Outlook of the Market