Surveillance Radars Market Size, Share, Growth Analysis, By Platform (Land, Airborne), By Application (Defense & Military, Commercial), By Component, By Frequency Band, By Region - Industry Forecast 2024-2031

Global Surveillance Radars Market size was valued at USD 8.9 billion in 2022 and is poised to grow from USD 9.44 billion in 2023 to USD 15.16 billion by 2031, growing at a CAGR of 6.1% during the forecast period (2024-2031).

The radar market is experiencing robust growth due to heightened investments in national security and advancements in radar technology. Key applications for radar systems include monitoring activities at airports, borders, and ports, effectively enhancing security against non-linear and moving targets. Operating across various platforms-ground, marine, aviation, and space-these systems predominantly utilize the S-band frequency range for search and targeting. As global defense expenditures continue to rise, projected to reach USD 1981 billion by 2020, demand for sophisticated radar solutions is surging, especially concerning border security and drone monitoring. Enhanced R&D efforts and escalating geopolitical tensions further solidify the market's momentum, positioning leading manufacturers to capitalize on improved operational range and detection capacities in the surveillance radar segment.

Top-down and bottom-up approaches were used to estimate and validate the size of the Global Surveillance Radars market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Global Surveillance Radars Market Segmental Analysis

Global Surveillance Radars Market is segmented by platform, application, component, frequency band and region. Based on platform, the market is segmented into land, airborne, naval and space. Based on application, the market is segmented into defense & military and commercial. Based on component, the market is segmented into antenna, transmitter, receiver, display and processor. Based on frequency band, the market is segmented into x-band, s-band, l-band, c-band, ku-band and ka-band. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Driver of the Global Surveillance Radars Market

The global market for surveillance radars is being significantly driven by the rising apprehension regarding security across various sectors. With the increasing frequency of security threats and incidents worldwide, both public and private entities are prioritizing the enhancement of their surveillance capabilities to ensure safety. This heightened focus on protection is fostering a greater demand for advanced radar technologies that offer improved detection, monitoring, and response capabilities. Furthermore, the expansion of defense budgets and investments in national security initiatives are contributing to the growth of the surveillance radars market, as stakeholders aim to implement cutting-edge solutions for comprehensive situational awareness.

Restraints in the Global Surveillance Radars Market

The Global Surveillance Radars market faces several restraints, primarily stemming from operational limitations. These radars are often challenged by specific environmental conditions, such as adverse weather, cluttered terrains, or dense vegetation, which can significantly impact their performance and reliability. Such constraints may hinder the effectiveness of radar systems, limiting their applicability in various scenarios. As a result, operators may find it challenging to deploy surveillance radars in specific situations, ultimately affecting their overall market potential. Addressing these operational challenges is crucial for enhancing the versatility and reliability of surveillance radar technology across different environments and applications.

Market Trends of the Global Surveillance Radars Market

The Global Surveillance Radars market is witnessing a significant trend driven by escalating security concerns and the need for enhanced situational awareness across multiple sectors. Governments and defense organizations are prioritizing the modernization of their surveillance systems in response to rising conventional and unconventional security threats. This demand is fueling the advancement of radar technologies, leading to the development of next-generation systems that offer longer detection ranges, higher accuracy, and superior target tracking capabilities. Additionally, the integration of artificial intelligence and data analytics into radar systems is further optimizing performance, establishing a robust market trajectory characterized by innovation and increasing investment in security measures globally.