Radar Systems Market Forecasts to 2030 - Global Analysis By Component, Type, Platform, Range, Technology, Application and By Geography

According to Stratistics MRC, the Global Radar Systems Market is accounted for $43.99 billion in 2024 and is expected to reach $74.59 billion by 2030 growing at a CAGR of 9.2% during the forecast period. Radar systems, short for Radio Detection and Ranging, are essential technology used for detecting, tracking, and identifying objects such as aircraft, ships, and weather formations. Operating on the principle of emitting radio waves and analyzing their reflections off targets, radar systems provide valuable information about the range, altitude, speed, and direction of detected objects. They consist of a transmitter to emit radio waves, a receiver to detect echoes from objects, and signal processing units to analyze the received signals.

Market Dynamics:

Driver:

Rising demand for advanced imaging radars

Advanced imaging radars offer enhanced capabilities such as high-resolution imaging, improved target detection and tracking, and all-weather operation, making them indispensable across various sectors. In defense applications, these radars provide crucial intelligence, surveillance, and reconnaissance capabilities, enabling better situational awareness and threat detection. The rising adoption of these radars is further fueled by technological advancements, including the integration of artificial intelligence and machine learning for data analysis, which enhances their performance and expands their applications.

Restraint:

Unavailability of radar solution to counter drones

The unavailability of effective radar solutions to counter drones poses a significant obstacle to the growth of the Radar Systems Market. With the proliferation of unmanned aerial vehicles (UAVs) across various sectors, including defense, security, and commercial industries, the demand for reliable radar systems capable of detecting and tracking these drones has surged. However, the lack of sophisticated radar technology tailored specifically for detecting small, low-flying drones presents a challenge. Traditional radar systems are often designed to detect larger aircraft at higher altitudes, making them less effective against the agile and small-scale nature of drones.

Opportunity:

Growing demand in emerging economies

As emerging economies undergo rapid urbanization and infrastructural development, there's a heightened need for advanced radar technologies to bolster security, surveillance, and navigation capabilities. The increasing adoption of radar systems in various sectors such as aviation, maritime, automotive, and meteorology is further driving market growth. As emerging economies invest in upgrading their technological infrastructure, they present lucrative opportunities for radar system manufacturers and suppliers to expand their market presence and cater to diverse industry needs.

Threat:

Stringent cross-border trading policies

Radar systems rely heavily on a global supply chain for components such as specialized sensors, processors, and other electronic elements. Strict trade regulations hinder the smooth import and export of these critical parts, leading to delays, increased costs, and disruptions in production schedules. However, limitations on technology transfer and intellectual property protection further complicate international collaborations and partnerships essential for innovation and market growth.

Covid-19 Impact:

Initially, the widespread disruptions to manufacturing, supply chains, and workforce availability led to delays and uncertainties in radar system production and deployment. Many ongoing projects faced slowdowns or suspensions due to restrictions and safety measures. As a result, there was increased demand for radar systems to support pandemic response efforts such as monitoring social distancing compliance, detecting fevers, and enhancing contactless screening at entry points.

The Duplexer segment is expected to be the largest during the forecast period

Duplexer segment is expected to be the largest during the forecast period. Duplexers facilitate the simultaneous transmission and reception of signals through a single antenna; effectively enabling radar systems to operate in both transmit and receive modes without interference. This capability not only optimizes spectrum usage but also enhances radar performance by minimizing signal loss and improving overall system sensitivity. As the demand for radar systems continues to surge, particularly in applications like autonomous vehicles, weather monitoring and surveillance.

The Conventional Radar segment is expected to have the highest CAGR during the forecast period

Conventional Radar segment is expected to have the highest CAGR during the forecast period. Advancements in conventional radar technology have led to improved detection capabilities, offering higher accuracy and reliability in various applications ranging from military surveillance to weather forecasting. The integration of advanced signal processing algorithms has enhanced target discrimination and tracking, bolstering overall situational awareness. Moreover, the evolution of compact and cost-effective radar systems has expanded their usage across diverse sectors such as aviation, maritime, and automotive, thereby driving market growth.

Region with largest share:

By utilizing solid-state technology, these radars are not only more energy-efficient but also boast higher levels of flexibility and adaptability, Asia Pacific region commanded the largest share of the market over the extrapolated period. In the Asia Pacific region, where there is a growing need for robust surveillance and defense systems due to geopolitical tensions and increasing maritime activities, phased array solid-state radar provides a critical solution. Its ability to track multiple targets simultaneously, coupled with its resistance to electronic warfare and jamming, makes it indispensable for both military and civilian applications in the region.

Region with highest CAGR:

Asia Pacific region is poised to hold profitable growth throughout the projection period. UAVs, commonly known as drones, have diversified applications ranging from military surveillance to civilian tasks like agriculture monitoring and disaster management across the region. This increased utilization necessitates robust radar systems for detection, tracking, and navigation purposes. Furthermore, the region's vast geographical expanse and diverse terrain demand sophisticated radar systems for effective surveillance and reconnaissance, wherein UAVs equipped with advanced radar payloads offer unparalleled advantages. These elements are boosting the regional growth.

Key players in the market

Some of the key players in Radar Systems market include Northrop Grumman Corp, Thales Group, Airbus Defense and Space, Inc, BAE Systems, Inc, Hensoldt AG, Infineon Technologies AG, Raytheon Technologies, Lockheed Martin, Mitsubishi Electric, NXP Semiconductors N.V., SAAB AB, Leonardo S.p.A., Rockwell Collins, Inc and Telephonics Corp.

Key Developments:

In January 2023, Mobileye partnered with Wistron NeWeb Corp. (WNC) to produce software-defined imaging radars. With an integrated system-on-chip design, these radars from Mobileye provide a thorough, four-dimensional image of the environment up to and beyond 1,000 feet distant. Mobileye's prominent camera-based perception systems and the latest radar technology from the company let autonomous vehicles see and comprehend their surroundings regardless of the weather, lighting, or types of roads.

In August 2022, the US Northern Command's Operations Directorate confirmed the trials of Long Range Discrimination Radar (LRDR) in missile defense operational architecture. This USD 1.5 billion radar system can provide constant coverage to detect intercontinental ballistic missile (ICBM) launches by adversarial nations toward the United States.

In April 2022, to improve continental security in conjunction with the US, the Canadian Govt. announced an investment plan of USD 1 billion for a new radar system to protect major population centers in North America. The radar system would provide long-range surveillance of northern approaches on Arctic airspace to detect threats against major United States or Canadian cities.

In March 2022, Uhnder launched the first 4D digital imaging radar for next-gen ADAS (advanced driver assistance systems), autonomous vehicles (AVs), and automated mobility applications. It will provide precision while minimizing interference from other radars, regardless of weather and lighting conditions. Its 4D precision will provide accuracy and an enhanced sense of standing or moving objects at short or long distances.

In January 2022, Google has been working with Ford to develop an open and standardized API interface for the radar system. For general-purpose radar, standardized API calls promote interoperability and speed up the rollout of new applications. If the project remains successful, this development will lead to new consumer products and services.

Components Covered:

• Antenna
• Duplexer
• Waveguide
• Receiver
• Transmitter

Types Covered:

• Passive Radar
• Active Radar

Platforms Covered:

• Land
• Air
• Marine
• Other Platforms

Ranges Covered:

• Short Range
• Medium Range
• Long Range

Technologies Covered:

• Conventional Radar
• Software Defined Radar
• Other Technologies

Applications Covered:

• Automotive
• Commercial
• Military & Defense
• Other Applications

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

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