PUBLISHER: The Business Research Company | PRODUCT CODE: 1662485
PUBLISHER: The Business Research Company | PRODUCT CODE: 1662485
Air and Missile Defense Radar (AMDR) is a radar system designed for the detection and tracking of incoming threats, including ballistic missiles, cruise missiles, and other aerial threats. These radar systems play a critical role in providing early warning of potential attacks and tracking multiple targets simultaneously.
The main types of air and missile defense radar include x-band radars and s-band radars. X-band radars operate within the frequency range of 8 to 12 GHz, offering higher sensitivity and the ability to detect smaller particles compared to other radar bands. Due to their shorter wavelength, X-band radars are particularly effective in detecting fine water particles and snow, making them suitable for cloud and light precipitation investigations. Air and missile defense radars are deployed across various platforms, including airborne, land-based, and naval systems. The radar systems can operate at different ranges, including short range, medium range, and large range, and they are utilized in both conventional and ballistic missile defense applications.
The air and missile defense radar market research report is one of a series of new reports from The Business Research Company that provides air and missile defense radar market statistics, including air and missile defense radar industry global market size, regional shares, competitors with an air and missile defense radar market share, detailed air and missile defense radar market segments, market trends and opportunities, and any further data you may need to thrive in the air and missile defense radar industry. This air and missile defense radar market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The air and missile defense radar market size has grown strongly in recent years. It will grow from $12.86 billion in 2024 to $13.95 billion in 2025 at a compound annual growth rate (CAGR) of 8.5%. The growth in the historic period can be attributed to geopolitical tensions, modernization of military infrastructure, threat of missile proliferation, rising defense budgets, emergence of asymmetric threats.
The air and missile defense radar market size is expected to see strong growth in the next few years. It will grow to $18.7 billion in 2029 at a compound annual growth rate (CAGR) of 7.6%. The growth in the forecast period can be attributed to increasing focus on homeland security, rising investments in ballistic missile defense, integration with c4isr systems, global arms race, technological innovation in radar systems. Major trends in the forecast period include incorporation of artificial intelligence (AI), expansion of naval air and missile defense systems, focus on cybersecurity, global collaborations in radar development, deployment of 3d radar systems.
The increasing military expenditure worldwide is fueling the growth of the air and missile defense radar market. Military expenditure refers to the financial resources allocated for maintaining armed forces and other defense measures, known as a military expenditure plan, which is part of a nation's defense budget. As countries raise their military and defense spending, they invest in advanced technologies like air and missile defense radars to bolster their capabilities for detecting and intercepting incoming threats. In military operations, fighter aircraft equipped with radar are utilized to track and manage air-to-air missiles, rockets, and artillery. For example, in April 2024, an analysis by the Stockholm International Peace Research Institute, a Swedish research organization focused on global security, revealed that total global military spending reached $2.443 trillion in 2023, representing a 6.8% increase in real terms compared to 2022. Therefore, the rising military expenditure globally is driving the demand for air and missile defense radar systems.
The burgeoning security threats and the imperative for robust defense systems are expected to fuel the growth of the air and missile defense radar market. These threats encompass diverse risks that pose potential dangers to data, systems, or networks. Air and missile defense radars play a pivotal role in mitigating security threats by offering early detection, tracking, and interception capabilities against airborne threats such as missiles, aircraft, and drones. An insight from Microsoft in January 2023 revealed that nearly 80% of nation-state attackers targeted government agencies, think tanks, and non-governmental organizations, highlighting the critical need for effective defense systems. Consequently, the escalating security challenges are driving the demand for air and missile defense radar systems.
A prominent trend in the air and missile defense radar market is the advent of technological advancements. Leading companies in this domain are dedicated to pioneering innovative technologies, notably networked radar systems, to maintain their competitive edge. These interconnected radar systems facilitate enhanced information sharing and coordination among various defense systems, thereby bolstering situational awareness and defense efficacy. For instance, in February 2023, ELTA Systems Ltd., an Israel-based defense products and services company specializing in radar technology, introduced the ELM-2090 TERRA Strategic Early Warning System. This dual-radar system harnesses UHF and S-band radars, demonstrating unparalleled detection and tracking capabilities against long-range, low-RCS targets. While each system functions independently, their combined deployment significantly elevates overall system performance, marking a stride in technological innovation within the air and missile defense radar market.
Major players within the air and missile defense radar market are actively engaging in partnerships to develop cutting-edge systems such as the SPY-6, aiming to secure a competitive advantage. The SPY-6 system, tailored for six categories of naval vessels, offers enhanced defense capabilities against ballistic missiles, cruise missiles, hostile aircraft, and surface ships concurrently, boasting superior range and sensitivity compared to earlier radar systems. Notably, in April 2022, CAES, a critical missions provider based in the US, collaborated with Raytheon Technologies, also a US-based technology company. Under a $200 million follow-on contract, CAES is set to deliver fully tested modular assemblies for the AN/SPY-6(V)1 radar system, commonly referred to as SPY-6 or Air and Missile Defense Radar (AMDR).
In July 2022, Leonardo DRS, a US-based defense contractor, completed a merger with RADA Electronic Industries Ltd for an undisclosed sum. This strategic merger positions the combined entity to focus on a diverse range of defense products, encompassing advanced sensing, force protection, network computing, and electrical power and propulsion. RADA Electronic Industries Ltd, a US-based defense technology company specializing in proprietary AESA radar solutions and legacy avionics systems, adds complementary expertise to the merged company's portfolio.
Major companies operating in the air and missile defense radar market include BAE Systems Inc., Israel Aerospace Industries Ltd., Leonardo SpA, Lockheed Martin Corporation, Northrop Grumman Corporation, Raytheon Technologies Corporation, Reutech Radar Systems, SAAB AB, Telephonics Corporation, Thales Group, Airbus Group Inc., Aselsan AS, DeTect Inc., General Dynamics Corporation, Indra Sistemas SA, Hensoldt AG, Almaz Antey Corporation, Finmeccanica SpA, Rockwell Collins Inc., Bharat Electronics Limited, The Boeing Co., FLIR Systems Inc., Honeywell International Inc., L3Harris Technologies Inc., NEC Corporation, QinetiQ Group plc, Reutech Radar Systems Pty Ltd., Terma A/S, ThalesRaytheonSystems LLC, Toshiba Corp.
North America was the largest region in the air and missile defense radar market in 2024. Asia-Pacific is expected to be the fastest-growing region in the air and missile defense radar market report during the forecast period. The regions covered in the air and missile defense radar market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the air and missile defense radar market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The air and missile defense radar market consists of sales of two-dimensional (2D) and three-dimensional (3D) radars, primary radars, secondary radars, and space-borne radars. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Air And Missile Defense Radar Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on air and missile defense radar market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for air and missile defense radar ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The air and missile defense radar market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.