Military Radar Market by Component (Transmitter, Antenna, Receiver, Duplexer, Others), by Frequency (C-Band, S-Band, X-Band, L-Band, UHF/VHF, Ku/K/Ka-Band), by Range (Long, Medium, Short, Very Short), by Platform (Airborne Radar, Land Radar, Naval Radar), by Application (Weapon Guidance, Airspace Monitoring & Traffic Management, Airborne Mapping, Ground Surveillance & Intruder Detection, Navigation, Others), by By Geography (North America) Forecast 2024-2032
The Military Radar Market size was valued at USD 13.93 USD Billion in 2023 and is projected to reach USD 20.53 USD Billion by 2032, exhibiting a CAGR of 5.7 % during the forecast period. Military radar is a system that is used in the identification of objects, and monitoring their movement and range in the military. It works by transmitting radio waves and then receiving the reflected waves from the objects that are in its path. These are ground-based radar, airborne radar, shipborne radar, and space-based radar. Some of the important attributes include; high definition, extended range identification, and signal analysis. They are used to identify aircraft, missiles, ships or ground vehicles and are used for early warning and situation assessment. Military radar has found uses in air defence, missile control, ground surveillance, and navigation. It is used for surveillance, controlling airspace, directing an intercept mission, and improving combat readiness. The advantages of military radar include enhanced operational security, shorter time to respond and best strategic planning.
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This report provides an extensive and meticulously researched analysis of the military radar market, encompassing market size, key drivers, potential challenges, emerging trends, in-depth segmentation, a detailed competitive landscape, and significant developments shaping the market. It offers invaluable insights and well-informed forecasts for the upcoming years to empower stakeholders with the knowledge and understanding necessary to make strategic decisions.
The military radar market is geographically segmented into North America, Europe, Asia-Pacific, and the Rest of the World. The Asia-Pacific region is expected to witness significant growth due to rising defence spending and the increasing adoption of advanced radar systems.
Aspects | Details |
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Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 5.7% from 2018-2032 |
Segmentation |
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Aspects | Details |
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Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 5.7% from 2018-2032 |
Segmentation |
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Note* : In applicable scenarios
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