2025 Strategic Guide to the Radar Market – Forecasts and Business Use Cases

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What is the projected market size of the radar industry, and what is its expected CAGR?
The radar market size has grown strongly in recent years. It will grow from $37.95 billion in 2024 to $40.5 billion in 2025 at a compound annual growth rate (CAGR) of 6.7%. The growth in the historic period can be attributed to military modernization, air traffic control (ATC) upgrades, weather monitoring and prediction, maritime security, and automotive radar for collision avoidance.

The radar market size is expected to see strong growth in the next few years. It will grow to $51.65 billion in 2029 at a compound annual growth rate (CAGR) of 6.3%. The growth in the forecast period can be attributed to next-generation military radar systems, 5g network expansion, environmental monitoring, autonomous vehicle integration, and space debris tracking. Major trends in the forecast period include cybersecurity for radar systems, miniaturization of radar systems, integration of artificial intelligence, rapid prototyping and development, and frequency modulation continuous wave (FM-CW) radar.

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What external factors are influencing the radar market’s growth momentum?
An increase in seaborne trade globally propels the growth of the radar market. The seaborne business continues to grow, benefiting consumers and companies worldwide through lower freight costs. Through seaborne trade, goods are shipped in containers and tankers via a sea route that enables the shipping of a large volume of goods at a low cost. Due to these dynamic and cheaper transport services, there is an increase in the use of the sea for the trading of goods and services, resulting in the increasing demand for radar which helps in navigating, identifying landmasses, detecting boats, birds, and weather systems. For instance, according to the United Nations Conference on Trade and Development (UNCTD), a Switzerland-based intergovernmental organization, the global maritime trade increased by 2.4% in 2023, reaching 12.3 billion tons, marking a recovery from the decline experienced in 2022. Therefore, the increase in seaborne trade will drive the radar market.

What are the major market segments driving the growth of the radar industry?
The radar market covered in this report is segmented –

1) By Type: Detection And Search, Targeting Radars, Weather Sensing Radars, Navigational Radars, Mapping Radars, Other Types
2) By Component: Antenna, Transmitter, Receiver, Other Components
3) By Range: Long, Medium, Short
4) By End Use: Military, Aviation, Weather Forecast, Ground Traffic Control, Others End Uses

Subsegments:
1) By Detection And Search: Airborne Early Warning Radars, Ground-Based Surveillance Radars, Naval Surveillance Radars
2) By Targeting Radars: Fire Control Radars, Weapon-Locating Radars, Tracking Radars
3) By Weather Sensing Radars: Doppler Radar, Precipitation Radar, Atmospheric Profiling Radar
4) By Navigational Radars: Marine Radar, Airport Surveillance Radar, Ground-Based Navigation Radars
5) By Mapping Radars: Synthetic Aperture Radar (SAR), Interferometric Radar, Ground Penetrating Radar (GPR)
6) By Other Types: Automotive Radar, Research And Experimental Radars, Spaceborne Radar Systems

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Which trends are expected to dominate the radar market landscape in the coming years?
Major companies in the radar market are focusing on the introduction of hemispheric radar. These advanced radar technologies offer a 360-degree field of view, enhancing situational awareness and detection capabilities across various applications, including defense, aviation, and maritime sectors. For instance, in October 2024, Numerica Corp., a US-based defense manufacturing company, introduced Spark, a cutting-edge wideband hemispheric radar. Spark is designed to enhance military capabilities, specifically targeting uncrewed aircraft systems (UAS), short-range air defense (SHORAD), and Active Protection Systems (APS). This software-defined radar platform provides modern defense forces with a highly adaptable solution to address evolving air defense challenges effectively.

Who are the key market players contributing to the growth of the radar industry?
Major companies operating in the radar market include Lockheed Martin Corporation, BAE Systems plc, Saab AB, L3Harris Technologies Inc., Northrop Grumman Corporation, Raytheon Technologies Corporation., Thales Group, Leonardo S.p.A.,Rheinmetall AG, General Dynamics Corporation, Airbus SE, Honeywell International Inc., Israel Aerospace Industries Ltd., Mitsubishi Electric Corporation, Kelvin Hughes Limited, SRC Inc., ASELSAN Elektronik Sanayi ve Ticaret A.S., Terma A/S, RADA Electronic Industries Ltd., HENSOLDT UK, ELTA Systems Ltd., Mercury Systems Inc., Reutech Radar Systems (Pty) Ltd., DeTect Inc., DRS Technologies Inc., Echodyne Corporation, Blighter Surveillance Systems, Robin Radar Systems B.V.

Which regions are leading the growth of the radar market globally?
The countries covered in the radar market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain

How Can Companies Use The Radar Market Report to Drive Business Results?
This report provides actionable insights tailored for business use—not academic analysis. Companies can leverage the data to:
• Time market entry or expansion using growth forecasts and CAGR trends.
• Develop competitive products by tracking key technology shifts and user preferences.
• Tailor regional strategies with in-depth geographic data and local market dynamics.
• Benchmark and plan partnerships using competitive landscape insights.

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