Radar market size was worth US$ XX million in 2021 and is estimated to record significant growth by reaching up to US$ XX million by 2029, growing at a CAGR of 4.9% within the forecast period (2022-2029).
Radio Detecting And Ranging or RADAR, is a technique that relies on the use of radio waves. Similar to wireless computer networks and mobile phones, radars emit electromagnetic waves. The signals are transmitted as short pulses that may be reflected on the radar by objects in their path. Some energy is scattered back to the radar when these pulses collide with precipitation.
In their most basic form, radars consist of four essential parts. A transmitter creates the energy pulse. A receive switch tells the antenna when to transmit and receive the pulses. An antenna sends these pulses into the atmosphere and receives the reflected pulse back. A receiver detects, amplifies and transforms the received signals into video format.
Radar is used in various applications such as military, law enforcement, space, remote environment sensing, aircraft navigation, ship navigation and air traffic controller. For instance, In military operations, radars are used in various ways. They are utilized for ground, air and naval defense. They are also utilized for surveillance, tracking and detection. Various RADAR systems are frequently used for weapon control and missile guiding.
The growing need for improving border safety is expected to propel the demand for surveillance equipment and military radars.
The growing need for improving border safety is expected to propel the demand for surveillance equipment and military radars.
Radar is used in defense applications to find missiles, ships, airplanes and spacecraft that pose a danger from the air, land or water. Military equipment purchases are increasing due to the increased demand for defense capabilities, fueling the market's expansion. The ongoing necessity to keep an eye on the escalating terrorist activities and geopolitical tensions can be linked to the increased defense spending by emerging countries in the Asia-Pacific and the Middle East. As a result, China launched a new portable and versatile radar in April 2021 that can spot drones, low-flying cruise missiles and stealth aircraft. Also planned for flight by 2022 is the NASA-ISRO Synthetic Aperture Radar (NISAR) satellite.
Furthermore, The military also uses radar for air traffic control, just like the civilian radars. These include ATC radar systems that are both ships- and land-based and are used to support test and evaluation operations on test ranges and help with aircraft landing.
In addition, These radars are made to find ships and aircraft stationed over very wide areas and may be difficult to manage. The military will be able to determine the precise location and range of the object in issue with their aid because they typically have very strong ranger accuracy. These radars are used to find people who may require immediate assistance in addition to finding planes and ships. The military conducts many search and rescue operations using radar equipment, which can detect various pictures using more sophisticated thermal imaging technology. Thus the application mentioned above of radar in the military sector has encouraged the key players to bring the latest product to the market, leading to driving the market share of the product.
For instance, in 2022, Blighter Surveillance Systems announced the launch of the A422 Deployable Radar System. The A422 is a ground-based military radar that can rapidly deploy in distant and hostile locations for drone detection and wide-area perimeter monitoring. Furthermore, A contract for the purchase of radar systems for US$ 175 million was signed in March 2021 by the defense ministers of Slovakia and Israel. According to the agreements, Israel will provide the Slovak Air Force with seventeen highly advanced radar systems built by Israel Aerospace Industries (IAI).
Stringent regulations hurdle the growth of the radar market
Governments across the globe are extremely strict in authorizing the trade of defense equipment and technologies, including radar. Therefore Manufacturers of defense equipment must abide by several laws and rules established by the relevant governments on the sale of goods and services. They carry serious repercussions, including the enforcement of fines and penalties, contract termination and civil or criminal investigation.
Thus, Geopolitical hampers the trade relations between countries. Furthermore, Some nations may place trade restrictions on local businesses, prohibiting them from exporting defense equipment to nations with unresolved conflicts. For instance, in 2021, U.S. government has created a variety of sanctions and regulatory tools to target the Chinese defense industry and limit the ways that American resources, technology and goods contribute to the expansion of the People's Liberation Army in response to China's military modernization over the past few decades (PLA). With the growing expansion of military end user-based export controls to China, the development of the Military End User List and the introduction of investment restrictions on Chinese military-related enterprises, these measures escalated under the Trump Administration.
Furthermore, Japan limited all government agencies and businesses that produced defense equipment and stopped selling weapons or ammunition to any state worldwide. The ban lasted from World War II until September 2020, when Mitsubishi Electric (Japan) won a contract to supply the Philippine Air Force with air surveillance radar systems.
COVID-19 Impact Analysis
COVID-19 has also created challenges for several industries, including aerospace and sectors. Several nations have cut their defense budgets due to the COVID-19 pandemic. Most research projects are halted as a result. Additionally, there has been a decrease in the export of radar systems to several Middle East, African and Latin American nations. These possibilities have an impact on radar system development.
The global COVID-19 pandemic has also caused supply chain disruptions in the radar market. The market has a diversified global supply chain with component manufacturers, programmers, suppliers and distributors in various countries. Manufacturers typically outsource the production of components to a variety of different contractors. Long lead times are required to manufacture, test and dispatch radar-enabled applications. Therefore, the entire supply chain is fragile and vulnerable to external shocks. However, the condition is becoming normal and reducing the supply chain disruption issues is expected to regain the market growth momentum for the radar industry in the forecast period.
The global radar market can be segmented on range, platform, application and region.
Growing surveillance goals such as target and weapon detection in developed countries have escalated the demand for the long range radar system
Based on usage, the global radar market is segmented into short, medium and long range. The largest product segment in 2021-with XX% of the market share-was long range. These radars are used in the defense industry to accomplish surveillance goals such as target and weapon detection. Defense spending is rising in many economies, including Brazil, Russia and India, opening up new market expansion potential.
A long-range radar can perform surveillance tasks while simultaneously detecting many targets. Long-range air surveillance systems can find targets from very low to very high altitudes. These devices can also be installed in any environment and are available in mobile variants. Each of these advantages is projected to aid the segment's expansion.
Companies are also investing in the business and developing the latest technologies in the long range radar segment. For instance, With the advent of automated driving, more potent technologies will allow vehicles to monitor and safely traverse their surroundings. One such system is Continental's fifth-generation long-range radar, which comes in 2019 with unmatched resolution and a range of up to 300 meters. Modern cars come equipped with long-range radar systems as standard equipment. By enabling adaptive cruise control, they guarantee a more comfortable ride and increased safety because the radar sensor also engages the emergency brake assist in the event of a risk.
Tremendous investment in boosting the defense sector has created huge market growth prospects for the radar business
North America dominated the radar market in 2021 and is valued at US$ XX Million. The biggest defense spending by U.S. and the purchase of cutting-edge military radars are market driving factors for radar in the region. The market is expected to increase due to efforts and programs like the Air and Missile Defense Radar and Three Dimensional Expeditionary Long-Range Radar. Important OEMs like Boeing, Northrop Grumman, Lockheed Martin and others contribute to the market's expansion.
Recent years have seen an increase in the risk posed by UAVs, prompting the U.S. military to purchase new radar systems. U.S. soldiers recently got the first shipment of cutting-edge radar devices for surveillance and security under a contract with American technology company Echodyne. U.S. military's surveillance program is a component of a bigger initiative to monitor potential threats.
U.S. military will be able to improve the ground and air security capabilities with the help of this new radar system. The system is a vital security tool that can scan sizable areas, stop air-to-ground attacks and operate at high-performance levels. Furthermore, Canada is working on developing quantum radar to improve the detection of stealth aircraft. Compared to conventional methods, this technology aids in more accurate object detection. It is now in the trial stages at the University of Waterloo and should be made public by 2025.
The radar market is highly competitive with the presence of local and global companies. Some prime companies contributing to the market's growth are ASELSAN A.S., Lockheed Martin Corporation, Saab AB, Rockwell Collins., Northrop Grumman Corporation, Thales Group, Raytheon Technologies Corporation, Hensoldt AG, L3Harris Technologies, Inc., SRC, Inc. and others.
The major companies are adopting several growth strategies such as acquisitions, product launches and collaborations, contributing to radar's global market growth.
- In 2021, Northrop Grumman Corporation delivered its 15th AN/TPS-80 Ground/Air Task Oriented Radar Active Electronically Scanned Array (AESA) multi-mission radar system to U.S. Marine Corps. By delivery, the company completed the low-rate initial production phase of the program.
Overview: L3Harris Technologies is U.S. based aerospace and defense technology innovator, delivering end-to-end solutions that meet customers' mission-critical needs. The business offers cutting-edge commercial and defense technologies for use in the air, land, sea, space and cyberspace. With customers in 130 countries, L3Harris generates over US$17 billion yearly revenue and employs 50,000 people.
- TACTICAL AIR SURVEILLANCE RADAR (TASR): L3Harris TASR offers full airspace control for terminal ATC requirements while enhancing the overall air picture by using radar Automatic Dependent Surveillance-Broadcast (ADS-B) and secondary surveillance radar (SSR) data. Under all possible configurations of operational circumstances, TASR offers controllers high-quality, unambiguous data and information. Full situational awareness is presented through the presentation on high-resolution color monitors. The controller's demands and preferences can influence how the information is presented.
- In 2019, U.S. Air Force awarded l3harris technologies a seven-year IDIQ contract for radar proximity sensors to improve pilot munition targeting
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The global radar market report would provide approximately 69 market data tables, 59 figures and 203 pages.
Target Audience 2022
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Table of Contents
1. Global Radar Market Methodology and Scope
- 1.1. Research Methodology
- 1.2. Research Objective and Scope of the Report
2. Global Radar Market - Market Definition and Overview
3. Global Radar Market - Executive Summary
- 3.1. Market Snippet by Range
- 3.2. Market Snippet by Platform
- 3.3. Market Snippet by Application
- 3.4. Market Snippet by Region
4. Global Radar Market-Market Dynamics
- 4.1. Market Impacting Factors
- 4.1.1. Drivers
- 126.96.36.199. The growing need for improving border safety is expected to propel the demand for surveillance equipment and military radars
- 188.8.131.52. XX
- 4.1.2. Restraints
- 184.108.40.206. Stringent regulations hurdle the growth of the radar market
- 220.127.116.11. XX
- 4.1.3. Opportunity
- 4.1.4. Impact Analysis
5. Global Radar Market - Industry Analysis
- 5.1. Porter's Five Forces Analysis
- 5.2. Supply Chain Analysis
- 5.3. Pricing Analysis
- 5.4. Regulatory Analysis
6. Global Radar Market - COVID-19 Analysis
- 6.1. Analysis of COVID-19 on the Market
- 6.1.1. Before COVID-19 Market Scenario
- 6.1.2. Present COVID-19 Market Scenario
- 6.1.3. After COVID-19 or Future Scenario
- 6.2. Pricing Dynamics Amid COVID-19
- 6.3. Demand-Supply Spectrum
- 6.4. Government Initiatives Related to the Market During Pandemic
- 6.5. Manufacturers Strategic Initiatives
- 6.6. Conclusion
7. Global Radar Market - By Range
- 7.1. Introduction
- 7.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Range
- 7.1.2. Market Attractiveness Index, By Range
- 7.2. Short Range*
- 7.2.1. Introduction
- 7.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
- 7.3. Medium Range
- 7.4. Long Range
8. Global Radar Market - By Platform
- 8.1. Introduction
- 8.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Platform
- 8.1.2. Market Attractiveness Index, By Platform
- 8.2. Land*
- 8.2.1. Introduction
- 8.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
- 8.3. Naval
- 8.4. Airborne
- 8.5. Space
9. Global Radar Market - By Application
- 9.1. Introduction
- 9.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
- 9.1.2. Market Attractiveness Index, By Application
- 9.2. Military Applications*
- 9.2.1. Introduction
- 9.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
- 9.3. Air Traffic Control
- 9.4. Remote Sensing
- 9.5. Ground Traffic Control
- 9.6. Space
- 9.7. Others
10. Global Radar Market - By Region
- 10.1. Introduction
- 10.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Region
- 10.1.2. Market Attractiveness Index, By Region
- 10.2. North America
- 10.2.1. Introduction
- 10.2.2. Key Region-Specific Dynamics
- 10.2.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Range
- 10.2.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Platform
- 10.2.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
- 10.2.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
- 10.2.6.1. U.S.
- 10.2.6.2. Canada
- 10.2.6.3. Mexico
- 10.3. Europe
- 10.3.1. Introduction
- 10.3.2. Key Region-Specific Dynamics
- 10.3.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Range
- 10.3.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Platform
- 10.3.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
- 10.3.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
- 10.3.6.1. Germany
- 10.3.6.2. UK
- 10.3.6.3. France
- 10.3.6.4. Italy
- 10.3.6.5. Spain
- 10.3.6.6. Rest of Europe
- 10.4. South America
- 10.4.1. Introduction
- 10.4.2. Key Region-Specific Dynamics
- 10.4.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Range
- 10.4.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Platform
- 10.4.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
- 10.4.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
- 10.4.6.1. Brazil
- 10.4.6.2. Argentina
- 10.4.6.3. Rest of South America
- 10.5. Asia-Pacific
- 10.5.1. Introduction
- 10.5.2. Key Region-Specific Dynamics
- 10.5.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Range
- 10.5.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Platform
- 10.5.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
- 10.5.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
- 10.5.6.1. China
- 10.5.6.2. India
- 10.5.6.3. Japan
- 10.5.6.4. South Korea
- 10.5.6.5. Rest of Asia-Pacific
- 10.6. Middle East and Africa
- 10.6.1. Introduction
- 10.6.2. Key Region-Specific Dynamics
- 10.6.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Range
- 10.6.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Platform
- 10.6.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
11. Global Radar Market - Competitive Landscape
- 11.1. Competitive Scenario
- 11.2. Market Positioning/Share Analysis
- 11.3. Mergers and Acquisitions Analysis
12. Global Radar Market- Company Profiles
- 12.1. ASELSAN A.S.*
- 12.1.1. Company Overview
- 12.1.2. End-User Portfolio and Description
- 12.1.3. Key Highlights
- 12.1.4. Financial Overview
- 12.2. Lockheed Martin Corporation
- 12.3. Saab AB
- 12.4. Rockwell Collins
- 12.5. Northrop Grumman Corporation
- 12.6. Thales Group
- 12.7. Raytheon Technologies Corporation
- 12.8. Hensoldt AG
- 12.9. L3Harris Technologies, Inc.
- 12.10. SRC, Inc.
LIST NOT EXHAUSTIVE
13. Global Radar Market - Premium Insights
14. Global Radar Market - DataM
- 14.1. Appendix
- 14.2. About Us and Services
- 14.3. Contact Us