Radar Market Size, Share & Trends Analysis Report By Platform (Ground-Based, Naval, Airborne, Space-Based), By Offering (Components, Service), By Frequency Band, By Range, By End Use, By Region, And Segment Forecasts, 2024 - 2030

Report Overview

The global radar market size was valued at USD 36.61 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 8.6% from 2024 to 2030. The growth of this market is primarily driven by rising new deployments and installations, R&D efforts and innovations associated with next-generation radar systems, the inclusion of advanced software-defined architectures in radars, incorporation of real-time data analysis capabilities, and integration with technologies such as Inertial Navigation Systems (INS).

Rising security concerns for multiple countries and growing global tensions have stimulated numerous governments and authorities to invest significant funds in modernizing and upgrading radar systems. For instance, the Budget of the U.S. Government FISCAL YEAR 2025 proposed a five-year mandatory program with nearly USD 8 billion investment to substantially modernize radars and major Federal Aviation Administration (FAA) facilities. This is expected to generate growth for the radar market during the forecast period.

Significant growth in cross-border conflicts, enhanced investments by multiple nations in R&D projects related to improving defense capabilities, and rising demand for automotive radars are influencing growth opportunities. In addition, the adoption of advanced technologies by weather forecasting and monitoring departments worldwide to identify potential climate changes and the possibility of life-threatening disasters are some of the other factors that have contributed to the growth of this market.

The emergence and rapid rollout of 5G technology has positively impacted radar applications. As 5G technology offers enhanced bandwidth and advanced modulation capabilities, key organizations and institutions in numerous countries are exploring potential areas of development for radar applications. Innovation backed by 5G technology is likely to develop major advancements for airborne and space-based radars. This is projected to influence the growth of the radar market from 2024 to 2030.

Using different radar systems in applications other than military and defense also contributes to the growth. Continuous wave radars in industrial applications, pulse radars in air traffic control and research activities related to radio astronomy, Synthetic Aperture Radar (SAR) in mapping and earth observations, surveillance radars in meteorology, and others are expected to increase the demand for radar market in the next few years.

Platform Insights

The ground-based radars segment dominated the global market and accounted for a revenue share of 35.9% in 2023. This segment is influenced by multiple investments made by various nations to enhance ground-based radar capacities. The emergence and inclusion of Gallium nitride (GaN) technology has significantly influenced this segment. Benefits associated with ground-based platforms, such as higher power, effective long-range with lesser noise, wider bandwidth, smaller form factor, and ability to assist several missions with less cooling due to the adoption of GaN technology, are developing growth for this segment. The versatile detection capacities, ability to operate effectively in various weather situations, and real-time monitoring are other benefits of ground-based radars. Application in numerous industries, including military and defense, aviation, maritime, wildlife monitoring, mining & exploration, law enforcement, and others, is expected to develop growth for this segment during the forecast period.

The airborne segment is projected to experience the fastest CAGR from 2024 to 2030. Airborne radars are extensively utilized by the military and defense. However, airborne radar systems are preferred by multiple other uses, such as air traffic control, space exploration, weather observations, terrain mapping, ice thickness mapping, and others. For instance, in June 2024, the University of Arizona declared that Snow4Flow, a project that uses airborne radar mounted to low-flying aircraft for the study of arctic glaciers, was selected to receive USD 30 million in funds from the National Aeronautics and Space Administration (NASA). Increasing adoption, continuous research & development activities, and innovation is expected to drive growth for this segment.

Offering Insights

The components segment held the largest revenue share of the global radar market in 2023. This is attributed to the growing demand for key components utilized in radar systems, such as antennas, transmitters, receivers, and others. Increasing radar deployments focus on manufacturing advanced systems, and growing efforts by governments to refurbish existing radar networks with necessary replacement of components and advancements have contributed to the growth of this segment in recent years. For instance, in September 2023, TSS Solutions, an Acorn Company, completed a radar antenna pedestal refurbishment project. A project that took six years enhanced 161 WSR-88D Radars encompassing the United States’ Next Generation Weather Radar network (NEXRAD). In addition, repairs and new developments by multiple defense forces fuel demand for radar components. For instance, in June 2024, Mitsubishi Electric Corporation, an electronics and electrical equipment manufacturing organization, announced that it had signed a pilot contract with a key defense contract company from the U.S., Raytheon, which involves repair work of transmitters that are utilized in APG-63 (V) 1 F-15 fighter radars that are part of U.S. Air Force (USAF).

The service segment is anticipated to experience the fastest CAGR during the forecast period based on offerings. Key services in this market include installations, integrations, support & maintenance, training & consulting, and others. Rising new deployments by governments such as the U.S., India, Japan, and a few others, continuous requirements for support and maintenance by industries such as aviation, weather monitoring, surveillance and security, mining, and others, advancements in technology leading to increase in training & consulting requirements are fueling growth for this segment.

Frequency Band Insights

The S-band segment dominated the global market in 2023. This segment's growth is driven by its long-range detection capacities, less susceptibility to attenuation caused by atmospheric changes such as events related to ice, snow, and rain, and usage in multiple applications such as surveillance, weather observations, aircraft navigation, and more. The ability to develop high spatial and temporal resolution adds to the benefits offered by S-band radars.

The ka-band segment is projected to witness the fastest CAGR from 2024 to 2030. Ka-band-equipped radar systems primarily detect objects using a frequency range of 33.4-36.0 GHz. It is extensively used by law enforcement agencies and researchers studying or observing severe weather, tornadoes, winds, civil security and disaster monitoring, earth explorations, and more. New deployments of Ka-band-equipped radars are expected to fuel the growth of this market. For instance, SKYNET 6, an ambitious program of the UK's Ministry of Defence (MOD), is set to establish a secure military satellite network. In August 2024, Atheras Analytics, a key company in the technology and innovation industry, announced that it was selected by the UK's MOD to supply Ka-Band propagation analysis for the most effective locations of ground station sites.

Range Insights

The short-range segment accounted for the largest revenue share in 2023. This is attributed to the increasing application in various industries for numerous functions, such as automotive for safety and collision prevention, electronics for human-system interactions, and in multiple sectors, including agriculture, security, wildlife monitoring, and motion detection. Features such as accuracy and ability to perform in different weather conditions add to the benefits of these systems. Growing inclusion in adaptive cruise control is expected to drive further growth for short-range radars during the forecast period.

The long-range radars segment is expected to experience substantial growth from 2024 to 2030. Long-range radars are primarily utilized by military & defense, space & aviation, earth observation, and mapping industries for purposes such as surveillance, imaging, remote monitoring, security & protection, border patrol, and more. Growing installations and adoptions by various defense forces are likely to increase demand for this segment. For instance, in June 2024, the Brazilian Air Force incorporated tactical air surveillance radars GM 200 MM/A and Ground Master 200 Multi-mission All-in-one to enhance its air sovereignty capacities. 4D AESA (Active Electronically Scanned Array) multi-beam duel axis technology ensures accuracy in detecting low, small, and slow objects at a longer range.

End Use Insights

The automotive segment dominated the global radar market in 2023. The use of short-range radar systems in modern technology applications such as collision avoidance, cruise control, automated parking and assistance, and more is primarily influencing this segment in terms of growth. The increasing demand for smart automotive technologies for enhanced comfort and assistance and the growing focus of automotive industry manufacturers on increasing convenience features by adding cutting-edge technologies to their offerings are driving growth. Innovation and the emergence of novel applications and technologies also fuel demand. For instance, in September 2024, NXP Semiconductors, one of the prominent companies in the semiconductor technology industry, announced its latest innovation. This single-chip solution combines short-range ultra-wideband (UWB) radar capabilities and secure ranging. Involvement of UWB mapping, human or object detection, and secure positioning to enhance consumer or industrial IoT applications is expected to be available by the 4th quarter of 2024.

The telecommunications segment is expected to experience a significant CAGR from 2024 to 2030. This segment is primarily driven by the use of radar systems in key telecom industry functions such as existing utility detection, infrastructure development, site identifications and acquisitions, environmental monitoring, surface mapping, real-time data collection, and more. Emergence and rising network expansions of 5G technology and advancement related to 6G technology are expected to fuel the growth of this segment. The industry utilizes radars to ensure minimal interference and maximum coverage. It often uses Ground Penetrating Radar (GPR), Active Electronically Scanned Array (AESA) Radar, Millimeter Wave Radar, Passive Coherent Location Radar (PCLR), Frequency Modulated Continuous Wave (FMCW) Radar, and others.

Regional Insights

North America radar market dominated the global industry and accounted for a revenue share of 36.4% in 2023. The region dominated the global market primarily due to the presence of multiple defense and other radar system manufacturers. New installations, developments, and upgrades by nations such as the U.S. have significantly contributed to the growth of this market. Growing demand for short-range radars in the automotive industry and modern electronics manufacturing is expected to drive growth for this regional industry during the forecast period.

U.S. Radar Market Trends

The U.S. held the largest revenue share of regional radar market in 2023. The growth primarily influences this market in new deployments, installations, and the inclusion of radar systems in multiple defense applications. In addition, the use of radar systems by the telecom industry for ongoing 5G network expansions, utilization by the automotive industry for offering smart technology features in products such as self-driving cars, and continuous research applications in areas such as space & aviation, earth observation & monitoring, weather monitoring are generating upsurge in demand for this market.

Europe Radar Market Trends

Europe is identified as a significant region for the global radar market in 2023. The growth of this market is mainly driven by factors such as stringent regulations regarding the inclusion of modern technology assistance features in automotive manufacturing, increasing demand from the automotive industry, innovations, system-on-chip (SoC) integration integrations, and the presence of a large number of vehicle manufacturing plants within the region. Europe is home to multiple vehicle manufacturing companies.

Germany radar market is expected to experience noteworthy growth during the forecast period. The robust manufacturing industry and ongoing defense capability enhancements primarily influence this market. In addition, radar and radar sensor manufacturers in the country are engaging with customers worldwide. For instance, in July 2024, HENSDOLT, a key organization in defense technology development and system integration, announced that it supplies TRML-4D high-performance radars to Latvia and Slovenia with maintenance and training packages. The company plays a vital role in manufacturing equipment and technology solutions for the European Sky Shield Initiative (ESSI).

Asia Pacific Radar Market Trends

Asia Pacific radar market is projected to witness the fastest CAGR from 2024 to 2030. This is attributed to growing demand from the military & defense sectors in countries such as India, China, Japan, and others, collaborations and partnerships among governments and Ministries of Defense, 5G network expansions in the region, increasing demand for automated vehicles, and more. The rise in defense budgets of multiple countries, innovation-backed product availability in radar technology, surveillance and reconnaissance demand in the region, and integration with modern technologies are expected to drive further demand for the Asia Pacific radar market.

India radar market is anticipated to experience substantial growth during forecast period. The growth of this market is fueled by increasing demand in defense and security applications, growing use for weather forecasting and monitoring, and the inclusion of radars in automotive manufacturing. In addition, the projected growth of the aviation industry is driven by government schemes such as UDAN (Ude Desh ka Aam Nagrik), which involves the development of multiple new airport facilities in smaller cities and the enhancement of current airports with capacity expansions and is more likely to result in growth in demand for this market.

Key Companies & Market Share Insights

Some of the key companies involved in the radar market include Lockheed Martin Corporation, NXP Semiconductor, RTX, Thales Group, Northrop Grumman, and others. Major market participants are adopting strategies such as focusing on continuous research and development, new deployments backed by training and support packages, enhanced technology features, and inclusion of the latest innovations.

• RTX, a prominent organization with multiple businesses such as Collins Aerospace, Raytheon, and Pratt & Whitney, offers various systems, including AN/MPQ 64 Sentinel Radar, TOW ITAS, The Global Patriot, GhostEye MR, KuRFS: Ku-band Radio Frequency Sensor, Next Generation Over-the-Horizon Radar and more.

• Lockheed Martin Corporation, a major industry participant in the aerospace and defense sector with an enormous global footprint spanning facilities in more than 300 locations, offers AN/APY-9 Radar, SPY-1 radar, AN/TPQ-53 Radar System, Ground-Based Air Surveillance Radars Long, Range Discrimination Radar, SPY-7, Sentinel A4, TPS-77, TPY-4, ARTS-V3 Variable Aperture Digital Radar, and others.

Recent Developments

• In September 2024, one of the key market companies, Lockheed Martin Corporation, announced that it is adding the U.S. Air Force's C-band and X-band radar abilities. The C-band introduction in the ARTS-V3 Variable Aperture Digital Radar (VADR) system marked a significant event for the U.S. Air Force and Lockheed Martin.

• In August 2024, HENSOLDT, a major industry participant in defense technology and sensors solutions, announced that it had received an order for TRS-4D naval radars, which are to be used in the German Navy's F126 frigates. The further order is an addition to the primary order of TRS-4D for Niedersachsen-class frigates (F126) in 2022.

Radar Market Report Scope

Global Radar Market Report Segmentation

This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the radar market report based on platform, offerings, frequency band, range, end use, and region.

• Platform Outlook (Revenue, USD Million, 2018 - 2030)

  • Ground-based

  • Naval

  • Airborne

  • Space based

• Offering Outlook (Revenue, USD Million, 2018 - 2030)

  • Components

    • Antenna

    • Transmitter

    • Receiver

    • Others

  • Service

    • Installation/ Integration

    • Support & Maintenance

    • Training & Consulting

• Frequency Band Outlook (Revenue, USD Million, 2018 - 2030)

  • L-Band

  • S-Band

  • C-Band

  • X-Band

  • Ku-Band

  • Ka-Band

  • Others

• Range Outlook (Revenue, USD Million, 2018 - 2030)

  • Long Range

  • Medium Range

  • Short Range

• End Use Outlook (Revenue, USD Million, 2018 - 2030)

  • Automotive

  • Military and Defense

  • Aviation

  • Weather Forecasting and Monitoring

  • Telecommunications

  • Others

• Regional Outlook (Revenue, USD Million, 2018 - 2030)

  • North America

    • U.S.

    • Canada

    • Mexico

  • Europe

    • UK

    • Germany

    • France

    • Italy

    • Spain

  • Asia Pacific

    • Japan

    • China

    • India

    • Australia & New Zealand

    • South Korea

  • Latin America

    • Brazil

  • Middle East & Africa

    • UAE

    • Saudi Arabia

    • Israel

    • South Africa