Global Airborne Fire Control Radar market overview 2024, Forecast To 2033

The airborne fire control radar market size has demonstrated strong growth in recent years, increasing from $2.75 billion in 2023 to$2.94 billion in 2024 at a compound annual growth rate (CAGR) of 6.7%. The growth in the historic period can be attributed to military modernization programs, evolving threats, developments from the Cold War era, integration with fighter aircraft, multifunctionality requirements, and global conflicts and counterterrorism operations. The market is poised for strong growth, projecting an increase to $3.78 billion in 2028 at a compound annual growth rate (CAGR) of 6.5%. The anticipated growth is driven by rapid advancements in radar electronics, integration with network-centric warfare, emphasis on beyond visual range engagement, demand for lightweight and compact systems, development of passive and covert systems, and the global expansion of airborne surveillance capabilities. Major trends expected in the forecast period include advancements in active electronically scanned array (AESA) technology, adoption of gallium nitride (GaN) technology, increased focus on software-defined radars, and the incorporation of artificial intelligence (AI) into radar systems.