How Has the Coherent Radar Market Evolved Historically and What is its Current Size?
The coherent radar market has seen considerable growth due to a variety of factors.
•Over the past few years, there has been a significant increase in the size of the coherent radar market. It is projected to expand from $8.18 billion in 2024 to $8.97 billion in 2025, reporting a compound annual growth rate (CAGR) of 9.8%.
The past growth of this market can be traced back to efforts to modernize the military, the requirement for air traffic management, greater demand in the area of maritime surveillance, weather monitoring and prediction, and the need to protect critical infrastructure.
What is the Forecasted Market Size and CAGR for the Coherent Radar Market?
The coherent radar market is expected to maintain its strong growth trajectory in upcoming years.
• The market size for coherent radar is projected to witness a significant surge in the coming years, expanding to "$12.77 billion by 2029 with the compound annual growth rate (CAGR) set at 9.2%.
Heightened security needs along borders, progresses in unmanned technologies, a growing need for counter-drone strategies, needs for space surveillance, and infrastructure advancement in rising markets all contribute to this forecasted growth. Looking ahead, expect to see development trends in the form of improving networked radar systems, miniaturization and portability, the progression of coherent synthetic aperture radar (CSAR), increased application in unmanned aerial vehicles (UAVs), and the integration of the global navigation satellite system (GNSS).
What Key Factors and Trends are Driving the Growth of the Coherent Radar Market?
The anticipated surge in air traffic is believed to boost the expansion of the coherent radar market. To clarify, air traffic implies the movement of any flying vehicles in the airspace, encompassing commercial airlines, private jets, helicopters, and military aircraft. Coherent radar is a radar system that employs a continuous wave signal and sophisticated signal processing methods to deliver accurate and high-quality radar data, making it incredibly advantageous for air traffic control applications due to its ability to identify and monitor aircraft correctly, even in difficult weather conditions. With the rise in air traffic over the years, there has been a burgeoning demand for more advanced radar systems to regulate the growing number of aircraft. The International Air Transport Association, a trade organization based in Canada, reported that in February 2023, total traffic (measured in RPKs) had swelled by 55.5% from the same month in the previous year. It also reported a 25.2% increase in domestic traffic in February 2023 compared to February 2022. Thus, the surge in air traffic is contributing to the expansion of the coherent radar market.
What are the Market Segments in the Coherent Radar Market?
The coherent radar market covered in this report is segmented –
1) By Type: Surveillance And Airborne Warning Radar, Tracking And Fire Control Radar, Multi-Function Radar, Aircraft Traffic Control Radar, Weather Radar
2) By Technology: Software-Defined Radar, Conventional Radar, Quantum Radar
3) By Application: Commercial and Civil, Defense And Security
4) By End User: Navy, Army, Air Force, Space
Subsegments:
1) By Surveillance And Airborne Warning Radar: Ground-Based Surveillance Radar, Airborne Early Warning Radar
2) By Tracking And Fire Control Radar: Target Tracking Radar, Fire Control Radar Systems
3) By Multi-Function Radar: Air Defense Multi-Function Radar, Naval Multi-Function Radar
4) By Aircraft Traffic Control Radar: Primary Surveillance Radar (PSR), Secondary Surveillance Radar (SSR)
5) By Weather Radar: Doppler Radar, Dual-Polarization Radar
Pre-Book The Coherent Radar Global Market Report 2025 Report For Swift Delivery And Comprehensive Insights:
What Trends are Shaping the Coherent Radar Market?
Leading businesses in the coherent radar market are concentrating on creating A121 sensor-based radar solutions for functional areas like detection of human presence, motion sensing, and level measurement in diverse environments. The A121 sensor is a radar system operating at 60 GHz, utilizing pulsed coherent radar technology, and is recognized for its accuracy, extremely low power usage, and small form factor. For example, in March 2023, Acconeer AB, a Swedish firm that pioneers in producing small, low-cost, low-power mmWave radar sensors, introduced the XM125 Entry+ Module, the initial radar module to incorporate the A121 sensor. This module is engineered for reduced system costs and ease of integration into mass manufacturing solutions, aided by the XE125 evaluation kit for quick product development.
Who Are the Key Players in the Coherent Radar Market?
Major companies operating in the coherent radar market include:
• Hensoldt Holding Germany GmbH
• Raytheon Technologies Corp.
• BAE Systems plc
• Leonardo S.p.A.
• Thales Group
• Lockheed Martin Corporation
• Honeywell International Inc.
• Bharat Electronics Limited
• L&T Defense solutions
• GEM Electronics Inc.
• IAI Group
• Saab AB
• L3 Harris Technologies Inc.
• Northrop Grumman Corporation
• Israel Aerospace Industries Ltd.
• ASELSAN A.S.
• Mitsubishi Electric Corporation
• Harris Corporation
• Rheinmetall AG
• Terma A/S
• ELTA Systems Ltd.
• SRC Inc.
• RADA Electronic Industries Ltd.
• Telephonics Corporation
• Exelis Inc.
• Cobham plc
• Rockwell Collins Inc.
• Selex ES S.p.A.
• Echodyne Corporation
• Cambridge Pixel Ltd.
• Blighter Surveillance Systems Ltd.
• Kelvin Hughes Limited
• Reutech Radar Systems (Pty) Ltd.
• DeTect Inc.
• ELBIT Systems Ltd.
What are the Regional Insights into the Coherent Radar Market?
North America was the largest region in the coherent radar market in 2024. The regions covered in the coherent radar market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
