The Radar Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Radar Market?
The Radar Global Market saw substantial growth in the past years. Its market size, which stood at $37.95 billion in 2024, is projected to increase to $40.5 billion in 2025, with a compound annual growth rate (CAGR) of 6.7%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Radar Industry?
The radar market is projected to reach a size of $51.65 billion in 2029, growing at a compound annual growth rate (CAGR) of 6.3%.
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What are the Key Growth Drivers Fueling the Radar Market?
The key drivers in the radar market are:
• Adoption of next-generation military radar systems
• Expansion of the 5G network
• Increased use of radar technology in environmental monitoring
• Integration of radar systems in autonomous vehicles and space debris tracking
Global Market Segmentation: Identifying Major Radar Industry Segments
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
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What are the Emerging Trends Shaping the Future of the Radar Market?
The key trends in the radar market are:
• Cybersecurity for radar systems is a major emerging trend.
• Miniaturization of radar systems is shaping the future of the market.
• The integration of artificial intelligence into radar systems is becoming increasingly popular.
• Rapid prototyping and development and frequency modulation continuous wave (FM-CW) radar are key upcoming trends.
Who Are the Top Competitors & Leading Players in the Radar Market?
Major companies in the radar market are:
• 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.
Regional Dominance: Which Area Leads the Global Radar Market?
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
