The Radar System 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 System Market?
The size of the radar system market has experienced fast growth in recent times. The market size is projected to increase from $34.27 billion in 2024 to $37.7 billion in 2025, reflecting a compound annual growth rate (CAGR) of 10.0%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Radar System Industry?
The Radar System Global Market is predicted to grow to a size of $52.66 billion in 2029, with a compound annual growth rate (CAGR) of 8.7%.
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What are the Key Growth Drivers Fueling the Radar System Market?
The key drivers in the radar system market are:
• Geopolitical tensions stimulating increased necessity for radar systems
• Rising requirement for maritime surveillance
• The surge in autonomous vehicle technology
• Increase in defense budgets, especially in emerging markets
Global Market Segmentation: Identifying Major Radar System Industry Segments
The radar system market covered in this report is segmented –
1) By Component: Transmitter, Receiver, Antenna, Other Components
2) By Technologies: Continuous Wave (CW) Radar, Pulsed Radar
3) By Frequency Band: X-Band, S-Band, C-Band, Other Frequencies
4) By Application: Air Traffic Control, Remote Sensing, Ground Traffic Control, Space Navigation And Control, Other Applications
5) By End-user: Aviation, Maritime Applications, Automotive, Military And Defense
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What are the Emerging Trends Shaping the Future of the Radar System Market?
The key trends in the genetically modified vegetables market are:
• The radar system market is expected to be shaped by the increasing adoption of cognitive radar technology.
• Miniaturization is becoming a major factor in the development of radar systems.
• Frequency Modulated Continuous Wave (FMCW) radar is an emerging trend in the market.
• Digital beamforming and synthetic aperture radar (SAR) are also key trends shaping the future of the market.
Who Are the Top Competitors & Leading Players in the Radar System Market?
Major companies in the radar system market are:
• BAE Systems Inc.
• Leonardo S.p.A.
• Lockheed Martin Corporation
• Northrop Grumman Corporation
• Raytheon Technologies Ltd.
• Saab AB
• Thales Group
• Honeywell International Inc.
• General Dynamics Corporation
• Israel Aerospace Industries Ltd.
• Reutech Radar Systems Ltd.
• Elcome Integrated Systems Pvt. Ltd.
• L3Harris Technologies Inc.
• NXP Semiconductors N.V.
• Infineon Technologies AG
• Hensoldt Corp.
• Indra Sistemas SA
• Rheinmetall AG
• Safran SA
• Terma A/S
• Serco Group Plc
• FLIR LLC
• Aselsan AS
• SRC Inc.
• ELTA Systems Ltd.
• Mercury Ltd.
• RADA Electronic Industries Ltd.
• International Foodstuffs Co.
• Cobham Inc.
• Telephonics Corporation
Regional Dominance: Which Area Leads the Global Radar System Market?
North America was the largest region in the radar systems market in 2024
