The global Radar Systems market was valued at US$ 21360 million in 2022 and is projected to reach US$ 26900 million by 2029, at a CAGR of 3.3% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Radar is an object-detection system that uses radio waves to determine the range, angle, or velocity of objects. It can be used to detect aircraft, ships, spacecraft, guided missiles, motor vehicles, weather formations, and terrain. A radar system consists of a transmitter producing electromagnetic waves in the radio or microwaves domain, a transmitting antenna, a receiving antenna (often the same antenna is used for transmitting and receiving) and a receiver and processor to determine properties of the object(s). Radio waves (pulsed or continuous) from the transmitter reflect off the object and return to the receiver, giving information about the object's location and speed.
This report aims to provide a comprehensive presentation of the global market for Radar Systems, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Radar Systems. This report contains market size and forecasts of Radar Systems in global, including the following market information:
- Global Radar Systems Market Revenue, 2018-2023, 2024-2029, ($ millions)
- Global top five companies in 2022 (%)
Global Radar Systems key players include Lockheed Martin, Raytheon, Northrop Grumman, etc. Global top three manufacturers hold a share over 30%.
North America is the largest market, with a share about 40%, followed by Europe, and China, both have a share over 35 percent.
In terms of product, Pulsed Radar is the largest segment, with a share over 80%. And in terms of application, the largest application is Long Range Radars, followed by Medium Range Radars, etc.
We surveyed the Radar Systems companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Radar Systems Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Radar Systems Market Segment Percentages, by Type, 2022 (%)
- Pulsed Radar
- Continuous Wave (CW) Radar
Global Radar Systems Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Radar Systems Market Segment Percentages, by Application, 2022 (%)
- Short Range Radars
- Medium Range Radars
- Long Range Radars
Global Radar Systems Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Radar Systems Market Segment Percentages, By Region and Country, 2022 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Radar Systems revenues in global market, 2018-2023 (estimated), ($ millions)
- Key companies Radar Systems revenues share in global market, 2022 (%)
Key players include:
- Lockheed Martin
- Raytheon
- Northrop Grumman
- Saab Group
- L3 Harris
- BAE Systems
- Leonardo SpA
- Rheinmetall AG
- Israel Aerospace Industries Ltd
- Hensoldt
- Aselsan
- Thales
- Indra Sistemas, S.A
- Reutech Radar Systems
- Terma
Outline of Major Chapters:
- Chapter 1: Introduces the definition of Radar Systems, market overview.
- Chapter 2: Global Radar Systems market size in revenue.
- Chapter 3: Detailed analysis of Radar Systems company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
- Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
- Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
- Chapter 6: Sales of Radar Systems in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
- Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
- Chapter 8: The main points and conclusions of the report.
