PUBLISHER: Acute Market Reports | PRODUCT CODE: 1180676
PUBLISHER: Acute Market Reports | PRODUCT CODE: 1180676
Military Radar Market - Growth, Future Prospects and Competitive Analysis, 2022 - 2030
Radio detection and ranging (RADAR) is a detection and surveillance system which uses radio frequency to detect any object. Radar has the capacity to find any stationary or moving object and determine their shape, distance, angle, velocity and other static and dynamic properties. Radars are primarily developed for military applications and are extensively used for surveillance and detection. The modern military radar system has the capability of surveillance while based on the ground, ships and aircraft carriers, aircraft, and also on space stations. The profound proliferation of advanced electronics has amplified the capacity of radar systems, expanding its application area. In addition, advanced electronics has made the military radar system more compact and easy to maneuver. Consequently, the aforementioned merits have boosted the demand for the modern military radar system in the past few years.
Many countries across the globe are facing crucial security issues such as territorial conflicts, terrorist activities, and illegal infiltration. Various national governments are heavily investing in order to strengthen their war capabilities and surveillance system. Consequently, the advanced military radar system is heavily procured by the governments for better surveillance and detection of their borders and inaccessible regions. Apart from ground surveillance, military radar system is also capable of inspecting the water bodies and airspace. In addition, the military radar system is used for military activities such as warning against hidden explosives and mines, ground mapping and detection of stealth aircraft, incoming projectiles, and vehicles.
The report titled "Military Radar Market- Growth, Future Prospects and Competitive Landscape, 2022-2030" offers strategic insights into the global military equipment market with a focus on the market size and estimates for the duration 2020 to 2030. The said research study covers in-depth analysis of market segments based on types and cross-sectional study across different geographies. The study covers the comparative analysis of each sub-segment for the years 2022-2030. The report also provides a prolific view on market dynamics such as market drivers, restraints, and opportunities.
In order to help strategic decision makers, the report also includes competitive profiling of the leading military radar manufacturers, their strategies, market positioning and key developments. Some of the major players profiled in the report include Lockheed Martin Corporation, BAE Systems, General Dynamics Corporation, Airbus Group, Raytheon Company, Thales Group, Northrop Grumman Corporation, Saab Group, Israel Aerospace Industries (IAI), and Finmeccanica SPA. Other in-depth analysis provided in the report includes:
Current and future market trends to justify the forthcoming attractive markets within the military radars.
Market fuellers, market impediments, and their impact on the market growth
Market inclination insights including evolution of Radars and key trend analysis for military radar market
In-depth competitive environment analysis
Trailing 2-Year market size data (2020 - 2021)
SRC (Segment-Region-Country) Analysis
As of 2020, the ground-based military radar system dominated the overall military radar market worldwide. Ground-based radar helps to detect hidden explosives, mines, underground infrastructures, bunkers, tunnels, and several other objects making them highly useful for land defense. These radar systems make a big impact during live war situations and can be used to prevent heavy losses. Thus, defense system depends heavily on ground-based military radars. Consequently, the demand for ground-based military radar is expected to remain high during the forecast period.
Airborne military radar is projected emerge as the fastest growing radar system in overall military radar market. Generally mounted on aircraft, theses radar systems are capable of detecting unauthorized air infiltration by any manned/unmanned aircraft, missiles, and projectiles. Airborne radar system makes a big impact in modern air warfare. Therefore, the segment is expected to grow at a considerable rate in the following years.
North America dominates the overall military radar market, in terms of revenue, as of 2020. The market here is principally driven by the U.S. contributing to more than 90% of the regional market revenue. The U.S. accounts for the highest spending over defense systems (including military radar). Due to border issues along Mexico, radar systems have been witnessing consistent demand since the past several years. In addition, the presence of a large number of major companies is another major factor supporting the market growth here. Subsequently, North America would continue to dominate the overall military radar market throughout the forecast period.
Asia Pacific trails North America in the overall military radar market, in terms of revenue. Asia-Pacific countries such as China, India, Japan and South Korea are striving extensively to expand their war capabilities. The aforementioned countries contribute the majority of the market revenue in Asia Pacific. Due to rising border tensions along with the expenditure over defense systems, Asia Pacific is projected to emerge as the fastest growing market in the following years.
Historical & Forecast Period
This study report represents analysis of each segment from 2020 to 2030 considering 2021 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2022 to 2030.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Military Radar market are as follows:
Research and development budgets of manufacturers and government spending
Revenues of key companies in the market segment
Number of end users and consumption volume, price and value.
Geographical revenues generate by countries considered in the report:
Micro and macro environment factors that are currently influencing the Military Radar market and their expected impact during the forecast period.
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
Market Segmentation
Type
Ground-based
Naval-based
Airborne
Space-based
Region Segment (2020-2030; US$ Million)
North America
U.S.
Canada
Rest of North America
UK and European Union
UK
Germany
Spain
Italy
France
Rest of Europe
Asia Pacific
China
Japan
India
Australia
South Korea
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East and Africa
GCC
Africa
Rest of Middle East and Africa
Global Impact of COVID-19 Segment (2020-2021; US$ Million )
Pre COVID-19 situation
Post COVID-19 situation
Key questions answered in this report:
What are the key micro and macro environmental factors that are impacting the growth of Military Radar market?
What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
Estimated forecast and market projections up to 2030.
Which segment accounts for the fastest CAGR during the forecast period?
Which market segment holds a larger market share and why?
Are low and middle-income economies investing in the Military Radar market?
Which is the largest regional market for Military Radar market?
What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
Which are the key trends driving Military Radar market growth?
Who are the key competitors and what are their key strategies to enhance their market presence in the Military Radar market worldwide?
Table of Contents
1. Preface
- 1.1. Report Description
- 1.1.1. Purpose of the Report
- 1.1.2. Target Audience
- 1.1.3. Key Offerings
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.3.1. Phase I - Secondary Research
- 1.3.2. Phase II - Primary Research
- 1.3.3. Phase III - Expert Panel Review
- 1.3.4. Assumptions
- 1.3.5. Approach Adopted
2. Executive Summary
- 2.1. Market Snapshot: Global Military Radar Market
- 2.2. Global Military Radar Market, By Type, 2021 (US$ Million)
- 2.3. Global Military Radar Market, By Geography, 2021 (US$ Million)
- 2.4. Attractive Investment Proposition by Geography, 2021
3. Military Radar Market: Competitive Analysis
- 3.1. Market Positioning of Key Military Radar Market Vendors
- 3.2. Strategies Adopted by Military Radar Market Vendors
- 3.3. Key Industry Strategies
- 3.4. Tier Analysis 2021 Versus 2030
4. Military Radar Market: Macro Analysis & Market Dynamics
- 4.1. Introduction
- 4.2. Global Military Radar Market Value, 2020 - 2030, (US$ Million)
- 4.3. Market Dynamics
- 4.3.1. Market Drivers
- 4.3.2. Market Restraints
- 4.3.3. Key Challenges
- 4.3.4. Key Opportunities
- 4.4. Impact Analysis of Drivers and Restraints
- 4.5. See-Saw Analysis
5. Military Radar Market: By Type, 2020-2030, USD (Million)
- 5.1. Market Overview
- 5.2. Growth & Revenue Analysis: 2021 Versus 2030
- 5.3. Market Segmentation
- 5.3.1. Ground-based
- 5.3.2. Naval-based
- 5.3.3. Airborne
- 5.3.4. Space-based
6. North America Military Radar Market, 2020-2030, USD (Million)
- 6.1. Market Overview
- 6.2. Military Radar Market: By Type, 2020-2030, USD (Million)
- 6.3.Military Radar Market: By Region, 2020-2030, USD (Million)
- 6.3.1.North America
- 6.3.1.1. U.S.
- 6.3.1.1.1. Military Radar Market: By Type, 2020-2030, USD (Million)
- 6.3.1.2. Canada
- 6.3.1.2.1. Military Radar Market: By Type, 2020-2030, USD (Million)
- 6.3.1.3. Rest of North America
- 6.3.1.3.1. Military Radar Market: By Type, 2020-2030, USD (Million)
- 6.3.1.1. U.S.
- 6.3.1.North America
7. UK and European Union Military Radar Market, 2020-2030, USD (Million)
- 7.1. Market Overview
- 7.2. Military Radar Market: By Type, 2020-2030, USD (Million)
- 7.3.Military Radar Market: By Region, 2020-2030, USD (Million)
- 7.3.1.UK and European Union
- 7.3.1.1. UK
- 7.3.1.1.1. Military Radar Market: By Type, 2020-2030, USD (Million)
- 7.3.1.2. Germany
- 7.3.1.2.1. Military Radar Market: By Type, 2020-2030, USD (Million)
- 7.3.1.3. Spain
- 7.3.1.3.1. Military Radar Market: By Type, 2020-2030, USD (Million)
- 7.3.1.4. Italy
- 7.3.1.4.1. Military Radar Market: By Type, 2020-2030, USD (Million)
- 7.3.1.5. France
- 7.3.1.5.1. Military Radar Market: By Type, 2020-2030, USD (Million)
- 7.3.1.6. Rest of Europe
- 7.3.1.6.1. Military Radar Market: By Type, 2020-2030, USD (Million)
- 7.3.1.1. UK
- 7.3.1.UK and European Union
8. Asia Pacific Military Radar Market, 2020-2030, USD (Million)
- 8.1. Market Overview
- 8.2. Military Radar Market: By Type, 2020-2030, USD (Million)
- 8.3.Military Radar Market: By Region, 2020-2030, USD (Million)
- 8.3.1.Asia Pacific
- 8.3.1.1. China
- 8.3.1.1.1. Military Radar Market: By Type, 2020-2030, USD (Million)
- 8.3.1.2. Japan
- 8.3.1.2.1. Military Radar Market: By Type, 2020-2030, USD (Million)
- 8.3.1.3. India
- 8.3.1.3.1. Military Radar Market: By Type, 2020-2030, USD (Million)
- 8.3.1.4. Australia
- 8.3.1.4.1. Military Radar Market: By Type, 2020-2030, USD (Million)
- 8.3.1.5. South Korea
- 8.3.1.5.1. Military Radar Market: By Type, 2020-2030, USD (Million)
- 8.3.1.6. Rest of Asia Pacific
- 8.3.1.6.1. Military Radar Market: By Type, 2020-2030, USD (Million)
- 8.3.1.1. China
- 8.3.1.Asia Pacific
9. Latin America Military Radar Market, 2020-2030, USD (Million)
- 9.1. Market Overview
- 9.2. Military Radar Market: By Type, 2020-2030, USD (Million)
- 9.3.Military Radar Market: By Region, 2020-2030, USD (Million)
- 9.3.1.Latin America
- 9.3.1.1. Brazil
- 9.3.1.1.1. Military Radar Market: By Type, 2020-2030, USD (Million)
- 9.3.1.2. Mexico
- 9.3.1.2.1. Military Radar Market: By Type, 2020-2030, USD (Million)
- 9.3.1.3. Rest of Latin America
- 9.3.1.3.1. Military Radar Market: By Type, 2020-2030, USD (Million)
- 9.3.1.1. Brazil
- 9.3.1.Latin America
10. Middle East and Africa Military Radar Market, 2020-2030, USD (Million)
- 10.1. Market Overview
- 10.2. Military Radar Market: By Type, 2020-2030, USD (Million)
- 10.3.Military Radar Market: By Region, 2020-2030, USD (Million)
- 10.3.1.Middle East and Africa
- 10.3.1.1. GCC
- 10.3.1.1.1. Military Radar Market: By Type, 2020-2030, USD (Million)
- 10.3.1.2. Africa
- 10.3.1.2.1. Military Radar Market: By Type, 2020-2030, USD (Million)
- 10.3.1.3. Rest of Middle East and Africa
- 10.3.1.3.1. Military Radar Market: By Type, 2020-2030, USD (Million)
- 10.3.1.1. GCC
- 10.3.1.Middle East and Africa
11. Company Profile
- 11.1. Lockheed Martin Corporation
- 11.1.1. Company Overview
- 11.1.2. Financial Performance
- 11.1.3. Product Portfolio
- 11.1.4. Strategic Initiatives
- 11.2. BAE Systems
- 11.2.1. Company Overview
- 11.2.2. Financial Performance
- 11.2.3. Product Portfolio
- 11.2.4. Strategic Initiatives
- 11.3. General Dynamics Corporation
- 11.3.1. Company Overview
- 11.3.2. Financial Performance
- 11.3.3. Product Portfolio
- 11.3.4. Strategic Initiatives
- 11.4. Airbus Group
- 11.4.1. Company Overview
- 11.4.2. Financial Performance
- 11.4.3. Product Portfolio
- 11.4.4. Strategic Initiatives
- 11.5. Raytheon Company
- 11.5.1. Company Overview
- 11.5.2. Financial Performance
- 11.5.3. Product Portfolio
- 11.5.4. Strategic Initiatives
- 11.6. Thales Group
- 11.6.1. Company Overview
- 11.6.2. Financial Performance
- 11.6.3. Product Portfolio
- 11.6.4. Strategic Initiatives
- 11.7. Northrop Grumman Corporation
- 11.7.1. Company Overview
- 11.7.2. Financial Performance
- 11.7.3. Product Portfolio
- 11.7.4. Strategic Initiatives
- 11.8. Saab Group
- 11.8.1. Company Overview
- 11.8.2. Financial Performance
- 11.8.3. Product Portfolio
- 11.8.4. Strategic Initiatives
- 11.9. Israel Aerospace Industries (IAI)
- 11.9.1. Company Overview
- 11.9.2. Financial Performance
- 11.9.3. Product Portfolio
- 11.9.4. Strategic Initiatives
- 11.10. Finmeccanica SPA
- 11.10.1. Company Overview
- 11.10.2. Financial Performance
- 11.10.3. Product Portfolio
- 11.10.4. Strategic Initiatives
List of Tables
- TABLE 1 Global Military Radar Market By Type, 2020-2030, USD (Million)
- TABLE 2 North America Military Radar Market By Type, 2020-2030, USD (Million)
- TABLE 3 U.S. Military Radar Market By Type, 2020-2030, USD (Million)
- TABLE 4 Canada Military Radar Market By Type, 2020-2030, USD (Million)
- TABLE 5 Rest of North America Military Radar Market By Type, 2020-2030, USD (Million)
- TABLE 6 UK and European Union Military Radar Market By Type, 2020-2030, USD (Million)
- TABLE 7 UK Military Radar Market By Type, 2020-2030, USD (Million)
- TABLE 8 Germany Military Radar Market By Type, 2020-2030, USD (Million)
- TABLE 9 Spain Military Radar Market By Type, 2020-2030, USD (Million)
- TABLE 10 Italy Military Radar Market By Type, 2020-2030, USD (Million)
- TABLE 11 France Military Radar Market By Type, 2020-2030, USD (Million)
- TABLE 12 Rest of Europe Military Radar Market By Type, 2020-2030, USD (Million)
- TABLE 13 Asia Military Radar Market By Type, 2020-2030, USD (Million)
- TABLE 14 China Military Radar Market By Type, 2020-2030, USD (Million)
- TABLE 15 Japan Military Radar Market By Type, 2020-2030, USD (Million)
- TABLE 16 India Military Radar Market By Type, 2020-2030, USD (Million)
- TABLE 17 Australia Military Radar Market By Type, 2020-2030, USD (Million)
- TABLE 18 South Korea Military Radar Market By Type, 2020-2030, USD (Million)
- TABLE 19 Latin America Military Radar Market By Type, 2020-2030, USD (Million)
- TABLE 20 Brazil Military Radar Market By Type, 2020-2030, USD (Million)
- TABLE 21 Mexico Military Radar Market By Type, 2020-2030, USD (Million)
- TABLE 22 Rest of Latin America Military Radar Market By Type, 2020-2030, USD (Million)
- TABLE 23 Middle East and Africa Military Radar Market By Type, 2020-2030, USD (Million)
- TABLE 24 GCC Military Radar Market By Type, 2020-2030, USD (Million)
- TABLE 25 Africa Military Radar Market By Type, 2020-2030, USD (Million)
- TABLE 26 Rest of Middle East and Africa Military Radar Market By Type, 2020-2030, USD (Million)
List of Figures
- FIG. 1 Global Military Radar Market: Market Coverage
- FIG. 2 Research Methodology and Data Sources
- FIG. 3 Market Size Estimation - Top Down & Bottom-Up Approach
- FIG. 4 Global Military Radar Market: Quality Assurance
- FIG. 5 Global Military Radar Market, By Type, 2021
- FIG. 6 Global Military Radar Market, By Geography, 2021
- FIG. 7 Market Geographical Opportunity Matrix - Global Military Radar Market, 2021
- FIG. 8 Market Positioning of Key Military Radar Market Players, 2021
- FIG. 9 Global Military Radar Market - Tier Analysis - Percentage of Revenues by Tier Level, 2021 Versus 2030
- FIG. 10 Global Military Radar Market, By Type, 2021 Vs 2030, %
- FIG. 11 U.S. Military Radar Market (US$ Million), 2020 - 2030
- FIG. 12 Canada Military Radar Market (US$ Million), 2020 - 2030
- FIG. 13 Rest of North America Military Radar Market (US$ Million), 2020 - 2030
- FIG. 14 UK Military Radar Market (US$ Million), 2020 - 2030
- FIG. 15 Germany Military Radar Market (US$ Million), 2020 - 2030
- FIG. 16 Spain Military Radar Market (US$ Million), 2020 - 2030
- FIG. 17 Italy Military Radar Market (US$ Million), 2020 - 2030
- FIG. 18 France Military Radar Market (US$ Million), 2020 - 2030
- FIG. 19 Rest of Europe Military Radar Market (US$ Million), 2020 - 2030
- FIG. 20 China Military Radar Market (US$ Million), 2020 - 2030
- FIG. 21 Japan Military Radar Market (US$ Million), 2020 - 2030
- FIG. 22 India Military Radar Market (US$ Million), 2020 - 2030
- FIG. 23 Australia Military Radar Market (US$ Million), 2020 - 2030
- FIG. 24 South Korea Military Radar Market (US$ Million), 2020 - 2030
- FIG. 25 Rest of Asia Military Radar Market (US$ Million), 2020 - 2030
- FIG. 26 Brazil Military Radar Market (US$ Million), 2020 - 2030
- FIG. 27 Mexico Military Radar Market (US$ Million), 2020 - 2030
- FIG. 28 Rest of Latin America Military Radar Market (US$ Million), 2020 - 2030
- FIG. 29 GCC Military Radar Market (US$ Million), 2020 - 2030
- FIG. 30 Africa Military Radar Market (US$ Million), 2020 - 2030
- FIG. 31 Rest of Middle East and Africa Military Radar Market (US$ Million), 2020 - 2030
