Military Radars Market Size, Key Business Drivers and Strategic Imperatives

Military Radars Market Strategic Analysis and Growth Trends

The military radars market is projected to reach USD 289.96 billion by 2034, growing from USD 52.15 billion in 2025, at a CAGR of 21% during the forecast period from 2025 to 2034.

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Introduction

The military radars market is a prominent branch of the aerospace industry. This industry deals in developing radars for military expeditions. The components of these radars include transmitter, antenna, receiver, duplexer and some others. These radars are available in different frequencies such as C-band, S-band, X-band, L-band, UHF/VHF and some others. It is used for numerous military applications including weapon guidance, airspace monitoring & traffic management, airborne mapping, ground surveillance, navigation and some others. The rising defense expenditure in different parts of the world is crucial for the industrial expansion.  This market is expected to rise significantly with the growth of the defense sector across the world.

• According to the SIPRI, the defense expenditure of North America was US$ 886.3 billion that increased to US$ 907.3 billion in 2023.

Highlights of the Military Radars Market

• North America held the largest share of the military radars market due to increasing defense expenditure in this region.
• Asia Pacific is expected to grow with the highest CAGR due to the rising warfare activities in this region.
• The antenna segment held the largest share of the market due to the growing application of military radars in different parts of the world.
• The land radar segment led the industry due to the rapid adoption of radar in land surveillance operations.

Key Metrics and Overview

Military Radars: Stats and Figures

• According to the SIPRI, the global military expenditure in 2023 was US$ 2393.6 billion.
• According to the Lowy Institute Asia Power Index, the defense expenditure of China was US$ 373 billion in 2024.
• According to the World Population Review, the military spending of Russia is US$12.6 billion in 2025.

Industry Leader Announcement

In September 2024, Andy Fraser, the CEO of Saab UK announced that, “We are immensely proud to support the British Army with our state-of-the-art TAIPAN systems. Our relationship with the Army and the Arthur system builds on years of experience extending back through service in Iraq and Afghanistan. The team at Saab looks forward to continuing our support for the UK as it become the first user of the new Arthur current generation and next generation systems.”

Geographical Insights

North America held the highest share of the military radars market. The rising adoption of anti-stealth VHF radar in military sector for detecting stealth aircrafts has driven the market expansion. Also, the growing defense expenditure in the U.S. and Canada along with rapid investment by governments in the military sector is crucial for the industrial growth. Moreover, the presence of various radar companies such as Honeywell International, Lockheed Martin Corporation, Raytheon and some others is fostering the market growth in this region.

Competitive Landscape

The military radars market is a highly fragmented industry with the presence of several dominating players. Some of the prominent companies in this industry consists of Israel Aerospace Industries Ltd. (Israel), L3Harris Technologies, Inc. (U.S.), Leonardo S.p.A (Italy), Lockheed Martin Corporation (U.S.), Northrop Grumman Corporation (U.S.), Raytheon Technologies Corporation (U.S.) and some others. These companies are constantly engaged in developing radars for the military sector and adopting numerous strategies to maintain their dominance in this industry.

• According to the annual report of Lockheed Martin, the revenue of the company in 2023 was US$ 67571 million that increased to US$ 71043 million in 2024.

Market Segmentations

By Component

• Transmitter
• Antenna
• Receiver
• Duplexer
• Others

By Frequency

• C-Band
• S-Band
• X-Band
• L-Band
• UHF/VHF
• Ku/K/Ka-Band

By Range

• Long
• Medium
• Short
• Very Short

By Platform

• Airborne Radar
• Land Radar
• Naval Radar

By Application

• Weapon Guidance
• Airspace Monitoring & Traffic Management
• Airborne Mapping
• Ground Surveillance & Intruder Detection
• Navigation
• Others

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa