March 2025
Senior Research Analyst
Reviewed By
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.
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.
Metric | Details |
Market Size in 2024 | USD 43.10 Billion |
Projected Market Size in 2034 | USD 289.96 Billion |
CAGR (2025 - 2034) | 21% |
Leading Region | North America |
Market Segmentation | By Component, By Frequency, By Range, By Platform, By Application and By Region |
Top Key Players | 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.) |
Market Drivers | Rising defense expenditure, advancements in radar technology, increasing military conflicts |
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.”
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.
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.
By Component
By Frequency
By Range
By Platform
By Application
By Region
March 2025
March 2025
March 2025
March 2025
Dr. Arjun Patel is a distinguished expert in the automotive industry, holding advanced degrees in Automotive Engineering and Mechanical Engineering. His expertise spans automotive market dynamics, technological advancements, and sustainable practices. Dr. Patel excels in conducting in depth research and analysis on market trends, consumer preferences, and the economic implications within the automotive sector. He is renowned for his insightful publications on topics such as electric vehicles, autonomous driving technologies, and the evolution of sustainable transportation solutions. Dr. Patels research contributions have significantly advanced understanding in the field, earning him recognition as a leading authority in automotive research and analysis.
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