Press release
Military Radars Market Emerging Trend, Top Companies, Industry Demand and Regional Analysis
Military Radars Market
Radar systems are essential for finding bombs and landmines that are hidden from view. Lightweight radars are one of the main items in the military radar industry that are in high demand worldwide. The enormous potential for their application in the domestic defence industry can be attributed to the high demand for these radars. Additionally, rising expenditures by nations to bolster their home defence and border defence forces are now driving the global market for military radar. Worldwide incidents of civil disturbance and terrorism have prompted a number of nations to strengthen its defensive systems, of which military radars are an indispensable part. However, the movement of wind turbines, which are being deployed in increasing numbers worldwide, is a major obstacle for military radars of turbine blades can drastically impair radar reception.
Demand for military radars is still very high.
Ground-based, naval, airborne, and space-based military radars are the different types that are sold in the international radar market. The airborne segment of these dominated the global market in 2018. Due to rising dangers of airstrikes and airborne terrorist intrusions, demand for airborne military radars is anticipated to increase over the projection period. In the foreseeable future, research and development on airborne military radars is projected to continue at a rapid pace.
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COVID-19 Impact on Military Radars Market:
The industry was badly damaged by the ongoing coronavirus (COVID-19) pandemic in 2020. Research and development efforts for 3D radars were impeded by lockdowns and government bans on public gatherings. Government priorities turned primarily toward economic recovery, which caused companies to see a decline in the number of 3D radar orders. Due to concerns with labour shortages, the COVID-19 pandemic has had a negative impact on the production of 3D radar. The need for radars in military applications was also negatively impacted by the worldwide cancellation of several military exercises. The industry, nonetheless, is anticipated to have a major growth following COVID-19 as various nations concentrate on purchasing radars for the security of their forces.
Global Military Radars Market- Key trends
Rising cross border disputes to aid market expansion
There have been surging occurrences of cross border conflicts across the globe. Frequent attacks on the armed forces as well as civilians have raised security concerns among various governments. This has pushed them to make robust investments in strengthening their defense sector. This is turn is escalating the demand for military radars for the efficient navigation and monitoring of enemy activities.
Global Military Radars Market- Segmental assessment
By Type
• Surveillance & Airborne Early Warning
• Tracking & Fire Control Radar
• Multi-Function Radar
• Synthetic Aperture & Moving Target Indicator Radar
• Weapon Locating Radar
• Ground Penetrating Radar
• Weather Radar
The weapon locating radar segment is poised to amass notable gains over the estimated period due to the rising instances of geopolitical tension across the globe.
By Platform
• Airborne Radar
• Land Radar
• Naval Radar
• Space Based Radar
By Range
• Very Short
• Short Range
• Medium Range
• Long Range
By Component
• Antenna
• Digital Signal Processor
• Display
• Duplexer
• Receiver
• Stabilization System
• Transmitter
By Frequency Band
• VHF/UHF Band
• L Band
• S Band
• C Band
• X Band
• Ku/Ka/K Band'
By Dimension
• 2D
• 3D
• 4D
By Application
• Airborne Mapping
• Airspace Monitoring & Traffic Management
• Air & Missile Defense
• Ground Force Protection & Counter Battery
• Ground Surveillance & Intruder Detection
• Mine Detection & Underground Mapping
• Navigation
• Weapon Guidance
• Weather Monitoring
By End User
• Air Force
• Army
• Navy
Global Military Radars Market- Competitive hierarchy
The prominent players characterizing the competitive terrain of this business sphere are Northrop Grumman Corporation, Thales Group, Lockheed Martin Corporation, Israel Aerospace Industries Ltd., BAE Systems, Raytheon Technologies Corporation, Saab AB, Leonardo S.p.A, ASELSAN A., and L3Harris Technologies, Inc.
Notably, in November 2019, Leonardo S.P.A. inked a partnership deal with PT LEN to diversify its military radars portfolio.
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Frequently Asked Questions
What is the growth rate projection for Global Military Radars Market over 2022-2030?
What are the expansion determinants for Global Military Radars Market?
What are the major segments profiled in the Global Military Radars Market report?
Which are the major regions present in the Global Military Radars Market?
Which is the fastest growing region in the Global Military Radars Market?
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