Press release
Global Military Radar Market Evaluated to Reach USD 26,461.9 Million in Revenue By 2030 | Infinium Global Research
The Global Military Radar Market is witnessing remarkable growth, with a valuation of USD 15,083.9 million in 2022 and a projected reach of USD 26,461.9 million by 2030, representing a substantial CAGR of 7.35% during the forecast period. The market's ascent is attributed to persistent developments in Radio Frequency technology and an increasing need for early identification means. Military radar systems play a pivotal role on the battlefield, providing high-resolution imaging, tracking fixed and moving targets, and contributing to the monitoring and avoidance of aircraft collisions. However, the market faces challenges related to growing cyber threats and the high cost of space-based radars.To Know More Request a Sample of this Report: https://www.infiniumglobalresearch.com/reports/sample-request/1065
Global Defense Spending Drives Demand
According to the Stockholm International Peace Research Institute (SIPRI), global military spending reached USD 2.1 trillion in 2021, with the top 15 countries accounting for 81% of this expenditure. The United States and China led the spending, contributing 38% and 14%, respectively. The United Kingdom and France also climbed the ranks in terms of global military spending. The rise in military spending, both in developed and emerging nations, is a key driver of the global military radar market.
Turbulent Times Call for Advanced Solutions
Civil unrest, conflicts, and violence have surged globally in the past decade, exacerbated by the COVID-19 pandemic. Non-state entities, including political militias, criminal organizations, and global terrorist groups, are responsible for many conflicts. In 2020, terrorism claimed 22,847 lives worldwide. As a result, demand for military radar to contain such attacks and safeguard territorial security has risen across all nations, contributing to the market's growth.
Procurement Challenges and Delays
Prolonged procurement procedures, stringent regulations, and bureaucratic hurdles in defense acquisition processes can hamper the market. Delays in procurement or tender processes often lead to cost overruns and affect negotiations between defense companies and users. This issue is especially prominent in developing countries where lengthy product evaluations and user trials are common. The failure of re-negotiations due to disputes over terms and conditions, including prices and supply chain, is one of the negative outcomes of extended procurement processes.
Technological Advancements Propel Opportunities
Radar technology is evolving rapidly to counter emerging threats like ballistic missiles, hypersonic aircraft, tanks, and drones. Stealth technologies are being incorporated into various military assets, challenging radar detection. Advancements such as active electronically scanned arrays (AESA) and digital array radar are revolutionizing radar system performance. Moreover, new technologies like GaN MMICs are driving the development of conformal radar, MIMO design, and integrated RF systems, presenting new opportunities in the market.
A Secure Future Ahead
The global military radar market is poised for substantial growth, underpinned by continuous technological advancements and increased defense spending worldwide. Military radar systems are pivotal in ensuring national security and safeguarding against evolving threats, further propelling market expansion.
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Table of Content
Chapter 1. Preface
1.1. Report Description
1.2. Research Methods
1.3. Research Approaches
Chapter 2. Executive Summary
2.1. Military Radar Market Highlights
2.2. Military Radar Market Projection
2.3. Military Radar Market Regional Highlights
Chapter 3. Global Military Radar Market Overview
3.1. Introduction
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities
3.3. Porter's Five Forces Analysis
3.4. IGR-Growth Matrix Analysis
3.4.1. IGR-Growth Matrix Analysis by Type
3.4.2. IGR-Growth Matrix Analysis by Dimension
3.4.3. IGR-Growth Matrix Analysis by Region
3.5. Value Chain Analysis of Military Radar Market
Chapter 4. Military Radar Market Macro Indicator Analysis
Chapter 5 Global Military Radar Market, By Platforms
5.1 Introduction
5.1.1 Ground-based Radar
5.1.2 Naval Radar
5.1.3 Space-based radar
5.1.4 Air Based Radar
Chapter 6 Global Military Radar Market, By Dimension
6.1 Introduction
6.1.1 2D Radar
6.1.2 3D Radar
6.1.3 4D Radar
Chapter 7 Global Military Radar Market, By Range
7.1 Introduction
7.1.1 Very Short
7.1.2 Short
7.1.3 Medium
7.1.4 Long
Chapter 8 Global Military Radar Market, By Application
8.1 Introduction
8.1.1 Air Defense
8.1.2 Battlefield, Missile Control
8.1.3 Surveillance
8.1.4 Military Air Traffic Control
8.1.5 Navigation and Safety
8.1.6 Other Applications
Chapter 9 Global Military Radar Market, By Region
9.1 Overview
9.2 North America Military Radar Market
9.2.1 North America Military Radar Market, By Platforms
9.2.2 North America Military Radar Market, By Dimension
9.2.3 North America Military Radar Market, By Range
9.2.4 North America Military Radar Market, By Application
9.2.5 North America Military Radar Market, By Country
9.2.5.1 The U. S Military Radar Market
9.2.5.1.1 The U. S Military Radar Market, By Platforms
9.2.5.1.2 The U. S Military Radar Market, By Dimension
9.2.5.1.3 The U. S Military Radar Market, By Range
9.2.5.1.4 The U. S Military Radar Market, By Application
9.2.5.2 Canada Military Radar Market
9.2.5.2.1 Canada Military Radar Market, By Platforms
9.2.5.2.2 Canada Military Radar Market, By Dimension
9.2.5.2.3 Canada Military Radar Market, By Range
9.2.5.2.4 Canada Military Radar Market, By Application
9.2.5.3 Rest of North America Military Radar Market
9.2.5.3.1 Rest of North America Military Radar Market, By Platforms
9.2.5.3.2 Rest of North America Military Radar Market, By Dimension
9.2.5.3.3 Rest of North America Military Radar Market, By Range
9.2.5.3.4 Rest of North America Military Radar Market, By Application
9.3 Europe Military Radar Market
9.3.1 Europe Military Radar Market, By Platforms
9.3.2 Europe Military Radar Market, By Dimension
9.3.3 Europe Military Radar Market, By Range
9.3.4 Europe Military Radar Market, By Application
9.3.5 Europe Military Radar Market, By Country
9.3.5.1 Germany Military Radar Market
9.3.5.1.1 Germany Military Radar Market, By Platforms
9.3.5.1.2 Germany Military Radar Market, By Dimension
9.3.5.1.3 Germany Military Radar Market, By Range
9.3.5.1.4 Germany Military Radar Market, By Application
9.3.5.2 The U.K Military Radar Market
9.3.5.2.1 The U.K Military Radar Market, By Platforms
9.3.5.2.2 The U.K Military Radar Market, By Dimension
9.3.5.2.3 The U.K Military Radar Market, By Range
9.3.5.2.4 The U.K Military Radar Market, By Application
9.3.5.3 France Military Radar Market
9.3.5.3.1 France Military Radar Market, By Platforms
9.3.5.3.2 France Military Radar Market, By Dimension
9.3.5.3.3 France Military Radar Market, By Range
9.3.5.3.4 France Military Radar Market, By Application
9.3.5.4 Rest of Europe Military Radar Market
9.3.5.4.1 Rest of Europe Military Radar Market, By Platforms
9.3.5.4.2 Rest of Europe Military Radar Market, By Dimension
9.3.5.4.3 Rest of Europe Military Radar Market, By Range
9.3.5.4.4 Rest of Europe Military Radar Market, By Application
9.4 Asia-Pacific Military Radar Market
9.4.1 Asia-Pacific Military Radar Market, By Platforms
9.4.2 Asia-Pacific Military Radar Market, By Dimension
9.4.3 Asia-Pacific Military Radar Market, By Range
9.4.4 Asia-Pacific Military Radar Market, By Application
9.4.5 Asia-Pacific Military Radar Market, By Country
9.4.5.1 China Military Radar Market
9.4.5.1.1 China Military Radar Market, By Platforms
9.4.5.1.2 China Military Radar Market, By Dimension
9.4.5.1.3 China Military Radar Market, By Range
9.4.5.1.4 China Military Radar Market, By Application
9.4.5.2 India Military Radar Market
9.4.5.2.1 India Military Radar Market, By Platforms
9.4.5.2.2 India Military Radar Market, By Dimension
9.4.5.2.3 India Military Radar Market, By Range
9.4.5.2.4 India Military Radar Market, By Application
9.4.5.3 Japan Military Radar Market
9.4.5.3.1 Japan Military Radar Market, By Platforms
9.4.5.3.2 Japan Military Radar Market, By Dimension
9.4.5.3.3 Japan Military Radar Market, By Range
9.4.5.3.4 Japan Military Radar Market, By Application
9.4.5.4 Rest of APAC Military Radar Market
9.4.5.4.1 Rest of APAC Military Radar Market, By Platforms
9.4.5.4.2 Rest of APAC Military Radar Market, By Dimension
9.4.5.4.3 Rest of APAC Military Radar Market, By Range
9.4.5.4.4 Rest of APAC Military Radar Market, By Application
9.5 RoW Military Radar Market
9.5.1 RoW Military Radar Market, By Platforms
9.5.2 RoW Military Radar Market, By Dimension
9.5.3 RoW Military Radar Market, By Range
9.5.4 RoW Military Radar Market, By Application
9.5.5 RoW Military Radar Market, By Sub-Region
9.5.5.1 Latin America Military Radar Market
9.5.5.1.1 Latin America Military Radar Market, By Platforms
9.5.5.1.2 Latin America Military Radar Market, By Dimension
9.5.5.1.3 Latin America Military Radar Market, By Range
9.5.5.1.4 Latin America Military Radar Market, By Application
9.5.5.2 Middle East Military Radar Market
9.5.5.2.1 Middle East Military Radar Market, By Platforms
9.5.5.2.2 Middle East Military Radar Market, By Dimension
9.5.5.2.3 Middle East Military Radar Market, By Range
9.5.5.2.4 Middle East Military Radar Market, By Application
9.5.5.3 Africa Military Radar Market
9.5.5.3.1 Africa Military Radar Market, By Platforms
9.5.5.3.2 Africa Military Radar Market, By Dimension
9.5.5.3.3 Africa Military Radar Market, By Range
9.5.5.3.4 Africa Military Radar Market, By Application
Chapter 10 Company Profiling
10.1 Competitive Landscape in the Global E-learning Market
10.2 Companies Profiles
10.2.1 Raytheon Technologies Corporation
10.2.1.1 Overview
10.2.1.2 Company Snapshot
10.2.1.3 Financial Snapshot
10.2.1.4 Product Portfolio
10.2.1.5 Recent Developments
10.2.2 Lockheed Martin Corporation
10.2.2.1 Overview
10.2.2.2 Company Snapshot
10.2.2.3 Financial Snapshot
10.2.2.4 Product Portfolio
10.2.3 L3Harris Technologies, Inc.
10.2.3.1 Overview
10.2.3.2 Company Snapshot
10.2.3.3 Financial Overview
10.2.3.4 Product Portfolio
10.2.3.5 Recent Development
10.2.4 Thales Group
10.2.4.1 Overview
10.2.4.2 Company Snapshot
10.2.4.3 Financial Snapshot
10.2.4.4 Product Portfolio
10.2.4.5 Recent Development
10.2.5 Saab AB 301
10.2.5.1 Overview
10.2.5.2 Company Snapshot
10.2.5.3 Financial Snapshot
10.2.5.4 Product Portfolio
10.2.5.5 Recent Development Portfolio
10.2.6 BAE Systems, Plc
10.2.6.1 Overview
10.2.6.2 Company Snapshot
10.2.6.3 Financial Snapshot
10.2.6.4 Product Portfolio
10.2.6.5 Recent Development
10.2.7 Terma A/S
10.2.7.1 Overview
10.2.7.2 Company Snapshot
10.2.7.3 Product Portfolio
10.2.8 Northrop Grumman Corporation
10.2.8.1 Overview
10.2.8.2 Company Snapshot
10.2.8.3 Financial Snapshot
10.2.8.4 Product Portfolio
10.2.9 ASELSAN A.Ş.
10.2.9.1 Company Snapshot
10.2.9.2 Financial Snapshot
10.2.9.3 Product Portfolio
10.2.10 ELTA Systems Ltd.
10.2.10.1 Overview
10.2.10.2 Company Snapshot
10.2.10.3 Product Portfolio
More Insights on this report, Speak to Our Analyst: https://www.infiniumglobalresearch.com/reports/enquiry/1065
Reasons to Buy this Report:
=> Comprehensive analysis of global as well as regional markets of E-learning.
=> Complete coverage of all the product types and application segments to analyze the trends, developments, and forecast of market size up to 2030.
=> Comprehensive analysis of the companies operating in this market. The company profile includes an analysis of the product portfolio, revenue, SWOT analysis, and the latest developments of the company.
=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus on to invest, consolidate, expand, and/or diversify.
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Through our information services and solutions, we assist our clients to improve their performance and assess the market conditions to achieve their organizational goals. Our team of experts and analysts are engaged in continuously monitoring and assessing the market conditions to provide knowledge support to our clients. To help our clients and to stay updated with the advances and inventions in technology, business processes, regulations, and the environment, Infinium often conducts regular meets with industry experts and opinion leaders. Our key opinion leaders are involved in monitoring and assessing the progress in the business environment, so as to offer the best opinion to our clients.
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