Press release
Global Radar Market Expected to Reach USD 18.31 Billion by 2030 Say's Maximize Market Research Report 2024 to 2030
Maximize Market Research, has published market intelligence and competitive landscape report on the 𝐑𝐚𝐝𝐚𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 published in March 2024. The Radar Market size was valued at USD 11.25 Bn. in 2023 and the total revenue is expected to grow at a CAGR of 7.2 percent from 2024 to 2030, reaching nearly USD 18.31 Bn. by 2030.The global radar market develops and deploys radar systems for a variety of applications and is increasing quickly. Radar employs electromagnetic waves to identify and track things in the environment. Defence, aviation, automobile, maritime, weather forecasting, and surveillance employ it. Several factors drive radar market expansion.
𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐚 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐨𝐟 𝐎𝐮𝐫 𝐋𝐚𝐭𝐞𝐬𝐭 𝐑𝐞𝐩𝐨𝐫𝐭 𝐍𝐨𝐰: https://www.maximizemarketresearch.com/request-sample/210024/
North America and Europe dominate the radar industry due to strong defence sectors, strong R&D, and significant defence spending. However, rising defence budgets, modernization programmes, and the necessity for surveillance and security in emerging economies will radar market expansion in Asia-Pacific.
The increasing global defense spending by various countries is a significant driver for the radar market. Governments across the world are prioritizing the modernization of their defense capabilities, leading to the adoption of advanced radar systems for surveillance, target detection and tracking purposes. The rising emphasis on safety and security in the aviation and automotive sectors is driving the adoption of radar-based collision avoidance and autonomous driving systems.
Radar technology has great potential in unmanned systems like UAVs and UGVs. Radar systems help autonomous cars and drones detect, track, and avoid obstacles. Radar Market companies might capitalize on emerging economies' radar system demand. Defence spending, technology, and infrastructure are rising in the Asia-Pacific area.
The radar market is growing due to the demand for systems with increased range and accuracy, particularly in defense and surveillance. Miniaturization and integration trends, driven by the need for compact radar solutions in automotive and unmanned systems, are also contributing to market growth. Also, digital beam forming technology enhances target detection and tracking capabilities, meeting the need for adaptable and multi-functional radar systems.
Radar system prices are a major constraint. Also, regulatory and legal issues can limit radar sales. Authorities and industry groups regulate radar system deployment and operation. The constant need for technological advancements and innovation. The radar market is highly competitive and staying at the forefront of technology is crucial to meet evolving customer demands.
𝐆𝐞𝐭 𝐘𝐨𝐮𝐫 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐟𝐨𝐫 𝐈𝐦𝐦𝐞𝐝𝐢𝐚𝐭𝐞 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬: https://www.maximizemarketresearch.com/request-sample/210024/
𝐑𝐚𝐝𝐚𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐜𝐨𝐩𝐞:
Market Size in 2023 USD 11.25 Bn.
Market Size in 2030 USD 18.31 Bn.
CAGR 7.2% (2024-2030)
Forecast Period 2024-2030
Base Year 2023
Number of Pages 285
No. of Tables 115
No. of Charts and Figures 110
𝐒𝐞𝐠𝐦𝐞𝐧𝐭 𝐂𝐨𝐯𝐞𝐫𝐞𝐝 𝐛𝐲 𝐏𝐥𝐚𝐭𝐟𝐨𝐫𝐦, 𝐒𝐞𝐫𝐯𝐢𝐜𝐞, 𝐓𝐲𝐩𝐞, 𝐚𝐧𝐝 𝐑𝐚𝐧𝐠𝐞
Regional Scope North America, Europe, Asia Pacific, Middle East and Africa, South America
Report Coverage Radar Market Share, Size & Forecast by Revenue | 2024-2030, Market Dynamics, Growth Drivers, Restraints, Investment Opportunities, and Key Trends, Competitive Landscape, Key Players Benchmarking, Competitive Analysis, MMR Competition Matrix, Competitive Leadership Mapping, Global Key Players' Market Ranking Analysis.
𝐑𝐚𝐝𝐚𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐜𝐨𝐯𝐞𝐫𝐞𝐝 𝐭𝐡𝐞 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐬:
𝐁𝐲 𝐏𝐥𝐚𝐭𝐟𝐨𝐫𝐦
Land
Naval
Airborne
Space
𝐁𝐲 𝐒𝐞𝐫𝐯𝐢𝐜𝐞
Installation/Integration
Support & Maintenance
Training & Consulting
𝐁𝐲 𝐓𝐲𝐩𝐞
Defense & Aerospace
Marine
Weather Forecasting
Remote Sensing
Automotive
𝐁𝐲 𝐑𝐚𝐧𝐠𝐞
Short Range
Medium Range
Long Range
𝐒𝐨𝐦𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐜𝐮𝐫𝐫𝐞𝐧𝐭 𝐩𝐥𝐚𝐲𝐞𝐫𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐑𝐚𝐝𝐚𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐚𝐫𝐞:
Raytheon Technologies Corporation (United States)
Lockheed Martin Corporation (United States)
Collins Aerospace (United States)
L3Harris Technologies, Inc. (United States)
Thales Group (France)
BAE Systems plc (United Kingdom)
Leonardo S.p.A. (Italy)
Mitsubishi Electric Corporation (Japan)
Bharat Electronics Limited (India)
Hanwha Corporation (South Korea)
Atech (Brazil)
Israel Aerospace Industries Ltd. (Israel)
Aselsan A.S. (Turkey)
𝐂𝐥𝐢𝐜𝐤 𝐇𝐞𝐫𝐞 𝐭𝐨 𝐆𝐚𝐢𝐧 𝐃𝐞𝐞𝐩𝐞𝐫 𝐔𝐧𝐝𝐞𝐫𝐬𝐭𝐚𝐧𝐝𝐢𝐧𝐠 + 𝐆𝐫𝐚𝐩𝐡𝐬: https://www.maximizemarketresearch.com/market-report/radar-market/210024/
𝐊𝐞𝐲 𝐪𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬 𝐚𝐧𝐬𝐰𝐞𝐫𝐞𝐝 𝐢𝐧 𝐭𝐡𝐞 𝐑𝐚𝐝𝐚𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐚𝐫𝐞:
What are the growth drivers for the Radar Market?
What is the major restraint for the Radar Market growth?
Which region is expected to lead the global Radar Market during the forecast period?
What is the projected market size & growth rate of the Radar Market?
What segments are covered in the Radar Market report?
𝐊𝐞𝐲 𝐎𝐟𝐟𝐞𝐫𝐢𝐧𝐠𝐬:
Past Market Size and Competitive Landscape
Radar Market Size, Share, Size & Forecast by different segment
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Radar Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐨𝐮𝐫 𝐭𝐨𝐩-𝐩𝐞𝐫𝐟𝐨𝐫𝐦𝐢𝐧𝐠 𝐫𝐞𝐩𝐨𝐫𝐭𝐬 𝐨𝐧 𝐭𝐡𝐞 𝐥𝐚𝐭𝐞𝐬𝐭 𝐭𝐫𝐞𝐧𝐝𝐬:
Radar Security Market was worth USD 26.63 Bn. in 2023 and overall revenue is anticipated to rise at a rate of 5.85 % from 2024 to 2030, reaching almost USD 39.65 Bn.
𝐑𝐚𝐝𝐚𝐫 𝐒𝐞𝐜𝐮𝐫𝐢𝐭𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 : https://www.maximizemarketresearch.com/market-report/global-radar-security-market/117273/
X-Band Radar Market is expected to reach USD 7.11 Billion at a CAGR of 3.1% during the forecast period 2030.
𝐗-𝐁𝐚𝐧𝐝 𝐑𝐚𝐝𝐚𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 : https://www.maximizemarketresearch.com/market-report/global-x-band-radar-market/85255/
𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐌𝐚𝐱𝐢𝐦𝐢𝐳𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡:
3rd Floor, Navale IT Park, Phase 2
Pune Banglore Highway, Narhe,
Pune, Maharashtra 411041, India
sales@maximizemarketresearch.com
+91 96071 95908, +91 9607365656
𝐀𝐛𝐨𝐮𝐭 𝐌𝐚𝐱𝐢𝐦𝐢𝐳𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
This release was published on openPR.
Permanent link to this press release:
                     Copy
                  
                 Please set a link in the press area of your homepage to this press release on openPR.  openPR disclaims liability for any content contained in this release. 
    You can edit or delete your press release Global Radar Market Expected to Reach USD 18.31 Billion by 2030 Say's Maximize Market Research Report 2024 to 2030 here
News-ID: 3615880 • Views: …
More Releases from MAXIMIZE MARKET RESEARCH PVT. LTD.
 
                                            
                                                    Clinical Trials Market Set to Reach USD 88.26 Billion by 2032 with a 6.13% CAGR  …                                                
                                            
                                        
                                            According to a new report by Maximize Market Research, the global Clinical Trials Market was valued at USD 54.83 billion in 2024 and is projected to reach USD 88.26 billion by 2032, growing at a CAGR of 6.13%. A major surge in biopharmaceutical R&D and oncology-focused studies is driving the global clinical trials market toward nearly USD 88.26 billion by 2032 at a 6.13% CAGR.
► Get a sample of the…  
                                        
                                     
                                            
                                                    Turbo Trainer Market to Reach USD 421.03 Million by 2032, Growing at a CAGR of 5 …                                                
                                            
                                        
                                            Turbo Trainer Market size was valued at USD 281.52 Mn. in 2024 and the total Turbo Trainer revenue is expected to grow at 5.16% through 2025 to 2032, reaching nearly USD 421.03 Mn.
Turbo Trainer Market Overview:
The Turbo Trainer Market is witnessing significant growth as fitness enthusiasts increasingly adopt indoor cycling equipment for year-round training. Turbo trainers, which allow users to convert regular bicycles into stationary exercise machines, have become essential…  
                                        
                                     
                                            
                                                    Sodium Acetate Market to Reach USD 354.24 Million by 2032, Growing at a CAGR of  …                                                
                                            
                                        
                                            Sodium Acetate Market size was valued at USD 206.17 Million in 2024, and the total revenue is expected to grow at CAGR of 7 % from 2025 to 2032, reaching nearly USD 354.24 Million.
Sodium Acetate Market Overview:
The Sodium Acetate Market is experiencing steady growth due to its widespread applications across industries such as food and beverage, pharmaceuticals, textiles, and chemical manufacturing. Sodium acetate, a versatile salt of acetic acid, is…  
                                        
                                     
                                            
                                                    India Tire Market to Reach USD 27.6 Billion by 2033 at 7.6 % CAGR - "India Tire  …                                                
                                            
                                        
                                            According to a new report by Maximize Market Research, the India tire market was valued at approximately USD 13.4 billion in 2024 and is expected to climb to USD 27.6 billion by 2033, representing a compound annual growth rate (CAGR) of about 7.6 %. The growth is underpinned by increasing automotive production, growing replacement demand, and rising adoption of radial tyres.
► Get a sample of the report:https://www.maximizemarketresearch.com/request-sample/21022/
♦ Key Highlights
Market size…  
                                        
                                    More Releases for Radar
                                                    Global Radar Speed Gun Market 2025-2032 Trends: Unveiling Growth Opportunities a …                                                
                                            
                                        
                                            Global Radar Speed Gun Market Trends by Safety Enforcement
Market Overview
Radar speed guns are precision instruments designed to measure the velocity of moving vehicles and objects using Doppler radar technology. Often deployed by law enforcement agencies, traffic management authorities, and event organizers, these handheld and vehicle-mounted devices provide real-time speed readings to ensure compliance with speed regulations, enhance road safety, and support evidence-based traffic violation enforcement. Advantages of radar speed guns…  
                                        
                                    
                                                    Radar Shield Pro Reviews: Truth About Radar Shield Pro Revealed By Trusted Exper …                                                
                                            
                                        
                                            Introducing Radar Shield Pro - Your Ultimate Defense Against Speed Traps. 
Are you tired of being blindsided by speed traps and unfair fines? Do you want to take control of your driving experience and avoid unnecessary costs? Look no further than Radar Shield Pro, the next-generation radar detector designed to keep you informed and protected on the road.
Truly, We've all been there - driving safely, following the rules, and then…  
                                        
                                    
                                                    Radar System Market Report 2024 - Radar System Market Share, Growth, And Forecas …                                                
                                            
                                        
                                            "The Business Research Company recently released a comprehensive report on the Global Radar System Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.
Ready to Dive into Something Exciting? Get Your Free Exclusive Sample…  
                                        
                                    
                                                    Avalanche Radar Market 2022 | Growing Demand for Short Range Radar Systems                                                
                                            
                                        
                                            According to Precision Business Insights (PBI), the latest report, the avalanche radar market is expected have a significant CAGR of 45.6% over 2022-2028. The primary drivers of the expansion of the global avalanche radar market include increasing demand for the avalanche radar system in the military and defense industry, government initiatives, and technological advancement in this sector.
View the detailed report description here - https://precisionbusinessinsights.com/market-reports/avalanche-radar-market/
   
Aluminum Segment to Dominate…  
                                        
                                    
                                                    Missile Seekers Market Growth, Size, Key Players, Launch Mode, Active Radar, Sem …                                                
                                            
                                        
                                            The global missile seekers market size is projected to grow from USD 5.3 billion in 2021 to USD 6.8 billion by 2026, at a CAGR of 5.2% from 2021 to 2026. The market is driven by various factors, such as geopolitical instabilities, changing nature of warfare, increasing defense expenditure of emerging economies and technological advancements in missile seekers.
BAE Systems (UK), Boeing (US), Leonardo S.p.A. (Italy), Raytheon Technologies (US), Safran Group…  
                                        
                                    
                                                    Radar Gun Market 2019-2025 - Recent Trends and Growth Opportunities By Major pla …                                                
                                            
                                        
                                            Global Radar Gun Market Insights, production, value, price, Future and Forecast up to 2025. The Market Revenue of Global Radar Gun Market is expected to expand at a lucrative CAGR over the forecast period. Global Radar Gun Market segmentation, industry reports, market trends, and market outlook are now available from Up Market Research (UMR).
Request for PDF Sample of this Research Report @ https://www.upmarketresearch.com/home/requested_sample/109972 
The key players covered in this study…  
                                        
                                    