Radar Market Outlook: Modernization, Innovation & Regional Insights | Major Companies - ASELSAN A.S, Saab AB, Rockwell Collins, Northrop Grumman Corporation

Global Radar Market reached US$ 24,012.56 million in 2022 and is projected to witness lucrative growth by reaching up to US$ 41,026.41 million by 2031. The market is growing at a CAGR of 5.8% during the forecast period (2024-2031).

The Radar Market Market Market, as examined by DataM Intelligence, provides a thorough industry overview enriched with detailed insights, historical data, and essential statistics. The report extensively explores market dynamics and competitive landscapes, featuring profiles of leading companies, their product offerings, pricing strategies, financials, growth plans, and geographic footprint.

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Radar is a detection system that uses radio waves to identify the range, speed, and direction of objects such as aircraft, ships, vehicles, and weather formations. It is widely used in defense, aviation, navigation, and meteorology for surveillance, safety, and tracking applications.

Prominent Industry players in the Radar Market

The prominent players in Radar Market market research report are: ASELSAN A.S, Saab AB, Rockwell Collins, Northrop Grumman Corporation, Thales Group, Raytheon Technologies Corporation, Hensoldt AG, L3Harris Technologies Inc, Lockheed Martin Corporation and SRC, Inc.

The companies are primarily focusing on strategies such as new product launches to penetrate the fastest-growing emerging markets across the world.

Industry News

USA

The U.S. automotive radar segment is expanding rapidly, with integration of radar for ADAS, autonomous vehicles, collision avoidance, and safety mandates. Recent months saw a wave of new 60GHz edge-AI millimeter-wave radar sensors for in-cabin safety, occupant detection, and fleet management.

Radar adoption is also advancing in defense (border/maritime surveillance, drone detection) and industrial sectors (aviation, infrastructure, weather monitoring) with higher resolution, multi-mission radar platforms, and increased automation.

National security, regulatory mandates for automotive/radar safety features, and investment in digital infrastructure are accelerating demand and innovation across air, land, and maritime radar platforms.

Japan

Japan's radar market is growing robustly, with the automotive radar segment moving toward a nearly $1 billion annual market by the decade's end. Recent growth is driven by government safety regulations, electric vehicle expansion, and demand for collision avoidance and advanced driver assistance features.

In defense, Japan is ramping up investment in early warning/airborne radars, Active Electronically Scanned Array (AESA) radar systems, and modern 3D radar for surveillance, maritime security, and missile defense.

Adoption of high-resolution, AI-enhanced radar for space, civil aviation, maritime, and weather monitoring is increasing, supported by local R&D and international collaborations.

Smart infrastructure, premium vehicles, and emphasis on regional/national security reinforce the importance of radar investment and modernization in Japan's technology strategy.

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Market Segments

➥ By Range: Short, Medium, Long

➥ By Platform: Land, Naval, Airborne, Space

➥ By Application: Military, Air Traffic Control, Remote Sensing, Ground Traffic Control, Others

The Radar Market industry is undergoing swift expansion, fueled by breakthroughs in medical technology, growing demand for cutting-edge therapies, and an increasing emphasis on patient-centric care. As the sector advances, in-depth market analysis is essential to track evolving trends, regulatory developments, and new opportunities.

Regions Covered:

The global Radar Market Market Market report focuses on six major regions: North America, South America, Europe, Asia Pacific, the Middle East, and Africa.

☞ North America - US, Canada, Mexico

☞ Europe- Germany, Russia, UK, France, Italy, Rest of Europe

☞ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific

☞ South America- Brazil, Argentina, Colombia, Rest of South America

☞ Middle East and Africa- Saudi Arabia, UAE, Oman, Bahrain, Qatar, Kuwait, Israel

FAQs:

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