Press release
Airborne Fire Control Radar Industry Growth Outlook: 5.7% CAGR and $3.8 Billion by 2029
Get 30% off global market reports with code ONLINE30 and keep ahead of tariffs, macro trends, and worldwide economic developments.What Is the Long-Term Growth Forecast for the Airborne Fire Control Radar Market Size 2025?
The market size of airborne fire control radar has experienced robust growth in the past few years. The market is projected to increase from $2.88 billion in 2024 to $3.04 billion in 2025, with a compound annual growth rate (CAGR) of 5.7%. The historical growth of this market is linked to factors such as military modernization efforts, evolving threats, developments dating back to the cold war era, incorporation with combat aircraft, the need for multi-functionality, worldwide conflicts, and operations to counter terrorism.
What CAGR is Forecasted for the Airborne Fire Control Radar Market Through 2029?
In the upcoming years, the size of the airborne fire control radar market is anticipated to see significant growth, expected to reach $3.8 billion by 2029, with a compound annual growth rate (CAGR) of 5.7%. This growth could be due to various factors such as technological advancements in radar electronics, integration with network-centric warfare, focus on engagements beyond visual range, demand for compact and lightweight systems, creation of passive and covert systems, and the worldwide expansion of airborne surveillance. Key trends over the forecast period consist of developments in active electronically scanned array (AESA) technology, application of gallium nitride (GAN) technology, greater emphasis on software-defined radars, and the introduction of artificial intelligence (ai).
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What Are the Critical Factors Driving Airborne Fire Control Radar Market Development?
The surge in military spending is predicted to boost the expansion of the airborne fire control radar market. Military spending is the amount of money a government allocates to equip its military with weapons, equipment, and soldiers. Airborne fire control radars, in the context of the military, are employed to locate and track targets of interest, such as threats stemming from manned and unmanned aircraft, vehicles, individuals, and rocket, artillery, and mortar systems (RAM), and provide precise localization of the targets, including their altitude and speed, whether they are aerial or ground-based. For example, as per the European Defense Agency, an intergovernmental agency from Belgium of the European Union, European military expenditure in 2022 hit a record high of €240 billion, indicating a 6% rise from the previous year and marking the eighth consecutive year of growth. Out of the 27 EU Member States, 20 increased their defense budgets, with six countries hiking expenditure by over 10%. Hence, the escalating military spending is fueling the demand for the automotive silicone market.
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How Does the Airborne Fire Control Radar Market Break Down Across Major Segments?
The airborne fire control radar market covered in this report is segmented -
1) By Frequency Band: L And S-Band, X-Band, Ku Or K Or Ka-Band
2) By Platform: Fighter Jets, Combat Helicopters, Other Platforms
3) By Application: Air To Ground, Air To Sea, Air To Air
Subsegments:
1) By L And S-Band: L-Band Radar Systems, S-Band Radar Systems
2) By X-Band: X-Band Radar Systems
3) By Ku Or K Or Ka-Band: Ku-Band Radar Systems, K-Band Radar Systems, Ka-Band Radar Systems
What Are the Major Trends Transforming the Airborne Fire Control Radar Industry?
In the airborne fire control radar market, technological innovation is an emerging trend. Many dominant companies in the market are focused on creating state-of-art products to consolidate their position in the industry. For example, in August 2022, Northrop Grumman Corporation, an American aerospace and defense tech company, showcased its AN/TPS-80 Ground/Air Task Oriented Radar (G/ATOR), a top-tier fire control radar intended for the Marine Corps. This multifunction sensor, belonging to Northrop Grumman's AN/TPS-80, successfully recognized and traced multiple cruise missile threats simultaneously. Post-deployment, the G/ATOR effectively tracked every target, conveying critical information in real-time to intercept multiple cruise missile targets approaching from different directions. During a precise imitation of an opponent's attack, the AN/TPS-80 depicted a range of performance abilities. Known as the world's most superior expeditionary radar, G/ATOR stands unsurpassed in its ability to detect multiple airborne targets at the same time with weapon-grade precision and 360-degree coverage.
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Which Players Are Driving Innovation in the Airborne Fire Control Radar Market?
Major companies operating in the airborne fire control radar market are Bharat Electronics Limited, Hensoldt AG, Israel Aerospace Industries Ltd., Leonardo S.p.A., Lockheed Martin Corporation, BAE Systems PLC, Northrop Grumman Corporation, Raytheon Technologies Corporation, Saab AB, Thales Group, General Dynamics Corporation, Airbus SE, ASELSAN A.S., Honeywell International Inc., NEC Corporation, L3Harris Technologies Inc., ELTA Systems Ltd., Curtiss-Wright Corporation, Elbit Systems Ltd., Kongsberg Gruppen
Which Regions Are Driving Global Airborne Fire Control Radar Market Expansion?
North America was the largest region in the airborne fire control radar market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the airborne fire control radar market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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