2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!

What Major Innovations Are Driving the Accelerated Growth of the Military Radars Market?

The rise in defense spending by emerging economies is contributing to the growth of the military radar market. Military spending covers a broad range of areas, including weapon procurement and research. For instance, in 2022, Russian military spending rose by 9.2% to approximately $86.4 billion. This growing defense expenditure from emerging economies is driving the military radar market.

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#How Will the CAGR of the Military Radars Market Influence Its Overall Growth by 2034?

The military radars market size has grown strongly in recent years. It will rise from $58.77 billion in 2024 to $62.75 billion in 2025, at a CAGR of 6.8%. The growth in the historic period is driven by national security and defense needs, technological advancements, threat detection and tracking, and electronic warfare (EW).

The military radars market is expected to see strong growth, projected to reach $80.83 billion by 2029, with a CAGR of 6.5%. The growth is attributed to rapid technological advancements, counter-UAS and counter-hypersonic capabilities, radar integration with C4ISR systems, and rising geopolitical tensions. Trends in the forecast period include stealth and low observability detection, digital signal processing (DSP), C4ISR integration, and the development of green radar technology.

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What Key Market Trends and Innovations Are Shaping the Future of theMilitary Radars Industry?

Product innovations are playing a crucial role in shaping the military radar market. Major companies in the sector are focused on developing advanced products to offer reliable services. For instance, in November 2023, Fortem Technologies Inc., a U.S.-based provider of drone detection and neutralization solutions, launched the TrueView R40. This product utilizes AI technology to secure airspace, prevent false alarms, and filter data. The R40’s ability to identify drones at low altitudes and filter out background noise makes it a cutting-edge solution for drone identification.

What Are the Top Market Players Propelling the Growth of theMilitary Radars Industry?

Major companies operating in the military radars market include Lockheed Martin Corporation, Raytheon Technologies Corporation, Thales Group, BAE Systems plc, Israel Aerospace Industries, Leonardo, Saab AB, Aselsan A.Ş., Hensoldt AG, Airbus SE, General Dynamics Corp, Northrop Grumman, Honeywell International Inc., L3Harris Technologies Inc., Terma A/S, QinetiQ Group PLC, Reutech Radar Systems, Easat Radar Systems Limited, Indra Sistemas S.A., Bharat Electronics Limited, ZTE Corporation, Elbit Systems Ltd., Wartsila Corporation, Mitsubishi Electric Corporation, Safran Electronics & Defense, Selex ES Inc.

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Which Primary Segments of the Military Radars Market Are Driving Growth and Industry Transformations?

The military radars market covered in this report is segmented –

1) By Type: Land Radar, Naval Radar, Airborne Radar, Space-Based Radar

2) By Functionality: Surveillance And Airborne Early Warning Radar, Tracking And Fire Control Radar, Multi-Function Radar, Synthetic Aperture And Moving Target Indicator Radar, Ground Penetrating Radar

3) By Application: Weapon Guidance, Airspace Monitoring And Traffic Management, Ground Surveillance And Intruder Detection, Air And Missile Defense, Navigation, Airborne Mapping, Ground Force Protection And Counter-Battery, Mine-Detection And Underground Mapping

Subsegments:

1) By Land Radar: Ground Surveillance Radar, Border Surveillance Radar, Tactical Surveillance Radar

2) By Naval Radar: Surface Search Radar, Fire Control Radar, Navigation Radar

3) By Air Surveillance Radar: Fighter Aircraft Radar, Surveillance Aircraft Radar, Early Warning Radar, Maritime Patrol Radar

4) By Space-Based Radar: Synthetic Aperture Radar (SAR), Early Warning Radar, Surveillance Radar

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Which Regions Are Key Players in the Growth of the #What Major Innovations Are Driving the Accelerated Growth of the Military Radars Market?# Market?

North America was the largest region in the military radar market in 2023. North America is expected to be the fastest-growing region in the military radars market during the forecast period. The regions covered in the military radars market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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