Radar systems are crucial in the detection of bombs and landmines that are not visible to the naked eye. One of the key products witnessing high demand in the global military radar marketplace is lightweight radars. High demand for these radars can be attributable to immense potential for their use in the domestic defense sector. Additionally, the global military radar market is currently being driven by increase in spending by countries to strengthen their border and domestic defense forces. Several incidences of civil unrest and terrorism worldwide are prompting several countries to amplify their defensive arrays, of which military radars form an irreplaceable component. However, wind turbines being installed in growing numbers across the world pose a key hindrance to military radars, as the movement of turbine blades can degrade radar reception significantly.
The global military radar market is expected to reach value of ~US$ 10 Bn by the end of 2027, expanding at a CAGR of above 3% from 2019 to 2027, in terms of revenue.
Geographically, the global military radar market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. In 2018, North America held a leading share of the global military radar market. The region also witnesses significant defense-related sanctions, which boosts the demand for radar systems for use in national defense forces in the region. The U.S. has one of the most powerful military forces in the world and it is a key contributor to the global military radar market. Additionally, the U.S. is home to a large number of players operating in the global military radar market including Lockheed Martin, The Boeing Company, and Northrop Grumman Corporation. Both the U.S. and Canada have invested significantly in the radar technology and they are likely to continue to do so in the next few years. Furthermore, the U.S. Army is also investing significantly in enhancing radar-related capabilities. For instance, in 2019, the U.S. Army offered a contract to Lockheed Martin to build technologically advanced military radar systems with multiple features. This would help the U.S. Army in addressing the threat of aircraft or drones.
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North America was followed by Asia Pacific, in terms of value, in the global military radar market, in 2017. Growth of the market in Asia Pacific is attributable to rising defense activities by countries such as China, India, South Korea, and Japan. Asia Pacific nations are currently facing serious issues of infiltration, which is the key reason for high defense budget allocations by countries in the region. The global military radar market is, thus consistently driven by substantial purchases of military radar systems made by developing nations.
In terms of type, the global military radar market has been divided into ground-based, naval, airborne, and space-based. Of these, the global market was led by the airborne segment in 2018. Demand for airborne military radars is expected to continue to rise during the forecast period, owing to increasing risks of air strikes and airborne terrorist infiltrations. Airborne military radars are likely to continue to witness a high rate of research and development activities in the near future.
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Key players operating in the global military radar market include
Technological Advancements to Propel Growth of Military Radar Market between 2019 and 2027
Radars are used in a plethora of defense applications such as aircraft, missiles, ships, and spacecraft. The growing concerns about strengthening defense capabilities may bring tremendous growth opportunities for the military radar market. The escalating need for enhancing border safety is prognosticated to fuel the demand for surveillance equipment and systems. Thus, these factors may boost the growth of the military radar market during the assessment period of 2019-2027.
Chapter 1. Preface
1.1. Research Scope
1.2. Market Segmentation
1.3. Research Objectives
1.4. Key Questions Answered
Chapter 2. Assumptions and Research Methodology
2.1. Report Assumptions
2.2. Acronyms Used
2.3. Research Methodology
Chapter 3. Executive Summary
3.1. Global Military Radar Market Snapshot
3.2. Market Opportunity Map
Chapter 4. Market Dynamics
4.1. Overview
4.2. Key Trend Analysis
4.3. Drivers and Restraints Snapshot Analysis
4.3.1. Drivers
4.3.2. Restraints
4.4. Opportunity Analysis
4.5. Company Market Share Analysis
4.6. Competitive Strategies Adopted by Major Players
4.7. Market Attractiveness Analysis
4.8. Porter’s Five Forces Analysis
Chapter 5. Global Military Radar Market Analysis, by Type
5.1. Introduction
5.2. Global Military Radar Market Value Share Analysis, by Type
5.3. Global Military Radar Market Revenue Forecast, by Type
5.4. Ground-based
5.5. Naval
5.6. Airborne
5.7. Space-based
Chapter 6. Global Military Radar Market Analysis, by Region
6.1. Geographical Scenario
6.2. Global Military Radar Market Value Share Analysis, by Region
6.3. Global Military Radar Market Revenue Forecast, by Region
Chapter 7. North America Military Radar Market Analysis
7.1. North America Military Radar Market Value Share Analysis, by Type
7.2. North America Military Radar Market Revenue Forecast, by Type
7.3. North America Military Radar Market Value Share Analysis, by Country
7.4. North America Military Radar Market Revenue Forecast, by Country
7.5. U.S. Military Radar Market Analysis
7.6. Canada Military Radar Market Analysis
7.7. Rest of North America Military Radar Market Analysis
Chapter 8. Europe Military Radar Market Analysis
8.1. Europe Military Radar Market Value Share Analysis, by Type
8.2. Europe Military Radar Market Revenue Forecast, by Type
8.3. Europe Military Radar Market Value Share Analysis, by Country/Sub-region
8.4. Europe Military Radar Market Revenue Forecast, by Country/Sub-region
8.5. U.K. Military Radar Market Analysis
8.6. Germany Military Radar Market Analysis
8.7. France Military Radar Market Analysis
8.8. Italy Military Radar Market Analysis
8.9. Russia Military Radar Market Analysis
8.10. Rest of Europe Military Radar Market Analysis
Chapter 9. Asia Pacific Military Radar Market Analysis
9.1. Asia Pacific Military Radar Market Value Share Analysis, by Type
9.2. Asia Pacific Military Radar Market Revenue Forecast, by Type
9.3. Asia Pacific Military Radar Market Value Share Analysis, by Country/Sub-region
9.4. Asia Pacific Military Radar Market Revenue Forecast, by Country/Sub-region
9.5. China Military Radar Market Analysis
9.6. Japan Military Radar Market Analysis
9.7. India Military Radar Market Analysis
9.8. Australia Military Radar Market Analysis
9.9. South Korea Military Radar Market Analysis
9.10. Rest of Asia Pacific Military Radar Market Analysis
Chapter 10. Middle East & Africa Military Radar Market Analysis
10.1. Middle East & Africa Military Radar Market Value Share Analysis, by Type
10.2. Middle East & Africa Military Radar Market Revenue Forecast, by Type
10.3. Middle East & Africa Military Radar Market Value Share Analysis, by Country/Sub-region
10.4. Middle East & Africa Military Radar Market Revenue Forecast, by Country/Sub-region
10.5. Israel Military Radar Market Analysis
10.6. South Africa Military Radar Market Analysis
10.7. Rest of Middle East & Africa Military Radar Market Analysis
Chapter 11. South America Military Radar Market Analysis
11.1. South America Military Radar Market Value Share Analysis, by Type
11.2. South America Military Radar Market Revenue Forecast, by Type
11.3. South America Military Radar Market Value Share Analysis, by Country/Sub-region
11.4. South America Military Radar Market Revenue Forecast, by Country/Sub-region
11.5. Brazil Military Radar Market Analysis
11.6. Rest of South America Military Radar Market Analysis
Chapter 12. Company Profiles
12.1. Lockheed Martin Corporation
12.1.1. Company Details (HQ, Foundation Year, Employee Strength)
12.1.2. Market Presence, by Segment and Geography
12.1.3. Strategy and SWOT Analysis
12.1.4. Revenue and Y-o-Y Growth
12.2. Boeing
12.2.1. Company Details (HQ, Foundation Year, Employee Strength)
12.2.2. Market Presence, by Segment and Geography
12.2.3. Strategy and SWOT Analysis
12.2.4. Revenue and Y-o-Y Growth
12.3. Raytheon
12.3.1. Company Details (HQ, Foundation Year, Employee Strength)
12.3.2. Market Presence, by Segment and Geography
12.3.3. Strategy and SWOT Analysis
12.3.4. Revenue and Y-o-Y Growth
12.4. BAE System
12.4.1. Company Details (HQ, Foundation Year, Employee Strength)
12.4.2. Market Presence, by Segment and Geography
12.4.3. Strategy and SWOT Analysis
12.4.4. Revenue and Y-o-Y Growth
12.5. Northrop Grumman Corporation
12.5.1. Company Details (HQ, Foundation Year, Employee Strength)
12.5.2. Market Presence, by Segment and Geography
12.5.3. Strategy and SWOT Analysis
12.5.4. Revenue and Y-o-Y Growth
12.6. Harris Corporation
12.6.1. Company Details (HQ, Foundation Year, Employee Strength)
12.6.2. Market Presence, by Segment and Geography
12.6.3. Strategy and SWOT Analysis
12.6.4. Revenue and Y-o-Y Growth
12.7. Saab Sensis Corporation
12.7.1. Company Details (HQ, Foundation Year, Employee Strength)
12.7.2. Market Presence, by Segment and Geography
12.7.3. Strategy and SWOT Analysis
12.7.4. Revenue and Y-o-Y Growth
12.8. Terma
12.8.1. Company Details (HQ, Foundation Year, Employee Strength)
12.8.2. Market Presence, by Segment and Geography
12.8.3. Strategy and SWOT Analysis
12.8.4. Revenue and Y-o-Y Growth
12.9. ASELSAN Inc.
12.9.1. Company Details (HQ, Foundation Year, Employee Strength)
12.9.2. Market Presence, by Segment and Geography
12.9.3. Strategy and SWOT Analysis
12.9.4. Revenue and Y-o-Y Growth
12.10. DRS Technologies
12.10.1. Company Details (HQ, Foundation Year, Employee Strength)
12.10.2. Market Presence, by Segment and Geography
12.10.3. Strategy and SWOT Analysis
12.10.4. Revenue and Y-o-Y Growth
List of Tables
TABLE 1 Global Military Radar Market Revenue (US$ Mn) Forecast, by Type, 2019–2027
TABLE 2 Global Military Radar Market Revenue (US$ Mn) Forecast, by Region, 2019–2027
TABLE 3 North America Military Radar Market Revenue (US$ Mn) Forecast, by Type, 2019–2027
TABLE 4 North America Military Radar Market Revenue (US$ Mn) Forecast, by Country/Sub-region, 2019–2027
TABLE 5 Europe Military Radar Market Revenue (US$ Mn) Forecast, by Type, 2019–2027
TABLE 6 Europe Military Radar Market Revenue (US$ Mn) Forecast, by Country/Sub-region, 2019–2027
TABLE 7 Asia Pacific Military Radar Market Revenue (US$ Mn) Forecast, by Type, 2019–2027
TABLE 8 Asia Pacific Military Radar Market Revenue (US$ Mn) Forecast, by Country/Sub-region, 2019–2027
TABLE 9 Middle East & Africa Military Radar Market Revenue (US$ Mn) Forecast, by Type, 2019–2027
TABLE 10 Middle East & Africa Military Radar Market Revenue (US$ Mn) Forecast, by Country/Sub-region, 2019–2027
TABLE 11 South America Military Radar Market Revenue (US$ Mn) Forecast, by Type, 2019–2027
TABLE 12 South America Military Radar Market Revenue (US$ Mn) Forecast, by Country/Sub-region, 2019–2027
List of Figures
FIG. 1 Research Scope and Market Segmentation
FIG. 2 Research Methodology
FIG. 3 Market Snapshot
FIG. 4 Key Trends
FIG. 5 Revenue Share (2015)
FIG. 6 Drivers and Restraints Snapshot Analysis
FIG. 7 Opportunity Analysis
FIG. 8 Global Military Radar Market Share Analysis, by Company (2018)
FIG. 9 Global Military Radar Market Attractiveness Analysis, by Type, 2018
FIG. 10 Global Military Radar Market Value Share Analysis, by Type, 2019 and 2027
FIG. 11 Global Ground-based Radar Market Revenue (US$ Mn), 2019–2027
FIG. 12 Global Naval Radar Market Revenue (US$ Mn), 2019–2027
FIG. 13 Global Airborne Radar Market Revenue (US$ Mn), 2019–2027
FIG. 14 Global Space-based Radar Market Revenue (US$ Mn), 2019–2027
FIG. 15 Geographical Scenario
FIG. 16 Global Military Radar Market Value Share Analysis, by Region, 2019 and 2027
FIG. 17 North America Military Radar Market Value Share Analysis, by Type, 2019 and 2027
FIG. 18 North America Military Radar Market Value Share Analysis, by Country/Sub-Region, 2019 and 2027
FIG. 19 U.S. Military Radar Market Revenue (US$ Mn), 2019–2027
FIG. 20 Canada Military Radar Market Revenue (US$ Mn), 2019–2027
FIG. 21 Rest of North America Military Radar Market Revenue (US$ Mn), 2019–2027
FIG. 22 Europe Military Radar Market Value Share Analysis, by Type, 2019 and 2027
FIG. 23 Europe Military Radar Market Value Share Analysis, by Country/Sub-Region, 2019 and 2027
FIG. 24 U.K. Military Radar Market Revenue (US$ Mn), 2019–2027
FIG. 25 Germany Military Radar Market Revenue (US$ Mn), 2019–2027
FIG. 26 France Military Radar Market Revenue (US$ Mn), 2019–2027
FIG. 27 Italy Military Radar Market Revenue (US$ Mn), 2019–2027
FIG. 28 Russia Military Radar Market Revenue (US$ Mn), 2019–2027
FIG. 29 Rest of Europe Military Radar Market Revenue (US$ Mn), 2019–2027
FIG. 30 Asia Pacific Military Radar Market Value Share Analysis, by Type, 2019 and 2027
FIG. 31 Asia Pacific Military Radar Market Value Share Analysis, by Country/Sub-Region, 2019 and 2027
FIG. 32 China Military Radar Market Revenue (US$ Mn), 2019–2027
FIG. 33 Japan Military Radar Market Revenue (US$ Mn), 2019–2027
FIG. 34 India Military Radar Market Revenue (US$ Mn), 2019–2027
FIG. 35 Australia Military Radar Market Revenue (US$ Mn), 2019–2027
FIG. 36 South Korea Military Radar Market Revenue (US$ Mn), 2019–2027
FIG. 37 Rest of Asia Pacific Military Radar Market Revenue (US$ Mn), 2019–2027
FIG. 38 Middle East & Africa Military Radar Market Value Share Analysis, by Type, 2019 and 2027
FIG. 39 Middle East & Africa Military Radar Market Value Share Analysis, by Country/Sub-Region, 2019 and 2027
FIG. 40 Israel Military Radar Market Revenue (US$ Mn), 2019–2027
FIG. 41 South Africa Military Radar Market Revenue (US$ Mn), 2019–2027
FIG. 42 Rest of Middle East & Africa Military Radar Market Revenue (US$ Mn), 2019–2027
FIG. 43 South America Military Radar Market Value Share Analysis, by Type, 2019 and 2027
FIG. 44 South America Military Radar Market Value Share Analysis, by Country/Sub-Region, 2019 and 2027
FIG. 45 Brazil Military Radar Market Revenue (US$ Mn), 2019–2027
FIG. 46 Rest of South America Military Radar Market Revenue (US$ Mn), 2019–2027