Military Radars Market worth $17.4 billion by 2025 - Exclusive Report by MarketsandMarkets™

Based on the application, the air & missile defense segment is expected to lead the military radars market share during the forecast period.

Ongoing modernization programs in airspace monitoring in Asia Pacific region, activities such as sea-based military operations, drug trafficking, illegal migrations, demand for early warning threat detection systems, continuous demand for mine detection systems and equipment by US military to tackle conflicts in the Middle East and Asia Pacific will drive the market for air & missile defense radars, globally.

Under Platform segment, Naval subsegment is estimated to be the largest and fastest-growing market

The naval platform is estimated to be the largest and fastest-growing segment in the military radars market. The growth of this segment can be attributed to Increased efficiency and higher accuracy of ship-based naval radar systems drive this segment. The demand for effective weapon guidance systems for naval ships is boosting the growth of ship-based naval radars. Increasing investments by the Asian countries for the development of ship-based radar systems is further propelling the industry growth. More than half of the global shipbuilding activities are conducted in countries such as China, Japan, and South Korea will drive the market for naval radars.

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Based on the product type, the surveillance and early airborne warning radar segment is expected to lead the military radars market share during the forecast period.

The surveillance and early airborne warning radar segment is estimated to have the largest market share by value. Ongoing military modernization, replacement of obsolete radars, and introduction of digital signal processing and solid-state modules are additional factors expected to drive the surveillance and early airborne warning radars market during the forecast period. The demand for technologically advanced early airborne warning radar systems is increasing as various major manufacturers from developed countries are developing carefully-shaped fighters which leads to a significant reduction in its detection range.

Raytheon Technologies Corporation (US), Lockheed Martin Corporation (US), Israel Aerospace Industries (Israel), Thales Group (France), and Leonardo S.P.A. (Italy) are some of the leading players operating in the military radars market.

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Surveillance Radars Market by Application (Commercial, National Security, Defense & Space), Platform (Land, Airborne, Naval, Space), Frequency Band (HF, UHF & VHF; L; S; C; X; Ku; Ka; Multi-bands), Dimension, Component, Region - Global Forecast to 2025

Military Antenna Market by Application (Communication, SATCOM, Surveillance, Electronic Warfare, Navigation, Telemetry), Type (Dipole, Monopole, Array, Loop, Aperture, Travelling Wave), Platform, Frequency Band, and Region - Global Forecast to 2022

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