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Market Analysis and Insights: Global Radar Systems and Technology Market
Radar is an object-detection system that uses radio waves to determine the range, angle, or velocity of objects. It can be used to detect aircraft, ships, spacecraft, guided missiles, motor vehicles, weather formations, and terrain. A radar system consists of a transmitter producing electromagnetic waves in the radio or microwaves domain, a transmitting antenna, a receiving antenna (often the same antenna is used for transmitting and receiving) and a receiver and processor to determine properties of the objects. Radio waves (pulsed or continuous) from the transmitter reflect off the object and return to the receiver, giving information about the object's location and speed.
The global Radar Systems and Technology market size is projected to reach US$ 26890 million by 2028, from US$ 20180 million in 2021, at a CAGR of 3.7% during 2022-2028.
Lockheed Martin is one of the most important global key players of the radar systems and technology, holds over 10% of shares of the global radar systems and technology market, other key players include Saab Group, Raytheon, etc. North America is the largest market, occupied for over 30 percent, followed by the Asia Pacific. In terms of type, ground-based radar systems is the largest segment, with a share of over 70%, and in terms of application, the military and defense segment holds a share of about 70 percent.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Radar Systems and Technology market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Radar Systems and Technology market in terms of revenue.
Overall, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Radar Systems and Technology market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Radar Systems and Technology market.
Global Radar Systems and Technology Scope and Market Size
Radar Systems and Technology market is segmented by players, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Radar Systems and Technology market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Ground-Based Radar Systems
Airborne Radar Systems
Naval Radar Systems
Segment by Application
Military and Defense
Commercial and Civil
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
By Company
Lockheed Martin
Raytheon
Northrop Grumman
Saab Group
L3 Harris
BAE Systems
Leonardo SpA
Rheinmetall AG
Israel Aerospace Industries
Hensoldt
Aselsan
Thales
Indra Sistemas
Reutech Radar Systems
Terma
Radar is an object-detection system that uses radio waves to determine the range, angle, or velocity of objects. It can be used to detect aircraft, ships, spacecraft, guided missiles, motor vehicles, weather formations, and terrain. A radar system consists of a transmitter producing electromagnetic waves in the radio or microwaves domain, a transmitting antenna, a receiving antenna (often the same antenna is used for transmitting and receiving) and a receiver and processor to determine properties of the objects. Radio waves (pulsed or continuous) from the transmitter reflect off the object and return to the receiver, giving information about the object's location and speed.
The global Radar Systems and Technology market size is projected to reach US$ 26890 million by 2028, from US$ 20180 million in 2021, at a CAGR of 3.7% during 2022-2028.
Lockheed Martin is one of the most important global key players of the radar systems and technology, holds over 10% of shares of the global radar systems and technology market, other key players include Saab Group, Raytheon, etc. North America is the largest market, occupied for over 30 percent, followed by the Asia Pacific. In terms of type, ground-based radar systems is the largest segment, with a share of over 70%, and in terms of application, the military and defense segment holds a share of about 70 percent.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Radar Systems and Technology market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Radar Systems and Technology market in terms of revenue.
Overall, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Radar Systems and Technology market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Radar Systems and Technology market.
Global Radar Systems and Technology Scope and Market Size
Radar Systems and Technology market is segmented by players, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Radar Systems and Technology market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Ground-Based Radar Systems
Airborne Radar Systems
Naval Radar Systems
Segment by Application
Military and Defense
Commercial and Civil
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
By Company
Lockheed Martin
Raytheon
Northrop Grumman
Saab Group
L3 Harris
BAE Systems
Leonardo SpA
Rheinmetall AG
Israel Aerospace Industries
Hensoldt
Aselsan
Thales
Indra Sistemas
Reutech Radar Systems
Terma
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
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