The global market for Surveillance Radar was estimated at US$9.7 Billion in 2023 and is projected to reach US$15.4 Billion by 2030, growing at a CAGR of 6.8% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
Global Surveillance Radar Market - Key Trends and Drivers Summarized
Why Is Surveillance Radar Essential for Modern Security Operations?
Surveillance radar systems are essential tools for detecting, tracking, and monitoring potential threats in both military and civilian applications. These radars provide real-time information on the location, speed, and movement of objects, making them invaluable for border surveillance, air traffic control, maritime monitoring, and critical infrastructure protection. The increasing need for border security, perimeter surveillance, and airspace management is driving the demand for advanced surveillance radar systems that offer enhanced detection capabilities, long-range coverage, and high accuracy. Governments and defense agencies worldwide are investing in surveillance radars to protect national borders, detect unauthorized intrusions, and ensure public safety. The rising incidence of asymmetric warfare, terrorism, and smuggling activities is further propelling the adoption of surveillance radars in both military and homeland security applications.How Are Technological Advancements Enhancing Surveillance Radar Capabilities?
Technological advancements in radar systems, such as synthetic aperture radar (SAR), phased array radar, and multi-mode radar, are significantly enhancing the capabilities of surveillance radars. These advancements are providing greater detection accuracy, longer range, and improved target identification capabilities, making them more effective in complex and dynamic environments. The integration of AI and machine learning in radar systems is enabling real-time data processing, predictive analysis, and automated threat detection, reducing the need for manual intervention and enhancing operational efficiency. The development of compact and mobile radar solutions is also gaining traction, offering greater flexibility and adaptability for deployment in diverse terrains and scenarios. Furthermore, advancements in radar imaging and resolution technologies are improving the ability to detect and classify small and low-profile targets, such as drones and stealth aircraft, enhancing overall situational awareness.Which Market Segments Are Driving the Demand for Surveillance Radar Systems?
The surveillance radar market is segmented by type, application, end-use industry, and region. Types of radar include ground-based, airborne, maritime, and space-based radars, each designed for specific surveillance needs and environments. Ground-based radars are widely used for border security, critical infrastructure protection, and ground surveillance, while airborne radars are essential for air traffic control, reconnaissance, and search and rescue missions. End-use industries such as defense, homeland security, transportation, and critical infrastructure protection are major users of surveillance radars due to their need for comprehensive threat detection and monitoring capabilities. The rising demand for counter-drone and counter-UAS (unmanned aerial systems) radars is also contributing to the market growth, as these systems become essential for protecting sensitive sites and public spaces from drone-based threats.What Are the Key Drivers of Growth in the Surveillance Radar Market?
The growth in the surveillance radar market is driven by several factors, including advancements in radar technologies, increasing demand for border and perimeter security, and the rising need for air traffic management and critical infrastructure protection. The development of advanced radar systems with multi-mode, phased array, and synthetic aperture radar capabilities is enhancing their effectiveness in detecting and tracking diverse threats, including low-profile and stealth targets. The growing focus on counter-drone solutions and the need to detect and mitigate small, low-altitude threats are expanding the market for surveillance radars. The increasing investments in smart city development and urban security are driving the demand for compact and mobile radar systems. Additionally, the integration of AI and machine learning for real-time threat detection and analysis is further supporting market growth by enabling more accurate and timely responses to potential threats.Key Insights:
- Market Growth: Understand the significant growth trajectory of the Long Range Radar segment, which is expected to reach US$7.9 Billion by 2030 with a CAGR of a 7.9%. The Medium Range Radar segment is also set to grow at 4.4% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, which was estimated at $2.6 Billion in 2023, and China, forecasted to grow at an impressive 6.3% CAGR to reach $2.4 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Surveillance Radar Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Surveillance Radar Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Surveillance Radar Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Cobham PLC, DeTect, Inc., Effigis Geo Solutions, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 44 Featured):
- Cobham PLC
- DeTect, Inc.
- Effigis Geo Solutions
- HENSOLDT
- Honeywell International, Inc.
- Israel Aerospace Industries Ltd.
- Northrop Grumman Corporation
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
ITALY
UNITED KINGDOM
REST OF EUROPE
ASIA-PACIFIC
REST OF WORLD
Companies Mentioned
- Cobham PLC
- DeTect, Inc.
- Effigis Geo Solutions
- HENSOLDT
- Honeywell International, Inc.
- Israel Aerospace Industries Ltd.
- Northrop Grumman Corporation
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 193 |
Published | December 2024 |
Forecast Period | 2023 - 2030 |
Estimated Market Value ( USD | $ 9.7 Billion |
Forecasted Market Value ( USD | $ 15.4 Billion |
Compound Annual Growth Rate | 6.8% |
Regions Covered | Global |
No. of Companies Mentioned | 7 |