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Radar Market Size And Revenue Outlook Through 2030
The radar market has experienced robust expansion in recent times. Its value is projected to rise from $40.5 billion in 2025 to $42.88 billion in 2026, demonstrating a compound annual growth rate (CAGR) of 5.9%. Historically, this expansion was driven by its deployment in military and defense applications, the expansion of airborne and naval radar systems, its adoption in air traffic control, the growth in space-based radar applications, and its integration with weather monitoring systems.
The radar market is projected to experience robust expansion in the coming years, with its size expected to reach $55.17 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 6.5%. This growth over the forecast period is fueled by several factors, including ongoing advancements in phased array and multifunction radar technologies, increased deployment in autonomous vehicles and drones, a rise in maritime surveillance applications, the integration with artificial intelligence for improved target recognition, and its expanding use in commercial aerospace and satellite tracking. Concurrently, significant trends anticipated during this period include the integration of multi-domain radar networks, the development of advanced stealth detection and countermeasure radars, the miniaturization of radar systems for UAV platforms, an increase in naval and airborne radar modernization initiatives, and enhanced atmospheric sensing and mapping capabilities.
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Radar Market Growth Backed By Core Demand Fundamentals
A global rise in seaborne trade stimulates the expansion of the radar market. This maritime business continues to flourish, delivering benefits to consumers and companies worldwide through decreased freight expenses. Goods are transported through seaborne trade in containers and tankers via ocean routes, which allows for the shipping of large volumes of products at low costs. Due to these dynamic and more affordable transport solutions, there is an increased utilization of the sea for trading goods and services, leading to a higher demand for radar, which assists in navigation, landmass identification, and the detection of boats, birds, and weather systems. For instance, in October 2024, according to the United Nations Conference on Trade and Development (UNCTD), a Switzerland-based intergovernmental organization, global maritime trade saw an increase of 2.4% in 2023, reaching 12.3 billion tons, marking a recovery from the decline experienced in 2022. Therefore, the growth in seaborne trade will drive the radar market.
Radar Market Segment Analysis And Revenue Potential
The radar market covered in this report is segmented –
1) By Type: Detection And Search, Targeting Radars, Weather Sensing Radars, Navigational Radars, Mapping Radars, Other Types
2) By Component: Antenna, Transmitter, Receiver, Other Components
3) By Range: Long, Medium, Short
4) By End Use: Military, Aviation, Weather Forecast, Ground Traffic Control, Others End Uses
Subsegments:
1) By Detection And Search: Airborne Early Warning Radars, Ground-Based Surveillance Radars, Naval Surveillance Radars
2) By Targeting Radars: Fire Control Radars, Weapon-Locating Radars, Tracking Radars
3) By Weather Sensing Radars: Doppler Radar, Precipitation Radar, Atmospheric Profiling Radar
4) By Navigational Radars: Marine Radar, Airport Surveillance Radar, Ground-Based Navigation Radars
5) By Mapping Radars: Synthetic Aperture Radar (SAR), Interferometric Radar, Ground Penetrating Radar (GPR)
6) By Other Types: Automotive Radar, Research And Experimental Radars, Spaceborne Radar Systems
Radar Market Growth Trends Reshaping The Competitive Landscape
Leading companies in the radar market are concentrating on bringing hemispheric radar into use to boost situational awareness and enhance the accuracy of target detection. Hemispheric radar technologies deliver a 360-degree field of view, thereby improving both situational awareness and detection capabilities across diverse applications, including the defense, aviation, and maritime sectors. For instance, in October 2024, Numerica Corp., a US-based defense manufacturing company, launched Spark, an advanced wideband hemispheric radar. Spark is specifically engineered to improve military capacities, focusing on uncrewed aircraft systems (UAS), short-range air defense (SHORAD), and active protection systems (APS). This software-defined radar platform offers modern defense forces a highly flexible solution to effectively tackle evolving air defense challenges.
Radar Market Key Players Shaping Industry Direction
Major companies operating in the radar market are Lockheed Martin Corporation, BAE Systems plc, Saab AB, L3Harris Technologies Inc., Northrop Grumman Corporation, Raytheon Technologies Corporation., Thales Group, Leonardo S.p.A.,Rheinmetall AG, General Dynamics Corporation, Airbus SE, Honeywell International Inc., Israel Aerospace Industries Ltd., Mitsubishi Electric Corporation, Kelvin Hughes Limited, SRC Inc., ASELSAN Elektronik Sanayi ve Ticaret A.S., Terma A/S, RADA Electronic Industries Ltd., HENSOLDT UK, ELTA Systems Ltd., Mercury Systems Inc., Reutech Radar Systems (Pty) Ltd., DeTect Inc., DRS Technologies Inc., Echodyne Corporation, Blighter Surveillance Systems, Robin Radar Systems B.V.
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Radar Market Geographic Analysis: Where Is Demand Accelerating Fastest?
North America was the largest region in the radar market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the radar market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Wasay has over a decade of experience in market research, data modelling, and analytics, with prior experience at GlobalData and Decision Tree Consulting Services. At The Business Research Company , he leads research operations across syndicated studies, customized consulting engagements, and the Global Market Model platform. His professional experience includes supporting organizations such as Boston Consulting Group, KPMG, and Ernst & Young. Wasay holds a degree in Electronics and Communications Engineering, postgraduate management qualifications from International Management Institute Belgium and Indian School of Business and Entrepreneurship, and completed the Integrated Program in Business Analytics from Indian Institute of Management Indore.
