Global Military Radar Market 2021 (Includes Business Impact of COVID-19)

                                          
Report updated on 11th September, 2021: Global Military Radar Market 2021 (Includes Business Impact of COVID-19)
Global Military Radar Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2030 is a recent report generated by Trusted Business Insights. The global military radar market report has been segmented as per product type, end-user, and region.
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The global Military Radar market size was valued at USD $14.84 billion in 2020 and is projected to reach $25.44 billion by 2030, and is anticipated to expand at a CAGR of 5.43% over the forecast period from 2020 to 2030.


Global Military Radar Market: Overview


Military radar is a device that is used in the detection of the bombs and landmines. It is used for exact detection of target and early detection of missiles. Basic parts of military radar contain transmitter, radar antenna, receiver, duplexer, and indicator. The main function of radar is surveillance on the borders even in critical conditions. It is used for surveillance on a border to prevent the unauthorised entries.


Global Military Radar Market: Dynamics


The key factor driving growth of military radar are increasing threat from other countries have enabled high surveillance across the border to prevent unauthorised activities on borders and to keep information confidential. Every country is building a strong defence system, this is another factor expected augment growth of the global military radar market across the globe. Increasing investments by government bodies in various countries for making high tech weapons used for weapon guidance system and advanced security, is another factor expected to boost the global market growth. Rising demand for military radars for weapon guidance systems is a factor expected to boost demand for military radar.

Furthermore, governments plan in order to develop an advanced security systems coupled with high investments by government to deter threats from other countries is another factor projected to drive growth of the global military radar market. In addition, presence of skilled persons and professionals in research and development sectors in order to enhance the surveillance and existing military radar system are other factors expected to drive growth of the global military radar market.

However, very high cost of this military radar system is a major factor expected to hamper growth of the target market. Moreover, military radar system requires regular maintenance and lack of highly skilled persons in end use sector are other factors expected to hamper the target market growth.


Global Military Radar Market: Segment Analysis


Among the platform type segments, the air borne segment is expected to accounts or largest revenue share in the global military radar market, and is expected to maintain its dominance over the forecast period. High risk of airstrike in various countries and increasing invade of terrorist substantially increases demand for airborne military radars. High demand for air borne radar to enhance the security in turns expected to augment demand of this air born military radar system across various countries.


Global Military Radar Market: Region Analysis


North America market is projected to account for highest revenue share in the global market. The key factor expected to drive growth of the market in North America is increasing focusing on development of advanced technology in the field of military radar. Rising demand for improving the border safety in countries in Asia Pacific is a major factor expected to drive the market growth in this region.


Below are the active patents related to Military Radar Market.


Patent Number: US8723723B2

Dual mode ground penetrating radar (GPR)

Abstract

A dual mode ground penetrating radar includes an enclosure which houses radar electronics. The dual mode ground penetrating radar includes a enclosure housing radar electronics. The dual mode ground penetrating radar further includes a first antenna feed having ferrite loading and extending outside of the enclosure. The dual mode ground penetrating radar further includes a second antenna feed spaced apart from the first antenna feed, the second antenna feed having ferrite loading and extending outside of the enclosure. An RF signal is provided in at least one of the first and second antenna feeds by the radar electronics.

Application filed Date: 2013-02-08

Application granted: 2014-05-13

Current Assignee: King Abdulaziz City for Science and Technology KACST

Patent Number: US7049998B1

Integrated radar, optical surveillance, and sighting system

Abstract

The present invention can be generally described as a protection system. This protection system is formed by the integration of commonly available subsystems, which may be controlled by non-proprietary, open architecture software, which, in turn, may accommodate the commonly known “plug and play” capability. This allows the present invention to easily incorporate a variety of lethal (or less-than-lethal) weapon payloads as well as a variety of sensors and detectors; thereby providing the user with the first real, integrated system (of systems) solution capable of providing an enhanced situational awareness capability.

Application filed Date: 2005-03-30

Application granted Date: 2006-05-23

Current Assignee: NAVY US GOVT AS REPRESENTED BY Department OF United States, AS US Department of Navy

Global Military Radar Market Segmentation:

Segmentation by platform type:

  
Ground Based
  
Naval Based
  
Air Borne
  
Space Based

Segmentation by end-user:

  
Weapon Guidance System
  
Surveillance


Key Market Players included in the report:


  
Airbus SAS (the Netherlands)
  
BAE Systems (The U.K.)
  
General Dynamics (The U.S.)
  
Honeywell International (The U.S.)
  
IAI Group
  
Israel Aerospace Industries (Israel)
  
Leonardo S.p.A.(Italy)
  
Lockheed Martin Corporation (The U.S.)
  
Northrop Grumman Corporation (The U.S.)
  
Raytheon Technologies Corporation (US)
  
Saab AB (Sweden)
  
Thales Group (France) and Leonardo S.P.A. (Italy)


Below are the key development related to Military Radar Market in 2020 and 2021.