Air Defense Radar Market Share, Analysis, and Growth by 2031
Air Defense Radar Market: Strategic Insights
Air Defense Radar Market
-
CAGR (2022-2030)4.7% -
Market Size 2022
US$ 6,490.41 Million -
Market Size 2030
US$ 9,368.34 Million
Market Dynamics
GROWTH DRIVERS
- Rise in Number of Contracts for Supply of Air Defense Radar
- Continuous Rise in Defense Spending
- Emergence of Network-Centric and Modern Warfare
FUTURE TRENDS
- Development of Miniaturized and Low-Cost Radars
OPPORTUNITIES
- Rising Adoption of Unmanned Aerial Vehicles
- Rise in Cross-Border Conflicts
Key Players
- BAE Systems Plc
- General Dynamics Corp
- Honeywell International Inc
- Israel Aerospace Industries Ltd
- Leonardo SpA
- Lockheed Martin Corporation
- Northrop Grumman Corporation
- Raytheon Technologies Corp
- SAAB AB
- Thales SA
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Range
- Long Range
- Medium Range
- Short Range
Product Type
- Synthetic Aperture and Moving Target Indicator Radar
- Surveillance Radar
- Airborne Early Warning Radar
- Multi-functional Radar
- Weather Radar
System Type
- Fixed
- Portable
Platform
- Ground-based
- Aircraft-mounted
- Naval-based