GSR Systems Market Size

  • Report ID: 4004
  • Published Date: Dec 20, 2024
  • Report Format: PDF, PPT

GSR Systems Market Size

Ground Surveillance Radar (GSR) Systems Market size was valued at USD 38.42 billion in 2024 and is set to exceed USD 103.24 billion by 2037, registering over 7.9% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of ground surveillance radar systems is evaluated at USD 43.43 billion.

The growth of the market can be attributed to the increasing aerospace sector. For instance, radar technology developments are making it possible to create more sophisticated and advanced ground surveillance radar systems. These systems are more appealing to clients since they're able to offer more precision and improved target identification skills. The domestic aviation market in India is anticipated to reach over USD 25 billion by 2024, making it the third largest worldwide.

In addition to these, factors that are believed to fuel the market growth of ground surveillance radar (GSR) systems include the rise in technological advancements in the field of radar systems. For instance, radar technology developments are making it possible to create more sophisticated and advanced ground surveillance radar systems. These systems are more appealing to clients since they're able to offer more precision and improved target identification skills. Additionally, the growing demand for environmental monitoring is predicted to present the potential for market expansion over the projected period


Get more information on this report: Request Free Sample PDF

Browse Key Market Insights with Data Illustration:


Author Credits:  Dhruv Bhatia


  • Report ID: 4004
  • Published Date: Dec 20, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of ground surveillance radar systems is evaluated at USD 43.43 billion.

The ground surveillance radar systems market size was valued at USD 38.42 billion in 2024 and is set to exceed USD 103.24 billion by 2037, registering over 7.9% CAGR during the forecast period i.e., between 2025-2037. Rising demand for border protection and the growing terrorism will boost the market growth.

North America industry is expected to dominate majority revenue share of 35% by 2037, impelled by increasing investments in air missile systems and ballistic missiles.

The major players in the market are Saab AB, Company OverviewThales SA, Lockheed Martin Corporation, Raytheon Company, FLIR Systems Inc., Israel Aerospace Industries Ltd., Kongsberg Gruppen, DeTect Inc., SRC Inc., Elbit Systems Ltd.
Inquiry Before Buying Request Free Sample
logo
  GET A FREE SAMPLE

FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.

 Request Free Sample Copy

Have questions before ordering this report?

Inquiry Before Buying
Inquiry Before Buying Request Free Sample