Military Radar Systems Market Overview
A radar is an electronic device that uses radio waves for the determination of angle, velocity and direction of objects. It consists of a transmitter that produces electromagnetic waves in the form of radio waves or micro waves. Apart from this, a radar comprises of a transmitting antenna, a receiving antenna with a receiver and a processor to regulate properties of the object. A military radar system is used to detect vehicles, aircrafts and missiles.
The market for military radar systems is projected to grow at a CAGR of 4.30% over the forecast period, i.e., 2020-2027. The market is predicted to attain a market value of USD 19,222.13 million by the end of 2027.
Growth Highlights based on Region during 2018-2027
Military radar systems market is segmented on the basis of region into North America, Europe, Asia Pacific, Latin America and Middle East & Africa. The largest share was held by the market in North America on account of rising technological advancements in military radar systems in the region. The market in Asia Pacific is anticipated to observe the highest growth rate with a CAGR of 5.17% during the forecast period. This can be attributed to the growing demand for military radar systems, especially in rapidly emerging economies such as China and India.
The study further incorporates Y-O-Y Growth, demand & supply and forecast future opportunity in North America (United States, Canada), Latin America (Brazil, Mexico, Argentina, Rest of LATAM), Europe (U.K., Germany, France, Italy, Spain, Hungary, BENELUX [Belgium, Netherlands, Luxembourg], NORDIC [Norway, Denmark, Sweden, Finland], Poland, Russia, Rest of Europe), Asia-Pacific (China, India, Japan, South Korea, Malaysia, Indonesia, Taiwan, Hong Kong, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa).
Military Radar Systems Market Segmentation Synopsis
By Platform
Based on platform, the market is segmented into air-based, ground-based, naval-based and space-based. Among these, the largest share in the market was occupied by the ground-based platform segment in the year 2018 and the highest growth rate of 4.64% over the forecast period is anticipated to be observed by this segment as well. Radar waves of ground-based systems are usually reflected from the surface of the ground. Radar energy with lower frequencies can penetrate into the ground and be reflected from buried objects. This can be used for probing the sub-surface soil in order to detect underground tunnels and utility pipes and cables. On account of these factors, the segment for ground-based platform is predicted to grow in the next few years.
By Range
On the basis of range, the market is segmented into long, medium, short and very short range, out of which, the long range segment is estimated to attain the largest market value of USD 7,214.44 million in 2027. Long range military radars are radar systems with the ability to detect targets from very long ranges, typically hundreds to thousands of kilometers. They use very long wave lengths with special propagation properties. The numerous advantages of long range military radars is resulting in this significant growth. On the other hand, the segment for very short range is anticipated to grow at the highest rate with a CAGR of 4.87% over the forecast period. Very short range military radar is easy to integrate on existing and future host platforms as a result of their reduced size, weight and power. They are designed for detection and tracking of airborne targets, including a wide variety of low RCS and low flying targets such as fighter aircraft, ultra-lights and UAVs. The high growth of this segment can be accounted on the basis of these factors.
By Application
The application segment of military radar systems market consists of air-borne surveillance, air & missile defense, weapon guidance systems, ground surveillance & intruder detection and others. The segment for ground surveillance & intruder detection is anticipated to grow at the highest rate as well as hold the leading share in the market. This can be attributed to several advantageous properties of this segment. Radar video surveillance not only detects potential intruders but keeps a track on them as well. Another major advantage of radars used for ground surveillance is that it provides improved graphical situations for increasing awareness among operators and it reduces project risk as a result of improved user satisfaction and enhanced perimeter surveillance.
By Band
On the basis of band, the market is segmented into VHF & UHF band, L, S & C band, X-band and Ku, K & Ka band. By the end of the forecast period, i.e., 2027, the segment for X-band is anticipated to attain the largest market value of USD 6,996.10 million and grow by the highest CAGR of 4.76% during the forecast period. The wide use of X-bands for various military purposes is a major factor leading to the growth of this segment. Military satellite communications have typically focused on X-band operations. The major applications include short range tracking, missile guidance, mapping, marine radar and others.
Market Drivers and Challenges
Growth Indicators
Advanced technologies have a direct impact on the effectiveness of force, as a result of which, the defense budgets are increasing. This leads to a strong emphasis on enhancing capabilities across radar, EW, communications and other military systems. This is predicted to become a major growth driving factor for the military radar systems market. The growing GDP of developing countries and initiatives to improve the border security further leads to an increase in use of military radar systems. Additionally, the modernization of warfare has resulted in the emergence of advanced weaponry, thereby enhancing the radar capabilities of militaries as well. The increasing use of UAVs, advanced ballistic missiles and electronic warfare systems is another responsible factor for the enhancement of radar capabilities of the military. Technological advancements in military radar systems provide critical abilities to armed forces such as improved range, detection, identification and integration with other sensors along with the adaptability to new missions, platforms and environments.
Barriers
The development of data processing algorithms which can distinguish between moving targets from the background objects is the major challenge faced by the radar industry. From the point of view of an orbiting satellite, the identification of such targets from space becomes a difficult task. Moreover, the introduction of stealth technology to make an object’s appearance blend into the background poses another challenge to the military radar systems as they prevent the detection and identification of objects through changing their aircraft.
Top Featured Competitive Landscape
Some of the affluent industry leaders in the military radar systems market are Lockheed Martin Corporation, Northrop Grumman Corporation, Thales Group, Leonardo S.p.A., Saab AB, Elbit Systems Ltd., BAE Systems, L3Harris Technologies, Inc., Raytheon Company, IAI and ASELSAN. Moreover, other key and niche players are working towards bringing improved and efficient technologies for bringing better radar systems in the market along with investing in the development of better military radar systems in order to gain a competitive edge in the market.
