Surveillance Radars Market - Top Companies and Manufacturers

  • Report ID: 6731
  • Published Date: Nov 22, 2024
  • Report Format: PDF, PPT

Companies Dominating the Surveillance Radar Landscape

    Developing advanced radar systems with enhanced detection capabilities, leveraging AI and ML for improved accuracy, and focusing on miniaturization to cater to diverse applications are some of the key strategies adopted by the prominent players in the surveillance radar market. In April 2024, Mitsubishi Electric Corporation delivered a mobile air-surveillance radar system to the Philippine Air Force, ordered by the Department of National Defense of the Republic of the Philippines in August 2020. The system is the second air surveillance radar system and the first mobile unit manufactured and distributed by the Japan-based company to a foreign government.

    Here is a list of the key market players:

    • BAE Systems
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Dassault Aviation
    • General Dynamics Corporation
    • Honeywell International Inc.
    • Lockheed Martin Corporation
    • L3 TECHNOLOGIES INC.
    • Northrop Grumman Corporation
    • Rockwell Collins Inc.
    • Saab AB

Browse Key Market Insights with Data Illustration:

In the News

  • In July 2024, Mitsubishi Electric partnered with Raytheon to commence the manufacture of critical radar components, marking the company's entry into the U.S. Navy's defense equipment supply chain.
  • In September 2022, ICEYE partnered with BAE Systems to offer advanced Synthetic Aperture Radar (SAR) technology as part of BAE Systems’ new multi-sensor satellite cluster, Azalea.
  • In September 2021, HENSOLDT launched a newly developed Quadome radar system, equipped with the latest technology. The system is intended for naval surveillance and target acquisition, and offers quick response and better precision, at an excellent price-performance ratio.

Author Credits:  Dhruv Bhatia


  • Report ID: 6731
  • Published Date: Nov 22, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of the surveillance radar market was over USD 37.3 billion.

The market size for the surveillance radar market is projected to reach USD 66.9 billion by the end of 2037 expanding at a CAGR of 5% during the forecast period i.e., between 2025-2037.

The major players in the market are Dassault Aviation, General Dynamics Corporation, Honeywell International Inc., Lockheed Martin Corporation, and others.

In terms of component segment, the hardware segment is anticipated to garner the largest market share by 2037 and display lucrative growth opportunities during 2025-2037.

The market in North America is projected to hold the largest market share of 41.8% by the end of 2037 and provide more business opportunities in the future.
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