APAC Market Statistics
APAC surveillance radar market is growing rapidly, driven by increasing geopolitical tensions, defense modernization programs, and rising demand for advanced surveillance solutions. Increasing investments in smart city projects, and the rising need for civil infrastructure protection are major drivers of the region’s market. Furthermore, rising instances of natural disasters and climate-related challenges, in addition to civilian applications such as traffic monitoring have spurred demand for radar systems in disaster management and weather monitoring in Asia Pacific.
India market is projected to register considerable growth in the coming years. Domestic manufacturing under the Make in India program is boosting the region’s market, in addition to increasing the budget for defense, and cross-border security concerns. The military spending of India in 2023 was estimated at USD 83.6 billion, according to Statista 2024. Protection of strategic assets, including offshore installations, and air traffic management systems is driving the demand further in the country.
China market is driven by its ambitions in space exploration and satellite-based surveillance, enhancing both civilian and military capabilities. The country’s Belt and Road Initiative (BRI) has increased the demand for infrastructure security, further boosting investments in radar systems. Moreover, advancements in drone technology and the integration radar for counter drone-solutions are gaining momentum, and strategically enhancing the market growth.
North America Market Analysis
North America surveillance radar market is expected to dominate revenue share of around 41.8% by the end of 2037. The market is driven by high defense budgets, growing security concerns, and technological advancements. Growing demand for border surveillance and counter-drone solutions further fuels market growth. Statista July 2024 stated that the U.S. led the ranking of the countries with the highest military spending in 2023, with USD 916 billion dedicated to the military, over 40% of the total military spending worldwide. Such increasing investments and spending will boost the market during the forecast period significantly.
With a strong presence of leading manufacturers, the U.S. invests heavily in R&D to develop cutting-edge radar systems for military, aviation, and critical infrastructure applications. U.S. dominates the North America market owing to military and homeland security investments. The country prioritizes modernizing its defense infrastructure, adopting AI-integrated radar systems, and space-based surveillance. Strategic government initiatives and collaborations with private companies drive innovation and sustain market leadership.
Canada market focuses on maritime monitoring and Arctic sovereignty. The country invests in radar systems tailored to harsh environmental conditions and supports domestic production through government contracts. Collaborations with allied nations, particularly the U.S. enhance the country’s radar capabilities while ensuring compliance with international defense standards.
Author Credits: Dhruv Bhatia
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