Surveillance Radars Market Size

Surveillance Radar Market size was over USD 37.3 billion in 2024 and is estimated to reach USD 66.9 billion by the end of 2037, expanding at a CAGR of 5% during the forecast timeline, i.e., 2025-2037. In 2025, the industry size of the surveillance radar is estimated at USD 39.1 billion.

The growth is driven by rising geopolitical tension, a growing defense budget, and increasing security concerns. Furthermore, the growing need for counter-drone, disaster management solutions, and space-based surveillance contributes to the market expansion significantly.

Moreover, the market is witnessing a significant number of developmental activities. For instance, in March 2023, DeTect, Inc. developed its largest and longest-range radar the HARRIER BAR300, with an extended range for aircraft detection of 30+ nautical miles. In November 2024, Sirius Insight announced a partnership with Cambridge Pixel to develop an AI-powered maritime surveillance and situational awareness solution, by integrating Cambridge Pixel’s radar tracking software. Furthermore, rising investments in smart city infrastructure, the growing focus on cybersecurity to protect critical assets, and the modernization of defense systems are the prominent factors driving the market growth further.