X-Band Radar Market size was over USD 6.22 billion in 2023 and is expected to reach USD 10.62 billion by the end of 2036, growing at around 4.2% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of X-band radar is assessed at USD 6.43 billion.
The growth of the market can be attributed to the growing defense sector globally backed by growing security concerns among various nations in the world. Moreover, varied application of X-Band radars, including, weather forecast, airspace monitoring, air traffic management, naval security, and others, are estimated to significantly boost the market growth.
Author Credits: Abhishek Verma
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