Radar Systems and Technology Market

Radar is an object-detection system that uses radio waves to determine the range, angle, or velocity of objects. It can be used to detect aircraft, ships, spacecraft, guided missiles, motor vehicles, weather formations, and terrain. A radar system consists of a transmitter producing electromagnetic waves in the radio or microwaves domain, a transmitting antenna, a receiving antenna (often the same antenna is used for transmitting and receiving) and a receiver and processor to determine properties of the objects. Radio waves (pulsed or continuous) from the transmitter reflect off the object and return to the receiver, giving information about the object's location and speed.
Radar Systems and Technology Market contains market size and forecasts of Radar Systems and Technology in Global, including the following market information:
Global Radar Systems and Technology Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Radar Systems and Technology market was valued at 20770 million in 2021 and is projected to reach US$ 26500 million by 2028, at a CAGR of 3.5% during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Ground-Based Radar Systems Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Radar Systems and Technology include Lockheed Martin, Raytheon, Northrop Grumman, Saab Group, L3 Harris, BAE Systems, Leonardo SpA, Rheinmetall AG and Israel Aerospace Industries, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Radar Systems and Technology companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Radar Systems and Technology Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Radar Systems and Technology Market Segment Percentages, by Type, 2021 (%)
Ground-Based Radar Systems
Airborne Radar Systems
Naval Radar Systems
Global Radar Systems and Technology Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Radar Systems and Technology Market Segment Percentages, by Application, 2021 (%)
Military and Defense
Commercial and Civil
Global Radar Systems and Technology Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Radar Systems and Technology Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Radar Systems and Technology revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Radar Systems and Technology revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Lockheed Martin
Raytheon
Northrop Grumman
Saab Group
L3 Harris
BAE Systems
Leonardo SpA
Rheinmetall AG
Israel Aerospace Industries
Hensoldt
Aselsan
Thales
Indra Sistemas
Reutech Radar Systems
Terma