Market Insights
“The surveillance radars market size was US$ 11.2 billion in 2024 and is likely to grow at a strong CAGR of 7.2% in the long run to reach US$ 22.5 billion in 2034”.
Market Dynamics
Introduction
The Surveillance Radars Market refers to the global industry involved in the development, production, and deployment of radar systems used for detecting, tracking, and monitoring objects across various domains such as air, land, and sea. These radars play a crucial role in ensuring situational awareness and security by providing real-time information about potential threats or movements in a designated area.
Surveillance radars are specialized radar systems designed to observe a wide area and detect the presence, direction, distance, and speed of objects such as aircraft, ships, vehicles, and even people. These radars are commonly used in defense, border security, air traffic control, coastal surveillance, and critical infrastructure protection.
Recent Market JVs and Acquisitions:
Recent trends in joint ventures and acquisitions within the surveillance radars market indicate a growing emphasis on strategic collaborations to enhance technological capabilities, expand global presence, and meet evolving defense and security demands. Companies are increasingly partnering to co-develop advanced radar systems that integrate artificial intelligence, machine learning, and multi-domain surveillance capabilities. Acquisitions are being driven by the need to consolidate market position, gain access to proprietary technologies, and diversify product portfolios. These alliances often aim to accelerate innovation cycles, streamline supply chains, and respond more effectively to the rising demand for integrated and adaptive radar solutions across both military and civilian applications.
A considerable number of strategic alliances, including M&As, JVs, etc., have been performed over the past few years:
- In October 2024, Italy's Fincantieri signed a memorandum of understanding with Qatar's Barzan Holdings to jointly develop the Omega360 short-range radar program.
- In September 2024, CACI International announced plans to acquire Azure Summit Technology for $1.28 billion in cash. Azure Summit specializes in radar and communications equipment, with products used in electronic warfare systems.
- In April 2021, Leonardo acquired a 30% stake in GEM elettronica, an Italian company specializing in the production of small and medium-sized 3D radars.
Segment Analysis
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Segmentations
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List of Sub-Segments
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Segments with High-Growth Opportunity
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Platform-Type Analysis
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Airborne, Ground, Space, and Naval
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Ground is expected to dominate the market throughout the forecast period due to its critical role in ground surveillance, border security, and battlefield management.
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Component-Type Analysis
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Antennas, Transmitters, Duplexers, Power Amplifiers, Receivers, Digital Signal Processors, and Others
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Digital Signal Processors are expected to exhibit the highest growth rate during the forecast period, driven by the rapid advancements in AI-driven algorithms and machine learning.
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Radar-Type Analysis
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Short-Range, Medium-Range, and Long-Range
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Short-Range is anticipated to dominate during the forecast period due to their during the forecast period, primarily due to its extensive use in ground-based industrial and military applications.
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Application-Type Analysis
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Commercial and Defense
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Commercial is expected to grow at the highest CAGR throughout the forecast period, driven by the expanding applications in air traffic control, maritime surveillance, weather monitoring, and critical infrastructure protection.
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Regional Analysis
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North America, Europe, Asia-Pacific, and The Rest of the World
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North America is expected to continue its dominance throughout the forecast period.
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By Platform Type
“The ground segment is expected to dominate the market during the forecast period.”
Based on the product, the market is segmented into airborne, ground, space and naval. The ground-based surveillance radar segment is expected to maintain its dominance in the surveillance radars market attributed to its critical role in ground surveillance, border security, and battlefield management, providing real-time data and situational awareness. However, the space-based surveillance radar segment is expected to experience the highest CAGR during the forecast period, driven by increasing satellite deployments and advancements in synthetic aperture radar (SAR) technology.
By Component Type
“The digital signal processors segment is expected to exhibit the highest growth rate throughout the forecast period.”
Based on the platform, the market is segmented into antennas, transmitters, duplexers, power amplifiers, receivers, digital signal processors, and others. The antennas segment is expected to remain dominant throughout the forecast period due to their critical role in enabling detection and tracking capabilities across various applications. On the other hand, the digital signal processors (DSPs) segment is expected to experience the highest CAGR during the forecast period. This growth is fueled by the rapid advancements in AI-driven algorithms and machine learning, which enhance the accuracy of radar systems.
By Radar Type
“The short-range surveillance radar segment is expected to continue its dominance throughout the forecast period.”
Based on the component, the market is segmented into short-range, medium-range, and long-range. The short-range surveillance radar segment is expected to continue its dominance throughout the forecast period, primarily due to its extensive use in ground-based industrial and military applications. However, the long-range surveillance radar segment is expected to experience the highest CAGR during the forecast period, driven by increasing demand for over-the-horizon (OTH) radars and advancements in defense and space-based applications.
By Application Type
“The commercial segment is expected to exhibit the highest growth rate throughout the forecast period.”
Based on the application, the market is segmented into commercial and defense. The defense segment is expected to dominate the surveillance radars market due to increased global defense spending, rising geopolitical tensions, and growing demand for advanced radar systems for border surveillance, missile defense, and battlefield awareness. Meanwhile, the commercial segment is expected to grow at the highest CAGR during the forecast period, driven by expanding applications in air traffic control, maritime surveillance, weather monitoring, and critical infrastructure protection, along with increased investment in smart cities and civil aviation safety.
Regional Analysis
“The North America region is expected to continue its dominance in the market during the forecast period.”
North America is expected to dominate the market due to its strong defense sector, technological advancements, and the presence of key radar manufacturers. The U.S., in particular, is a significant player in the global surveillance radar market, driven by investments in military defense systems, border security, and air traffic control.
However, Asia Pacific is anticipated to grow at the highest CAGR over the forecast period. This growth is attributed to the increasing investments in defense modernization, rapid technological advancements, and a growing emphasis on border security and air surveillance in countries like China, India, and Japan.
Key Players
The market consists of a considerable number of players, featuring several key players renowned for their expertise and contributions. The following are the key players in the surveillance radars market.
Here is the list of the Top Players (Based on Dominance)
- Lockheed Martin Corporation
- Raytheon Technologies Corporation
- Northrop Grumman Corporation
- Thales Group
- Saab AB
- Leonardo S.p.A.
- BAE Systems plc
- Hensoldt AG
- Israel Aerospace Industries (IAI)
- Elbit Systems Ltd.
Note: The above list does not necessarily include all the top players in the market.
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Report Features
This report provides market intelligence most comprehensively. The report structure has been kept so that it offers maximum business value. It provides critical insights into market dynamics and will enable strategic decision-making for existing market players as well as those willing to enter the market. The following are the key features of the report:
- Market structure: Overview, industry life cycle analysis, supply chain analysis.
- Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
- Market trend and forecast analysis.
- Market segment trend and forecast.
- Competitive landscape and dynamics: Market share, Service portfolio, New Product Launches, etc.
- COVID-19 impact and its recovery curve
- Attractive market segments and associated growth opportunities.
- Emerging trends.
- Strategic growth opportunities for the existing and new players.
- Key success factors.
The global surveillance radars market is segmented into the following categories.
Surveillance Radars Market, by Platform Type
- Airborne (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of World)
- Ground (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of World)
- Space (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of World)
- Naval (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of World)
Surveillance Radars Market, by Component Type
- Antennas (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of World)
- Transmitters (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of World)
- Duplexers (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of World)
- Power Amplifiers (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of World)
- Receivers (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of World)
- Digital Signal Processors (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of World)
- Others (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of World)
Surveillance Radars Market, by Radar Type
- Short-Range (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of World)
- Medium-Range (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of World)
- Long-Range (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of World)
Surveillance Radars Market, by Application Type
- Commercial (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of World)
- Defense (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of World)
Surveillance Radars Market, by Region
- North America (Country Analysis: The USA, Canada, and Mexico)
- Europe (Country Analysis: Germany, France, The UK, Russia, and the Rest of Europe)
- Asia-Pacific (Country Analysis: Japan, China, India, and Rest of Asia-Pacific)
- Rest of the World (Country Analysis: Brazil, Argentina, and Others)
Research Methodology
- This strategic assessment report from Stratview Research provides a comprehensive analysis that reflects today’s surveillance radars market realities and future market possibilities for the forecast period.
- The report segments and analyzes the market in the most detailed manner in order to provide a panoramic view of the market.
- The vital data/information provided in the report can play a crucial role for market participants and investors in identifying the low-hanging fruit available in the market and formulating growth strategies to expedite their growth process.
- This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.
- More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data.
- We conducted more than 15 detailed primary interviews with market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.
Customization Options
With this detailed report, Stratview Research offers one of the following free customization options to our respected clients:
Company Profiling
- Detailed profiling of additional market players (up to three players)
- SWOT analysis of key players (up to three players)
Competitive Benchmarking
- Benchmarking of key players on the following parameters: Service portfolio, geographical reach, regional presence, and strategic alliances
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