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Surveillance Radar Trends and Forecast
The future of the global surveillance radar market looks promising with opportunities in the commercial, military, national security, aerospace, and maritime markets. The global surveillance radar market is expected to reach an estimated $13.8 billion by 2030 with a CAGR of 7.5% from 2024 to 2030. The major drivers for this market are growing necessity for missile detection systems and rising demand for drone detection systems in airport settings.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Surveillance Radar by Segment
The study includes a forecast for the global surveillance radar by type, component, platform, application, and region.
Surveillance Radar Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Battlefield Surveillance Radar
• Ground-Based Space Surveillance Radar
• Ground-Based Air Surveillance Radar
• Coastal Surveillance Radar
• Airport Surveillance Radar
• Air-To-Air Surveillance Radar
• Space-Based Radar
• Shipborne Surveillance Radar
• Others
Surveillance Radar Market by Component [Shipment Analysis by Value from 2018 to 2030]:
• Antenna
• Transmitter
• Duplexer
• Power Amplifier
• Receiver
• Others
Surveillance Radar Market by Platform [Shipment Analysis by Value from 2018 to 2030]:
• Land
• Naval
• Airborne
• Space
Surveillance Radar Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Commercial
• Military
• National Security
• Aerospace
• Maritime
• Others
Surveillance Radar Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Surveillance Radar Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies surveillance radar companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the surveillance radar companies profiled in this report include-
• Thales
• Hensoldt
• Lockheed Martin
• Raytheon Technologies
• Saab
• Bae Systems
• Elbit Systems
• Aselsan
• Leonardo
• Israel Aerospace Industries
Surveillance Radar Market Insights
Lucintel forecasts that airborne is expected to witness the highest growth over the forecast period.
Within this market, military will remain the largest segment due to widespread use of surveillance radar in border security, air defense, and maritime security.
North America will remain the largest region over the forecast period due to growing number of airport and commercial aircraft fleets in the region.
Features of the Global Surveillance Radar Market
Market Size Estimates: Surveillance radar market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Surveillance radar market size by various segments, such as by type, component, platform, application, and region in terms of value ($B).
Regional Analysis: Surveillance radar market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different type, component, platform, application, and regions for the surveillance radar market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the surveillance radar market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the surveillance radar market size?
Answer: The global surveillance radar market is expected to reach an estimated $13.8 billion by 2030.
Q2. What is the growth forecast for surveillance radar market?
Answer: The global surveillance radar market is expected to grow with a CAGR of 7.5% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the surveillance radar market?
Answer: The major drivers for this market are growing necessity for missile detection systems and rising demand for drone detection systems in airport settings.
Q4. What are the major segments for surveillance radar market?
Answer: The future of the surveillance radar market looks promising with opportunities in the commercial, military, national security, aerospace, and maritime markets.
Q5. Who are the key surveillance radar market companies?
Answer: Some of the key surveillance radar companies are as follows:
• Thales
• Hensoldt
• Lockheed Martin
• Raytheon Technologies
• Saab
• Bae Systems
• Elbit Systems
• Aselsan
• Leonardo
• Israel Aerospace Industries
Q6. Which surveillance radar market segment will be the largest in future?
Answer: Lucintel forecasts that airborne is expected to witness the highest growth over the forecast period.
Q7. In surveillance radar market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to growing number of airport and commercial aircraft fleets in the region.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the surveillance radar market by type (battlefield surveillance radar, ground-based space surveillance radar, ground-based air surveillance radar, coastal surveillance radar, airport surveillance radar, air-to-air surveillance radar, space-based radar, shipborne surveillance radar, and others), component (antenna, transmitter, duplexer, power amplifier, receiver, and others), platform (land, naval, airborne, and space), application (commercial, military, national security, aerospace, maritime, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Surveillance Radar Market, Surveillance Radar Market Size, Surveillance Radar Market Growth, Surveillance Radar Market Analysis, Surveillance Radar Market Report, Surveillance Radar Market Share, Surveillance Radar Market Trends, Surveillance Radar Market Forecast, Surveillance Radar Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Surveillance Radar Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Surveillance Radar Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Surveillance Radar Market by Type
3.3.1: Battlefield Surveillance Radar
3.3.2: Ground-Based Space Surveillance Radar
3.3.3: Ground-Based Air Surveillance Radar
3.3.4: Coastal Surveillance Radar
3.3.5: Airport Surveillance Radar
3.3.6: Air-to-Air Surveillance Radar
3.3.7: Space-Based Radar
3.3.8: Shipborne Surveillance Radar
3.3.9: Others
3.4: Global Surveillance Radar Market by Component
3.4.1: Antenna
3.4.2: Transmitter
3.4.3: Duplexer
3.4.4: Power Amplifier
3.4.5: Receiver
3.4.6: Others
3.5: Global Surveillance Radar Market by Platform
3.5.1: Land
3.5.2: Naval
3.5.3: Airborne
3.5.4: Space
3.6: Global Surveillance Radar Market by Application
3.6.1: Commercial
3.6.2: Military
3.6.3: National Security
3.6.4: Aerospace
3.6.5: Maritime
3.6.6: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Surveillance Radar Market by Region
4.2: North American Surveillance Radar Market
4.2.1: North American Surveillance Radar Market by Platform: Land, Naval, Airborne, and Space
4.2.2: North American Surveillance Radar Market by Application: Commercial, Military, National Security, Aerospace, Maritime, and Others
4.3: European Surveillance Radar Market
4.3.1: European Surveillance Radar Market by Platform: Land, Naval, Airborne, and Space
4.3.2: European Surveillance Radar Market by Application: Commercial, Military, National Security, Aerospace, Maritime, and Others
4.4: APAC Surveillance Radar Market
4.4.1: APAC Surveillance Radar Market by Platform: Land, Naval, Airborne, and Space
4.4.2: APAC Surveillance Radar Market by Application: Commercial, Military, National Security, Aerospace, Maritime, and Others
4.5: ROW Surveillance Radar Market
4.5.1: ROW Surveillance Radar Market by Platform: Land, Naval, Airborne, and Space
4.5.2: ROW Surveillance Radar Market by Application: Commercial, Military, National Security, Aerospace, Maritime, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Surveillance Radar Market by Type
6.1.2: Growth Opportunities for the Global Surveillance Radar Market by Component
6.1.3: Growth Opportunities for the Global Surveillance Radar Market by Platform
6.1.4: Growth Opportunities for the Global Surveillance Radar Market by Application
6.1.5: Growth Opportunities for the Global Surveillance Radar Market by Region
6.2: Emerging Trends in the Global Surveillance Radar Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Surveillance Radar Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Surveillance Radar Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: THALES
7.2: HENSOLDT
7.3: Lockheed Martin
7.4: Raytheon Technologies
7.5: Saab
7.6: BAE Systems
7.7: Elbit Systems
7.8: ASELSAN
7.9: Leonardo
7.10: Israel Aerospace Industries
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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