Airborne Radar Market Size
Airborne Radar Market size was around USD 10 billion in 2022 and is expected to expand at a CAGR of approximately 9% during the period from 2023 to 2032.
The growth in defense budgets in countries has resulted in higher spending on airborne radar systems. Governments spend a large amount to support their military forces such as the acquisition of advanced radar technology.
In 2022, we invested more than $35 billion in strengthening our defense system. Some of the funds were directed towards the renewal of our radar systems, which are vital for our safety. Why do we need improved radar? Because how nations interact now is different from before, and there are emerging threats that we must prepare against. In order to be at the top, we must have the latest technology available, such as modern radar systems. They enable us to detect dangers beforehand, stay watchful about what is going around us, and remain masters of the game. They play an essential role in ensuring that our defense mechanism remains current and is capable of addressing the issues of modern-day warfare.
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Airborne Radar Market Report Attributes
Report Attribute Details
Base Year 2022
Airborne Radar Market Size in 2022 USD 10 Billion
Forecast Period 2023 to 2032
Forecast Period 2023 to 2032 CAGR 9%
2032 Value Projection USD 25 Billion
Historical Data for 2018 to 2022
No. of Pages 220
Tables, Charts & Figures 355
Segments covered frequency band, installation type, application, range, and end use
Growth Drivers
Government investments in the modernization of military & defense aircraft
Growing demand for Intelligence, Surveillance, and Reconnaissance (ISR) Missions
Growing need for disaster management and search & rescue operations
Increase in the demand for advanced airborne weather monitoring radars
Technological advancements in airborne radar systems
Pitfalls & Challenges
Susceptibility to electronic warfare
Excessive development and maintenance expenses
Airborne radar is radar equipment mounted on aircraft to detect, locate, and recognize objects on the ground, in the air, or on water. The radio waves are utilized to measure the range, height, velocity, and direction of targets, yielding vital information for military, surveillance, weather monitoring, and business aviation purposes.
The development and designing of sophisticated airborne radar systems take considerable research, testing, and engineering work. The research cost, prototype testing, and prototype development are quite expensive and tend to put the financial resources of radar manufacturers to a test. The radar systems, like any other sophisticated technology, need regular maintenance to guarantee maximum performance. Maintaining the reliability of radar components and systems, particularly under harsh operating environments, is a constant challenge. Maintenance downtime can affect mission readiness and operational capability, which is a challenge for military use. These are the factors that are limiting market growth.
COVID-19 Impact
The COVID-19 pandemic significantly affected the airborne radar market. The pandemic affected global supply chains, impacting the procurement of critical components and materials needed for manufacturing radar systems. Delays in the delivery of the components hampered production timetables and affected timely delivery of the radar systems to customers. The economic consequences of the pandemic compelled a number of countries to revisit their defense budgets. Various nations cut their defense budgets in order to utilize funds for healthcare, pandemic containment, and economic revival initiatives. Consequently, purchases of new radar systems were impacted by budget shortfalls and postponements.
Airborne Radar Market Trends
Active Electronically Scanned Array (AESA) technology is a major trend in airborne radar. AESA radars are more sensitive, agile, and capable of handling multiple tasks. They are reliable and efficient, making them the first choice for fighter aircraft. With the mushrooming of drones, the design of radar systems, especially capable of detecting and tracking UAVs, particularly small & low-flying UAVs, is an emerging trend. Counter-UAS radar technology is sought after by both military and civilian security uses.
Radar systems are adapted to urban warfare environments, where conventional line-of-sight systems can be challenged by buildings and other barriers. The radars that can penetrate urban areas and identify threats behind barriers are needed. Ground-moving Target Indication (GMTI) and Synthetic Aperture Radar (SAR) technologies are tailored to urban warfare environments. These radars offer precious intelligence, surveillance, and reconnaissance information in challenging urban environments.
Airborne Radar Market Analysis
Find more examples of major segments defining this market
On the basis of end use, the market is segmented into commercial aircraft, military aircraft, helicopters, unmanned aerial vehicles (UAVs), business jets, and urban air mobility (UAM). Military aircraft segment held the largest share of the global market with over 45% in 2022.
The continued innovation in radar technology such as active electronically scanned array (AESA) radars and multi-function radars, presents better performance, precision, and flexibility. They equip military aircraft with sophisticated abilities, allowing them to respond to the changing threats and operational demands.
Radar systems greatly improve situational awareness for military commanders and pilots. They offer real-time data regarding the airspace, ground targets, and possible threats. Improved situational awareness is critical in making rapid and informed decisions during military operations.
On the basis of installation type, the market is divided into retrofit and new installation. The retrofit segment is expected to record a CAGR of more than 9% through 2032.
Modern aircraft is built to possess long lifecycles of operation, sometimes several decades. Enhancing radar systems by retrofitting enables older aircraft to be relevant and effective in modern operational environments. Lifecycle extension of the current aircraft is a cost-effective approach for military and commercial operators.
The existing technology advancements such as AESA radars and enhanced signal processing capabilities, make retrofitting the favored choice. New radar systems can easily improve detection range, accuracy, and overall performance of an aircraft, for which compatibility with current operational demands is guaranteed.
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Airborne Radar Market Share
The players operating in the airborne radar industry focus on implementing different growth strategies to strengthen their offerings and expand the market reach. These strategies involve new product development & launches, partnerships & collaborations, mergers & acquisitions, and customer retention. The market players also heavily invest in R&D to introduce innovative and technologically-advanced solutions in the market. The major players operating in the industry are mentioned below
- Northrop Grumman Corporation
- Lockheed Martin Corporation
- Raytheon Technologies
- Israel Aerospace Industries
- Thales Group
- Saab AB
- L3Harris Technologies