The airborne radar market is anticipated to reach a valuation of US$ 17.6 billion in 2024. The industry is projected to be worth US$ 42 billion by 2034, expanding at a CAGR of 9.1% between 2024 and 2034. The market is experiencing high growth, driven by a convergence of technological advancements and increased global defense spending. This sector is crucial in military and commercial aviation, addressing the growing demand for enhanced surveillance, reconnaissance capabilities, and improved weather monitoring and navigation systems.
Technological innovation, including integrating advanced features such as synthetic aperture radar (SAR) and electronic scanning, is a key catalyst for market expansion. These innovations significantly enhance the performance and versatility of airborne radar systems, allowing for more accurate target detection and tracking.
The emergence of artificial intelligence (AI) in radar signal processing optimizes the overall efficiency of these systems, marking a significant leap forward in their capabilities. Global defense spending has been a major driver for the market, with nations investing in state-of-the-art radar systems for military aircraft. These systems are critical in bolstering surveillance, reconnaissance, and overall situational awareness, contributing to national security strategies.
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The market benefits from the escalating demand for weather monitoring and navigation solutions in commercial aviation, where airborne radar systems enhance safety and operational efficiency. The market is poised for sustained development, driven by the continuous evolution of air travel and defense requirements. As geopolitical landscapes shift and technological capabilities expand, the demand for advanced airborne radar systems will remain strong, solidifying their position as indispensable components in aviation and defense.
Key Takeaways from the Market Study
- Based on component type, antennas are projected to expand at 8.8% CAGR by 2034.
- China is estimated to register at a CAGR of 9.9% by 2034.
- South Korea experiences significant growth, projected at a CAGR of 11.1% by 2034.
- Based on technology type, software-defined radar is anticipated to expand at a CAGR of 8.6% by 2034.
“The major driver propelling the airborne radar market is the increasing emphasis on defense modernization by nations globally,” comments a Future Market Insights analyst.
Competitive Landscape
In the competitive landscape of the airborne radar market, major players are engaged in intense research and development endeavors to introduce cutting-edge solutions for military and civilian applications.
The market is characterized by innovations such as synthetic aperture radar and electronic scanning, enhancing system performance. With global defense spending rising, key players are vying for market share, focusing on technological advancements to meet the growing demand for enhanced surveillance and reconnaissance capabilities in military aircraft and improved navigation in commercial aviation.
Some important developments are as follows:
- In January 2021, Hensoldt collaborated with BIRD Aerosystems from Israel, focusing on advancing radar control and display (RCD) capabilities. This partnership aims to develop enhanced features for radar systems.
In January 2021, Doosan Bobcat revealed a strategic equity investment in Ainstein Systems, a U.S.-based company recognized for manufacturing equipment in agriculture, ground maintenance, construction, and landscaping. This investment signifies Doosan Bobcat’s strategic interest in fostering innovation and technology within its diverse product offerings
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Key Companies Profiled :
- Lockheed Martin Corporation
- Rockwell Collins Inc.
- Saab AB
- Honeywell International Inc
- General Dynamics Corporation
- Rheinmetall AG
- BAE Systems
- Northrop Grumman Corporation
- Raytheon Technologies
- Thales Group
Key Segments of Airborne Radar Industry Survey
By Component:
- Antenna
- Transmitter
- Duplexer
- Receiver
- Power Amplifier
- Digital Signal Processor
- Stabilization System
- Graphical User Interface
- Others
By Technology:
- Software-defined Radar (SDR)
- Conventional RADAR
- Quantum Radar
By Platform:
- Commercial Aircraft
- Military Aircraft
- Business Jets
- Helicopters
- UAVs
- UAM
- Aerostats
By Installation Type:
- New Installation
- Upgradation
By Waveform:
- Frequency Modulated Continuous Wave (FMCW)
- Doppler
- Ultra-wideband Impulse (UWB)
By Range:
- Very long range
- Long range
- Medium range
- Short range
- Very short range
By Dimension:
- 2D
- 3D
- 4D
By Region:
- North America
- Latin America
- Western Europe
- Eastern Europe
- South Asia and Pacific
- East Asia
- Middle East and Africa
Author:
Sudip Saha is the managing director and co-founder at Future Market Insights, an award-winning market research and consulting firm. Sudip is committed to shaping the market research industry with credible solutions and constantly makes a buzz in the media with his thought leadership. His vast experience in market research and project management a consumer electronics will likely remain the leading end-use sector cross verticals in APAC, EMEA, and the Americas reflects his growth-oriented approach to clients.
He is a strong believer and proponent of innovation-based solutions, emphasizing customized solutions to meet one client’s requirements at a time. His foresightedness and visionary approach recently got him recognized as the ‘Global Icon in Business Consulting’ at the ET Inspiring Leaders Awards 2022.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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