Different Applications of Radar Systems and Rise in the Adoption of the Unmanned Aerial Vehicle are Driving the Global Radar Systems Market

Published: Jul 2022

The global radar systems market is expected to grow at a CAGR of 4.5% during the forecast period.  Radar systems have been used in military applications for missile control, ground surveillance, fire control, air traffic control (ATC), moving target indication (MTI), weapons location, and vehicle search. Different types of radar are used in the defense industry for different applications. For security concerns, the countries use radar systems to protect their boundaries from infiltration.  To be in competition the companies are launching new products, mergers, and acquisitions.

Browse the full report description of “Radar Systems Market Size, Share & Trends Analysis Report, By Type (Ground-Based, Naval, Airborne, and Space-Based), By Application (Air Traffic Control, Remote Sensing, Ground Traffic Control, and Space Navigation & Control), Forecast Period (2022-2028).” at https://www.omrglobal.com/industry-reports/radar-systems-market

Recent Strategic Initiatives  

In December 2021, Joby acquired radar developer Inras GmbH. Joby’s acquisition of Inras is a part of the Company’s strategy to maintain leadership in key advanced technologies by seeking out proven leaders in their field.

In October 2021 Ambarella to acquire Oculii and expand into radar & sensor fusion. The fusion of Ambarella’s camera technology and Oculii’s radar software stack provides an all-weather, low-cost, and scalable perception solution, enabling higher levels of autonomy for automotive tier 1s and OEMs globally.

In June 18, 2021, Israel Aerospace Industries to sell Germany 69 radar systems for nearly $37.5 million. IAI's radar enables a high probability of target detection and tracking to support complex missions.

Market Coverage

The market number available for – 2021-2028

Base year- 2021

Forecast period- 2022-2028

Segment Covered- 

o By Type

o By Application

Regions Covered-

o North America

o Europe

o Asia-Pacific

o Rest of the World

Competitive Landscape- BAE Systems plc, Lockheed Martin Corp., General Dynamics Corp., SAAB AB, and Northrop Grumman Corp.

Key questions addressed by the report

What is the market growth rate?

Which segment and region dominate the market in the base year?

Which segment and region will project the fastest growth in the market?

How COVID-19 impacted the market?

o Deviation from the pre-COVID-19 forecast

o Most affected region and segment

Who is the leader in the market?

How players are addressing challenges to sustain growth?

Where is the investment opportunity?

Global Radar Systems Market Report by Segment

By Type

  • Ground Based
  • Naval
  • Airborne
  • Space Based

By Application

  • Air Traffic Control
  • Remote Sensing
  • Ground Traffic Control
  • Space Navigation & Control

Global Radar Systems Market Report by Region

North America

United States

Canada

Europe

UK

Germany

Italy

Spain

France

Rest of Europe 

Asia-Pacific

China

India

Japan

South Korea

Rest of Asia-Pacific 

Rest of the World

Latin America 

Middle East & Africa


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