Military Radars Market

Market Leader - Military Radars Market

The military radars market is projected to grow from USD 14.0 billion in 2020 to USD 17.4 billion by 2025, at a CAGR of 4.4% during the forecast period. The growing demand to detect smuggling activities at border areas is one of the key factors driving the demand for man-portable radars. The need for counter-drone equipment is also boosting the demand for man-portable radars. Further, the demand for effective weapon guidance systems for naval ships is boosting the growth of ship-based naval radars.

Raytheon Technologies Corporation (US), Lockheed Martin Corporation (US), Israel Aerospace Industries (Israel), Thales Group (France), and Leonardo S.P.A. (Italy) are some of the leading players operating in the military radars market. These players have adopted various organic and inorganic growth strategies to strengthen their position in the market. These include new product developments, contracts, partnerships, expansions, agreements, acquisitions, and research & development (R&D) activities further to expand their presence in the military radars market.

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Raytheon Technologies Corporation is one of the leading companies, which provides products for defense, civil government, and cybersecurity applications. The company offers advanced sensors and imaging technology, as well as missile defense systems. The company offers radars for air and missile defense, airborne surveillance, air traffic control, maritime surveillance, and ground vehicle-mounted radars. The merger of Raytheon Company and United Technologies Corporation will create more opportunities for future business.

Thales Group is a company that engages in the manufacture, marketing, and sale of electronic equipment and systems for the aeronautics, naval, and defense sectors. Thales is one of the world’s leading providers of the precise sighting, detection, and identification systems and solutions to the defense industry. It also produces advanced systems to fulfill the operational requirements of maritime patrol and surveillance, as well as land, air, and space surveillance.

Lockheed Martin Corporation manufactures a variety of radars and sensors, using electro-optical/infrared sensor systems, which provide advanced precision targeting, navigation, threat detection, and next-generation intelligence, surveillance, and reconnaissance capabilities.

Israel Aerospace Industries is a company that manufactures and provides a wide range of products for airborne, naval, and land systems under commercial aviation, defense, and homeland security sectors. The company offers surveillance radars for land, coastal, airborne, and naval applications. Its ground-based radars can be fixed, mobile, or portable, depending on the requirements of users.  

Leonardo S.P.A. provides a wide range of defense and security solutions to the government, private, and commercial sectors. The company is known for its investments in research & development across the aerospace, defense, and security sectors. The company has a large supply network, due to the presence of subsidiaries, joint ventures, and international partnerships across 20 countries, including the UK, Poland, and the US.

Related Reports:

Military Radars Market by Component (Transmitter, Digital Signal Processor), Platform (Land, Naval, Airborne, Space), Technology (SDR, Quantum, Conventional), Waveform (FMCW, Doppler), Application, Type, Frequency Band, & Region - Global Forecast to 2025

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Report Code
AS 4089
RI Published ON
8/12/2020
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