Last Updated: 31-07-2025 | Format: PDF | Report ID:20620 | Author: Sophia
| Key Market Question | Answer |
|---|---|
| What is the market size in 2025? | $10,800 Million |
| What is the projected market size by 2035? | $16,400 Million |
| What is the market CAGR from 2025 to 2035? | 4.3% |
| Which region dominates the market? | Western US (36%) |
| Which product/service type dominates the market? | Active Radar (34%) |
| Which application leads the market? | Defense (48%) |
| Who are the major buyers? | US DoD (56%), Commercial Airlines (23%) |
| What are the key market growth drivers? | Rising defense budgets to support advanced airborne surveillance and detection capabilites; for example; Increasing demand for multi-mode radar systems in the commercial aviation sector for navigation and weather monitoring |
| What are the major market challenges? | Technological complexity and high cost of next-gen radar development present major challenges; Increasing cyber-security vulnerabilities due to digital connectivity in radar systems |
| What is the forecast period? | 2026–2035 |
Study period:
2020-2035
Base year:
2026
Historical data
2020-2024
NO OF PAGE:
167
What You Get:
| Who are the key market players? | Northrop Grumman Corporation, Raytheon Technologies Corporation, Lockheed Martin Corporation, L3Harris Technologies, Inc., BAE Systems plc, Leonardo S.p.A., Thales Group, Saab AB, Honeywell International Inc., Elbit Systems Ltd., General Dynamics Corporation, Boeing, Israel Aerospace Industries Ltd. (IAI), Cobham Limited, Rohde & Schwarz GmbH & Co KG |
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