USD 8.9 billion
Report ID:
SQMIG20A2162 |
Region:
Global |
Published Date: December, 2024
Pages:
202
|Tables:
62
|Figures:
75
Surveillance Radars Market size was valued at USD 9.83 Billion in 2023 and is poised to grow from USD 10.86 Billion in 2024 to USD 24.16 Billion by 2032, growing at a CAGR of 10.5% during the forecast period (2025-2032).
Radars are used to monitor activities at key infrastructure and facilities such as airports, camps, borders, and ports. These probes are employed for national security purposes to detect and monitor non-linear, cooperative, and moving targets. It is also utilised to boost border security in the commercial and defence sectors. These radar systems are capable of operating on a variety of platforms, including ground, marine, aviation, and space. Radars are a critical component of border security activities. The majority of radars use the S-band frequency range. These systems are mostly used for search and targeting. Air-to-ground radars can also be utilised in aerospace and maritime security applications to screen a variety of targets such as aircraft, ultralight aircraft, stealth, Unmanned Aerial Vehicles (UAV) and Unmanned Aerial Systems (UAS), helicopters, boats, and ships. As a result, the radar assists military and defence personnel in their tactical missions in unfamiliar locations and operates within their line of sight.
The industry is expanding as more money is spent on defence around the world, as well as on purchasing improved radar systems for military communications. Despite the epidemic, global defence spending is expected to reach USD 1981 billion in 2020, according to the Stockholm International Peace Research Institute (SIPRI). The government and airport operators' investments in airport surveillance infrastructure for issues such as drone intrusion into the airspace are projected to drive demand for the surveillance radar market during the forecast period. The need for upgraded radar systems is being driven by the need to strengthen border security and the growing threat of missiles. Radar technology is being heavily invested in by the major manufacturers in order to enhance operating range and detecting capabilities. Radar technological advancements are expected to boost sales of surveillance radars in the near future.Furthermore, variables such as increased geopolitical tensions and R&D in surveillance radars are likely to give market leaders an advantage.
US Surveillance Radars Market is poised to grow at a sustainable CAGR for the next forecast year
Global Market Size
USD 8.9 billion
Largest Segment
Airborne Surveillance Radars
Fastest Growth
Naval Surveillance Radars
Growth Rate
6.1% CAGR
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Global Surveillance Radars Market is segmented by platform, application, component, frequency band and region. Based on platform, the market is segmented into land, airborne, naval and space. Based on application, the market is segmented into defense & military and commercial. Based on component, the market is segmented into antenna, transmitter, receiver, display and processor. Based on frequency band, the market is segmented into x-band, s-band, l-band, c-band, ku-band and ka-band. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
Analysis By Type
Among the different types of surveillance radars, the dominant category in the global market is Airborne Surveillance Radars. These radars are extensively utilised in military and defence applications, providing crucial situational awareness and intelligence gathering capabilities from aerial platforms. The dominance of airborne surveillance radars can be attributed to the increasing investments in modernising military aircraft fleets and the growing emphasis on airborne surveillance and reconnaissance missions.
In terms of the fastest-growing type in the global surveillance radars market, Naval Surveillance Radars hold significant potential. Naval surveillance radars are deployed on naval vessels and play a vital role in maritime security, coastal defence, and anti-submarine warfare operations. The increasing maritime threats, territorial disputes, and the need for advanced surveillance capabilities in naval forces are driving the demand for naval surveillance radars. Additionally, ongoing modernization programs of naval fleets in several countries contribute to the rapid growth of this segment.
Analysis By Application
Analysis by application reveals that among the mentioned industries—manufacturing, construction, oil and gas, pharmaceuticals, and others—the dominant application in the global surveillance radars market is the oil and gas sector. This industry relies heavily on surveillance radars for various purposes such as monitoring offshore platforms, pipeline security, and detecting unauthorised vessels or intruders in critical areas.
Furthermore, the fastest-growing application in the global surveillance radars market is the construction industry. With increasing infrastructure development projects worldwide, the demand for surveillance radars to enhance site security and monitor construction activities is experiencing significant growth. Surveillance radars provide real-time monitoring, intrusion detection, and perimeter security, making them essential tools for ensuring safety and mitigating potential risks in construction sites.
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In terms of dominance, North America emerges as the most dominant region in the global surveillance radars market. This dominance can be attributed to several factors, including the presence of key market players, strong defence and security infrastructure, and high investments in military modernization programs. The US, in particular, accounts for a significant market share in North America due to its robust defence spending and the implementation of advanced surveillance technologies across its defence sector.
Asia Pacific is the fastest-growing region in the global surveillance radars market. The Asia Pacific market is witnessing rapid growth due to increasing defence budgets, rising geopolitical tensions, and the need for border surveillance. Countries such as China, India, and Japan are investing heavily in advanced radar systems to enhance their defence capabilities and monitor their maritime boundaries. Moreover, the growing industrial infrastructure and the need for critical infrastructure protection in the region are also driving the demand for surveillance radars.
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Surveillance Radars Market Drivers
Increasing Security Concerns
Escalating Security Concerns:
Surveillance Radars Market Restraints
Operational Limitations
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The global surveillance radars market is highly competitive and characterised by the presence of several key players offering a diverse range of products and services. These players compete in terms of technological advancements, product innovation, pricing strategies, and geographical reach to gain a competitive edge in the market. This competitive landscape overview provides a general understanding of the market dynamics without mentioning specific company names. The market players in the global surveillance radars market focus on research and development activities to introduce advanced radar systems that cater to the evolving needs of defence and security agencies. Technological advancements, such as the integration of radar systems with other sensor technologies and the adoption of artificial intelligence and machine learning algorithms, have become key areas of focus. These advancements aim to enhance radar capabilities in terms of detection accuracy, range, resolution, and target tracking capabilities.
Top Player’s Company Profile
Recent Developments
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
According to the global surveillance market analysis, increasing demand for surveillance radars in various sectors, including defence, aerospace, and homeland security. Rising concerns regarding border security, terrorism, and illicit activities have propelled the deployment of surveillance radars worldwide. Governments and defence organisations across different regions are investing significantly in advanced surveillance radar systems to enhance their situational awareness and border surveillance capabilities. Technological advancements, including the development of phased array radars and active electronically scanned array (AESA) radars, offer improved performance, higher accuracy, and greater coverage. Furthermore, increasing defence budgets in emerging economies, geopolitical tensions, and the need for border security are contributing to the market's growth.
Regionally, the report analyses the market dynamics and opportunities across North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America dominates the market due to the presence of major defence contractors, robust defence expenditure, and technological advancements. However, the Asia Pacific region is expected to witness significant growth during the forecast period, fueled by increasing defence budgets, modernization programs, and the need for border surveillance in countries such as China and India.
Report Metric | Details |
---|---|
Market size value in 2023 | USD 9.83 Billion |
Market size value in 2032 | USD 24.16 Billion |
Growth Rate | 10.5% |
Base year | 2024 |
Forecast period | 2025-2032 |
Forecast Unit (Value) | USD Billion |
Segments covered |
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Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
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Customization scope | Free report customization with purchase. Customization includes:-
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Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the Surveillance Radars Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Surveillance Radars Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Surveillance Radars Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Surveillance Radars Market for additional countries.
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Report ID: SQMIG20A2162
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