Radar Systems And Technology Market is Anticipated to Expand upto $27.11 Billion in 2029

Stay informed on tariff shifts, macro trends, and global economic changes-use code ONLINE30 to enjoy 30% off our global market reports.

What Is the Forecasted Market Growth Rate of the Radar Systems And Technology Industry?
The market size of radar systems and technology has seen consistent growth in recent years, expanding from $22.01 billion in 2024 to an estimated $23.06 billion in 2025 with a compound annual growth rate (CAGR) of 4.8%. The historical growth trajectory is due to various reasons such as the need to curb runway incursions, increasing utilization of passive radars, escalating demand in active electronically scanned array (AESA), a surge in demand for improved security, and the integration of radar systems with GPS.

How Will the Radar Systems And Technology Market Size Evolve From 2025 to 2029?
Projected to experience moderate expansion over the next few years, the radar systems and technology market is predicted to escalate to a worth of $27.11 billion in 2029, with an annual compound growth rate (CAGR) of 4.1%. Factors contributing to this growth during the forecast period include the rising demand for self-driving vehicles, enhanced security and surveillance, improved situational awareness, and larger defense budgets in numerous countries. Other contributing factors include expanded use of radar systems and a growing need for radar systems in the defense and military sectors. Major trends expected during the forecast period encompass technological advancements, progress in signal processing and data analysis techniques, radar systems' integration with other sensors and technologies, development of new airports, terminal expansions, and progress in signal processing.

Explore The Complete Report Now:
https://www.thebusinessresearchcompany.com/report/radar-systems-and-technology-global-market-report

What Are the Main Growth Drivers in the Radar Systems And Technology Market Today?
The anticipated increase in the use of self-driving cars is predicted to fuel the expansion of the radar systems and technology market in the future. These autonomous vehicles are equipped with robust sensor technology, AI, and machine learning capabilities to enhance road safety by reducing the likelihood of mistakes by human drivers. Radar systems and technology give these vehicles the ability to identify obstacles, assess distances, calculate speeds, and safely navigate through traffic by supplying crucial data for avoidance of collisions and adaptive driving functions. For example, a report from the Insurance Institute for Highway Safety, a US-centered non-profit entity, projected in December 2022 that by 2025, there would be 3.5 million autonomous cars on American roads. It is also forecasted that by 2030, the number of autonomous vehicles on the road will rise to 4.5 million. As a result, the escalating demand for self-driving cars is stimulating the expansion of the radar systems and technology market.

Get Free Sample Report Here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=14463&type=smp

Which Radar Systems And Technology Market Segment Is Expected to Lead Through 2029?
The radar systems and technology market covered in this report is segmented -

1) By Type: Ground-Based Radar Systems, Airborne Radar Systems, Naval Radar Systems
2) By Sales Channel: Direct Channel, Distribution Channel
3) By Application: Automotive, Industrial, Medical, Military And Defense, Other Applications

Subsegments:
1) By Ground-Based Radar Systems: Air Defense Radar, Weather Radar, Surveillance Radar, Ground Surveillance Radar, Border Security Radar, Traffic Control Radar, Other Ground-Based Radar Systems
2) By Airborne Radar Systems: Weather Radar, Navigation Radar, Surveillance Radar, Ground-Penetrating Radar, Collision Avoidance Radar, Airborne Early Warning Radar, Other Airborne Radar Systems
3) By Naval Radar Systems: Navigation Radar, Fire Control Radar, Surveillance and Targeting Radar, Anti-Submarine Warfare Radar, Weather Radar, Tactical Radar, Other Naval Radar Systems

Which Market Trends Are Expected to Dominate Radar Systems And Technology Industry Growth?
Leading organizations in the radar system and technology sector are focusing on the creation of cutting-edge innovative solutions like 4D digital imaging radar. This approach is aimed at maintaining their competitive advantage and adapting to emerging market requirements. 4D digital imaging radar is a high-resolution, long-distance sensor technology that supplements conventional radar systems with vertical data, enabling more precise object identification and classification. In a recent development in March 2022, Uhnder Inc., an American company specializing in digital automotive radar-on-chip development, unveiled its 4D digital imaging radar. This technology, designed to cater to next-generation advanced driver-assistance systems (ADAS), autonomous vehicles (AVs), and automated mobility applications, is characterized by the S80 radar-on-chip. This new technology significantly surpasses traditional analog radar systems in resolution, power on target, and contrast. Its purpose is to enhance the detection abilities of advanced driver-assistance systems (ADAS) and autonomous vehicles. It conforms to high automotive standards and is software-defined. Furthermore, it provides a solution to the limitations faced by traditional radar systems such as limited object classification capabilities, subpar performance in extreme conditions, and interference problems caused by the concurrent use of multiple radars.

Customize Your Insights And Get The Full Report Here:
https://www.thebusinessresearchcompany.com/customise?id=14463&type=smp

Which Companies Hold the Largest Market Share in the Radar Systems And Technology Sector?
Major companies operating in the radar systems and technology market are RTX Corporation, Lockheed Martin Corporation, Airbus SE, General Dynamics, Northrop Grumman Corporation, Mitsubishi Electric Corporation, BAE Systems Plc, Thales Group, L3Harris Technologies Inc., Leonardo SpA, Infineon Technologies AG, NXP Semiconductors NV, Rockwell Collins Inc., Harris Corporation, Rheinmetall AG, Saab AB, Indra Sistemas SA, Israel Aerospace Industries, Aselsan A.S., Hensoldt AG, Terma A/S, RADA Electronic Industries Ltd., Honeywell International Inc., Reutech Radar Systems, Kelvin Hughes Limited, Cambridge Consultant, Tactical Solutions, Telephonics Corp.

Where Is the Radar Systems And Technology Market Experiencing the Highest Growth?
North America was the largest region in the radar systems and technology market in 2024. The regions covered in the radar systems and technology market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

#Reach Out to Us#

Speak With Our Expert:
Saumya Sahay
Americas +1 310-496-7795
Asia +44 7882 955267 & +91 8897263534
Europe +44 7882 955267
Email: saumyas@tbrc.info

The Business Research Company - www.thebusinessresearchcompany.com

Follow Us On:
• LinkedIn: https://in.linkedin.com/company/the-business-research-company

This Report Supports:
1.Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2.Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.

Reach out to us:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Europe - +44 7882 955267,
Asia: +91 88972 63534,
Americas - +1 310-496-7795 or
Email:info@tbrc.info
Follow Us On:
• LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ

Learn More About The Business Research Company
With over 17500+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead. Our flagship product, the Global Market Model (GMM), is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.