According to Fortune Business Insights™, the global military radar market was valued at USD 35.58 billion in 2023 and is projected to rise from USD 46.07 billion in 2024 to USD 211.12 billion by 2032, exhibiting a CAGR of 20.96% during the forecast period. North America led the market with a 38.28% share in 2023, with the U.S. emerging as the largest contributor, expected to reach USD 63.69 billion by 2032.

Radar systems remain a cornerstone of modern defense platforms, supporting applications such as surveillance, target tracking, air traffic monitoring, weapon guidance, and border protection. Technological advancements including AESA (Active Electronically Scanned Array), over-the-horizon radars, and AI-enabled threat detection are driving market growth.

Russia-Ukraine War Impact

The Russia-Ukraine conflict has significantly accelerated global demand for advanced radar systems. Both nations, along with regional allies, have increased defense spending to enhance situational awareness and air defense capabilities. For example, in 2023, Thales and the French Ministry of Defense delivered a Ground Master 200 radar to Ukraine, strengthening short-range air defense.

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This geopolitical crisis has pushed NATO and European states to fast-track procurement of 3D radars, integrated air defense solutions, and joint radar modernization programs.

Key Market Insights

Market Dynamics

Growth Drivers

  1. Rising Defense Expenditure Globally – Nations such as the U.S., China, and India are prioritizing radar system procurement to strengthen national security.
  2. Next-Generation Radar Technologies – Development of over-the-horizon radars, phased array radars, and long-range detection systems is boosting adoption.
  3. Modernization of Existing Platforms – Military programs worldwide are upgrading naval, airborne, and land-based radar capabilities to counter evolving threats.

Restraining Factors