"Smart Market Solutions to Help Your Business Gain Edge over Competitors"

Air and Missile Defense Radar Market Size, Share, Growth & COVID-19 Impact Analysis, By Platform (Airborne, Land, and Naval), By Radar Type (X Band Radars and S Band Radars), By Application (Conventional and Ballistics Missile Defense), and Regional Forecast, 2022-2029

Last Updated: May 06, 2024 | Format: PDF | Report ID: FBI102522

 

KEY MARKET INSIGHTS

Play Audio Listen to Audio Version

The global air and missile defense radar market size was valued at USD 6.62 billion in 2021. The market is projected to grow from USD 7.04 billion in 2022 to USD 10.99 billion by 2029, exhibiting a CAGR of 6.57% during the forecast period. The COVID-19 pandemic has been unprecedented and staggering, with air and missile defense radars experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. Based on our analysis, the global market exhibited a decline of 36.51% in 2020 as compared to 2019.

WE ARE IN THE PROCESS OF REVAMPING Air and Missile Defense Radar Market WITH RESPECT TO RUSSIA-UKRAINE CONFLICT

Request Sample

Armed forces across the globe utilize the air and missile defense radars to track aircraft, jets, destroyers, UAVs, weapon-carrying vehicles, and many more. Radars usually operate on a broad range of frequency bands such as HF, P, UHF, L, S, C, Ku, K, Ka, and many more. The frequencies of these bands range from 3 MHz to over 110 GHz. The air and missile defense radars consist of X band and S band radars only. X band usually comes with a smaller antenna and can be utilized over smaller platforms such as boats, aircraft, and so on. S band radars are utilized for specific applications to track targets in harsh environmental conditions. The S band radars' antenna is larger than the X band radars antenna. SPY-6 is a well-known AMDR system developed by Raytheon Technologies, which comes in several variants having X band, S band, or both frequencies.


COVID-19 IMPACT


COVID-19 Hampered the Procurement and Delivery Schedule of AMDR


COVID-19 has significantly disrupted the global market. Many nations have revisited their procurement plans and changed their priorities on account of the COVID-19 pandemic. The OEMs have also faced major challenges in completing ongoing projects as per the schedule due to COVID-19 related restrictions. For example, the U.S. faced a delay of nearly one year in the delivery of the Long Frequency Discrimination Radar (LRDR). Lockheed Martin was the prime contractor under procurement. Under a deal of USD 466 million, Israel also faced a nearly one-year delay in the procurement of INS Magen from Germany. To mitigate these kinds of challenges in the future, governments have initiated several policy measures such as Production Linked Incentive (PLI) and Military-Civil Fusion.


LATEST TRENDS


Request a Free sample to learn more about this report.


Technological Advancements in Fully/Hybrid Digital Beam Forming will Propel the Market Growth


Recent technological advancements in AMDR are the implementation of fully/hybrid beam forming for tracking targets in azimuth and elevation. The analog to digital converters installed in radars enhanced the range of target detection and operating flexibility compared to conventional radars. Developments in Gallium Nitride (GaN) paved the way for affordable, lightweight, and compact systems for AMDR. The quest to track more targets simultaneously has led to the development of high-density arrays installed over radars. This enables the radar to operate in a broad range of frequencies with enhanced operational efficiency.


DRIVING FACTORS


Developments in Hypersonic Missiles will Pave the Way for Advanced Air and Missile Defense Radars


Recent advancements in hypersonic missiles by countries such as the U.S., China, and Russia have posed major challenges to the detection of such high-speed objects before the impact. Other countries, such as India, Japan, Germany, France, and Australia, have also invested in the development of hypersonic missiles. In March 2022, Russia claimed to utilize hypersonic missiles against Ukraine. The Russian hypersonic missile has the capability to reach a top speed of Mach 10 and range over 1900 kilometers. The Chinese variant of a hypersonic missile is said to have a top speed of Mach 12 and a range of 1,500 kilometers. In October 2022, China claimed to develop a smaller variant of the existing hypersonic missile that can be launched through aircraft. To counteract such threats, countries across the globe have tested several measures. For example, the U.S. had tried to use a combination of SPY-6 radar and SM-6 missiles. Therefore, advancements in hypersonic missiles will catalyze the growth of technologically advanced air and missile defense radars.


Increasing Cross-border Tensions and Rising Defense Budget for Air and Missile Defense Radars to Catalyze the Growth of Market


Over the last decade, increasing cross-border conflicts, such as a conflict between China-Taiwan, Russia-Ukraine, Israel-Palestine, and many more, have changed governmental strategies of neighboring countries as well. For instance, in June 2022, the government of Canada planned to invest USD 4.9 billion to strengthen decade-old radar systems across Canada. Besides new procurements, countries have also started collaborating with each other to have a strategic advantage over rivalries. For example, in September 2022, the Indian government urged Bangladesh to speed-up the installation of coastline radars in Bangladesh. India had offered USD 500 million lines of credit to Bangladesh for the same in October 2019. Hence, rising conflicts have increased the demand for AMDR across the globe.


RESTRAINING FACTORS


Component Failures, Design Limitations, and Increased Costs of Maintenance & Upgrade Restrain Market Growth


Radar systems need to have higher operational efficiency, compatibility with different platforms, user-oriented advanced systems, and a broad frequency band. Sometimes, radars have to operate in harsh environmental conditions, which may lead to the failure of onboard components. For example, the U.S. Department of Defense has requested nearly USD 200 million for the upgrade, repair, and maintenance of 12 radars under Ballistic Missile Defense Systems (BMDS) program for FY 2023.


Besides repair and maintenance, the North Atlantic Treaty Organization (NATO) reformed the military standards for radar systems in 2020. So, to match NATO standards, all the members have to install/update new capabilities to allow full interoperability during joint operations with other NATO countries. Therefore, evolving military standards and maintenance costs of defense radars may hamper the Air and Missile Defense Radar Market growth.


SEGMENTATION


By Platform Analysis


To know how our report can help streamline your business, Speak to Analyst


Ground-based Air and Missile Defense Radars to be the Fastest Growing due to Higher Demand


By platform, the market is divided into airborne, land, and naval. In 2021, the naval segment dominated the market by having the air and missile defense radar market largest share. Land-based radars are estimated to be the fastest growing during the forecast period due to higher demand from Canada, Taiwan, Japan, India, and many more. The airborne segment is also anticipated to grow marginally due to higher demand for new fighter jets and the upgrade of onboard radars across the globe.



  • In July 2022, the Irish government announced to spend USD 200.84 million for the procurement of land-based defense radars.

  • In July 2022, the U.K. Air Force announced to invest nearly USD 2.8 billion to upgrade its fleet of Eurofighter Typhoon jets with ECRS Mk2 radars.


By Radar Type Analysis


Rising Demand for Long Range Radars will Boost Growth of S band Radars


Based on radar type, the market is divided into X band radars and S band radars. The S band segment is expected to be the fastest growing in the forecast period due to its technological advantage over X band radars. In April 2022, the U.S. awarded a five-year contract worth USD 3.2 billion to Lockheed Martin for AN/TPQ 53 radar. The X band segment is also anticipated to grow notably during the forecast period. In September 2022, Iran planned to install a horizon radar having 3,000 km of range.


By Application Analysis 


Ballistic Missile Defense to be the Fastest Growing during the Forecast Years due to Rising Ballistics Missiles Threats


Based on application, the market is divided into conventional and ballistic missile defense. The ballistic missile defense segment is projected to grow at the highest CAGR over the period of 2022-2029. Technological advancements in ballistic missiles and the rising use of such weapons will propel the growth of the segment. In March 2022, under a contract worth USD 700 million, the U.K. announced the procurement of one S band ballistic missile defense radar from the U.S. Conventional radars are expected to grow marginally due to increased investment from defense agencies across the globe. For instance, after the Russia-Ukraine war, several European countries have accelerated the procurement of air defense systems. Germany was the first country to buy an Arrow 3 missile interceptor from Israel after the war. The Czech Republic and several other countries are also planning to buy the Iron Dome system from Israel.


REGIONAL INSIGHTS


North America Air and Missile Defense Radar Market Size, 2021 USD Billion)

To get more information on the regional analysis of this market, Request a Free sample


The global market is segmented into North America, Europe, Asia Pacific, the Middle East & Africa, and South America.


North America is estimated to be the largest market. Land-based radars in North America are anticipated to be the fastest-growing in the region. Canada announced to invest USD 4.9 billion in improving the radar defense system across Canada. The growth of the naval segment is attributed to a higher investment of the U.S. navy in the procurement and upgrade of a fleet of destroyers. In April 2022, the U.S. Navy announced to equip every warship with SPY-6 radars to track missiles and planes.


The Asia Pacific market is expected to be the fastest-growing market due to higher defense spending by countries such as China, India, and Japan. Along with the defense budget, rising cross-border tensions between China-Taiwan, India-China, South & North Korea, and so on will propel the growth of the market in the forecast period. In August 2022, Taiwan signed a contract worth USD 83 million with the U.S. for Patriot 3 air defense system. Under the contract, existing systems would be upgraded from Patriot-2 to Patriot-3, having long-range missiles.


The Europe market is estimated to be the second largest market in 2021 and is expected to grow notably on account of increasing procurements of radars as a precautionary measure against Russia-Ukraine war-like situation. In March 2022, France appointed Indra to supply PSR2 radars at three air bases located in France. PSR2 is an S band radar, and it can also operate in rugged terrain and poor weather conditions.


In the Middle East & Africa region, countries such as the UAE, Saudi Arabia, and Israel have emerged as potential markets and catalyzed the growth of radars in the region. In September 2022, Iraq inaugurated GM400 defense radar manufactured by Thales. GM400 is an S band radar with a range capability of 470 kilometers.


The South America region is expected to grow at a significant rate due to procurements from Brazil, Argentina, Colombia, Chile, and other countries. In September 2022, the Brazilian Army received two SABER M60 radars from Embraer, which can track 60 targets at a time with a range of 60 kilometers.


KEY INDUSTRY PLAYERS


Key Market Players are Focused on Providing Advanced Air and Missile Defense Radars


The competitive landscape and the continuously evolving market is consolidated in nature due to the presence of major players such as Thales Group, Israel Aerospace Industries, Lockheed Martin, Leonardo SPA, and Northrop Corporation. These major players are focusing on providing an advanced and compact AMDR for simultaneous tracking of multiple targets.


LIST OF KEY COMPANIES PROFILED IN THE REPORT:



KEY INDUSTRY DEVELOPMENTS:



  • In October 2022, the U.S. announced the sale of the National Advanced Surface-to-Air Missile System (NASAMAS) to Kuwait at USD 3 billion. NASAMAS will be manufactured by Kongsberg Defense and Aerospace and Raytheon Technologies.

  • In July 2022, the Defense Ministry of U.K. planned to spend USD 2.7 billion to upgrade radars and other systems on Typhoon jets. Typhoon jets will be upgraded with ECRS Mk 2 radars.

  • In May 2022, India claimed to procure 12 Swathi radars for tracking and surveillance of weapons near the India-China border. Swathi has the capability to track shells, mortars, and rockets within 50 kilometers of range.

  • In April 2021, Germany injected over USD 126 million to install a radar warning system on its Tornado fleet of fighter aircraft.

  • In March 2022, the U.K. announced the procurement of Ballistic Missile Defense Radar (BMDR) as a part of a USD 700 million deal from the U.S. Lockheed Martin is the prime contractor of this deal.


REPORT COVERAGE


An Infographic Representation of Air and Missile Defense Radar Market

To get information on various segments, share your queries with us



The research report covers detailed information on the global market and focuses on aspects such as product types, recent developments, and key players. The report also provides insights into market trends in radar technologies, market competition, and market conditions by considering several ongoing and upcoming factors. Besides the above factors, the report has included several other factors to estimate the global market size.


Report Scope & Segmentation


















































  ATTRIBUTE



  DETAILS



Study Period



2018-2029



Base Year



2021



Estimated Year



2022



Forecast Period



2022-2029



Historical Period



2018-2020



Unit



Value (USD Billion)



Segmentation



By Platform, By Radar Type, By Application, and By Region



By Platform



  • Airborne

  • Land

  • Naval



By Radar Type



  • X Band Radars

  • S Band Radars



By Application



  • Conventional

  • Ballistic Missile Defense



By Region



  • North America (By Platform, By Radar Type, By Application, and By Country)

    • U.S. (By Platform)

    • Canada (By Platform)



  • Europe (By Platform, By Radar Type, By Application, and By Country)

    • U.K. (By Platform)

    • Germany (By Platform)

    • France (By Platform)

    • Italy (By Platform)

    • Russia (By Platform)

    • Rest of Europe (By Platform)



  • Asia Pacific (By Platform, By Radar Type, By Application, and By Country)

    • China (By Platform)

    • Japan (By Platform)

    • India (By Platform)

    • South Korea (By Platform)

    • Rest of Asia Pacific (By Platform)



  • Middle East & Africa (By Platform, By Radar Type, By Application, and By Country)

    • UAE (By Platform)

    • Saudi Arabia (By Platform)

    • Israel (By Platform)

    • Rest of Middle East & Africa (By Platform)



  • South America (By Platform, By Radar Type, By Application, and By Country)

    • Brazil (By Platform)

    • Argentina (By Platform)

    • Rest of South America (By Platform)








Frequently Asked Questions

Fortune Business Insights stated that the global market size was USD 6.62 billion in 2021 and is projected to reach USD 10.99 billion by 2029.

Registering a CAGR of 6.57%, the market will exhibit rapid growth during the forecast period.

The ballistic missile defense segment is expected to be the fastest-growing segment during the forecast period.

Thales Group, Lockheed Martin, IAI, Leonardo, and Northrop Corporation are the leading players in the global market.

North America topped the market in terms of share in 2021.

Seeking Comprehensive Intelligence on Different Markets?
Get in Touch with Our Experts

Speak to an Expert
  • 2018-2029
  • 2021
  • 2018-2020
  • 213

Personalize this Research

  • Granular Research on Specified Regions or Segments
  • Companies Profiled based on User Requirement
  • Broader Insights Pertaining to a Specific Segment or Region
  • Breaking Down Competitive Landscape as per Your Requirement
  • Other Specific Requirement on Customization
Request Customization Banner

Client Testimonials

“We are quite happy with the methodology you outlined. We really appreciate the time your team has spent on this project, and the efforts of your team to answer our questions.”

- One of the largest & renowned medical research centers based in the U.S. on a report on the U.S. NIPT Market.

“Thanks a million. The report looks great!”

- Feedback from a consultant on a report on the U.S. Beef Market.

“Thanks for the excellent report and the insights regarding the lactose market.”

- Brazil based company specializing in production of protein ingredients.

“I liked the report; would it be possible to send me the PPT version as I want to use a few slides in an internal presentation that I am preparing.”

- Global Digital Services Agency on a report on the Global Luxury Goods Market.

“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”

- U.S.-based biotechnology company focussing on treatment of chronic pain.

“Kudos to your team. Thank you very much for your support and agility to answer our questions.”

- Europe-based provider of solutions to automate data centre operations.

“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”

- India-based manufacturer of industrial and specialty intermediates with a strong global presence.

“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”

- One of the largest cosmetics company in the world.

“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”

- U.S. based startup operating in the cultivated meat market.

“We received the below report on the U.S. market from you. We were very satisfied with the report.”

- Global hearing aids manufacturer.

“I just finished my first pass-through of the report. Great work! Thank you!”

- U.S. based solar racking solutions provider.

“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”

- World’s leading advisory firm.

“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”

- Germany based machine construction company.

“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”

- Japanese manufacturing company of stationery products.

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.
X