Digital Radar Market Size, Share & Trends

Digital Radar Market Size & Growth

[216 Pages Report] The digital radar market is projected to grow from USD 5.9 billion in 2024 and is expected to reach USD 13.7 billion by 2029, growing at a CAGR of 18.2% from 2024 to 2029. The integration of digital radar in defense operations is one of the key factors leading to the emergence of the digital radar market. The effective detection and response to possible threats is made possible by the presence of a strong knowledge of the situation in the military. Modern radar technology is able to detect many different objects because of its high accuracy and comprehensive view, regardless of the place and mission. Since digital radar employs cutting-edge algorithms of signal processing and high-resolution images, it's one of the best systems that can offer better accuracy or reliability as far as the detection and tracking of objects both airborne and surface are concerned.

The objective of the report is to define, describe, and forecast the digital radar market based on type, dimension, application, vertical, and region.

Digital Radar Market Forecast to 2029

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Digital Radar Market Treds & Dynamics

Drivers: Rising demand of digital radar for enhanced weather detection and monitoring

Weather detection and monitoring demands accurate atmospheric condition data in present, including the fact of precipitation happening, the power of storms themselves, and the system for traveling of meteorological phenomena. It has been estimated that on daily basis National Oceanic and Atmospheric Administration (US) transmits approximately 5.4 gigabytes while uploading 15.9 gigabytes from other countries world-wide. Digital radar is significant since it offers precise and timely feedback because of having advanced sensing abilities to help in different fields.

Restraint: High development cost

The R&D and manufacturing of digital radar system is very expensive. Various stakeholder investments are needed in the value chain stages among them are R&D, manufacturing, system integration, and assembly. These radar security systems target short range, medium range, and long range. An operational frequency band is chosen according to one which is appropriate for any application range. Digital radar systems cost a lot to develop because they require high technology and specialized parts like strong signal processors, complex data interpretation algorithms and high-frequency transceivers.

Opportunity: Growth of unmanned aerial vehicles

For both military and civilian devices, unmanned aerial vehicles (UAV) have become a routine application. China, Russia, and Israel are developing drones and other UAV types which they use for intelligence collection, surveillance missions and reconnaissance purposes. Combat UAVs, such as the Predator and the Heron, have been developed by the US and Israel, respectively. UAVs have witnessed tremendous demand in the last few years owing to their cost-efficient and low-risk operations. Digital radars provide precise object detection, tracking, and collision avoidance capabilities. These capabilities are essential for enabling UAVs to navigate complex environments autonomously and avoid obstacles such as other aircraft, terrain, and buildings

Challenge: Electromagnetic jamming and interface issue

Jamming radar signals using electro magnetic energy is a big issue for the market. It is a form of war increasingly used when one party emits high frequency signals aimed at interfering with visual signals from radars. New jamming employs high energy signals to overrun the radar receiver thus decreasing its performance capability. Its primary goal is to reduce the efficiency of electronic radars, including false target generation and noise jamming. In July 2023, the US Air Force gave Southwest Research Institute (SwRI) USD 4.8 million contract for identifying and responding to hostile radar signals that could threaten US military airplane safety.

Digital Radar Map/Ecosystem:

Market for safety segment is expected to witness higher CAGR during the forecast period.

The rise in the use of digital radar industry in the automotive sector is one of the key driving factors for the digital radar market in safety application. The radar sensor sees objects on the road, and the vision sensor uses a camera to see ahead. DENSO CORPORATION (Japan), a leading mobility supplier, has unveiled a new product known as the Global Safety Package 3, which includes an improved sensing capability that enhances vehicle safety. To create a safer driving experience for all drivers, DENSO has developed an advanced safety technology that incorporates both millimeter wave radar sensors (MWR) and optical visual sensors into one device for use in cars.

Market for military & defense segment is expected to account for largest market share in the digital radar market during the forecast period.

The segment is driven by the need for enhanced threat detection and surveillance capabilities in order to guarantee national safety, supported by rising military expenditures. Technological advancements in digital radar systems, including improvements in signal processing and data analytics, further boost adoption, allowing for superior accuracy and range in monitoring airspace and detecting potential threats.

The 4D segment in the digital radar market to witness higher CAGR during the forecast period.

The 4D segment to witness high growth rate in the digital radar market due to its superior capabilities and wide-ranging applications of the 4D radar segment. 4D radar adds time as the fourth dimension, which makes it more precise and gives a better spatial awareness when compared with traditional radar systems that only have range data, angles, and velocity

Digital radar market in the Asia Pacific region is expected to witness higher CAGR during the forecast period.

The market in the Asia Pacific region is driven by high growth in the automotive sector. The increase in use of ADAS to improve vehicle safety within countries like China, and Japan among others is one of the key factors boosting the growth of the automotive sector in this region. As a result, digital radar benefits the robust automotive industry coupled with increasing attention towards safety features.

Digital Radar Market by Region

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Top Companies Digital Radar Market - Key Market Players

Major vendors in the digital radar companies include are

• Lockheed Martin Corporation (US),
• Thales (France), Indra (Spain),
• Leonardo S.p.A. (Italy),
• Bharat Electronics Limited (India),
• Advanced Micro Devices, Inc. (US),
• Magna International Inc. (Canada),
• NXP Semiconductors (Netherlands),
• Saab AB (Sweden), and
• Uhnder (US), among others.

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Scope of the Report

Digital Radar Market Highlights

This research report categorizes the digital radar market based on type, dimension, application, vertical, and region.

Recent Developments

• In April 2024, Thales (France) partnered with the Dutch Defense Ministry to hand over seven more Ground Master 200 Multi-Mission Compact (GM200 MM/C) radars. These highly mobile GM200 MM/C radars broaden the operational picture through advanced detection, tracking, and classification of different threats including drones, missiles, and aircraft.
• In May 2023, Indra (Spain) developed the V2i version of S3TSR radar. The radar's detection and tracking capabilities are getting better. This will increase its capacity up to sixteen times. Smaller objects and ballistic missile tracking will be possible due to the improvements made.
• In February 2023, Bharat Electronics Limited (India) and Israel Aerospace Industries (Israel) are forming a joint venture to provide product support for India's Defence Forces. This include radars and the MRSAM air-defence system. The partnership aims to establish a single point of contact for maintenance and technical support, enhancing the Make in India initiative.

Critical questions answered by this Report:

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