Surface Radars Market Size, Share and Trends

Report Code AS 9177
Published in Oct, 2024, By MarketsandMarkets™
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Surface Radars Market by Platform (Critical Infrastructure, Vehicle-Mounted, Shipborne, Unmanned Surface Vehicles), Application (Surveillance, Air-Defense, Perimeter Security, Battlefield ISR), Frequency Band, Dimension - Global Forecast to 2029

Surface Radars Market Size, Share & Growth

The surface radars market is projected to grow from USD 17.26 billion in 2024 to USD 22.49 billion by 2029 at a CAGR of 5.4%. In terms of volume, the market is projected to grow from 4690 units in 2024 to 6113 units by 2029. Surface radars strengthen countries’ defense sector by offering high-performance detection, surveillance, and communication capabilities. This helps the countries strengthen their land- and sea-based missions. Employed in defense and civil operations, these autonomous radar systems are reliable and require minimum human assistance or intervention.

Surface radars play a vital role in real-time threat detection. They enhance border security, air defense, and naval surveillance; protect strategic infrastructure; secure national assets; and minimize threats. These benefits have been driving their demand globally, offering enormous opportunities for the growth of market players. As a result, many countries have increased their defense spending on radar systems.

Major players in the surface radars market are RTX (US), L3Harris Technologies, Inc. (UK), Israel Aerospace Industries (Israel), Thales (France), Leonardo S.p.A (Italy), and Lockheed Martin Corporation (US).

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ASIA PACIFIC

Countries like India, Japan, South Korea, and Australia are ramping up defense budgets to modernize military capabilities, particularly in response to the rising regional tensions and geopolitical challenges in Asia Pacific.

Increasing use of surface radars for air traffic control, weather monitoring, and disaster management is boosting their adoption across sectors.

The surface radars market in Asia Pacific is projected to be valued at USD 6.75 billion by 2029. It is projected to grow at a CAGR of 5.4% during the forecast period.

Governments in Asia Pacific are increasingly focusing on developing indigenous radar technologies to reduce dependency on foreign suppliers and strengthen their defense industries.

The growing technological expertise and manufacturing capabilities of surface radars has facilitated the production of advanced radar systems in Asia Pacific.

Surface Radars Market Trends & Dynamics

DRIVER: Need for enhanced drone detection systems at airports

Drones threaten the security of airports, aircraft, and passengers. The use of stealth technology in these drones increases the threat level, as it enables these drones to breach radar coverage at airports. In recent years, many instances of unidentified drones flying over restricted airspaces have been reported, raising security concerns. One such incident was reported at Gatwick Airport (UK) in December 2018. This incident led to a temporary shutdown of the airport, grounding the incoming and outgoing flights for over 24 hours, which led to economic losses for airliners. A total of 760 flights carrying approximately 110,000 passengers were affected during this temporary shutdown. According to the article in ‘The Verge,’ in December 2018, 13 such incidents were reported across the US, Switzerland, Germany, Austria, New Zealand, and the UK. This increased concern regarding the safety and security of airports and passengers has driven countries to adopt enhanced security surveillance systems at airports. In May 2024, International Airport Kortrijk-Wevelgem, Belgium, installed a new drone detection system. Also, in March 2024, The Instituto Dominicano de Aviación Civil (IDAC) awarded a contract to Thales to install a new co-mounted STAR NG Primary Surveillance Radar and RSM NG Secondary Surveillance Radar at Cibao International Airport. Likewise, many small and large players operating in the airspace security sector have undertaken product enhancements covering radars, camera detection systems, radio frequency detection systems, and jamming technologies. Many airports globally have installed new-generation, primary, and secondary radar systems and specialized drone detection technologies, which are crucial in maintaining efficient air traffic control and supporting research and development. The developments and enhancements underscore the urgency of airports to improve surveillance capabilities for the safety of passengers and aircraft.

RESTRAINT: Inadequate R&D funding

The development and deployment of surface radar systems necessitate multiple R&D efforts, which adds to the overall cost of procurement. The production and maintenance of radars and their integration with fire control systems, command centers, missile systems, and anti-aircraft weaponry put a financial strain on the defense budgets of manufacturers. These surface radars require integrated subassemblies that offer multifunctionality, minimum power dissipation, and low weight, which also leads to increased cost and financial strain on the defense budgets of players. The high cost restricts the access of defense establishments to advanced, state-of-the-art surface radar systems.

The need for innovation in military electronics to meet the changing design and performance requirements necessitates upgrading radar systems, which also puts a financial burden on manufacturers that want to incorporate technological advancements in the research, development, and production stages. Defense agencies, especially those in emerging markets, often experience the impact of these budgetary constraints as they limit their scope to modernize weaponry and defense mechanisms. These financial barriers, compounded with the increasing complexity of advanced radar systems, restrict the growth of defense players.

 

OPPORTUNITY: Advancements in hardware and software integration in radar technology

Advanced systems, such as software-defined radios and synthetic aperture radars, enhance the performance of commercial and military surveillance systems by facilitating a high rate of detection and eliminating false alarms at locations. Advanced devices help countries strengthen border protection by detecting border encroachment, drug trafficking, and illegal immigration. With the increasing need for advancements in surveillance systems, the defense sector worldwide is opening many doors for the growth of defense companies. Many defense players in recent years have indulged competitively to exploit these market opportunities. For example, in August 2020, JSC Radar MMS (Russia) developed a robotic helicopter-based search and rescue radar for military and commercial applications.

Advancements in radar technology are also necessitated by the need to identify and analyze critical information collected by radars. This information is needed by defense forces to achieve efficient situational awareness during combat operations. Advanced radar devices and technologies validate situational awareness intelligence, predicting the success of land, air, and naval operations. Surface radars with advanced ISR technologies, such as command and control capabilities, facilitate real-time decision-making by studying air, ground, and maritime operations to gauge combatants’ situational awareness. The data gathered enables strategic measures to strengthen defense operations

CHALLENGES: Vulnerability of radars to new jamming techniques

The need for modern defense systems and technologies has led to significant improvements in the use of radar jamming techniques. Radar jamming entails intentionally emitting radio frequency signals to disrupt an enemy’s radar operations by creating noises in their receivers. Two primary techniques are used in radar jamming. These are the noise technique and the repeater technique. Despite their efficiency as a tool in defense combat operations, these jamming techniques are not fully compatible with surface radars due to their limited range, small size, and mobile nature. New electronic radar jamming techniques utilize interfering signals that block the receiver with highly concentrated energy signals, preventing the signal from reaching the surface radar and impeding its effectiveness. To address the vulnerability of surface radars to jamming techniques, key defense manufacturers are focusing on introducing improvements and developments. In 2019, the US Army awarded BAE Systems (UK) a contract to develop and supply advanced radar jamming technology to enhance air survivability and mission effectiveness for the Army’s rotary-wing aircraft and unmanned aerial systems. Under this contract, the company would undertake research and development to integrate adaptive radio frequency jamming and sensing capabilities. Such innovative radar frequency jamming technologies are expected to prompt surface radar providers to improve their products to maintain operational efficiency.

Surface Radars Market Ecosystem Analysis

Key players in the surface radars market are involved in designing and producing surface radars for military branches, defense agencies, and government research organizations. Some of the key players profiled in this study are Lockheed Martin, RTX, Thales, Bharat Electronics, and BAE Systems. These players dominate the design and production of radar systems. Moreover, a rise in demand from investors, academicians, integrators, and providers of services fuels the research, investment, and absorption of technology in the surface radars market ecosystem, boosting the global demand for high-end radar systems. Major end-users of surface radar systems include the US Navy and Indian Armed Forces.

 

By platform, the unmanned surface vehicles segment is projected to achieve the highest CAGR during the forecast period

The unmanned surface vehicles segment is projected to achieve the highest CAGR in the surface radars market, by platform, during the forecast period. This anticipated growth is triggered primarily by the increasing demand for autonomous solutions in military applications.

Surface radars enhance the working and control capabilities of USVs by equipping them with advanced detection, tracking, and surveillance functionalities. In light of the high mobility and unmanned nature of USVs, radar systems need to be accurate in charting complex maritime environments and accomplishing critical missions, such as ISR, mine detection, and anti-submarine warfare. Surface radars also enhance the autonomous decision-making capabilities of USVs by providing them with real-time information on possible threats or hazards, obstacles, and other proximate vessels to ensure the safety and success of missions. Additionally, integrating surface radar systems with USV navigation platforms enhances their scope for autonomous operations, detecting potential collisions, and enhancing obstacle avoidance capability. Since surface radars are flexible due to their ability to support various mission profiles, including anti-piracy operations and environmental monitoring, they bolster the capabilities and operational efficiency of USVs, underscoring their necessity and utility in military operations requiring stealth and secrecy.

By application, the surveillance segment is projected to grow at the highest CAGR during the forecast period

By application, the surveillance segment is projected to grow at the highest CAGR during the forecast period. This projection can be attributed to the increasing demand for high-performance radar systems that offer real-time monitoring, accurate threat detection, and precision targeting. Defense and homeland security forces worldwide want to modernize their surveillance capabilities to strengthen national security frameworks. This trend necessitates the need for complex systems, such as surveillance radars. These radars give early warnings, allowing timely detection and prompting the elimination of threats. They are widely used in border protection, coastal surveillance, and airspace management. They are also used in critical infrastructure, covering airports, power plants, and governmental institutions.

In recent years, the rising geopolitical tensions have threatened the national security of many countries. This has necessitated the enhancement of and advancements in their existing radar systems, propelling the growth of the surveillance radars segment. With the increase in defense spending globally, this trend is expected to gain momentum as these countries continue to focus on equipping themselves with advanced defense mechanisms. Moreover, with the ongoing technological advancements in surveillance radars to achieve increased resolution and enhanced tracking capabilities, as well as their integration with artificial intelligence, the operational performance of surveillance radars is expected to improve, rendering them indispensable for modern defense strategies.

Asia Pacific is Projected to Account for the Largest Share During the Forecast Period

The Asia Pacific region is projected to account for the largest share of the surface radars market during the forecast period. This projected growth can be attributed to the high geopolitical tensions prevailing, territorial disputes, and regional conflicts in India, Japan, Australia, and South Korea. All these challenges have forced governments in the region to invest heavily in high-tech surveillance and defense technologies to boost national security. Additionally, the requirement for comprehensive air, naval, and land surveillance systems has increased the demand for state-of-the-art surface radars in the region.

Asia Pacific is embarking on substantial military modernization programs to elevate its defense capabilities. Acquiring state-of-the-art radar technologies is a vital component of these programs. Under these programs, many countries have collaborated with Asia Pacific countries to develop state-of-the-art defense radar systems. Much emphasis was placed on countries along the coastlines and strategic sea lanes (like Australia and South Korea), where national security is pre-empted by the strategic imperative of ASW and coastal surveillance systems, which determine the security of maritime trade routes. The increased attention of local players toward national security and large-scale naval deployments makes Asia Pacific a critical market for surface radars.

HIGHEST CAGR MARKET IN 2024-2029
INDIA FASTEST-GROWING MARKET IN THE REGION

Recent Developments of Surface Radars Market

  • In August 2024, the US Army awarded a contract worth USD 2.1 billion to RTX to start low-rate initial production of the Lower Tier Air and Missile Defense Sensor (LTAMDS) in Poland. LTAMDS would be a next-generation radar with 360-degree coverage over the threat environment.
  • In June 2024, Raytheon, a business unit of RTX, secured a contract modification for USD 677 million from the US Navy for the production of AN/SPY-6 (V) radars. This modification represented the third option exercised by the Navy under a potential contract valued at USD 3.2 billion. The contract was initially awarded in 2022, covering SPY-6 radar hardware, production, and sustainment support services. The new award would facilitate the delivery of seven additional radars, increasing the total number of procured SPY-6 systems to 38.
  • In May 2024, Leonardo DRS, Inc. announced that it had secured a contract from the Naval Sea Systems Command (NAVSEA) to provide design agent and engineering services for the AN/SPQ-9B radar system.
  • In August 2023, L3Harris Technologies, through the ATHENA-R program, partnered with MAG Aerospace to enhance the US Army’s aerial ISR mission capabilities.
  • In April 2022, Israel Aerospace Industries collaborated with Hyundai Heavy Industries to deliver ALPHA 3D radar systems to the Philippine Navy for integration onto new Corvette ships.

Key Market Players

Scope of the Surface Radars Market

Report Attribute Details
Market size available for years 2020-2029
Forecast units Value (USD)
Segments Covered By platform, application, range, frequency, dimension, component, waveform
Geographies covered North America, Europe, Asia Pacific, Middle East, and the Rest of the World

Key Questions Addressed by the Report

What is the current size of the surface radars market?
The surface radars market is projected to reach USD 22.49 billion by 2029, growing from USD 17.26 billion in 2024 at a CAGR of 5.4%.
Who are the winners in the surface radars market?
RTX (US), BAE Systems (UK), Thales (France), Leonardo S.p.A (Italy) and Lockheed Martin Corporation (US) are the winners in the surface radars market.
What are some of the technological advancements in the market?
  • The adoption of ESA technology has been a giant stride in the enhancement of radar systems. It helps radar systems scan, detect, and track multiple targets.
  • Synthetic Aperture Radars (SAR) facilitate high-resolution imaging of objects in adverse weather conditions or at night. They are used for surveillance, reconnaissance, terrain mapping, and target identification missions.
  • Modern radars are being developed to perform multi-functional roles in land, sea, air, and space domains. These radars are equipped with modern systems integrating air traffic control, weather monitoring, and missile defense functions in a single system. These modern radars support defense operations across sectors.
  • In recent years, AI and machine learning algorithms have begun to be employed in the defense sector. They enhance the automatic target recognition, data processing, and decision-making capabilities of radar systems.
What are the factors driving market growth?
  • Growth in military expenditure by governments
  • Adoption of AESA radars, synthetic aperture radars, and AI-driven radar systems
  • Use of USVs in naval surveillance, mine countermeasures, and ISR missions
  • Increasing attacks from ballistic and cruise missiles, driving the need for missile defense systems integrated with radar technologies
Which region is projected to account for the largest share of the surface radars market during the forecast period?
Asia Pacific is projected to account for the largest share (30.1%) of the surface radars market during the forecast period.

 

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Table of Contents

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TITLE
PAGE NO
INTRODUCTION
1
RESEARCH METHODOLOGY
8
EXECUTIVE SUMMARY
18
PREMIUM INSIGHTS
25
MARKET OVERVIEW
35
  • 5.1 INTRODUCTION
  • 5.2 MARKET DYNAMICS
    DRIVERS
    RESTRAINTS
    OPPORTUNITIES
    CHALLENGES
  • 5.3 VALUE CHAIN ANALYSIS
  • 5.4 TRENDS/DISRUPTION IMPACTING CUSTOMER’S BUSINESS
  • 5.5 CASE STUDY ANALYSIS
  • 5.6 PRICING ANALYSIS
  • 5.7 ECOSYSTEM ANALYSIS
    PROMINENT COMPANIES
    PRIVATE AND SMALL ENTERPRISES
    END USERS
  • 5.8 TRADE ANALYSIS
  • 5.9 KEY CONFERENCES & EVENTS IN 2024-25
  • 5.10 REGULATORY LANDSCAPE
    REGULATORY BODIES, GOVERNMENT AGENCIES AND OTHER ORGANIZATIONS
  • 5.11 KEY STAKEHOLDERS & BUYING CRITERIA
    KEY STAKEHOLDERS IN THE BUYING PROCESS
    BUYING CRITERIA
  • 5.12 TECHNOLOGY ANALYSIS
    KEY TECHNOLOGY
    COMPLEMENTARY TECHNOLOGY
  • 5.13 OPERATIONAL DATA
  • 5.14 BILL OF MATERIALS
  • 5.15 TOTAL COST OF OWNERSHIP
  • 5.16 BUSINESS MODEL
  • 5.17 INVESTMENT AND FUNDING SCENARIO
  • 5.18 IMPACT OF AI
INDUSTRY TRENDS
40
  • 6.1 INTRODUCTION
  • 6.2 TECHNOLOGY TRENDS
  • 6.3 IMPACT OF MEGATRENDS
  • 6.4 TECHNOLOGY ROADMAP
  • 6.5 PATENT ANALYSIS
SURFACE RADARS MARKET, BY PLATFORM (MARKET SIZE IN USD MILLION)
45
AIRPORTS
SEAPORTS
POWER PLANT (NUCLEAR, THERMAL, RENEWABLE)
MILITARY BASES AND COMMAND CENTER
OIL & GAS PRODUCTION SITES
  • 7.1 VEHICLE MOUNTED
    MILITARY
    COMMERCIAL
  • 7.2 SHIPBORNE
    MI LITARY
    COMMERCIAL
  • 7.3 UNMANNED SURFACE VEHICLES
    COMMERCIAL
    MILITARY
  • 7.4 OTHERS (COASTAL AND PORTABLE)
SURFACE RADARS MARKET, BY APPLICATION (MARKET SIZE IN USD MILLION)
47
  • 8.1 INTRODUCTION
  • 8.2 SURVEILLANCE (AIRSPACE MONITORING, VESSEL TRAFFIC MANAGEMENT)
  • 8.3 PERIMETER SECURITY
  • 8.4 AIR DEFENSE
  • 8.5 OTHERS (NAVIGATION, ENIRONMENTAL MONITORING )
SURFACE RADARS MARKET, BY RANGE (MARKET SIZE IN USD MILLION)
50
  • 9.1 INTRODUCTION
  • 9.2 VERY SHORT RANGE ( < 10 KM)
  • 9.3 SHORT RANGE (10 KMS TO 50 KM)
  • 9.4 MEDIUM RANGE ( 50KMS TO 200 KM)
  • 9.5 LONG RANGE(> 200 KM)
    SURFACE RADARS MARKET, BY DIMENSION (MARKET SIZE IN USD MILLION)
SURFACE RADARS MARKET, BY DIMENSION (MARKET SIZE IN USD MILLION)
55
  • 10.1 INTRODUCTION
  • 10.2 2D
  • 10.3 3D
  • 10.4 4D
SURFACE RADARS MARKET, BY FREQUENCY BAND (MARKET SIZE IN USD MILLION)
60
  • 11.1 INTRODUCTION
  • 11.2 HF/VHF/UHF
  • 11.3 L-BAND
  • 11.4 S-BAND
  • 11.5 C-BAND
  • 11.6 X-BAND
  • 11.7 KU-BAND
  • 11.8 KA-BAND
  • 11.9 MULTI-BAND
SURFACE RADARS MARKET, BY WAVEFORM (MARKET SIZE IN USD MILLION)
65
  • 12.1 INTRODUCTION
  • 12.2 FREQUENCY-MODULATED CONTINUOUS WAVE (FMCW)
  • 12.3 DOPPLER
    CONVENTIONAL DOPPLER
    PULSE DOPPLER
SURFACE RADARS MARKET, BY TECHNOLOGY (MARKET SIZE IN USD MILLION)
70
  • 13.1 INTRODUCTION
  • 13.2 SOFTWARE-DEFINED RADAR (SDR)
    MULTI INPUT MULTI OUTPUT
    PHASED-ARRAY RADAR
    - AESA
    - PESA
  • 13.3 CONVENTIONAL RADAR
  • 13.4 QUANTUM RADAR
REGIONAL ANALYSIS
75
  • 14.1 INTRODUCTION
  • 14.2 NORTH AMERICA
    PESTLE ANALYSIS: NORTH AMERICA
    MACROECONOMIC OUTLOOK: NORTH AMERICA
    US
    CANADA
  • 14.3 EUROPE
    PESTLE ANALYSIS: EUROPE
    MACROECONOMIC OUTLOOK: EUROPE
    GERMANY
    FRANCE
    ITALY
    UK
    REST OF EUROPE
  • 14.4 ASIA PACIFIC
    PESTLE ANALYSIS: ASIA PACIFIC
    MACROECONOMIC OUTLOOK: ASIA PACIFIC
    INDIA
    JAPAN
    AUSTRALIA
    SOUTH KOREA
    REST OF ASIA PACIFIC
  • 14.5 MIDDLE EAST
    PESTLE ANALYSIS:MIDDLE EAST
    MACROECONOMIC OUTLOOK: MIDDLE EAST
    GCC COUNTRIES
    REST OF THE MIDDLE EAST
  • 14.6 REST OF THE WORLD
    PESTLE ANALYSIS: REST OF THE WORLD
    MACROECONOMIC OUTLOOK: REST OF THE WORLD
    AFRICA
    LATIN AMERICA
COMPETITIVE LANDSCAPE
100
  • 15.1 KEY PLAYER STRATEGIES/ RIGHT TO WIN
  • 15.2 COMPANY OVERVIEW
  • 15.3 MARKET SHARE ANALYSIS
  • 15.4 REVENUE ANALYSIS
  • 15.5 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023
    STARS
    EMERGING LEADERS
    PERVASIVE PLAYERS
    PARTICIPANTS
    COMPANY FOOTPRINT: KEY PLAYERS, 2023
  • 15.6 COMPANY EVALUATION MATRIX: START-UP/SME, 2023
    PROGRESSIVE COMPANIES
    RESPONSIVE COMPANIES
    DYNAMIC COMPANIES
    STARTING BLOCKS
    COMPETITIVE BENCHMARKING: START-UPS/SMES, 2023
  • 15.7 COMPANY VALUATION AND FINANCIAL METRICS
  • 15.8 BRAND/ PRODUCT COMPARISON
  • 15.9 COMPETITIVE SCENARIO
    PRODUCT LAUNCHES
    DEALS
    OTHERS
COMPANY PROFILES
125
  • 16.1 INTRODUCTION
  • 16.2 KEY PLAYERS
    RAYTHEON TECHNOLOGIES CORPORATION
    LOCKHEED MARTIN CORPORATION
    NORTHROP GRUMMAN CORPORATION
    BAE SYSTEMS
    THALES GROUP
    L3HARRIS TECHNOLOGIES CORPORATION
    ELBIT SYSTEMS
    LEONARDO S.P.A
    TELEDYNE FLIR LLC
    - SAAB AB
    - BHARAT ELECTRONICS LTC
    - ISRAEL AEROSPACE INDUSTRIES LTD.
    - INDRA SISTEMAS
    - ASELSAN A/S
    - TELEPHONICS CORPORATION.
  • 16.3 OTHER PLAYERS
    BLIGHTER SURVEILLANCE SYSTEMS
    DETECT, INC.
    HENSOLDT
    TERMA A/S
    ACCIPITER RADAR
    NRPL AERO
    LINKTRONICS
    REUTECH RADAR SYSTEMS
    SRC INC
    - EASAT
APPENDIX
150
  • 17.1 DISCUSSION GUIDE
  • 17.2 KNOWLEDGESTORE: MARKETSANDMARKETS SUBSCRIPTION PORTAL
  • 17.3 INTRODUCING RTS: REAL-TIME MARKET INTELLIGENCE
  • 17.4 AVAILABLE CUSTOMIZATIONS
  • 17.5 DEFENSE PROGRAMS
  • 17.6 RELATED REPORTS
  • 17.7 AUTHOR DETAILS

The research study conducted on the Surface Radars Marketinvolved extensive use of secondary sources, including directories, databases of articles, journals on radars, company newsletters, and information portals such as Arms Control Association, Bloomberg, and Factiva to identify and collect information useful for this extensive, technical, market-oriented, and commercial study of the Surface Radars market. Primary sources are several industry experts from the core and related industries, alliances, organizations, Original Equipment Manufacturers (OEMs), vendors, suppliers, and technology developers. These sources relate to all segments of the value chain of the Surface Radars industry. In-depth interviews were conducted with various primary respondents, including key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among others, to obtain and verify critical qualitative and quantitative information and to assess future prospects of the market.

Secondary Research

In the secondary research process, various secondary sources were referred to identify and collect information for this study on the Surface Radars market. Secondary sources included annual reports, press releases, and investor presentations of companies; white papers and certified publications; articles from recognized authors; manufacturer's associations; directories; and databases. Secondary research was mainly used to obtain key information about the supply chain of the Surface Radars industry, the monetary chain of the market, the total pool of key players, market classification and segmentation according to the industry trends to the bottom-most level, regional markets, and key developments from both market- and technology-oriented perspectives.

Primary Research

Extensive primary research has been conducted after obtaining information regarding the Surface Radars Marketscenario through secondary research. Several primary interviews have been conducted with market experts from both the demand and supply sides across major countries of North America, Europe, Asia Pacific, Middle East, Africa, and Latin America. Primary data has been collected through questionnaires, emails, and telephonic interviews. These interviews have been conducted to gather insights such as market statistics, data on revenue collected from the products and services, market breakdowns, market size estimations, market size forecasting, and data triangulation. It has also helped analyze the product, speed, launch mode, propulsion type, and guidance mechanism segments of the market for five key regions.

Note: Others include aircraft upholsterers, upholsterer technicians, and aircraft cabin modification industry experts. Tiers of companies are based on their revenue in 2023. Tier 1: company revenue greater than USD 1 billion; tier 2: company revenue between USD 100 million and USD 1 billion; and tier 3: company revenue less than USD 100 million.

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Market Size Estimation

The top-down and bottom-up approaches have been used to estimate and validate the size of the Surface Radars market. The research methodology used to estimate the market size includes the following details.

  • The top-down and bottom-up approaches have been used to estimate and validate the size of the Surface Radars market. The research methodology used to estimate the market size also includes the following details.
  • The key players have been identified through secondary research, and their market ranking has been determined through primary and secondary research. This includes a study of the annual and financial reports of the top market players and extensive interviews of leaders, including chief executive officers (CEO), directors, and marketing executives.
  • All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain the final quantitative and qualitative data. This data has been consolidated and enhanced with detailed inputs, analyzed by MarketsandMarkets, and presented in this report.

Surface Radars Market : Top-Down and Bottom-Up Approach

Data Triangulation

After arriving at the overall size of the surface radars market from the market size estimation process explained above, the total market has been split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics for various market segments and subsegments, the data triangulation and market breakdown procedures explained below have been implemented wherever applicable. The data has been triangulated by studying various factors and trends from both the demand and supply sides. Along with this, the market size has been validated using the top-down and bottom-up approaches.

Market Definition

The surface radar market is the industry that develops, manufactures, and implements radar systems applied to both ground-based and maritime platforms. These surface radars fulfill applications of detection, tracking, and surveillance over a multitude of platforms close to the Earth's surface. They are therefore applied extensively in a variety of applications that include military defense, border security, air traffic control, and maritime navigation. Important users of the market are government and defense agencies, commercial airports, and maritime authorities. Both service and upgrade maintenance activities will be included here to ensure that the radar systems give optimum performance, reliability, and longevity and to modernize hardware and software to meet emerging operational requirements and technological progress.

Key Stakeholders

  • Surface Radars Manufacturers
  • System Integrators
  • Surface radar Solution Providers
  • Surface Radar Platform Providers
  • Surface Radar System Providers
  • Technology Providers
  • Armed Forces
  • Commercial Vehicle Users
  • Surface Radar Product Manufacturers
  • Component Manufacturers
  • Distributors and Suppliers
  • Aerospace and Defense Industries
  • Component Manufacturers
  • Distributors and Suppliers
  • Universities, Research Organizations, Forums, Alliances, and Associations
  • Ministries of Defense
  • Original Equipment Manufacturers (OEMs)
  • Regulatory Bodies
  • R&D Companies

Report Objectives

  • To define, segment, and forecast the size of the surface radars market in terms of value based on by platform, application, range, frequency, dimension, component, waveform, and region from 2024 to 2029
  • To forecast the size of market segments with respect to major regions, namely North America, Europe, Asia Pacific, the Middle East, and the Rest of the World (RoW), which comprises Africa and Latin America
  • To identify and analyze key drivers, restraints, opportunities, and challenges influencing market growth
  • To strategically analyze micromarkets with respect to individual growth trends, prospects, and their contribution to the Surface Radars market
  • To analyze opportunities for stakeholders in the market by identifying key market trends
  • To analyze competitive developments such as contracts, expansions, acquisitions, agreements, joint ventures, partnerships, product launches, and research and development (R&D) activities in the Surface Radars market
  • To provide a detailed competitive landscape of the market, in addition to an analysis of business and corporate strategies adopted by leading market players
  • To strategically profile key market players and comprehensively analyze their core competencies

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Growth opportunities and latent adjacency in Surface Radars Market

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