Surface Radars Market

Surface Radars Companies - RTX (US) and BAE Systems (UK) are the Key Players

The surface radars market is projected to reach USD 22.49 billion by 2029, from USD 17.26 billion in 2024, at a CAGR of 5.4%. The volume of surface radars is projected to grow from 4690 (in Units) in 2024 to 6113 (in Units) by 2029. Many countries are allocating larger portions of their defense budgets to radar systems due to the rising demand for border security, early warning systems, and coastal surveillance. This is particularly evident in regions like North America, Europe, and Asia-Pacific.

Leading companies in the surface radar market, such as  are driving market growth through a range of strategic initiatives. These players have focused on advancing radar technologies, forming partnerships, securing contracts, and pursuing joint ventures and acquisitions to enhance their market presence. By leveraging both organic and inorganic strategies, they have successfully expanded their global footprint and strengthened their competitive positioning in this rapidly evolving sector.

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Major Surface Radars companies include:

  • Lockheed Martin Corporation (US)
  • RTX (US)
  • BAE Systems (UK)
  • Northrop Grumman (US)
  • Israel Aerospace Industries (Israel)
  • Thales (France)
  • Saab AB (Sweden)
  • Elbit Systems Ltd. (Israel)
  • Aselsan A.S (Turkey)
  • Bharat Electronics Limited (BEL) (India)
  • Leonardo S.p.A. (Italy)
  • L3Harris Technologies, Inc. (US)
  • Indra (Spain)
  • Teledyne FLIR LLC (US)
  • Hensoldt (Germany)

RTX (US)

RTX, previously known as Raytheon Technologies Corporation, is a prominent player in the aerospace and defense industry. These major segments comprise leading-edge technologies are aircraft engines, avionics, aerostructures, cybersecurity solutions, guided missiles, air defense systems, satellites, and drones. A huge chunk of its revenue would be from government contracts straight with the US federal government, making it one of the largest defense contractors.

RTX is operated through three core business segments: Collins Aerospace, Pratt & Whitney, and Raytheon. These businesses offer advanced systems ranging from Air & Missile Defense solutions, precision weapons, radars, to command and control systems. This gives the full range of true end-to-end capabilities for detecting, tracking, and engaging threats. RTX also offers integrated solutions for the digital battlefield through its Collins Aerospace business segment to customers in the global market. Its portfolio includes world-class products and mission systems that help more than 80 countries deliver their critical mission capabilities..

BAE Systems (UK)

BAE Systems provides support to the aerospace, defense, and security industries primarily through five segments namely: Electronic Systems, Cyber & Intelligence, Platforms & Services, Air, and Maritime. Its Electronic Systems segment consists of electro-optical sensors, commercial digital engines, electronic warfare systems, military communications, and data links. The firm specializes in the advanced radar systems destined for military test ranges, employing the newest technologies to provide TSPI data. The solutions encompass miniaturized RF ranging sensors, Ka-band monopulse, and the innovative iMOTR system for real-time tracking of a multitude of objects.

BAE Systems also provides a complete range of defense, aerospace, and systems in air, military, and naval applications. It has international headquarters in Australia, India, Saudi Arabia, the UK, and the US. Among its subsidiaries, it has BAE Systems Integrated System Technologies (UK), BAE Systems Maritime – Submarines (UK), and BAE Systems Military Air & Information (UK).

Thales (France)

Thales is the biggest provider of high technology systems and services to aeronautics, ground transportation, security, space, and defense markets. The company's product lines include sonar systems, radar solutions, passive detectors, protection systems, combat technologies, and intelligence solutions. The company also provides comprehensive offerings in security, communications, cybersecurity, network infrastructure, and other related services.

The company operates through four main business segments: Aerospace, Defense & Security, Digital Identity & Security, and Others. Aerospace is engaged in onboard systems, solutions, and services for commercial airlines and air defense clients. It designs a wide range of radar systems for surveillance, fire control, and multifunction applications, making it the market leader in intelligence, surveillance, target acquisition, and reconnaissance systems, with special focus on UAV-based battlefield surveillance. The defense & security segment focuses on providing secure communication and information systems, as well as on land and air systems that include radar and mission-critical defense systems, which are offered to armed and security forces all over the world..

L3Harris Technologies (US)

L3Harris Technologies, Inc. is one of the major manufacturers and suppliers of radar technologies and defense platforms.This company also specializes in the modernization and support of aircraft. The company runs its business in four areas: Space and Airborne Systems, Integrated Mission Systems, Communication Systems, and Aerojet Rocketdyne. The part of the company known as Communication Systems focuses on developing solutions for wide-area and tactical communications combined line-of-sight systems, and public safety. This section consists of systems for multi-task intelligence, watching, and finding out information (ISR), methods for ships to communicate with each other, and the newest high-tech sight and heat-sensing (EO/IR) devices that assist with digital battlefield applications.

L3Harris Technologies is a company that provides superior communication products and services in the government and commercial markets, including USSOCOM. It operates worldwide with a strong presence in North America, Europe, Middle East and Asia-Pacific regions.

Leonardo S.p.A (Italy)

Leonardo S.p.A. is one of the global leaders in offering cutting edge technologies related to aerospace, defense, and security. It has a portfolio that encapsulates many pioneering solutions in all domains of air, land, sea, space, and cyber. Leonardo operates in four key areas: helicopters, defense electronics & security, aircraft, aero structures, and space. Defence electronics & security is particularly highlighted in radar systems for various working environments. They can capture and trace objects with high resolution, perform data management efficiently, and integrate well with other types of sensor configurations. Those solutions provide protection for air-space, secure vital facilities, provide conditions for air-traffic control, and implement meteorological operations. Leonardo operates all over the world. It has its subsidiaries and joint ventures that are running their respective businesses in almost 40 countries across America, the United Kingdom, and Poland.

The company invests heavily in research and development to advance the defense, security, and aerospace solutions the company offers. The major subsidiaries and joint ventures include Sistemi Dinamici SpA, Italy; Telespazio Group, Italy; DRS Technologies Group, US; Thales Alenia Space Group, Italy; and MBDA Group, France.

Related Reports:

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

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Surface Radars Market Size,  Share & Growth Report
Report Code
AS 9177
RI Published ON
10/25/2024
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