Air And Missile Defense Radar Market | Business Growth, Development Factors, Current and Future Trends till 2029

 Created for forward-thinking professionals, this report equips teams with the insights needed to compete effectively in the air and missile defense radar space.

Air And Missile Defense Radar Market Analysis & Forecast: 2025-2029
The air and missile defense radar market size has grown strongly in recent years. It will grow from $12.86 billion in 2024 to $13.87 billion in 2025 at a compound annual growth rate (CAGR) of 7.9%. The growth in the historic period can be attributed to geopolitical tensions, modernization of military infrastructure, threat of missile proliferation, rising defense budgets, emergence of asymmetric threats.

The air and missile defense radar market size is expected to see strong growth in the next few years. It will grow to $18.52 billion in 2029 at a compound annual growth rate (CAGR) of 7.5%. The growth in the forecast period can be attributed to increasing focus on homeland security, rising investments in ballistic missile defense, integration with c4isr systems, global arms race, technological innovation in radar systems. Major trends in the forecast period include incorporation of artificial intelligence (AI), expansion of naval air and missile defense systems, focus on cybersecurity, global collaborations in radar development, deployment of 3d radar systems.

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What Are The Factors Driving The Air And Missile Defense Radar Market?
The rising military expenditure around the globe is driving the air and missile defense radar market going forward. Military expenditure refers to the amount of money allocated to maintaining an armed force or other forms of defense, which is known as a military expenditure plan (or military expense) and is part of a country's defense budget. As countries increase their spending on military and defense, they are investing in advanced technologies such as air and missile defense radars to enhance their capabilities for detecting and intercepting incoming threats. In the military, fighter aircraft equipped with radar is used to track down and manage air-to-air missiles, rockets, and guns. For instance, in April 2024, according to an analysis by Stockholm International Peace Research Institute, a Sweden-based research institute focused on global security, in 2023, total global military spending reached $2.443 trillion, reflecting a 6.8 percent increase in real terms compared to 2022. Therefore, the rising military across the globe is driving the market for air and missile defense radar.

What Segments Are Covered In The Air And Missile Defense Radar Market Report?
The air and missile defense radar market covered in this report is segmented –

1) By Platform: Airborne, Land, Naval
2) By Radar Type: X Band Radars, S Band Radars
3) By Range: Short Range, Medium Range, Large Range
4) By Application: Conventional, Ballistic Missile Defense

Subsegments:
1) By Airborne: Fighter Aircraft Radars, UAV Radars, Helicopter Radars
2) By Land: Ground-Based Radars, Mobile Radars, Fixed Site Radars
3) By Naval: Shipborne Radars, Coastal Surveillance Radars, Submarine Radars

What Are The Main Trends, Positively Impacting The Growth Of Air And Missile Defense Radar Market?
Technological advancements in the air and missile defense radar markets have emerged as a key trend gaining popularity in the market. Major companies operating in the air and missile defense radar market are focused on innovating new technologies, such as networked radar systems to sustain their position in the market. Networked radar systems are connected to each other and other defense systems, which allows for improved information sharing and coordination between different systems, leading to improved situational awareness and more effective defense. For instance, in February 2023, ELTA Systems Ltd., an Israel-based defense products and services company specializing in radar, introduced the ELM-2090 TERRA Strategic Early Warning System. TERRA is a dual-radar system with unsurpassed detection and tracking capabilities against long-range, low-RCS targets by using both UHF and S-band radars. Each powerful system can function independently, but when they are deployed together, system performance is taken to an even higher level.

Which Are The Major Players Operating In The Global Air And Missile Defense Radar Market?
Major companies operating in the air and missile defense radar market include BAE Systems Inc., Israel Aerospace Industries Ltd., Leonardo SpA, Lockheed Martin Corporation, Northrop Grumman Corporation, Raytheon Technologies Corporation, Reutech Radar Systems, SAAB AB, Telephonics Corporation, Thales Group, Airbus Group Inc., Aselsan AS, DeTect Inc., General Dynamics Corporation, Indra Sistemas SA, Hensoldt AG, Almaz Antey Corporation, Finmeccanica SpA, Rockwell Collins Inc., Bharat Electronics Limited, The Boeing Co., FLIR Systems Inc., Honeywell International Inc., L3Harris Technologies Inc., NEC Corporation, QinetiQ Group plc, Reutech Radar Systems Pty Ltd., Terma A/S, ThalesRaytheonSystems LLC, Toshiba Corp.

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Air And Missile Defense Radar Market Trends Insights Report 2025

Air And Missile Defense Radar Market Regional Insights:
North America was the largest region in the air and missile defense radar market in 2024. Asia-Pacific is expected to be the fastest-growing region in the air and missile defense radar market report during the forecast period. The regions covered in the air and missile defense radar market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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