Global Air And Missile Defense Radar Market 2025–2029: What’s Driving Growth and Demand
Grab 20% Off With Code ONLINE20 On Global market Reports – Evaluate Global Trends, Market Risks, and Competitive Intelligence How Has the Air And Missile Defense Radar Market Performed Historically, and What Are Its Future Growth Projections? 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, integr...