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Lucintel Forecasts The Global Aerospace And Defense Radar Market To Reach $21 Billion By 2035
According to a market report by Lucintel, the future of the global aerospace and defense radar market looks promising with opportunities in the civil and military markets. The global aerospace and defense radar market is expected to reach an estimated $21 billion by 2035 with a CAGR of 3.8% from 2026 to 2035. The major drivers for this market are the increasing demand for advanced surveillance radar systems, the rising investment in defense modernization programs, and the growing need for enhanced threat detection capabilities.
A more than 150-page report to understand trends, opportunity and forecast in global aerospace and defense radar market to 2035 by platform type (ground, airborne, naval, and others), component (antenna, receiver, and transmitter), technology (CW radar and pulsed radar), application (civil and military), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the platform type category, ground is expected to witness the highest growth over the forecast period due to the rising demand for ground based surveillance and monitoring systems.
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... Within the application category, military is expected to witness higher growth due to the increasing defense modernization and border security requirements.
Download sample by clicking on aerospace and defense radar market.
In terms of regions, APAC is expected to witness the highest growth over the forecast period due to the expanding defense procurement and radar manufacturing capabilities.
Arrow Electronics, Dy 4 Systems, Cablex Pty. Ltd., Wesco Manufacturing are the major suppliers in the aerospace and defense radar market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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