Product Code: GVR-4-68040-272-7
Commercial Radars Market Growth & Trends:
The global commercial radars market size is anticipated to reach USD 10.66 billion by 2030, growing at a CAGR of 7.6% from 2024 to 2030, according to a new report by Grand View Research, Inc. Continuous technological advancements and innovations drive the market growth. These innovations aim to provide various applications with better surveillance, tracking, and situational awareness.
The market is expanding across multiple sectors. Apart from defense, radar systems are utilized in aviation for air traffic control purposes, maritime operations for ship navigation, weather forecasting services, and security and surveillance needs. Radar technology's versatility makes it indispensable across multiple industries, driving market growth as more sectors recognize the benefits of radar systems.
Furthermore, continuous cost reductions in radar system production and installation propel market growth by making these technologies more affordable and accessible to various industries. Economies of scale, advancements in manufacturing processes, and increased competition among radar system providers lead to cost efficiency that benefit suppliers and end-users.
Commercial Radars Market Report Highlights:
- The antenna component segment accounted for the largest market revenue share of 21.4% in 2023. The segment's growth is due to its high performance in detecting objects, which is used in various applications such as air traffic control systems, weather radar, and direction-finding antennas.
- The naval platform segment is anticipated to register the fastest CAGR over the forecast period. It is attributed to the rising need for enhanced surveillance and security measures in maritime environments due to geopolitical tensions, territorial conflicts, and the importance of anti-submarine warfare.
- The S frequency segment accounted for the largest revenue share in 2023. S-band radar systems operate at a frequency between approximately 2-4 GHz, providing high resolution and long detection distances. This capability is crucial for air target monitoring and detecting aircraft, missiles, and satellites.
- The 3D segment is anticipated to register the fastest CAGR over the forecast period. Continuous technological advancements in radar systems, including improvements in signal processing, target detection, and tracking algorithms, are driving the growth of 3D radar solutions.
- The air traffic control & navigation application accounted for the largest market share in 2023. With a heightened global focus on enhancing air safety, the demand for advanced ATC technologies and systems increases. Improved safety measures drive the adoption of innovative solutions in air traffic management.
- North America accounted for the largest market share in 2023. The growth in drone usage in the region has led to a higher demand for radar systems that can detect and track drones near airports to ensure safety and security.
- In August 2022, Renesas Electronics Corporation acquired Steradian Semiconductors Private Limited. The acquisition aimed to enhance Renesas' range of automotive and industrial sensing products by incorporating Steradian's radar technology.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Segment Definitions
- 1.2.1. Component
- 1.2.2. Platform
- 1.2.3. Frequency
- 1.2.4. Dimension
- 1.2.5. Application
- 1.2.6. Regional scope
- 1.2.7. Estimates and forecasts timeline
- 1.3. Research Methodology
- 1.3.1. Information Procurement
- 1.3.2. Information or Data Analysis
- 1.3.3. Market Formulation & Data Visualization
- 1.3.4. Data Validation & Publishing
- 1.4. Research Scope and Assumptions
- 1.4.1. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.2.1. Component Outlook
- 2.2.2. Platform Outlook
- 2.2.3. Frequency Outlook
- 2.2.4. Dimension Outlook
- 2.2.5. Application Outlook
- 2.3. Competitive Insights
Chapter 3. Commercial Radars Market Variables, Trends, & Scope
- 3.1. Market Introduction/Lineage Outlook
- 3.2. Market Size and Growth Prospects (USD Million)
- 3.3. Industry Value Chain Analysis
- 3.4. Market Dynamics
- 3.4.1. Market Drivers Analysis
- 3.4.2. Market Restraints Analysis
- 3.4.3. Industry Opportunities
- 3.4.4. Industry Challenges
- 3.5. Commercial Radars Market Analysis Tools
- 3.5.1. Porter's Five Forces Analysis
- 3.5.1.1. Bargaining power of the suppliers
- 3.5.1.2. Bargaining power of the buyers
- 3.5.1.3. Threats of substitution
- 3.5.1.4. Threats from new entrants
- 3.5.1.5. Competitive rivalry
- 3.5.2. PESTEL Analysis
- 3.5.2.1. Political landscape
- 3.5.2.2. Economic and Social landscape
- 3.5.2.3. Technological landscape
- 3.5.2.4. Environmental landscape
- 3.5.2.5. Legal landscape
Chapter 4. Commercial Radars Market: Component Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. Commercial Radars Market: Component Movement Analysis, 2023 & 2030 (USD Million)
- 4.3. Antenna
- 4.3.1. Antenna Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.4. Transmitter
- 4.4.1. Transmitter Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.5. Duplexer
- 4.5.1. Duplexer Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.6. Receiver
- 4.6.1. Receiver Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.7. Signal & Data Processors
- 4.7.1. Signal & Data Processors Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.8. Phased Array
- 4.8.1. Phased Array Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.9. Others
- 4.9.1. Others Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 5. Commercial Radars Market: Platform Estimates & Trend Analysis
- 5.1. Segment Dashboard
- 5.2. Commercial Radars Market: Platform Movement Analysis, 2023 & 2030 (USD Million)
- 5.3. Naval
- 5.3.1. Naval Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.4. Land
- 5.4.1. Land Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.5. Airborne
- 5.5.1. Airborne Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.6. Space
- 5.6.1. Space Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 6. Commercial Radars Market: Frequency Estimates & Trend Analysis
- 6.1. Segment Dashboard
- 6.2. Commercial Radars Market: Frequency Movement Analysis, 2023 & 2030 (USD Million)
- 6.3. HF/VHF/UHF
- 6.3.1. HF/VHF/UHF Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4. L
- 6.4.1. L Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.5. S
- 6.5.1. S Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.6. C
- 6.6.1. C Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.7. X
- 6.7.1. X Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.8. K
- 6.8.1. K Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.9. Ku
- 6.9.1. Ku Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.10. Ka
- 6.10.1. Ka Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 7. Commercial Radars Market: Dimension Estimates & Trend Analysis
- 7.1. Segment Dashboard
- 7.2. Commercial Radars Market: Dimension Movement Analysis, 2023 & 2030 (USD Million)
- 7.3. 2D
- 7.3.1. 2D Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4. 3D
- 7.4.1. 3D Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.5. 4D
- 7.5.1. 4D Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 8. Commercial Radars Market: Application Estimates & Trend Analysis
- 8.1. Segment Dashboard
- 8.2. Commercial Radars Market: Application Movement Analysis, 2023 & 2030 (USD Million)
- 8.3. Air Traffic Control & Navigation
- 8.3.1. Air Traffic Control & Navigation Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.4. Airspace Monitoring
- 8.4.1. Airspace Monitoring Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.5. Sea Traffic Control & Navigation
- 8.5.1. Sea Traffic Control & Navigation Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.6. Automotive
- 8.6.1. Automotive Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.7. Remote Sensing & Weather Observation
- 8.7.1. Remote Sensing & Weather Observation Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.8. Ground Traffic Control
- 8.8.1. Ground Traffic Control Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.9. Others
- 8.9.1. Others Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 9. Commercial Radars Market: Regional Estimates & Trend Analysis
- 9.1. Commercial Radars Market Share, By Region, 2023 & 2030 (USD Million)
- 9.2. North America
- 9.2.1. North America Commercial Radars Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.2.2. U.S.
- 9.2.2.1. U.S. Commercial Radars Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.2.3. Canada
- 9.2.3.1. Canada Commercial Radars Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.3. Europe
- 9.3.1. Europe Commercial Radars Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.3.2. U.K.
- 9.3.2.1. U.K. Commercial Radars Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.3.3. Germany
- 9.3.3.1. Germany Commercial Radars Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.3.4. France
- 9.3.4.1. France Commercial Radars Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.3.5. Italy
- 9.3.5.1. Italy Commercial Radars Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.3.6. Spain
- 9.3.6.1. Spain Commercial Radars Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.3.7. Netherlands
- 9.3.7.1. Netherlands Commercial Radars Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.4. Asia Pacific
- 9.4.1. Asia Pacific Commercial Radars Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.4.2. China
- 9.4.2.1. China Commercial Radars Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.4.3. Japan
- 9.4.3.1. Japan Commercial Radars Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.4.4. India
- 9.4.4.1. India Commercial Radars Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.4.5. South Korea
- 9.4.5.1. South Korea Commercial Radars Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.4.6. Australia
- 9.4.6.1. Australia Commercial Radars Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.5. Latin America
- 9.5.1. Latin America Commercial Radars Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.5.2. Brazil
- 9.5.2.1. Brazil Commercial Radars Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.5.3. Mexico
- 9.5.3.1. Mexico Commercial Radars Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.5.4. Argentina
- 9.5.4.1. Argentina Commercial Radars Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.6. Middle East and Africa
- 9.6.1. Middle East and Africa Commercial Radars Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.6.2. UAE
- 9.6.2.1. UAE Commercial Radars Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.6.3. Saudi Arabia
- 9.6.3.1. Saudi Arabia Commercial Radars Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.6.4. South Africa
- 9.6.4.1. South Africa Commercial Radars Market Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 10. Competitive Landscape
- 10.1. Recent Developments & Impact Analysis by Key Market Participants
- 10.2. Company Categorization
- 10.3. Company Market Positioning
- 10.4. Company Heat Map Analysis
- 10.5. Strategy Mapping
- 10.5.1. Expansion
- 10.5.2. Mergers & Acquisition
- 10.5.3. Partnerships & Collaborations
- 10.5.4. New Product Launches
- 10.5.5. Research And Development
- 10.6. Company Profiles
- 10.6.1. DeTect, Inc.
- 10.6.1.1. Company overview
- 10.6.1.2. Financial performance
- 10.6.1.3. Product benchmarking
- 10.6.1.4. Strategic initiatives
- 10.6.2. Easat Radars Systems Ltd.
- 10.6.2.1. Company overview
- 10.6.2.2. Financial performance
- 10.6.2.3. Product benchmarking
- 10.6.2.4. Strategic initiatives
- 10.6.3. ELDIS Pardubice, s.r.o.
- 10.6.3.1. Company overview
- 10.6.3.2. Financial performance
- 10.6.3.3. Product benchmarking
- 10.6.3.4. Strategic initiatives
- 10.6.4. HENSOLDT AG
- 10.6.4.1. Company overview
- 10.6.4.2. Financial performance
- 10.6.4.3. Product benchmarking
- 10.6.4.4. Strategic initiatives
- 10.6.5. Indra Sistemas, S.A.
- 10.6.5.1. Company overview
- 10.6.5.2. Financial performance
- 10.6.5.3. Product benchmarking
- 10.6.5.4. Strategic initiatives
- 10.6.6. Leonardo S.p.A
- 10.6.6.1. Company overview
- 10.6.6.2. Financial performance
- 10.6.6.3. Product benchmarking
- 10.6.6.4. Strategic initiatives
- 10.6.7. NEC Corporation
- 10.6.7.1. Company overview
- 10.6.7.2. Financial performance
- 10.6.7.3. Product benchmarking
- 10.6.7.4. Strategic initiatives
- 10.6.8. RTX
- 10.6.8.1. Company overview
- 10.6.8.2. Financial performance
- 10.6.8.3. Product benchmarking
- 10.6.8.4. Strategic initiatives
- 10.6.9. Terma
- 10.6.9.1. Company overview
- 10.6.9.2. Financial performance
- 10.6.9.3. Product benchmarking
- 10.6.9.4. Strategic initiatives
- 10.6.10. Thales
- 10.6.10.1. Company overview
- 10.6.10.2. Financial performance
- 10.6.10.3. Product benchmarking
- 10.6.10.4. Strategic initiatives