Radar Market Size to Reach USD 21.04 Billion by 2032 at 7.2% CAGR
Radar Market to Reach USD 21.04 Bn by 2032 as Defence Modernization Accelerates Rising defence spending, aviation safety demand, autonomous mobility, and AI-enabled radar systems strengthen global adoption Executive Summary & Core Market Valuation The global Radar Market was valued at USD 12.06 billion in 2024 and is expected to reach USD 21.04 billion by 2032 , growing at a 7.2% CAGR from 2025 to 2032 . The market is gaining strong momentum as radar systems become central to defence modernization, aviation safety, maritime surveillance, automotive collision avoidance, weather forecasting, and unmanned systems. Radar technology uses electromagnetic waves to detect, locate, and track objects across land, air, naval, and space-based environments. Demand is shifting from conventional detection systems toward advanced phased array radar, synthetic aperture radar, solid-state radar, and digitally integrated radar platforms. This transition is being driven by the need for higher ...