Defense

Global Radar Market and Technology Forecast 2013 - 2023




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Report Summary:

Strategy Analytics forecasts the global radar market will grow to over $18.5 billion in 2023, representing a CAGR of 3.6%. North America will continue to represent the largest regional end market, but the fastest growth will be exhibited by demand from the Asia-Pacific region. Airborne radar will represent the largest market both in dollar terms as well as in terms of total shipments. The total number of radar shipments is forecast to grow at a CAGR of 4.1% through 2023 to reach 1393 units. Fire control radar shipments will continue to dominate the traditional mix but the fastest growth in shipments will come from emerging platforms such as unmanned systems, as well as new radar system types. In dollar terms, early warning and surveillance along with fire control radars will account for around 76% of the global market over the forecast timeframe. The associated market for semiconductors and other components will grow from $1.2 billion to reach $2.1 billion with GaN (gallium nitride) becoming an established technology as it grows at a CAGR of 26.4%.

Table of Contents

  • Title
  • Global Radar Expenditure
  • Global Radar Shipments
  • Frequency & Power Segmentation
  • Radar Semiconductor Market
  • Radar Market by Region
  • Radar Market by Domain
  • Radar Market by Type
  • Radar Shipments by Domain
  • Radar Shipments by Type
  • Radar Market by Frequency
  • Radar Market by Power
  • Radar Semiconductor Outlook

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