The study includes radars used by the navy (coastal radars and ship-based radars), air force (weather navigation radar, airborne radar, and precision approach radar), and army (perimeter surveillance radars, long-range surveillance radars, and fixed and movable land radars), and in space applications. Military radars are also used for navigation and for tracking weather changes. Military radars are used by armed forces for surveillance, finding targets, tracking their movements, and directing other weapons or countermeasures against them. The market is driven by the advancements in range, detection, identification, and integration with other sensors and adaptability to new missions, platforms, and environments that are driving the demand for new military radars on a global scale. The increasing use of unmanned aerial vehicles (UAVs), stealth aircraft, hypersonic missiles, and electronic warfare systems have forced several countries to enhance their radar capabilities. The growing territorial disputes and threats from adversaries are propelling several countries to invest heavily in their surveillance systems to reduce dependency and detect intrusion and respond quickly. Radar is an essential component of the surveillance systems of the global militaries. Thus, due to the widespread disruption in the supply chain, some of the defense programs could face minor cost escalations and delays in the short term.

Firms located in countries badly affected by COVID-19 or those dependent on supply chains located in affected countries have been the immediate victims of the pandemic. Supply-side disruptions are some of the most visible effects of the pandemic’s impact on the defense sector. However, the defense sector is expected to remain stable and grow as most countries have not reduced their defense budgets and remain committed to sustaining their military capabilities. The global aerospace and defense (A&D) manufacturing sector has been undergoing an unprecedented disruption due to the COVID-19 pandemic. The military radars market was valued at USD 14.37 billion in 2021, and it is expected to register a CAGR of over 4.5% during the forecast period (2022 - 2031).

Radar for defense and air navigation