Market Research Blog

The Global Military Radar Market is projected to grow from USD 14.17 billion in 2021 to USD 25.75 billion by 2030 at a CAGR of 4.50% during the forecast period. Radar is used in defense applications to find missiles, ships, airplanes, and spacecraft that pose a danger from the air, land, or water. Radar systems are essential for finding bombs and landmines that are hidden from sight. Lightweight radars are one of the main items in the military radar industry that are in high demand worldwide. The enormous potential for their application in the domestic defence industry can be attributed to the high demand for these radars. Additionally, rising expenditures by nations to bolster their home defence and border defence forces are now driving the global market for military radar. Additionally,the ongoing necessity to keep an eye on the escalating terrorist activities along with geopolitical tensions can be linked to the increased defense spending by emerging countries in the Asia-Pacific a

The Global Military Radar Market is projected to grow from USD 14.17 billion in 2021 to USD 25.75 billion by 2030 at a CAGR of 4.50% during the forecast period. Radar is used in defense applications to find missiles, ships, airplanes, and spacecraft that pose a danger from the air, land, or water. Military equipment purchases are increasing as a result of the increased demand for defense capabilities, which is fueling the market's expansion. The ongoing necessity to keep an eye on the escalating terrorist activities along with geopolitical tensions can be linked to the increased defense spending by emerging countries in the Asia-Pacific and the Middle East. As a result, China launched a new portable and versatile radar in April 2021 that can spot drones, low-flying cruise missiles, and stealth aircraft. Also planned for flight by 2022 is the NASA-ISRO Synthetic Aperture Radar (NISAR) satellite. Request for a Sample Report Here: https://www.extrapolate.com/sample/aerospace-and-defe