Air And Missile Defense Radar Market Expected To Reach $18.7 billion by 2029 Amid Rising Geopolitical Tensions and Defense Budgets

What Is The Current Size And Growth Rate Of The Global Air And Missile Defense Radar Market?
The air and missile defense radar market size has seen consistent growth in recent years from $12.86 billion in 2024 to $13.95 billion in 2025, representing an annual growth rate of 8.5%. This growth can be attributed to geopolitical tensions, modernization of military infrastructure, threats of missile proliferation, rising defense budgets and the emergence of asymmetric threats.

The market is expected to continue its robust growth to reach $18.7 billion by 2029 at a compound annual growth rate of 7.6%. Factors contributing to this forecasted growth include an increasing focus on homeland security, rising investments in ballistic missile defense, integration with c4isr systems, a global arms race and technological innovation in radar systems. Key trends include the incorporation of artificial intelligence, expansion of naval air and missile defense systems, a focus on cybersecurity, global collaborations in radar development, and deployment of 3D radar systems.

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What Are The Key Growth Drivers In The Air And Missile Defense Radar Market?
The market is being driven forward by a rise in global military expenditure. As countries increase their spending on military and defense, there is a greater investment in advanced technologies such as air and missile defense radars to enhance their capabilities for detecting and intercepting incoming threats. In the military, fighter aircraft equipped with radar are used to track and manage air-to-air missiles, rockets, and guns. According to an analysis by the Stockholm International Peace Research Institute, global military spending reached $2.443 trillion in 2023, a 6.8 percent increase compared to 2022, indicating a strong drive for the market for air and missile defense radar.

What Are The Key Segments Within The Global Air And Missile Defense Radar Market?

1) By Platform: Airborne, Land, Naval

2) By Radar Type: X Band Radars, S Band Radars

3) By Range: Short Range, Medium Range, Large Range

4) By Application: Conventional, Ballistic Missile Defense

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What Major Companies Are Operating In The Air And Missile Defense Radar Market?
Major companies operating in the air and missile defense radar market include BAE Systems Inc., Israel Aerospace Industries Ltd., Leonardo SpA, Lockheed Martin Corporation, Northrop Grumman Corporation, Raytheon Technologies Corporation, Reutech Radar Systems, SAAB AB, Telephonics Corporation, Thales Group, Airbus Group Inc., Aselsan AS, DeTect Inc., General Dynamics Corporation, Indra Sistemas SA, Hensoldt AG, Almaz Antey Corporation, Finmeccanica SpA, Rockwell Collins Inc., Bharat Electronics Limited, The Boeing Co., FLIR Systems Inc., Honeywell International Inc., L3Harris Technologies Inc., NEC Corporation, QinetiQ Group plc, Reutech Radar Systems Pty Ltd., Terma A/S, ThalesRaytheonSystems LLC, Toshiba Corp.

What Are The Key Trends That Are Shaping The Air And Missile Defense Radar Market?
A key trend gaining popularity in the air and missile defense radar market is technological advancements. Major companies are focusing on innovating new technologies, such as networked radar systems, to sustain their position in the market. Networked radar systems, which are connected to each other and other defense systems, allow for improved information sharing and coordination, leading to improved situational awareness and more effective defense.

Which Region Experiences The Fastest Growth In The Air And Missile Defense Radar Market?
North America was the largest region in the air and missile defense radar market in 2024. Asia-Pacific is expected to be the fastest-growing region during the forecast period.

What Does The Air And Missile Defense Radar Market Report 2025 Offer?
The Air And Missile Defense Radar Market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities. The Air and Missile Defense Radar (AMDR) is a type of radar system used for detecting and tracking incoming threats such as ballistic missiles, cruise missiles, and other aerial threats. These radars are designed to provide early warning of potential attacks and to track multiple targets simultaneously.

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