Global Security and Surveillance Radar Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Platform Type;

Maritime Security and Surveillance Radar, Land-Based Security and Surveillance Radar and Airborne Security and Surveillance Radar.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn164388221 Published Date: May, 2024 Updated Date: June, 2024

Introduction

Global Security and Surveillance Radar Market (USD Million), 2020 - 2030

In the year 2023, the Global Security and Surveillance Radar Market was valued at USD 9,783.90 million. The size of this market is expected to increase to USD 15,813.88 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 7.1%.

The Global Security and Surveillance Radar Market plays a critical role in ensuring the safety and security of nations, borders, critical infrastructure, and maritime domains worldwide. Radar systems have evolved significantly over the years, from conventional military applications to encompass a broad spectrum of security and surveillance needs. These systems employ electromagnetic waves to detect and track objects in various environments, including land, sea, and air, providing crucial situational awareness to defense forces, law enforcement agencies, and other stakeholders.

Advancements in radar technology have led to the development of sophisticated systems capable of detecting and tracking multiple targets simultaneously, with enhanced accuracy and reliability. Such capabilities are particularly vital in combating evolving security threats, including terrorism, smuggling, piracy, and unauthorized border crossings. Additionally, the integration of radar with other sensor technologies, such as cameras, drones, and satellites, has further bolstered surveillance capabilities, enabling comprehensive monitoring and response to potential security breaches.

The demand for security and surveillance radar systems is driven by a growing emphasis on border security, maritime domain awareness, and critical infrastructure protection. Governments worldwide are investing significantly in modernizing their defense and security apparatus, fueling the adoption of advanced radar solutions. The escalating threats posed by non-state actors, cyberattacks, and geopolitical tensions have underscored the need for robust surveillance infrastructure, driving further investments in radar technology.

The commercial sector is also contributing to the expansion of the security and surveillance radar market. Industries such as aviation, shipping, and oil and gas rely on radar systems for asset protection, perimeter security, and environmental monitoring. The proliferation of unmanned aerial vehicles (UAVs) and autonomous maritime vessels has created new opportunities for radar manufacturers, as these platforms require sophisticated sensing capabilities to operate safely and effectively in various environments.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Platform Type
    2. Market Snapshot, By Region
  4. Global Security and Surveillance Radar Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising Security Concerns
        2. Maritime Domain Awarenes
        3. Commercial Applications
        4. Maritime Domain Awareness
        5. Increasing Demand for Border Security
      2. Restraints
        1. Regulatory Constraints and Export Controls
        2. High Cost of Acquisition and Maintenance
        3. Privacy and Ethical Concerns:
        4. Limited Detection Capabilities in Challenging Environments
        5. Vulnerability to Electronic Warfare and Cyberattacks
      3. Opportunities
        1. Integration with Emerging Technologies
        2. Expansion of Commercial Applications
        3. Global Infrastructure Development
        4. Cybersecurity and Resilience
        5. Border Security and Maritime Surveillance
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Security and Surveillance Radar Market, By Platform Type, 2020 - 2030 (USD Million)
      1. Maritime Security and Surveillance Radar
      2. Land-Based Security and Surveillance Radar
      3. Airborne Security and Surveillance Radar
    2. Global Security and Surveillance Radar Market, By Geography, 2020 - 2030 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Airbus Group
      2. Rockwell Collins
      3. Finmeccanica
      4. Exelis
      5. Honeywell International
      6. Northrop Grumman
      7. SAAB
      8. BAE Systems
      9. Thales Group
      10. Cobham Plc
      11. Boeing
      12. Raytheon Co
      13. Lockheed Martin
      14. ATC Global
      15. Scanter
      16. Kelvin Hughes
      17. Israel Aerospace Industries
  7. Analyst Views
  8. Future Outlook of the Market