Marine Radar Market

By Type;

X Band and S Band

By Component;

Transmitter, Receiver, Antennae and Others

By Technology;

Pulse Compression Technology and Frequency Modulated Continuous Wave

By Application;

Fishing Vessel, Merchant Marine, Military Naval and Recreational Boat

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn472217703 Published Date: August, 2025 Updated Date: September, 2025

Marine Radar Market Overview

Marine Radar Market (USD Million)

Marine Radar Market was valued at USD 947.01 million in the year 2024. The size of this market is expected to increase to USD 1,164.70 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 3.0%.


Marine Radar Market

*Market size in USD million

CAGR 3.0 %


Study Period2025 - 2031
Base Year2024
CAGR (%)3.0 %
Market Size (2024)USD 947.01 Million
Market Size (2031)USD 1,164.70 Million
Market ConcentrationHigh
Report Pages327
947.01
2024
1,164.70
2031

Major Players

  • Furuno Electric Co., Ltd.
  • Raymarine (FLIR Systems)
  • Kelvin Hughes Limited
  • Kongsberg Maritime AS
  • Garmin Ltd.
  • Navico

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Marine Radar Market

Fragmented - Highly competitive market without dominant players


The Marine Radar Market is experiencing steady growth as radar systems remain vital for navigation, collision prevention, and situational awareness. These systems ensure safety in adverse weather and poor visibility. At present, nearly 62% of vessels use advanced radar technologies to enhance safety and operational performance.

Advances in Technology
Technological improvements are driving adoption, with over 45% of recently deployed systems featuring solid-state designs, digital interfaces, and automatic target detection. Integration with AIS and GPS has improved accuracy, while high-frequency radars provide clearer imaging. These innovations enable faster responses and reduce navigational risks.

Compliance with Safety Standards
Regulatory frameworks are encouraging modernization, with around 53% of operators upgrading radar systems to meet international safety standards. Enhanced features such as anti-collision warnings, advanced weather tracking, and automated monitoring ensure compliance while strengthening crew protection.

Market Demand
Commercial shipping accounts for the majority of demand, contributing to about 57% of adoption, followed by naval and offshore applications. Cargo vessels rely heavily on radar for safe navigation, while defense and offshore industries deploy advanced systems to ensure mission efficiency and operational security.

Future Prospects
The outlook for the Marine Radar Market is positive, with nearly 38% of future projects centered on AI-powered radar, IoT integration, and energy-efficient solutions. These advancements are expected to transform marine navigation, providing safer, smarter, and more sustainable radar technologies.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Component
    3. Market Snapshot, By Technology
    4. Market Snapshot, By Application
    5. Market Snapshot, By Region
  4. Marine Radar Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing emphasis on maritime safety and security
        2. Technological advancements in radar technology
        3. Regulatory mandates requiring radar installation on vessels
        4. Growing maritime trade and transportation activities
        5. Rising demand for advanced collision avoidance systems
      2. Restraints
        1. High initial investment costs for radar systems
        2. Limited adoption in smaller vessels and recreational boats
        3. Challenges related to radar signal interference and clutter
        4. Vulnerability to cyber threats and hacking risks
        5. Environmental concerns regarding radar emissions
      3. Opportunities
        1. Expansion of radar applications beyond traditional navigation
        2. Integration of radar with emerging technologies like artificial intelligence and automation
        3. Development of compact and affordable radar systems for smaller vessels
        4. Increasing demand for radar systems in emerging maritime markets
        5. Focus on enhancing radar performance for harsh weather conditions and challenging environments
    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. Marine Radar Market, By Type, 2021 - 2031 (USD Million)
      1. X Band
      2. S Band
    2. Marine Radar Market, By Component, 2021 - 2031 (USD Million)
      1. Transmitter
      2. Receiver
      3. Antennae
      4. Others
    3. Marine Radar Market, By Technology, 2021 - 2031 (USD Million)

      1. Pulse Compression Technology

      2. Frequency Modulated Continuous Wave

    4. Marine Radar Market, By Application, 2021 - 2031 (USD Million)
      1. Fishing Vessel
      2. Merchant Marine
      3. Military Naval
      4. Recreational Boat
    5. Global Marine Radar Market, By Geography, 2021 - 2031 (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. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
      5. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
  6. Competitive Landscape
    1. Company Profiles
      1. Furuno Electric Co., Ltd.
      2. Raymarine (FLIR Systems)
      3. Kelvin Hughes Limited
      4. Kongsberg Maritime AS
      5. Garmin Ltd.
      6. Navico
  7. Analyst Views
  8. Future Outlook of the Market