Naval Radar Systems Market By Radar Type (Active Electronically Scanned Array (AESA), Passive Electronically Scanned Array (PESA), Doppler Radar Systems, Continuous Wave Radar, Pulsed Radar Systems), By Platform (Surface Ships, Submarines, Coastal Surveillance Stations), By Application (Surveillance, Weapon Guidance, Navigation, Airborne Threat Detection), By End-User (Naval Defense Forces, Commercial Shipping Companies), and By Region; Global Insights & Forecast (2024 – 2030)

As per Intent Market Research, the Naval Radar Systems Market was valued at USD 5.3 billion in 2023 and will surpass USD 7.1 billion by 2030; growing at a CAGR of 4.1% during 2024 - 2030.

The naval radar systems market is witnessing significant growth due to advancements in radar technology, rising maritime security threats, and increasing defense budgets worldwide. These systems play a vital role in naval operations, ensuring efficient surveillance, navigation, and weapon guidance in challenging maritime environments. As global naval forces modernize and expand their fleets, the demand for innovative and efficient radar systems is on the rise, with certain segments demonstrating remarkable growth potential.

AESA Segment Is the Largest Owing to Its Advanced Capabilities

Active Electronically Scanned Array (AESA) radar systems dominate the naval radar market due to their superior performance in multi-target tracking and high-resolution imaging. Their ability to perform multiple functions simultaneously, such as surveillance, guidance, and target detection, makes them a preferred choice for modern naval fleets. The adoption of AESA radars is driven by their robustness, reduced maintenance needs, and compatibility with modern combat systems.

With major defense contractors like Raytheon and Northrop Grumman investing in AESA advancements, these systems are increasingly integrated into both surface ships and submarines. Their deployment is particularly notable in advanced naval forces, such as those in North America and Europe, ensuring operational superiority in complex maritime missions.

Surface Ships Segment Leads Due to Wide-Scale Deployment

Surface ships, including aircraft carriers, destroyers, and frigates, represent the largest platform segment in the naval radar systems market. These vessels rely on cutting-edge radar technology for comprehensive situational awareness, enabling effective maritime defense and coordinated fleet operations.

The increasing emphasis on multi-role surface ships capable of engaging in diverse missions has further bolstered radar system adoption. The integration of high-performance radar systems like AESA and Doppler radars into modern warships enhances their capabilities in threat detection and missile guidance. Countries with expanding naval budgets, such as the United States and China, are spearheading initiatives to upgrade radar systems on their fleets, driving growth in this segment.

Weapon Guidance Segment Grows Rapidly with Technological Innovations

Weapon guidance is emerging as the fastest-growing application segment due to advancements in precision-guided weapon systems. Radar systems used in this segment are equipped with cutting-edge technologies that enhance accuracy, reduce reaction time, and improve missile interception capabilities.

The increasing adoption of radar systems for integrated weapon platforms, including anti-ship missiles and torpedoes, highlights their strategic importance. Defense forces are investing in radar technologies that enable seamless communication with weapon systems, ensuring operational success in high-stakes scenarios.

Naval Defense Forces Dominate as the Primary End-User

Naval defense forces account for the largest end-user segment in the naval radar systems market, driven by extensive fleet modernization programs and the need for advanced maritime defense solutions. With rising geopolitical tensions and growing concerns over territorial waters, naval forces globally are prioritizing investments in state-of-the-art radar systems.

These systems play a crucial role in bolstering national security, supporting operations ranging from surveillance and reconnaissance to missile defense and anti-submarine warfare. The United States, China, and European nations lead the charge in equipping their naval forces with sophisticated radar technology.

Asia-Pacific Emerges as the Fastest-Growing Region

The Asia-Pacific region is witnessing rapid growth in the naval radar systems market, fueled by increasing defense expenditures and naval fleet expansions in countries like China, India, and Japan. Regional tensions and territorial disputes in critical waterways such as the South China Sea are driving investments in advanced radar technologies.

Governments in the region are actively engaging in modernization programs, with significant funding directed toward integrating radar systems into next-generation vessels. The proliferation of domestic radar manufacturing capabilities, coupled with international collaborations, further supports the region’s growth trajectory.

Competitive Landscape and Leading Companies

The naval radar systems market is highly competitive, with key players including Thales Group, Lockheed Martin Corporation, Raytheon Technologies, Northrop Grumman, and BAE Systems. These companies focus on R&D and strategic partnerships to develop advanced radar technologies, catering to the evolving needs of global naval forces.

The competitive landscape is characterized by frequent product launches, mergers, and acquisitions, reflecting a dynamic market environment. For instance, Thales’ recent unveiling of the GO20 MM radar system and Saab’s strategic acquisitions in radar technology underscore the industry’s commitment to innovation and market leadership.

List of Leading Companies:

• Thales Group
• Lockheed Martin Corporation
• Raytheon Technologies (RTX Corporation)
• Northrop Grumman Corporation
• BAE Systems plc
• Saab AB
• Leonardo S.p.A.
• Israel Aerospace Industries Ltd.
• Bharat Electronics Limited (BEL)
• HENSOLDT AG
• L3Harris Technologies, Inc.
• Terma A/S
• Rosoboronexport
• Mitsubishi Electric Corporation
• General Dynamics Corporation

Recent Developments:

• Thales Unveils GO20 MM Radar System designed for 360° 3D detection and UAV threat classification with advanced AI capabilities.
• L3Harris and RTX Partnership Announced targeting next-gen naval radar development with a focus on maritime defense applications.
• BAE Systems Wins Major U.K. Navy Contract awarded for upgrading radar systems to improve target detection and tracking accuracy.
• Saab Expands Radar Portfolio via Acquisition strengthens its market position by acquiring a firm specializing in advanced radar technologies.
• Leonardo Introduces Upgraded Naval Radar System enhanced with long-range detection and precision-guided targeting capabilities.

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