The global military radar market size was valued at USD 13.42 billion in 2024 and is expected to reach USD 24.71 billion by 2032, at a CAGR of 7.93% during the forecast period
The market growth is largely fuelled by the rising defense expenditure globally, increasing modernization of armed forces, and growing demand for advanced surveillance and threat detection systems
Increasing investments in naval, air, and ground defense systems, along with technological advancements in radar systems such as AESA (Active Electronically Scanned Array) and multi-function radars, are supporting market expansion
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