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According to Fortune Business Insights™, the global military radar market was valued at USD 35.58 billion in 2023 and is projected to rise from USD 46.07 billion in 2024 to USD 211.12 billion by 2032, exhibiting a CAGR of 20.96% during the forecast period. North America led the market with a 38.28% share in 2023, with the U.S. emerging as the largest contributor, expected to reach USD 63.69 billion by 2032.

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Published by Rishika Chavan, 2025-09-23 01:57:27

Military Radar Market Size

According to Fortune Business Insights™, the global military radar market was valued at USD 35.58 billion in 2023 and is projected to rise from USD 46.07 billion in 2024 to USD 211.12 billion by 2032, exhibiting a CAGR of 20.96% during the forecast period. North America led the market with a 38.28% share in 2023, with the U.S. emerging as the largest contributor, expected to reach USD 63.69 billion by 2032.

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